Fertilizer Market (2025-2031) | Size, Value, Trend, Share, Outlook, Forecast, Growth

Fertilizer Market Highlights

Report Name	Fertilizer Market
Report Category / Coverage	Global
Forecast Period	2025-2031
CAGR	4.8%
Market Size	USD 310 billion by 2031
Growing Sector	Organic fertilizer sector

Topics Covered in the Fertilizer Market Report

Fertilizer Market report thoroughly covers the by crop type, by type, and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Fertilizer Market Size Analysis

The Fertilizer Market has been experiencing significant growth over the past few years. As of 2025, the global market is valued at approximately $220 billion. Further, the Global Market is projected to expand at a CAGR of 4.8% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $310 billion.

Fertilizer Market Synopsis

The fertilizer market is poised for significant growth driven by rising population demands and the ever-increasing need for food security. Fertilizers play a crucial role in enhancing soil fertility and boosting agricultural productivity, which is essential in meeting the nutritional needs of growing populations. Various types, including nitrogenous, phosphatic, and potassic fertilizers, are used to improve crop yield and overall farm efficiency. Advancements in technology have led to the development of innovative and sustainable fertilizers that are environmentally friendly and economically viable. However, the market faces challenges such as fluctuating raw material prices and stringent environmental regulations.

According to 6Wresearch, the Fertilizer Market revenue is expected to reach at a significant CAGR of 4.8% during the forecast period 2025-2031. The growth of the fertilizer market is primarily driven by the increasing demand for food due to rapid population growth. As the world population continues to rise, there is a heightened need to enhance agricultural productivity, which in turn fuels fertilizer consumption. Additionally, technological advancements in fertilizer production and the development of precision agriculture techniques are further contributing to market expansion. Government support and subsidies for sustainable farming practices also play a vital role in promoting the use of fertilizers.

Environmental concerns are at the forefront, as the excessive use of fertilizers can lead to soil degradation and water pollution. These issues have prompted stricter regulations and increased demand for eco-friendly alternatives, pressuring traditional fertilizer producers. Furthermore, fluctuating raw material prices and supply chain disruptions can affect market stability and profitability. Lastly, the need for substantial research and development investments to innovate more sustainable and efficient fertilizers presents additional hurdles for the market's growth trajectory.

Fertilizer Market Trends

• Increasing Demand for Organic Fertilizers – The global shift towards sustainable agriculture has bolstered the demand for organic fertilizers. As consumers become more health-conscious, there is a preference for food produced without synthetic chemicals, driving growth in this segment.
• Rising Population and Food Demand – With the world population steadily increasing, there is an escalating need for food production. Fertilizers play a crucial role in enhancing crop yields, making them indispensable to meet this growing food demand.
• Government Initiatives and Subsidies - Various governments worldwide are implementing supportive policies and subsidies to encourage the use of fertilizers, promoting agricultural productivity and sustainability in farming practices.

Investment Opportunities in the Fertilizer Market

• Growing Global Demand – With the world's population steadily increasing, there is a rising demand for food production, which directly impacts the need for fertilizers. Investing in the fertilizer market can be lucrative as agricultural production strives to meet this growing global demand.
• Government Initiatives and Subsidies – Many governments across the world are supporting the agricultural sector with subsidies and initiatives to boost production. These interventions can create favorable conditions for investing in fertilizer companies, as they often lead to increased production and sales.
• Sustainable Practices - There is a growing emphasis on sustainable agriculture, which includes the use of organic and environmentally friendly fertilizers. Investments focusing on sustainable alternatives can align with global trends and consumer preferences for organic products, paving the way for long-term profitability.

Leading Players of the Fertilizer Market

Key companies include Nutrien Ltd., CF Industries Holdings, Inc., and Yara International ASA. These industry giants drive advancements in fertilizer production, focusing on sustainability and efficiency to meet global agricultural demands. Additionally, The Mosaic Company and EuroChem Group AG are significant contributors, offering a wide range of nutrient solutions that support increased crop yields and soil health. Together, these companies shape the landscape of the global fertilizer industry. As the population continues to grow, the demand for food increases, and in turn, the need for fertilizers rises. However, with a growing awareness of environmental impact, companies are now placing more emphasis on sustainable practices in fertilizer production.

Government Regulations Introduced in the Fertilizer Market

The fertilizer market has seen a slew of government regulations aimed at ensuring environmental sustainability and promoting responsible agricultural practices. These regulations often focus on limiting the use of certain chemicals that can lead to soil degradation or water pollution. Additionally, governments have introduced measures to encourage the adoption of eco-friendly fertilizers, providing subsidies and tax incentives for both manufacturers and farmers who choose sustainable options. Compliance with such regulations is not merely recommended but enforced through rigorous monitoring and penalties for violations. These efforts are designed to balance the need for agricultural productivity with the urgent call for environmental conservation.

Future Insights of the Fertilizer Market

The fertilizer market is poised for significant transformations driven by advancements in technology and increasing pressures for sustainable agriculture. As global populations continue to grow, the demand for effective and efficient fertilizers that enhance crop yield without degrading the environment is expected to rise. Innovations such as precision agriculture and the use of drones and IoT devices will optimize the application of fertilizers, reducing waste and improving productivity. Additionally, the market is likely to see a shift towards organic and bio-based fertilizers as consumers push for eco-friendly practices. As regulations targeting the environmental impacts of traditional fertilizers become stricter, companies must innovate to create products that meet both agronomic and ecological standards. Overall, the future of the fertilizer market will likely be characterized by a blend of technological advancement and a commitment to sustainability.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Complex fertilizer to Dominate the Market - By type

According to Ravi Bhandari, Research Head, 6wresearch, Complex fertilizers play a significant role in the fertilizer market by offering a blend of essential nutrients required for plant growth. Unlike single-nutrient fertilizers, complex fertilizers contain two or more nutrients, typically including nitrogen (N), phosphorus (P), and potassium (K), which are vital for various stages of plant development. This balanced nutrient profile can lead to enhanced crop yield and better plant health. The demand for complex fertilizers is driven by the need for efficient agricultural practices and increasing food production. As global populations rise, the pressure on arable land heightens, making the efficient nutrient delivery provided by complex fertilizers an attractive option for farmers.

Fruits & vegetables to dominate the market - By crop type

The fruits and vegetables in the fertilizer market is increasingly significant as the demand for sustainable agricultural practices grows. Fruits and vegetables require specific nutrients to thrive, including nitrogen, phosphorus, and potassium, which are traditionally supplied by fertilizers. However, as consumers and producers become more environmentally conscious, there is a shift towards organic and bio-fertilizers that promote healthy growth without compromising ecological balance. These fertilizers, often derived from natural sources, not only support soil health but also enhance the nutritional value and taste of produce. The increasing focus on sustainable agriculture is driving innovations in the fertilizer market, with a particular emphasis on optimizing the growth conditions for fruits and vegetables to meet both quality standards and environmental goals.

APAC to dominate the market – By region

The Asia-Pacific (APAC) region plays a pivotal role in the global fertilizer market. With rapidly growing populations and significant agricultural activity, countries in this region, such as China, India, and Indonesia, are among the largest consumers and producers of fertilizers. The demand is primarily driven by the need to increase crop yields to ensure food security and support the agricultural economies. Moreover, technological advancements and government initiatives promoting sustainable farming practices are boosting the adoption of fertilizers in the region.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Fertilizer Market Outlook
• Market Size of Fertilizer Market, 2024
• Forecast of Fertilizer Market, 2031
• Historical Data and Forecast of Fertilizer Revenues & Volume for the Period 2021 - 2031
• Fertilizer Market Trend Evolution
• Fertilizer Market Drivers and Challenges
• Fertilizer Price Trends
• Fertilizer Porter's Five Forces
• Fertilizer Industry Life Cycle
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Type for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Complex Fertilizer for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Straight Fertilizer for the Period 2021 – 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Crop Type for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Fruits & Vegetables for the Period 2021 – 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Grains & Cereals for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Pulses & Oilseeds for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Commercial Crops for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Others for the Period 2021 – 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Regions for the Period 2021 – 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Latin America for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By North America for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Europe for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Asia Pacific for the Period 2021 - 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Middle East for the Period 2021 – 2031
• Historical Data and Forecast of Fertilizer Market Revenues & Volume By Africa for the Period 2021 – 2031
• Fertilizer Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Crop Type
• Market Opportunity Assessment By Regions
• Fertilizer Top Companies Market Share
• Fertilizer Competitive Benchmarking By Technical and Operational Parameters
• Fertilizer Company Profiles
• Fertilizer Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type 

• Complex Fertilizer
• Straight Fertilizer

By Crop Type

• Fruits & Vegetables
• Grains & Cereals
• Pulses & Oilseeds
• Commercial Crops
• Others

By Regions 

• Latin America
• North America
• Europe
• Asia Pacific
• Middle East
• Africa