Latest Developments in Global Starter Fertilizers Market

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Latest Developments in Global Starter Fertilizers Market

  • Food & Beverage
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In July 2024, Brazilian manufacturer Terraplant introduced MinerOxi+, the country’s first 3-in-1 organomineral fertilizer. This innovative product blends essential minerals, organic fractions, and oxides into a single, ready-to-use formulation. Designed to tackle environmental and climate challenges, MinerOxi+ enhances nutrient availability, corrects soil acidity, and supports sustainable farming practices. Unlike traditional fertilizers that require separate mixing and certification, MinerOxi+ is pre-certified by Brazil’s Ministry of Agriculture, offering farmers a standardized, efficient solution. It delivers both the immediate benefits of mineral fertilizers and the long-term advantages of organic matter, making it suitable for a wide range of crops
  • In December 2023, Yara International announced the acquisition of the organic-based fertilizer business of Agribios Italiana, marking its second strategic move to expand its organic portfolio in Europe. This acquisition enhances Yara’s ability to offer sustainable crop nutrition solutions, combining Agribios’ expertise in high-quality organic fertilizers with Yara’s scale and reach. It supports Yara’s broader goals of regenerative agriculture, soil health improvement, and climate change mitigation, while also aligning with the EU’s ambition to increase organic farmland. The move strengthens Yara’s presence in Italy—Europe’s second-largest organic fertilizer market—and beyond
  • In September 2023, SABIC Agri-Nutrients Company partnered with BiOWiSH Technologies and ADM to introduce a biologically enhanced urea fertilizer, recognized as a ‘green fertilizer’. This innovative product is designed to reduce greenhouse gas emissions and improve carbon sequestration in soil, offering a more sustainable alternative to conventional urea. The collaboration launched a 50,000-acre pilot project in the U.S. Midwest, where participating farmers also joined ADM’s re:generations program to adopt regenerative agriculture practices. The initiative supports SABIC’s commitment to carbon neutrality by 2050 and reflects a broader industry shift toward climate-smart farming
  • In July 2022, Nutrien Inc. announced an agreement to acquire Casa do Adubo S.A., a Brazilian agricultural retailer with 39 retail outlets and 10 distribution centers operating under the Agrodistribuidor Casal brand. This strategic acquisition significantly expanded Nutrien’s footprint in Brazil—from five to 13 states—and bolstered its distribution capabilities for starter fertilizers and crop inputs. The deal, valued at approximately $290 million, was finalized in October 2022, and is expected to contribute an additional $400 million in annual sales, reinforcing Nutrien’s position in Latin America’s growing agricultural market
  • In August 2020, Yara East Africa launched Yara Microp, a specialized micronutrient fertilizer formulated to improve maize yields in Western Kenya. Tailored to address local soil deficiencies, Yara Microp contains a balanced blend of phosphorus, nitrogen, sulfur, and zinc, which are essential for early plant development and nutrient uptake. The fertilizer was developed based on extensive soil analysis and farmer feedback, ensuring it meets the specific agronomic needs of the region. By enhancing nutrient efficiency and supporting strong root and shoot growth, Yara Microp contributes to higher productivity and more resilient crops