Global Vietnamese Fertilizers Market Trends: Region-Specific Insights 2025-2033

Vietnamese Fertilizers Market by Type (Complex, Straight), by Form (Conventional, Speciality), by Application Mode (Fertigation, Foliar, Soil), by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental), by Type (Complex, Straight), by Form (Conventional, Speciality), by Application Mode (Fertigation, Foliar, Soil), by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental), by Vietnam Forecast 2025-2033

Jun 6 2025
Base Year: 2024

150 Pages
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Global Vietnamese Fertilizers Market Trends: Region-Specific Insights 2025-2033


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Key Insights

The Vietnamese fertilizers market, valued at approximately $X million in 2025 (assuming a logical extrapolation based on the provided 2019-2024 data and 6.70% CAGR), is poised for robust growth throughout the forecast period (2025-2033). This expansion is driven by several key factors. Firstly, Vietnam's burgeoning agricultural sector, particularly its significant rice production and expanding horticultural industry, necessitates substantial fertilizer usage. Secondly, rising government initiatives focused on improving agricultural yields and promoting sustainable farming practices are fostering fertilizer adoption. Thirdly, advancements in fertilizer technology, such as the increasing popularity of specialty fertilizers tailored to specific crop needs, contribute to market growth. The market segmentation reveals a dynamic landscape, with complex fertilizers commanding a larger share compared to straight fertilizers, reflecting the increasing demand for nutrient-efficient solutions. Conventional forms are currently dominant, but specialty fertilizers are expected to witness significant growth due to their targeted nutrient delivery and enhanced crop performance. The application modes are diverse, with fertigation and foliar application methods gaining traction alongside traditional soil application, reflecting increasing farmer awareness of efficient nutrient management. Major players like AGRICULTURAL PRODUCTS AND MATERIALS JSC (APROMACO), Grupa Azoty S A (Compo Expert), and Yara International AS are actively shaping market dynamics through product innovation, distribution network expansion, and strategic partnerships.

However, the market's growth is not without challenges. Price volatility of raw materials, particularly phosphate and potash, poses a significant restraint. Environmental concerns related to fertilizer overuse and its impact on soil and water quality are also influencing market trends, pushing the demand for sustainable and environmentally friendly fertilizer options. Furthermore, competition among domestic and international players intensifies, demanding continuous innovation and cost-effective solutions. Despite these restraints, the long-term outlook remains optimistic, driven by rising agricultural output, government support for sustainable agriculture, and growing farmer awareness of the benefits of balanced fertilization. The predicted CAGR of 6.70% implies a substantial market expansion by 2033, creating lucrative opportunities for both established players and new entrants in the Vietnamese fertilizer market.

Vietnamese Fertilizers Market Research Report - Market Size, Growth & Forecast

Vietnamese Fertilizers Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the Vietnamese fertilizers market, covering the period from 2019 to 2033. It delves into market structure, competitive dynamics, industry trends, and key growth drivers, offering valuable insights for stakeholders across the fertilizer value chain. The report incorporates detailed segmentations by type (Complex, Straight), form (Conventional, Specialty), crop type (Field Crops, Horticultural Crops, Turf & Ornamental), and application mode (Fertigation, Foliar, Soil), providing a granular understanding of this dynamic market. With a base year of 2025 and a forecast period extending to 2033, this report is an indispensable resource for strategic decision-making. The estimated market size in 2025 is projected to be xx Million USD.

Vietnamese Fertilizers Market Market Structure & Competitive Dynamics

The Vietnamese fertilizer market exhibits a moderately concentrated structure, with several major players alongside numerous smaller regional companies. Market share is dynamic, influenced by factors such as product innovation, pricing strategies, and government regulations. The innovation ecosystem is evolving, with companies investing in research and development to improve fertilizer efficiency and sustainability. Regulatory frameworks play a significant role in shaping market dynamics, with policies related to environmental protection and agricultural sustainability impacting fertilizer production and usage. Product substitutes, such as organic fertilizers and biofertilizers, are gaining traction, although conventional chemical fertilizers still dominate the market. End-user trends reflect a growing demand for high-yield, cost-effective fertilizers tailored to specific crop needs. Mergers and acquisitions (M&A) activity has been moderate but significant, with recent deals primarily focused on expanding distribution networks and accessing new technologies. For instance, while exact M&A deal values are unavailable for all transactions, the recent activity signals a move towards consolidation and improved efficiency.

  • Market Concentration: Moderately concentrated, with a few dominant players holding xx% of the market share.
  • Innovation Ecosystem: Growing investment in R&D focused on improving fertilizer efficiency and sustainability.
  • Regulatory Frameworks: Government regulations influence product registration and environmental impact.
  • Product Substitutes: Growing adoption of organic and biofertilizers, although chemical fertilizers still dominate.
  • End-User Trends: Increasing demand for high-yield fertilizers tailored to specific crop needs.
  • M&A Activity: Moderate activity, focusing on expansion and technological access.

Vietnamese Fertilizers Market Industry Trends & Insights

The Vietnamese fertilizers market is projected to experience significant growth during the forecast period (2025-2033), driven primarily by the expanding agricultural sector, rising demand for food, and increasing government investment in agricultural modernization. The Compound Annual Growth Rate (CAGR) is estimated to be xx% during this period. Technological disruptions, such as the adoption of precision agriculture and smart farming techniques, are transforming fertilizer application and management, driving efficiency gains and reduced environmental impact. Consumer preferences are shifting towards high-quality, environmentally friendly fertilizers with enhanced nutrient delivery systems. Competitive dynamics are intense, with companies vying for market share through product differentiation, pricing strategies, and brand building. Market penetration of specialty fertilizers is gradually increasing, driven by higher crop yields and better environmental sustainability.

Vietnamese Fertilizers Market Growth

Dominant Markets & Segments in Vietnamese Fertilizers Market

The Vietnamese fertilizers market is dominated by the field crops segment, driven by large-scale agricultural production. Within the type segment, complex fertilizers account for the largest market share due to their balanced nutrient profiles and improved crop productivity. Conventional fertilizers remain prevalent, but there is growing demand for specialty fertilizers with targeted nutrient delivery for improved yields and reduced environmental impact. The soil application mode continues to be dominant, although fertigation and foliar application are experiencing increased adoption due to their efficiency advantages.

  • Key Drivers for Field Crops Dominance:
    • Large-scale agricultural production
    • High demand for staple crops
    • Government support for agricultural development
  • Key Drivers for Complex Fertilizers Dominance:
    • Balanced nutrient profiles
    • Improved crop yields and efficiency
    • Cost-effectiveness compared to straight fertilizers
  • Key Drivers for Soil Application Dominance:
    • Established practice
    • Ease of application
    • Cost-effectiveness

Vietnamese Fertilizers Market Product Innovations

Recent innovations focus on enhancing fertilizer efficiency, reducing environmental impact, and improving nutrient uptake. Companies are developing controlled-release fertilizers and specialty blends tailored to specific crop needs. Technological trends include the use of nanotechnology, biostimulants, and microbial inoculants to improve fertilizer efficacy and sustainability. These innovations cater to the market's growing demand for high-yield, environmentally friendly fertilizers.

Report Segmentation & Scope

The report comprehensively segments the Vietnamese fertilizers market based on several key factors:

  • Type: Complex fertilizers, Straight fertilizers. Complex fertilizers are projected to grow at a higher CAGR than straight fertilizers due to their superior nutrient profile. Competitive dynamics are driven by innovation in nutrient combinations and formulations.
  • Form: Conventional fertilizers, Specialty fertilizers. Specialty fertilizers are projected to witness faster growth than conventional fertilizers due to increased consumer demand for high-yield and eco-friendly options. The market is witnessing several innovative product launches in this segment.
  • Crop Type: Field crops, Horticultural crops, Turf & Ornamental. Each segment presents specific needs regarding nutrient profiles, application methods, and product formulation.
  • Application Mode: Fertigation, Foliar, Soil application. The report analyzes application methods' efficacy and impact on fertilizer efficiency and crop yield, along with the market share for each.

Key Drivers of Vietnamese Fertilizers Market Growth

The Vietnamese fertilizers market is driven by several key factors: the increasing demand for food due to a growing population and rising incomes; the expansion of the agricultural sector and government initiatives to enhance agricultural productivity; the growing adoption of modern farming practices, promoting efficient fertilizer use; favorable government policies supporting agricultural modernization; and rising investments in agricultural infrastructure, facilitating efficient fertilizer distribution and application.

Challenges in the Vietnamese Fertilizers Market Sector

Challenges include fluctuating raw material prices, impacting fertilizer costs; the potential for environmental concerns associated with improper fertilizer use; the need for improved farmer education and awareness regarding efficient fertilizer application; competition from imported fertilizers; and evolving government regulations impacting fertilizer production and distribution. These challenges impact profitability and sustainability within the market.

Leading Players in the Vietnamese Fertilizers Market Market

  • AGRICULTURAL PRODUCTS AND MATERIALS JSC (APROMACO)
  • Grupa Azoty S A (Compo Expert)
  • PetroVietnam Fertilizer and Chemical Corp
  • Ninh Binh Phosphate Fertilizer JSC
  • Baconco
  • Haifa Group
  • Duc Giang Chemicals Group
  • Yara International AS
  • Binh Dien Fertilizer JSC (BFC)
  • Southern Fertilizer JSC

Key Developments in Vietnamese Fertilizers Market Sector

  • June 2022: Duc Giang Chemicals Group expands production facilities with a USD 13.16 Million investment in the Duc Giang-Dak Nong Fertilizer Factory Project, boosting NPK fertilizer production capacity by 2 lakh tons/year. This signifies a significant expansion in domestic production capacity.
  • April 2022: PetroVietnam Fertilizer and Chemical Corp. launches Phu My NPK - microbiology, an innovative product combining inorganic NPK fertilizer with beneficial microorganisms for improved crop productivity. This highlights the market's trend towards biofertilizers.
  • March 2022: The Haifa Group acquires Horticoop Andina, expanding its Latin American market presence and strengthening its global position in advanced plant nutrition. While not directly impacting the Vietnamese market, this reflects a broader global trend of consolidation and market expansion strategies.

Strategic Vietnamese Fertilizers Market Market Outlook

The Vietnamese fertilizers market presents significant growth opportunities driven by the increasing demand for food, ongoing agricultural modernization, and the adoption of advanced farming technologies. Companies that invest in research and development, focus on sustainable and high-efficiency products, and effectively cater to evolving farmer needs are poised to capture significant market share. The market will continue to witness innovation in fertilizer formulations, application methods, and distribution channels. The focus on sustainability and environmental consciousness will further shape the market's future trajectory.

Vietnamese Fertilizers Market Segmentation

  • 1. Type
    • 1.1. Complex
    • 1.2. Straight
      • 1.2.1. Micronutrients
        • 1.2.1.1. Boron
        • 1.2.1.2. Copper
        • 1.2.1.3. Iron
        • 1.2.1.4. Manganese
        • 1.2.1.5. Molybdenum
        • 1.2.1.6. Zinc
        • 1.2.1.7. Others
      • 1.2.2. Nitrogenous
        • 1.2.2.1. Urea
      • 1.2.3. Phosphatic
        • 1.2.3.1. DAP
        • 1.2.3.2. MAP
        • 1.2.3.3. TSP
      • 1.2.4. Potassic
        • 1.2.4.1. MoP
        • 1.2.4.2. SoP
      • 1.2.5. Secondary Macronutrients
        • 1.2.5.1. Calcium
        • 1.2.5.2. Magnesium
        • 1.2.5.3. Sulfur
  • 2. Form
    • 2.1. Conventional
    • 2.2. Speciality
      • 2.2.1. CRF
      • 2.2.2. Liquid Fertilizer
      • 2.2.3. SRF
      • 2.2.4. Water Soluble
  • 3. Application Mode
    • 3.1. Fertigation
    • 3.2. Foliar
    • 3.3. Soil
  • 4. Crop Type
    • 4.1. Field Crops
    • 4.2. Horticultural Crops
    • 4.3. Turf & Ornamental
  • 5. Type
    • 5.1. Complex
    • 5.2. Straight
      • 5.2.1. Micronutrients
        • 5.2.1.1. Boron
        • 5.2.1.2. Copper
        • 5.2.1.3. Iron
        • 5.2.1.4. Manganese
        • 5.2.1.5. Molybdenum
        • 5.2.1.6. Zinc
        • 5.2.1.7. Others
      • 5.2.2. Nitrogenous
        • 5.2.2.1. Urea
      • 5.2.3. Phosphatic
        • 5.2.3.1. DAP
        • 5.2.3.2. MAP
        • 5.2.3.3. TSP
      • 5.2.4. Potassic
        • 5.2.4.1. MoP
        • 5.2.4.2. SoP
      • 5.2.5. Secondary Macronutrients
        • 5.2.5.1. Calcium
        • 5.2.5.2. Magnesium
        • 5.2.5.3. Sulfur
  • 6. Form
    • 6.1. Conventional
    • 6.2. Speciality
      • 6.2.1. CRF
      • 6.2.2. Liquid Fertilizer
      • 6.2.3. SRF
      • 6.2.4. Water Soluble
  • 7. Application Mode
    • 7.1. Fertigation
    • 7.2. Foliar
    • 7.3. Soil
  • 8. Crop Type
    • 8.1. Field Crops
    • 8.2. Horticultural Crops
    • 8.3. Turf & Ornamental

Vietnamese Fertilizers Market Segmentation By Geography

  • 1. Vietnam
Vietnamese Fertilizers Market Regional Share


Vietnamese Fertilizers Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 6.70% from 2019-2033
Segmentation
    • By Type
      • Complex
      • Straight
        • Micronutrients
          • Boron
          • Copper
          • Iron
          • Manganese
          • Molybdenum
          • Zinc
          • Others
        • Nitrogenous
          • Urea
        • Phosphatic
          • DAP
          • MAP
          • TSP
        • Potassic
          • MoP
          • SoP
        • Secondary Macronutrients
          • Calcium
          • Magnesium
          • Sulfur
    • By Form
      • Conventional
      • Speciality
        • CRF
        • Liquid Fertilizer
        • SRF
        • Water Soluble
    • By Application Mode
      • Fertigation
      • Foliar
      • Soil
    • By Crop Type
      • Field Crops
      • Horticultural Crops
      • Turf & Ornamental
    • By Type
      • Complex
      • Straight
        • Micronutrients
          • Boron
          • Copper
          • Iron
          • Manganese
          • Molybdenum
          • Zinc
          • Others
        • Nitrogenous
          • Urea
        • Phosphatic
          • DAP
          • MAP
          • TSP
        • Potassic
          • MoP
          • SoP
        • Secondary Macronutrients
          • Calcium
          • Magnesium
          • Sulfur
    • By Form
      • Conventional
      • Speciality
        • CRF
        • Liquid Fertilizer
        • SRF
        • Water Soluble
    • By Application Mode
      • Fertigation
      • Foliar
      • Soil
    • By Crop Type
      • Field Crops
      • Horticultural Crops
      • Turf & Ornamental
  • By Geography
    • Vietnam


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Need for Custom Product Development; Use of CROs for Regulatory Services
      • 3.3. Market Restrains
        • 3.3.1. Data and Cyber Security Concerns; Lack of Experts and Professionals in this Industry
      • 3.4. Market Trends
        • 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Vietnamese Fertilizers Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Complex
      • 5.1.2. Straight
        • 5.1.2.1. Micronutrients
          • 5.1.2.1.1. Boron
          • 5.1.2.1.2. Copper
          • 5.1.2.1.3. Iron
          • 5.1.2.1.4. Manganese
          • 5.1.2.1.5. Molybdenum
          • 5.1.2.1.6. Zinc
          • 5.1.2.1.7. Others
        • 5.1.2.2. Nitrogenous
          • 5.1.2.2.1. Urea
        • 5.1.2.3. Phosphatic
          • 5.1.2.3.1. DAP
          • 5.1.2.3.2. MAP
          • 5.1.2.3.3. TSP
        • 5.1.2.4. Potassic
          • 5.1.2.4.1. MoP
          • 5.1.2.4.2. SoP
        • 5.1.2.5. Secondary Macronutrients
          • 5.1.2.5.1. Calcium
          • 5.1.2.5.2. Magnesium
          • 5.1.2.5.3. Sulfur
    • 5.2. Market Analysis, Insights and Forecast - by Form
      • 5.2.1. Conventional
      • 5.2.2. Speciality
        • 5.2.2.1. CRF
        • 5.2.2.2. Liquid Fertilizer
        • 5.2.2.3. SRF
        • 5.2.2.4. Water Soluble
    • 5.3. Market Analysis, Insights and Forecast - by Application Mode
      • 5.3.1. Fertigation
      • 5.3.2. Foliar
      • 5.3.3. Soil
    • 5.4. Market Analysis, Insights and Forecast - by Crop Type
      • 5.4.1. Field Crops
      • 5.4.2. Horticultural Crops
      • 5.4.3. Turf & Ornamental
    • 5.5. Market Analysis, Insights and Forecast - by Type
      • 5.5.1. Complex
      • 5.5.2. Straight
        • 5.5.2.1. Micronutrients
          • 5.5.2.1.1. Boron
          • 5.5.2.1.2. Copper
          • 5.5.2.1.3. Iron
          • 5.5.2.1.4. Manganese
          • 5.5.2.1.5. Molybdenum
          • 5.5.2.1.6. Zinc
          • 5.5.2.1.7. Others
        • 5.5.2.2. Nitrogenous
          • 5.5.2.2.1. Urea
        • 5.5.2.3. Phosphatic
          • 5.5.2.3.1. DAP
          • 5.5.2.3.2. MAP
          • 5.5.2.3.3. TSP
        • 5.5.2.4. Potassic
          • 5.5.2.4.1. MoP
          • 5.5.2.4.2. SoP
        • 5.5.2.5. Secondary Macronutrients
          • 5.5.2.5.1. Calcium
          • 5.5.2.5.2. Magnesium
          • 5.5.2.5.3. Sulfur
    • 5.6. Market Analysis, Insights and Forecast - by Form
      • 5.6.1. Conventional
      • 5.6.2. Speciality
        • 5.6.2.1. CRF
        • 5.6.2.2. Liquid Fertilizer
        • 5.6.2.3. SRF
        • 5.6.2.4. Water Soluble
    • 5.7. Market Analysis, Insights and Forecast - by Application Mode
      • 5.7.1. Fertigation
      • 5.7.2. Foliar
      • 5.7.3. Soil
    • 5.8. Market Analysis, Insights and Forecast - by Crop Type
      • 5.8.1. Field Crops
      • 5.8.2. Horticultural Crops
      • 5.8.3. Turf & Ornamental
    • 5.9. Market Analysis, Insights and Forecast - by Region
      • 5.9.1. Vietnam
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 AGRICULTURAL PRODUCTS AND MATERIALS JSC (APROMACO)
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Grupa Azoty S A (Compo Expert)
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 PetroVietnam Fertilizer and Chemical Corp
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Ninh Binh Phosphate Fertilizer JSC
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 Baconco
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 Haifa Group
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 Duc Giang Chemicals Group
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 Yara International AS
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Binh Dien Fertilizer JSC (BFC)
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 Southern Fertilizer JSC
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Vietnamese Fertilizers Market Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Vietnamese Fertilizers Market Share (%) by Company 2024

List of Tables

  1. Table 1: Vietnamese Fertilizers Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Vietnamese Fertilizers Market Revenue Million Forecast, by Type 2019 & 2032
  3. Table 3: Vietnamese Fertilizers Market Revenue Million Forecast, by Form 2019 & 2032
  4. Table 4: Vietnamese Fertilizers Market Revenue Million Forecast, by Application Mode 2019 & 2032
  5. Table 5: Vietnamese Fertilizers Market Revenue Million Forecast, by Crop Type 2019 & 2032
  6. Table 6: Vietnamese Fertilizers Market Revenue Million Forecast, by Type 2019 & 2032
  7. Table 7: Vietnamese Fertilizers Market Revenue Million Forecast, by Form 2019 & 2032
  8. Table 8: Vietnamese Fertilizers Market Revenue Million Forecast, by Application Mode 2019 & 2032
  9. Table 9: Vietnamese Fertilizers Market Revenue Million Forecast, by Crop Type 2019 & 2032
  10. Table 10: Vietnamese Fertilizers Market Revenue Million Forecast, by Region 2019 & 2032
  11. Table 11: Vietnamese Fertilizers Market Revenue Million Forecast, by Country 2019 & 2032
  12. Table 12: Vietnamese Fertilizers Market Revenue Million Forecast, by Type 2019 & 2032
  13. Table 13: Vietnamese Fertilizers Market Revenue Million Forecast, by Form 2019 & 2032
  14. Table 14: Vietnamese Fertilizers Market Revenue Million Forecast, by Application Mode 2019 & 2032
  15. Table 15: Vietnamese Fertilizers Market Revenue Million Forecast, by Crop Type 2019 & 2032
  16. Table 16: Vietnamese Fertilizers Market Revenue Million Forecast, by Type 2019 & 2032
  17. Table 17: Vietnamese Fertilizers Market Revenue Million Forecast, by Form 2019 & 2032
  18. Table 18: Vietnamese Fertilizers Market Revenue Million Forecast, by Application Mode 2019 & 2032
  19. Table 19: Vietnamese Fertilizers Market Revenue Million Forecast, by Crop Type 2019 & 2032
  20. Table 20: Vietnamese Fertilizers Market Revenue Million Forecast, by Country 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Vietnamese Fertilizers Market?

The projected CAGR is approximately 6.70%.

2. Which companies are prominent players in the Vietnamese Fertilizers Market?

Key companies in the market include AGRICULTURAL PRODUCTS AND MATERIALS JSC (APROMACO), Grupa Azoty S A (Compo Expert), PetroVietnam Fertilizer and Chemical Corp, Ninh Binh Phosphate Fertilizer JSC, Baconco, Haifa Group, Duc Giang Chemicals Group, Yara International AS, Binh Dien Fertilizer JSC (BFC), Southern Fertilizer JSC.

3. What are the main segments of the Vietnamese Fertilizers Market?

The market segments include Type, Form, Application Mode, Crop Type, Type, Form, Application Mode, Crop Type.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Need for Custom Product Development; Use of CROs for Regulatory Services.

6. What are the notable trends driving market growth?

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

7. Are there any restraints impacting market growth?

Data and Cyber Security Concerns; Lack of Experts and Professionals in this Industry.

8. Can you provide examples of recent developments in the market?

June 2022: Duc Giang Chemicals Group is expanding production facilities with the total investment for the Duc Giang-Dak Nong Fertilizer Factory Project being USD 13.16 million. It has a 2 lakh ton/year NPK fertilizer-producing capacity.April 2022: PetroVietnam Fertilizer and Chemical Corp. launched a new product line of Phu My NPK - microbiology. This is an inorganic fertilizer NPK containing useful microorganisms to improve crop productivity.March 2022: The Haifa Group entered a purchase agreement with HORTICOOP BV to acquire Horticoop Andina, the distributor of nutritional products for agriculture. Through this acquisition of the brand, Haifa intends to expand its market presence in the Latin American market and strengthen its position as a global superbrand in advanced plant nutrition.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Vietnamese Fertilizers Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Vietnamese Fertilizers Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Vietnamese Fertilizers Market?

To stay informed about further developments, trends, and reports in the Vietnamese Fertilizers Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

About Precision Market View

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Our team combines primary research, advanced analytics, and industry expertise to deliver actionable intelligence. We offer syndicated reports, custom research, and consulting services tailored to your business needs.

At Precision Market View, we are committed to quality, transparency, and client satisfaction. Every report is rigorously validated to ensure accuracy and relevance. Our global perspective and local expertise help you understand both the big picture and the finer details of your market.

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