The European fertilizer market is expected to exceed USD 6.50 billion between 2024 and 2029, supported by sustainability initiatives and increased regulatory focus on efficient far
Harvesting crops removes essential nutrients from the soil along with them. It is therefore necessary to replenish these nutrients back to the soil during the next seedling. With the use of fertilizers the nutrients are fed back to the crops that they are lacking. The fertilizers play a vital role to increase the yield and ensure healthy produce by bringing the right balance of nutrients to the soil. Fertilizers do not alter the DNA of crops but they improve the growth and quality of the crop by adding important nutrients. The amount of nutrients in the form of fertilizers added is determined by the farmer after analysing the soil and its requirement for particular crop. Fertilizing in the correct proportion can have a great impact on crops´ yield, appearance and nutritional value. Scarcity of resources, growing sustainability awareness and increased consumer pressure is creating a push towards a circular economy, and Agriculture in not indifferent to this. To further support circular economy progress, market players have also joined the European Sustainable Phosphorous Platform, The Platform for Accelerating the Circular Economy, the European Biogas Association and the German Association for Water, Wastewater, and Waste.
According to the research report, "Europe Fertilizer Market Outlook, 2029," published by Bonafide Research, the Europe Fertilizer market is anticipated to add to more than USD 6.50 Billion by 2024–29. The fertilizer market in Europe is poised for significant growth in the coming years, driven by a variety of factors. As the agricultural sector in the region continues to evolve, the demand for efficient and sustainable fertilizer solutions has become increasingly paramount. Europe's shift towards more environmentally-conscious farming practices has led to a surge in the adoption of organic and bio-based fertilizers, which are expected to make up a larger share of the market moving forward. Additionally, the rising need to maximize crop yields and ensure food security amidst growing population pressures has intensified the reliance on advanced fertilizer technologies. Innovations in precision farming, controlled-release formulations, and nutrient-use efficiency are all trends that are anticipated to shape the European fertilizer landscape. Geopolitical influences, such as the volatility in energy prices and supply chain disruptions, have also put a spotlight on the importance of domestic fertilizer production and distribution within the region. As European nations strive to bolster their agricultural self-sufficiency, the fertilizer industry is likely to witness heightened investment, R&D, and strategic collaborations to meet the evolving needs of farmers and policymakers.
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The fertilizer market has experienced notable expansion and evolving trends across its various product categories, particularly within the European region. Ammonium sulfate (AS), a prominent nitrogenous fertilizer, has maintained consistent demand due to its effectiveness in enhancing soil fertility and increasing crop yields. In contrast, urea, another vital nitrogenous fertilizer, has witnessed substantial growth attributed to its high nitrogen content and economic viability. Calcium ammonium nitrate (CAN) and ammonium nitrate (AN) have also sustained a strong market presence, providing a balanced supply of nitrogen and calcium essential for plant nutrition. Within the phosphate sector, di-ammonium phosphate (DAP) and mono-ammonium phosphate (MAP) have remained favored options, offering a critical source of phosphorus necessary for root development and overall plant vitality. Regarding potassium, muriate of potash (MOP) or potassium chloride (KCl) continues to be a widely utilized potassium-based fertilizer, supporting the balanced nutrition of crops. Furthermore, complex fertilizers, which integrate multiple essential nutrients, have gained popularity as farmers increasingly seek comprehensive solutions to meet their soil and crop needs.
The fertilizer market in Europe has seen significant growth in recent years, particularly driven by the application segment. Within this segment, the demand for fertilizers has been particularly strong in the vegetable and fruit, cereals and grains, and oilseeds and pulses sectors. For vegetables and fruits, farmers have increasingly turned to specialized fertilizers that can enhance crop yields and quality, catering to the region's thriving produce industry. Similarly, the cereals and grains sector has witnessed a surge in fertilizer usage as farmers strive to maximize output to meet the dietary needs of the European population. The oilseeds and pulses segment has also experienced robust growth, as the demand for plant-based oils and protein-rich legumes continues to rise. Beyond these core areas, the "others" category encompasses a diverse range of applications, such as ornamental plants, turf, and specialty crops, further contributing to the overall expansion of the fertilizer market in Europe. This multifaceted growth across various agricultural sectors underscores the pivotal role that fertilizers play in enhancing crop productivity, quality, and sustainability within the European region.
The physical formulation segment of the fertilizer market in Europe has experienced significant growth in recent years, driven by the increasing demand for both dry and liquid fertilizer products. The dry fertilizer segment has seen a surge in popularity due to its convenience, ease of application, and versatility in meeting the diverse needs of agricultural producers. These solid formulations, ranging from granules to powders, offer precise nutrient delivery and improved soil integration, catering to a wide array of crop requirements. On the other hand, the liquid fertilizer segment has gained traction for its ability to provide a rapid and targeted nutrient supply, particularly in precision farming practices. These liquid solutions, which can be easily absorbed by plant roots, have become increasingly popular among farmers seeking to optimize their yields and minimize nutrient waste. The growth of both the dry and liquid fertilizer markets in Europe can be attributed to the region's focus on sustainable agriculture, the adoption of advanced farming techniques, and the need to maximize crop productivity to meet the rising food demands of the continent's population
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Manmayi Raval
Research Consultant
COVID-19 Impacts:
The impact of the COVID-19 pandemic on the European fertilizer market has been profound and far-reaching. As countries across the continent grappled with lockdowns, disrupted supply chains, and economic uncertainty, the fertilizer industry found itself at the centre of a complex web of challenges. Demand patterns shifted dramatically, as restrictions on movement and the closure of many industrial and agricultural operations led to a sharp decline in fertilizer consumption, particularly in the key spring application season. Producers faced difficulties in obtaining crucial raw materials and maintaining operational continuity, as labour shortages and logistical bottlenecks rippled through the industry. The crisis also exposed vulnerabilities in Europe's fertilizer supply, with a heavy reliance on imports from regions like North Africa and the Middle East, which themselves were impacted by the pandemic.
Major Companies present in the market
The Mosaic Company, Yara International, Nutrien Limited, K+S Aktiengesellschaft, OCP Group, CF Industries Holdings, Sociedad Química y Minera de Chile (SQM), National Fertilizers Limited Coromandel International Limited, EuroChem Group, Wesfarmers, Indian Farmers Fertilizer Co-operative Limited (IFFCO)
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Considered In the Report
• Geography: Europe
• Historical year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecasted year: 2029
Aspects covered in this report
• Europe fertilizer market with its value and forecast along with its segments
• Country-wise fertilizer market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Countries covered:
• Germany
• UK
• France
• Spain
• Italy
• Russia
By nutrient in the report
• Nitrogenous fertilizer (Urea, ammonium sulphate, Calcium ammonium nitrate/ ammonium nitrate, others UAN, anhydrous ammonia etc.)
• Phosphate fertilizer (Diammonium phosphate, monoammonium phosphate, others phosphate rock, superphosphates etc.)
• Potash fertilizer (Muriate of potash/potassium chloride, sulphate of potash others potassium nitrate etc.)
• Complex fertilizer (NPK, NK, PK, NP compounds etc.)
By Product type in the report:
• Urea
• Ammonium sulphate
• Calcium ammonium nitrate/ Ammonium nitrate
• Di-ammonium phosphate (DAP)
• Mono-ammonium phosphate (MAP)
• Muriate of potash (MOP)/ (KCl)
• Sulphate of potash (SOP)
• Complex (NPK, NK, PK, NP)
By physical formulation in the report:
• Dry
• Liquid
By Application in the report:
• Vegetable & Fruits
• Cereals & Grains
• Oilseeds & Pulses
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to fertilizer industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Companies Mentioned
Yara International
K+S Aktiengesellschaft
EuroChem Group
Anglo american plc
UralChem
Urakali PJSC
Phosagro
Table of Contents
1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Fertilizer Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Nutrients Type
5.4. Market Size and Forecast, By Product Type
5.5. Market Size and Forecast, By Application
5.6. Market Size and Forecast, By Physical Formulation
6. Europe Fertilizer Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Nutrients Type
6.4. Market Size and Forecast, By Product Type
6.5. Market Size and Forecast, By Application
6.6. Market Size and Forecast, By Physical Formulation
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.3.1. XXXX
7.3.2. XXXX
7.3.3. XXXX
7.3.4. XXXX
7.3.5. XXXX
7.4. Covid-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. Germany Fertilizer Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Nutrients Type
7.8.3. Market Size and Forecast By Product Type
7.8.4. Market Size and Forecast By Application
7.8.5. Market Size and Forecast By Physical Formulation
7.9. United Kingdom Fertilizer Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Nutrients Type
7.9.3. Market Size and Forecast By Product Type
7.9.4. Market Size and Forecast By Application
7.9.5. Market Size and Forecast By Physical Formulation
7.10. France Fertilizer Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Nutrients Type
7.10.3. Market Size and Forecast By Product Type
7.10.4. Market Size and Forecast By Application
7.10.5. Market Size and Forecast By Physical Formulation
7.11. Italy Fertilizer Market Outlook
7.11.1. Market Size By Value
7.11.2. Market Size and Forecast By Nutrients Type
7.11.3. Market Size and Forecast By Product Type
7.11.4. Market Size and Forecast By Application
7.11.5. Market Size and Forecast By Physical Formulation
7.12. Spain Fertilizer Market Outlook
7.12.1. Market Size By Value
7.12.2. Market Size and Forecast By Nutrients Type
7.12.3. Market Size and Forecast By Product Type
7.12.4. Market Size and Forecast By Application
7.12.5. Market Size and Forecast By Physical Formulation
7.13. Russia Fertilizer Market Outlook
7.13.1. Market Size By Value
7.13.2. Market Size and Forecast By Nutrients Type
7.13.3. Market Size and Forecast By Product Type
7.13.4. Market Size and Forecast By Application
7.13.5. Market Size and Forecast By Physical Formulation
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Positioning Matrix
8.4. Porter's Five Forces
8.5. Company Profile
8.5.1. Company 1
8.5.1.1. Company Snapshot
8.5.1.2. Company Overview
8.5.1.3. Financial Highlights
8.5.1.4. Geographic Insights
8.5.1.5. Business Segment & Performance
8.5.1.6. Product Portfolio
8.5.1.7. Key Executives
8.5.1.8. Strategic Moves & Developments
8.5.2. Company 2
8.5.3. Company 3
8.5.4. Company 4
8.5.5. Company 5
8.5.6. Company 6
8.5.7. Company 7
8.5.8. Company 8
8.5.9. Company 9
8.5.10. Company 10
8.5.11. Company 11
8.5.12. Company 12
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
Table 1: Global Fertilizer Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Fertilizer Market Size and Forecast, By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 6: Global Fertilizer Market Size and Forecast, By Product Type (2018 to 2029F) (In USD Billion)
Table 7: Global Fertilizer Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 8: Global Fertilizer Market Size and Forecast, By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 9: Europe Fertilizer Market Size and Forecast, By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 10: Europe Fertilizer Market Size and Forecast, By Product Type (2018 to 2029F) (In USD Billion)
Table 11: Europe Fertilizer Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 12: Europe Fertilizer Market Size and Forecast, By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 13: Influencing Factors for Fertilizer Market, 2023
Table 14: Germany Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 15: Germany Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 16: Germany Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 17: Germany Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 18: United Kingdom Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 19: United Kingdom Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 20: United Kingdom Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 21: United Kingdom Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 22: France Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 23: France Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 24: France Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 25: France Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 26: Italy Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 27: Italy Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 28: Italy Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 29: Italy Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 30: Spain Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 31: Spain Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 32: Spain Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 33: Spain Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Table 34: Russia Fertilizer Market Size and Forecast By Nutrients Type (2018 to 2029F) (In USD Billion)
Table 35: Russia Fertilizer Market Size and Forecast By Product Type (2018 to 2029F) (In USD Billion)
Table 36: Russia Fertilizer Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 37: Russia Fertilizer Market Size and Forecast By Physical Formulation (2018 to 2029F) (In USD Billion)
Figure 1: Global Fertilizer Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Fertilizer Market Share By Region (2023)
Figure 6: Europe Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: Europe Fertilizer Market Share By Country (2023)
Figure 8: Germany Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: UK Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: France Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Italy Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Spain Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 13: Russia Fertilizer Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: Competitive Dashboard of top 5 players, 2023
Figure 15: Porter's Five Forces of Global Fertilizer Market
Market Research FAQs
Russia and France are the top 10 producers of fertilizers from the Europe region and export fertilizers to the world.
Europe fertilizer market is expected to grow at a CAGR of 5.41% during the forecast period 2022-2027.
Cereals & grains like corn, wheat, rice have maximum fertilizer application in European region.
Complex fertilizers is a combination of NPK nutrients that can be supplied to plants in a single application as a result of which farmers are turning towards complex fertilizers but high prices keep the demand in moderation.
Russia produces all the three fertilizers nitrogen, phosphorus and potassium in large quantities.
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