PUBLISHER: The Business Research Company | PRODUCT CODE: 1927099
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927099
Phosphate fertilizers, chemical compounds employed for fostering the growth and development of plants through nutrient provision, are manufactured using phosphatic materials combined with other phosphatic elements.
The primary categories of phosphate fertilizers include monoammonium phosphate (MAP), diammonium phosphate (DAP), superphosphate, and other variants. Monoammonium phosphate (MAP) is a chemical compound represented by the formula NH4H2PO4. It presents as a white, crystalline powder with high solubility in water. These fertilizers are distributed through both online and offline channels and find application in various sectors such as cereals and grains, oilseeds, fruits and vegetables, along with other diverse uses.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the phosphate fertilizer market by increasing costs for imported phosphoric acid, phosphate rock, and finished fertilizers, affecting pricing across MAP, DAP, and superphosphate segments. These impacts are most pronounced in asia pacific, africa, and latin america, where agricultural production relies heavily on imported phosphate inputs. Higher tariffs have led to supply cost pressures for farmers and distributors, influencing fertilizer affordability and application rates. However, tariffs have also encouraged domestic fertilizer production, investments in local processing facilities, and improved regional supply chain resilience, supporting long term market stability.
The phosphate fertilizer market research report is one of a series of new reports from The Business Research Company that provides phosphate fertilizer market statistics, including phosphate fertilizer industry global market size, regional shares, competitors with a phosphate fertilizer market share, detailed phosphate fertilizer market segments, market trends and opportunities, and any further data you may need to thrive in the phosphate fertilizer industry. This phosphate fertilizer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The phosphate fertilizer market size has grown strongly in recent years. It will grow from $55.02 billion in 2025 to $58.09 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growth in agricultural production, increasing fertilizer consumption, expansion of cereal and grain cultivation, availability of phosphatic raw materials, government support for fertilizer use.
The phosphate fertilizer market size is expected to see strong growth in the next few years. It will grow to $74.62 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising global food demand, increasing focus on soil health, expansion of commercial farming, growing demand for high crop yields, advancements in fertilizer formulation. Major trends in the forecast period include rising demand for high efficiency phosphate fertilizers, increasing use of granular and liquid phosphate products, growing adoption of compound fertilizers with phosphate, expansion of phosphate fertilizer use in high yield crops, rising focus on balanced soil nutrient management.
The increasing demand for crop production is expected to drive the growth of the phosphate fertilizer market going forward. The increasing demand for crop production refers to the rising need to cultivate and harvest crops to meet growing global food requirements. Phosphate fertilizer is widely used in crop cultivation to supply essential nutrients, primarily phosphorus, to plants. It enhances crop quality and increases resistance to pests and diseases. For instance, in January 2025, the United States Department of Agriculture, a US-based government organization, reported that sorghum grain production in 2024 was estimated at 344 million bushels, an 8% increase compared to 2023. Therefore, the rising demand for crop production is boosting the phosphate fertilizer market.
Major companies operating in the phosphate fertilizer market are developing innovative technologies to enhance efficiency, reduce environmental impact, and improve crop yields. Phosphate fertilizer technology refers to the processes and methods used to produce, apply, and optimize phosphate fertilizers, which are essential for supplying phosphorus, a vital nutrient for plant growth and development. For instance, in March 2023, Phospholutions Inc., a US-based sustainable fertilizer startup, launched RhizoSorb, an innovative phosphate fertilizer technology designed to enhance phosphorus efficiency in agriculture. This patented additive allows farmers to reduce phosphorus applications by up to 50% without sacrificing crop yields, particularly for corn and soybeans. RhizoSorb features a unique plant-driven nutrient release mechanism that improves nutrient availability throughout the growing season and significantly reduces nutrient runoff by 58% and leaching by 84%.
In October 2025, Paradeep Phosphates Ltd., an India-based agriculture company, acquired Mangalore Chemicals & Fertilizers Ltd. for an undisclosed amount. With this acquisition, Paradeep Phosphates aims to expand its national manufacturing scale and strengthen its pan-India distribution network by integrating MCFL's capacity, regional footprint, and product capabilities. Mangalore Chemicals & Fertilizers Ltd. is an India-based producer of phosphate fertilizers, including Diammonium Phosphate (DAP) and NP 20:20:00:13.
Major companies operating in the phosphate fertilizer market are OCP SA, The Mosaic Company, PhosAgro, EuroChem Group AG, Israel Chemicals Ltd, Coromandel International Ltd, Ma'aden - Saudi Arabian Mining Company, Jordan Phosphate Mines Company PLC, Hubei Xingfa Chemicals Group Co. Ltd, Rashtriya Chemicals & Fertilizers Limited, Rama Phosphates Ltd, Shiva Global Agro Industries Ltd, Sinofert Holdings Limited, China BlueChemical Ltd, Uralchem, Acron, Itafos Inc., Foskor, Misr Phosphate Company, El Wady for Phosphate Industries and Fertilizers (WAPHCO), GUBRETAS
Asia-Pacific was the largest region in the phosphate fertilizer market in 2025. North America was the second-largest region in the global phosphate fertilizer market. The regions covered in the phosphate fertilizer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the phosphate fertilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The phosphate fertilizers market consists of the sales of ammonium phosphate, defluorinated phosphate, nitrogen, phosphorus, and potassium (NPK), and single super phosphate fertilizers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Phosphate Fertilizer Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses phosphate fertilizer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for phosphate fertilizer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The phosphate fertilizer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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