NPK Compound And Specialty Fertilizers Market: By Fertilizer, Seaweed based Bio-stimulants, Amino Acid-based Bio-stimulants, Slow & Controlled Release Fertilizers, Liquid Micronutrients Fertilizer, and Chelated Trace Elements) and Region Forecast 2019-2030

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NPK Compound And Specialty Fertilizers Market Size, Share, Growth, Trends, and Global Industry Analysis: By Fertilizer (NPK Compound Fertilizers, Water Soluble NPK Fertilizers (Fertigation Grade), Seaweed based Bio-stimulants, Amino Acid-based Bio-stimulants, Slow & Controlled Release Fertilizers, Liquid Micronutrients Fertilizer, and Chelated Trace Elements) and Region Forecast 2019-2030

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NPK Compound And Specialty Fertilizers Market size was valued at US$ 38,967.5 million in 2022 and is expected to grow at a significant CAGR of 2.3% from 2024-2030. The expansion of the agricultural sector is driving the global NPK fertilizer market. The innovation of new technology and higher crop yield also increases the demand for NPK fertilizers across the globe. The demand for food in major dominating regions such as North America and the Asia Pacific region has paved the way for opportunities in the growth of the NPK fertilizer market. The NPK compounds & specialty fertilizer market is fueled by the growth in the agriculture sector worldwide.

However, the demand for fruits and vegetables later created a demand for increased cultivation. The Powder segment has a higher value than all the other segments. Powdered NPK fertilizers (food-grade) have a longer shelf life than liquid NPK fertilizers (food-grade), and they are also easier to apply and transport. These elements influence the powder segment of NPK fertilizers (food-grade).

Key Developments:

  • In September 2021, Yara announced the acquisition of Ecolan Oy, a Finnish producer of recycled fertilizers. This is Yara's first acquisition in the organic fertilizer segment and reflects their commitment to play a bigger role in organic farming and in contributing to the circular economy.
  • In February 23, 2022, EuroChem Group (hereafter  EuroChem, or the Group), a leading global fertilizer producer, announced that it had completed the acquisition of the Serra do Salitre phosphate project in Brazil.

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Npk Compound And Specialty Fertilizers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

2.3%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

NPK Compound And Specialty Fertilizers Market Dynamics

The increase in the demand for food and food products because of the rapid growth in the population is one of the major driving forces to increase the Market Size. Furthermore, the advancement of new technology, the awareness of the quality food products, and new ideas in agricultural farming are the most important drivers of the NPK Fertilizers Market. Moreover, stringent regulation by the government and fluctuation in price, storage, and handling costs may hamper the growth of NPK fertilizer in the global market.

Npk Compound And Specialty Fertilizers Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 38,967.5 million

Market CAGR

2.3%

By Fertilizer

  • NPK Compound Fertilizers
  • Water Soluble NPK Fertilizers (Fertigation Grade)
  • Seaweed Bio-stimulants
  • Amino Acid-based Bio-stimulants
  • Slow & Controlled Release Fertilizers
  • Liquid Micronutrients Fertilizer
  •  Chelated Trace Elements

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The NPK compound and specialty fertilizers market size was valued at US$ 38,967.5 million in 2022 and is expected to grow at a significant CAGR of 2.3% from 2024-2030.

Nutrien Ltd., Israel Chemicals Ltd. (ICL) The Mosaic Company, CF Industries Holdings Inc., EuroChem Group AG, Kingenta Ecological Engineering Group Co.Ltd., Yara International ASA

The NPK Compound And Specialty Fertilizers Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary
2. Global NPK Compound And Specialty Fertilizers Introduction 
2.1.Global NPK Compound And Specialty Fertilizers  - Taxonomy
2.2.Global NPK Compound And Specialty Fertilizers  - Definitions
2.2.1.By Fertilizer
2.2.2. By Geography
2.2.3.Region
3. Global NPK Compound And Specialty Fertilizers Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global NPK Compound And Specialty Fertilizers Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global NPK Compound And Specialty Fertilizers  By By Fertilizer, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. NPK Compound Fertilizers,
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Water Soluble NPK Fertilizers (Fertigation Grade),
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Seaweed Bio-stimulants,
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Amino Acid-based Bio-stimulants,
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Slow & Controlled Release Fertilizers,
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Liquid Micronutrients Fertilizer, 
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7.  Chelated Trace Elements
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global NPK Compound And Specialty Fertilizers  By  By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. North America
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Europe
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Asia Pacific
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Latin America
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. MEA
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global NPK Compound And Specialty Fertilizers  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America NPK Compound And Specialty Fertilizers ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. By Fertilizer Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.NPK Compound Fertilizers,
8.1.2.Water Soluble NPK Fertilizers (Fertigation Grade),
8.1.3.Seaweed Bio-stimulants,
8.1.4.Amino Acid-based Bio-stimulants,
8.1.5.Slow & Controlled Release Fertilizers,
8.1.6.Liquid Micronutrients Fertilizer, 
8.1.7. Chelated Trace Elements
8.2.   By Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.North America
8.2.2.Europe
8.2.3.Asia Pacific
8.2.4.Latin America
8.2.5.MEA
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe NPK Compound And Specialty Fertilizers ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. By Fertilizer Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.NPK Compound Fertilizers,
9.1.2.Water Soluble NPK Fertilizers (Fertigation Grade),
9.1.3.Seaweed Bio-stimulants,
9.1.4.Amino Acid-based Bio-stimulants,
9.1.5.Slow & Controlled Release Fertilizers,
9.1.6.Liquid Micronutrients Fertilizer, 
9.1.7. Chelated Trace Elements
9.2.   By Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.North America
9.2.2.Europe
9.2.3.Asia Pacific
9.2.4.Latin America
9.2.5.MEA
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) NPK Compound And Specialty Fertilizers ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. By Fertilizer Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.NPK Compound Fertilizers,
10.1.2.Water Soluble NPK Fertilizers (Fertigation Grade),
10.1.3.Seaweed Bio-stimulants,
10.1.4.Amino Acid-based Bio-stimulants,
10.1.5.Slow & Controlled Release Fertilizers,
10.1.6.Liquid Micronutrients Fertilizer, 
10.1.7. Chelated Trace Elements
10.2.   By Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.North America
10.2.2.Europe
10.2.3.Asia Pacific
10.2.4.Latin America
10.2.5.MEA
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) NPK Compound And Specialty Fertilizers ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. By Fertilizer Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.NPK Compound Fertilizers,
11.1.2.Water Soluble NPK Fertilizers (Fertigation Grade),
11.1.3.Seaweed Bio-stimulants,
11.1.4.Amino Acid-based Bio-stimulants,
11.1.5.Slow & Controlled Release Fertilizers,
11.1.6.Liquid Micronutrients Fertilizer, 
11.1.7. Chelated Trace Elements
11.2.   By Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.North America
11.2.2.Europe
11.2.3.Asia Pacific
11.2.4.Latin America
11.2.5.MEA
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America NPK Compound And Specialty Fertilizers ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. By Fertilizer Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.NPK Compound Fertilizers,
12.1.2.Water Soluble NPK Fertilizers (Fertigation Grade),
12.1.3.Seaweed Bio-stimulants,
12.1.4.Amino Acid-based Bio-stimulants,
12.1.5.Slow & Controlled Release Fertilizers,
12.1.6.Liquid Micronutrients Fertilizer, 
12.1.7. Chelated Trace Elements
12.2.   By Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.North America
12.2.2.Europe
12.2.3.Asia Pacific
12.2.4.Latin America
12.2.5.MEA
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1. Nutrien Ltd.
13.2.2. Israel Chemicals Ltd. (ICL)
13.2.3. The Mosaic Company
13.2.4. CF Industries Holdings Inc.
13.2.5. EuroChem Group AG
13.2.6. Hanfeng Evergreen
13.2.7. Coromandel International Limited
13.2.8. Sociedad Quimica y Minera de Chile S.A. (SQM)
13.2.9. Haifa Group
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Nutrien Ltd.
  • Israel Chemicals Ltd. (ICL)
  • The Mosaic Company
  • CF Industries Holdings Inc.
  • EuroChem Group AG
  • Hanfeng Evergreen
  • Coromandel International Limited
  • Sociedad Quimica y Minera de Chile S.A. (SQM)
  • Haifa Group
  • Kingenta Ecological Engineering Group Co.Ltd.
  • Yara International ASA

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