Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Specialty Fertilizers Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Specialty Fertilizers Market Grow Between 2024 and 2025?
The Specialty Fertilizers market has seen significant growth in past years. The market size was $30.4 billion in 2024 and is projected to increase to $32.07 billion in 2025, with a compound annual growth rate (CAGR) of 5.5%. The historical growth trend in the Specialty Fertilizers market indicates strong growth.
How Much Will the Specialty Fertilizers Market Be Worth in 2029?
The Specialty Fertilizers market is predicted to reach a market size of $42.26 billion in 2029. The Compound Annual Growth Rate (CAGR) for this period is estimated at 7.1%.
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Which Specialty Fertilizers Market Drivers Are Linked to Revenue Growth?
The key Drivers in the specialty fertilizers market are:
• Rising demand for agricultural goods due to increasing global population
• The need for enhanced crop production to meet growing food requirements
• Utilization of specialty fertilizers for specialized plant activity to increase yield
• The goal of achieving zero-hunger which necessitates an increase in agricultural productivity.
Which Segments Are Expected to Grow in the Specialty Fertilizers Market?
The specialty fertilizersmarket covered in this report is segmented –
1) By Type: Controlled Release Fertilizers, Water Soluble Fertilizers, Agricultural Micronutrients, Customized Fertilizers
2) By Crop: Cereals, Pulses And Oil Seeds, Fruits And Vegetables, Trufs And Ornamentals, Other Crops
3) By Form: Dry, Liquid
4) By Technology: Slow-Release, N-Stabilizers, Coated And Encapsulated, Chelated
5) By Application: Soil, Foliar, Fertigation
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What Are The Key Trends Impacting Growth In The Global Specialty Fertilizers Market?
The key trends in the specialty fertilizers market are:
• The application of new technologies is a rising trend in the specialty fertilizers market.
• Market stakeholders are leveraging technological innovations to maintain their market standing.
• The development and use of biodegradable controlled release fertilizer technology is a notable trend.
• This technology promotes greater crop yields while minimizing fertilizer usage.
Who Are the Key Competitors in the Global Specialty Fertilizers Market?
The key players in the specialty fertilizers market are:
• Koch Industries Inc.
• Nutrien Ltd.
• Yara International ASA
• The Mosaic Company
• CF Industries Holdings Inc.
• The OCP Group
• EuroChem Group
• Sociedad Quimica y Minera SA
• Israel Chemicals Ltd.
• J.R. Simplot Company
• K+S Aktiengesellschaft
• Wilbur-Ellis Company
• Nufarm Canada
• Coromandel International Limited
• Arab Potash Company
• Haldor Topsoe A/S
• Compo Expert GmbH
• Sinochem Group
• Valagro S.p.A.
• Haifa Group
• Helena Agri-Enterprises LLC
• Miller Chemical & Fertilizer LLC
• Kugler Company
• Suståne Natural Fertilizer Inc.
• Van Iperen International
• Greenway Biotech Inc.
• Daymsa
• Sapec Agro S.A.
• Rural Liquid Fertilisers
Where Is the Specialty Fertilizers Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the specialty fertilizers market in 2024
