The growing middle-class population, coupled with changes in dietary consumption in many emerging economies, will drive the fertilizer industry's growth, says this report.
The growth of the fertilizer market is driven by population growth and increasing awareness regarding food security in developing economies.
The growing population in Thailand is leading to a high demand for food. The consumers are expanding their diets, and these dietary changes are manifested in the form of increased demand for grain-intensive animal protein and dairy products.