Fertilizer Market By Type (Chemical Fertilizers, Organic Fertilizers, Biofertilizers, Liquid Fertilizers, Water-Soluble Fertilizers, Nano Fertilizers, Customized Fertilizers), By Nutrient Content (Single Nutrient Fertilizers, Multi-Nutrient Fertilizers, Micronutrient Fertilizers, Secondary Nutrient Fertilizers), By Form (Granular, Powder, Liquid, Pellet, Crystalline, Gaseous), By Crop Type (Fruits & Vegetables, Oilseeds & Pulses, Commercial Crops, Plantation Crops, Turf & Ornamental Plants, Others), By Mode of Application (Broadcasting, Foliar Spray, Fertigation, Deep Placement, Aerial Application, Seed Treatment, Soil Injection), and By End User (Commercial Farmers, Smallholder Farmers, Greenhouse Growers, Organic Farm Operators, Urban Gardeners, Government Agricultural Programs), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

---

What trends will shape Fertilizer Market in the coming years?

The Fertilizer Market accounted for USD 184.93 Billion in 2024 and USD 191.37 Billion in 2025 is expected to reach USD 269.42 Billion by 2035, growing at a CAGR of around 3.48% between 2025 and 2035. The fertiliser market is the international sphere of activity related to the development, supply, and marketing of fertilisers aimed at enriching the soil and increasing agricultural productivity. It contains different forms of fertilisers, which include nitrogen-based, phosphate-based, potash, and organic. Industry participants in this market are chemical manufacturers, agricultural cooperatives, and distributors. Demand is motivated by the growing population in the world, growing food demands, and the desire to have a higher crop output. Environmental regulations, raw material supply, and enhanced technologies of green farming also affect the market.

What do industry experts say about the Fertilizer market trends?

“The 4R framework—right source, rate, time, and place—offers a science‑based nutrient stewardship approach that improves yield, soil health, and reduces environmental losses.”

• Dr. Cynthia A. Grant, PhD, Soil Fertility & Crop Nutrition Expert, Agriculture and Agri-Food Canada

“I study phosphorus cycling in soils and water to minimize fertilizer losses. Optimizing phosphorus application helps prevent eutrophication and balance plant nutrition without environmental harm.”

• Dr. Barbara Cade‑Menun, PhD, Research Scientist, Agriculture & Agri‑Food Canada

Which segments and geographies does the report analyze?

What are the key drivers and challenges shaping the Fertilizer market?

How does population growth influence agricultural expansion and fertilizer demand?

The issues of fertilisers and associated hygienic products are directly linked to population growth, which has caused expansion of agricultural activities in fulfilling the current food demand. The Food and Agriculture Organisation (FAO) observes that the world consumed more than 200 million tonnes of fertiliser in 2021 as a sign of an agricultural regime that is becoming more intense. Farms are getting bigger, and there is more and more mechanization, and the cleanliness and sanitation with regard to agricultural production are growing in necessity.

The USDA documents that fertiliser applied has gradually increased over the last 20 years in the U.S., and this has been associated with increasing crop production. This boosts the demand for wipes that are utilised in cleaning the equipment, handling chemicals, and maintaining hygiene among the workers. Use of protective materials on farms is also on the rise, as stated by the National Agricultural Statistics Service (NASS). The agricultural intensification brought about by population is therefore one of the important factors that promote the wipes market.

Why does rising food consumption increase fertilizer utilization globally?

Increased consumption of food leads to more use of fertilisers in the world. To achieve higher food production, more food has to be produced on limited arable land. The Food and Agriculture Organisation (FAO) provides the data that the amount of fertilisers used all over the world rose to 201 million tonnes and more in 2020 (previously, 146 million tonnes in 2000) because of the intensification of agriculture. The more people want to eat cereals, fruits, and vegetables, the more farmers use nitrogen, phosphorus, and potassium to keep the soil fertile and increase productivity.

To increase grain yield, the Indian Ministry of Agriculture said the number of tonnes of fertilisers used went up to more than 27 million tonnes by 2020, compared to 16.8 million tonnes in 2000. In the same fashion, China is the biggest consumer of fertilisers, with a share of about one-third of the world total in 2019 (FAOSTAT). Such an increase in input is vital to maintain the current levels of food consumption without the growth of farmlands. Therefore, the increasing food demand is directly linked to the increased use of fertilisers in the world.

What challenges arise from fluctuating raw material prices?

The wipes business also depends heavily on the fluctuation of raw cotton prices, which are driven by the government through the Minimum Support Price (MSP). In the 2025–26 crop year, the Government of India has increased the MSP of medium-staple cotton to 7710 per quintal and long-staple cotton to 8110 per quintal, which is almost 12% higher than the previous crop year (Government of India, Ministry of Agriculture, 2025). The availability has been tightened as domestic cotton production has decreased to around 294 lakh bales in 2024-25 against around 325 lakh bales in the previous year (Cotton Advisory Board, 2025).

Cotton Corporation of India purchased more than 100 lakh bales of cotton to boost the farmers to stabilise the prices (Ministry of Textiles, 2025). Meanwhile, declining production levels and cotton supplies, as well as erratic world prices of pulp, make cost estimation of wipe manufacturers difficult, because they need to strike a balance between the cheaper input and consumer price elasticity. Such an environment forces companies to seek alternative fibre blends as well as multiple suppliers to provide resiliency in supply chains to achieve margin and supply chain sustainability.

Why is government support aiding innovation in eco-friendly fertilizers?

The role of government is vital in promoting innovation related to eco-friendly fertilisers, whereby they can finance investigations, provide subsidies, and come up with regulations that will promote environmentally friendly agricultural policies. An example shows that the U.S. Department of Agriculture (USDA) has spent more than one hundred million dollars each year in the form of sustainable fertiliser development with an aim of minimising environmental load. This support assists in coming up with environmentally friendly and nutritionally efficient products that are comparable to the demands of the world's environmental agenda.

Equally, the European Common Agricultural Policy also engulfs a lot of financial resources to take the initiative of the EC-friendly farming inputs because of the lessening of chemical runoff and soil degradation. This state-controlled innovation leads to safer alternatives, and this aspect parallels the situation in the wipes market, where environmentally friendly products are becoming popular as such due to increased environmental awareness. The government should support green technology development since it is the best move to overcome ecological destruction and fulfill the consumer demand for sustainable products, which leads to growth in the market.

What impact does digital agriculture have on nutrient application precision?

The level of the accuracy of nutrient use is very important in digital agriculture, where GPS, sensors, and data analytics are embraced to streamline the use of fertiliser. This accuracy minimises wastage, decreases the use of the environment, and enhances the efficiency of crop yield. As the Economic Research Service of the USDA puts it, efficient use of fertilisers through precision nutrient management may save you 20% of the use of fertilisers and lessen runoff pollution. Further, the University of Nebraska study indicates that application of nutrients based on site can reduce the amount of lost nitrogen by 15-30%.

In the case of the wipes market, this development translates into the fact that more agricultural wipes that can be utilised in activities such as cleaning sensors and maintenance of equipment will be required to ensure that farming is sustainable. The increasing use of digital tools by farmers means expanding the market for wipes to clean the technologies introduced to the process. This synergy also lends more weight to the idea of digital agriculture boosting environmental sustainability and economic empowerment.

What are the key market segments in the Fertilizer industry?

Based on the product type, the Fertilizer Market has been classified into Chemical Fertilizers, Organic Fertilizers, Biofertilizers, Liquid Fertilizers, Water-Soluble Fertilizers, Nano Fertilizers, and Customized Fertilizers. The chemical fertiliser category is the most eminent and prevailing in the international fertiliser market. This is mainly because of its high accessibility, affordability, and the fact that it makes readily available the important crop nutrients such as nitrogen, phosphorus, and potassium found in concentrated forms that directly increase crop yields. Large amounts of chemical fertiliser have been applied over the past decades to support intensive agriculture and massive agriculture globally. They release nutrients quickly and contain high amounts of nutrients, thus making them the desirable pick by farmers wanting to attain high and fast productivity. Since there is an increasing demand for organic and biofertilisers, chemical fertilisers still have the largest market volume and value.

Based on the Nutrient Content, the Fertilizer Market has been classified into Single Nutrient Fertilizers, Multi-Nutrient Fertilizers, Micronutrient Fertilizers, and Secondary Nutrient Fertilizers. The multi-nutrient fertilisers are the largest and most prominent in the fertiliser market. The fertiliser contains two or more essential nutrients like nitrogen, phosphorus, and potassium in a single product, thus providing balanced nutrition that promotes the general health and the yield of a crop. Their ease of use and effectiveness in adding several nutrients in a single application make them very popular with farmers, and there is no necessity to apply several applications. The combination of high nutrient use efficiency and crop productivity implies high demand in developed agricultural markets and emerging agricultural markets. Thus, fertilisers with multiple nutrients occupy the dominant position in the market by volume and value.

Which regions are leading the Fertilizer market, and why?

The North American fertiliser market dominates the world where fertiliser is concerned, owing to high finished development in its agricultural sector and also a heavy tech infrastructure. The United States and Canada possess tremendously large amounts of arable land, and they are large producers of crops like corn, soybeans, and wheat that require consistency and efficiency in applying fertilisers. The area enjoys the sophisticated practice of farming, the extensive application of precision farming, and the high usage of highly efficient fertilisers.

Sustainable use of fertiliser is promoted by high R&D investments and government programs that nurture and promote the same. The distribution networks in North America to reach consumers are long established, and there is availability of raw materials, mainly natural gas, to make nitrogen-based fertilisers, which further consolidates their market power. Moreover, the emphasis that this region has given to raising the yields of crops to supply the local markets and other countries also promotes its dominance in the entire world as a consequence of fertilisers.

The Asia Pacific fertiliser market is led by its vast agricultural land, population growth, and a population that eats more. The agriculturally dependent countries, such as China and India, consume a lot of fertiliser in the hope of increasing their crop production to secure their food supply. The area receives government subsidies, favourable policies, and continuous modernisation of the farming processes. Growth is also due to rapid industrialisation and technological improvements in the production of fertilisers. Climatic conditions help in farming all year round since a very good spectrum of these environmental conditions exists, resulting in the upsurge of both organic and inorganic fertiliser demands. Asia Pacific enjoys better production capabilities and well-distributed systems, hence the dominance in the market.

What does the competitive landscape of the Fertilizer market look like?

The world fertiliser market is dominated by highly concentrated fertiliser producers, including Nutrien, Yara International, Mosaic, CF Industries, EuroChem, OCP Group, and PhosAgro, which control the market in terms of production and international trade. The competitive advantage of these companies exists in the form of control of mines and resources, strategic acquisitions, and expanding the distribution. Nutrien has been looking to expand its retail reach in Latin America, and Yara is investing in green ammonia to curb carbon emissions.

Changing geopolitical allies have led to Russian exporters such as Uralkali and PhosAgro turning toward the Asian markets. In India, IFFCO cooperatives, as well as Coromandel International and other privately owned corporations, are testing their blends of nutrients to fit local soil requirements. Another factor influencing the competition is the increase in input prices, climatic interruptions, and the rise in the world demand for food security.

Fertilizer Market, Company Shares Analysis, 2024

To explore in-depth analysis in this report - Request Sample Report

Which recent mergers, acquisitions, or product launches are shaping the Fertilizer industry?

• In July 2025, the Russian Fertilizer Producers Association announced that Russian companies plan to boost their global fertilizer market share to 25% by 2030. This shift comes as they focus more on exports to BRICS countries following new EU tariffs, effective July 1, which increased prices by up to 30%.
• In January 2025, Bayer Crop Science introduced its water-soluble Wojiarun® calcium-based secondary fertilizer in China. Released under the Delai® brand, this product provides high-purity nutrients designed to meet the needs of modern crop health.

Report Coverage:

By Type

• Chemical Fertilizers
• Organic Fertilizers
• Biofertilizers
• Liquid Fertilizers
• Water-Soluble Fertilizers
• Nano Fertilizers
• Customized Fertilizers

By Nutrient Content

• Single Nutrient Fertilizers
• Multi-Nutrient Fertilizers
• Micronutrient Fertilizers
• Secondary Nutrient Fertilizers

By Form

• Granular
• Powder
• Liquid
• Pellet
• Crystalline
• Gaseous

By Crop Type

• Fruits & Vegetables
• Oilseeds & Pulses
• Commercial Crops
• Plantation Crops
• Turf & Ornamental Plants
• Others

By Mode of Application

• Broadcasting
• Foliar Spray
• Fertigation
• Deep Placement
• Aerial Application
• Seed Treatment
• Soil Injection

By End User

• Commercial Farmers
• Smallholder Farmers
• Greenhouse Growers
• Organic Farm Operators
• Urban Gardeners
• Government Agricultural Programs

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of the Middle East & Africa

List of Companies:

• Nutrien Ltd.
• The Mosaic Company
• Yara International ASA
• CF Industries Holdings, Inc.
• OCI N.V.
• EuroChem Group AG
• Uralkali
• PhosAgro
• Indian Farmers Fertiliser Cooperative Limited (IFFCO)
• Murugappa Group
• Israel Chemicals Ltd. (ICL Group)
• K+S AG
• OCP Group
• Sinochem Group
• Haifa Group

Frequently Asked Questions (FAQs)