What is the market size for fertilizer | Insights, Trends & Growth Analysis 2025

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Code: MTA10570

Publication Date: Nov 2025

What is the size of Fertilizer Market?

According to 6Wresearch internal database and industry insights, the Fertilizer Market was estimated at USD 210.4 billion in 2024 and is projected to reach USD 302.8 billion by 2031, expanding at a CAGR of 5.3% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include rising demand for enhanced crop productivity, increasing adoption of precision farming, growing awareness regarding soil health, and technological advancements in nutrient formulations for sustainable agriculture.

Key Growth Drivers of the Fertilizer Market

Rising demand for high-yield crops to meet food requirements
Increasing use of biofertilizers and organic nutrient sources
More people are using smart farming and precision agriculture technologies.
Improvements in controlled-release and specialty fertilizers through technology
The private and public money is going into sustainable farming solutions due to more farming and beneficial government policies.

Fertilizer Market Trends

Fertilizer Market is witnessing major growth with notable trends such as the increasing shift towards eco-friendly and bio-based fertilizers. Farmers are adopting customized fertilizer blends to enhance crop-specific productivity.The use of advanced application technologies, including drones and automated spreaders, is becoming common. There is a rise in demand for water-soluble and micronutrient-enriched fertilizers to improve nutrient efficiency. The market is also observing greater adoption of digital platforms for fertilizer distribution and farm management. Furthermore, sustainability-driven practices and balanced nutrient application are shaping future market dynamics.

Emerging Developments in the Fertilizer Market

Fertilizer Market is evolving with the development of nanotechnology-based and slow-release fertilizers to minimize nutrient loss. More research and development is going into bio-stimulants and microbial formulations that will help the soil naturally. Agri-tech companies and fertilizer makers are working together to come up with new products. More, remote sensing and data analytics are being used together to find the best fertilizer. Governments and businesses are also putting money into fertilizer infrastructure and encouraging farming practices that are good for the environment. Emerging markets are also expanding their capacity and modernizing their production to meet the growing demand for food.