Ammonium Sulfate Procurement Research – Market Trends and Spend Analysis by SpendEdge

March 5, 2018

LONDON–(BUSINESS WIRE)–#ammoniumsulfate–Global procurement intelligence advisory firm, SpendEdge,
has announced the release of their ‘Ammonium
Sulfate Market Procurement Research Report.’ The insights and
data in this report provide a strategic analysis of the supply markets,
factors influencing purchasing decisions, procurement best practices,
pricing models, supplier landscape, and an analysis of the supplier
capability matrix for the chemicals
industry. This report breaks down the data and analysis behind
the procurement of ammonium sulfate and acts as an all-inclusive guide
for making smart purchasing decisions.

“The global demand for ammonium sulfate is expected to grow during
the forecast period owing to the increasing demand from end-user
industries such as agriculture, pharmaceuticals, and food and beverage,”
says SpendEdge procurement analyst Anil Seth. “The leading suppliers of
ammonium sulfate are increasingly focusing on differentiating their
product and service offerings from competitors by offering innovative
products and value-added services,” added Anil.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global Ammonium
Sulfate Market:

The rise in offerings of grower support services
Growing adoption of bio-fertilizers
Increasing focus on rationalizing fertilizer subsidies

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The rise in offerings of grower support services:

Several leading suppliers are increasingly offering grower support
services that include assistance in the selection of suitable grade of
fertilizers and soil testing services for agriculturists. Such offerings
help suppliers enhance their relationship with buyers, which
subsequently aids them in increasing their revenue. Additionally, the
suppliers are offering technical support to farmers, which helps in the
adoption of precision farming practices. These grower support services
also help in optimizing fertilizer application and cultivation
practices, which in turn reduces overall procurement and cultivation
costs while enhancing productivity.

Growing adoption of bio-fertilizers:

There is an increase in the adoption of bio-fertilizers owing to several
factors such as the rise in environmental concerns due to the use of
sulfur-based fertilizers and the shifting preference of end-consumers
toward organic food grains that are cultivated using natural fertilizers
such as vermicompost and fish emulsion fertilizer. This is mainly
because organic food grains cultivated using natural fertilizers are
devoid of any harmful chemicals.

Increasing focus on rationalizing fertilizer subsidies:

Governments across the world, especially in emerging countries, are
steadily rationalizing the subsidies given to farmers for the
procurement of fertilizers, including ammonium sulfate. The growing
focus on rationalizing fertilizer subsidies is primarily driven by an
increasing need to control government spend and budget deficits.

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