SSP Fertilizers See Fastest Growth for Field Crops via Soil Application, France Tops Market in Value Despite Fragmentation
• Fastest growing phosphatic fertilizer product segment is SSP due to agronomic advantages
• Field crops account for the largest crop type segment as they are widely cultivated worldwide
• Soil application is the largest application mode segment as it is convenient without equipment
• France is the largest phosphatic fertilizer consumer by value due to higher prices
• Global phosphatic fertilizer market is fragmented, with top 5 companies occupying 30% market share