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Secondary Agricultural Nutrients Global Market Insights: Growth Drivers, Size & Forecasts to 2029
Secondary Agricultural Nutrients Market
What Is the Forecasted Market Growth Rate of the Secondary Agricultural Nutrients Industry?
The market size for secondary agricultural nutrients has consistently expanded over the past few years. Predictions show a growth from $44.87 billion in 2024 to $46.02 billion in 2025 with a compound annual growth rate (CAGR) of 2.6%. The expansion in the historical period can be accredited to factors like farming methods, awareness about soil health, crop yield and quality, market need and acceptance, and weather conditions.
How Will the Secondary Agricultural Nutrients Market Size Evolve From 2025 to 2029?
In the coming years, the secondary agricultural nutrients market is projected to exhibit significant growth, expanding to a size of $57.88 billion in 2029 with a 5.9% compound annual growth rate (CAGR). Factors attributing to this growth for the predicted period include rising consumer awareness, worldwide agricultural tendencies, research and development initiatives, market expansion, and environmental regulation. Key trends during this forecast period will encompass sustainable agriculture, precision farming, diversification of crops, trends in organic farming, and supplier innovations.
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What Are the Main Growth Drivers in the Secondary Agricultural Nutrients Market Today?
The increase in soil pollution is anticipated to drive the expansion of the secondary agricultural nutrients market in the future. Soil pollution is characterized by the existence of harmful substances or contaminations in the soil beyond the permissible limits. This type of pollution can significantly affect the availability and absorption of secondary agricultural nutrients by plants. For example, EcoWatch, a US news website and media organization affiliated in May 2022, proclaimed that the land contaminated by Per- and poly-fluoroalkyl substances (PFAS) increased to 20 million acres in comparison to the preceding year. Consequently, the escalation in soil pollution is a primary force propelling the growth of the secondary agricultural nutrients market in the future.
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Which Secondary Agricultural Nutrients Market Segment Is Expected to Lead Through 2029?
The secondary agricultural nutrients market covered in this report is segmented -
1) By Nutrient Type: Sulphur, Calcium, Magnesium
2) By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turfs and Ornamentals, Other Crop Types
3) By Application Method: Solid, Liquid
Subsegments:
1) By Sulphur: Elemental Sulphur, Sulphate Forms
2) By Calcium: Calcium Carbonate, Calcium Sulfate, Calcium Nitrate
3) By Magnesium: Magnesium Sulfate, Magnesium Oxide, Magnesium Nitrate
Which Market Trends Are Expected to Dominate Secondary Agricultural Nutrients Industry Growth?
The increased inclination towards product innovations is a notable trend in the secondary agricultural nutrients market. In an effort to maintain their market position, businesses in the secondary agricultural nutrients market are concentrating on the creation of innovative products. For instance, Nufarm Ltd, an agricultural firm based in Australia, unveiled the Tourney EZ fungicide in April 2023. This liquid fertilizer is utilized in agriculture to supply key nutrients to crops and is intended to be used alongside other crop protection products like herbicides and fungicides to boost plant health and enhance yield.
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Which Companies Hold the Largest Market Share in the Secondary Agricultural Nutrients Sector?
Major companies operating in the secondary agricultural nutrients market include Nutrien Ltd, Deepak Fertilizers and Petrochemicals Corporation Limited, Yara International ASA, Coromandel International Limited, Nufarm Limited, The Mosaic Company, Haifa Group, Israel Chemicals Ltd., Sapec Agro S.A., Impact Fertilizer Pty Ltd, Calcium Products Inc., Koch Industries Inc., Evergrow Solutions, Koch AG & Energy Solutions LLC, Agriculture Solutions Inc., KS AG, IFFCO, SABIC, URALCHEM JSC, CF Industries Holdings Inc., Wilbur-Ellis Company LLC, Aries Agro, Aditya Microdynamic, Acadian Seaplants Limited, Sinochem Group, Qatar Fertiliser Company (QAFCO), Rubamin, SQM S.A., Compass Minerals, Tessenderlo Group, Kugler Company, Brandt Consolidated, Verdesian Life Sciences, BioWorks Inc., Fertiberia, Omex Agrifluids, Tradecorp International
Where Is the Secondary Agricultural Nutrients Market Experiencing the Highest Growth?
North America was the largest region in the secondary agricultural nutrients market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global secondary agricultural nutrient market report during the forecast period. The regions covered in the secondary agricultural nutrients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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