United States Fertilizers Market Size

The United States Fertilizers Market is projected to experience growth over the forecast period, driven by the significant demand in field crops, particularly corn and soybeans, which dominate the market share. Conventional fertilizers hold a substantial portion of the market due to their cost-effectiveness and widespread adoption among farmers. The horticulture sector, although smaller, is expanding, with states like California and Florida leading in sales. The trend towards using fertilizers for turf and ornamental plants is also contributing to market growth, as consumers increasingly seek well-maintained landscapes. Additionally, government initiatives aimed at agricultural self-sufficiency are fostering the development of new cultivation strategies, further influencing the market's expansion.

Market Size of united states fertilizers Industry

United States Fertilizers Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 28.69 Billion
svg icon Market Size (2030) USD 38.08 Billion
svg icon Largest Share by Crop Type Field Crops
svg icon CAGR (2024 - 2030) 4.83 %
svg icon Fastest Growing by Crop Type Horticultural Crops

Major Players

United States Fertilizers Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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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

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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

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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

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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

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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.

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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 Market

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.
Type
Complex
Straight
Micronutrients
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous
Ammonium Nitrate
Anhydrous Ammonia
Urea
Others
Phosphatic
DAP
MAP
SSP
TSP
Potassic
MoP
SoP
Others
Secondary Macronutrients
Calcium
Magnesium
Sulfur
Form
Conventional
Speciality
CRF
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
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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.

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United States Fertilizers Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Type

      1. 1.1.1 Complex

      2. 1.1.2 Straight

        1. 1.1.2.1 Micronutrients

          1. 1.1.2.1.1 Boron

          2. 1.1.2.1.2 Copper

          3. 1.1.2.1.3 Iron

          4. 1.1.2.1.4 Manganese

          5. 1.1.2.1.5 Molybdenum

          6. 1.1.2.1.6 Zinc

          7. 1.1.2.1.7 Others

        2. 1.1.2.2 Nitrogenous

          1. 1.1.2.2.1 Ammonium Nitrate

          2. 1.1.2.2.2 Anhydrous Ammonia

          3. 1.1.2.2.3 Urea

          4. 1.1.2.2.4 Others

        3. 1.1.2.3 Phosphatic

          1. 1.1.2.3.1 DAP

          2. 1.1.2.3.2 MAP

          3. 1.1.2.3.3 SSP

          4. 1.1.2.3.4 TSP

        4. 1.1.2.4 Potassic

          1. 1.1.2.4.1 MoP

          2. 1.1.2.4.2 SoP

          3. 1.1.2.4.3 Others

        5. 1.1.2.5 Secondary Macronutrients

          1. 1.1.2.5.1 Calcium

          2. 1.1.2.5.2 Magnesium

          3. 1.1.2.5.3 Sulfur

    2. 1.2 Form

      1. 1.2.1 Conventional

      2. 1.2.2 Speciality

        1. 1.2.2.1 CRF

        2. 1.2.2.2 Liquid Fertilizer

        3. 1.2.2.3 SRF

        4. 1.2.2.4 Water Soluble

    3. 1.3 Application Mode

      1. 1.3.1 Fertigation

      2. 1.3.2 Foliar

      3. 1.3.3 Soil

    4. 1.4 Crop Type

      1. 1.4.1 Field Crops

      2. 1.4.2 Horticultural Crops

      3. 1.4.3 Turf & Ornamental

United States Fertilizers Market Size FAQs

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.

In 2024, the United States Fertilizers Market size is expected to reach USD 28.69 billion.

United States Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030