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Specialty Fertilizers Market Soars As Global Demand For Agricultural Goods Surges: The Driving Engine Behind Specialty Fertilizers Market Evolution in 2025

07-23-2025 12:57 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Specialty Fertilizers

Specialty Fertilizers

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What Is the Expected CAGR for the Specialty Fertilizers Market Through 2025?
In recent times, there has been a robust expansion in the size of the specialty fertilizers market. The projected growth trajectory showcases an increase from $30.4 billion in 2024 to $32.51 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. Factors that have significantly contributed to the growth in the past include strategies for crop yield maximization, burgeoning awareness regarding soil health, government incentives and subsidies, a move towards precision agriculture, the growth of horticulture and floriculture industries, as well as heightened concerns regarding environmental sustainability.

What's the Projected Size of the Global Specialty Fertilizers Market by 2029?
In the coming years, the specialty fertilizers market is projected to experience robust growth, swelling to $43.34 billion in 2029 with a compound annual growth rate (CAGR) of 7.5%. The growth anticipated in the forecast period is due to factors such as increasing population and food security issues, focus on sustainable agriculture methods, adaptation to climate change, and an increase in organic farming practices, alongside the entry of new players into the market. Key trends in the forecast period encompass enhancements in research and development, precision farming technologies, advancements in fertilizer production technology, a rise in the demand for controlled-release fertilizers, and personalized fertilizer mixes.

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Top Growth Drivers in the Specialty Fertilizers Industry: What's Accelerating the Market?
The specialty fertilizers market's expansion is projected to be fueled by an uptick in the need for agricultural products. These farm or agricultural land-produced goods are seeing growing demand due to the global population surge. Specialty fertilizers, which supply plants with essential nutrients to enhance production rates, are utilized for specific tasks. For example, a report from the Organization for Economic Co-operation and Development, a French intergovernmental organization, indicated in June 2022 that a 28% increase in agricultural productivity is needed over the following ten years to meet the no-hunger aim. Furthermore, by 2030, it's expected that worldwide crop production will rise by 87%. Consequently, the mounting demand for agricultural products is fueling the specialty fertilizers market's expansion.

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What Trends Will Shape the Specialty Fertilizers Market Through 2029 and Beyond?
Rapid progress in technology is a notable emerging trend within the specialty fertilizers market. Firms in the sector are harnessing these fresh technologies to maintain their competitive edge. Demonstrating this trend, in September 2022, ICL Specialty Fertilizers, a chemical business based in Israel that manufactures sustainable nutrition and plant defense products, unveiled their Biodegradable Controlled Release Fertilizer (CRF) Technology for urea coating. This innovate technology promotes higher yields while using less fertilizer.

What Are the Main Segments in the Specialty Fertilizers Market?
The specialty fertilizers market covered in this report is segmented -

1) By Type: Controlled Release Fertilizers, Water Soluble Fertilizers, Agricultural Micronutrients, Customized Fertilizers
2) By Crop: Cereals, Pulses And Oil Seeds, Fruits And Vegetables, Trufs And Ornamentals, Other Crops
3) By Form: Dry, Liquid
4) By Technology: Slow-Release, N-Stabilizers, Coated And Encapsulated, Chelated
5) By Application: Soil, Foliar, Fertigation

Subsegments:
1) By Controlled Release Fertilizers: Coated Fertilizers, Encapsulated Fertilizers
2) By Water Soluble Fertilizers: Nitrogen-Phosphorus-Potassium (NPK) Solutions: Specialty Nutrient Solutions (Calcium, Magnesium), Foliar Fertilizers
3) By Agricultural Micronutrients: Boron, Zinc, Iron, Manganese
4) By Customized Fertilizers: Blended Fertilizers, Tailored Nutrient Solutions, Fertilizers For Specific Crop Requirements

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Which Top Companies are Driving Growth in the Specialty Fertilizers Market?
Major companies operating in the specialty fertilizers market include Koch Industries Inc., Nutrien Ltd., Yara International ASA, The Mosaic Company, CF Industries Holdings Inc., The OCP Group, EuroChem Group, Sociedad Quimica y Minera SA, Israel Chemicals Ltd., J.R. Simplot Company, K+S Aktiengesellschaft, Wilbur-Ellis Company, Nufarm Canada, Coromandel International Limited, Arab Potash Company, Haldor Topsoe A/S, Compo Expert GmbH, Sinochem Group, Valagro S.p.A., Haifa Group, Helena Agri-Enterprises LLC, Miller Chemical & Fertilizer LLC, Kugler Company, Suståne Natural Fertilizer Inc., Van Iperen International, Greenway Biotech Inc., Daymsa, Sapec Agro S.A., Rural Liquid Fertilisers

Which Regions Will Dominate the Specialty Fertilizers Market Through 2029?
North America was the largest region in the specialty fertilizers market in 2024. The regions covered in the specialty fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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