Global CBD Plant Nutrients Market- Forecast till 2025

CBD Plant Nutrients Market is expected to register a CAGR of 28.36% to reach USD 453,208.5 Thousand by 2025

CBD Plant Nutrients Market Research Report Global Forecast till 2025

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CBD Plant Nutrients Market is expected to register a CAGR of 28.36% to reach USD 453,208.5 Thousand by 2025

Market Highlights The Global

CBD

Plant

Nutrients

Market is

estimated

to

be

valued

at USD 453,208.5 Thousand by 2025 and is expected to register a CAGR of 28.36% during the forecast period. CBD plant nutrients are macronutrients and micronutrients provided to the plants. These nutrients include primary nutrients such as nitrogen, phosphorous, and potassium; secondary macronutrients such as calcium and sulfur; and micronutrients such as zinc, boron, and iron.

Global CBD Plant Nutrients Market are high in demand in the pharmaceutical industry as they have proved to be beneficial in the treatment of various chronic diseases. They are also increasingly used in the cosmetic industry. The legalization of hemp cultivation in most of the countries across the world is projected to contribute to the growth of the global market. Moreover, the continuous research on cannabinoids and improving status of cannabis in Asian countries are expected to create lucrative growth opportunities for the cultivators of CBD. However, the stringent regulations regarding the production of CBD through synthetic methods are expected to restrain the growth of the global market during the review period.

Market Players Market Research Future recognizes The Mosaic Company (US), Israel Chemicals Limited (Israel), Sociedad QuĂ­mica y Minera de Chile (Chile), EuroChem Group

(Switzerland),

Nutrien

Ltd

(Canada),

ZuariAgroChemicals

Ltd

(India), PhosAgro (Russia), Haifa Chemicals Ltd (Israel), CF Industries Holdings, Inc (US), and Yara International ASA (Norway) as the key players operating in the global CBD plant nutrients market.

Segmental Analysis The global CBD plant nutrients market has been segmented based on type, category, mode of application, and region.

The types of CBD plant nutrients covered under the scope of the report are macronutrients and micronutrients. The macronutrient segment accounted for the prominent market share in 2018. The high requirement for nitrogen and potassium for growth and high yield of hemp is the major driving factor driving the demand for macronutrients. However, the micronutrients segment is projected to exhibit a higher CAGR during the forecast period. The growing awareness regarding the P a g e |2

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CBD Plant Nutrients Market is expected to register a CAGR of 28.36% to reach USD 453,208.5 Thousand by 2025

benefits of micronutrients on the yield is expected to contribute to the growth of the segment.

Based on category, the global CBD plant nutrients market has been segmented into organic and conventional. The conventional segment accounted for a larger market share in 2018, owing to conventional farming practices. However, the organic segment is projected to exhibit a higher CAGR owing to the increasing preference for organic food and ingredients.

The application segments analyzed for CBD plant nutrients market are drenching, fertigation, and foliar. The drenching segment accounted for the largest market share in 2018. As the CBD plant is small stemmed, the technique is used to apply nutrients directly to the base of the stem. However, the growing awareness regarding the benefits of the use of foliar among farmers has resulted in the growth of the segment. Thus, the segment is expected to register the highest CAGR during the forecast period.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/cbd-plant-nutrientsmarket-8205 Regional Analysis North America, Europe, Asia-Pacific, and the rest of the world are the regions studied under the scope of the report. As per MRFR analysis, Asia-Pacific was the dominant market accounting for the largest share in 2018. Moreover, the market in North America is expected to register the highest CAGR of 28.52% during the assessment period. The North American market accounted for the second-largest market share in 2018.

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sales@marketresearchfuture.com Copyright Š 2017 Market Research Future.

CBD Plant Nutrients Market is expected to register a CAGR of 28.36% to reach USD 453,208.5 Thousand by 2025

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sales@marketresearchfuture.com Copyright Š 2017 Market Research Future.