Australia Fertilizers Market To Expand Industry Growth At USD 1.8 Billion By 2030
San Francisco, 9 Aug 2023: The Report Australia Fertilizers Market Size, Share & Trends Analysis Report By Type (Nitrogenous, Phosphatic, Potassic, Secondary Fertilizers, Others), And Segment Forecasts, 2023 - 2030 The Australia fertilizers market size is expected to reach USD 1.8 billion by 2030, and is expected to expand at a CAGR of 1.6% over the forecast period as per the new report by Grand View Research, Inc. The industry growth is majorly driven by the rising demand for food crops coupled with shrinking arable land and the adoption of precision farming methods. New food processing, manufacturing, and packaging techniques have resulted in a flourishing food & beverages sector across the country. This has led to an increase in demand for agricultural products such as food grains, vegetables, oilseeds, and fruits, thereby driving the growth of the product market. However, ammonia used for manufacturing fertilizers gets volatilized from nitrogen fertilizers and forms fi