The Calcium Nitrate Market was estimated at USD 8.81 billion in 2022 and is likely to grow at a CAGR of 5.84% during 2022-2028 to reach USD 12.39 billion in 2028.
Market Drivers:
Major factors such as rising demand for grain crops across the globe coupled with continuously reducing arable land is expected to boost the global calcium nitrate market for fertilizers. Additionally, food demand is estimated to increase prominently over the forecast period, as global population shall double by 2050.