Specialty Fertilizers Market: By Type (Monopotassium Phosphate, Monoammonium Phosphate, Potassium Nitrate, Potassium Sulphate, Potassium Chloride, Urea, Ammonium Nitrate, UAN, Phosphoric Acid, Others), By Crop (Fruits and Vegetables, Cereals and Oilseeds, Turf and Ornamentals, Others), By Applications (Agriculture, Horticulture, Aquaculture, Fertigation, Nutrition, Foliar), and Geography.

Purchase Option

$ 4400
$ 6600
$ 8900

Specialty Fertilizers Market size was valued at USD 37.42 billion in 2023 and is expected to reach USD 63.31 Billion by 2030, at a CAGR of 6.8% from 2024-2030. specialty fertilizers market is expected to expand at tremendous growth rates due to its wide range of benefits over traditional fertilizers. Fertilizers that are applied in specific soil and plant conditions are known as specialty fertilizers. To boost production levels, specialty fertilizers are administered to plants for specialized activity.

Essential nutrients are released by specialty fertilizers. These nutrients are in insufficient quantities and are absorbed fully by the plants. It regulates the quantity of moisture that comes into touch with it. Furthermore, technological advancements, an increase in support of governments, a growing population pool, a growing demand for food, and growing awareness regarding health care concerns further fuel the growth of specialty fertilizers. On the other hand, factors like complexity in production, and high costs of specialty fertilizers are expected to hinder the growth of the specialty fertilizers market.

The granulated fertilizers that supply nutrients to soil and crops gradually are known as specialty fertilizers. These are classified into three types, slow-release fertilizers, controlled-release fertilizers, and fertilizers associated with the enzymatic processes inhibitors. Slow-release fertilizers release the nutrients at a low predictable rate and controlled-release fertilizers release the nutrients at predictable rates in a specific period.

Specialty Fertilizers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.8%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Specialty Fertilizers Market Dynamics

Specialty fertilizers are being attracted by agricultural sector owing to increased awareness about the sustainable agricultural practices, which further leads to the reduction in farming costs and provide environmental safety. Specialty fertilizers are highly utilized in the cultivation of fruits, vegetables, oilseeds, cereals, pulses, and grains. Specialty fertilizers can also be used to grow ornamental and turf plants. Among these, farmers use specialty fertilizers mostly in the cultivation of grains and cereals crops. The key players of the specialty fertilizers market are undertaking strategic decisions of acquisitions, new product developments, expansions, and investments to maintain their position in the market.

Key Features of the Reports

  • 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

Specialty Fertilizers Market Segmentation

By Type
  • Monopotassium Phosphate
  • Monoammonium Phosphate
  • Potassium Nitrate
  • Potassium Sulphate
  • Potassium Chloride
  • Urea
  • Ammonium Nitrate
  • UAN
  • Phosphoric Acid
  • Others
By Crop Type
  • Fruits and vegetables
  • Cereals and oilseeds
  • Turf and ornamentals
  • Others
By Application
  • Agriculture
  • Horticulture
  • Aquaculture
  • Fertigation
  • Nutrition
  • Foliar

Frequently Asked Questions

The specialty fertilizers market size was valued at USD 37.42 billion in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The specialty fertilizers market key players are Sociedad Quimica y Minera S.A. (Chile) Yara International ASA (Norway) Sinochem Group (China) Vardhaman Fertilizers and Seeds Pvt Ltd (India) Agrium Inc. (Canada) Haifa Chemicals (Israel) Sungro Seeds Ltd. (India)

1.Executive Summary
2.Global Specialty Fertilizers Market Introduction 
2.1.Global Specialty Fertilizers Market  - Taxonomy
2.2.Global Specialty Fertilizers Market  - Definitions
2.2.1.By Type
2.2.2.By Crop Type
2.2.3.By Application
2.2.4.Region
3.Global Specialty Fertilizers Market 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 Specialty Fertilizers Market 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 Specialty Fertilizers Market  By By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Monopotassium Phosphate
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. Monoammonium Phosphate
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. Potassium Nitrate
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. Potassium Sulphate
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. Potassium Chloride
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. Urea
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. Ammonium Nitrate
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 
5.8. UAN
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Phosphoric Acid
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
5.10. Others
5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.10.3. Market Opportunity Analysis 
6.Global Specialty Fertilizers Market  By By Crop Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Fruits and vegetables
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. Cereals and oilseeds
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. Turf and ornamentals
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. Others
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 
7.Global Specialty Fertilizers Market  By By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Agriculture
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. Horticulture
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. Aquaculture
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. Fertigation
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. Nutrition
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 
7.6. Foliar
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8.Global Specialty Fertilizers Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
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, (Sales Value USD Million)
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 (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Specialty Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. By Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Monopotassium Phosphate
9.1.2.Monoammonium Phosphate
9.1.3.Potassium Nitrate
9.1.4.Potassium Sulphate
9.1.5.Potassium Chloride
9.1.6.Urea
9.1.7.Ammonium Nitrate
9.1.8.UAN
9.1.9.Phosphoric Acid
9.1.10.Others
9.2.  By Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Fruits and vegetables
9.2.2.Cereals and oilseeds
9.2.3.Turf and ornamentals
9.2.4.Others
9.3.  By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Agriculture
9.3.2.Horticulture
9.3.3.Aquaculture
9.3.4.Fertigation
9.3.5.Nutrition
9.3.6.Foliar
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Specialty Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. By Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Monopotassium Phosphate
10.1.2.Monoammonium Phosphate
10.1.3.Potassium Nitrate
10.1.4.Potassium Sulphate
10.1.5.Potassium Chloride
10.1.6.Urea
10.1.7.Ammonium Nitrate
10.1.8.UAN
10.1.9.Phosphoric Acid
10.1.10.Others
10.2.  By Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Fruits and vegetables
10.2.2.Cereals and oilseeds
10.2.3.Turf and ornamentals
10.2.4.Others
10.3.  By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Agriculture
10.3.2.Horticulture
10.3.3.Aquaculture
10.3.4.Fertigation
10.3.5.Nutrition
10.3.6.Foliar
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Specialty Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. By Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Monopotassium Phosphate
11.1.2.Monoammonium Phosphate
11.1.3.Potassium Nitrate
11.1.4.Potassium Sulphate
11.1.5.Potassium Chloride
11.1.6.Urea
11.1.7.Ammonium Nitrate
11.1.8.UAN
11.1.9.Phosphoric Acid
11.1.10.Others
11.2.  By Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Fruits and vegetables
11.2.2.Cereals and oilseeds
11.2.3.Turf and ornamentals
11.2.4.Others
11.3.  By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Agriculture
11.3.2.Horticulture
11.3.3.Aquaculture
11.3.4.Fertigation
11.3.5.Nutrition
11.3.6.Foliar
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Specialty Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. By Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Monopotassium Phosphate
12.1.2.Monoammonium Phosphate
12.1.3.Potassium Nitrate
12.1.4.Potassium Sulphate
12.1.5.Potassium Chloride
12.1.6.Urea
12.1.7.Ammonium Nitrate
12.1.8.UAN
12.1.9.Phosphoric Acid
12.1.10.Others
12.2.  By Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Fruits and vegetables
12.2.2.Cereals and oilseeds
12.2.3.Turf and ornamentals
12.2.4.Others
12.3.  By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Agriculture
12.3.2.Horticulture
12.3.3.Aquaculture
12.3.4.Fertigation
12.3.5.Nutrition
12.3.6.Foliar
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Specialty Fertilizers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. By Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Monopotassium Phosphate
13.1.2.Monoammonium Phosphate
13.1.3.Potassium Nitrate
13.1.4.Potassium Sulphate
13.1.5.Potassium Chloride
13.1.6.Urea
13.1.7.Ammonium Nitrate
13.1.8.UAN
13.1.9.Phosphoric Acid
13.1.10.Others
13.2.  By Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Fruits and vegetables
13.2.2.Cereals and oilseeds
13.2.3.Turf and ornamentals
13.2.4.Others
13.3.  By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Agriculture
13.3.2.Horticulture
13.3.3.Aquaculture
13.3.4.Fertigation
13.3.5.Nutrition
13.3.6.Foliar
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Sociedad Quimica y Minera S.A. (Chile)
14.2.2.Yara International ASA (Norway)
14.2.3.Sinochem Group (China)
14.2.4.Vardhaman Fertilizers and Seeds Pvt Ltd (India)
14.2.5.Agrium Inc. (Canada)
14.2.6.Haifa Chemicals (Israel)
14.2.7.Sungro Seeds Ltd. (India)
14.2.8.The Potash Corporation of Saskatchewan Inc. (Canada)
14.2.9.The Mosaic Company (U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Sociedad Quimica y Minera S.A. (Chile)
  • Yara International ASA (Norway)
  • Sinochem Group (China)
  • Vardhaman Fertilizers and Seeds Pvt Ltd (India)
  • Agrium Inc. (Canada)
  • Haifa Chemicals (Israel)
  • Sungro Seeds Ltd. (India)
  • The Potash Corporation of Saskatchewan Inc. (Canada)
  • The Mosaic Company (U.S.)

Adjacent Markets