Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Fertilizer Additives Market: By Type, By Form, By Application, Mono Ammonium Phosphate, Triple Super Phosphate, Urea, Others, and Region Forecast 2019-2030
Fertilizer Additives Market size was valued at US$ 5,583.2 million in 2023 and is anticipated to grow at a CAGR of 3.8% from 2024-2030. Fertilizer additives are substances or products that are added to fertilizers to enhance their effectiveness, improve nutrient uptake by plants, or provide other benefits. Fertilizer additives including essential macro and micronutrients such as nitrogen, phosphorus, potassium, calcium, manganese, and iron are used to modify the properties of fertilizers, making them more suitable for specific soil types, crops, or growth conditions. These additives can enhance nutrient availability, reduce nutrient losses through leaching or volatilization, and promote better plant growth. Increasing demand for food production significantly drives the market. As the global population continues to grow, there is an ongoing need to produce more food.
According to research, it is projected that the demand for food will increase by approximately 59% to 98% by the year 2050. Fertilizer additives can enhance nutrient efficiency and promote healthier plant growth, which is essential for meeting the rising demand for agricultural products. The scarcity of arable land drives a pressing need for agricultural productivity optimization. Fertilizer additives emerge as a crucial solution, enabling farmers to achieve higher crop yields on limited land. By enhancing nutrient uptake, utilization, and overall plant health, these additives play a pivotal role in maximizing agricultural output.
However, the availability and cost associated with the raw materials needed to produce the fertilizer additives is one of the major restraints to the market. Meanwhile, ongoing research and development present opportunities for innovative fertilizer additives with improved efficiency, controlled release properties, and enhanced nutrient uptake. Additives that align with precision agriculture technologies can offer greater customization and precision in nutrient application. Key manufacturers are announcing strategic partnerships, innovative launches, and acquisitions to cater to the rising demand of the agriculture industries.
In September 2022, Nouryon agreed to acquire ADOB Fertilizers, expanding its product portfolio and crop nutrition offerings for customers.
Study Period
2024-2030Base Year
2023CAGR
3.2%Largest Market
Asia PacificFastest Growing Market
North America
The market is expected to offer lucrative opportunities over the forecast period owing to wide applications of fertilizer additives. Furthermore, growing demand for agro commodities coupled with an increase in demand for high yield crops, growing adoption of technological advancements are expected to propel the growth of the market. Moreover, increase in the expenditure of farmers in the protection of farms, growing pool of the population, rapid increase in global economies, rise in government support are the other factors which are boosting the market growth of fertilizer additives. However, hazardous environmental factors, strict regulatory framework, the growth of organic fertilizer industry are expected to hamper the growth of the market.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 5,583.2 million |
Market CAGR |
3.2% |
By Function |
|
By Application |
|
By Form |
|
By Region |
|
Download Free Sample Report
The fertilizer additives market size was valued at US$ 5,583.2 million in 2023 and is projected to grow at a CAGR of 3.8% from 2024 -2030
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The market key players are: Koch Agronomic Services, Solvay, Corteva, Compo-Expert, Nico, Orgo, BASF
1. Executive Summary |
2. Global Fertilizer Additives Market Introduction |
2.1. Global Fertilizer Additives Market Taxonomy |
2.2. Global Fertilizer Additives Market Definitions |
2.2.1. By Type |
2.2.2. By Form |
2.2.3. By Application |
2.2.4. By Region |
3. Global Fertilizer Additives Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Fertilizer Additives Market Dynamic Factors - Impact Analysis |
3.6. Global Fertilizer Additives Market Competition Landscape |
4. Global Fertilizer Additives Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Fertilizer Additives Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Anti-Caking Agents |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Anti-Foam Agents |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Stabilizers |
5.3.1. Nitrogen Stabiliziers |
5.3.1.1. Nitrification Inhibitors |
5.3.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.1.1.3. Market Opportunity Analysis |
5.3.1.2. Urease Inhibitors |
5.3.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.1.2.3. Market Opportunity Analysis |
5.4. Colorants |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Corrosion Inhibitors |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Dust Control Agent |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Granulation Aids |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Hydrophobing Agents |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
5.9. Others |
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.9.3. Market Opportunity Analysis |
6. Global Fertilizer Additives Market Forecast, By Form, 2019 - 2023 and Forecast, 2021 2027 (Revenue, USD Mn) |
6.1. Granular |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Powdered |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Prilled |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Fertilizer Additives Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. Ammonium Nitrate/CAN |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Diammonium Phosphate (DAP) |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Mono Ammonium Phosphate |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Triple Super Phosphate |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Urea |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
8. Global Fertilizer Additives Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Region, 2024 - 2030 |
9. North America Fertilizer Additives MarketAnalysis,2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Anti-Caking Agent |
9.1.2. Anti-foam Agents |
9.1.3. Stabilizers |
9.1.3.1. Nitrogen Stabilizers |
9.1.3.1.1. Nitrification Inhibitors |
9.1.3.1.2. Urease Inhibitors |
9.1.4. Colorants |
9.1.5. Corrosion Inhibitors |
9.1.6. Dust Control Agent |
9.1.7. Granulation Aids |
9.1.8. Hydrophobing Agents |
9.1.9. Others |
9.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Granular |
9.2.2. Powdered |
9.2.3. Prilled |
9.2.4. Others |
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Ammonium Nitrate/CAN |
9.3.2. Diammonium Phosphate (DAP) |
9.3.3. Mono Ammonium Phosphate |
9.3.4. Triple Super Phosphate |
9.3.5. Urea |
9.3.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Country, 2024 - 2030 |
9.6. North America Fertilizer Additives Market Dynamics Trends |
10. Europe Fertilizer Additives Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Anti-Caking Agent |
10.1.2. Anti-foam Agents |
10.1.3. Stabilizers |
10.1.3.1. Nitrogen Stabilizers |
10.1.3.1.1. Nitrification Inhibitors |
10.1.3.1.2. Urease Inhibitors |
10.1.4. Colorants |
10.1.5. Corrosion Inhibitors |
10.1.6. Dust Control Agent |
10.1.7. Granulation Aids |
10.1.8. Hydrophobing Agents |
10.1.9. Others |
10.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Granular |
10.2.2. Powdered |
10.2.3. Prilled |
10.2.4. Others |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Ammonium Nitrate/CAN |
10.3.2. Diammonium Phosphate (DAP) |
10.3.3. Mono Ammonium Phosphate |
10.3.4. Triple Super Phosphate |
10.3.5. Urea |
10.3.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Country, 2024 - 2030 |
10.6. Europe Fertilizer Additives Market Dynamics Trends |
11. Asia-Pacific Fertilizer Additives Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Anti-Caking Agent |
11.1.2. Anti-foam Agents |
11.1.3. Stabilizers |
11.1.3.1. Nitrogen Stabilizers |
11.1.3.1.1. Nitrification Inhibitors |
11.1.3.1.2. Urease Inhibitors |
11.1.4. Colorants |
11.1.5. Corrosion Inhibitors |
11.1.6. Dust Control Agent |
11.1.7. Granulation Aids |
11.1.8. Hydrophobing Agents |
11.1.9. Others |
11.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Granular |
11.2.2. Powdered |
11.2.3. Prilled |
11.2.4. Others |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Ammonium Nitrate/CAN |
11.3.2. Diammonium Phosphate (DAP) |
11.3.3. Mono Ammonium Phosphate |
11.3.4. Triple Super Phosphate |
11.3.5. Urea |
11.3.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
11.4. Country Analysis2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Country, 2024 - 2030 |
11.6. Asia-Pacific Fertilizer Additives Market Dynamics Trends |
12. Latin America Fertilizer Additives Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Anti-Caking Agent |
12.1.2. Anti-foam Agents |
12.1.3. Stabilizers |
12.1.3.1. Nitrogen Stabilizers |
12.1.3.1.1. Nitrification Inhibitors |
12.1.3.1.2. Urease Inhibitors |
12.1.4. Colorants |
12.1.5. Corrosion Inhibitors |
12.1.6. Dust Control Agent |
12.1.7. Granulation Aids |
12.1.8. Hydrophobing Agents |
12.1.9. Others |
12.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Granular |
12.2.2. Powdered |
12.2.3. Prilled |
12.2.4. Others |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Ammonium Nitrate/CAN |
12.3.2. Diammonium Phosphate (DAP) |
12.3.3. Mono Ammonium Phosphate |
12.3.4. Triple Super Phosphate |
12.3.5. Urea |
12.3.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Country, 2024 - 2030 |
12.6. Latin America Fertilizer Additives Market Dynamics Trends |
13. Middle East and Africa Fertilizer Additives Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Anti-Caking Agent |
13.1.2. Anti-foam Agents |
13.1.3. Stabilizers |
13.1.3.1. Nitrogen Stabilizers |
13.1.3.1.1. Nitrification Inhibitors |
13.1.3.1.2. Urease Inhibitors |
13.1.4. Colorants |
13.1.5. Corrosion Inhibitors |
13.1.6. Dust Control Agent |
13.1.7. Granulation Aids |
13.1.8. Hydrophobing Agents |
13.1.9. Others |
13.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Granular |
13.2.2. Powdered |
13.2.3. Prilled |
13.2.4. Others |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Ammonium Nitrate/CAN |
13.3.2. Diammonium Phosphate (DAP) |
13.3.3. Mono Ammonium Phosphate |
13.3.4. Triple Super Phosphate |
13.3.5. Urea |
13.3.6. Others (Potassium Chloride and Potassium Magnesium Sulfate) |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Fertilizer Additives Market - Opportunity Analysis Index, By Type, Form, Application, and Country, 2024 - 2030 |
13.6. MEA Fertilizer Additives Market Dynamics Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Koch Agronomic Services |
14.2.2. Solvay |
14.2.3. Corteva |
14.2.4. Compo-Expert |
14.2.5. Nico Orgo |
14.2.6. BASF |
14.2.7. AGCO Corporation |
14.2.8. AgLeader |
14.2.9. CropX Technologies |
14.2.10. Earth Observing System |
14.2.11. PrecisionHawk |
14.2.12. Raven Industries, Inc. |
14.2.13. Yara International |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players