DUBLIN, October 14, 2022 /PRNewswire/ — The “Fertilizer Sticks Market – Global Industry Size, Share, Trends, Opportunities and Forecast, 2017-2027 Segmented by Type, by Application, by Nutrient, by Distribution Channel, by Region, 2027” report has been added to from ResearchAndMarkets.com offer.
The global fertilizer sticks market is expected to register growth at a terrific rate during the forecast period 2023-2027. The growth of the market can be attributed to the growing trend of home gardening and the surge in demand for high yielding plants using fertilizers.
Fertilizers meet the nutritional needs of plants and provide them with a healthy environment for them to thrive. Fertilizer sticks are becoming one of the innovative agricultural products that deliver nutrients to plants more efficiently. Easier to handle and store, fertilizer sticks stimulate soil biological activity better than traditional granular fertilizers.
Fertilizer sticks should be inserted next to plant roots, where they are easily absorbed when the plants are watered. The sticks are rich in nutrients like potassium, humic acid, phosphorus, amino acids, growth hormones, micronutrients, healthy microbes, etc., effectively promoting plant growth.
As people realize the benefits of living in green environments or incorporating plants into high-rise residential buildings, commercial complexes and corporate offices, the demand for vegetable gardens, vertical farming and plants is growing rapidly. The rising trend of home-based agriculture and horticulture practices and the growing inclination towards organic farming are some of the factors propelling the growth of the global fertilizer market.
Depletion of farmland and reduction in crop yields are forcing farmers to actively use methods like fertilizer sticks to deliver nutrients, which is expected to support the growth of the global fertilizer sticks market in the coming years. coming. Additionally, rising demand for bio-fertilizers in innovative forms for better harvests and increasing awareness among farmers are driving the robust growth of the global fertilizer sticks market.
The global fertilizer sticks market is segmented on the basis of type, application, nutrient, distribution channel, regional distribution, and competitive landscape. Based on type, the market is fragmented into mineral sticks and organic sticks. Mineral sticks are expected to witness the highest growth in the global fertilizer sticks market, driven by the growing demand for nutrient-rich fertilizer sticks. However, the organic sticks segment is expected to register the fastest growth over the next five years owing to the growing awareness of organic products and growing demand for bio-fertilizers in the form of sticks.
Major companies operating in the global fertilizer sticks market include Lazy Gardener, Miracle-Gro (The Scotts Company LLC), Unique Industries, Jobes Company, COMPO Group, My Fresh Air, Easy Gardener Products, Inc., among others.
Years considered for this report:
Goal of the study:
To analyze historical growth in market size of global Fertilizer Sticks market from 2017 to 2021.
Estimate and forecast the market size of Global Fertilizer Sticks Market from 2023-2027 and the growth rate till 2027.
To classify and forecast the global Fertilizer Sticks Market based on type, application, nutrient, distribution channel, region, and company.
To identify the dominant region or segment in the global Fertilizer Sticks market.
Identify drivers and challenges in the global Fertilizer Sticks Market.
Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global Fertilizer Sticks Market.
To identify and analyze the profiles of key players operating in the global Fertilizer Sticks Market.
To identify the key sustainable strategies adopted by market players in the global Fertilizer Sticks Market.
Main topics covered:
1. Product introduction
2. Research methodology
3. Impact of COVID-19 on the Global Fertilizer Sticks Market
4. Executive Summary
5. Voice of the customer
5.1. Factors contributing to the demand for Fertilizer Sticks
5.2. Preference, by packet size
5.3. Barriers to Adoption of Fertilizer Sticks
5.4. Brand awareness
6. Global Fertilizer Sticks Market Outlook
6.1. Market size and forecast
6.1.1. By value and volume
6.2. Market share and forecasts
6.2.1. By Type (Mineral Sticks vs Organic Sticks)
6.2.2. By application (indoor plants, kitchen and Herb gardenlush green foliage, houseplants, flowering plants, others)
6.2.3. By nutrient (nitrogen, phosphorus, potassium, humic acid, growth hormones, others)
6.2.4. By distribution channel (online v/s offline)
6.2.5. By company (2021)
6.2.6. By region
6.3. Commodity Market Map
7. North America Fertilizer Sticks Market Outlook
8. Europe Fertilizer Sticks Market Outlook
9. Asia-Pacific Fertilizer Sticks Market Outlook
10. South America Fertilizer Sticks Market Outlook
11. Middle East and outlook for the Africa Fertilizer Stick Market
12. Market dynamics
13. Market trends and developments
14. Competitive landscape
14.1. Laidback Gardener
14.2. Miracle-Gro (The Scotts Company LLC)
14.3. Unique Industries
14.4. Jobes Company
14.5. COMPO Group
14.6. my clean air
14.7. Easy Gardener Products, Inc.
15. Strategic Recommendations
For more information on this report, visit https://www.researchandmarkets.com/r/dmmcj2
Research and Markets
For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900
US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716
SOURCE Research and Markets