세계의 비료 시장 : 시장 예측 - 제품 유형별, 형태별, 작물 유형별, 용도별, 지역별 분석(-2032년)

According to Stratistics MRC, the Global Fertilizers Market is accounted for $402.5 billion in 2025 and is expected to reach $680.9 billion by 2032 growing at a CAGR of 7.8% during the forecast period. Fertilizers are substances applied to soil or plants to enhance growth and productivity by supplying essential nutrients like nitrogen, phosphorus, and potassium. They can be organic, derived from natural sources like compost and manure, or inorganic, produced synthetically to provide precise nutrient formulations. Fertilizers play a crucial role in modern agriculture, helping improve crop yields, soil fertility, and food security. Sustainable fertilizer practices, including slow-release and bio-based alternatives, are being adopted globally to balance agricultural productivity with ecological conservation, ensuring long-term soil health and sustainability.

According to the Food and Agriculture Organization, 70% of the global population is expected to live in cities by 2050.

Market Dynamics:

Driver:

Government subsidies & policies

Government initiatives promoting agricultural productivity through fertilizer subsidies are accelerating market growth. Programs like India's PM-KISAN and the EU's Common Agricultural Policy (CAP) incentivize fertilizer adoption among farmers. Subsidies for urea and NPK fertilizers in emerging economies reduce financial burdens on smallholders, boosting demand. Policies encouraging balanced nutrient use to enhance soil health further drive market expansion. Additionally, climate-focused subsidies for low-carbon fertilizers align with global sustainability goals.

Restraint:

Fluctuating raw material costs

Volatility in prices of key inputs like natural gas, phosphate rock, and potash disrupts fertilizer production costs. Geopolitical tensions, such as the Russia-Ukraine conflict, exacerbate supply chain uncertainties for critical minerals. These fluctuations strain profit margins for manufacturers, leading to unstable pricing for end-users. Farmers in developing regions face affordability challenges, delaying purchases and reducing application rates. Energy-intensive production processes further amplify cost risks amid shifting fuel markets.

Opportunity:

Nano & liquid fertilizers

Innovations in nano-coated and liquid formulations enhance nutrient efficiency and reduce environmental leaching. Companies like IFFCO and Haifa Group are investing in precision delivery systems for targeted crop uptake. These products cater to water-scarce regions by minimizing waste and improving yield consistency. Rising adoption of fertigation and foliar spraying techniques supports market penetration. Regulatory approvals for eco-friendly nano-fertilizers also open doors in organic farming sectors.

Threat:

Dependency on imports

Many countries rely heavily on imported fertilizers, exposing them to trade disruptions and currency risks. For instance, India imports 30-40% of its potash, leaving it vulnerable to global price spikes. Sanctions on major exporters like Russia and Belarus strain supply chains for key markets. Geopolitical instability in resource-rich regions compounds delivery delays and inventory shortages. Over-reliance on imports also limits domestic price control and agricultural resilience.

Covid-19 Impact:

The pandemic disrupted fertilizer supply chains, causing temporary shortages and price surges lockdowns delayed mining, production, and logistics, particularly in China and North Africa. However, governments prioritized agriculture as an essential sector, easing restrictions to stabilize supplies. Post-pandemic, demand rebounded sharply due to food security concerns and stockpiling. The crisis also accelerated digitization in fertilizer distribution and precision farming practices.

The organic segment is expected to be the largest during the forecast period

The organic segment is expected to account for the largest market share during the forecast period due to rising consumer preference for chemical-free and environmentally friendly food products. Governments worldwide are supporting organic farming with subsidies, certification schemes, and awareness programs. Increasing soil degradation has also pushed farmers toward sustainable soil-enriching alternatives. The growth of the organic food industry is directly influencing demand for natural and bio-based fertilizers. Moreover, the use of organic waste in fertilizer production aligns with global circular economy initiatives.

The conventional segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the conventional segment is predicted to witness the highest growth rate due to their widespread availability and fast-acting nature. Farmers in high-yield agricultural zones prefer conventional fertilizers for their quick results and familiarity. Ongoing mechanization and precision agriculture are enabling more efficient application of traditional fertilizers. Emerging economies continue to invest in conventional inputs to enhance food productivity and meet rising demand. Furthermore, innovations in coating and slow-release technologies are improving the performance of conventional products.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share owing to its large agricultural base and increasing food demand from dense populations. Countries like India and China are witnessing strong governmental backing for fertilizer subsidies and rural development. Expanding farmland under cultivation and diverse cropping patterns are boosting fertilizer usage across the region. The presence of major producers and exporters also reinforces Asia Pacific's dominance. Additionally, regional innovation in biofertilizers and nutrient management practices is driving sustainable market expansion.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR due to Precision agricultural technologies and adoption of specialty fertilizers propel growth. The U.S. Farm Bill's focus on sustainable practices supports biofertilizer R&D. Canada's potash exports and Mexico's agro-industrial growth further stimulate regional dynamics. Climate-smart policies and carbon credit programs incentivize low-emission fertilizer production.

Key players in the market

Some of the key players in Fertilizers Market include Westfarmers, Yara International, Nutrien, The Mosaic Company, CF Industries Holdings, K+S Group, EuroChem Group, Israel Chemicals, OCP Group, Haifa Group, IFFCO, Sinofert Holdings Limited, Coromandel International Limited, Uralkali, Bunge Limited, and Syngenta.

Key Developments:

In February 2025, Coromandel International Limited received an order from the Government of Andhra Pradesh extending capital and other subsidies for the proposed investment of ₹1,539 crore towards the expansion of the fertilizer manufacturing facility at Kakinada. The incentives include 45% of eligible Fixed Capital Investment, subject to certain compliances and conditions.

In December 2024, Coromandel International partnered with International Fertilizer Development Center (IFDC) to advance fertilizer innovation and sustainable agriculture in India. The collaboration focuses on next-generation fertilizers to enhance nutrient efficiency and reduce environmental impact.

In September 2024, Mosaic Company reported operational disruptions affecting its Potash and Phosphate segments, reducing third-quarter production and shipment volumes. Despite challenges, the company-maintained resilience in financial outlook and continued share buyback programs.

Products Covered:

• Organic
• Inorganic
• Other Products

Forms Covered:

• Conventional
• Speciality
• Other Forms

Crop Types Covered:

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other Crop Types

Applications Covered:

• Soil Application
• Foliar Application
• Fertigation
• Seed Treatment
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Fertilizers Market, By Product

• 5.1 Introduction
• 5.2 Organic
  • 5.2.1 Plant based
  • 5.2.2 Animal based
  • 5.2.3 Mineral based
• 5.3 Inorganic
  • 5.3.1 Nitrogen
  • 5.3.2 Phosphorus
  • 5.3.3 Potassium
• 5.4 Other Products

6 Global Fertilizers Market, By Form

• 6.1 Introduction
• 6.2 Conventional
• 6.3 Speciality
  • 6.3.1 CRF
  • 6.3.2 Liquid Fertilizer
  • 6.3.3 SRF
• 6.4 Other Forms

7 Global Fertilizers Market, By Crop Type

• 7.1 Introduction
• 7.2 Cereals & Grains
• 7.3 Oilseeds & Pulses
• 7.4 Fruits & Vegetables
• 7.5 Other Crop Types

8 Global Fertilizers Market, By Application

• 8.1 Introduction
• 8.2 Soil Application
• 8.3 Foliar Application
• 8.4 Fertigation
• 8.5 Seed Treatment
• 8.6 Other Applications

9 Global Fertilizers Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Westfarmers
• 11.2 Yara International
• 11.3 Nutrien
• 11.4 The Mosaic Company
• 11.5 CF Industries Holdings
• 11.6 K+S Group
• 11.7 EuroChem Group
• 11.8 Israel Chemicals
• 11.9 OCP Group
• 11.10 Haifa Group
• 11.11 IFFCO
• 11.12 Sinofert Holdings Limited
• 11.13 Coromandel International Limited
• 11.14 Uralkali
• 11.15 Bunge Limited
• 11.16 Syngenta