Agriculture

Fertilizer and Crop Nutrients Market, Size, Share, Growth, Future Prospects, and Competitive Analysis, 2025-2033

Published October 13, 2026 /No. of pages: 130 /Report ID: TD-20261013140

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Market snapshot

Fertilizer and Crop Nutrients Market Size, 2024-2033

USD Billion

2024202520262027202820292030203120322033

The figures are in the full report. Request a free sample ↗

Market overview

Study Period2024 - 2033
Historic Year2024
Base Year2025
Forecast Period2026 - 2033
Market Size (Base Year)USD 184.6 Billion
Market Size (Forecast Year)USD 233.8 Billion
Growth Rate (CAGR)3.0 %
Fastest Growing MarketSouth America
Largest MarketAsia-Pacific
Market ConcentrationMedium

About this report

Fertilizers and crop nutrients are the materials farmers add to soil, crops or irrigation water to supply the nutrients that plants need to grow. The market covers nitrogen fertilizers such as ammonia, urea and ammonium nitrate, phosphate fertilizers such as DAP, MAP and triple superphosphate, potash fertilizers such as muriate of potash and sulfate of potash, and secondary and micronutrient products that supply sulfur, magnesium, zinc, boron and other elements.

Miners, gas-based nitrogen producers, phosphate processors, blenders and distributors, cooperatives, retailers and farmers all play a part. Because fertilizer is made from natural gas, phosphate rock, potash ore and sulfur, which are found in a small number of countries, the market is closely tied to energy prices, shipping routes and trade policy. This report treats supply security and price volatility as central themes and follows the market from manufacture to use on the farm. Animal feed supplements, crop-protection chemicals and seeds are adjacent categories and sit outside the core scope.

Food-security needs and the push for higher crop yields are the drivers while price volatility and concentrated supply are restraints

Every harvest removes nitrogen, phosphorus and potassium from the soil, and none of the three has a substitute, so farmers must replace them to keep yields up. Demand is supported by growing populations, rising food and feed needs, limited new farmland and policies that favour higher yields on existing land. Use has grown fastest in South America and in parts of Africa, where cropped area and farm output are expanding.

Newer products add to demand. Enhanced-efficiency fertilizers, controlled-release granules, liquid and fertigation products, and precision application that matches the dose to the field help farmers use less nutrient for the same crop, and governments and buyers increasingly ask for lower nutrient losses and lower emissions. Producers are also investing in new mines and plants, including lower-carbon ammonia, to widen supply.

However, fertilizer prices swing sharply, and farmers can delay purchases or cut application rates when prices rise, which hurts demand and makes planning hard for producers. Supply is concentrated: nitrogen depends on low-cost natural gas, most of the world's phosphate rock reserves are in one country in North Africa, and a few countries dominate potash. In 2026, disruption to shipping through the Strait of Hormuz, a key route for Gulf exports of urea, ammonia and sulfur, pushed fertilizer prices to their highest level since 2022 before they eased, a reminder of how quickly trade shocks reach farmers. Export restrictions have added to the uncertainty.

The nitrogen fertilizers segment is expected to account for a significant market share by the nutrient type segment

The global Fertilizer and Crop Nutrients market is mainly classified based on nutrient type, form, crop type and application mode. On the basis of nutrient type, the market is segmented into nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and secondary and micronutrients. Based on form, the market is divided into dry and granular, liquid and suspension, and controlled-release and specialty fertilizers. By crop type, the market is categorized into cereals and grains, oilseeds and pulses, fruits and vegetables, and other crops. On the basis of application mode, the market is segmented into soil application, foliar application and fertigation.

On the basis of nutrient type, nitrogen fertilizers, led by urea and ammonia-based products, are expected to hold the largest share. Nitrogen is the nutrient used in the greatest quantity worldwide, because cereals such as rice, wheat and maize respond strongly to it and it is lost from the soil every season. Phosphate and potash are used in smaller amounts but are essential for root growth and crop quality, and demand for them is growing fastest in Asia and South America. Liquid, controlled-release and fertigation products are small today and are expected to grow faster than conventional granules.

Interesting Facts of Fertilizer and Crop Nutrients Market:

  • Nitrogen, phosphorus and potassium are the three primary plant nutrients, and none of them has a substitute.
  • Most nitrogen fertilizer starts as ammonia, which is made from atmospheric nitrogen and hydrogen from natural gas, so gas prices strongly influence the cost of nitrogen.
  • Turning phosphate rock into phosphate fertilizer needs large amounts of sulfur, in the form of sulfuric acid, so sulfur prices move phosphate prices.
  • Canada is the world's largest producer of potash, and the United States imports most of the potash it uses.
  • Morocco holds by far the largest reserves of phosphate rock in the world, and China mines the most.
  • In November 2025, the United States added potash and phosphate rock to its list of critical minerals.

Asia-Pacific is expected to account for the largest share of the Fertilizer and Crop Nutrients industry, while South America is expected to grow fastest

Asia-Pacific is expected to hold the largest share of the global market. China and India are the two largest users of fertilizer in the world, and the region also makes much of the world's ammonia and mines much of its phosphate rock. Large farming populations, government support for fertilizer use and heavy rice and wheat production sustain demand, although growth in the largest markets has been slow in recent years as policies encourage more efficient use. Several Asian buyers are exposed to price and shipping shocks because they import fertilizer or the energy and raw materials to make it.

North America is a large, mature market. The United States and Canada use large amounts of nitrogen, phosphate and potash on corn, wheat and oilseeds. Canada is the world's largest potash producer, and the United States makes much of its nitrogen from low-cost natural gas, but it imports most of its potash and part of its phosphate rock.

Europe's use of fertilizer has been flat to falling for a decade, shaped by high energy costs, nutrient-management rules and the push to cut emissions. Russia and Belarus are major producers of potash and ammonia whose exports supply many other markets.

South America is expected to be the fastest-growing region. Brazil is one of the largest users of fertilizer in the world and its cropped area has expanded, and use of potash and phosphate in the region has grown faster over the past decade than in North America, Europe or Asia-Pacific. The United States Geological Survey expects Asia and South America to lead growth in potash and phosphate use to 2029.

The Middle East and Africa are central to supply. Morocco holds the largest phosphate rock reserves in the world, and Gulf producers make large volumes of ammonia, urea and sulfur, so the region's exports shape global prices and its shipping routes were at the centre of the 2026 price shock. Demand within Africa is small today but is growing as farmers expand fertilizer use.

Global Fertilizer and Crop Nutrients Market Key Players:

Some of the major competitors in the global Fertilizer and Crop Nutrients market include Nutrien Ltd., Yara International ASA, The Mosaic Company, CF Industries Holdings, Inc., OCP Group, ICL Group Ltd., K+S AG, EuroChem Group AG, PhosAgro, SABIC Agri-Nutrients Company, Indian Farmers Fertiliser Cooperative Limited, and Coromandel International Limited.

The Fertilizer and Crop Nutrients industry is moderately concentrated. A small number of large miners and integrated producers dominate potash and phosphate, while nitrogen is made by many companies close to low-cost natural gas, including state-owned and cooperative producers. Companies compete on cost position, access to raw materials and logistics, and are looking to strengthen their positions through capacity expansions, long-term supply agreements, lower-carbon ammonia projects, specialty and enhanced-efficiency products, and downstream distribution.

The following are some recent market developments:

  • In October 2025, a nitrogen producer began a controlled shutdown of its plant at Point Lisas in Trinidad and Tobago, citing restricted port access and a prolonged period of natural gas supply problems.
  • In October 2025, the United States Bureau of Land Management approved a new phosphate rock mine in Caribou County, Idaho, to replace an existing mine when that mine is depleted.
  • In November 2025, the United States published its final 2025 list of critical minerals, adding potash and phosphate rock to the list.
  • In April 2026, the World Bank's Commodity Markets Outlook warned that fertilizer prices were rising sharply because of export disruptions linked to the closure of the Strait of Hormuz, and said its fertilizer price index had reached its highest level since October 2022.
  • In May 2026, the World Bank said that Qatar had suspended production of urea, ammonia and sulfur after damage to key facilities, that Iran had halted ammonia production, and that China had moved to tighten fertilizer exports.

Frequently asked questions about the global Fertilizer and Crop Nutrients market

Q: What is the current size of the global Fertilizer and Crop Nutrients market?

Ans: The Fertilizer and Crop Nutrients market was valued at XX million US$ in 2025 and is projected to reach XX million US$ by 2033, at a CAGR of XX% during the forecast period.

Q: What are the major opportunities in the Fertilizer and Crop Nutrients industry?

Ans: Enhanced-efficiency and specialty fertilizers, lower-carbon ammonia, new potash and phosphate capacity, precision application and fast-growing demand in South America and Africa offer major opportunities.

Q: What is the primary growth driving factor for the Fertilizer and Crop Nutrients industry?

Ans: The main driver is the need to raise crop yields on limited farmland to meet food and feed demand, since nitrogen, phosphorus and potassium have no substitutes.

Q: Which region is expected to have the largest share of the Fertilizer and Crop Nutrients market?

Ans: Asia-Pacific is expected to have the largest share of the market, led by China and India, the two largest users of fertilizer.

Q: Which Nutrient Type segment will dominate the Fertilizer and Crop Nutrients market?

Ans: The nitrogen fertilizers segment is expected to dominate by nutrient type, led by urea and ammonia-based products.

Table of contents

  1. Fertilizer and Crop Nutrients Market - Introduction

    1. Market Definition
    2. Research Objective and Scope of the Report
  2. Fertilizer and Crop Nutrients Market - Research Methodology

  3. Fertilizer and Crop Nutrients Market - Executive Summary

    1. Market Snippet, By Nutrient Type
    2. Market Snippet, By Form
    3. Market Snippet, By Crop Type
    4. Market Snippet, By Application Mode
    5. Market Snippet, By Region
  4. Fertilizer and Crop Nutrients Market Dynamics

    1. Market Dynamics
      1. Drivers
      2. Restraints
    2. Market Trends & Opportunities
    3. Porter's Five Analysis
    4. Regulatory Analysis
    5. Key Developments
    6. Patent Analysis
  5. Fertilizer and Crop Nutrients Market - By Nutrient Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      2. Market Attractiveness Index, By Nutrient Type
    2. Nitrogen Fertilizers
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Phosphate Fertilizers
    4. Potash Fertilizers
    5. Secondary and Micronutrients
  6. Fertilizer and Crop Nutrients Market - By Form

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      2. Market Attractiveness Index, By Form
    2. Dry and Granular
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Liquid and Suspension
    4. Controlled-Release and Specialty
  7. Fertilizer and Crop Nutrients Market - By Crop Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      2. Market Attractiveness Index, By Crop Type
    2. Cereals and Grains
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Oilseeds and Pulses
    4. Fruits and Vegetables
    5. Other Crops
  8. Fertilizer and Crop Nutrients Market - By Application Mode

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
      2. Market Attractiveness Index, By Application Mode
    2. Soil Application
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Foliar Application
    4. Fertigation
  9. Fertilizer and Crop Nutrients Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (The U.S., Canada, Mexico)
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (Germany, France, The U.K., Poland, Russia, Rest of Europe)
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (Brazil, Argentina, Rest of South America)
    5. Asia-Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (China, India, Indonesia, Pakistan, Australia, Rest of Asia-Pacific)
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Nutrient Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Form
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application Mode
  10. Competitive Landscape

    1. Competitive Scenario
    2. Comparative Product Portfolio Analysis
    3. Market Positioning/Share Analysis
    4. Mergers and Acquisitions Analysis
    5. Company Profiles (company overview, product portfolio, financials, SWOT analysis)
      1. Nutrien Ltd.
      2. Yara International ASA
      3. The Mosaic Company
      4. CF Industries Holdings, Inc.
      5. OCP Group
      6. ICL Group Ltd.
      7. K+S AG
      8. EuroChem Group AG
      9. PhosAgro
      10. SABIC Agri-Nutrients Company
      11. Indian Farmers Fertiliser Cooperative Limited
      12. Coromandel International Limited
  11. Appendix

    1. About Us and Services
    2. Related Reports
    3. Contact Us

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Fertilizer and Crop Nutrients Market, Size, Share, Growth, Future Prospects, and Competitive Analysis, 2025-2033