The global fertilizers market is expected to grow from USD 230.10 billion in 2025 to USD 281.56 billion by 2030, registering a CAGR of 4.1% over the forecast period. Fertilizers are fundamental to modern agriculture, enhancing soil fertility and crop productivity to support the increasing global demand for food. With the world population projected to near 10 billion by 2050, agricultural output must rise substantially—making fertilizers indispensable for sustainable food production.
Fertilizers supply essential nutrients—nitrogen (N), phosphorus (P), and potassium (K)—that are critical for plant growth and yield enhancement. The market comprises both synthetic (chemical) fertilizers and bio-based alternatives, such as organic and microbial fertilizers. While synthetic fertilizers continue to dominate due to their rapid effectiveness, the demand for eco-friendly and sustainable options is gaining momentum, fueled by growing environmental concerns and supportive regulatory policies.
Fertilizers Market Growth Drivers
Several factors are fueling growth in the fertilizers market worldwide:
Future Trends to Watch
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114997228
By Type: Chemical Fertilizers Expected to Maintain Largest Market Share During Forecast Period
Chemical fertilizers currently dominate the market, largely due to their ability to deliver immediate and targeted nutrients to crops. Nitrogen-based fertilizers such as urea and ammonium nitrate lead the segment, thanks to their essential role in promoting crop growth and achieving high yields. Phosphatic and potassic fertilizers also enjoy widespread use for enhancing root development and overall plant health. The extensive adoption of chemical fertilizers across major agricultural regions—including Asia Pacific, North America, and Europe—has reinforced their market leadership. Additionally, government subsidies in countries like India and China help reduce costs for farmers, further encouraging the use of chemical fertilizers.
Although interest in organic and biofertilizers is rising, chemical fertilizers continue to prevail due to their cost-effectiveness, wide availability, and proven performance in large-scale farming operations. Key agricultural economies, especially those with intensive farming systems, rely heavily on chemical fertilizers to meet growing food demands. Advances in controlled-release fertilizers and customized nutrient blends are improving nutrient efficiency while addressing environmental concerns. While increasing awareness of soil health and sustainability regulations may gradually influence market dynamics, chemical fertilizers are expected to remain the preferred choice in global agriculture for the foreseeable future, given their significant contribution to crop productivity.
By Mode of Application: Soil Application to Hold Significant Market Share Throughout Forecast Period
Soil application remains the dominant mode in the fertilizer market, widely used in both conventional and modern farming practices. This method delivers nutrients directly to plant roots, promoting effective uptake and boosting crop yields. Fertilizers in various forms—granular, powder, or liquid—can be applied through techniques such as broadcasting, banding, and fertigation, making soil application highly versatile and suitable for a broad range of crops. It is particularly prevalent in horticulture, cereals, and row crops where large quantities of nutrients are required.
The ease of application, compatibility with mechanized farming equipment, and sustained nutrient release contribute to the widespread adoption of soil application worldwide. Compared to foliar feeding or fertigation, soil application offers slower nutrient release, reducing leaching losses and enhancing long-term soil fertility. Major agricultural nations like India, China, Brazil, and the United States heavily depend on soil-applied fertilizers to support extensive farming activities. Furthermore, innovations in controlled-release fertilizers are driving increased efficiency and adoption of soil-based nutrient delivery.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=114997228
Asia Pacific to Exhibit the Highest CAGR During the Forecast Period
The Asia Pacific region is poised to be the fastest-growing market in the global fertilizers sector. This growth is largely driven by government initiatives such as fertilizer subsidies, soil health programs, and agricultural modernization efforts that have significantly boosted demand. The cultivation of high-value crops like rice, wheat, and oilseeds across the region has led to increased fertilizer usage to enhance crop yields and replenish essential soil nutrients.
Key policies, including India’s Nutrient-Based Subsidy (NBS) program and China’s soil fertility improvement initiatives, play a crucial role in making fertilizers more affordable and accessible to farmers. Additionally, countries in the region are promoting balanced fertilization techniques and sustainable farming practices to maintain soil health and ensure long-term agricultural productivity.
Rising urbanization and decreasing arable land are further accelerating market growth, pushing farmers toward more efficient fertilizer solutions. The adoption of precision agriculture, controlled-release fertilizers, and biofertilizers is on the rise, supported by both sustainability concerns and government incentives. Moreover, advancements in soil testing, nutrient management, and fertigation technologies are improving fertilizer efficiency while reducing environmental impact.
With strong government backing, increasing awareness among farmers, and continuous innovation in fertilizer products, Asia Pacific is set to maintain its position as the fastest-growing region in the global fertilizers market.
Leading Fertilizers Companies:
The report profiles key players such as ICL (Israel), Yara (Norway), K+S Aktiengesellschaft (Germany), Nutrien (Canada), Mosaic (US), CF Industries Holdings, Inc. (US) , Grupa Azoty (Poland), SQM S.A. (Chile), OCP (Morocco), Syngenta Group (Switzerland), Saudi Basic Industries Corporation (Saudi Arabia), Koch IP Holdings, LLC (US), Haifa Negev technologies LTD (Israel), EuroChem Group (Switzerland), and Lallemand Inc (Canada).
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
uilt on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
Media ContactCompany Name: MarketsandMarkets™ Research Private Ltd.Contact Person: Mr. Rohan SalgarkarEmail: Send EmailPhone: 18886006441Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445City: FloridaState: FloridaCountry: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/fertilizers-market-114997228.html
