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Secondary Macronutrients Fertilizer Market Size

The Global Secondary Macronutrients Fertilizer Market is projected to experience significant growth over the forecast period, driven by various factors influencing its market size. The market's expansion is notably influenced by the increasing demand for sulfur, which addresses soil health and pH imbalances caused by intensive crop cultivation. Field crops dominate the market share due to their widespread cultivation and importance as staple foods. Soil application remains the most convenient and effective method for enhancing plant health and soil fertility. India stands out as a key market, with substantial deficiencies in essential nutrients driving the need for increased fertilizer application to boost agricultural productivity.

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Market Size of secondary macronutrients fertilizer Industry

Secondary Macronutrients Fertilizer Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 36.06 Billion
svg icon Market Size (2030) USD 49.28 Billion
svg icon Largest Share by Product Sulfur
svg icon CAGR (2024 - 2030) 5.34 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Secondary Macronutrients Fertilizer Market Analysis

The Secondary Macronutrients Fertilizer Market size is estimated at 36.06 billion USD in 2024, and is expected to reach 49.28 billion USD by 2030, growing at a CAGR of 5.34% during the forecast period (2024-2030).

36.06 Billion

Market Size in 2024 (USD)

49.28 Billion

Market Size in 2030 (USD)

3.89 %

CAGR (2017-2023)

5.34 %

CAGR (2024-2030)

Fastest Growing Type

5.81 %

Projected CAGR, Calcium, 2024-2030

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The demand for calcium fertilizers is growing in sandy and acidic types of soils due to the increasing cultivation of high-value crops in these types of soils.

Largest Segment by Crop Type

86.16 %

value share, Field Crops, 2023

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The requirement for secondary macronutrients is high in field crops such as wheat, corn, and soybean for the balance balanced nutrient supply to achieve optimal yield.

Largest Segment by Application Mode

89.41 %

value share, Soil, 2023

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Soil application is one of the most common methods for providing secondary macronutrients as it is economical, making it the largest segment in the market by application mode.

Largest segment by Country

23.37 %

value share, India, 2023

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Indian soils are deficient in sulfur by around 41%. Calcium and magnesium deficiencies are also becoming prominent. The application of these fertilizers is increasing to maximize productivity.

Leading Market Player

4.32 %

market share, Yara International ASA, 2022

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Yara has a strong presence in major agriculture-producing regions, YaraLiva, YaraMila and YaraRega are some of the popular secondary macronutrient fertilizers of the company.

The adoption of sulfur fertilizer is more than other secondary macronutrients

  • In 2021, sulfur accounted for 42.6% of the global secondary macronutrient fertilizer market. In 2021, the value of the European sulfur market was about USD 1.19 billion. In this market, specialty sulfur fertilizer accounted for a market share of approximately 49.4%, and conventional sulfur fertilizer accounted for about 50.1%. The adoption of specialty sulfur fertilizer is higher than that of other secondary macronutrients. The specialty sulfur fertilizer market is anticipated to reach USD 1.82 billion by the end of the forecast period.
  • Magnesium accounted for 48.9% of the global secondary macronutrient fertilizer market in 2021. Field crops accounted for a maximum share of 88.8%, followed by turf and ornamental crops and horticulture crops, holding shares of 3.9% and 7.3%, respectively. The largest fertilizer-consuming crops are wheat and corn, accounting for a total of 40.0% of the land area.
  • Calcium recorded 8.4% of the total value of the global secondary macronutrient fertilizer market, accounting for about USD 538.7 million in 2021. The Asia-Pacific region dominated the calcium fertilizer market and accounted for about 41.1% of the global calcium fertilizer market's value, registering USD 221.6 million in 2021. The dominance of the Asia-Pacific region in the calcium fertilizer market is mainly due to the acidification of soils, which means the loss of base cations, such as calcium and magnesium, and replacement with acidic elements, like iron and aluminum complexes.
  • The demand for secondary macronutrient fertilizer is anticipated to grow during the forecast period, as the need for higher productivity is increasing due to the decline in the area under the cultivation of crops.
Global Secondary Macronutrients Fertilizer Market

Climate changes and fluctuation in pH levels in soils may drive the market

  • Applying secondary macronutrient fertilizers impacts crop yields positively. The demand for calcium, magnesium, and sulfur has risen in tandem with modern high-yield crop systems, underscoring their pivotal role in plant productivity.
  • Asia-Pacific dominates the global secondary macronutrient fertilizer market, capturing 39.2% of its value in 2022. Within the region, sulfur claims the majority share at 63.5%, trailed by magnesium at 30.0%. Rice is the major grown cereal crop in Asia-Pacific, with the region accounting for 90% of global production and consumption. Given the region's sulfur-deficient soils, sulfur, a crucial trace element, is supplemented through fertilization to enhance plant growth and yield.
  • Europe secured the second-largest share of the global secondary macronutrient fertilizer market in 2022, with a share of 26.9%. Sulfur, commanding a hefty 67.4% of the market's value, emerged as the leading secondary macronutrient fertilizer in 2022. Russia, with a 19.2% market share, emerged as the dominant player in Europe's market landscape.
  • In 2022, the South American secondary macronutrient fertilizer market held an 11.5% share of the global market. Recent droughts and heat waves disrupted nutrient availability in the region's soils, driving up the adoption of secondary macronutrient fertilizers to counteract these deficiencies.
  • Secondary macronutrients play a pivotal role in maintaining balanced plant nutrition, with each nutrient influencing specific metabolic processes. This dynamic is poised to fuel the growth of the market in the coming years as the importance of optimized plant nutrition becomes increasingly recognized.

Secondary Macronutrients Fertilizer Industry Segmentation

Straight are covered as segments by Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.

  • In 2021, sulfur accounted for 42.6% of the global secondary macronutrient fertilizer market. In 2021, the value of the European sulfur market was about USD 1.19 billion. In this market, specialty sulfur fertilizer accounted for a market share of approximately 49.4%, and conventional sulfur fertilizer accounted for about 50.1%. The adoption of specialty sulfur fertilizer is higher than that of other secondary macronutrients. The specialty sulfur fertilizer market is anticipated to reach USD 1.82 billion by the end of the forecast period.
  • Magnesium accounted for 48.9% of the global secondary macronutrient fertilizer market in 2021. Field crops accounted for a maximum share of 88.8%, followed by turf and ornamental crops and horticulture crops, holding shares of 3.9% and 7.3%, respectively. The largest fertilizer-consuming crops are wheat and corn, accounting for a total of 40.0% of the land area.
  • Calcium recorded 8.4% of the total value of the global secondary macronutrient fertilizer market, accounting for about USD 538.7 million in 2021. The Asia-Pacific region dominated the calcium fertilizer market and accounted for about 41.1% of the global calcium fertilizer market's value, registering USD 221.6 million in 2021. The dominance of the Asia-Pacific region in the calcium fertilizer market is mainly due to the acidification of soils, which means the loss of base cations, such as calcium and magnesium, and replacement with acidic elements, like iron and aluminum complexes.
  • The demand for secondary macronutrient fertilizer is anticipated to grow during the forecast period, as the need for higher productivity is increasing due to the decline in the area under the cultivation of crops.
Type
Straight
Secondary Macronutrients
Calcium
Magnesium
Sulfur
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
Region
Asia-Pacific
Australia
Bangladesh
China
India
Indonesia
Japan
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
France
Germany
Italy
Netherlands
Russia
Spain
Ukraine
United Kingdom
Rest of Europe
Middle East & Africa
Nigeria
Saudi Arabia
South Africa
Turkey
Rest of Middle East & Africa
North America
Canada
Mexico
United States
Rest of North America
South America
Argentina
Brazil
Rest of South America
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Secondary Macronutrients Fertilizer Market Size Summary

The Global Secondary Macronutrients Fertilizer Market is poised for significant growth, driven by the increasing demand for enhanced agricultural productivity and soil health. This market encompasses essential nutrients like sulfur, magnesium, and calcium, which play crucial roles in plant metabolism and crop yield improvement. The market is characterized by a diverse application landscape, with soil application being the most prevalent method due to its ease and effectiveness in enhancing both plant and soil fertility. The Asia-Pacific region, particularly India, stands out as a dominant player, largely due to the prevalent nutrient deficiencies in its soils and the extensive cultivation of field crops. The region's market is further bolstered by the growing adoption of specialty fertilizers, which are gaining traction over conventional options.

The market landscape is moderately consolidated, with major companies like Coromandel International, Israel Chemicals Ltd., K+S AKTIENGESELLSCHAFT, The Mosaic Company, and Yara International holding significant shares. These companies are actively engaging in strategic partnerships and investments to expand their product offerings and leverage technological advancements in agriculture. The demand for secondary macronutrients is expected to rise as agricultural practices evolve to meet the challenges of declining arable land and the need for sustainable farming solutions. This trend is anticipated to drive the market's expansion, with sulfur, in particular, maintaining a substantial share due to its critical role in addressing soil health issues and supporting high-yield crop systems.

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Secondary Macronutrients Fertilizer Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Type

      1. 1.1.1 Straight

        1. 1.1.1.1 Secondary Macronutrients

          1. 1.1.1.1.1 Calcium

          2. 1.1.1.1.2 Magnesium

          3. 1.1.1.1.3 Sulfur

    2. 1.2 Application Mode

      1. 1.2.1 Fertigation

      2. 1.2.2 Foliar

      3. 1.2.3 Soil

    3. 1.3 Crop Type

      1. 1.3.1 Field Crops

      2. 1.3.2 Horticultural Crops

      3. 1.3.3 Turf & Ornamental

    4. 1.4 Region

      1. 1.4.1 Asia-Pacific

        1. 1.4.1.1 Australia

        2. 1.4.1.2 Bangladesh

        3. 1.4.1.3 China

        4. 1.4.1.4 India

        5. 1.4.1.5 Indonesia

        6. 1.4.1.6 Japan

        7. 1.4.1.7 Pakistan

        8. 1.4.1.8 Philippines

        9. 1.4.1.9 Thailand

        10. 1.4.1.10 Vietnam

        11. 1.4.1.11 Rest of Asia-Pacific

      2. 1.4.2 Europe

        1. 1.4.2.1 France

        2. 1.4.2.2 Germany

        3. 1.4.2.3 Italy

        4. 1.4.2.4 Netherlands

        5. 1.4.2.5 Russia

        6. 1.4.2.6 Spain

        7. 1.4.2.7 Ukraine

        8. 1.4.2.8 United Kingdom

        9. 1.4.2.9 Rest of Europe

      3. 1.4.3 Middle East & Africa

        1. 1.4.3.1 Nigeria

        2. 1.4.3.2 Saudi Arabia

        3. 1.4.3.3 South Africa

        4. 1.4.3.4 Turkey

        5. 1.4.3.5 Rest of Middle East & Africa

      4. 1.4.4 North America

        1. 1.4.4.1 Canada

        2. 1.4.4.2 Mexico

        3. 1.4.4.3 United States

        4. 1.4.4.4 Rest of North America

      5. 1.4.5 South America

        1. 1.4.5.1 Argentina

        2. 1.4.5.2 Brazil

        3. 1.4.5.3 Rest of South America

Secondary Macronutrients Fertilizer Market Size FAQs

The Global Secondary Macronutrients Fertilizer Market size is expected to reach USD 36.06 billion in 2024 and grow at a CAGR of 5.34% to reach USD 49.28 billion by 2030.

In 2024, the Global Secondary Macronutrients Fertilizer Market size is expected to reach USD 36.06 billion.

Secondary Macronutrients Fertilizer Market Report Snapshots

Secondary Macronutrients Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030