Market Size of united states fertilizers Industry
Icons | Lable | Value |
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Study Period | 2017 - 2030 | |
Market Size (2024) | USD 28.69 Billion | |
Market Size (2030) | USD 38.08 Billion | |
Largest Share by Crop Type | Field Crops | |
CAGR (2024 - 2030) | 4.83 % | |
Fastest Growing by Crop Type | Horticultural Crops | |
Market Concentration | High | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
United States Fertilizers Market Analysis
The United States Fertilizers Market size is estimated at 28.69 billion USD in 2024, and is expected to reach 38.08 billion USD by 2030, growing at a CAGR of 4.83% during the forecast period (2024-2030).
28.69 Billion
Market Size in 2024 (USD)
38.08 Billion
Market Size in 2030 (USD)
5.04 %
CAGR (2017-2023)
4.83 %
CAGR (2024-2030)
Largest segment by Product
25.89 %
value share, Urea, 2023
The advancements in manufacturing technologies, like the CO2 stripping urea process, will reduce steam consumption leading to reduced cost and making urea more affordable.
Largest Segment by Crop Type
87.18 %
value share, Field Crops, 2023
Due to intensive cultivation and monoculture practices, field crops have depleted the nutrients in the soil. Thus, leading to higher specialty fertilizer consumption.
Fastest Growing Speciality Type
8.09 %
Projected CAGR, CRF, 2024-2030
Rising government regulations to reduce the environmental impact of over-accumulation of fertilizers and CRF's ability to reduce soil depletion may further drive the market.
Largest segment by Application Mode
78.25 %
value share, Soil, 2023
Adoption of sustainable agricultural practices and efficient fertilizers like CRFs, SRFs are applied through soil application mode resulted in higher market share
Leading Market Player
18.62 %
market share, CF Industries Holdings, Inc., Inc.
CF industries became a market leader by investing USD 41.4 million to enhance nitric acid production at the largest nitrogen fertilizer complex in Donaldsonville, Louisiana.
Field crops dominated the market owing to their larger cultivation area
- Field crops hold a major share of the US fertilizer market, as they accounted for 87.2% in 2022. The largest crop in the United States in terms of total production is corn, the majority of which grows in a region known as the Corn Belt. The second-largest crop grown in the United States is soybeans. Like corn, farmers primarily grow soybeans in the Midwestern states.
- Horticulture production primarily occurs in 10 states, with California, Florida, and Oregon leading the country in sales. Conventional fertilizers occupied a maximum share of 77.6% in 2022, followed by specialty fertilizers with 22.4%. The higher share of conventional fertilizers is due to the higher adoption of conventional fertilizers by farmers and their lower prices compared to specialty fertilizers.
- Turf and ornamental crops contribute to 10.3% of the US fertilizer market. The increased use of fertilizers in turf and ornamental plants in the United States is a common trend. This trend is often driven by the desire for well-manicured lawns, gardens, and landscapes. The market is expected to register a CAGR of 4.2% from 2023 to 2030.
- Conventional fertilizers occupied a maximum share of 77.8% in 2022. Conventional fertilizers are often more cost-effective than other alternatives, making them a practical choice for large-scale agriculture and commercial landscaping.
- The rising demand for major field crops, the expansion of cultivated areas for fruits and turf, and the government's emphasis on self-sufficiency have led to the development of strategies like greenhouse production of ornamental flowers. This development is expected to significantly contribute to segmental growth, with a projected CAGR of 4.7% between 2023 and 2030.
United States Fertilizers Industry Segmentation
Complex, Straight are covered as segments by Type. Conventional, Speciality are covered as segments by Form. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
- Field crops hold a major share of the US fertilizer market, as they accounted for 87.2% in 2022. The largest crop in the United States in terms of total production is corn, the majority of which grows in a region known as the Corn Belt. The second-largest crop grown in the United States is soybeans. Like corn, farmers primarily grow soybeans in the Midwestern states.
- Horticulture production primarily occurs in 10 states, with California, Florida, and Oregon leading the country in sales. Conventional fertilizers occupied a maximum share of 77.6% in 2022, followed by specialty fertilizers with 22.4%. The higher share of conventional fertilizers is due to the higher adoption of conventional fertilizers by farmers and their lower prices compared to specialty fertilizers.
- Turf and ornamental crops contribute to 10.3% of the US fertilizer market. The increased use of fertilizers in turf and ornamental plants in the United States is a common trend. This trend is often driven by the desire for well-manicured lawns, gardens, and landscapes. The market is expected to register a CAGR of 4.2% from 2023 to 2030.
- Conventional fertilizers occupied a maximum share of 77.8% in 2022. Conventional fertilizers are often more cost-effective than other alternatives, making them a practical choice for large-scale agriculture and commercial landscaping.
- The rising demand for major field crops, the expansion of cultivated areas for fruits and turf, and the government's emphasis on self-sufficiency have led to the development of strategies like greenhouse production of ornamental flowers. This development is expected to significantly contribute to segmental growth, with a projected CAGR of 4.7% between 2023 and 2030.
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Form | ||||||
Conventional | ||||||
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Application Mode | |
Fertigation | |
Foliar | |
Soil |
Crop Type | |
Field Crops | |
Horticultural Crops | |
Turf & Ornamental |
United States Fertilizers Market Size Summary
The United States fertilizers market is poised for significant growth, driven by the increasing demand for field crops such as corn and soybeans, which dominate the agricultural landscape. The market is characterized by a substantial reliance on conventional fertilizers, which are favored for their cost-effectiveness and widespread adoption among farmers. The Corn Belt region, encompassing key states like Illinois and Iowa, plays a crucial role in this sector, with corn and soybeans being the primary crops. Horticulture also contributes to the market, with states like California and Florida leading in sales. The trend towards enhanced agricultural productivity, coupled with government initiatives aimed at self-sufficiency, is expected to bolster the market further.
The market landscape is fairly consolidated, with major players like CF Industries Holdings, Nutrien Ltd., and The Mosaic Company dominating the scene. These companies are actively engaging in strategic partnerships and expansions to meet the growing demand for fertilizers. Innovations in precision application technologies are helping farmers optimize their input usage, thereby reducing costs and increasing efficiency. As the United States continues to face challenges such as limited farmland and a growing population, the role of fertilizers in enhancing crop yields and supporting sustainable agricultural practices becomes increasingly vital. The market's growth trajectory is supported by ongoing investments and developments in the sector, ensuring a robust outlook for the coming years.
United States Fertilizers 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 Type
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1.1.1 Complex
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1.1.2 Straight
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1.1.2.1 Micronutrients
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1.1.2.1.1 Boron
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1.1.2.1.2 Copper
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1.1.2.1.3 Iron
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1.1.2.1.4 Manganese
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1.1.2.1.5 Molybdenum
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1.1.2.1.6 Zinc
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1.1.2.1.7 Others
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1.1.2.2 Nitrogenous
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1.1.2.2.1 Ammonium Nitrate
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1.1.2.2.2 Anhydrous Ammonia
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1.1.2.2.3 Urea
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1.1.2.2.4 Others
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1.1.2.3 Phosphatic
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1.1.2.3.1 DAP
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1.1.2.3.2 MAP
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1.1.2.3.3 SSP
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1.1.2.3.4 TSP
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1.1.2.4 Potassic
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1.1.2.4.1 MoP
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1.1.2.4.2 SoP
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1.1.2.4.3 Others
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1.1.2.5 Secondary Macronutrients
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1.1.2.5.1 Calcium
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1.1.2.5.2 Magnesium
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1.1.2.5.3 Sulfur
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1.2 Form
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1.2.1 Conventional
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1.2.2 Speciality
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1.2.2.1 CRF
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1.2.2.2 Liquid Fertilizer
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1.2.2.3 SRF
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1.2.2.4 Water Soluble
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1.3 Application Mode
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1.3.1 Fertigation
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1.3.2 Foliar
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1.3.3 Soil
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1.4 Crop Type
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1.4.1 Field Crops
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1.4.2 Horticultural Crops
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1.4.3 Turf & Ornamental
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United States Fertilizers Market Size FAQs
How big is the United States Fertilizers Market?
The United States Fertilizers Market size is expected to reach USD 28.69 billion in 2024 and grow at a CAGR of 4.83% to reach USD 38.08 billion by 2030.
What is the current United States Fertilizers Market size?
In 2024, the United States Fertilizers Market size is expected to reach USD 28.69 billion.