Fertilizers Market worth $281.56 billion by 2030- Exclusive Report by MarketsandMarkets™

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Feb 26, 2025, 06:55 ET

DELRAY BEACH, Fla., Feb. 26, 2025 /PRNewswire/ -- The fertilizers market is estimated at USD 230.10 billion in 2025 and is projected to reach USD 281.56 billion by 2030, at a CAGR of 4.1% from 2025 to 2030, according to a report published by MarketsandMarkets™.

The fertilizers market is driven by increasing global food demand, declining arable land, degrading soil quality, and increase in adoption of biofertilizers. Government policies and subsidies in Favor of the use of fertilizers, especially in India, China, and the US, also contribute towards market growth. Also, developments in precision agriculture, controlled-release fertilizers, and biofertilizers are enhancing nutrient efficiency and sustainability. Increased awareness of soil health management and environmental issues is also influencing the market, and thus more eco-friendly and high-efficiency fertilizers are being adopted.

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The secondary macronutrients segment holds the significant market share in the chemical fertilizers segment.

Secondary macronutrients hold a significant market share under the chemical fertilizers category because they play a vital role in enhancing soil fertility and plant growth. Calcium (Ca), magnesium (Mg), and sulfur (S) are some of the essential nutrients that play vital roles in plant growth, including enzyme activation, the production of chlorophyll, as well as the uptake of nutrients. As the intensification of farming continues to deplete these nutrients in the soil, the demand for secondary macronutrient fertilizers has greatly increased. Key players like ICL offers Nova Calcium, which is a water-soluble fertilizer that delivers readily available calcium nitrate, Nutrien offers EzyFlow Nano Magnesium which correct or prevent magnesium deficiencies across various crops, and K+S Aktiengesellschaft offers soluCN which enhances calcium intake in crops.

The fertigation segment holds significant market share in mode of application segment in fertilizers market during the forecasted period.

Fertigation holds significant market share in the mode of application segment of the fertilizers market, owing to its effectiveness in directly providing nutrients to plant roots. This application, which combines fertilizer use with irrigation systems, delivers precise amounts of nutrients, limiting wastage and increasing uptake. Fertigation using drip and sprinkler irrigation is practiced on a large scale in areas that experience water shortages because it conserves water and fertilizers and maximizes crop yield. The increasing use of precision agriculture and high-value crops, including vegetables, fruits, and greenhouse production, has increased the demand for fertigation.

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Based on region, North America holds significant share in the fertilizers market.

North America holds significant market share in the global fertilizers market because of large-scale commercial agriculture, advanced agri-tech, and extensive application of fertilizers. The US and Canada are the major players, with intensive production of wheat, corn, and soybeans, which require continuous nutrient delivery. The area is serviced by advanced fertilizer distribution systems, precision farming techniques, and strong government support for agricultural productivity. The increasing adoption of controlled-release fertilizers, biofertilizers, and fertigation systems has further solidified North America's market dominance. Innovation in soil health management and sustainability programs is also driving demand for high-efficiency fertilizers and micronutrient-dosed formulations. With yield maximization and nutrient utilization in focus, North America continues to be a leader in the global fertilizers market.

The report profiles key players such as ICL (Israel), Yara (Norway), K+S Aktiengesellschaft (Germany), Nutrien (Canada), Mosaic (US), CF Industries Holdings, Inc. (US) , Grupa Azoty (Poland), SQM S.A. (Chile), OCP (Morocco), Syngenta Group (Switzerland), Saudi Basic Industries Corporation (Saudi Arabia), Koch IP Holdings, LLC (US), Haifa Negev technologies LTD (Israel), EuroChem Group (Switzerland), and Lallemand Inc (Canada).

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Browse Adjacent Reports @ Agriculture Industry Market Research Reports & Consulting

Related Reports:

Controlled-release Fertilizers Market by Type (Slow Release, Coated and Encapsulated, Nitrogen Stabilizers), End Use (Agricultural and Non-Agricultural), Mode of Application (Foliar, Fertigation, Soil) and Region - Global Forecast to 2029

Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028

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