Fertilizer Market, By Type, By Application, By Form, By Geography

Description

Fertilizer Market is estimated to be valued at USD 188.95 Bn in 2025 and is expected to reach USD 236.04 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.23% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 188.95 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2020 To 2024
Forecast Period 2025 to 2032 CAGR:	3.23%	2032 Value Projection:	USD 236.04 Bn

The global fertilizer market represents a cornerstone of modern agricultural systems, serving as a critical catalyst for food security and crop productivity worldwide. Fertilizers, encompassing nitrogen, phosphorus, potassium, and micronutrient formulations, are essential agricultural inputs that enhance soil fertility and optimize plant growth to meet the escalating global food demand.

As the world's population continues to surge toward an estimated 9.7 billion by 2050, the fertilizer industry plays an increasingly vital role in supporting sustainable agriculture and ensuring adequate food production. The market encompasses various product categories including straight fertilizers, complex fertilizers, and specialty fertilizers, each designed to address specific soil and crop requirements across diverse geographical regions.

Market Dynamics

The global fertilizer market is propelled by several key drivers that underscore its fundamental importance in modern agriculture and food security. The primary driver stems from the continuously expanding global population and the corresponding surge in food demand, necessitating enhanced agricultural productivity through optimized nutrient management. Rising disposable incomes in emerging economies are driving dietary shifts toward protein-rich foods, which require intensive crop production and subsequently increase fertilizer consumption.

Key Features of the Study

This report provides in-depth analysis of the global fertilizer market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global fertilizer market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Nutrien Ltd., Yara International ASA, CF Industries Holdings, Inc., The Mosaic Company, OCP Group, K+S AG, EuroChem Group, Taminco Corporation, Sociedad Quimica y Minera de Chile (SQM), ICL Group Ltd., BASF SE, Agrium Inc., PotashCorp, Fertecon Ltd., and Helena Agri-Enterprises, LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global fertilizer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fertilizer market

Market Segmentation

Type Insights (Revenue, USD Bn, 2020 - 2032)
- Nitrogen Fertilizers
- Phosphate Fertilizers
- Potash Fertilizers
- Compound Fertilizers
- Organic Fertilizers
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Agriculture
- Horticulture
- Gardening
- Others
Form Insights (Revenue, USD Bn, 2020 - 2032)
- Granular
- Liquid
- Powder
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Nutrien Ltd.
- Yara International ASA
- CF Industries Holdings, Inc.
- The Mosaic Company
- OCP Group
- K+S AG
- EuroChem Group
- Taminco Corporation
- Sociedad Quimica y Minera de Chile (SQM)
- ICL Group Ltd.
- BASF SE
- Agrium Inc.
- PotashCorp
- Fertecon Ltd.
- Helena Agri-Enterprises, LLC

Product Code: CMI8496

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Fertilizer Market, By Type
- Global Fertilizer Market, By Application
- Global Fertilizer Market, By Form
- Global Fertilizer Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Fertilizer Market, By Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Nitrogen Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Phosphate Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Potash Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Compound Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Organic Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Fertilizer Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Horticulture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Gardening
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Fertilizer Market, By Form, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Granular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Fertilizer Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Nutrien Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Yara International ASA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
CF Industries Holdings, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
The Mosaic Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
OCP Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
K+S AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EuroChem Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Taminco Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sociedad Quimica y Minera de Chile (SQM)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ICL Group Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Agrium Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
PotashCorp
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Fertecon Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Helena Agri-Enterprises, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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