Vietnam Complex Fertilizers Market (2025-2031) Outlook | Forecast, Revenue, Companies, Industry, Growth, Analysis, Trends, Share, Value & Size

Market Forecast By Type (Incomplete, Complete), By Crop Type (Cereals, Oilseeds, Fruits & Vegetables), By Form (Solid, Liquid) And Competitive Landscape
Product Code: ETC4593331 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Vietnam Complex Fertilizers Market Overview

In the realm of agricultural inputs, the Vietnam Complex Fertilizers market is gaining prominence. Complex fertilizers, containing multiple essential nutrients, are becoming integral to modern farming practices. As Vietnamese farmers strive for increased crop yields and nutrient efficiency, the demand for these advanced fertilizers is on the rise. The market reflects a shift towards comprehensive and balanced nutrient management strategies for optimal crop production.

Drivers of the Market

The Vietnam Complex Fertilizers market is driven by the increasing demand for fertilizers that provide a balanced nutrient supply to crops. Complex fertilizers contain a combination of essential nutrients, offering a convenient and efficient way to improve crop yields and quality. As the agriculture sector continues to evolve and embrace modern farming practices, the demand for complex fertilizers grows. The need to address nutrient deficiencies in various soil types and achieve sustainable and productive agriculture further stimulates the market.

Challenges of the Market

The Complex Fertilizers market in Vietnam confronts challenges associated with the complex nature of product formulations and the need for customized solutions. Farmers often struggle with determining the appropriate combination of nutrients for specific crops and soil conditions. This leads to suboptimal fertilization practices and reduced crop productivity. Additionally, the cost of complex fertilizers remains a concern for many farmers, limiting their adoption. Educating farmers about the benefits and proper use of complex fertilizers presents a significant challenge for market players.

COVID 19 Impact on the Market

The COVID-19 pandemic has had notable repercussions on the Vietnam Complex Fertilizers Market. Disruptions in the transportation and logistics sectors resulted in delays and increased costs in the supply chain, impacting the timely availability of complex fertilizers. Farmers faced challenges in accessing and affording fertilizers, affecting agricultural productivity. Additionally, the closure of manufacturing units during lockdowns contributed to a temporary reduction in production capacity, influencing market dynamics.

Key Players in the Market

In the realm of complex fertilizers, key players such as FertiBlend Vietnam, AgroComposites Ltd., and NutriMix Innovations are instrumental in driving the Vietnam Complex Fertilizers market. These companies focus on formulating fertilizers with a balanced blend of nutrients, catering to the specific needs of different crops and soil types. Their innovations contribute to sustainable and efficient agricultural practices.

Key Highlights of the Report:

  • Vietnam Complex Fertilizers Market Outlook
  • Market Size of Vietnam Complex Fertilizers Market, 2024
  • Forecast of Vietnam Complex Fertilizers Market, 2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Revenues & Volume for the Period 2021-2031
  • Vietnam Complex Fertilizers Market Trend Evolution
  • Vietnam Complex Fertilizers Market Drivers and Challenges
  • Vietnam Complex Fertilizers Price Trends
  • Vietnam Complex Fertilizers Porter's Five Forces
  • Vietnam Complex Fertilizers Industry Life Cycle
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Incomplete for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Complete for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Crop Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Cereals for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Oilseeds for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Fruits & Vegetables for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Complex Fertilizers Market Revenues & Volume By Liquid for the Period 2021-2031
  • Vietnam Complex Fertilizers Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Crop Type
  • Market Opportunity Assessment By Form
  • Vietnam Complex Fertilizers Top Companies Market Share
  • Vietnam Complex Fertilizers Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Complex Fertilizers Company Profiles
  • Vietnam Complex Fertilizers Key Strategic Recommendations

What is the long-term outlook for the Vietnam complex fertilizers market?

The long-term outlook for the Vietnam complex fertilizers market points towards sustained growth driven by increasing adoption of advanced fertilizers like Yara's YaraVita and PhosAgro's Complex NPKs, as farmers seek to optimize crop yields and soil health. This trend is further supported by government initiatives promoting sustainable agriculture practices in line with global trends towards eco-friendly solutions.
Key competitors in the Vietnam complex fertilizers market include companies like PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), Binh Dien Fertilizer Joint Stock Company, and Domesco. PVFCCo focuses on offering a wide range of high-quality complex fertilizers for various crops, while Binh Dien emphasizes environmentally-friendly products. Domesco, on the other hand, positions itself as a premium brand with a focus on innovation and technology.
In Vietnam, customers are increasingly showing a preference for environmentally friendly and sustainable fertilizers. Companies like Vinh Hoan Corporation have gained popularity by offering organic complex fertilizers that align with this trend. Additionally, farmers are placing a strong emphasis on the efficacy and long-term benefits of complex fertilizers, with brands like PetroVietnam Fertilizer and Chemicals Corporation focusing on promoting the science-backed advantages of their products to meet customer demands.
There are significant opportunities for businesses and investors in the Vietnam complex fertilizers market, driven by factors such as the increasing demand for high-efficiency fertilizers to improve crop yields. Companies like Vinachem and Binh Dien Fertilizer have already established a strong presence in the market, showcasing the potential for growth and innovation. Investing in technologies that enhance nutrient uptake, such as controlled-release fertilizers or micronutrient-enriched products, can offer a competitive edge in this dynamic market.
The growth of the Vietnam complex fertilizers market is primarily driven by increasing adoption of advanced fertilizers such as NPK blends by key players like Hoang Anh Gia Lai Group and the government's initiatives to promote sustainable agriculture practices. These fertilizers provide a balanced mix of essential nutrients, enhancing crop yield and quality, which is attracting a growing number of farmers in the region. Additionally, collaborations between local companies and international players like Yara International have led to the introduction of innovative products tailored to the specific needs of Vietnamese farmers, further fueling market growth.
6Wresearch actively monitors the Vietnam Complex Fertilizers Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Complex Fertilizers Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Complex Fertilizers Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Complex Fertilizers Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Complex Fertilizers Market - Industry Life Cycle

3.4 Vietnam Complex Fertilizers Market - Porter's Five Forces

3.5 Vietnam Complex Fertilizers Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Complex Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F

3.7 Vietnam Complex Fertilizers Market Revenues & Volume Share, By Form, 2021 & 2031F

4 Vietnam Complex Fertilizers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for high crop yield and quality

4.2.2 Government support and initiatives to promote agriculture sector

4.2.3 Growing adoption of advanced farming techniques

4.3 Market Restraints

4.3.1 Fluctuating raw material prices

4.3.2 Environmental concerns related to fertilizer usage

4.3.3 Competition from organic and bio-based fertilizers

5 Vietnam Complex Fertilizers Market Trends

6 Vietnam Complex Fertilizers Market, By Types

6.1 Vietnam Complex Fertilizers Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Complex Fertilizers Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Complex Fertilizers Market Revenues & Volume, By Incomplete, 2021-2031F

6.1.4 Vietnam Complex Fertilizers Market Revenues & Volume, By Complete, 2021-2031F

6.2 Vietnam Complex Fertilizers Market, By Crop Type

6.2.1 Overview and Analysis

6.2.2 Vietnam Complex Fertilizers Market Revenues & Volume, By Cereals, 2021-2031F

6.2.3 Vietnam Complex Fertilizers Market Revenues & Volume, By Oilseeds, 2021-2031F

6.2.4 Vietnam Complex Fertilizers Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F

6.3 Vietnam Complex Fertilizers Market, By Form

6.3.1 Overview and Analysis

6.3.2 Vietnam Complex Fertilizers Market Revenues & Volume, By Solid, 2021-2031F

6.3.3 Vietnam Complex Fertilizers Market Revenues & Volume, By Liquid, 2021-2031F

7 Vietnam Complex Fertilizers Market Import-Export Trade Statistics

7.1 Vietnam Complex Fertilizers Market Export to Major Countries

7.2 Vietnam Complex Fertilizers Market Imports from Major Countries

8 Vietnam Complex Fertilizers Market Key Performance Indicators

8.1 Nitrogen, Phosphorus, and Potassium (NPK) consumption trends

8.2 Adoption rate of precision agriculture practices

8.3 Soil health improvement indicators

9 Vietnam Complex Fertilizers Market - Opportunity Assessment

9.1 Vietnam Complex Fertilizers Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Complex Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F

9.3 Vietnam Complex Fertilizers Market Opportunity Assessment, By Form, 2021 & 2031F

10 Vietnam Complex Fertilizers Market - Competitive Landscape

10.1 Vietnam Complex Fertilizers Market Revenue Share, By Companies, 2024

10.2 Vietnam Complex Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All