NPK Fertilizers Market: By Mode of Application (Foliar, Fertigation, and others), By Crop Type (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others), By Form (Dry and Liquid) and Geography  

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NPK Fertilizers Market size was valued at USD 2.6 billion in the year 2022 and is anticipated to grow USD 3.0 billion till 2029 at a CAGR of 4.2% from 2023-2029. Fertilizers are available in organic or inorganic materials. They are applied to plant as they provide the essential nutrients for the required growth of the plant. Composition of nutrients in fertilizers categorizes them into nutrient or multi-nutrient fertilizers. NPK fertilizers consist of the mixture of three important nutrients essential for the growth of the plant are phosphorus, potassium and nitrogen. All three nutrients are essential for the growth of the plant. Nitrogen is needed for plants to perform several plant functions, nitrogen drives the vegetative growth and phosphorus is essential for plant functions like seed, flower and root growth formation. Potassium has the potent to enhance disease resistance and required element for plants to survive and promote the root growth. There is an increasing use of NPK fertilizers because of the growing farming practices are going on around the globe. Another market fueling factor is the increasing global population. It is important to grow sufficient crops to serve to growing population and in turn lead towards the growth of the NPK fertilizers market. Growing count of industries is expanding around the globe and consequently demands for fertilizers increases. There are a few other market drivers that include increasing adoption of farming with improved crop protection offered by the NPK fertilizers, growing awareness about the food quality and feed products and new developments in the agriculture field.The increasing demand for NPK fertilizers is typified by the growing number of industries. These industries are expanding their place in the market. For example, Thailand based industry named Sojitz group produces best quality NPK fertilizers has expanded its wholesale business into Myanmar.

Global Npk Fertilizers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
NPK Fertilizers Market Dynamics

High intake of dairy and meat products will drive the NPK fertilizers market during the forecast period. Efficient advances in farming techniques have given rise to the growth of NPK fertilizers. Consumer demand for best quality food is another market booming factor. Furthermore a few factors which restrain the market growth are poor knowledge of the farmers, strict government regulations to produce such fertilizers and high production price. Another chief constrain of the market is high investments involved in the production of NPK fertilizers. Skepticism and lack of alertness amid the farmers about the use of NPK fertilizers will impede the market growth.

Key Features of the Reports

  • The NPK fertilizer market report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Npk Fertilizers Market Segmentation

By Form
  • Gaseous
  • Liquid
  • Granular
By Distribution Channel
  • Online
  • Offline
By Crop Type
  • Seeds and Pulses
  • Cereals and Grains
  • Fruits and Vegetables
  • Others
Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The  NPK fertilizers market is projected to expand at a CAGR of 4.2% during the forecast period    

Acron Group, Agroliquid, Compo Expert GmbH, EuroChem Agro GmbH, Haifa Chemicals Ltd, Helena Chemical Co, Helm AG, Israel Chemical Ltd

North America is the fastest-growing region for  NPK fertilizers market

1. Executive Summary
2. Global NPK Fertilizers Market Introduction 
2.1.Global NPK Fertilizers Market  - Taxonomy
2.2.Global NPK Fertilizers Market  - Definitions
2.2.1.Form
2.2.2.Distribution Channel
2.2.3.Crop Type
2.2.4.Region
3. Global NPK Fertilizers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global NPK Fertilizers Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global NPK Fertilizers Market  By Form, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Gaseous
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Liquid
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Granular
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global NPK Fertilizers Market  By Distribution Channel, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Online
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Offline
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global NPK Fertilizers Market  By Crop Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Seeds and Pulses
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Cereals and Grains
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Fruits and Vegetables
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global NPK Fertilizers Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America NPK Fertilizers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Form Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Gaseous
9.1.2.Liquid
9.1.3.Granular
9.2.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Online
9.2.2.Offline
9.3.  Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Seeds and Pulses
9.3.2.Cereals and Grains
9.3.3.Fruits and Vegetables
9.3.4.Others
9.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe NPK Fertilizers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Gaseous
10.1.2.Liquid
10.1.3.Granular
10.2.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Online
10.2.2.Offline
10.3.  Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Seeds and Pulses
10.3.2.Cereals and Grains
10.3.3.Fruits and Vegetables
10.3.4.Others
10.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) NPK Fertilizers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Gaseous
11.1.2.Liquid
11.1.3.Granular
11.2.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Online
11.2.2.Offline
11.3.  Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Seeds and Pulses
11.3.2.Cereals and Grains
11.3.3.Fruits and Vegetables
11.3.4.Others
11.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) NPK Fertilizers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Gaseous
12.1.2.Liquid
12.1.3.Granular
12.2.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Online
12.2.2.Offline
12.3.  Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Seeds and Pulses
12.3.2.Cereals and Grains
12.3.3.Fruits and Vegetables
12.3.4.Others
12.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America NPK Fertilizers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Gaseous
13.1.2.Liquid
13.1.3.Granular
13.2.  Distribution Channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Online
13.2.2.Offline
13.3.  Crop Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Seeds and Pulses
13.3.2.Cereals and Grains
13.3.3.Fruits and Vegetables
13.3.4.Others
13.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1. Acron Group,
14.2.2. Agroliquid, Compo Expert GmbH,
14.2.3. EuroChem Agro GmbH,
14.2.4. Haifa Chemicals Ltd
14.2.5. Helena Chemical Co
14.2.6. Helm AG
14.2.7. Israel Chemical Ltd
14.2.8. Teralytic
14.2.9. Shandong Liaocheng Luxi Chemical Sale Co. Ltd.
14.2.10. Yara International ASA
15. Research Methodology 
16. Appendix and Abbreviations 
  • Acron Group,
  • Agroliquid, Compo Expert GmbH,
  • EuroChem Agro GmbH,
  • Haifa Chemicals Ltd
  • Helena Chemical Co
  • Helm AG
  • Israel Chemical Ltd
  • Teralytic
  • Shandong Liaocheng Luxi Chemical Sale Co. Ltd.
  • Yara International ASA