Global Phosphoric Fertilizer Market Size Study & Forecast, by Product, Application and Regional Forecasts 2025-2035

Description

The Global Phosphoric Fertilizer Market is valued at approximately USD 69.68 billion in 2024 and is anticipated to grow with a remarkable CAGR of 5.90% over the forecast period 2025-2035. Phosphoric fertilizers, derived primarily from phosphate rock, play a pivotal role in enhancing root development, crop maturity, and energy transfer within plants-making them indispensable to modern agricultural practices. Amidst the rapidly growing demand for high-yield crops and food security concerns, these fertilizers are increasingly being leveraged by farmers globally. The market is experiencing a structural transformation as integrated nutrient management systems and precision farming initiatives drive the adoption of tailored phosphate applications. Moreover, phosphoric fertilizers are not only favored for their efficiency but are also critical for optimizing the productivity of cereals, oilseeds, and vegetable crops across a wide range of agro-climatic zones.

The escalating consumption of Diammonium Phosphate (DAP) and Monoammonium Phosphate (MAP) across high-output regions underscores a shift towards balanced NPK fertilization. As nations grapple with depleting arable land and intensifying climate pressures, the significance of efficient phosphate nutrient delivery systems has surged. With innovations enabling the controlled release and targeted delivery of phosphates, the market is witnessing a surge in demand for products like Triple Superphosphate (TSP) and Single Superphosphate (SSP). These are particularly well-suited for specific crop cycles and soil types, giving farmers an edge in terms of both cost-efficiency and output. Meanwhile, growing governmental focus on sustainable soil fertility and crop nutrition policies has stimulated the demand for advanced phosphatic blends and bio-integrated fertilizer products.

From a regional perspective, North America continues to command a notable share in the phosphoric fertilizer market, thanks to its robust corn and soybean production and highly mechanized farming sector. Europe, with its stringent environmental and fertilization regulations, is progressively shifting towards sustainable phosphate alternatives and enhanced efficiency formulations. However, it is Asia Pacific that is poised to dominate in terms of growth rate, as countries like India and China ramp up agricultural output to feed expanding populations. Government-backed subsidy programs for phosphate fertilizers in these economies, coupled with increasing demand for diversified crops, are amplifying market prospects. Latin America, particularly Brazil and Argentina, is showing strong adoption fueled by booming grain exports and extensive soybean farming. Additionally, African countries, supported by global food aid and agricultural development projects, are beginning to reflect incremental growth in phosphate fertilizer consumption.

Major market player included in this report are:

Yara International ASA
Nutrien Ltd.
The Mosaic Company
ICL Group
EuroChem Group AG
OCP Group
PhosAgro
CF Industries Holdings, Inc.
Coromandel International Ltd.
Indian Farmers Fertiliser Cooperative Limited (IFFCO)
Haifa Group
Groupe Chimique Tunisien
UralChem
Gujarat State Fertilizers & Chemicals Ltd.
HELM AG

Global Phosphoric Fertilizer Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Product:

Monoammonium Phosphate (MAP)
Diammonium Phosphate (DAP)
Single Superphosphate (SSP)
Triple Superphosphate (TSP)
Others

By Application:

Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Phosphoric Fertilizer Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top-Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Phosphoric Fertilizer Market Forces Analysis

3.1. Market Forces Shaping The Global Phosphoric Fertilizer Market (2024-2035)
3.2. Drivers
- 3.2.1. Rising Global Food Demand Driving Phosphate Consumption
- 3.2.2. Governmental Subsidies and Policies Supporting Fertilizer Use
3.3. Restraints
- 3.3.1. Environmental Concerns over Phosphate Runoff and Eutrophication
- 3.3.2. Price Volatility of Phosphate Rock Affecting Production Costs
3.4. Opportunities
- 3.4.1. Adoption of Precision Agriculture and Controlled-Release Formulations
- 3.4.2. Expansion into Emerging Markets with Increasing Arable Fertilizer Demand

Chapter 4. Global Phosphoric Fertilizer Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Phosphoric Fertilizer Market Size & Forecasts by Product 2025-2035

5.1. Market Overview
5.2. Global Phosphoric Fertilizer Market Performance - Potential Analysis (2025)
5.3. Monoammonium Phosphate (MAP)
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Diammonium Phosphate (DAP)
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Single Superphosphate (SSP)
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035
5.6. Triple Superphosphate (TSP)
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market Size Analysis, by Region, 2025-2035
5.7. Others
- 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.7.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Phosphoric Fertilizer Market Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global Phosphoric Fertilizer Market Performance - Potential Analysis (2025)
6.3. Cereals & Grains
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. Oilseeds & Pulses
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market Size Analysis, by Region, 2025-2035
6.5. Fruits & Vegetables
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market Size Analysis, by Region, 2025-2035
6.6. Others
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Phosphoric Fertilizer Market Size & Forecasts by Region 2025-2035

7.1. Phosphoric Fertilizer Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Phosphoric Fertilizer Market
- 7.3.1. U.S. Phosphoric Fertilizer Market
  - 7.3.1.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.3.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.3.2. Canada Phosphoric Fertilizer Market
  - 7.3.2.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.3.2.2. Application Breakdown Size & Forecasts, 2025-2035
7.4. Europe Phosphoric Fertilizer Market
- 7.4.1. UK Phosphoric Fertilizer Market
  - 7.4.1.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.2. Germany Phosphoric Fertilizer Market
  - 7.4.2.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.3. France Phosphoric Fertilizer Market
  - 7.4.3.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.4. Spain Phosphoric Fertilizer Market
  - 7.4.4.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.4.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.5. Italy Phosphoric Fertilizer Market
  - 7.4.5.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.5.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.4.6. Rest of Europe Phosphoric Fertilizer Market
  - 7.4.6.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.4.6.2. Application Breakdown Size & Forecasts, 2025-2035
7.5. Asia Pacific Phosphoric Fertilizer Market
- 7.5.1. China Phosphoric Fertilizer Market
  - 7.5.1.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.2. India Phosphoric Fertilizer Market
  - 7.5.2.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.3. Japan Phosphoric Fertilizer Market
  - 7.5.3.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.4. Australia Phosphoric Fertilizer Market
  - 7.5.4.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.4.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.5. South Korea Phosphoric Fertilizer Market
  - 7.5.5.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.5.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.5.6. Rest of APAC Phosphoric Fertilizer Market
  - 7.5.6.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.5.6.2. Application Breakdown Size & Forecasts, 2025-2035
7.6. Latin America Phosphoric Fertilizer Market
- 7.6.1. Brazil Phosphoric Fertilizer Market
  - 7.6.1.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.6.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.6.2. Mexico Phosphoric Fertilizer Market
  - 7.6.2.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.6.2.2. Application Breakdown Size & Forecasts, 2025-2035
7.7. Middle East & Africa Phosphoric Fertilizer Market
- 7.7.1. UAE Phosphoric Fertilizer Market
  - 7.7.1.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.7.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.2. Saudi Arabia Phosphoric Fertilizer Market
  - 7.7.2.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.7.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 7.7.3. South Africa Phosphoric Fertilizer Market
  - 7.7.3.1. Product Breakdown Size & Forecasts, 2025-2035
  - 7.7.3.2. Application Breakdown Size & Forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Yara International ASA
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Nutrien Ltd.
8.4. The Mosaic Company
8.5. ICL Group
8.6. EuroChem Group AG
8.7. OCP Group
8.8. PhosAgro
8.9. CF Industries Holdings, Inc.
8.10. Coromandel International Ltd.
8.11. Indian Farmers Fertiliser Cooperative Limited (IFFCO)