Europe Specialty Fertilizer Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 6.88 Billion |
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Market Size (2030) | USD 9.65 Billion |
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Largest Share by Speciality Type | Liquid Fertilizer |
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CAGR (2024 - 2030) | 5.79 % |
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Largest Share by Country | Russia |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Europe Specialty Fertilizer Market Analysis
The Europe Specialty Fertilizer Market size is estimated at 6.88 billion USD in 2024, and is expected to reach 9.65 billion USD by 2030, growing at a CAGR of 5.79% during the forecast period (2024-2030).
6.88 Billion
Market Size in 2024 (USD)
9.65 Billion
Market Size in 2030 (USD)
5.68 %
CAGR (2017-2023)
5.79 %
CAGR (2024-2030)
Largest segment by Speciality Type
48.07 %
value share, Liquid Fertilizer, 2023
There is an increasing trend in the adoption of liquid fertilizers because they can penetrate soil easily, which helps plants absorb nutrients quickly.
Fastest Growing Speciality Type
7.76 %
Projected CAGR, CRF, 2024-2030
Control release fertilizers gradually release nutrients into the soil, are gaining popularity due to it’s efficiency and sustainable impact on crop management practices.
Largest Segment by Crop Type
5.85 %
Projected CAGR, Field Crops, 2024-2030
The growing adoption of specialty fertilizers due to the emphasis on precision agriculture and sustainable farming practices is expected to drive the growth of the market.
Largest segment by Country
14.76 %
value share, Russia, 2023
The rising demand for specialty fertilizers to boost productivity and optimize fertilizer use, the segment is projected to witness substantial growth from 2023 to 2030.
Leading Market Player
26.41 %
market share, Yara International ASA, 2022
Yara International expanded its distribution network in Europe to enhance its presence and also expanded its product portfolio by launching YaraTera KRISTA MgS for fertigation
The specialty fertilizer market is driven by the growing concern over environmental pollution and rising demand high nutrient efficient fertilizers
- In 2022, specialty fertilizers represented 13.0% of the overall fertilizer market value in the region, a stark contrast to the dominant conventional fertilizers. This disparity can be attributed to the higher costs of specialty fertilizers and limited awareness among farmers.
- From 2017 to 2021, the specialty fertilizers market experienced notable growth, surging by 80.4% in 2022 compared to 2017. This upswing can largely be credited to the increasing adoption of irrigation agriculture and sustainable farming practices.
- In terms of market value, liquid fertilizers held the lion's share at 48.8% in 2022, while water-soluble fertilizers dominated the market volume at 48.9%. Liquid fertilizers commanded higher prices, with an average of USD 1,051.2 per metric ton, compared to water-soluble fertilizers priced at USD 883.4. This price discrepancy, coupled with their affordability relative to other specialty fertilizers, led to a higher utilization of water-soluble fertilizers.
- Water-soluble fertilizers were predominantly employed for secondary macronutrient applications in 2022, accounting for 53.2% of the total secondary macronutrient fertilizers in the region. Similarly, they constituted 53.1% of the total micronutrient fertilizers in Europe.
- The adoption of controlled-release fertilizers is on the rise in the region, driven by their environmental risk reduction and water contamination mitigation benefits. As a result, the market value of these fertilizers is projected to record a CAGR of 7.7% during 2023-2030.
- Given the burgeoning market potential for specialty fertilizers, this segment is poised for significant growth in the coming years.
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The growing adoption of modern farming practices is driving market growth due to its less impact on the environment
- Specialty fertilizers enhance soil fertility, boost plant growth, and maximize yields. Overuse of fertilizers leads to nutrient loss and water contamination. Specialty fertilizers mitigate these issues and enhance nutrient uptake by plants.
- In 2022, Ukraine accounted for the share of 14.9% of the European specialty fertilizer market in terms of value. The nitrogen fertilizer segment occupied the largest share of the market studied. Due to a shift toward decarbonization of energy in Europe, the demand for 'green' ammonia fertilizers is expected to grow during 2023-2030.
- Field crops dominated the European specialty fertilizer market in 2022, accounting for 82.4% of the consumption volume, followed by horticultural crops at 9.8%. The dominance of field crops is attributed to their larger cultivation areas.
- In 2022, water-soluble fertilizers claimed the largest market volume share at 48.9%, followed by liquid fertilizers at 45.0%. Controlled-release fertilizers (CRF) and slow-release fertilizers (SRF) held smaller shares at 4.7% and 1.3%, respectively. Water-soluble fertilizers can be applied either through foliar spraying or fertigation, and their popularity has surged with the rising adoption of irrigation practices.
- European soils are increasingly losing fertility due to continuous cropping without adequate recovery periods. Specialty fertilizers provide timely nutrition while minimizing environmental impact. These factors are projected to drive the specialty fertilizers market, with an estimated CAGR of 5.7% during 2023-2030.
Europe Specialty Fertilizer Market Trends
The cultivation area of field crops is steadily rising to meet domestic needs and export demand
- Field crops, such as rapeseed, wheat, rye, and triticale, are mainly winter crops in Europe, while maize, sunflowers, rice, and soybean are summer crops. Both the winter and spring types of barley are widely available. The area harvested under major food crops in Europe has been steadily increasing, primarily due to the growing population and increasing demand for food grains. Field crops accounted for 78.5 thousand ha in 2017, which increased to 108 thousand ha in 2022.
- The EU harvested 282.7 million ton of common wheat in 2022, the equivalent of 54.0% of all cereal grains harvested. This was 11.0 million ton more than in 2020, an increase of 9.3%. This upturn reflected a rise in the area harvested (+5.6 % to 21.8 million hectares) and improved apparent yields.
- Between 2019 and 2022, there was a notable 34% decline in the harvested area within the region. Despite this overall reduction, the areas dedicated to corn/maize and wheat cultivation experienced increases of 11% and 2%, respectively, while the other field crop acreages decreased during the same period. It is anticipated that farmers will augment their fertilizer usage in the upcoming forecast period, aiming to enhance yields and mitigate the impact of the overall decrease in harvested areas observed in recent years.
- Therefore, with rising pressure on farmers to improve yield and grain production to meet the growing demand with growing overall field crop cultivation area, the fertilizer market is expected to grow significantly during 2023-2030.
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Nitrogen is the primary nutrient consumed more in filed crops as most of the soil in the region is deficient in nitrogen
- In 2022, field crops dominated nutrient consumption in Europe, accounting for 85% of the total and reaching a volume of 47 million metric tons. This high demand can be attributed to both the extensive cultivation of field crops and their significant nutrient requirements. The primary field crops in Europe include wheat, rapeseed, rye, soybean, and corn, all of which have a substantial appetite for fertilizers. In 2022, these crops had an average nutrient application rate of 187.3 kg per hectare for nitrogen, phosphorous, and potassium.
- Nitrogen emerged as the most in-demand primary nutrient fertilizer for European field crops, with an average application rate of 130.64 kg/hectare in 2022. Nitrogen deficiency poses the most significant yield constraint, as a majority of agricultural soils in the region lack sufficient nitrogen levels. Following nitrogen, potassium stood out as the second most utilized fertilizer, with an average application rate of 103.75 kg/hectare in 2022. Countries like Sweden, Spain, Poland, and Latvia, with a prevalence of sandy soils, faced more pronounced potassium deficiencies. Phosphatic fertilizers trailed behind with an application rate of 56.93 kg/hectare in 2022.
- Primary nutrient fertilizers hold immense significance for crops, as they are vital for metabolic processes and contribute to the formation of crucial plant tissues, such as cells, cell membranes, and chlorophyll. Phosphorous plays a pivotal role in cultivating high-quality crops, while potassium activates enzymes essential for plant growth and development.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Climate change and extreme weather conditions are the major challenges in the expansion of horticulture cultivation
- Manganese deficiency is the common problem in sandy soils, organic soils with a pH above 6
- Out of all crops, corn stands out for its relatively high secondary nutrient consumption
- Russia holds a major irrigation area in the European region with 21.6% in 2022
- Zinc has become the most used micronutrient fertilizer in the region
- The average application rate of primary nutrients in vegetable crops is 290.4 kg/ha, with nitrogen as the most applied.
- Tomato is the most secondary nutrient consuming vegetable crop in the region, with sulfur being the most need
Europe Specialty Fertilizer Industry Overview
The Europe Specialty Fertilizer Market is fairly consolidated, with the top five companies occupying 73.56%. The major players in this market are EuroChem Group, Fertiberia, ICL Group Ltd, Kingenta Ecological Engineering Group Co., Ltd. and Yara International ASA (sorted alphabetically).
Europe Specialty Fertilizer Market Leaders
EuroChem Group
Fertiberia
ICL Group Ltd
Kingenta Ecological Engineering Group Co., Ltd.
Yara International ASA
Other important companies include Achema, AGLUKON Spezialduenger GmbH & Co., Grupa Azoty S.A. (Compo Expert), Petrokemija DD Fertilizer Factory, Sociedad Quimica y Minera de Chile SA.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Specialty Fertilizer Market News
- January 2023: ICL has entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.
- May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.
- May 2022: ICL signed an agreement with customers in India and China to supply 600,000 and 700,000 metric ton of potash, respectively in 2022 at 590 USD per ton.
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Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
Europe Specialty Fertilizer Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Acreage Of Major Crop Types
2.1.1. Field Crops
2.1.2. Horticultural Crops
2.2. Average Nutrient Application Rates
2.2.1. Micronutrients
2.2.1.1. Field Crops
2.2.1.2. Horticultural Crops
2.2.2. Primary Nutrients
2.2.2.1. Field Crops
2.2.2.2. Horticultural Crops
2.2.3. Secondary Macronutrients
2.2.3.1. Field Crops
2.2.3.2. Horticultural Crops
2.3. Agricultural Land Equipped For Irrigation
2.4. Regulatory Framework
2.5. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Speciality Type
3.1.1. CRF
3.1.1.1. Polymer Coated
3.1.1.2. Polymer-Sulfur Coated
3.1.1.3. Others
3.1.2. Liquid Fertilizer
3.1.3. SRF
3.1.4. Water Soluble
3.2. Application Mode
3.2.1. Fertigation
3.2.2. Foliar
3.2.3. Soil
3.3. Crop Type
3.3.1. Field Crops
3.3.2. Horticultural Crops
3.3.3. Turf & Ornamental
3.4. Country
3.4.1. France
3.4.2. Germany
3.4.3. Italy
3.4.4. Netherlands
3.4.5. Russia
3.4.6. Spain
3.4.7. Ukraine
3.4.8. United Kingdom
3.4.9. Rest of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Achema
4.4.2. AGLUKON Spezialduenger GmbH & Co.
4.4.3. EuroChem Group
4.4.4. Fertiberia
4.4.5. Grupa Azoty S.A. (Compo Expert)
4.4.6. ICL Group Ltd
4.4.7. Kingenta Ecological Engineering Group Co., Ltd.
4.4.8. Petrokemija DD Fertilizer Factory
4.4.9. Sociedad Quimica y Minera de Chile SA
4.4.10. Yara International ASA
5. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- CULTIVATION OF FIELD CROPS IN HECTARE, EUROPE, 2017 - 2022
- Figure 2:
- CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, EUROPE, 2017 - 2022
- Figure 3:
- CONSUMPTION OF MICRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 4:
- CONSUMPTION OF MICRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 5:
- CONSUMPTION OF PRIMARY NUTRIENTS BY FIELD CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 6:
- CONSUMPTION OF PRIMARY NUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 7:
- CONSUMPTION OF SECONDARY MACRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 8:
- CONSUMPTION OF SECONDARY MACRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 9:
- AGRICULTURAL LAND EQUIPPED FOR IRRIGATION IN HECATRE, EUROPE, 2022
- Figure 10:
- SPECIALITY FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 11:
- SPECIALITY FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 12:
- FERTILIZER CONSUMPTION BY SPECIALITY TYPE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 13:
- FERTILIZER CONSUMPTION BY SPECIALITY TYPE IN USD, EUROPE, 2017 - 2030
- Figure 14:
- FERTILIZER CONSUMPTION VOLUME BY SPECIALITY TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 15:
- FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 16:
- CRF FERTILIZER CONSUMPTION BY COATING TYPE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 17:
- CRF FERTILIZER CONSUMPTION BY COATING TYPE IN USD, EUROPE, 2017 - 2030
- Figure 18:
- CRF FERTILIZER CONSUMPTION VOLUME BY COATING TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 19:
- CRF FERTILIZER CONSUMPTION VALUE BY COATING TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 20:
- POLYMER COATED CRF FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 21:
- POLYMER COATED CRF FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 22:
- POLYMER COATED CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 23:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 24:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 25:
- POLYMER-SULFUR COATED CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 26:
- OTHERS CRF FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 27:
- OTHERS CRF FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 28:
- OTHERS CRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 29:
- LIQUID ALL FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 30:
- LIQUID ALL FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 31:
- LIQUID ALL FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 32:
- SRF FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 33:
- SRF FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 34:
- SRF FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 35:
- WATER SOLUBLE FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 36:
- WATER SOLUBLE FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 37:
- WATER SOLUBLE FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 38:
- SPECIALITY FERTILIZER CONSUMPTION BY APPLICATION MODE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 39:
- SPECIALITY FERTILIZER CONSUMPTION BY APPLICATION MODE IN USD, EUROPE, 2017 - 2030
- Figure 40:
- SPECIALITY FERTILIZER CONSUMPTION VOLUME BY APPLICATION MODE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 41:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY APPLICATION MODE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 42:
- FERTIGATION APPLICATION OF SPECIALITY FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 43:
- FERTIGATION APPLICATION OF SPECIALITY FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 44:
- FERTIGATION APPLICATION OF SPECIALITY FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 45:
- FOLIAR APPLICATION OF SPECIALITY FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 46:
- FOLIAR APPLICATION OF SPECIALITY FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 47:
- FOLIAR APPLICATION OF SPECIALITY FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 48:
- SOIL APPLICATION OF SPECIALITY FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 49:
- SOIL APPLICATION OF SPECIALITY FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 50:
- SOIL APPLICATION OF SPECIALITY FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 51:
- SPECIALITY FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 52:
- SPECIALITY FERTILIZER CONSUMPTION BY CROP TYPE IN USD, EUROPE, 2017 - 2030
- Figure 53:
- SPECIALITY FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 54:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 55:
- FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, EUROPE, 2017 - 2030
- Figure 56:
- FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, EUROPE, 2017 - 2030
- Figure 57:
- FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 58:
- FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, EUROPE, 2017 - 2030
- Figure 59:
- FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, EUROPE, 2017 - 2030
- Figure 60:
- FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 61:
- FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, EUROPE, 2017 - 2030
- Figure 62:
- FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, EUROPE, 2017 - 2030
- Figure 63:
- FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 64:
- SPECIALITY FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, EUROPE, 2017 - 2030
- Figure 65:
- SPECIALITY FERTILIZER CONSUMPTION BY COUNTRY IN USD, EUROPE, 2017 - 2030
- Figure 66:
- SPECIALITY FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 67:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 68:
- FERTILIZER CONSUMPTION IN METRIC TON, FRANCE, 2017 - 2030
- Figure 69:
- FERTILIZER CONSUMPTION IN USD, FRANCE, 2017 - 2030
- Figure 70:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, FRANCE, 2023 VS 2030
- Figure 71:
- FERTILIZER CONSUMPTION IN METRIC TON, GERMANY, 2017 - 2030
- Figure 72:
- FERTILIZER CONSUMPTION IN USD, GERMANY, 2017 - 2030
- Figure 73:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GERMANY, 2023 VS 2030
- Figure 74:
- FERTILIZER CONSUMPTION IN METRIC TON, ITALY, 2017 - 2030
- Figure 75:
- FERTILIZER CONSUMPTION IN USD, ITALY, 2017 - 2030
- Figure 76:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ITALY, 2023 VS 2030
- Figure 77:
- FERTILIZER CONSUMPTION IN METRIC TON, NETHERLANDS, 2017 - 2030
- Figure 78:
- FERTILIZER CONSUMPTION IN USD, NETHERLANDS, 2017 - 2030
- Figure 79:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NETHERLANDS, 2023 VS 2030
- Figure 80:
- FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
- Figure 81:
- FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
- Figure 82:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
- Figure 83:
- FERTILIZER CONSUMPTION IN METRIC TON, SPAIN, 2017 - 2030
- Figure 84:
- FERTILIZER CONSUMPTION IN USD, SPAIN, 2017 - 2030
- Figure 85:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SPAIN, 2023 VS 2030
- Figure 86:
- FERTILIZER CONSUMPTION IN METRIC TON, UKRAINE, 2017 - 2030
- Figure 87:
- FERTILIZER CONSUMPTION IN USD, UKRAINE, 2017 - 2030
- Figure 88:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UKRAINE, 2023 VS 2030
- Figure 89:
- FERTILIZER CONSUMPTION IN METRIC TON, UNITED KINGDOM, 2017 - 2030
- Figure 90:
- FERTILIZER CONSUMPTION IN USD, UNITED KINGDOM, 2017 - 2030
- Figure 91:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED KINGDOM, 2023 VS 2030
- Figure 92:
- FERTILIZER CONSUMPTION IN METRIC TON, REST OF EUROPE, 2017 - 2030
- Figure 93:
- FERTILIZER CONSUMPTION IN USD, REST OF EUROPE, 2017 - 2030
- Figure 94:
- SPECIALITY FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF EUROPE, 2023 VS 2030
- Figure 95:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, EUROPE, 2017 - 2030
- Figure 96:
- EUROPE SPECIALTY FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 97:
- MARKET SHARE OF MAJOR PLAYERS IN %, EUROPE, 2022
Europe Specialty Fertilizer Industry Segmentation
CRF, Liquid Fertilizer, SRF, Water Soluble are covered as segments by Speciality Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. France, Germany, Italy, Netherlands, Russia, Spain, Ukraine, United Kingdom are covered as segments by Country.
- In 2022, specialty fertilizers represented 13.0% of the overall fertilizer market value in the region, a stark contrast to the dominant conventional fertilizers. This disparity can be attributed to the higher costs of specialty fertilizers and limited awareness among farmers.
- From 2017 to 2021, the specialty fertilizers market experienced notable growth, surging by 80.4% in 2022 compared to 2017. This upswing can largely be credited to the increasing adoption of irrigation agriculture and sustainable farming practices.
- In terms of market value, liquid fertilizers held the lion's share at 48.8% in 2022, while water-soluble fertilizers dominated the market volume at 48.9%. Liquid fertilizers commanded higher prices, with an average of USD 1,051.2 per metric ton, compared to water-soluble fertilizers priced at USD 883.4. This price discrepancy, coupled with their affordability relative to other specialty fertilizers, led to a higher utilization of water-soluble fertilizers.
- Water-soluble fertilizers were predominantly employed for secondary macronutrient applications in 2022, accounting for 53.2% of the total secondary macronutrient fertilizers in the region. Similarly, they constituted 53.1% of the total micronutrient fertilizers in Europe.
- The adoption of controlled-release fertilizers is on the rise in the region, driven by their environmental risk reduction and water contamination mitigation benefits. As a result, the market value of these fertilizers is projected to record a CAGR of 7.7% during 2023-2030.
- Given the burgeoning market potential for specialty fertilizers, this segment is poised for significant growth in the coming years.
| Speciality Type | |||||
| |||||
| Liquid Fertilizer | |||||
| SRF | |||||
| Water Soluble |
| Application Mode | |
| Fertigation | |
| Foliar | |
| Soil |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
| Country | |
| France | |
| Germany | |
| Italy | |
| Netherlands | |
| Russia | |
| Spain | |
| Ukraine | |
| United Kingdom | |
| Rest of Europe |
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Market Definition
- MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
- NUTRIENT TYPES COVERED - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
- AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
- CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
| Keyword | Definition |
|---|---|
| Fertilizer | Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc. |
| Specialty Fertilizer | Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers. |
| Controlled-Release Fertilizers (CRF) | Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle. |
| Slow-Release Fertilizers (SRF) | Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period. |
| Foliar Fertilizers | Consist of both liquid and water soluble fertilizers applied through foliar application. |
| Water-Soluble Fertilizers | Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application. |
| Fertigation | Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc. |
| Anhydrous Ammonia | Used as fertilizer, directly injected into the soil, available in gaseous liquid form. |
| Single Super Phosphate (SSP) | Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%. |
| Triple Super Phosphate (TSP) | Phosphorus fertilizer containing only phosphorus greater than 35%. |
| Enhanced Efficiency Fertilizers | Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers. |
| Conventional Fertilizer | Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc. |
| Chelated Micronutrients | Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc. |
| Liquid Fertilizers | Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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