France Has a 20.54% of Market Share of Total European Nitrogenous Fertilizers market

Date: 2015-08-11

“The European Nitrogenous Fertilizers market is estimated to grow at a CAGR of 2.4% from 2014 to 2019. Europe is a significant market for nitrogenous fertilizers products because it is the fastest growing exporter of wheat and other grains. Different governments in European countries always supported to increase the production by promoting use of fertilizers and pesticides. 

The report consists of in-depth study of European nitrogenous fertilizers market and its application in grain and oilseeds, fruits & vegetables, and other crops. In European countries, nitrogenous fertilizers are majorly used in grains and oilseed to meet domestic consumption and export demand. The grain and oilseed segment has a share of 61.37% of the total European nitrogenous fertilizers market. 

France has a 20.54% of market share of the total European nitrogenous fertilizers market.  The major nitrogenous fertilizers producers have been targeting Germany and U.K. market, which is significantly a bigger market after France. Spain has estimated to grow with a higher CAGR than its European counterparts.

Every small and large player wants to acquire a major share of the European nitrogenous fertilizers market in the world. This highly fragmented European nitrogenous fertilizers market’s major share is captured by Yara International (Norway). The other companies that are present in the European market and expecting to expand their operations are Eurochem (Russia), Bunge (U.S.), and Agrium Inc. (Canada)

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