Global Cannabis Plant Nutrients Market 2023-2029
The global cannabis plant nutrients market is anticipated to increase by USD 794.0 million till 2029 at an average annual growth of 26.84 percent as per the latest market estimates. Cannabis plant nutrients are essential elements that are required for the growth and development of cannabis plants. These nutrients are necessary for the plant to perform important physiological processes, such as photosynthesis, respiration, and protein synthesis. There are three main types of cannabis plant nutrients: macronutrients, micronutrients, and secondary nutrients.Cannabis plant nutrients are essential elements that are required for the growth and development of cannabis plants. These nutrients are necessary for the plant to perform important physiological processes, such as photosynthesis, respiration, and protein synthesis. There are three main types of cannabis plant nutrients: macronutrients, micronutrients, and secondary nutrients.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global cannabis plant nutrients market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, category, mode of application, and region. The global market for cannabis plant nutrients can be segmented by type: macronutrients, micronutrients. The macronutrients segment held the largest share of the global cannabis plant nutrients market in 2022 and is anticipated to hold its share during the forecast period. Cannabis plant nutrients market is further segmented by category: conventional, organic. Globally, the conventional segment made up the largest share of the cannabis plant nutrients market. Based on mode of application, the cannabis plant nutrients market is segmented into: drenching, fertigation, foliar. The drenching segment was the largest contributor to the global cannabis plant nutrients market in 2022. On the basis of region, the cannabis plant nutrients market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World (RoW). Asia-Pacific is estimated to account for the largest share of the global cannabis plant nutrients market.
The macronutrients market is further segmented into nitrogen, phosphorous, potassium, calcium, others. In 2022, the nitrogen segment made up the largest share of revenue generated by the cannabis plant nutrients market. Furthermore, the micronutrients market has been categorized into boron, chlorine, copper, iron, manganese, molybdenum, zinc, others. Among these, the iron segment was accounted for the highest revenue generator in 2022.
Market Segmentation
By type: macronutrients, micronutrients
By category: conventional, organic
By mode of application: drenching, fertigation, foliar
By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)
The report also provides a detailed analysis of several leading cannabis plant nutrients market vendors that include CF Industries Holdings, Inc., Sociedad Química y Minera de Chile, Nutrien Ltd., EuroChem Group AG, Zuari Agro Chemicals Ltd., PJSC PhosAgro, Haifa Chemicals Ltd., The Mosaic Company, Israel Chemicals Limited, Yara International ASA, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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