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The global fertiliser market was worth more than $190 billion in 2022, and it's expected to rise at a CAGR of 3.6% between 2023 and 2030. The fertiliser market is expected to expand in the next years due to rising global population and shifting food preferences in both developed and developing countries. With a volume CAGR of 3.4%, the market is expected to grow to 545,346.5 kilotons by the end of the forecast period.
Chemical or organic fertilisers are applied to soil or plant tissue to boost yield by providing essential nutrients for plant growth. For instance, nitrogen-based fertilisers contain nitrogen, a key component of chlorophyll that promotes photosynthesis in plants. Plant roots benefit from phosphorus fertilisers because phosphorus is present in cell protoplasm, where it encourages the growth and division of cells. In contrast, organic fertilisers are derived from non-food sources, such as plant matter, animal waste, or toxins found in urban runoff or sewage. These fertilisers boost the soil's ability to store water, encourage the growth of beneficial microorganisms, and enhance its physical and chemical characteristics.
Fertilisers, both natural and synthetic, are applied to plant cells or soil to supply plants with one or more of the nutrients they need to flourish. Fertiliser demand is anticipated to rise over the projection period as the market for better soil nutrients expands and crop yields rise. The increasing availability of organic fertilisers should drive farmers to improve the safety and effectiveness of their fertiliser use.
The purpose of applying natural or synthetic fertilisers to plant tissues or soil is to supply plants with one or more of the nutrients they need for growth. Demand for fertilisers is anticipated to expand throughout the forecast period as a result of rising needs for improved soil nutrients and higher crop output. The increasing availability of natural fertilisers should prompt farmers to improve their fertiliser management practises.
Agricultural businesses around the world are up against a number of challenges. By 2050, the United Nations predicts that the global population will have topped nine billion. With productivity already down due to a lack of workers and dwindling farmland as a result of rapid urbanisation, this is only going to add fuel to the fire. More than two-thirds of the world's population will be concentrated in urban areas by 2050, reports the Food and Agriculture Organisation. Due to a worldwide decline of farmable land, farmers are increasingly turning to chemical fertilisers in an effort to maintain or increase crop yields.
Fertilisers are substances applied to soil or plant tissue, usually to boost crop yield by increasing the availability of nutrients necessary for plant growth. Nitrogen, the primary component of chlorophyll that enables plants to perform photosynthesis, is found in many nitrogen-based fertilisers. Phosphorus, which is found in the protoplasm of cells, is good for the plant's roots because it encourages the growth and division of those cells. Furthermore, organic fertilisers are all-natural fertilisers sourced from sources including farm and factory scraps, sewage sludge, and manure. These fertilisers improve the soil's ability to hold water, increase its fertility, and stimulate microbial growth.
In addition, fertilisers are chemical compounds added to soil or plant tissue in order to supply the plant with one or more of the nutrients essential to its development. Maintaining and increasing the availability of soil nutrients is promoted, leading to higher agricultural yields. The increased use of organic fertilisers has allowed farmers to reduce their exposure to harmful fertilisers while still reaping the benefits of fertiliser.
Report Coverage
Global Fertilizers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fertilizers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fertilizers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fertilizers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fertilizers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fertilizers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mosaic Company, Israel Chemicals Limited, PhosAgro, eurochem, Nutrien, Uralkali, OCP, cf industries, OCI, Yara International, K+S
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Fertilizers market based on the below-mentioned segments:
Global Fertilizers Market, By Type
Organic
Inorganic
Global Fertilizers market, By Application
Agriculture
Horticulture
Gardening
Others
Global Fertilizers Market, By Form
Dry
Liquid
Global Fertilizers market, Regional Analysis
Chemical or organic fertilisers are applied to soil or plant tissue to boost yield by providing essential nutrients for plant growth. For instance, nitrogen-based fertilisers contain nitrogen, a key component of chlorophyll that promotes photosynthesis in plants. Plant roots benefit from phosphorus fertilisers because phosphorus is present in cell protoplasm, where it encourages the growth and division of cells. In contrast, organic fertilisers are derived from non-food sources, such as plant matter, animal waste, or toxins found in urban runoff or sewage. These fertilisers boost the soil's ability to store water, encourage the growth of beneficial microorganisms, and enhance its physical and chemical characteristics.
Fertilisers, both natural and synthetic, are applied to plant cells or soil to supply plants with one or more of the nutrients they need to flourish. Fertiliser demand is anticipated to rise over the projection period as the market for better soil nutrients expands and crop yields rise. The increasing availability of organic fertilisers should drive farmers to improve the safety and effectiveness of their fertiliser use.
The purpose of applying natural or synthetic fertilisers to plant tissues or soil is to supply plants with one or more of the nutrients they need for growth. Demand for fertilisers is anticipated to expand throughout the forecast period as a result of rising needs for improved soil nutrients and higher crop output. The increasing availability of natural fertilisers should prompt farmers to improve their fertiliser management practises.
Agricultural businesses around the world are up against a number of challenges. By 2050, the United Nations predicts that the global population will have topped nine billion. With productivity already down due to a lack of workers and dwindling farmland as a result of rapid urbanisation, this is only going to add fuel to the fire. More than two-thirds of the world's population will be concentrated in urban areas by 2050, reports the Food and Agriculture Organisation. Due to a worldwide decline of farmable land, farmers are increasingly turning to chemical fertilisers in an effort to maintain or increase crop yields.
Fertilisers are substances applied to soil or plant tissue, usually to boost crop yield by increasing the availability of nutrients necessary for plant growth. Nitrogen, the primary component of chlorophyll that enables plants to perform photosynthesis, is found in many nitrogen-based fertilisers. Phosphorus, which is found in the protoplasm of cells, is good for the plant's roots because it encourages the growth and division of those cells. Furthermore, organic fertilisers are all-natural fertilisers sourced from sources including farm and factory scraps, sewage sludge, and manure. These fertilisers improve the soil's ability to hold water, increase its fertility, and stimulate microbial growth.
In addition, fertilisers are chemical compounds added to soil or plant tissue in order to supply the plant with one or more of the nutrients essential to its development. Maintaining and increasing the availability of soil nutrients is promoted, leading to higher agricultural yields. The increased use of organic fertilisers has allowed farmers to reduce their exposure to harmful fertilisers while still reaping the benefits of fertiliser.
Report Coverage
Global Fertilizers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fertilizers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fertilizers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fertilizers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Mosaic Company, Israel Chemicals Limited, PhosAgro, eurochem, Nutrien, Uralkali, OCP, cf industries, OCI, Yara International, K+S |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Fertilizers Market from 2021 to 2030.
- Market Forecast for Fertilizers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Fertilizers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Fertilizers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fertilizers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fertilizers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Mosaic Company, Israel Chemicals Limited, PhosAgro, eurochem, Nutrien, Uralkali, OCP, cf industries, OCI, Yara International, K+S
Primary Target Market
- Market Players of Fertilizers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Fertilizers market based on the below-mentioned segments:
Global Fertilizers Market, By Type
Organic
Inorganic
Global Fertilizers market, By Application
Agriculture
Horticulture
Gardening
Others
Global Fertilizers Market, By Form
Dry
Liquid
Global Fertilizers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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