Global Controlled Release Fertilizer Market Worth $5.31 Billion by 2029, Growing at 9.7% CAGR

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Controlled Release Fertilizer Market Outlook: What Size And CAGR Are Anticipated By 2025?
In recent years, the market size of controlled release fertilizer has seen robust growth. The market, which is set to expand from a value of $3.41 billion in 2024 to $3.66 billion in 2025 with a compound annual growth rate (CAGR) of 7.5%, owes its rise to factors during the historical period. These include noticeable economic expansion in developing regions, an increase in the need for agricultural items, a growing preference for vegan food, and an enhancement in the demand for organic produce.

What Is the Expected CAGR for the Controlled Release Fertilizer Market Growth Through 2029?
Anticipated to witness a robust increase in the coming years, the market size of the controlled release fertilizer is slated to expand to $5.31 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.7%. The surge during the forecast period is likely due to the widespread adoption of advanced agricultural approaches, escalating population, increasing number of government schemes, and vigorous research and development activities. The forecast period too would see several key trends such as technological upgradation, product novelty, rising investments, mergers and acquisitions, and alliances and collaborations.

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What Are the Primary Drivers Behind Controlled Release Fertilizer Market Growth?
The growth of the controlled-release fertilizer market is being significantly fueled by the rising adoption of modern agriculture practices. Modern agriculture, essentially a progressive approach to agricultural innovations and farming techniques, enables farmers to enhance effectiveness and reduce the amount of needed natural resources such as water, land, and energy to meet global food, fuel, and fiber needs. Controlled-release fertilizers incorporate precision fertilizer techniques using 4-R - dispensing the accurate quantity of fertilizer at the correct timing to the appropriate plant at the suitable growth stage. Notably, a report released in August 2023 by the United States Department of Agriculture, a US federal agency, revealed that between 2021 and 2023 the average adoption of precision agriculture increased from 25% to 27% in the US. Furthermore, North Dakota is the standout state, holding the highest adoption rate at 57%, with states like Illinois, Iowa, Kansas, Nebraska, and South Dakota following closely with rates of 49% or more. Hence, it can be concluded that the uptick in the adoption of modern agriculture practices is projected to further boost the growth of the controlled-release fertilizer market.

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What Are the Key Segments Driving Controlled Release Fertilizer Market Growth?
The controlled release fertilizer market covered in this report is segmented -

1) By Type: Slow Release, Nitrogen Stabilizers, Coated And Encapsulated
2) By Form: Liquid, Granular, Powder
3) By Application: Foliar, Fertigation, Soil, Other Applications
4) By End Use: Grains And Cereals, Pulses And Oilseeds, Commercial Crops, Fruits And Vegetables, Turf And Ornamentals, Other End Uses

Subsegments:
1) By Slow Release: Urea-Formaldehyde, Sulfur-Coated Urea, Polymer-Coated Fertilizers
2) By Nitrogen Stabilizers: Urease Inhibitors, Nitrification Inhibitors
3) By Coated And Encapsulated: Polymer-Coated, Sulfur-Coated, Resin-Coated

What Are the Technological Trends Impacting the Controlled Release Fertilizer Market?
Leading firms in the controlled-release fertilizer industry are making strategic investments such as production facilities in order to fortify their market standing. Controlled-release fertilizer production plants are unique establishments that manufacture fertilizers, which are engineered to gradually release nutrients over a period of time for optimal plant absorption and minimal environmental harm. In September 2023, Sollio Agriculture, an agricultural firm based in Canada, launched CRF Agritech, a fresh manufacturing plant for controlled-release fertilizers situated in St. Thomas, Ontario. With a standing area of 25,800 square feet, the plant reflects an investment of more than C$25 million. It is envisaged to produce state-of-the-art controlled-release fertilizers, including PurYield for the farmers in Eastern Canada and the Northeastern United States. Alongside, it will also have the capability to generate other coated fertilizers for non-farming uses. The facility, when operating at its maximum, anticipates a production of over 100,000 tons each year.

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Who Are the Major Competitors in the Global Controlled Release Fertilizer Market?
Major companies operating in the controlled release fertilizer market include Yara International ASA, Kingenta, Nutrien Ltd, Sociedad Quimica y Minera de Chile S.A, Jcam Agri, Helena chemical company, Compo Expert GMbh, Nufarm Ltd, Sunpalm Australia, Hebei Woze Wufeng Biological Technology Co. Ltd, Hebei Sanyuanjiuqi Fertilizer Co. Ltd, Haifa Group, China BlueChemical Ltd, CF Industries, Borealis, Fertilore, HELM IBÉRICA SA, ADOB, Uralchem, PhosAgro, Acron, UralKali, Yara Canada Inc, The Mosaic Company, Verdesian, Koch Fertilizer, Wilbur-Ellis Company LLC, ScottsMiracle-Gro, K+S Potash Canada, ArrMaz, Agrium U.S. Inc, Nortox, Israel Chemicals Ltd (ICL), Qatar Fertilizer Co (QAFCO), Indorama Eleme Fertilizer & Chemicals Limited, Dangote Fertilizer, Twiga Chemical Industries Limited, Kynoch.

Which Region Dominates the Controlled Release Fertilizer Market Share in 2025?
Asia-Pacific was the largest region in the controlled release fertilizer market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the controlled release fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Europe +44 7882 955267,
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The Business Research Company - www.thebusinessresearchcompany.com
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