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Report Overview

The United States specialty fertilizer market reached approximately USD 6.10 Billion in 2023. The market is projected to grow at a CAGR of 5.10% between 2024 and 2032, reaching a value of around USD 9.54 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States Specialty Fertilizer Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 6.10
Market Size 2032 USD Billion 9.54
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.10%
CAGR 2024-2032 - Market by Region Southeast 5.1%
CAGR 2024-2032 - Market by Region New England 4.7%
CAGR 2024-2032 - Market by Product Type Controlled-Release Fertilizers 5.9%
CAGR 2024-2032 - Market by Crop Type Fruits and Vegetables 5.8%
Market Share by Region Southwest 12.7%

United States Specialty Fertilizer Market Outlook

The rising demand for fertilizers that can fulfil the specific requirements of different crops and soil types is one of the major factors boosting the growth of the United States specialty fertilizer market. Specialty fertilisers are also utilised for lowering the pH level in water during irrigation and enhancing nutrient absorption to ensure optimal produce.

Moreover, the rise in acquisition and collaboration activities between the market players is one of the crucial market trends. For instance, Sipcam Oxon S.p.A. announced that it has acquired some industrial and logistics assets of Odom Industries (Mississippi), which is expected to strengthen its position in the USA market. This acquisition includes the industrial assets of the Shubuta logistics centre as well as the Waynesboro production site, which is involved the agrochemicals production. 

Compound Annual Growth Rate

Value in USD Billion

5.1%

2024-2032


United States Specialty Fertilizer Market Outlook

*this image is indicative*

United States Specialty Fertilizer Market Growth is Driven by Rise in Advanced Agricultural Practices in the Far West

  • The Far West region is expected to lead with the highest CAGR of 5.9%. This growth is driven by the region's advanced agricultural practices and high demand for precision farming techniques to optimize crop yield.
  • As per the United States specialty fertilizer industry analysis, the Rocky Mountain region follows with a CAGR of 5.5%, supported by increasing investments in sustainable agriculture and the adoption of specialty fertilizers to improve soil health.
  •  
  • The Southwest, with a CAGR of 5.3%, benefits from the region's diverse crop production and the growing need for efficient nutrient management.
  • The Southeast, growing at a CAGR of 5.1%, shows significant growth due to the expanding horticulture sector and the emphasis on high-value crops.
  • New England boosts the demand of United States specialty fertilizer market at a CAGR of 4.7%, and the Mideast, with a CAGR of 4.4%, exhibit steady growth driven by niche farming operations and organic farming trends.
  • The Plains region, with a CAGR of 4.1%, and the Great Lakes region, with a CAGR of 3.8%, experience moderate growth due to stable but slower agricultural development and adoption of specialty fertilizers.
CAGR 2024-2032 - Market by Region
Southeast 5.1%
New England XX%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest 5.3%
Rocky Mountain 5.5%
Far West 5.9%

One of the Key United States Specialty Fertilizer Market Trends is Growing Emphasis on Boosting Crop Productivity

  • Controlled-release fertilizers are expected to experience the highest growth, with a CAGR of 5.9%. This growth is driven by their ability to provide consistent nutrient release over time, enhancing crop productivity and reducing environmental impact.
  • Water-soluble fertilizers, growing at a CAGR of 5.5%, are favoured for their quick nutrient availability and ease of use in precision farming techniques.
  • Liquid fertilizers can fuel the United States specialty fertilizer demand at a CAGR of 5.3%, continue to be popular due to their application flexibility and efficient nutrient delivery.
  • Micronutrient fertilizers, growing at a CAGR of 5.1%, are essential for addressing specific nutrient deficiencies and improving overall crop health.
  • The 'Others' category, with a CAGR of 4.7%, includes various other specialty fertilizers contributing to the overall market growth, driven by the demand for tailored nutrient solutions.

Rising Demand for Superior Quality Crops Boosts the United States Specialty Fertilizer Market Share

  • The fruits and vegetables segment is expected to lead with the highest CAGR of 5.8%. This growth is driven by the increasing demand for high-quality produce and the use of specialty fertilizers to enhance yield and nutritional value.
  • Cereals and grains, growing at a CAGR of 5.5%, reflect the need for efficient nutrient management to support large-scale production and improve crop resilience.
  • Oilseeds and pulses fuel the United States specialty fertilizer market value at a CAGR of 5.3%, showing significant growth driven by their economic importance and the benefits of specialty fertilizers in boosting oil content and protein levels.
  • Turf and ornamentals, growing at a CAGR of 4.9%, benefit from the rising demand for aesthetically pleasing landscapes and the use of specialty fertilizers to maintain plant health and appearance.
  • The 'Others' category, with a CAGR of 4.6%, includes various other crops contributing to the overall United States specialty fertilizer market revenue, driven by the adoption of specialty fertilizers in diverse agricultural practices.

Key Questions Answered in This Report:

  • How has the United States specialty fertilizer market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States specialty fertilizer market?
  • What are the key segments within the United States specialty fertilizer market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States specialty fertilizer market?
  • Who are the key players in the United States specialty fertilizer market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States specialty fertilizer market globally or regionally?
  • How competitive is the United States specialty fertilizer market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States specialty fertilizer market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States specialty fertilizer market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States specialty fertilizer market?
  • How sustainable are current growth rates in the United States specialty fertilizer market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States specialty fertilizer market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States specialty fertilizer market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States specialty fertilizer market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States specialty fertilizer market?
  • What are the regulatory and legal frameworks impacting the United States specialty fertilizer market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States specialty fertilizer market?
  • What are the emerging market trends and niche opportunities within the United States specialty fertilizer market that stakeholders should be aware of?
  • How resilient is the United States specialty fertilizer market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States specialty fertilizer market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States specialty fertilizer market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States specialty fertilizer industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States specialty fertilizer market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States specialty fertilizer market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Crop Type
  • Application
  • Form
  • Region
Breakup by Product Type
  • Controlled-Release Fertilizers
  • Water-Soluble Fertilizers
  • Liquid Fertilizers
  • Micronutrient Fertilizers
  • Others
Breakup by Crop Type
  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Others
Breakup by Application
  • Fertigation
  • Foliar
  • Soil
Breakup by Form
  • Dry
  • Liquid
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Yara International ASA 
  • CF Industries Holdings, Inc.
  • Haifa Group
  • ICL Group Ltd
  • Koch Industries Inc.
  • Nutrien Ltd.
  • Sociedad Quimica y Minera de Chile SA
  • The Andersons Inc.
  • The Mosaic Company
  • Wilbur-Ellis Company LLC
  • Others

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124