Global fertilizer market seen reaching $251.57 billion by 2030

Allied Market Research projects the global fertilizer market will grow from $184.60 billion in 2021 to $251.57 billion by 2030, driven by demand for higher crop yields, better soil health and expanding agricultural activity. Asia-Pacific is expected to remain the largest regional market while organic fertilizers post the fastest growth. Why it matters: - Fertilizers remain central to global food production as farmers look to lift yields, improve soil quality and support growing demand for agricultural output. - The market’s shift toward organic products signals rising concern over the long-term effects of chemical inputs on arable land. - Fast growth in Asia-Pacific matters because the region already accounts for the largest share of fertilizer demand and is expected to stay dominant through 2030. What happened: - Allied Market Research projected the global fertilizer market will rise from $184.60 billion in 2021 to $251.57 billion by 2030. - The report forecasts compound annual growth of 3.55% from 2022 to 2030. - The report covers fertilizer markets by type, form and application, with agriculture, horticulture, gardening and other end uses. - The report was published as “Fertilizer Market by Type (Organic, Inorganic), by Form (Dry, Liquid), by Application (Agriculture, Horticulture, Gardening, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.” - Allied Market Research listed Nutrien, Yara International, The Mosaic Company, Eurochem, Israel Chemicals Limited, CF Industries, OCP, PhosAgro, OCI, Uralkali and K+S Aktiengesellschaft among leading market players. - The report is available through the full report summary . The details: - Inorganic fertilizer held about 92% of global revenue in 2021 and is expected to remain the largest type segment through 2030. - Organic fertilizer is projected to post the fastest CAGR at 5.5% from 2022 to 2030. - Dry fertilizer was the leading form segment in 2021 and is expected to stay ahead during the forecast period. - Agriculture accounted for nearly half of global fertilizer demand in 2021 and is projected to keep the top spot through 2030. - Horticulture is expected to record the fastest growth at a 3.9% CAGR from 2022 to 2030, helped by investment in vertical farming. - Asia-Pacific held more than half of global revenue in 2021 and is expected to remain the largest regional market by 2030. - Asia-Pacific is projected to post the fastest regional CAGR at 3.7% during the forecast period. - The report also analyzes North America, Europe and LAMEA. Between the lines: - The market outlook suggests a split between scale and growth: inorganic fertilizers still dominate, but organic products are taking share as awareness of soil damage rises. - Agriculture remains the core demand engine, while horticulture is emerging as a faster-growth niche tied to vertical farming and urban food production. - Asia-Pacific’s lead reflects both heavy fertilizer consumption and continued demand for higher-quality agricultural produce. What’s next: - Demand growth is expected to track population growth, globalization, smart city development and higher food consumption. - The market’s expansion will likely depend on how quickly organic fertilizers scale while chemical fertilizer use faces more scrutiny. - More details are available in the company’s purchase inquiry page and request sample page .