India SSP Market: Introduction
Transparency Market Research delivers key insights on the SSP market in India. In terms of revenue, the SSP market in India is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the SSP market in India.
The SSP market in India is broadly affected by several factors, including growth of the agricultural sector in the country. Increase in applications of SSP in the agriculture sector in India is propelling the SSP market in the country.
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India SSP Market: Dynamics
SSP is extensively used for agricultural production in India. Growth in annual food requirement in India is a key factor that is likely to boost the production of agricultural products in the country. Rise in production of various agri-crops across the country is expected to propel the consumption of low-cost fertilizers such as SSP in India. The presence of governmental schemes to boost production of agricultural products is estimated to augment the production and consumption of SSP across the country.
Increase in population and rise in demand for food across the country are estimated to boost the production of crops in India. However, rapid urbanization is anticipated to hamper the availability of arable land in various states of the country.
SSP plays an...
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