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The global fertilizer sticks market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing trend of in-home gardening and the surge in demand for high yield from plants using fertilizers. Fertilizers fulfill the nutritional requirement of plants and provide a healthy environment for them to thrive. Fertilizer sticks are emerging as one of the innovative agri-products that provide nutrients to the plants in a more effective manner. Easier to handle and store, fertilizer sticks are better at stimulating biological activity in the soil compared to traditional granular fertilizers. Fertilizer sticks need to be inserted beside plant roots, where they are easily absorbed when plants are watered. The sticks are rich in nutrients like potassium, humic acid, phosphorus, amino acid, growth hormones, micronutrients, healthy microbes, etc., efficiently promoting plant growth.Speak directly to the analyst to clarify any post sales queries you may have.
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As people are becoming aware of the benefits of living in green environments or incorporating plants in high-rise residential buildings, commercial complexes, and corporate offices, the demand for home gardens, vertical farming, and plants is rapidly increasing. The growing trend of home agriculture and horticulture practices, and the rising inclination toward organic farming are some factors propelling the growth of the global fertilizer market. Depleting farmlands and reducing crop yields are compelling farmers to actively utilize methods like fertilizer sticks to supply nutrients, which is expected to support the growth of the global fertilizer sticks market in the coming years. Moreover, increasing demand for bio-fertilizers in innovative forms for better crops and rising awareness among the farmers are boosting the robust growth of the global fertilizer sticks market.
The global fertilizer sticks market is segmented on the basis of type, application, nutrient, distribution channel, regional distribution, and competitive landscape. Based on type, the market is fragmented into mineral sticks and organic sticks. Mineral sticks are expected to register the highest growth in the global fertilizer sticks market, owing to the rising demand for nutrient-rich fertilizer sticks. However, the organic sticks segment is anticipated to register the fastest growth in the coming five years due to increasing awareness towards organic products and rising demand for bio-fertilizers in stick form.
Major companies operating in the global fertilizer sticks market are Lazy Gardener, Miracle-Gro (The Scotts Company LLC), Unique Industries, Jobes Company, COMPO Group, My Fresh Air, Easy Gardener Products, Inc., among others.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the global fertilizer sticks market from 2017 to 2021.
- To estimate and forecast the market size of global fertilizer sticks market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global fertilizer sticks market based on type, application, nutrients, distribution channel, region, and company.
- To identify the dominant region or segment in the global fertilizer sticks market.
- To identify drivers and challenges for the global fertilizer sticks market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global fertilizer sticks market.
- To identify and analyze the profiles of leading players operating in the global fertilizer sticks market.
- To identify key sustainable strategies adopted by market players in global fertilizer sticks market.
The publisher calculated the market size of the Global fertilizer sticks market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
Report Scope:
In this report, global fertilizer sticks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:Fertilizer Sticks Market, By Type:
- Mineral Sticks
- Organic Sticks
Fertilizer Sticks Market, By Application:
- Houseplants
- Kitchen & Herb Garden
- Lush Green Foliage
- Indoor Plants
- Flowering Plants
- Others
Fertilizer Sticks Market, By Nutrient:
- Nitrogen
- Phosphorous
- Potassium
- Humic Acid
- Growth Hormones
- Others
Fertilizer Sticks Market, By Distribution Channel:
- Online
- Offline
Fertilizer Sticks Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global fertilizer sticks market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Fertilizer Sticks Market4. Executive Summary13. Market Trends & Developments15. Strategic Recommendations
5. Voice of Customer
6. Global Fertilizer Sticks Market Outlook
7. North America Fertilizer Sticks Market Outlook
8. Europe Fertilizer Sticks Market Outlook
9. Asia-Pacific Fertilizer Sticks Market Outlook
10. South America Fertilizer Sticks Market Outlook
11. Middle East and Africa Fertilizer Sticks Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned
- Lazy Gardener
- Miracle-Gro (The Scotts Company LLC)
- Unique Industries
- Jobes Company
- COMPO Group
- My Fresh Air
- Easy Gardener Products, Inc.