New Feature. You can post a deal now, try to post your first deal to help others save money.
OKUpdata
Hey! Thank you so much for your support and quality posts for V Show!
And congratulations on becoming our Vipon Associated Editor.
From now on, in addition to getting 10 points for each post (up to 30 points daily), we will regularly review each of your articles, and each approved article (tagged with Featured label) will be paid an additional $50.
Note: Not all articles you posted will get $50, only those that meet our requirements will be paid, and articles or contents that do not meet the requirements will be removed.
Please continue to produce high quality content for organic likes. Our shoppers love seeing your stories & posts!
Congratulations! Your V SHOW post Planting Tips has become our Featured content, we will pay $50 for this post. Please check on your balance. Please continue to produce high quality original content!
Market Size:
The global aquaculture
fertilizer market size was valued at USD
13.60 million in 2023 and is projected to grow from USD 15.74 million in 2024 to USD 47.40 million by 2032, exhibiting
a CAGR of 14.36% during the forecast
period.
The rising adoption of
fertilizers in seawater aquaculture and the rising demand for plankton
turbidity is expected to boost the market growth. Fortune Business
Insights™ mentions this information in its report titled “Aquaculture
Fertilizer Market, 2024-2032.”
Aquaculture fertilizer is used in ponds to increase fish yields. It
increases phytoplankton productivity and acts as a food base for crustaceans
and fish. The rising adoption of fertilizers in seawater aquaculture in Asia Pacific
is expected to boost adoption. Furthermore. The rising product adoption for
plankton turbidity is expected to boost market progress. The adoption of the
fertilizer reduces light penetration aquaculture pond bottoms, thereby
increasing aquatic weed production. These factors are likely to propel market
development.
Segmentation
By source, the market is classified into specialty fertilizers, single
super phosphate, potassium chloride, di-ammonium phosphate (DAP), triple
superphosphate (TSP), urea, and others. By specialty fertilizers type, it is
segmented into monoammonium phosphate (MAP), potassium nitrate, potassium
sulfate, and other specialty fertilizers. Based on application, it is
bifurcated into onshore aquaculture and seawater aquaculture. As per onshore
type, it is divided into groundwater and ponds filled with seawater.
Geographically, it is grouped into North America, Europe, Asia Pacific, and the
Rest of the World.
Report Coverage
The report provides a detailed analysis of the top segments and the
latest trends in the market. It comprehensively discusses the driving and
restraining factors and the impact of COVID-19 on the market. Additionally, it
examines the regional developments and the strategies undertaken by the
market's key players.
Source: https://www.fortunebusinessinsights.com/aquaculture-fertilizer-market-106684
Drivers and Restraints
Rising World Aquaculture Production to Bolster Industry Progress
Rising per-capita fish consumption is expected to boost world
aquaculture production. The entry of several fertilizer companies is expected
to boost the production of aquaculture fertilizers. For example, as per the FAO
report in 2020, China emerged as a huge producer of aquaculture fertilizer,
producing nearly 47,559 thousand tonnes of fish. India produced 7,066 thousand
tonnes of fish, and Indonesia produced 5,427 thousand tonnes of fish.
Furthermore, supportive government regulations for the production of
fertilizers are expected to boost industry growth. For example, the Chinese
government informed local governments to maintain steady fertilizer prices,
ensuring a stable supply during the spring season. These factors may drive the
aquaculture fertilizer market growth.
However, fluctuating fertilizer prices and a lack of knowledge regarding
the fertilizer’s benefits are expected to hinder the market progress.
Regional Insights
Exploitation of Storage Reservoirs to Foster Industry Growth in Asia
Pacific
Asia Pacific is expected to dominate the aquaculture fertilizer market
share because of the exploitation of storage reservoirs in China. The market in
Asia Pacific stood at USD 2,803 million in 2020 and is expected to gain
significant market share in the upcoming years. Further, freshwater aquaculture
fish farming exploration is expected to propel industry development. Moreover,
the rising popularity of freshwater prawn farming in India may boost market
progress.
In North America, the increasing demand for domestic seafood production
is expected to decrease dependence on imports, thereby impacting the market
positively. Furthermore, technological advancements and the adoption of
management techniques are expected to boost aquaculture fertilizer adoption.
These factors are anticipated to facilitate industry growth.
Competitive Landscape
Major Companies Engage in Mergers to Expand Market Presence
The prominent companies operating in the market engage in merger
activities to expand their market presence. For example, Sinochem, a subsidiary
of Sinofert, engaged in a merger with ChemChina in January 2020. This merger
may allow the company to expand its worldwide presence. Furthermore,
technologically advanced automated production adoption allows companies to
satisfy demand, recover costs, avoid virus spread, and boost their annual
revenues. In addition, companies adopt research and development, novel product
launches, acquisitions, and partnerships to boost their market position
globally.
Industry Development
List of Key Players Profiled in the Aquaculture Fertilizer Market Report
Market Size:
The global aquaculture
fertilizer market size was valued at USD
13.60 million in 2023 and is projected to grow from USD 15.74 million in 2024 to USD 47.40 million by 2032, exhibiting
a CAGR of 14.36% during the forecast
period.
The rising adoption of
fertilizers in seawater aquaculture and the rising demand for plankton
turbidity is expected to boost the market growth. Fortune Business
Insights™ mentions this information in its report titled “Aquaculture
Fertilizer Market, 2024-2032.”
Aquaculture fertilizer is used in ponds to increase fish yields. It
increases phytoplankton productivity and acts as a food base for crustaceans
and fish. The rising adoption of fertilizers in seawater aquaculture in Asia Pacific
is expected to boost adoption. Furthermore. The rising product adoption for
plankton turbidity is expected to boost market progress. The adoption of the
fertilizer reduces light penetration aquaculture pond bottoms, thereby
increasing aquatic weed production. These factors are likely to propel market
development.
Segmentation
By source, the market is classified into specialty fertilizers, single
super phosphate, potassium chloride, di-ammonium phosphate (DAP), triple
superphosphate (TSP), urea, and others. By specialty fertilizers type, it is
segmented into monoammonium phosphate (MAP), potassium nitrate, potassium
sulfate, and other specialty fertilizers. Based on application, it is
bifurcated into onshore aquaculture and seawater aquaculture. As per onshore
type, it is divided into groundwater and ponds filled with seawater.
Geographically, it is grouped into North America, Europe, Asia Pacific, and the
Rest of the World.
Report Coverage
The report provides a detailed analysis of the top segments and the
latest trends in the market. It comprehensively discusses the driving and
restraining factors and the impact of COVID-19 on the market. Additionally, it
examines the regional developments and the strategies undertaken by the
market's key players.
Source: https://www.fortunebusinessinsights.com/aquaculture-fertilizer-market-106684
Drivers and Restraints
Rising World Aquaculture Production to Bolster Industry Progress
Rising per-capita fish consumption is expected to boost world
aquaculture production. The entry of several fertilizer companies is expected
to boost the production of aquaculture fertilizers. For example, as per the FAO
report in 2020, China emerged as a huge producer of aquaculture fertilizer,
producing nearly 47,559 thousand tonnes of fish. India produced 7,066 thousand
tonnes of fish, and Indonesia produced 5,427 thousand tonnes of fish.
Furthermore, supportive government regulations for the production of
fertilizers are expected to boost industry growth. For example, the Chinese
government informed local governments to maintain steady fertilizer prices,
ensuring a stable supply during the spring season. These factors may drive the
aquaculture fertilizer market growth.
However, fluctuating fertilizer prices and a lack of knowledge regarding
the fertilizer’s benefits are expected to hinder the market progress.
Regional Insights
Exploitation of Storage Reservoirs to Foster Industry Growth in Asia
Pacific
Asia Pacific is expected to dominate the aquaculture fertilizer market
share because of the exploitation of storage reservoirs in China. The market in
Asia Pacific stood at USD 2,803 million in 2020 and is expected to gain
significant market share in the upcoming years. Further, freshwater aquaculture
fish farming exploration is expected to propel industry development. Moreover,
the rising popularity of freshwater prawn farming in India may boost market
progress.
In North America, the increasing demand for domestic seafood production
is expected to decrease dependence on imports, thereby impacting the market
positively. Furthermore, technological advancements and the adoption of
management techniques are expected to boost aquaculture fertilizer adoption.
These factors are anticipated to facilitate industry growth.
Competitive Landscape
Major Companies Engage in Mergers to Expand Market Presence
The prominent companies operating in the market engage in merger
activities to expand their market presence. For example, Sinochem, a subsidiary
of Sinofert, engaged in a merger with ChemChina in January 2020. This merger
may allow the company to expand its worldwide presence. Furthermore,
technologically advanced automated production adoption allows companies to
satisfy demand, recover costs, avoid virus spread, and boost their annual
revenues. In addition, companies adopt research and development, novel product
launches, acquisitions, and partnerships to boost their market position
globally.
Industry Development
List of Key Players Profiled in the Aquaculture Fertilizer Market Report
Are you sure you want to stop following?
Congrats! You are now a member!
Start requesting vouchers for promo codes by clicking the Request Deal buttons on products you want.
Start requesting vouchers for promo codes by clicking the Request Deal buttons on products you want.
Sellers of Amazon products are required to sign in at www.amztracker.com
More information about placing your products on this site can be found here.
Are you having problems purchasing a product with the supplied voucher? If so, please contact the seller via the supplied email.
Also, please be patient. Sellers are pretty busy people and it can take awhile to respond to your emails.
After 2 days of receiving a voucher you can report the seller to us (using the same button) if you cannot resolve this issue with the seller.
For more information click here.
We have taken note and will also convey the problems to the seller on your behalf.
Usually the seller will rectify it soon, we suggest now you can remove this request from your dashboard and choose another deal.
If you love this deal most, we suggest you can try to request this deal after 2 days.
This will mark the product as purchased. The voucher will be permanently removed from your dashboard shortly after. Are you sure?
You are essentially competing with a whole lot of other buyers when requesting to purchase a product. The seller only has a limited amount of vouchers to give out too.
Select All Groups
✕
Adult Products
Arts, Crafts & Sewing
Automotive & Industrial
Beauty & Grooming
Cell Phones & Accessories
Electronics & Office
Health & Household
Home & Garden
Jewelry
Kitchen & Dining
Men's Clothing & Shoes
Pet Supplies
Sports & Outdoors
Toys, Kids & Baby
Watches
Women's Clothing & Shoes
Other
Adult Products
©Copyright 2024 Vipon All Right Reserved · Privacy Policy · Terms of Service · Do Not Sell My Personal Information
Comments