Product Code: GVR-4-68040-355-7
NPK Fertilizers Market Size & Trends
The global NPK fertilizers market was estimated at USD 94.60 billion in 2023 and is projected to grow at a CAGR of 3.1% from 2024 to 2030. The increasing adoption of farming and enhanced crop protection offered by market products contribute to the market's growth. In addition, the rising consumption of dairy and meat products and the growing awareness about food and feed quality are key factors driving the market's expansion.
NPK fertilizer is a chemical fertilizer that contains three primary nutrients: nitrogen (N), phosphorus (P), and potassium (K). These are important in horticulture and modern agriculture. Nitrogen is vital for leafy green growth, as it plays a key role in forming enzymes, proteins, and chlorophyll. The product helps to enhance the plant's photosynthetic capacity and vigorous foliage. Phosphorus aids in root development, fruit and flower formation, and overall energy transfer within the plant. Potassium supports various metabolic processes and enhances and regulates water uptake, loss, and disease resistance. It ensures that plants are well-structured, resilient, and capable of withstanding environmental issues.
Global NPK Fertilizers Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global NPK fertilizers market report based on crop type, mode of application, form, and region:
- Crop Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030¬)
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Other Crop Types
- Mode of Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
- Fertigation
- Foliar
- Others
- Form Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
- Dry
- Liquid
- Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Textile
- 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. NPK Fertilizers Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. NPK Fertilizers Market: Crop Type Estimates & Trend Analysis
- 4.1. Crop Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. NPK Fertilizers Market Estimates & Forecast, By Crop Type, 2018 to 2030 (Kilotons) (USD Billion)
- 4.3. Cereals & Grains
- 4.3.1. Cereals & Grains NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.4. Oilseeds & Pulses
- 4.4.1. Oilseeds & Pulses NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.5. Frutis & Vegetables
- 4.5.1. Fruits & Vegetables NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 4.6. Other Crop Types
- 4.6.1. Other Crop Types NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 5. NPK Fertilizers Market: Mode of Application Estimates & Trend Analysis
- 5.1. Mode of Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. NPK Fertilizers Market Estimates & Forecast, By Mode of Application, 2018 to 2030 (Kilotons) (USD Billion)
- 5.3. Fertigation
- 5.3.1. Fertigation NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.4. Foliar
- 5.4.1. Foliar NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
- 5.5. Other Mode of Applications
- 5.5.1. Other Mode of Applications NPK Fertilizers Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 6. NPK Fertilizers Market: Form Estimates & Trend Analysis
- 6.1. Form Movement Analysis & Market Share, 2023 & 2030
- 6.2. NPK Fertilizers Market Estimates & Forecast, By Form, 2018 to 2030 (Kilotons) (USD Billion)
- 6.3. Dry
- 6.3.1. NPK Fertilizers Market Estimates and Forecasts in Food, 2018 - 2030 (Kilotons) (USD Billion)
- 6.4. Liquid
- 6.4.1. NPK Fertilizers Market Estimates and Forecasts in Beverages, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 7. NPK Fertilizers Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.2. North America
- 7.2.1. North America NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. Key country dynamics
- 7.2.2.2. U.S. NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Canada NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Key Country Dynamics
- 7.2.4.2. Mexico NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3. Europe
- 7.3.1. Europe NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3.2. Germany
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Germany NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3.3. UK
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. UK NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3.4. France
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. France NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3.5. Italy
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Italy NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.3.6. Spain
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Spain NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.4.2. China
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. China NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Japan NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.4.4. India
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. India NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. South Korea NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.5. Central & South America
- 7.5.1. Central & South America NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Brazil NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.5.3. Argentina
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Argentina NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Saudi Arabia NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
- 7.6.3. South Africa
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. South Africa NPK Fertilizers Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Billion)
Chapter 8. NPK Fertilizers Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share/Position Analysis, 2023
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Mergers & Acquisition
- 8.5.3. Partnerships & Collaborations
- 8.5.4. New End Use Launches
- 8.5.5. Research And Development
- 8.6. Company Profiles
- 8.6.1. Akzo Nobel N.V.
- 8.6.1.1. Participant's overview
- 8.6.1.2. Financial performance
- 8.6.1.3. End Use benchmarking
- 8.6.1.4. Recent developments
- 8.6.2. AGROFERT
- 8.6.2.1. Participant's overview
- 8.6.2.2. Financial performance
- 8.6.2.3. End Use benchmarking
- 8.6.2.4. Recent developments
- 8.6.3. Yara International ASA
- 8.6.3.1. Participant's overview
- 8.6.3.2. Financial performance
- 8.6.3.3. End Use benchmarking
- 8.6.3.4. Recent developments
- 8.6.4. The Mosaic Company
- 8.6.4.1. Participant's overview
- 8.6.4.2. Financial performance
- 8.6.4.3. End Use benchmarking
- 8.6.4.4. Recent developments
- 8.6.5. Isarel Chemicals Ltd.
- 8.6.5.1. Participant's overview
- 8.6.5.2. Financial performance
- 8.6.5.3. End Use benchmarking
- 8.6.5.4. Recent developments
- 8.6.6. Eurochem
- 8.6.6.1. Participant's overview
- 8.6.6.2. Financial performance
- 8.6.6.3. End Use benchmarking
- 8.6.6.4. Recent developments
- 8.6.7. PotashCorp.
- 8.6.7.1. Participant's overview
- 8.6.7.2. Financial performance
- 8.6.7.3. End Use benchmarking
- 8.6.7.4. Recent developments
- 8.6.8. K+S Akitengesellschaft
- 8.6.8.1. Participant's overview
- 8.6.8.2. Financial performance
- 8.6.8.3. End Use benchmarking
- 8.6.8.4. Recent developments
- 8.6.9. Haifa Chemical Ltd
- 8.6.9.1. Participant's overview
- 8.6.9.2. Financial performance
- 8.6.9.3. End Use benchmarking
- 8.6.9.4. Recent developments
- 8.6.10. Aditya Birla Chemicals
- 8.6.10.1. Participant's overview
- 8.6.10.2. Financial performance
- 8.6.10.3. End Use benchmarking
- 8.6.10.4. Recent developments