Market Size of north america controlled release fertilizer Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 570.1 Million |
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Market Size (2030) | USD 900.4 Million |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 7.91 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Controlled Release Fertilizer Market Analysis
The North America Controlled Release Fertilizer Market size is estimated at 570.1 million USD in 2024, and is expected to reach 900.4 million USD by 2030, growing at a CAGR of 7.91% during the forecast period (2024-2030).
570.1 Million
Market Size in 2024 (USD)
900.4 Million
Market Size in 2030 (USD)
9.71 %
CAGR (2017-2023)
7.91 %
CAGR (2024-2030)
Largest Segment by Type
55.87 %
value share, Straight, 2023
Straight fertilizers are the most consumed fertilizer, as Nitrogen is the most yield-limiting nutrient for crop growth and farmers are highly adapted to its usage.
Largest Segment by Coating Type
76.46 %
value share, Polymer Coated, 2023
Polymer coated fertilizers are very effective in supplying all the primary and secondary nutrients coupled with micronutrients and reduce the need for multiple applications.
Largest Segment by Crop Type
88.28 %
value share, Field Crops, 2023
The demand for cereals such as corn, wheat, oilseeds, and rice is projected to be high in the future, thus fueling the demand for controlled release fertilizers.
Largest segment by Country
71.48 %
value share, United States, 2023
United States of America accounts for about 69% of the total agricultural crop area in the region and one of the major producers of fertilizers in the North American region.
Leading Market Player
43.83 %
market share, Nutrien Ltd., 2022
Nutrien Limited offers premium technology fertilizer products sucha as CRF Urea under brand name ESN smart nitrogen that provide liquid fertilizers and Smart Nutrition.
Initiatives toward achieving right amount of nutrients at the right time will increase the CRFs adoption in the region
- Between 2017 and 2021, the North American controlled-release fertilizers market witnessed a 9.1% growth. Precision farming, a widely embraced approach in the region, prioritizes timely and precise nutrient delivery to crops. Controlled-release fertilizers, in this context, assume a pivotal role, ensuring crops receive optimal nutrient dosages, thus becoming integral to precision farming.
- In 2022, field crops dominated the North American controlled-release fertilizers market, capturing 81.1% of the market share. Horticultural crops accounted for 15.8%. Controlled-release fertilizers found extensive usage in high-value crops like cereals, grains, vegetables, orchards, and nurseries. While specialty chemical adoption in row crops is not yet widespread, it is gradually rising due to surging grain prices, heightened environmental concerns, and stricter nutrient application regulations.
- In 2022, the United States led the consumption of controlled-release fertilizers, accounting for 73.0%. This dominance can be attributed to the nation's regulations governing nutrient application rates and fertilizer pollution control.
- Recognizing the technological strides in the fertilizer industry, the Environmental Protection Agency (EPA) and the US Department of Agriculture (USDA) have collaborated with key stakeholders like The Fertilizer Institute (TFI), the International Fertilizer Development Center (IFDC), The Nature Conservancy (TNC), and the National Corn Growers Association (NCGA). Their collective aim is to raise awareness about controlled-release fertilizers among farmers, with a positive ripple effect anticipated on the country's field crop production.
Understand The Key Trends Shaping This Market
Environmental concerns about excessive use of fertilizers and reduced nitrogen use by major crops may drive the CRF market
- In 2022, the United States recorded 28.7% share of the controlled-release fertilizer market. The market grew by 6.9% during the study period. Polymer coating emerged as the clear leader, commanding a 72.3% share in 2022. Around 69% of the US cropland is dedicated to field crops, including barley, corn, cotton, oats, peanuts, sorghum, soybeans, and wheat. Given the high nitrogen requirements of these crops, the adoption of polymer-coated urea, known for its nitrogen efficiency, is on the rise, further bolstering the market share of polymer-coated fertilizers.
- Canada is witnessing a surge in the cultivation of field crops like wheat, canola, and maize. To support this trend, the Canadian government, through initiatives like Farm Credit Canada, is facilitating increased credit accessibility for farmers, specifically for inputs like controlled-release fertilizers. This favorable environment is poised to propel the controlled-release fertilizer market in Canada in the coming years.
- In 2021, the Mexican legislature approved a USD 2.70 billion budget for the Secretariat of Agriculture and Rural Development (SADER) in its 2022 Federal Government Budget. Around 70% of this allocation was earmarked for fertilizer subsidies. This is expected to be a key driver for the controlled-release fertilizer market in Mexico.
- The Rest of North America is witnessing a surge in the adoption of controlled-release fertilizers driven by the push for precision agriculture practices and climate-smart initiatives. These measures address environmental concerns and promote sustainable farming practices.
- Across the region, the imperative to boost field crop production, coupled with robust government initiatives and growing farmer awareness, sets the stage for a promising market outlook in the coming years.
North America Controlled Release Fertilizer Industry Segmentation North America Controlled Release Fertilizer Industry Segmentation
Polymer Coated, Polymer-Sulfur Coated, Others are covered as segments by Coating Type. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Canada, Mexico, United States are covered as segments by Country.
- Between 2017 and 2021, the North American controlled-release fertilizers market witnessed a 9.1% growth. Precision farming, a widely embraced approach in the region, prioritizes timely and precise nutrient delivery to crops. Controlled-release fertilizers, in this context, assume a pivotal role, ensuring crops receive optimal nutrient dosages, thus becoming integral to precision farming.
- In 2022, field crops dominated the North American controlled-release fertilizers market, capturing 81.1% of the market share. Horticultural crops accounted for 15.8%. Controlled-release fertilizers found extensive usage in high-value crops like cereals, grains, vegetables, orchards, and nurseries. While specialty chemical adoption in row crops is not yet widespread, it is gradually rising due to surging grain prices, heightened environmental concerns, and stricter nutrient application regulations.
- In 2022, the United States led the consumption of controlled-release fertilizers, accounting for 73.0%. This dominance can be attributed to the nation's regulations governing nutrient application rates and fertilizer pollution control.
- Recognizing the technological strides in the fertilizer industry, the Environmental Protection Agency (EPA) and the US Department of Agriculture (USDA) have collaborated with key stakeholders like The Fertilizer Institute (TFI), the International Fertilizer Development Center (IFDC), The Nature Conservancy (TNC), and the National Corn Growers Association (NCGA). Their collective aim is to raise awareness about controlled-release fertilizers among farmers, with a positive ripple effect anticipated on the country's field crop production.
| Coating Type | |
| Polymer Coated | |
| Polymer-Sulfur Coated | |
| Others |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
Need A Different Region Or Segment?
North America Controlled Release Fertilizer Market Size Summary
The North America Controlled Release Fertilizer Market is experiencing significant growth, driven by the increasing adoption of precision farming techniques that emphasize timely and precise nutrient delivery to crops. This market is becoming integral to enhancing agricultural productivity across the region, with field crops such as cereals, grains, and vegetables being the primary beneficiaries. The United States leads in market consumption, supported by stringent regulations on nutrient application and pollution control, while Canada and Mexico are also witnessing growth due to government initiatives and subsidies aimed at boosting agricultural output. The market is characterized by the widespread use of polymer-coated fertilizers, which are gaining traction due to their nitrogen efficiency, particularly in regions with high nitrogen demand like the Corn Belt.
The market landscape is fairly consolidated, with major players like Grupa Azoty S.A., Haifa Group, ICL Group Ltd, New Mountain Capital, and Nutrien Ltd. dominating the scene. These companies are actively expanding their product offerings and market presence through strategic agreements and acquisitions. The focus on sustainable farming practices and climate-smart initiatives is further propelling the adoption of controlled-release fertilizers, addressing environmental concerns while meeting the nutrient needs of high-value crops. As the region continues to prioritize field crop production, the market outlook remains promising, with robust growth anticipated in the coming years.
North America Controlled Release Fertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Coating Type
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1.1.1 Polymer Coated
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1.1.2 Polymer-Sulfur Coated
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1.1.3 Others
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1.2 Crop Type
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1.2.1 Field Crops
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1.2.2 Horticultural Crops
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1.2.3 Turf & Ornamental
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Controlled Release Fertilizer Market Size FAQs
How big is the North America Controlled Release Fertilizer Market?
The North America Controlled Release Fertilizer Market size is expected to reach USD 570.15 million in 2024 and grow at a CAGR of 7.91% to reach USD 900.40 million by 2030.
What is the current North America Controlled Release Fertilizer Market size?
In 2024, the North America Controlled Release Fertilizer Market size is expected to reach USD 570.15 million.
