Market Size of united states specialty fertilizer Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 6.72 Billion |
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Market Size (2030) | USD 9.17 Billion |
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Largest Share by Speciality Type | Water Soluble |
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CAGR (2024 - 2030) | 5.32 % |
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Fastest Growing by Speciality Type | CRF |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
United States Specialty Fertilizer Market Analysis
The United States Specialty Fertilizer Market size is estimated at 6.72 billion USD in 2024, and is expected to reach 9.17 billion USD by 2030, growing at a CAGR of 5.32% during the forecast period (2024-2030).
6.72 Billion
Market Size in 2024 (USD)
9.17 Billion
Market Size in 2030 (USD)
5.07 %
CAGR (2017-2023)
5.32 %
CAGR (2024-2030)
Largest segment by Speciality Type
47.65 %
value share, Water Soluble, 2023
The demand for water-soluble fertilizers is driven by the wide range of nutrient grades and different methods of application such as foliar, fertigation, and soil application.
Fastest Growing Speciality Type
8.09 %
Projected CAGR, CRF, 2024-2030
The efficiency of Controlled-Release Fertilizers to gradual and extended release of nutrients to ensure consistent supply of essential elements over the entire growing season.
Largest Segment by Crop Type
9.26 %
Projected CAGR, Horticultural Crops, 2024-2030
The rising fruit and vegetable production in the country may increase demand for more specialty fertilizers which aids in boosting the crop yield during the forecast period.
Largest segment by Application Mode
48.36 %
value share, Fertigation, 2023
The fertigation method is becoming a more popular method of fertilizer application due to its numerous advantages, including increased fertilizer absorption, and reduced wastage.
Leading Market Player
31.10 %
market share, CF Industries Holdings, Inc., Inc.
The company boasts highly efficient manufacturing facilities, making it a cost-effective player on a global scale. CF Industries has notably bolstered its market share, capitalizing on the rising prices of specialty fertilizers.
The adoption of sustainable and irrigation agricultural practices is on the rise, leading to a surge in specialty adoption
- From 2017 to 2022, the specialty fertilizer market in the United States witnessed a 5.3% volume growth, propelled by its potential and expanding market opportunities across diverse crop types.
- By 2022, water-soluble fertilizers commanded a significant market share of 48.2%, followed by liquid fertilizers at 45.8% and controlled-release fertilizers (CRF) at 4.9%. In contrast, slow-release fertilizers held a modest 0.6% share, primarily due to their limited adoption in major crops like wheat, maize, and other cereals.
- The demand for water-soluble fertilizers is buoyed by their diverse nutrient grades and versatile application methods, including foliar, fertigation, and soil application. Notably, water-soluble fertilizers witnessed a 7.8% volume growth during the study period.
- The liquid fertilizers segment in the United States witnessed a notable 2.0% growth during the study period. This growth can be attributed to factors such as the rising adoption of precision farming, the ease of application, and the availability of wagons. Furthermore, the country's expanding micro-irrigation system is poised to further bolster this segment's growth.
- In 2017, the country had 58 million acres of irrigated cropland. The even distribution of water-soluble fertilizers through the developing micro-irrigation system led to heightened nutrient availability, resulting in improved nutrient supplementation efficiency.
- With a projected CAGR of 5.2%, the US specialty fertilizer market is set to gain momentum from 2023 to 2030. This growth is underpinned by a heightened governmental focus on curbing the environmental impact of conventional fertilizers and the concurrent surge in technological and scientific advancements.
United States Specialty Fertilizer Industry Segmentation
CRF, Liquid Fertilizer, SRF, Water Soluble are covered as segments by Speciality Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
- From 2017 to 2022, the specialty fertilizer market in the United States witnessed a 5.3% volume growth, propelled by its potential and expanding market opportunities across diverse crop types.
- By 2022, water-soluble fertilizers commanded a significant market share of 48.2%, followed by liquid fertilizers at 45.8% and controlled-release fertilizers (CRF) at 4.9%. In contrast, slow-release fertilizers held a modest 0.6% share, primarily due to their limited adoption in major crops like wheat, maize, and other cereals.
- The demand for water-soluble fertilizers is buoyed by their diverse nutrient grades and versatile application methods, including foliar, fertigation, and soil application. Notably, water-soluble fertilizers witnessed a 7.8% volume growth during the study period.
- The liquid fertilizers segment in the United States witnessed a notable 2.0% growth during the study period. This growth can be attributed to factors such as the rising adoption of precision farming, the ease of application, and the availability of wagons. Furthermore, the country's expanding micro-irrigation system is poised to further bolster this segment's growth.
- In 2017, the country had 58 million acres of irrigated cropland. The even distribution of water-soluble fertilizers through the developing micro-irrigation system led to heightened nutrient availability, resulting in improved nutrient supplementation efficiency.
- With a projected CAGR of 5.2%, the US specialty fertilizer market is set to gain momentum from 2023 to 2030. This growth is underpinned by a heightened governmental focus on curbing the environmental impact of conventional fertilizers and the concurrent surge in technological and scientific advancements.
| Speciality Type | |||||
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| Liquid Fertilizer | |||||
| SRF | |||||
| Water Soluble |
| Application Mode | |
| Fertigation | |
| Foliar | |
| Soil |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
United States Specialty Fertilizer Market Size Summary
The United States specialty fertilizer market is experiencing significant growth, driven by the increasing demand for advanced agricultural inputs to enhance crop yields. This market is characterized by a diverse range of products, including water-soluble, liquid, and controlled-release fertilizers, each catering to specific agricultural needs. Water-soluble fertilizers, in particular, have gained substantial traction due to their versatile application methods and nutrient-rich formulations. The adoption of precision farming and the expansion of micro-irrigation systems have further bolstered the demand for liquid fertilizers, highlighting the industry's shift towards more efficient and targeted agricultural practices. The market's growth is also supported by technological advancements and a growing emphasis on reducing the environmental impact of conventional fertilizers.
The specialty fertilizer market in the United States is poised for continued expansion, with key crops such as corn, soybean, and wheat driving demand. The reduction in farmland area underscores the need for increased agricultural productivity, which specialty fertilizers can support. Major players in the market, including CF Industries Holdings, The Andersons Inc., and The Mosaic Company, dominate the landscape, with strategic partnerships and acquisitions enhancing their market positions. The focus on optimizing nutrient application rates, particularly nitrogen, potassium, and phosphorus, is crucial for meeting the nutritional needs of field crops. As the market evolves, innovations in fertilizer formulations and application techniques are expected to play a pivotal role in supporting the agricultural sector's growth trajectory.
United States Specialty Fertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Speciality Type
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1.1.1 CRF
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1.1.1.1 Polymer Coated
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1.1.1.2 Polymer-Sulfur Coated
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1.1.1.3 Others
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1.1.2 Liquid Fertilizer
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1.1.3 SRF
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1.1.4 Water Soluble
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1.2 Application Mode
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1.2.1 Fertigation
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1.2.2 Foliar
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1.2.3 Soil
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1.3 Crop Type
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1.3.1 Field Crops
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1.3.2 Horticultural Crops
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1.3.3 Turf & Ornamental
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United States Specialty Fertilizer Market Size FAQs
How big is the United States Specialty Fertilizer Market?
The United States Specialty Fertilizer Market size is expected to reach USD 6.72 billion in 2024 and grow at a CAGR of 5.32% to reach USD 9.17 billion by 2030.
What is the current United States Specialty Fertilizer Market size?
In 2024, the United States Specialty Fertilizer Market size is expected to reach USD 6.72 billion.
