Home > Agriculture > Crop Care > Agrochemicals > Fertilizer Market

Fertilizer Market Share

Report ID: GMI4577
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Fertilizer Market Share

Fertilizer Market Company Market, (2023)

The market exhibits a moderate degree of concentration, with large players like Yara International ASA, SABIC, among others. However, a substantial portion (roughly 55-60%) comes from numerous smaller companies and regional players, creating a fragmented landscape. Larger players offer various price points based on volume and complexity. Distribution networks are a key focus, ensuring efficient supply chain management and timely delivery.

The industry faced challenges such as volatile raw material prices, regulatory changes, and the need to address environmental issues associated with fertilizer use. Overall, the competitive landscape in the fertilizer market reflected a balance between global giants and regional players, with a continual focus on innovation, sustainability, and strategic partnerships to maintain market share and meet the growing global demand for agricultural inputs.

Fertilizer Market Share

Major players operating in the fertilizer market include:

Yara International ASA
Nutrien Ltd.
The Mosaic Company
CF Industries Holdings, Inc.
K+S Group
EuroChem Group AG
Israel Chemicals Ltd.
OCP Group
Haifa Group
IFFCO
Sinofert Holdings Limited
Coromandel International Limited
Uralkali
Bunge Limited
Syngenta AG

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Global fertilizer industry was valued at USD 202 billion in 2023 and is anticipated to register a CAGR of over 2.7% between 2024 and 2032, owing to a rising global population and increasing demand for food production.

Dry fertilizers segmented accounted for USD 169 billion in 2023 and will continue to grow, owing to its versatility and widespread use in various agriculture applications.

Asia Pacific fertilizer market generated a revenue of over USD 101 billion in 2023 and will record a notable growth through 2032, owing to humongous population, along with the adoption of modern agricultural practices and technologies.

Yara International ASA, Nutrien Ltd., The Mosaic Company, CF Industries Holdings, Inc., K+S Group, EuroChem Group AG, Israel Chemicals Ltd., OCP Group, and Haifa Group among others.