Fertilizers Market in Thailand Market growing at a CAGR of more than 4% 2015-2019: Top vendors Chia Tai, Artemis & Angel
Market outlook of the fertilizers market in Thailand
Fertilizers are used to prompt the growth of plant and also in increasing the crop yield. They help plants in holding the soil, thereby reduce soil erosion. Technavios market research analyst has estimated that the consumption of fertilizers in Thailand was 2.74 million metric tons in 2014 and is expected to reach a volume of 3.34 million metric tons in 2019, growing at a CAGR of more than 4%. Agriculture is one of the major source of the economy in Thailand, wherein more than 60% of the population is involved in agriculture.
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The increasing population in Thailand every year has increased the demand for food, thereby increasing the production and consumption of fertilizers in the country. The consumers are expanding their diets with these dietary changes manifested in the form of increased demand for grain-intensive animal protein and dairy products. However, with the decline in arable land, it is difficult for farmers to increase productivity enough to cater to the high demand for food. Therefore, farmers are increasingly depending on fertilizers to improve plant growth and yields.
Segmentation of the fertilizers market in Thailand by product
Nitrogen
Phosphate
Potash
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Global agriculture: An overview
Agricultural production
Global agricultural land
PART 06: Thailand: Country profile
Economic indicators
PART 07: Agriculture in Thailand: An overview
PART 08: Market landscape
Five forces analysis
PART 09: Market segmentation by product
Fertilizer market in Thailand by product
Nitrogen fertilizer market in Thailand
Phosphate fertilizer market in Thailand
Potash fertilizer market in Thailand
PART 10: Market drivers
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