Compound Fertilizer Global Market Report 2023

Compound Fertilizer Global Market Report 2025 – 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 2025-2034

Compound Fertilizer Global Market Report 2025

Report Price : $4490.00 | Pages : | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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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, Tobacco, Other Applications

Subsegments:

1) By Two-Element Compound Fertilizer: Nitrogen-Phosphorus (NP), Nitrogen-Potassium (NK), Phosphorus-Potassium (PK)

2) By Three-Element Compound Fertilizer: Nitrogen-Phosphorus-Potassium (NPK), Nitrogen-Phosphorus-Sulfur (NPS), Nitrogen-Potassium-Sulfur (NKS), Phosphorus-Potassium-Sulfur (PKS)

Compound Fertilizer Global Market Report 2025 Market Size and growth rate 2025 to 2029: Graph

Compound Fertilizer Market Size 2025 And Growth Rate

The compound fertilizer market size has grown strongly in recent years. It will grow from $9.2 billion in 2024 to $9.8 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. 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 $12.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. 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.

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 January 2023, 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, increasing crop yields, improve soil health and optimize agricultural productivity. For instance, according to the Invest India, an India-based national investment promotion and facilitation agency, India has emerged as a net exporter of agricultural products, with exports reaching approximately $50.2 billion in FY2022-23. 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 include 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., 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.

Global Compound Fertilizer Market Trend: Launch Of New Compound Fertilizers

Major companies operating in the compound fertilizer market are developing water-soluble fertilizers to improve nutrient efficiency, enhance crop yield, and meet the growing demand for sustainable agricultural solutions. Water-soluble fertilizers help by delivering nutrients quickly and efficiently to plants, promoting faster growth, higher yields, and reducing nutrient waste through precise application. For instance, in June 2023, iGrow News ICL, an Israel-based leader in specialty fertilizers, launched a new line of water-soluble fertilizers in North America. These fertilizers are formulated to meet the specific nutrient needs of crops and are designed to improve nutrient uptake and efficiency. The water-soluble nature allows for easy application through various irrigation systems, enhancing crop growth and yield potential.

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 2024. 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.

What Defines the Compound Fertilizer Market?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Compound Fertilizer Industry?

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 Analysis
Report AttributeDetails
Market Size Value In 2025 $9.8 billion
Revenue Forecast In 2034 $12.65 billion
Growth Rate CAGR of 6.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
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 Subsegments: 1) By Two-Element Compound Fertilizer: Nitrogen-Phosphorus (NP), Nitrogen-Potassium (NK), Phosphorus-Potassium (PK)
2) By Three-Element Compound Fertilizer: Nitrogen-Phosphorus-Potassium (NPK), Nitrogen-Phosphorus-Sulfur (NPS), Nitrogen-Potassium-Sulfur (NKS), Phosphorus-Potassium-Sulfur (PKS)
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 are 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., 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 ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Compound Fertilizer Market Characteristics

    3. Compound Fertilizer Market Trends And Strategies

    4. Compound Fertilizer Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Compound Fertilizer Growth Analysis And Strategic Analysis Framework

    5.1. Global Compound Fertilizer PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Compound Fertilizer Market Growth Rate Analysis

    5.4. Global Compound Fertilizer Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Compound Fertilizer Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Compound Fertilizer Total Addressable Market (TAM)

    6. Compound Fertilizer Market Segmentation

    6.1. Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Two-Element Compound Fertilizer

    Three-Element Compound Fertilizer

    6.2. Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Rice

    Wheat

    Corn

    Fruit Trees

    Vegetables

    Tobocco

    Other Applications

    6.3. Global Compound Fertilizer Market, Sub-Segmentation Of Two-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Nitrogen-Phosphorus (NP)

    Nitrogen-Potassium (NK)

    Phosphorus-Potassium (PK)

    6.4. Global Compound Fertilizer Market, Sub-Segmentation Of Three-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Nitrogen-Phosphorus-Potassium (NPK)

    Nitrogen-Phosphorus-Sulfur (NPS)

    Nitrogen-Potassium-Sulfur (NKS)

    Phosphorus-Potassium-Sulfur (PKS)

    7. Compound Fertilizer Market Regional And Country Analysis

    7.1. Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Compound Fertilizer Market

    8.1. Asia-Pacific Compound Fertilizer Market Overview

    Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Compound Fertilizer Market

    10.1. India Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Compound Fertilizer Market

    12.1. Australia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Compound Fertilizer Market

    13.1. Indonesia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Compound Fertilizer Market

    16.1. UK Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Compound Fertilizer Market

    17.1. Germany Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Compound Fertilizer Market

    18.1. France Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Compound Fertilizer Market

    19.1. Italy Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Compound Fertilizer Market

    20.1. Spain Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Compound Fertilizer Market

    22.1. Russia Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Compound Fertilizer Market

    27.1. Brazil Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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 Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Kingenta Ecological Engineering Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Luxi Chemical Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Stanley Fertilizer Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. WengFu Group Overview, Products and Services, Strategy and Financial Analysis

    31. Compound Fertilizer Market Other Major And Innovative Companies

    31.1. Hubei Xinyangfeng Fertilizer Industry Co. Ltd.

    31.2. Yara International ASA

    31.3. Sinochem Corporation

    31.4. The Mosaic Company

    31.5. EcoChem

    31.6. K+S Aktiengesellschaft

    31.7. ICL Group Ltd.

    31.8. Helena Agri-Enterprises LLC

    31.9. Haifa Negev technologies ltd.

    31.10. Lebanon Seaboard Corporation

    31.11. EuroChem Group AG

    31.12. Nutrien Ltd.

    31.13. Garsoni Fertilizer Inc.

    31.14. Wilbur-Ellis Company LLC

    31.15. Sinofert Holdings Limited

    32. Global Compound Fertilizer Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Compound Fertilizer Market

    34. Recent Developments In The Compound Fertilizer Market

    35. Compound Fertilizer Market High Potential Countries, Segments and Strategies

    35.1 Compound Fertilizer Market In 2029 - Countries Offering Most New Opportunities

    35.2 Compound Fertilizer Market In 2029 - Segments Offering Most New Opportunities

    35.3 Compound Fertilizer Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Compound Fertilizer Market, Sub-Segmentation Of Two-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Compound Fertilizer Market, Sub-Segmentation Of Three-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Asia-Pacific, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: China, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: China, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: India, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: India, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Japan, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Japan, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Australia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: Australia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Indonesia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Indonesia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: South Korea, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: South Korea, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Western Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Western Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: UK, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: UK, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Germany, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Germany, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: France, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: France, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Italy, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Italy, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Spain, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Spain, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Eastern Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Eastern Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Russia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Russia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: North America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: North America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: USA, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: USA, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Canada, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Canada, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: South America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: South America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Brazil, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Brazil, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Middle East, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Middle East, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Africa, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Africa, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Hanfeng Evergreen Financial Performance
  • Table 54: Kingenta Ecological Engineering Co. Ltd. Financial Performance
  • Table 55: Luxi Chemical Group Co. Ltd. Financial Performance
  • Table 56: Stanley Fertilizer Co. Ltd. Financial Performance
  • Table 57: WengFu Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Compound Fertilizer Market, Sub-Segmentation Of Two-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Compound Fertilizer Market, Sub-Segmentation Of Three-Element Compound Fertilizer, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Compound Fertilizer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Compound Fertilizer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Asia-Pacific, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: China, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: China, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: India, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: India, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Japan, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Japan, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Australia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: Australia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Indonesia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Indonesia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: South Korea, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: South Korea, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Western Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Western Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: UK, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: UK, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Germany, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Germany, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: France, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: France, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Italy, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Italy, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Spain, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Spain, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Eastern Europe, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Eastern Europe, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Russia, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Russia, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: North America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: North America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: USA, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: USA, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Canada, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Canada, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: South America, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: South America, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Brazil, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Brazil, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Middle East, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Middle East, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Africa, Compound Fertilizer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Africa, Compound Fertilizer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Hanfeng Evergreen Financial Performance
  • Figure 54: Kingenta Ecological Engineering Co. Ltd. Financial Performance
  • Figure 55: Luxi Chemical Group Co. Ltd. Financial Performance
  • Figure 56: Stanley Fertilizer Co. Ltd. Financial Performance
  • Figure 57: WengFu Group Financial Performance
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Frequently Asked Questions

What is the definition of the compound fertilizer market?

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. For further insights on the compound fertilizer market, request a sample here

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 - 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.. 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 $9.2 billion in 2024 to $9.8 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. 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 $12.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. 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, Tobacco, Other Applications Subsegments:
1) By Two-Element Compound Fertilizer: Nitrogen-Phosphorus (NP), Nitrogen-Potassium (NK), Phosphorus-Potassium (PK)
2) By Three-Element Compound Fertilizer: Nitrogen-Phosphorus-Potassium (NPK), Nitrogen-Phosphorus-Sulfur (NPS), Nitrogen-Potassium-Sulfur (NKS), Phosphorus-Potassium-Sulfur (PKS)For 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 2024. 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?

Major companies operating in the compound fertilizer market are developing water-soluble fertilizers to improve nutrient efficiency, enhance crop yield, and meet the growing demand for sustainable agricultural solutions. Water-soluble fertilizers help by delivering nutrients quickly and efficiently to plants, promoting faster growth, higher yields, and reducing nutrient waste through precise application. For instance, in June 2023, iGrow News ICL, an Israel-based leader in specialty fertilizers, launched a new line of water-soluble fertilizers in North America. These fertilizers are formulated to meet the specific nutrient needs of crops and are designed to improve nutrient uptake and efficiency. The water-soluble nature allows for easy application through various irrigation systems, enhancing crop growth and yield potential. For further insights on the compound fertilizer market, request a sample here.

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.