Yuanzhe Consulting predicts that the Southeast Asia fertilizer market will maintain steady growth in 2024. This article analyzes the overview of the major fertilizer markets in Southeast Asia: Myanmar fertilizer market, Philippines fertilizer market, Indonesian fertilizer market, Vietnam fertilizer market, and Thailand fertilizer market.
The Southeast Asian fertilizer market is expected to grow at a CAGR of 5.4% from 2022 to 2028, according to a new report by CRI Report. The growth of the market is being driven by the rising demand for food, increasing government support for the agricultural sector, and growing adoption of modern farming practices.