United States Fertilizer Market

Market Overview:

United States fertilizer market size reached US$ 43.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 66.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.80% during 2024-2032. The growing utilization of sustainable and eco-friendly products to minimize environmental impact while maximizing agricultural productivity, rising food security concerns, and increasing need to reduce the risk of nutrient runoff into water bodies represent some of the key factors driving the market.

Fertilizer is manufactured to enrich soil and promote optimal plant growth. It comprises essential nutrients like nitrogen, phosphorus, potassium, calcium, magnesium, sulfur, copper, zinc, boron, and iron, crucial for plant development. It is widely available in various forms, such as granular, liquid, and powder, catering to diverse agricultural needs. It has a primary function to replenish soil nutrients and ensure crops receive the nourishment required for healthy growth. It can be tailored to meet the specific nutrient needs of different plants and soils, allowing for precision agriculture and efficient resource allocation. It can also contribute to the long-term health and fertility of the soil. It allows plants to resist diseases, pests, and environmental stresses, leading to more resilient crops. It prevents nutrient deficiencies or imbalances that can hinder plant growth and development. It aids in enhancing the quality of crops, such as size, color, taste, and nutrient content. Besides this, it is beneficial in stimulating flowering and fruiting in many plant species. As it assists in maximizing crop yields and maintaining soil fertility, the demand for fertilizer is rising in the United States.

United States Fertilizer Market Trends:

The increasing employment of sustainable and eco-friendly fertilizers to minimize environmental impact while maximizing agricultural productivity currently represents one of the primary factors impelling the market growth in the United States. In line with this, the escalating demand for high-quality fertilizers on account of rising food security concerns among the masses is positively influencing the market in the country. Additionally, the increasing adoption of modern fertilizers that are designed to release nutrients gradually and reduce the risk of nutrient runoff into water bodies is supporting the growth of the market in the US. Apart from this, there is a rise in the need to enhance agricultural productivity on existing farmlands. This, coupled with the increasing use of fertilizers that provide the right mix of nutrients for specific crops and soils, is strengthening the market growth in the country. Besides this, innovations in fertilizer production and application technologies improve efficiency, precision, and sustainability in agriculture, which is propelling the market growth. In addition, the rising awareness about the importance of balanced nutrient management in plants is offering lucrative growth opportunities to industry investors operating in the US. Furthermore, increasing preferences for healthier and more diverse diets among individuals, along with the growing adoption of a global positioning system (GPS)-guided application for efficient and targeted use of fertilizers, are offering a positive market outlook in the country.

United States Fertilizer Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, product, product form, and crop type.

Product Type Insights:

• Chemical Fertilizer
• Biofertilizers
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes chemical fertilizer and biofertilizers.

Product Insights:

• Straight Fertilizers
  • Nitrogenous Fertilizers
    • Urea
    • Calcium Ammonium Nitrate
    • Ammonium Nitrate
    • Ammonium Sulfate
    • Anhydrous Ammonia
    • Others
  • Phosphatic Fertilizers
    • Mono-Ammonium Phosphate (MAP)
    • Di-Ammonium Phosphate (DAP)
    • Single Super Phosphate (SSP)
    • Triple Super Phosphate (TSP)
    • Others
  • Potash Fertilizers
    • Muriate of Potash (MoP)
    • Sulfate of Potash (SoP)
  • Secondary Macronutrient Fertilizers
    • Calcium Fertilizers
    • Magnesium Fertilizers
    • Sulfur Fertilizers
  • Micronutrient Fertilizers 
    • Zinc
    • Manganese
    • Copper
    • Iron
    • Boron
    • Molybdenum
    • Others
• Complex Fertilizers
   

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes straight fertilizers [nitrogenous fertilizers (urea, calcium ammonium nitrate, ammonium nitrate, ammonium sulfate, anhydrous ammonia, and others), phosphatic fertilizers (mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), single super phosphate (SSP), triple super phosphate (TSP), and others), potash fertilizers (muriate of potash (MoP) and sulfate of potash (SoP)), secondary macronutrient fertilizers (calcium fertilizers, magnesium fertilizers, and sulfur fertilizers), and micronutrient fertilizers (zinc, manganese, copper, iron, boron, molybdenum, and others)] and complex fertilizers.

Product Form Insights:

• Dry
• Liquid
   

The report has provided a detailed breakup and analysis of the market based on the product form. This includes dry and liquid.

Crop Type Insights:

• Grains and Cereals
• Pulses and Oilseeds
• Fruits and Vegetables
• Flowers and Ornamentals
• Others
   

A detailed breakup and analysis of the market based on the crop type have also been provided in the report. This includes grains and cereals, pulses and oilseeds, fruits and vegetables, flowers and ornamentals, and others.

Regional Insights:

• Northeast 
• Midwest 
• South 
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West. 

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Fertilizer Market Report Coverage:

Key Questions Answered in This Report:

• How has the United States fertilizer market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States fertilizer market?
• What is the breakup of the United States fertilizer market on the basis of product type?
• What is the breakup of the United States fertilizer market on the basis of product?
• What is the breakup of the United States fertilizer market on the basis of product form?
• What is the breakup of the United States fertilizer market on the basis of crop type?
• What are the various stages in the value chain of the United States fertilizer market? 
• What are the key driving factors and challenges in the United States fertilizer?
• What is the structure of the United States fertilizer market and who are the key players?
• What is the degree of competition in the United States fertilizer market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States fertilizer market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States fertilizer market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States fertilizer industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.