인산 비료 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the phosphatic fertilizer market size is projected to grow from USD 30.78 billion in 2025 to USD 32.46 billion in 2026 and is forecast to reach USD 43.11 billion by 2031 at 5.8% CAGR over 2026-2031.

This report is Segmented by Type (Straight), Application Mode (Fertigation, Foliar, and More), Crop Type (Field Crops, Horticultural Crops, and More), and Geography (Asia-Pacific, Europe, South America, North America, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Global Phosphatic Fertilizer Market Trends and Insights

Surge in High-Analysis Fertilizer (DAP/MAP) Adoption

Transportation now accounts for up to 20% of delivered fertilizer cost in remote areas, pushing growers toward DAP and MAP that pack 1.7-to-2.0-times more P2O5 per ton than single superphosphate. Brazil's soybean belt illustrates the shift as cooperatives consolidate storage around highly concentrated grades to reduce freight charges. Rising diesel prices amplify logistics savings, while concentrated grades also reduce packaging waste -a benefit that aligns with tightening environmental regulations in many regions. Traders increasingly lock forward contracts for DAP to hedge against volatile freight markets, and distributors report double-digit drops in inventory carrying costs after pivoting to high-analysis products. Global producers with vertically integrated phosphate rock assets enjoy a cost advantage because they can switch product slates quickly to capture premium demand. As a result, the phosphatic fertilizer market registers stronger volume gains for DAP/MAP than total tonnage growth suggests, indicating an ongoing shift in composition rather than mere consumption expansion.

Government Subsidy Realignment in Asia-Pacific

India's DBT program redirects USD 14.4 billion annually from product-specific subsidies to farmer-centric transfers, driving adoption of balanced NPK formulations that often include higher phosphorus shares. Chinese incentives under the 14th Five-Year Plan tie payments to phosphorus use efficiency targets, rewarding growers who deploy precision equipment and low-cadmium inputs. These policies affect global flows because international suppliers must recalibrate capacity toward Asia-Pacific-preferred grades such as DAP and TSP. Short-term volume spikes follow each subsidy tranche, compelling importers to secure inventory earlier in the cycle. Longer term, premium products with controlled release or biological additives gain pricing power as farmers receive direct cash for sustainable practices rather than blanket price supports. For manufacturers, the Asia-Pacific policy overhaul magnifies revenue upside for technology-rich offerings, thereby accelerating R&D investment across the phosphatic fertilizer market.

Phosphate Rock Price Volatility

Export restrictions from Morocco and China-the two nations controlling the bulk of globally traded phosphate rock triggered 40-60% quarter-on-quarter price swings during 2024. Morocco's OCP Group dominates 75% of known reserves and uses discretionary shipment pacing to balance its internal upgrade pipeline, while China imposes quotas to shield domestic food-security priorities. Import-dependent regions such as Brazil and India experience landing-cost spikes that compress farm profits and prompt last-minute demand deferrals. Futures markets for phosphate rock remain thin, leaving processors exposed to spot volatility and short-cycle credit risks. Manufacturers hedge by diversifying sources, yet logistics bottlenecks and ore-quality differentials limit substitution flexibility. The resulting uncertainty undermines forward contracting, constrains inventory financing, and subtracts 1.4 percentage points from the phosphatic fertilizer market CAGR in the immediate term.

Other drivers and restraints analyzed in the detailed report include:

1. Rising Food-Grade Phosphate Demand for Specialty Crops
2. Precision Farming Enabling Phosphorus Use Efficiency
3. Stringent European Union Cadmium Limits Increasing Costs

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

DAP (Diammonium Phosphate) held the largest share of the phosphatic fertilizer market, accounting for 39.4% in 2025. This dominance is attributed to its balanced nitrogen-phosphorus composition, broad applicability across various crops, and a well-established distribution network in major agricultural markets. DAP is extensively used in cereals, oilseeds, and commercial crops due to its high nutrient concentration and cost-effective nutrient delivery. Additionally, monoammonium phosphate and other phosphate-based products continue to drive demand, particularly in intensive farming systems where efficient phosphorus management is essential for crop establishment and yield optimization.

Triple superphosphate (TSP) is projected to be the fastest-growing segment, with a projected CAGR of 8.2% during 2026-2031. This growth is driven by its high phosphorus concentration, compatibility with precision nutrient management programs, and increasing adoption in regions with phosphorus-deficient soils. As environmental regulations become stricter, TSP is gaining popularity due to its suitability for enhanced-efficiency fertilizer formulations and applications in specialty crops. Furthermore, emerging products such as ammonium polyphosphate solutions, micronutrient-fortified phosphates, and coated phosphate fertilizers are broadening the range of phosphorus delivery options available to growers. Over the forecast period, manufacturers are projected to focus on high-analysis and value-added phosphate products, promoting market growth through improved nutrient-use efficiency, reduced application intensity, and enhanced crop productivity.

Complete Report Scope:

• Type
  • Straight
    • Phosphatic
      • DAP
      • MAP
      • SSP
      • TSP
      • Others
• Application Mode
  • Fertigation
  • Foliar
  • Soil
• Crop Type
  • Field Crops
  • Horticultural Crops
  • Turf & Ornamental
• Geography
  • Asia-Pacific
    • Australia
    • Bangladesh
    • China
    • India
    • Indonesia
    • Japan
    • Pakistan
    • Philippines
    • Thailand
    • Vietnam
    • Rest of Asia-Pacific
  • Europe
    • France
    • Germany
    • Italy
    • Netherlands
    • Russia
    • Spain
    • Ukraine
    • United Kingdom
    • Rest of Europe
  • North America
    • Canada
    • Mexico
    • United States
    • Rest of North America
  • South America
    • Argentina
    • Brazil
    • Rest of South America
  • Middle East
    • Saudi Arabia
    • Turkey
    • United Arab Emirates
    • Rest of Middle East
  • Africa
    • Egypt
    • Nigeria
    • South Africa
    • Rest of Africa

Geography Analysis

Asia-Pacific accounted for the largest phosphatic fertilizer market share, 46.5% in 2025, driven by strong demand from major agricultural economies such as China and India. Government-supported nutrient management programs, increasing adoption of balanced fertilization practices, and rising crop productivity requirements continue to support phosphate fertilizer consumption across the region. Southeast Asian countries also contribute significantly to demand as rice, palm oil, and horticultural producers increasingly adopt high-efficiency phosphorus products to improve yields and nutrient-use efficiency. As a result, Asia-Pacific remains the largest regional market for phosphatic fertilizers.

Africa is anticipated to be the fastest-growing regional market, with a projected CAGR of 7.4% during 2026-2031. This growth is driven by the expansion of commercial agriculture, increased investments in food security initiatives, higher fertilizer application rates, and the rising cultivation of cereals, horticultural crops, and export-oriented cash crops. The Middle East remains a significant contributor to regional demand, supported by ongoing investments in fertilizer production capacity, agricultural modernization programs, and irrigated farming systems, which are projected to bolster phosphatic fertilizer consumption across the region during the forecast period.

North America is projected to witness steady growth, supported by widespread adoption of precision agriculture technologies and continued demand from large-scale corn and soybean production systems. Europe is anticipated to expand at a comparatively moderate pace due to mature agricultural markets, stringent environmental regulations, and nutrient-use optimization initiatives. Meanwhile, South America continues to offer attractive growth opportunities, supported by expanding soybean, corn, and sugarcane cultivation, particularly in Brazil and Argentina, reinforcing long-term phosphatic fertilizer demand across the region.

1. PhosAgro PJSC
2. EuroChem Group AG
3. Nutrien Ltd.
4. Coromandel International Limited
5. CF Industries Holdings Inc.
6. Indian Farmers Fertilizer Cooperative Limited (IFFCO)
7. K+S Aktiengesellschaft
8. Koch Fertilizer LLC
9. SABIC Agri-Nutrients Company
10. OCP Group
11. The Mosaic Company
12. ICL Group Ltd.
13. Yara International ASA
14. J.R. Simplot Company
15. DAP Fertilizers Public Co. (KSA)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study
• 1.3 Research Methodology

2 REPORT OFFERS

3 EXECUTIVE SUMMARY & KEY FINDINGS

4 KEY INDUSTRY TRENDS

• 4.1 Acreage Of Major Crop Types
  • 4.1.1 Field Crops
  • 4.1.2 Horticultural Crops
• 4.2 Average Nutrient Application Rates
  • 4.2.1 Primary Nutrients
    • 4.2.1.1 Field Crops
    • 4.2.1.2 Horticultural Crops
• 4.3 Agricultural Land Equipped For Irrigation
• 4.4 Regulatory Framework
• 4.5 Value Chain & Distribution Channel Analysis
• 4.6 Market Drivers
  • 4.6.1 Surge in high-analysis fertilizer (DAP/MAP) adoption
  • 4.6.2 Government subsidy realignment in Asia-Pacific
  • 4.6.3 Rising food-grade phosphate demand for specialty crops
  • 4.6.4 Precision farming enabling phosphorus use efficiency
  • 4.6.5 Controlled-release phosphate coatings adoption
  • 4.6.6 Low-cadmium African phosphate rock supply growth
• 4.7 Market Restraints
  • 4.7.1 Phosphate rock price volatility
  • 4.7.2 Stringent European Union cadmium limits increasing costs
  • 4.7.3 Shift toward biofertilizers and P-solubilizing microbes
  • 4.7.4 Eutrophication-driven application caps in North America and European Union

5 MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

• 5.1 Type
  • 5.1.1 Straight
    • 5.1.1.1 Phosphatic
      • 5.1.1.1.1 DAP
      • 5.1.1.1.2 MAP
      • 5.1.1.1.3 SSP
      • 5.1.1.1.4 TSP
      • 5.1.1.1.5 Others
• 5.2 Application Mode
  • 5.2.1 Fertigation
  • 5.2.2 Foliar
  • 5.2.3 Soil
• 5.3 Crop Type
  • 5.3.1 Field Crops
  • 5.3.2 Horticultural Crops
  • 5.3.3 Turf & Ornamental
• 5.4 Geography
  • 5.4.1 Asia-Pacific
    • 5.4.1.1 Australia
    • 5.4.1.2 Bangladesh
    • 5.4.1.3 China
    • 5.4.1.4 India
    • 5.4.1.5 Indonesia
    • 5.4.1.6 Japan
    • 5.4.1.7 Pakistan
    • 5.4.1.8 Philippines
    • 5.4.1.9 Thailand
    • 5.4.1.10 Vietnam
    • 5.4.1.11 Rest of Asia-Pacific
  • 5.4.2 Europe
    • 5.4.2.1 France
    • 5.4.2.2 Germany
    • 5.4.2.3 Italy
    • 5.4.2.4 Netherlands
    • 5.4.2.5 Russia
    • 5.4.2.6 Spain
    • 5.4.2.7 Ukraine
    • 5.4.2.8 United Kingdom
    • 5.4.2.9 Rest of Europe
  • 5.4.3 North America
    • 5.4.3.1 Canada
    • 5.4.3.2 Mexico
    • 5.4.3.3 United States
    • 5.4.3.4 Rest of North America
  • 5.4.4 South America
    • 5.4.4.1 Argentina
    • 5.4.4.2 Brazil
    • 5.4.4.3 Rest of South America
  • 5.4.5 Middle East
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 Turkey
    • 5.4.5.3 United Arab Emirates
    • 5.4.5.4 Rest of Middle East
  • 5.4.6 Africa
    • 5.4.6.1 Egypt
    • 5.4.6.2 Nigeria
    • 5.4.6.3 South Africa
    • 5.4.6.4 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Key Strategic Moves
• 6.2 Market Share Analysis
• 6.3 Company Landscape
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments)
  • 6.4.1 PhosAgro PJSC
  • 6.4.2 EuroChem Group AG
  • 6.4.3 Nutrien Ltd.
  • 6.4.4 Coromandel International Limited
  • 6.4.5 CF Industries Holdings Inc.
  • 6.4.6 Indian Farmers Fertilizer Cooperative Limited (IFFCO)
  • 6.4.7 K+S Aktiengesellschaft
  • 6.4.8 Koch Fertilizer LLC
  • 6.4.9 SABIC Agri-Nutrients Company
  • 6.4.10 OCP Group
  • 6.4.11 The Mosaic Company
  • 6.4.12 ICL Group Ltd.
  • 6.4.13 Yara International ASA
  • 6.4.14 J.R. Simplot Company
  • 6.4.15 DAP Fertilizers Public Co. (KSA)

7 KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS