Compound Fertilizer Global Market Report 2024

Compound Fertilizer Global Market Report 2023

Compound Fertilizer Global Market Report 2024 – By Type (Two-Element Compound Fertilizer, Three-Element Compound Fertilizer), By Application (Rice, Wheat, Corn, Fruit Trees, Vegetables, Tobacco, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Compound Fertilizer Global Market Report 2024
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Compound Fertilizer Global Market Report 2024

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Compound Fertilizer Global Market Report 2024

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Compound Fertilizer Market Definition

Compound fertilizers are fertilizers with two or more necessary plant nutrients in a single fertilizer that are applied to the soil or directly to the plant to maintain or boost fertility in order to produce high-quality crops.

The main types of compound fertilizers are two-element compound fertilizers and three-element compound fertilizers. Two-element compound fertilizers refer to fertilizers containing two major chemical elements: nitrogen and phosphorous. These are used in various applications such as rice, wheat, corn, fruit trees, vegetables, tobacco and other applications.

Compound Fertilizer Market Segmentation

The compound fertilizer market covered in this report is segmented –

1) By Type: Two-Element Compound Fertilizer, Three-Element Compound Fertilizer

2) By Application: Rice, Wheat, Corn, Fruit Trees, Vegetables, Tobocco, Other Applications

Global Compound Fertilizer Market Size 2023 to 2028: Graph

Compound Fertilizer Market Size 2024 And Growth Rate

The compound fertilizer market size has grown strongly in recent years. It will grow from $8.68 billion in 2023 to $9.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to agricultural intensification, green revolution, industrialization of agriculture, government subsidies and support, crop diversification and specialization.

Compound Fertilizer Market Growth Forecast

The compound fertilizer market size is expected to see strong growth in the next few years. It will grow to $11.77 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to population growth and food demand, technological advancements in production, sustainable agriculture practices, climate change adaptation, global market expansion. Major trends in the forecast period include climate change challenges, regulatory changes and compliance, customized blends and formulations, precision agriculture practices, environmental sustainability.

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Compound Fertilizer Market Driver: Increased Crop Production Propels Demand For Compound Fertilizers In The Market

Increased production of crops such as rice, wheat and corn is expected to boost the growth of the compound fertilizer market going forward. The production of crops refers to the process of cultivating crops for domestic and commercial reasons. Compound fertilizers are widely used for the production of wheat, corn, rice, sorghum, fruits, vegetables and fruits for providing uniform distribution of micronutrients throughout the root zone that increases soil fertility and protects the environment, as a result, increased crop production increases the demand for the compound fertilizers market. For instance, in December 2022, according to the report published by the United States Department of Agriculture, a US-based federal agency, corn for grain production increased to 15.1 billion bushels, up 7% from the 2020 estimate. Further, in January 2023, as per a report published by the Australian Bureau of Statistics, an Australian-based government agency, in 2021–22, the gross value of wheat climbed by 33% to $13 billion. Therefore, increased production of crops such as rice, wheat and corn is driving the growth of the compound fertilizer market.

Compound Fertilizer Market Driver: Commercial Agriculture Flourishing Popularity Drives The Compound Fertilizers Market

The growing popularity of commercial agriculture is expected to propel the growth of the compound fertilizer market going forward. Commercial agriculture refers to the large-scale production of crops and livestock for the purpose of selling them and generating profit. Commercial agriculture generates income that goes towards a nation's gross domestic product, as it is often preferred to subsistence farming. Compound fertilizers are used in commercial agriculture for providing nutrients, increase crop yields, improve soil health and optimize agricultural productivity. For instance, in May 2022, according to the GOV.UK government-operated official statistics website, 2021 highlights, total crop output income increased $11,782 million in 2021 from $1,950 million in 2020, and total livestock output income increased $17,626 million in 2021 from $1,119 million in 2020. Therefore, the growing popularity of commercial agriculture is driving the growth of the compound fertilizer market.

Global Compound Fertilizer Market Major Players

Major companies operating in the compound fertilizer market report are Hanfeng Evergreen, Kingenta Ecological Engineering Co. Ltd., Luxi Chemical Group Co. Ltd., Stanley Fertilizer Co. Ltd., WengFu Group, Hubei Xinyangfeng Fertilizer Industry Co. Ltd., Yara International ASA, Sinochem Corporation, The Mosaic Company, EcoChem, K+S Aktiengesellschaft, ICL Group Ltd., Helena Agri-Enterprises LLC, Haifa Negev technologies ltd., Georgia-Pacific LLC, Lebanon Seaboard Corporation, EuroChem Group AG, Nutrien Ltd., Garsoni Fertilizer Inc., Wilbur-Ellis Company LLC, Sinofert Holdings Limited, OCP Group, PhosAgro, Agrium, Growth Products Ltd., Potash Corporation of Saskatchewan Inc., Kugler Company, Indian Farmers Fertiliser Co-operative Limited, Israel Chemicals Ltd., Sociedad Química y Minera, Uralkali .

Global Compound Fertilizer Market Trend: Research Institutions And Companies Pour Funds Into Advancing Compound Fertilizer Market

Investments in compound fertilizers are a key trend gaining popularity in the compound fertilizer market. Major research institutions and companies are investing in compound fertilizers for the development of the market. For instance, in August 2022, the Georgia Institute of Technology, a US-based public university, in partnership with the National Science Foundation, a US-based government agency, invested $26 million in the development of new technology and programs to absorb, recycle and manufacture decarbonized nitrogen-based fertilizers (NBFs) from nitrogen cycle pollutants, transforming America into a nitrogen cycle economy. Furthermore, in June 2021, the Industrial Development Corporation, an African government corporation, invested $31 million in Nitrogen Chemicals of Zambia (NCZ), its subsidiary to support the production of fertilizers including compound fertilizers to cut the need for imports.

Global Compound Fertilizer Market Trend: Launch Of New Compound Fertilizers

Major companies operating in the compound fertilizer market are launching new products, such as GroShakti Plus, to sustain their position in the market. For instance, in September 2021, Coromandel International, an Indian chemicals company, introduced GroShakti Plus, an NPK (nitrogen, phosphorus, and potassium) fertilizer. GroShakti Plus is a superior complex fertilizer with EnPhos Technology and fortified zinc, designed to enhance crop yield and quality. GroShakti Plus has features such as nutrient content and suitability for various crops, which are characteristics of compound fertilizers. The fortified zinc induces greenness in plants through better nitrogen utilization and enzymatic activation while imparting resistance to pests and diseases.

Compound Fertilizer Market Merger And Acquisition: The Mosaic Company Expands Soil Health Solutions With Acquisition Of Plant Response

In February 2022, The Mosaic Company, a US-based fertilizer-producing company, acquired Plant Response for an undisclosed amount. With this acquisition, Mosaic and Plant Response produce new soil health solutions that give superior crop nutrition to consumers worldwide and assist the world in growing the food it requires. Plant Response is a US-based biotechnology company.

Regional Analysis For The Global Compound Fertilizer Market

Asia-Pacific was the largest region in the compound fertilizer market in 2023. The regions covered in the compound fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the compound fertilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The compound fertilizer market consists of sales of ammonium nitrate, ammonium phosphate, granulation process and liquid fertilizer. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The compound fertilizers market research report is one of a series of new reports from The Business Research Company that provides compound fertilizers market statistics, including compound fertilizers industry global market size, regional shares, competitors with a compound fertilizers market share, detailed compound fertilizers market segments, market trends and opportunities and any further data you may need to thrive in the compound fertilizers industry. This compound fertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Compound Fertilizer Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$9.27 billion
Revenue Forecast In 2033	$11.77 billion
Growth Rate	CAGR of 6.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Two-Element Compound Fertilizer, Three-Element Compound Fertilizer 2) By Application: Rice, Wheat, Corn, Fruit Trees, Vegetables, Tobacco, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hanfeng Evergreen; Kingenta Ecological Engineering Co. Ltd.; Luxi Chemical Group Co. Ltd.; Stanley Fertilizer Co. Ltd.; WengFu Group; Hubei Xinyangfeng Fertilizer Industry Co. Ltd.; Yara International ASA; Sinochem Corporation; The Mosaic Company; EcoChem; K+S Aktiengesellschaft; ICL Group Ltd.; Helena Agri-Enterprises LLC; Haifa Negev technologies ltd.; Georgia-Pacific LLC; Lebanon Seaboard Corporation; EuroChem Group AG; Nutrien Ltd.; Garsoni Fertilizer Inc.; Wilbur-Ellis Company LLC; Sinofert Holdings Limited; OCP Group; PhosAgro; Agrium; Growth Products Ltd.; Potash Corporation of Saskatchewan Inc.; Kugler Company; Indian Farmers Fertiliser Co-operative Limited; Israel Chemicals Ltd.; Sociedad Química y Minera; Uralkali
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Compound Fertilizer Market Characteristics

3. Compound Fertilizer Market Trends And Strategies

4. Compound Fertilizer Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Compound Fertilizer Market Size and Growth

5.1. Global Compound Fertilizer Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Compound Fertilizer Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Compound Fertilizer Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Compound Fertilizer Market Segmentation

6.1. Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Two-Element Compound Fertilizer

Three-Element Compound Fertilizer

6.2. Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Rice

Wheat

Corn

Fruit Trees

Vegetables

Tobocco

Other Applications

7. Compound Fertilizer Market Regional And Country Analysis

7.1. Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Compound Fertilizer Market

8.1. Asia-Pacific Compound Fertilizer Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Compound Fertilizer Market

9.1. China Compound Fertilizer Market Overview

9.2. China Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Compound Fertilizer Market

10.1. India Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Compound Fertilizer Market

11.1. Japan Compound Fertilizer Market Overview

11.2. Japan Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Compound Fertilizer Market

12.1. Australia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Compound Fertilizer Market

13.1. Indonesia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Compound Fertilizer Market

14.1. South Korea Compound Fertilizer Market Overview

14.2. South Korea Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Compound Fertilizer Market

15.1. Western Europe Compound Fertilizer Market Overview

15.2. Western Europe Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Compound Fertilizer Market

16.1. UK Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Compound Fertilizer Market

17.1. Germany Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Compound Fertilizer Market

18.4. France Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Compound Fertilizer Market

19.7. Italy Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Compound Fertilizer Market

20.10. Spain Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Compound Fertilizer Market

21.1. Eastern Europe Compound Fertilizer Market Overview

21.2. Eastern Europe Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Compound Fertilizer Market

22.1. Russia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Compound Fertilizer Market

23.1. North America Compound Fertilizer Market Overview

23.2. North America Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Compound Fertilizer Market

24.1. USA Compound Fertilizer Market Overview

24.2. USA Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Compound Fertilizer Market

25.1. Canada Compound Fertilizer Market Overview

25.2. Canada Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Compound Fertilizer Market

26.1. South America Compound Fertilizer Market Overview

26.2. South America Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Compound Fertilizer Market

27.1. Brazil Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Compound Fertilizer Market

28.1. Middle East Compound Fertilizer Market Overview

28.2. Middle East Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Compound Fertilizer Market

29.1. Africa Compound Fertilizer Market Overview

29.2. Africa Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Compound Fertilizer Market Competitive Landscape And Company Profiles

30.1. Compound Fertilizer Market Competitive Landscape

30.2. Compound Fertilizer Market Company Profiles

30.2.1. Hanfeng Evergreen

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Kingenta Ecological Engineering Co. Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Luxi Chemical Group Co. Ltd.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Stanley Fertilizer Co. Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. WengFu Group

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Compound Fertilizer Market Competitive Benchmarking

32. Global Compound Fertilizer Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Compound Fertilizer Market

34. Compound Fertilizer Market Future Outlook and Potential Analysis

34.1 Compound Fertilizer Market In 2028 - Countries Offering Most New Opportunities

34.2 Compound Fertilizer Market In 2028 - Segments Offering Most New Opportunities

34.3 Compound Fertilizer Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Hanfeng Evergreen Financial Performance

Table 52: Kingenta Ecological Engineering Co. Ltd. Financial Performance

Table 53: Luxi Chemical Group Co. Ltd. Financial Performance

Table 54: Stanley Fertilizer Co. Ltd. Financial Performance

Table 55: WengFu Group Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Hanfeng Evergreen Financial Performance

Figure 52: Kingenta Ecological Engineering Co. Ltd. Financial Performance

Figure 53: Luxi Chemical Group Co. Ltd. Financial Performance

Figure 54: Stanley Fertilizer Co. Ltd. Financial Performance

Figure 55: WengFu Group Financial Performance

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Frequently Asked Questions

What is the definition of the compound fertilizer market?

How will the compound fertilizer market drivers and restraints affect the compound fertilizer market dynamics? What forces will shape the compound fertilizer industry going forward?

The compound fertilizer market major growth driver - increased crop production propels demand for compound fertilizers in the market. For further insights on the compound fertilizer market, request a sample here

What is the forecast market size or the forecast market value of the compound fertilizer market ?

The compound fertilizer market size has grown strongly in recent years. It will grow from $8.68 billion in 2023 to $9.27 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to agricultural intensification, green revolution, industrialization of agriculture, government subsidies and support, crop diversification and specialization.. The compound fertilizer market size is expected to see strong growth in the next few years. It will grow to $11.77 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to population growth and food demand, technological advancements in production, sustainable agriculture practices, climate change adaptation, global market expansion.. Major trends in the forecast period include climate change challenges, regulatory changes and compliance, customized blends and formulations, precision agriculture practices, environmental sustainability.. For further insights on the compound fertilizer market, request a sample here

How is the compound fertilizer market segmented?

The compound fertilizer market is segmented
1) By Type: Two-Element Compound Fertilizer, Three-Element Compound Fertilizer
2) By Application: Rice, Wheat, Corn, Fruit Trees, Vegetables, Tobocco, Other ApplicationsFor further insights on the compound fertilizer market, request a sample here

Which region has the largest share of the compound fertilizer market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the compound fertilizer market in 2023. The regions covered in the compound fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the compound fertilizer market, request a sample here.

Who are the major players in the compound fertilizer market?

What are the key trends in the compound fertilizer market?

Major trend in the compound fertilizer market - research institutions and companies pour funds into advancing compound fertilizer market. For further insights on the compound fertilizer market, request a sample here.

What are the major opportunities in the compound fertilizer market? What are the strategies for the compound fertilizer market?

For detailed insights on the major opportunities and strategies in the compound fertilizer market, request a sample here.

How does the compound fertilizer market relate to the overall economy and other similar markets?

For detailed insights on compound fertilizer market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the compound fertilizer industry?

For detailed insights on the mergers and acquisitions in the compound fertilizer industry, request a sample here.

What are the key dynamics influencing the compound fertilizer market growth? SWOT analysis of the compound fertilizer market.

For detailed insights on the key dynamics influencing the compound fertilizer market growth and SWOT analysis of the compound fertilizer industry, request a sample here.