Global Fertilizer Market Size By Form (Liquid, Dry), By Product (Organic, Inorganic), By Application (Gardening, Horticulture, Agriculture), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Fertilizer Market Size And Forecast

Fertilizer Market size was valued at USD 179.06 Billion in 2021 and is projected to reach USD 244.02 Billion by 2030, growing at a CAGR of 3.50% from 2023 to 2030.

The worldwide Fertilizer advertise is anticipated to grandstand considerable development amid the forecasted period with a boost within the advertise request due to the ever-increasing developing populace with an expanding request for nourishment. The cost-effectiveness and simple capacity of dry fertilizers will drive the showcase towards the income era. The Worldwide Fertilizer Advertise report gives an all-encompassing assessment of the showcase.

Global Fertilizer Market Definition

Fertilizers, whether natural or synthetic, are really just food for plants! They give crops an extra boost of nutrients to help them grow bigger and faster, making the whole farming process more productive. Think of them as vitamins for your veggies. You can find them in both natural and man-made forms. The big three nutrients in most fertilizers are nitrogen, phosphorous, and potassium – kind of like the power trio for plant health. Farmers use all sorts of methods to get these fertilizers into the soil, from huge tractors to simple hand tools. When crops get those extra nutrients, they grow stronger and healthier, especially during their peak season. And, of course, with healthier plants, farmers get a better harvest in a shorter amount of time, which means more money in their pockets!

Global Fertilizer Market Overview

Think about itwe've got more and more people on the planet, and guess what? They all need to eat! It's pretty simple - more people means more meals, right? As the population keeps climbing, so does the demand for food. To keep everyone fed, we need to somehow squeeze more out of our crops than ever before. That's where fertilizers come in; they help us boost crop yields to meet that ever-growing need. Now, here's another thing to considercities are expanding, and industries are popping up everywhere, gobbling up farmland. So, we have less land to grow food on! That's why using fertilizers on the remaining land is so crucial. They can quickly improve the soil and help us get bigger harvests in a short amount of time. That's a major reason why this market is booming.

However, excessive fertilizer use has adverse effects on soil which is a restraining factor for this market.

Global Fertilizer MarketSegmentation Analysis

The Global Fertilizer Market is segmented based on Form, Product, Application, and Geography.

Fertilizer Market, By Form

• Liquid• Dry

Fertilizers exist in two major forms which are dry and liquid. Dry fertilizers have low moisture content and have a dry structure. Liquid fertilizers have more liquid content and are present in a liquid state.

Fertilizer Market, By Product

• Organic• Inorganic

Organic fertilizers are obtained through a natural process and are plant-based, animal-based, and mineral-based. Inorganic fertilizers are artificially created as per the requirements. Some of the examples of inorganic fertilizers are nitrogen, urea, ammonium nitrate. Some examples of potassium fertilizers are potassium chloride, potassium sulfate, and potassium nitrate. Phosphorous fertilizers are those fertilizers where the primary ingredient is phosphorous. Some of the phosphorus-based fertilizers are diammonium phosphate, triple superphosphate, and ammonium polyphosphate.

Fertilizer Market, By Application

• Gardening• Horticulture• Agriculture

Gardening involves a wide range of fertilizer applications as it supplies various nutrients to the plants of the garden. Horticulture is the practice of growing flowers, fruit, and vegetables. Fertilizers help in the cultivation process of horticulture. For agriculture, fertilizers play a major role in determining the scale and quality of the yield be cultivated and harvested.

Fertilizer Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Fertilizer Market is classified into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The “Global Fertilizer Market” study report will provide valuable insight emphasizing the global market. The major players in the market are IFFCO, Sumitomo Chemical Co Ltd, Israel Chemicals Ltd, Syngenta AG, Bunge Limited, CF Industries Holdings Inc, The Mosaic Company, Nutrien Ltd, Yara International ASA & Haifa Group. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Report AttributesDetails
Study Period

2018-2030

Base Year

2021

Forecast Period

2023-2030

Historical Period

2018-2020

Unit

Value (USD Billion)

Key Companies Profiled

IFFCO, Sumitomo Chemical Co Ltd, Israel Chemicals Ltd, Syngenta AG, Bunge Limited, CF Industries Holdings Inc, The Mosaic Company, Nutrien Ltd, Yara International ASA & Haifa Group.

Segments Covered

By Form, By Product, By Application, and By Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days)  with purchase. Addition or alteration to country, regional & segment scope

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Reasons to Purchase this Report

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