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NPK Fertilizers Industry Growth Analysis, Future Investment, Gross Margin, Emerging Trend| Forecast
3% during the forecast period of 2019 to 2025. To overcome these challenges and increase crop yield, farmers are opting for fertilizers, thus, boosting the demand for NPK fertilizers industry. The global NPK fertilizers market is highly fragmented with a large number of players. Increasing cultivation of fruits & vegetables: While the cereals & grains segment dominated the market for NPK fertilizers in 2018, the fruits & vegetables segment is expected to register the fastest growth during the forecast period. The high demand for fruits & vegetables has resulted in increased cultivation, thus, boosting the consumption of fertilizers.
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