Product Code: GVR-4-68040-230-4
Specialty Fertilizers Market Growth & Trends:
The global specialty fertilizers market size is anticipated to reach USD 53,383.72 million by 2030 and is projected to grow at a CAGR of 5.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of specialty fertilizers is due to the increasing concern over the environment, which is expected to drive the market during the forecast period.
Specialty fertilizers are known for their precise and localized application, which leads to high nutrient use efficiency. This, in turn, reduces the dependency of growers on commercial fertilizers. In addition, the use of specialty fertilizers helps achieve higher-quality crops while causing a lower environmental impact. This trend is expected to drive market growth, particularly in terms of value sales during the study period.
The global market can be classified into two categories: dry and liquid specialty fertilizers. In 2023, the dry specialty fertilizers segment is predicted to have the largest global market share. This is primarily due to the increasing use of controlled-release and slow-release fertilizers and the simplicity of application and high efficiency of dry specialty fertilizers. In addition, their cost-effectiveness, extended shelf life, ability to provide long-term nutrient release, and high efficacy in all weather conditions compared to their counterparts further contribute to the market growth.
The market is witnessing remarkable growth owing to the rising demand for grains and cereals. As per the Ministry of Agriculture of India, the country produced 102.36 million tons of rice in the 2020-2021 fiscal year, nearly 6.70 million tons higher than the average production of 95.66 million tons in the previous five years. This surge in rice production presents significant opportunities for market growth.
Specialty Fertilizers Market Report Highlights:
- Based on application, the fertigation segment led the market with the largest revenue share of over 54.11% in 2024. The application of fertilizers through irrigation systems is a precise and efficient method that aligns with the trends of sustainable agriculture and environmental goals
- Based on technology, the water soluble fertilizers segment is expected to grow at the fastest CAGR over the forecast period. The need for sustainable agriculture practices and the rising global population
- Based on type, the micronutrient fertilizers segment is expected to grow at the fastest CAGR during the forecast period, due to the increasing demand for high-efficiency fertilizers that address specific nutrient deficiencies in soils
- The specialty fertilizers market in Central and South America is anticipated to grow at a significant CAGR during the forecast period, due to rising adoption of agrochemicals, advancement in farming techniques in Brazil & Argentina, and extensive distribution channels of global agrochemicals player are projected to drive the market growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Specialty Fertilizers Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Manufacturing/ Technology Trends
- 3.2.2. Sales Channel Analysis
- 3.2.3. List of Potential End-Users
- 3.3. Regulatory Framework, By Regions
- 3.4. Price Trends Analysis, 2018 - 2030 (USD/Kg)
- 3.4.1. Factors Influencing Prices of Specialty Fertilizers
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Specialty Fertilizers Market: Technology Estimates & Trend Analysis
- 4.1. Technology Movement Analysis & Market Share, 2024 & 2030
- 4.2. Specialty Fertilizers Market Estimates & Forecast, By Technology, 2018 to 2030 (USD Million) (Kilotons)
- 4.3. Controlled-release Fertilizers
- 4.3.1. Controlled-release Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.4. Water-soluble Fertilizers
- 4.4.1. Water-soluble Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.5. Liquid Fertilizers
- 4.5.1. Liquid Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.6. Micronutrients
- 4.6.1. Micronutrient Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 4.7. Other Technology
- 4.7.1. Other Specialty Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Specialty Fertilizers Market: Type Estimates & Trend Analysis
- 5.1. Type Movement Analysis & Market Share, 2024 & 2030
- 5.2. Specialty Fertilizers Market Estimates & Forecast, By Type, 2018 to 2030 (USD Million) (Kilotons)
- 5.3. Urea Ammonium Nitrate
- 5.3.1. Urea Ammonium Nitrate Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.4. Calcium Ammonium Nitrate
- 5.4.1. Calium Ammonium Nitrate Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.5. Monoammonium Phosphate
- 5.5.1. Monoammonium Phosphate Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.6. Sulfate of Potash
- 5.6.1. Sulfate of Potash Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.7. Potassium Nitrate
- 5.7.1. Potassium Nitrate Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.8. Urea Derivatives
- 5.8.1. Urea Derivative Based Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.9. Blends of NPK
- 5.9.1. Blend of NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
- 5.10. Other Types
- 5.10.1. Other Specialty Fertilizers Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Specialty Fertilizers Market: Crop-Type Estimates & Trend Analysis
- 6.1. Crop-Type Movement Analysis & Market Share, 2024 & 2030
- 6.2. Specialty Fertilizers Market Estimates & Forecast, By Crop-Type, 2018 to 2030 (USD Million) (Kilotons)
- 6.3. Cereals & Grains
- 6.3.1. Specialty Fertilizers Market Estimates and Forecasts, in Cereals & Grains, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Fruits & Vegetables
- 6.4.1. Specialty Fertilizers Market Estimates and Forecasts, in Fruits & Vegetables, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Oilseeds & Pulses
- 6.5.1. Specialty Fertilizers Market Estimates and Forecasts, in Oilseeds & Pulses, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Others
- 6.6.1. Specialty Fertilizers Market Estimates and Forecasts, in Others, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Specialty Fertilizers Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2024 & 2030
- 7.2. Specialty Fertilizers Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million) (Kilotons)
- 7.3. Fertigation
- 7.3.1. Specialty Fertilizers Market Estimates and Forecasts, in Fertigation, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Foliar
- 7.4.1. Specialty Fertilizers Market Estimates and Forecasts, in Foliar, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Soil
- 7.5.1. Specialty Fertilizers Market Estimates and Forecasts, in Soil, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Specialty Fertilizers Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.2. North America
- 8.2.1. North America Specialty Fertilizers Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.2.2. U.S.
- 8.2.2.1. Key country dynamics
- 8.2.2.2. U.S. Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.2.3. Canada
- 8.2.3.1. Key country dynamics
- 8.2.3.2. Canada Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.2.4. Mexico
- 8.2.4.1. Key country dynamics
- 8.2.4.2. Mexico Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3. Europe
- 8.3.1. Europe Specialty Fertilizers Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.2. Germany
- 8.3.2.1. Key country dynamics
- 8.3.2.2. Germany Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.3. UK
- 8.3.3.1. Key country dynamics
- 8.3.3.2. UK Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.4. France
- 8.3.4.1. Key country dynamics
- 8.3.4.2. France Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.5. Italy
- 8.3.5.1. Key country dynamics
- 8.3.5.2. Italy Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.3.6. Spain
- 8.3.6.1. Key country dynamics
- 8.3.6.2. Spain Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Specialty Fertilizers Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.2. China
- 8.4.2.1. Key country dynamics
- 8.4.2.2. China Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.3. India
- 8.4.3.1. Key country dynamics
- 8.4.3.2. India Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.4. Japan
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Japan Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.4.5. South Korea
- 8.4.5.1. Key country dynamics
- 8.4.5.2. South Korea Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.5. Central & South America
- 8.5.1. Central & South America Specialty Fertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.2. Brazil
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Brazil Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.5.3. Argentina
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Argentina Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.6. Middle East & Africa
- 8.6.1. Middles East & Africa Specialty Fertilizers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Key country dynamics
- 8.6.2.2. Saudi Arabia Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 8.6.3. South Africa
- 8.6.3.1. Key country dynamics
- 8.6.3.2. South Africa Specialty Fertilizers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 9. Specialty Fertilizers Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Share/Position Analysis, 2023
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.6. Company Profiles
- 9.6.1. Nutrien Ltd.
- 9.6.1.1. Participant's overview
- 9.6.1.2. Financial performance
- 9.6.1.3. Product benchmarking
- 9.6.1.4. Recent developments
- 9.6.2. Yara
- 9.6.2.1. Participant's overview
- 9.6.2.2. Financial performance
- 9.6.2.3. Product benchmarking
- 9.6.2.4. Recent developments
- 9.6.3. ICL
- 9.6.3.1. Participant's overview
- 9.6.3.2. Financial performance
- 9.6.3.3. Product benchmarking
- 9.6.3.4. Recent developments
- 9.6.4. CF Industries & Holdings, Inc.
- 9.6.4.1. Participant's overview
- 9.6.4.2. Financial performance
- 9.6.4.3. Product benchmarking
- 9.6.4.4. Recent developments
- 9.6.5. SQM SA
- 9.6.5.1. Participant's overview
- 9.6.5.2. Financial performance
- 9.6.5.3. Product benchmarking
- 9.6.5.4. Recent developments
- 9.6.6. OCP Group
- 9.6.6.1. Participant's overview
- 9.6.6.2. Financial performance
- 9.6.6.3. Product benchmarking
- 9.6.6.4. Recent developments
- 9.6.7. K + S Aktiengesellschaft.
- 9.6.7.1. Participant's overview
- 9.6.7.2. Financial performance
- 9.6.7.3. Product benchmarking
- 9.6.7.4. Recent developments
- 9.6.8. Eurochem Group
- 9.6.8.1. Participant's overview
- 9.6.8.2. Financial performance
- 9.6.8.3. Product benchmarking
- 9.6.8.4. Recent developments
- 9.6.9. The Mosaic Company
- 9.6.9.1. Participant's overview
- 9.6.9.2. Financial performance
- 9.6.9.3. Product benchmarking
- 9.6.9.4. Recent developments
- 9.6.10. Sociedad Quimica y Minera de Chile Sa
- 9.6.10.1. Participant's overview
- 9.6.10.2. Financial performance
- 9.6.10.3. Product benchmarking
- 9.6.10.4. Recent developments