3 Jun
2021
Fertilizers are crammed with the essential nutrients including phosphorus, nitrogen, and potassium. When they tend to enhance the water retaining capacity of the soil, they also perk up the fertility of the soil altogether. Especially micronutrient fertilizers are utilized to boost crops with the essential nutrients that aid in supporting human health.
With the global population growing at a swift pace, it is highly important that adequate crops are yielded each year to hang on to an uninterrupted supply of food, clothing and other agricultural goods to people across the globe. Crops mainly tend to collect nutrients from the soil they are fledged in and here, it’s worth mentioning that various crops drain and run down soil nutrients in different rates. Even there are certain crops that can use up the nutrients just within a few seasons of imbedding. Here, fertilizers play a pivotal role in doling out the vital nutrients the crops need in order to grow properly.
Mainly, fertilizers can be classified into inorganic and organic fertilizers. And, inorganic fertilizers can be further categorized into nitrogen and phosphorus fertilizers.
Nitrogen fertilizers happen to hold in the necessary nitrogen required for the development of crops. Nitrogen is considered as the main component of chlorophyll that sustains a balance in the course of photosynthesis. It also contains protein and helps produce amino acids in plants, thereby augmenting production quality to a considerable extent.
Simultaneously, the main nutrient in a phosphorus peat is phosphorus. Phosphorus found in the cytoplasm of the cell accelerates the cell growth. Phosphorus fertilizer is highly beneficial for the development of roots of the plants.
Organic fertilizers, on the other hand, are natural fertilizers acquired from animals and plants. It augments the soil with carbonic composites that are highly indispensable for plant growth. Escalating the organic matter content of the soil, these fertilizers stimulate the proliferations of microorganisms, and modify the chemical properties of the loam. It is certainly the main ingredient for harvesting green crops.
According to Allied Market Research, the Vietnam fertilizers market is anticipated to register a significant CAGR from 2020 to 2027. Rise in focus toward agricultural development and growth in terms of production and consumer base drive the market in more than one way. Also, agriculture being one of the leading contributors to the economy of the country, the agricultural ventures always remain up with the drift to bring in innovations in their system with a full sway. The climate change often acts as the major impeding factor against the market growth at times. The sea water, sometimes, passes in the area and disturbs the farming activities, thereby posing a threat to the farmers’ income. And, as farmers are the end user of the fertilizer, this reduction in their income is projected to curtail the market growth to some extent. However, surge in the agricultural trend has augmented the demand for organic fertilizers, which in turn has almost turned down the restraining factor and paved the way for lucrative opportunities in the industry
Koyel Ghosh
Author’s Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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