Fertilizers Market: Market Size, Trends and Growth Analysis

Fertilizer Market Trends and Forecast
The future of the fertilizer market looks promising with opportunities in the farming and gardening market. The global fertilizer market is expected to reach an estimated $257.2 billion by 2027 with a CAGR of 2.7% from 2021 to 2027. The major drivers for this market are growing population which leads to increasing demand for food and decreasing per capita arable land.

A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the fertilizer market report, please download the report brochure.

Fertilizer Market by Segment
The study includes a forecast for the global fertilizer market by crop type, form, product, application, and region as follows:
Fertilizer Market by Crop Type [Value ($B) shipment analysis for 2016 – 2027]:

• Cereals and grains
• Oilseeds and pulses
• Fruits and vegetables
• Others

Fertilizer Market by Form [Value ($B) shipment analysis for 2016 – 2027]:

• Dry
• Liquid

Fertilizer Market by Product [Value ($B) shipment analysis for 2016 – 2027]:

• Organic
• Inorganic

Fertilizer Market by Application [Value ($B) shipment analysis for 2016 – 2027]:

• Farming
• Gardening

Fertilizer Market by Region [Value ($B) shipment analysis for 2016 – 2027]:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • The United Kingdom
  • France
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• The Rest of the World
  • Brazil
  • Argentina

List of Fertilizer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fertilizer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fertilizer companies profiled in this report includes.

• The Mosaic Company
• Yara International
• Nutrien Limited
• K+S Group
• Groupe OCP

Fertilizer Market Insight

• Lucintel forecasts that fertilizers for cereals and grains will remain the largest segment over the forecast period due to increasing demand of different types of grains across the globe.
• Dry will remain the largest segment by form over the forecast period as they are dry or granular and are easier to store and do not require particular storage conditions. 
• Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growing population followed by increasing demand for enhanced food production in China, India, and other countries of the region.

Features of Fertilizer Market

• Market Size Estimates: Fertilizer market size estimation in terms of value ($B)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: Market size by crop type, form, product, and application,
• Regional Analysis: Fertilizer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different crop type, form, product, application, and region for the fertilizer market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the fertilizer market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ
Q1. What is the fertilizer market size?
Answer: The global fertilizer market is expected to reach an estimated $257.2 billion by 2027  
Q2. What is the growth forecast for fertilizer market?
Answer: The fertilizer market is expected to grow at a CAGR of 2.7% from 2021 to 2027.         
Q3. What are the major drivers influencing the growth of the fertilizer market?
Answer: The major drivers for this market are growing population which leads to increasing demand for food and decreasing per capita arable land.
Q4. What are the major applications or end use industries for fertilizer?
Answer: Farming and gardening are the major end use industries for facial cleanser.    
Q5. Who are the key fertilizer companies?
Answer: Some of the key fertilizer companies are as follows:

• The Mosaic Company
• Yara International
• Nutrien Limited
• K+S Group
• Groupe OCP

Q7. Which fertilizer product segment will be the largest in future?
Answer: Lucintel forecasts that dry will remain the largest segment by form over the forecast period as they are dry or granular and are easier to store and do not require particular storage conditions. 
Q8. In fertilizer market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years 
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global fertilizer market by crop type (cereals and grains, oilseeds and pulses, fruits and vegetables, and others), product (organic and inorganic), form (dry and liquid), application (farming and gardening), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?