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Ammonium Sulfate Market Projected To Reach USD 5.04 Billion By 2030

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  San Francisco, 8 Feb 2024:  The Report  Ammonium Sulfate Market  Size, Share & Trends Analysis Report By Product (Solid, Liquid), By Application (Fertilizer, Pharmaceutical, Food & Feed Additive), By Region, And Segment Forecasts, 2024 - 2030 The global ammonium sulfate market size is expected to reach USD 5.04 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.0% from 2024 to 2030. The advancement in agriculture technology would drive the demand for fertilizers, which would indirectly result in the growing demand for ammonium sulfate. Ammonium sulfate is an inorganic water salt comprising sulfur and nitrogen. The composition is used in the agricultural sector as fertilizer. It has the ability to provide stability and functionality to the fertilizer. Benefits associated with these fertilizers include water-solubility, easy blending abilities with nitrogenous fertilizers, and elevation of soil. These benefits ensure high

Ammonium Sulfate Market Boost The Industry Growth at USD 3.79 Billion By 2025 : Grand View Research Inc.

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San Francisco, 24 October 2019:   The Report   Ammonium Sulfate Market   Size, Share & Trends Analysis Report By Product (Liquid, Solid), By Application (Fertilizers, Industrial, Food Additives), By Region (MEA, APAC, North America), And Segment Forecasts, 2019 – 2025 The global ammonium sulfate market size is expected to reach USD 3.79 billion by 2025 expanding at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Rising usage of nitrogen-based fertilizers to increase the crop yield is expected to drive the market growth over the forecast period. Need for nutrients, such as nitrogen and sulfur, is also expected to drive the market in the years to come. Ammonium sulfate is widely used for food additive application. It is used as an inorganic salt in food industry. Ammonium sulfate has a slightly salty taste with no aroma and is commonly used due to its high solubility characteristics. Thus, high demand for food additives is also expected to benefit the marke