Global fertilizer market seen reaching $251.57 billion by 2030

By AI, Created 11:22 AM UTC, June 02, 2026, /AGP/ – Allied Market Research projects the global fertilizer market will grow from $184.60 billion in 2021 to $251.57 billion by 2030, driven by rising crop demand and fertilizer use in agriculture. The report also says Asia-Pacific will remain the largest regional market while organic fertilizers post the fastest growth.

Why it matters: - Fertilizer demand is tied directly to crop output, soil health, and food supply. - The market forecast points to steady expansion through 2030, even as chemical fertilizer concerns create room for organic alternatives. - The projected shift matters for growers, suppliers, and regional markets focused on agricultural productivity.

What happened: - Allied Market Research released a report on the global fertilizer market covering organic and inorganic products, dry and liquid forms, and agriculture, horticulture, gardening, and other uses. - The report estimates the market generated $184.60 billion in 2021 and will reach $251.57 billion by 2030. - The forecast implies a CAGR of 3.55% from 2022 to 2030. - The report was published on June 2, 2026. - The company offers a downloadable PDF brochure and a purchase inquiry page for the study.

The details: - The report identifies soil water retention, microorganism reproduction, and improved soil physical and chemical properties as key benefits supporting market growth. - Better soil nutrients and higher crop yields from fertilizer use also support demand. - Chemical fertilizers remain a drag on growth because of their effects on arable land. - Rising demand for organic fertilizers is expected to open new opportunities. - The inorganic fertilizer segment led the market in 2021 and is expected to remain the largest segment through 2030. - The dry form segment also led in 2021 and is projected to keep that position during the forecast period. - The agriculture application segment held the largest share in 2021, accounting for nearly half of the global market, and is expected to stay in front through 2030. - Horticulture is projected to post the fastest CAGR at 3.9% from 2022 to 2030, helped by investment in vertical farming. - Inorganic fertilizers accounted for about 92% of global revenue in 2021 and are expected to keep their lead. - Organic fertilizers are projected to grow the fastest, at a CAGR of 5.5% from 2022 to 2030. - Asia-Pacific held more than half of global revenue in 2021 and is expected to remain the top regional market by 2030. - Asia-Pacific is also forecast to grow the fastest regionally, at a CAGR of 3.7%. - The report also examines North America, Europe, and LAMEA. - The study lists Nutrien Ltd., Yara International, The Mosaic Company, Eurochem, Israel Chemicals Limited, CF Industries, OCP, PhosAgro, OCI, Uralkali, and K+S Aktiengesellschaft as leading market players.

Between the lines: - The forecast still favors conventional fertilizer categories, which suggests current farming demand remains anchored in high-volume, established inputs. - Organic fertilizers are gaining momentum, but the report’s share data shows they are starting from a much smaller base. - Asia-Pacific’s dominance reflects both scale and continued pressure to raise agricultural output for growing populations.

What’s next: - The market is expected to keep expanding through 2030 as agriculture demand rises. - Organic fertilizers and horticulture are likely to attract more investment if concerns about soil quality and sustainable growing practices intensify. - Asia-Pacific is likely to stay the central growth engine for the industry.

The bottom line: - Fertilizer demand is projected to grow steadily through 2030, but the biggest near-term market share still belongs to inorganic products and agriculture.