Global Complex Fertilizers Market Size, Share, Trends, And Growth Forecasts Report, Segmented By Type (Incomplete (Diammonium phosphate, Monoammonium phosphate, Monopotassium phosphate, Potassium nitrate), Crop Type (Cerels, Oilseeds, Fruits & Vegetables and Others), Form (Soild, And Liquid), And Region (North America, Latin America, Asia Pacific, Europe, Middle East and Africa), Industry Analysis From 2025 to 2033

Updated On: June, 2024
ID: 6936
Pages: 175

Global Complex Fertilizers Market Size

The global complex fertilizers market was valued at USD 66.65 billion in 2024 and is anticipated to reach USD 71.36 billion in 2025 from USD 123.26 billion by 2033, growing at a CAGR of 7.07% during the forecast period from 2025 to 2033.

The global complex fertilizers market was valued at USD 71.36 billion in 2025 from USD 123.26 billion by 2033

The mixing of two or more macro-nutrient type fertilizers produces compound fertilizers, also known as complex fertilizers. Often, they are blended further with elements containing secondary or trace nutrients such as sulfur, calcium, and magnesium.

MARKET DRIVERS AND RESTRAINTS

The growing need for food security for the growing population, rising demand for oilseeds, advanced farming technologies that deliver safe and reliable application of complex fertilizers, and the ease of application of complex fertilizers are the primary drivers of this market. This market represents a potential opportunity in the forecast period. Thus, several key players have invested heavily in augmenting their production capacities and producing various complex crop-specific fertilizers. Secondary factors contributing to the growth of this market include the need to increase productivity, fertilizer intensity gaps across regions, level yield, and growing awareness about soil profile and nutritional balance, which is supported by the state. The paradigm shift towards organic food and non-food consumption is the major restraint of this market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

7.07%

Segments Covered

By Type, Crop Type, Form and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Holdings Inc. (U.S.), Yara International ASA (Norway), The Mosaic Company (U.S.), EuroChem Group AG (Switzerland), Potash Corporation of Saskatchewan (Canada), PhosAgro (Russia), Agrium Inc. (Canada), Israel Chemicals Limited (Israel), Sociedad Química Y Minera De Chile (Chile), Haifa Chemicals Ltd., (Israel), Helena Chemical Company (U.S.), and Zuari Agro Chemicals Ltd (India) and Others.

 

SEGMENTAL ANALYSIS

By Type Insights

The incomplete complex fertilizers market is estimated to have a high CAGR during the aforementioned forecast period. The Diammonium phosphate fertilizers category was the largest in 2016. The Monoammonium phosphate fertilizers category is estimated to be the fastest-growing during the aforementioned forecast period.

By Crop Type Insights

In terms of volume, Oilseeds are the fastest-growing segment because of the growing demand for agricultural production.

By Form Insights

The solid segment commanded more than half of the market as per the 2016 data. It is economical to use it on low-cost cereals such as wheat and corn since it is a low-cost technique compared to other techniques (such as fertigation).

REGIONAL ANALYSIS

By geography, the global complex fertilizer market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, Asia-Pacific accounts for the largest market share, while Latin America has the highest CAGR.

KEY MARKET PLAYERS

Major companies in the Complex Fertilizers market are CF Industries Holdings Inc. (U.S.), Yara International ASA (Norway), The Mosaic Company (U.S.), EuroChem Group AG (Switzerland), Potash Corporation of Saskatchewan (Canada), PhosAgro (Russia), Agrium Inc. (Canada), Israel Chemicals Limited (Israel), Sociedad Química Y Minera De Chile (Chile), Haifa Chemicals Ltd., (Israel), Helena Chemical Company (U.S.), and Zuari Agro Chemicals Ltd (India).

MARKET SEGMENTATION

This research report on the global complex fertilizers market is segmented and sub-segmented based on Type, Crop Type, Form, and Region.

By Type

  • Incomplete (Diammonium phosphate, Monoammonium phosphate
  • Monopotassium phosphate
  • Potassium nitrate
  • and Others (Nitro phosphate and urea phosphate)) and Complete (NPK (10-26-26), NPK (12-32-16), NPK (15-15-15) and Other NPK compounds)

By Crop Type

  • Cereals
  • Oilseeds
  • Fruits & vegetables
  • and others (turf & ornamentals, plantation crops, fiber crops, and silage & forage crops)

By Form

  • solid
  • liquid

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

Why is the demand for complex fertilizers growing globally?

Rising global food demand, shrinking arable land, and the need for balanced nutrient application are driving adoption, especially in Asia-Pacific and Africa, where agricultural intensification is critical.

How do complex fertilizers improve crop yield efficiency compared to straight fertilizers?

Complex fertilizers offer uniform nutrient ratios (like NPK 15:15:15), enhancing nutrient uptake, reducing application frequency, and improving soil health, especially beneficial in mechanized farming systems.

Which regions are seeing the fastest growth in complex fertilizer use?

India, China, and Brazil are leading due to government subsidies, rising awareness of balanced fertilization, and expanding high-value crop cultivation like fruits, vegetables, and oilseeds.

What are the key challenges facing the complex fertilizer industry today?

Volatile raw material prices (like phosphate and potash), increasing environmental regulations, and logistics costs are pressuring margins and pushing innovation in eco-efficient formulations.

How is innovation shaping the future of complex fertilizers?

Controlled-release granules, water-soluble blends, and micronutrient fortification (like zinc- or boron-enriched NPK) are gaining traction to meet precision farming and sustainability demands.

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