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Current State of the Industry | ||
Market Size (industry trends) | ||
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Products/Services Breakdown | ||
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2024 U.S. Industry Statistics & Market Forecast - Fertilizer (Mixing Only) Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Fertilizer (Mixing Only) Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Fertilizer (Mixing Only) Manufacturing industry is influenced by several trends that can significantly impact its growth and profitability in the current and future markets. With the increasing global population and demand for food production, the industry is expected to grow steadily in the coming years.One of the notable trends is the shift towards sustainable and organic farming practices. Consumers are increasingly demanding products that are eco-friendly and chemical-free, leading to the rising use of organic and natural fertilizers. As a result, fertilizer manufacturers are exploring ways to develop products that meet the growing demand for organic fertilizers.
The industry is also influenced by technology advancements, particularly automation. With technological innovations in precision agriculture and Internet of Things (IoT), fertilizer manufacturers have an opportunity to produce highly efficient and sustainable products. Automation can also improve the precision of fertilizer mixing, leading to a reduction in production costs and increased efficiency.
Another trend is the increasing emphasis on environmental regulation and sustainability. Fertilizer manufacturers are under increasing pressure to reduce their environmental footprint and conserve natural resources. Companies are investing in new technologies and techniques that reduce emissions and effluent discharge, along with exploring new fertilizer formulas that have a minimal impact on the environment.
Finally, there is a growing trend towards vertical integration, with larger fertilizer companies acquiring smaller ones to expand production capacity and improve supply chain efficiency. This trend has led to the emergence of a few dominant players in the industry who are capable of controlling prices and exerting significant market power.
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Fertilizer (Mixing Only) Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Fertilizer (Mixing Only) Manufacturing industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Fertilizer (Mixing Only) Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 10% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
Business and Financial Operations Occupations | 6% | |||
Business Operations Specialists | 5% | |||
Architecture and Engineering Occupations | 6% | |||
Life, Physical, and Social Science Occupations | 9% | |||
Office and Administrative Support Occupations | 9% | |||
Installation, Maintenance, and Repair Occupations | 6% | |||
Other Installation, Maintenance, and Repair Occupations | 5% | |||
Production Occupations | 40% | |||
Other Production Occupations | 30% | |||
Chemical Processing Machine Setters, Operators, and Tenders | 13% | |||
Chemical Equipment Operators and Tenders | 12% | |||
Packaging and Filling Machine Operators and Tenders | 7% | |||
Packaging and Filling Machine Operators and Tenders | 7% | |||
Transportation and Material Moving Occupations | 7% | |||
Material Moving Workers | 5% |
Fertilizer (Mixing Only) Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Fertilizer (Mixing Only) Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Fertilizer (Mixing Only) Manufacturing industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Fertilizer (Mixing Only) Manufacturing industry. |
Source:
Innovation News
- Jan 29, 2024: Frit Industries trademarks "GARDEN FAVORITE" - Plant food
- Nov 02, 2023: Bio Huma Netics trademarks "CARBON-CH" - Wastewater treatment chemicals for industrial use; Chemical preparations for use in municipal and industrial wastewater treatment; Chemicals for the treatment of wastewater; Chemicals for enhanced nitrification, denitrification, and biological phosphorus removal
- Jul 17, 2023: Bio Huma Netics trademarks "HUMA+" - Chemical soil conditioners; Fertilizers for agricultural use; Soil amendments; Chemicals for the treatment of water and wastewater
- May 15, 2019: Bio Huma Netics raises $5 million in funding.
- Jun 01, 2017: Bio Huma Netics raises $5 million in funding.
- Apr 01, 2016: Bio Huma Netics raises $1 million in funding.
Recent Federal Contracts for Fertilizer (Mixing Only) Manufacturing- Mar 15, 2024: FARMERS FERTILIZER CO (Smiths Grove, KY) awarded $34,587
- Mar 06, 2024: FARM & HOME SERVICE INC (Sykesville, MD) awarded $39,446
- Feb 01, 2024: WEDGWORTH'S INC. (Belle Glade, FL) awarded $23,012
- Jan 24, 2024: PACIFIC FIBRE PRODUCTS, INC. (Canby, OR) awarded $61,114
- Jan 22, 2024: J. R. SIMPLOT COMPANY (Boise, ID) awarded $12,285
- Mar 15, 2024: FARMERS FERTILIZER CO (Smiths Grove, KY) awarded $34,587
- Mar 06, 2024: FARM & HOME SERVICE INC (Sykesville, MD) awarded $39,446
- Feb 01, 2024: WEDGWORTH'S INC. (Belle Glade, FL) awarded $23,012
- Jan 24, 2024: PACIFIC FIBRE PRODUCTS, INC. (Canby, OR) awarded $61,114
- Jan 22, 2024: J. R. SIMPLOT COMPANY (Boise, ID) awarded $12,285
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