The demand for sulfur fertilizer is gaining momentum with a wide variety of products on offer, such as sulfate, elemental sulfur, liquid sulfur, and others. With progress in key application areas such as cereals and cereals, fruits and vegetables, and oilseeds, sulfur fertilizer manufacturers are expected to generate higher revenues in the coming years.
Increasing demand for agricultural products due to urbanization and changing demographics is driving the growth of the sulfur fertilizers market.
In the past, the demand for agricultural products has remained stagnant. People were farming and growing whatever they needed to survive and little else. Nowadays, there is more demand than ever in history and it is increasing at an alarming rate. This growth stems from the growth of cities around the world that bring with them many different socioeconomic changes that result in an increased demand for food, clothing and shelter.
Most countries in the Western Hemisphere have experienced a dramatic increase in urbanization over the past century. From 2011 to 2021, the percentage of people living in cities increased from 35% to 62%. As more people migrate to cities, less land is used for agriculture and agricultural products become scarce. There are many reasons due to which people prefer to move to cities. This reduced the total cultivable land and put pressure on existing resources. As a result, the global market has started increasing pressure on farmers to meet the growing demand for agricultural produce. Accordingly, they have started using all types of fertilizers including sulfur fertilizers to meet the decreasing percentage sulfur in the soil and improve the crop yield.
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