Global Fertilizers Market Growth 2025-2031

The global Fertilizers market size is predicted to grow from US$ 112720 million in 2025 to US$ 146290 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Fertilizers provide Nitrogen (N), phosphorus (P) and potassium (K) and more essential nutrients.

Other plant nutrients are sulphur (S), magnesium (Mg), calcium (Ca), zinc (Zn), iron (Fe), boron (B), manganese (Mn), copper (Cu), molybdenum (Mo), chlorine (Cl), nickel (Ni), iodine (I). Additional plant nutrients are required by a few plant species, e.g., sodium (Na) and cobalt (Co).

Fertilizer is an important agricultural production material and an important material for agricultural production and maintaining national food security.

There are many fertilizer manufacturers in the world, mainly including: OCP Group, Yara International, Nutrien, The Mosaic Company, PhosAgro, ICL Group, CF Industries, Yunan Yuntianhua (YTH), Qatar Fertiliser Company (QAFCO), EuroChem Group, K+S Group, Uralchem, Belaruskali, Xinyangfeng, Coromandel International Limited, Paradeep Phosphates, Stanley Agriculture Group, Sociedad Química y Minera (SQM), Kingenta, Hubei Yihua, OCI NV, Shandong Hualu Hengsheng Group, etc. OCP Group is the largest manufacturer, its revenue share of global market exceeds 13.48% in 2023. Top five players accounted for about 37.83% of the world's revenue share.

As the industry continues to mature, large-scale compound fertilizer companies have begun to integrate their advantages in brand, channel, production capacity layout, products, services, R&D, industrial chain, informatization, automation and other aspects. They have continuously improved their overall competitiveness through various measures such as strengthening R&D capabilities, improving product structure, improving production and transportation efficiency, enhancing the level of agricultural service technology, and integrating upstream and downstream industrial chains.

The fixed cost of fertilizer production is high, and the price is also affected by many factors, such as policies, economic fluctuations, exchange rate fluctuations, crop prices, weather, etc. The fertilizer market is closely related to crop cultivation, and the amount of fertilizer consumption is directly affected by downstream crop cultivation, so it is a highly volatile commodity.

The upstream of fertilizer production involves the collection of raw materials for fertilizer production, and the main raw materials include natural gas, phosphate rock, potassium, etc. Fertilizers are mostly transported in bulk before mixing and are bagged after mixing. In terms of types, Nitrogen Fertilizer occupied the largest sales share of 50.68% in 2023.

LP Information, Inc. (LPI) ' newest research report, the “Fertilizers Industry Forecast” looks at past sales and reviews total world Fertilizers sales in 2024, providing a comprehensive analysis by region and market sector of projected Fertilizers sales for 2025 through 2031. With Fertilizers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fertilizers industry.

This Insight Report provides a comprehensive analysis of the global Fertilizers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fertilizers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fertilizers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fertilizers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fertilizers.

This report presents a comprehensive overview, market shares, and growth opportunities of Fertilizers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Nitrogen Fertilizer
Phosphate Fertilizer
Potassium Fertilizer
Others

Segmentation by Application:
Grains and Creals
Oil Seeds
Fruits and Vegetables
Turf and Ornamental Grass
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
OCP Group
Yara International
Nutrien
The Mosaic Company
PhosAgro
EuroChem Group
ICL Group
CF Industries
Yunan Yuntianhua (YTH)
Qatar Fertiliser Company (QAFCO)
K+S Group
Uralchem
Xinyangfeng
Coromandel International Limited
Paradeep Phosphates
Stanley Agriculture Group
Belaruskali
Sociedad Química y Minera (SQM)
Kingenta
Hubei Yihua
OCI NV
Shandong Hualu Hengsheng Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fertilizers market?

What factors are driving Fertilizers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fertilizers market opportunities vary by end market size?

How does Fertilizers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.