The global Fertilizers Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Micronutrients, Nitrogenous, Phosphatic, Potassic, Secondary Macronutrients), By Form (Conventional, Speciality), By Application (Fertigation, Foliar, Soil), By Crop (Field Crops, Horticultural Crops, Turf & Ornamental).
The fertilizers market is undergoing significant transformations influenced by shifting agricultural practices, changing dietary preferences, and environmental sustainability concerns. With the global population expected to surpass 9 billion by 2050, there's a pressing need to increase food production while minimizing environmental impact. Fertilizers play a crucial role in enhancing soil fertility, improving crop yields, and ensuring food security. However, the indiscriminate use of fertilizers has led to soil degradation, water pollution, and greenhouse gas emissions, prompting a shift towards more sustainable fertilizer formulations and application practices. This has led to increased demand for specialty fertilizers, organic fertilizers, and slow-release fertilizers that offer enhanced nutrient efficiency and minimize environmental footprint. Moreover, advancements in fertilizer production technologies, such as nitrogen fixation, phosphorus recycling, and micronutrient encapsulation, are driving innovation in the fertilizer industry, enabling manufacturers to develop customized solutions tailored to specific crop and soil requirements. Furthermore, the adoption of precision agriculture techniques, including soil testing, nutrient mapping, and variable rate application, is optimizing fertilizer use efficiency and reducing input costs for farmers. Collaboration between fertilizer manufacturers, agronomists, and policymakers is essential to promote sustainable fertilizer practices, address nutrient management challenges, and achieve long-term agricultural sustainability.
The market report analyses the leading companies in the industry including CF Industries Holdings Inc, COMPO Expert GmbH, Coromandel International Ltd, Haifa Group, Indian Farmers Fertiliser Cooperative Ltd (IFFCO), Israel Chemicals Ltd (ICL Group), Nutrien Ltd, Sociedad Química y Minera de Chile S.A. (SQM), The Mosaic Company, Yara International ASA.
A prominent trend in the fertilizers market is the shift towards sustainable and specialty fertilizers. With increasing concerns about environmental sustainability and soil health, there is growing demand for fertilizers that offer targeted nutrient delivery, reduced environmental impact, and improved crop efficiency. Specialty fertilizers, including slow-release fertilizers, micronutrient fertilizers, and bio-based fertilizers, are gaining popularity among farmers seeking customized solutions to optimize nutrient uptake, minimize nutrient loss, and enhance crop yield and quality. This trend is driven by the need for sustainable agricultural practices, regulatory pressure to reduce nutrient runoff and pollution, and consumer demand for food produced with environmentally friendly inputs.
A key driver in the fertilizers market is the growing global population and food demand. As the world's population continues to increase, there is a corresponding rise in the demand for agricultural products to feed the growing population. Fertilizers play a crucial role in modern agriculture by providing essential nutrients to crops, thereby improving soil fertility, increasing crop yields, and ensuring food security. With limited arable land available for cultivation, farmers are increasingly relying on fertilizers to maximize agricultural productivity and meet the rising demand for food, feed, and fiber. The need to sustainably intensify agricultural production to feed a growing population is a significant driver of fertilizer consumption worldwide.
An opportunity within the fertilizers market lies in the development of enhanced nutrient management solutions and precision agriculture technologies. Manufacturers and innovators have the opportunity to capitalize on the growing demand for fertilizers by developing innovative products and technologies that offer improved nutrient efficiency, reduced environmental impact, and enhanced crop performance. This includes the development of next-generation fertilizers with enhanced nutrient release mechanisms, advanced formulations tailored to specific crop and soil conditions, and integrated nutrient management systems that combine fertilization with digital farming tools and data analytics. By investing in research and development and offering innovative solutions that address the evolving needs of farmers and regulatory requirements, companies can position themselves for growth and differentiation in the competitive fertilizers market.
The largest segment in the Fertilizers Market is the Nitrogenous fertilizers segment. Nitrogenous fertilizers account for the largest share of global fertilizer consumption. nitrogen is an essential nutrient required for plant growth, as it plays a crucial role in various physiological processes such as photosynthesis, protein synthesis, and overall plant development. Further, nitrogen deficiency is a common issue in many soils worldwide, necessitating the application of nitrogenous fertilizers to replenish soil nitrogen levels and support healthy plant growth. In addition, nitrogenous fertilizers are versatile and can be used across a wide range of crops, including grains, cereals, oilseeds, fruits, vegetables, and legumes. This widespread applicability makes nitrogenous fertilizers indispensable inputs in modern agricultural production systems. Further, nitrogenous fertilizers come in various forms such as urea, ammonium nitrate, ammonium sulfate, and urea ammonium nitrate (UAN), providing flexibility to farmers in choosing the most suitable fertilizer type based on crop requirements, soil conditions, and climate. Additionally, nitrogenous fertilizers are often preferred for their relatively low cost and immediate impact on crop growth, making them popular choices among farmers aiming to maximize yields and optimize crop nutrition. Over the forecast period, the combination of essential plant nutrient requirements, widespread crop applicability, versatility, and cost-effectiveness solidifies the Nitrogenous fertilizers segment as the largest in the Fertilizers Market.
The fastest-growing segment in the Fertilizers Market is the Specialty fertilizers segment. There is an increasing focus on precision agriculture and sustainable farming practices globally, driving demand for fertilizers that offer targeted nutrient delivery, improved nutrient use efficiency, and reduced environmental impact. Specialty fertilizers are formulated to meet specific crop needs, soil conditions, and agronomic requirements, offering customized nutrient solutions tailored to optimize crop performance and yield. Further, specialty fertilizers often contain enhanced nutrient formulations, micronutrients, biostimulants, or soil conditioners that go beyond conventional fertilizers' basic nutrient compositions. These value-added features provide additional benefits such as enhanced nutrient uptake, stress tolerance, and overall plant health, contributing to improved crop quality, yield, and profitability. In addition, specialty fertilizers cater to niche markets and high-value crops such as fruits, vegetables, ornamentals, turf, and specialty crops, where growers are willing to invest in premium inputs to maximize returns and meet stringent quality standards. Additionally, regulatory pressures, consumer preferences for sustainably produced food, and environmental concerns about nutrient runoff and water pollution further drive the adoption of specialty fertilizers, as they offer more precise and environmentally friendly nutrient management solutions compared to conventional fertilizers. Over the forecast period, the combination of tailored nutrient formulations, enhanced performance attributes, and growing demand for sustainable agriculture practices positions the Specialty fertilizers segment as the fastest-growing in the Fertilizers Market.
The fastest-growing segment in the Fertilizers Market is the Fertigation segment. There is a growing trend towards precision agriculture and efficient nutrient management practices, driving the adoption of fertigation systems worldwide. Fertigation involves the precise application of fertilizers through irrigation water, allowing for targeted nutrient delivery directly to the root zone of plants. This method offers potential advantages over traditional soil application or foliar spraying, including improved nutrient efficiency, reduced fertilizer wastage, and enhanced crop uptake of nutrients. Further, fertigation systems enable growers to optimize crop nutrition and irrigation scheduling based on real-time data, soil moisture levels, and crop requirements, resulting in higher yields, better crop quality, and reduced environmental impact. In addition, fertigation is particularly well-suited for high-value crops such as fruits, vegetables, and specialty crops, where precise nutrient management is critical for maximizing returns and meeting market demands for quality and consistency. Additionally, advancements in fertigation technologies, such as drip irrigation, micro-irrigation, and computerized control systems, have made fertigation more accessible, efficient, and cost-effective for farmers of all scales and regions. Further, fertigation offers flexibility in nutrient application timing, allowing for adjustments throughout the growing season to address changing crop needs, weather conditions, and agronomic factors. As growers increasingly recognize the benefits of fertigation in optimizing crop productivity, resource efficiency, and sustainability, the demand for fertigation systems and fertilizers tailored for fertigation use is expected to experience rapid growth, solidifying the Fertigation segment as the fastest-growing in the Fertilizers Market.
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
Regions Included
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
CF Industries Holdings Inc
COMPO Expert GmbH
Coromandel International Ltd
Haifa Group
Indian Farmers Fertiliser Cooperative Ltd (IFFCO)
Israel Chemicals Ltd (ICL Group)
Nutrien Ltd
Sociedad Química y Minera de Chile S.A. (SQM)
The Mosaic Company
Yara International ASA
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2025 Fertilizers Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Fertilizers Market Size Outlook, $ Million, 2021 to 2034
3.2 Fertilizers Market Outlook by Type, $ Million, 2021 to 2034
3.3 Fertilizers Market Outlook by Product, $ Million, 2021 to 2034
3.4 Fertilizers Market Outlook by Application, $ Million, 2021 to 2034
3.5 Fertilizers Market Outlook by Key Countries, $ Million, 2021 to 2034
4 Market Dynamics
4.1 Key Driving Forces of Fertilizers Industry
4.2 Key Market Trends in Fertilizers Industry
4.3 Potential Opportunities in Fertilizers Industry
4.4 Key Challenges in Fertilizers Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Fertilizers Market Share by Company (%), 2025
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Fertilizers Market Outlook by Segments
7.1 Fertilizers Market Outlook by Segments, $ Million, 2021- 2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
8 North America Fertilizers Market Analysis and Outlook To 2034
8.1 Introduction to North America Fertilizers Markets in 2024
8.2 North America Fertilizers Market Size Outlook by Country, 2021-2034
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Fertilizers Market size Outlook by Segments, 2021-2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
9 Europe Fertilizers Market Analysis and Outlook To 2034
9.1 Introduction to Europe Fertilizers Markets in 2024
9.2 Europe Fertilizers Market Size Outlook by Country, 2021-2034
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Fertilizers Market Size Outlook by Segments, 2021-2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
10 Asia Pacific Fertilizers Market Analysis and Outlook To 2034
10.1 Introduction to Asia Pacific Fertilizers Markets in 2024
10.2 Asia Pacific Fertilizers Market Size Outlook by Country, 2021-2034
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Fertilizers Market size Outlook by Segments, 2021-2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
11 South America Fertilizers Market Analysis and Outlook To 2034
11.1 Introduction to South America Fertilizers Markets in 2024
11.2 South America Fertilizers Market Size Outlook by Country, 2021-2034
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Fertilizers Market size Outlook by Segments, 2021-2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
12 Middle East and Africa Fertilizers Market Analysis and Outlook To 2034
12.1 Introduction to Middle East and Africa Fertilizers Markets in 2024
12.2 Middle East and Africa Fertilizers Market Size Outlook by Country, 2021-2034
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Fertilizers Market size Outlook by Segments, 2021-2034
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
CF Industries Holdings Inc
COMPO Expert GmbH
Coromandel International Ltd
Haifa Group
Indian Farmers Fertiliser Cooperative Ltd (IFFCO)
Israel Chemicals Ltd (ICL Group)
Nutrien Ltd
Sociedad Química y Minera de Chile S.A. (SQM)
The Mosaic Company
Yara International ASA
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Micronutrients
Nitrogenous
Phosphatic
Potassic
Secondary Macronutrients
By Form
Conventional
Speciality
-CRF
-Liquid Fertilizer
-SRF
-Water Soluble
By Application
Fertigation
Foliar
Soil
By Crop
Field Crops
Horticultural Crops
Turf & Ornamental
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
The Global Fertilizers Market Size is estimated at $367.5 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 6.5% to reach $647.8 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
CF Industries Holdings Inc, COMPO Expert GmbH, Coromandel International Ltd, Haifa Group, Indian Farmers Fertiliser Cooperative Ltd (IFFCO), Israel Chemicals Ltd (ICL Group), Nutrien Ltd, Sociedad QuÃmica y Minera de Chile S.A. (SQM), The Mosaic Company, Yara International ASA
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume