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Ammonium Sulfate Market

Ammonium Sulfate Market

Ammonium Sulfate Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Ammonium Sulfate Market
FACT4544MR

Demand for Ammonium Sulfate to Soar with Rampant Adoption in Food Additives and Pharmaceuticals

The neutralizing effect of ammonium sulfate when administered in soil will aid the demand generation for ammonium sulfate during the forecast period (2019 – 2029). The product is increasingly being used in pharmaceuticals and food additive industries. It is also garnering positive acknowledgement from statutory bodies such as the US Food and Drug Administration (USFDA).

Ammonium Sulfate reduces pH levels, and acts as a conditioner and strengthening agent in bakery products. Owing to increasing expenditure on vaccination, ammonium sulfate, a cleaning agent used in the process, will witness increasing demand from pharmaceuticals.

Fertilizers- Key Application Area

Fertilizer is the largest application segment for ammonium sulfate. It employs more than 74% of the total market share. Alternative nitrate-based fertilizers can cause denitrification and leaching of the soil. Hence, farmers worldwide are selecting ammonium sulfate based fertilizers since the compound contains necessary levels of nitrogenous elements along with protein synthesis catalyst sulfur.

Food & Feed additive segment is second in terms of market share with over 14% share in 2019. However, pharmaceuticals offer the most lucrative growth opportunity with a healthy CAGR during the forecast period.

Southeast Asia & Oceania Bolster Growth

Southeast Asia & Oceania lead the market with more than 1/4th of the total market value. Developing economies in this region are witnessing rapid surge in food consumption which ripples down to an increase in agricultural production and the need for more ammonium sulfate.

Europe and North America collectively account for more than 1/3rd of the market. Restrictions imposed on the use of nitrates by the European Union acts as a driver for ammonium sulfate demand in this region. The European Environment Agency estimates that more than 1/3rd of the total land area in Europe is employed for agricultural production which need sustainable fertilizers such as ammonium sulfate.

ammonium sulfate market regional opportunity

Expansion of Global Footprint Molds Competitive Landscape

Competitive landscape in ammonium sulfate market is defined by regulatory approval processes, difference of product specification, pricing, product grade, and production technology. Market players are focused on forging strategic relationships that ensures regular demand. Key manufacturers are invested in research and development of novel uses of ammonium sulfate in un-explored territories such as air purification and wastewater treatment.

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Global Ammonium Sulfate Market: In-Depth Assessment on Key Segments

The global ammonium sulfate market is segmented on the basis of form, application and region.

Form

  • Solid
  • Liquid

Application

  • Fertilizers
  • Pharmaceuticals
  • Food & Feed Additives
  • Water Treatment
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.

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