Market Overview:
The global fertilizer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food due to the growing population and rising income levels, coupled with the increasing awareness about efficient utilization of fertilizers among farmers. In terms of type, the nitrogen segment is expected to dominate the global fertilizer market during the forecast period, owing to its high demand for crops such as cereals and pulses. However, in terms of CAGR,the phosphate segment is projectedto grow at a higher rate than other segments duringthe forecast period.
Product Definition:
Fertilizer is a material added to soil to improve its fertility. The main types of fertilizer are organic and inorganic. Organic fertilizers come from animal or plant sources, while inorganic fertilizers come from mineral sources. Fertilizer is important for plants because it provides them with essential nutrients, such as nitrogen, phosphorus, and potassium.
Nitrogen:
Nitrogen is an important component in the growth of plants. It helps in the development of chlorophyll which enables plants to absorb sunlight and grow. Nitrogen is also known as a macronutrient, which means it’s a vital nutrient for all organisms, necessary for life and health. It’s an essential element for all living things on earth except bacteria (which usually get plenty of other nutrients). The amount needed by bacteria varies widely depending on what they are doing.
Phosphate:
Phosphate is a mineral, which occurs in nature as well as can be produced artificially. It has six different forms namely phosphates of calcium, magnesium, potassium, sodium, and iron; it can also occur in combination with sulfur and other minerals.
Application Insights:
The agriculture application segment accounted for the largest revenue share of over 70% in 2017. The segment is likely to witness a decline in demand from 2018 due to rise in awareness among farmers about the harmful effects of synthetic fertilizers and pesticides on environment and human health.
The forestry application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increase government spending on infrastructure development particularly roads, railways and airports across various regions which will result into increased production leading to higher consumption of fertilizers used for farming purposes.
Regional Analysis:
Asia Pacific dominated the global fertilizer market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand for fertilizers since past few years due to rapid industrialization and agricultural growth. China, India, Japan, Australia are some of the major countries that contribute towards significant share of Asia Pacific market.
China is one of the leading producers as well as consumers of fertilizers across the globe owing to presence of large area under cultivation as compared to its total land area which supports further increase in production output with proper application techniques. In addition, high population density coupled with government support for increasing food production through investments on modern agriculture technologies such as precision farming is anticipated to drive regional product demand over next eight years from 2018 till 2030 time frame.
Growth Factors:
- Population growth – The world population is projected to grow from 7.3 billion in 2014 to 9.7 billion by 2050, according to the United Nations Department of Economic and Social Affairs (UNDESA). This will result in an increased demand for food, which will drive the need for fertilizer use.
- Urbanization – As people move into cities, their diets change and they become more reliant on processed foods that require more fertilizer inputs than traditional farming methods.
- Increased crop yields – Fertilizer use has been shown to increase crop yields, helping to meet the increasing demand for food around the world. In some cases, it can even double or triple yields!
Scope Of The Report
Report Attributes
Report Details
Report Title
Fertilizer Market Research Report
By Type
Nitrogen, Phosphate, Others
By Application
Agriculture, Forestry
By Companies
Yara, Mosaic, Nutrien, Eurochem, Nutrien, Yara
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Fertilizer Market Report Segments:
The global Fertilizer market is segmented on the basis of:
Types
Nitrogen, Phosphate, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Forestry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yara
- Mosaic
- Nutrien
- Eurochem
- Nutrien
- Yara
Highlights of The Fertilizer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nitrogen
- Phosphate
- Others
- By Application:
- Agriculture
- Forestry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fertilizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fertilizer is a material that helps plants grow. It comes in many forms, including water, manure, and compost. Fertilizers are usually added to soil before planting or when the plant is growing.
Some of the major companies in the fertilizer market are Yara, Mosaic, Nutrien, Eurochem, Nutrien, Yara.
The fertilizer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fertilizer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fertilizer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fertilizer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fertilizer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fertilizer Market Size & Forecast, 2018-2028
4.5.1 Fertilizer Market Size and Y-o-Y Growth
4.5.2 Fertilizer Market Absolute $ Opportunity
Chapter 5 Global Fertilizer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fertilizer Market Size Forecast by Type
5.2.1 Nitrogen
5.2.2 Phosphate
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fertilizer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fertilizer Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Forestry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fertilizer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fertilizer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fertilizer Analysis and Forecast
9.1 Introduction
9.2 North America Fertilizer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fertilizer Market Size Forecast by Type
9.6.1 Nitrogen
9.6.2 Phosphate
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fertilizer Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Forestry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fertilizer Analysis and Forecast
10.1 Introduction
10.2 Europe Fertilizer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fertilizer Market Size Forecast by Type
10.6.1 Nitrogen
10.6.2 Phosphate
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fertilizer Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Forestry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fertilizer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fertilizer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fertilizer Market Size Forecast by Type
11.6.1 Nitrogen
11.6.2 Phosphate
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fertilizer Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Forestry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fertilizer Analysis and Forecast
12.1 Introduction
12.2 Latin America Fertilizer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fertilizer Market Size Forecast by Type
12.6.1 Nitrogen
12.6.2 Phosphate
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fertilizer Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Forestry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fertilizer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fertilizer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fertilizer Market Size Forecast by Type
13.6.1 Nitrogen
13.6.2 Phosphate
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fertilizer Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Forestry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fertilizer Market: Competitive Dashboard
14.2 Global Fertilizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yara
14.3.2 Mosaic
14.3.3 Nutrien
14.3.4 Eurochem
14.3.5 Nutrien
14.3.6 Yara
