Global Npk Fertilizer Market Size & Outlook, 2023-2030

The npk fertilizer industry worldwide is expected to reach a projected revenue of US$ 117.7 million by 2030. A compound annual growth rate of 3.2% is expected of the worldwide npk fertilizer industry from 2024 to 2030.
Revenue, 2023 (US$M)
$94.6
Forecast, 2030 (US$M)
$117.7
CAGR, 2024 - 2030
3.2%
Report Coverage
Worldwide

Global npk fertilizer market, 2018-2030 (US$M)

Global npk fertilizer market highlights

  • The global npk fertilizer market generated a revenue of USD 94.6 million in 2023 and is expected to reach USD 117.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 3.2% by 2030.
  • In terms of segment, dry accounted for a revenue of USD 94.6 million in 2023.
  • Dry is the most lucrative form segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 94.6 million
Market revenue in 2030USD 117.7 million
Growth rate3.2% (CAGR from 2023 to 2030)
Largest segmentDry
Fastest growing segmentDry
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDry

Other key industry trends

  • In terms of revenue, the North America accounted for 9.0% of the global npk fertilizer market in 2023.

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NPK Fertilizer Market Scope

Npk fertilizer market segmentation & scope
Dry
Liquid
Crop Type
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Mode of Application
Fertigation
Foliar
Others
Countries
U.S.
Canada
Mexico
Germany
France
UK
Spain
Italy
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa

NPK Fertilizer Market Companies

Name Profile # Employees HQ Website

Global npk fertilizer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to npk fertilizer market will help companies and investors design strategic landscapes.


Dry was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global npk fertilizer market based on dry covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global NPK Fertilizer Form Outlook (Revenue, USD Million, 2018-2030)
    • Dry
    • Liquid
  • Global NPK Fertilizer Crop Type Outlook (Revenue, USD Million, 2018-2030)
    • Cereals & Grains
    • Oilseeds & Pulses
    • Fruits & Vegetables
    • Others
  • Global NPK Fertilizer Mode of Application Outlook (Revenue, USD Million, 2018-2030)
    • Fertigation
    • Foliar
    • Others

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  • Our clientele includes a mix of npk fertilizer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global npk fertilizer market , including forecasts for subscribers. This global databook contains high-level insights into Global npk fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global npk fertilizer market size, by regions, 2018-2030 (US$M)

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