Fertilizers Market To Reach $275.0 Billion by 2035

Fertilizers Market is projected to grow from $190.0 billion in 2025 to $275.0 billion by 2035, registering a CAGR of 3.8% during the forecast period (2026–2035). The global fertilizers market is driven by increasing adoption of modern agricultural practices, government support programs and subsidies, rising awareness of soil nutrient deficiencies, and growing use of specialty and micronutrient fertilizers. Government-led initiatives in countries such as India, China, and Brazil promote balanced fertilizer application through schemes focused on soil health management and precision farming. For example, India’s Soil Health Card Scheme provides farmers with soil-specific nutrient recommendations, which helps optimize fertilizer application rates and improve input efficiency. This has resulted in increased demand for customized fertilizers tailored to specific soil conditions and crop requirements.

Browse the full report description of “Fertilizers Market Size, Share & Trends Analysis Report, By Nutrient Type (Nitrogenous, Phosphatic, Potassic, Others), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Cash Crops), By Form (Dry, Liquid), By Application Method (Soil Application, Foliar Application, Fertigation), Forecast Period (2026–2035)” at https://www.omrglobal.com/industry-reports/fertilizers-market

Furthermore, the growing identification of micronutrient deficiencies—such as zinc, boron, and sulphur in agricultural soils has accelerated the adoption of specialty fertilizers designed to address these gaps. Farmers are increasingly shifting from conventional bulk fertilizers to value-added products that enhance nutrient uptake and reduce wastage. In addition, the integration of precision farming technologies, including soil testing, remote sensing, and data-driven nutrient management, is enabling more targeted fertilizer use. These developments contribute to improved soil health, sustained agricultural productivity, and steady growth in fertilizer consumption across both developed and emerging economies.

Competitive Landscape

Key companies operating in the global fertilizers market include Nutrien Ltd., Yara International ASA, CF Industries Holdings, Inc., The Mosaic Company, and OCP Group S.A., among others. These companies operate across the fertilizer value chain, including extraction of raw materials such as phosphate rock, natural gas, and potash, along with large-scale manufacturing of nitrogen, phosphate, and potash (NPK) fertilizers. They focus on capacity expansion, modernization of production facilities, and improving operational efficiency to meet rising agricultural demand.

In addition, market participants are investing in the development of specialty fertilizers, including controlled-release and water-soluble products, to enhance nutrient use efficiency and reduce environmental impact. The integration of precision agriculture technologies is also increasing, enabling optimized fertilizer application and minimizing nutrient losses. Furthermore, these companies are strengthening their global distribution networks and entering strategic partnerships and acquisitions to expand their presence in key agricultural regions and ensure stable supply amid fluctuating raw material prices and regulatory requirements.

Recent Development

• In November 2025, Mitsubishi Heavy Industries, Ltd. signed an EPC contract with Turkmenhimiya for the construction of a large-scale ammonia and urea fertilizer production complex in Turkmenistan. The plant will have a production capacity of 2,000 metric tons/day of ammonia and 3,500 metric tons/day of urea, with operations expected to begin in 2030. The project includes CO? capture technology to reduce environmental impact, supporting sustainable fertilizer production. This development strengthens global nitrogen fertilizer supply and enhances production capacity within the global fertilizers market.
• In June 2025, Solar Energy Corporation of India Limited (SECI) launched a landmark green ammonia tender targeting the supply of 724,000 tonnes annually across 13 fertilizer plants under the National Green Hydrogen Mission. The initiative promotes the production of ammonia using renewable energy, reducing dependence on fossil fuels and lowering carbon emissions in fertilizer manufacturing. This development supports the transition toward sustainable nitrogen fertilizers and strengthens domestic fertilizer production, impacting the global fertilizers market.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
• By Nutrient Type
• By Crop Type
• By Form
• By Application Method

Competitive Landscape – Nutrien Ltd., Yara International ASA, CF Industries Holdings, Inc., The Mosaic Company, and OCP Group S.A., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Fertilizers Market Report Segment

By Nutrient Type

• Nitrogenous Fertilizers
• Phosphatic Fertilizers
• Potassic Fertilizers
• Others

By Crop Type

• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Cash Crops

By Form

• Dry Fertilizers
• Liquid Fertilizers

By Application Method

• Soil Application
• Foliar Application
• Fertigation

Global Fertilizers Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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