Global Fertilizers Market Set to Reach USD 541.2 Billion by 2030 Driven by Sustainable Agriculture Trends

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 The global fertilizers market Size is projected to grow from USD 402.5 billion in 2025 to USD 541.2 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.10%, according to Mordor Intelligence.

This expansion is supported by increasing demand for field crops, growing adoption of precision agriculture, and the emergence of advanced fertilizer formulations that enhance crop productivity while addressing environmental concerns.

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Industry Overview and Drivers of Fertilizers Market Expansion

More than 95% of the global agricultural land is currently under field crop cultivation. The high prevalence of crops like rice, wheat, and corn—which collectively account for nearly 38% of cultivated land—necessitates greater nutrient input. As a result, farmers and industry players are increasingly turning to precision agriculture practices that enable accurate fertilizer application and reduce environmental impact.

In response to sustainability challenges and growing demand for efficiency, the industry has shifted focus toward controlled-release fertilizers (CRFs), slow-release fertilizers (SRFs), and specialty blends. These alternatives offer improved nutrient uptake and minimize leaching and runoff, making them well-suited for intensive and high-value crop production.

Meanwhile, trade flows are reshaping global fertilizer availability. China accounts for approximately one-quarter of global fertilizer production, becoming a key influence on global prices and distribution. In North America, over 85% of potash demand is met through imports, highlighting interdependency across regions.

Key Trends Shaping the Global Fertilizers Market

  • Expansion of Field Crop Cultivation: Driven by the need to boost yields on shrinking arable land, field crop cultivation—particularly rice, wheat, and corn—is rising worldwide, especially in Asia-Pacific and South America.
  • High Nutrient Application Rates: Global averages show nitrogen fertilizers are applied at 224.6 kg/ha in field crops, followed by potassium at 150.3 kg/ha and phosphorus at 117.9 kg/ha. Rapeseed and corn are among the most nutrient-intensive crops.
  • Shift Toward Specialty Fertilizers: Adoption of CRFs, SRFs, and bio-based alternatives is increasing, especially in environmentally sensitive and nutrient-deficient regions such as Europe and North America.
  • Surge in Horticulture Fertilizer Use: As demand for fruits and vegetables rises, so does the use of micronutrients and secondary fertilizers, such as sulfur and magnesium, particularly in high-value crops like tomatoes.

Fertilizers Market Segmentation Highlights

By Type

  • Straight Fertilizers: Account for around 72% of the market in 2024 due to their cost-efficiency and flexibility for field crop management.
  • Complex Fertilizers: Projected to grow at 6% CAGR through 2029. These provide multiple nutrients per granule and are gaining traction in modern farming.

By Form

  • Conventional Fertilizers: Represent 88% of the market in 2024, offering affordability and broad availability.
  • Controlled Release Fertilizers (CRFs): Fastest-growing segment with an expected CAGR of 8%. These support sustainable nutrient delivery and reduce waste.
  • Others: Includes liquid, slow-release, and water-soluble fertilizers, used in niche areas like foliar feeding and fertigation.

By Application Mode

  • Soil Application: Dominates with 89% share, serving as the most common method globally.
  • Fertigation: Offers 20–40% fertilizer savings over traditional methods and is gaining popularity in greenhouse and horticulture farming.
  • Foliar Application: Suitable for micronutrient deficiencies and damage recovery; growing use in regions with limited root activity.

Regional Insights

Asia-Pacific

  • The largest regional market, home to major players like China and India.
  • China holds 14% of the global share, backed by strong domestic production.
  • India is the fastest-growing market in the region, driven by policy support, soil health initiatives, and increased adoption of modern farming techniques.

Europe

  • Sustainability and strict regulatory controls shape consumption trends.
  • Russia leads the region, leveraging strong production and resource availability.
  • Ukraine shows the highest growth rate, supported by its large grain export sector and ongoing farming modernization.

Middle East & Africa

  • Nigeria leads in consumption, supported by domestic urea production.
  • Saudi Arabia is the fastest-growing market, expanding through phosphate fertilizer production and modern irrigation.

North America

  • United States is the largest market, driven by advanced agricultural infrastructure.
  • Mexico is the fastest-growing, supported by modern farming and export-oriented agriculture.

South America

  • Dominated by Brazil, which has a significant need for fertilizers due to large field crop acreage.
  • Argentina shows strong growth, with increasing reliance on modern technologies and expanded cultivation.

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Fertilizers Market Competitive Landscape

Leading players in the global fertilizer market include:

  • Yara International ASA
  • The Mosaic Company
  • Nutrien Ltd.
  • CF Industries Holdings, Inc.
  • ICL Group Ltd.

These companies are investing in advanced fertilizer technologies and sustainability-focused innovations. Strategies include expanding production capabilities, engaging in regional acquisitions, and developing bio-based alternatives.

The market remains fragmented, with global conglomerates competing alongside regional specialists. Vertical integration and backward linkages to raw material sources are common strategic approaches. Investments in digital agriculture platforms and advisory services are becoming essential for companies to maintain relevance and build farmer loyalty.

Conclusion

The global fertilizers market is undergoing a dynamic transition toward more sustainable, efficient, and technologically advanced solutions. Rising food security concerns, regulatory mandates, and changing cultivation patterns are expected to drive market expansion through 2030. As the market evolves, companies focusing on innovation, sustainability, and regional adaptation will likely emerge as long-term leaders.

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