Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Compound Fertilizer Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Compound Fertilizer Market Growth?
The Compound Fertilizer market has exhibited consistent growth over recent years. In 2024, the market value was $9.2 billion, and it is projected to reach $9.66 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 5.0%.
What Is the Predicted Industry Size and CAGR of the Compound Fertilizer Market in 2029?
The Compound Fertilizer market is projected to expand to a size of $12.28 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.2%.
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Which Factors Are Driving Growth in the Compound Fertilizer Market?
The key Drivers in the compound fertilizer market are:
• Rising demand due to increased cultivation of crops like rice, wheat, and corn
• Wide use of compound fertilizers in crop production for uniform nutrient distribution
• The role of compound fertilizers in enhancing soil fertility
• The positive environmental impact of compound fertilizers in agriculture.
Which Segment Trends Are Covered in the Compound Fertilizer Market Forecast?
The compound fertilizermarket covered in this report is segmented –
1) By Type: Two-Element Compound Fertilizer, Three-Element Compound Fertilizer
2) By Application: Rice, Wheat, Corn, Fruit Trees, Vegetables, Tobacco, Other Applications
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What Are the Current Market Trends in the Compound Fertilizer Industry?
The key trends in the compound fertilizer market are:
• There is an observable trend in the increase of investments in compound fertilizers market.
• Major research institutions and companies are widely participating in the development of this market.
• Novel technologies and programs are emerging for effective fertilizer production.
• There is a shift towards recycling and manufacturing of decarbonized fertilizers.
Who are the Key Companies in the Compound Fertilizer Market?
The key players in the compound fertilizer market are:
• Hanfeng Evergreen
• Kingenta Ecological Engineering Co. Ltd.
• Luxi Chemical Group Co. Ltd.
• Stanley Fertilizer Co. Ltd.
• WengFu Group
• Hubei Xinyangfeng Fertilizer Industry Co. Ltd.
• Yara International ASA
• Sinochem Corporation
• The Mosaic Company
• EcoChem
• K+S Aktiengesellschaft
• ICL Group Ltd.
• Helena Agri-Enterprises LLC
• Haifa Negev technologies ltd.
• Lebanon Seaboard Corporation
• EuroChem Group AG
• Nutrien Ltd.
• Garsoni Fertilizer Inc.
• Wilbur-Ellis Company LLC
• Sinofert Holdings Limited
• OCP Group
• PhosAgro
• Agrium
• Growth Products Ltd.
• Potash Corporation of Saskatchewan Inc.
• Kugler Company
• Indian Farmers Fertiliser Co-operative Limited
• Israel Chemicals Ltd.
• Sociedad Química y Minera
• Uralkali
What are the Regional Trends Across the Compound Fertilizer Market?
Asia-Pacific was the largest region in the compound fertilizer market in 2024
