Africa Specialty Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The Africa Specialty Fertilizer Market is segmented by Speciality Type ( CRF, Liquid Fertilizer, SRF, Water Soluble ) , by Application Mode ( Fertigation, Foliar, Soil ) , by Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental ) and by Country ( Nigeria, South Africa )

Africa Specialty Fertilizer Market Size

Single User License
Team License
Corporate License
Book before:
View Global Report
Africa Specialty Fertilizer Market
share button
Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 5.11 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2028) USD 6.63 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Speciality Type Liquid Fertilizer
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2028) 6.73 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country South Africa

Major Players

major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

Single User License

OFF

Team License

OFF

Corporate License

OFF
Book before:
WHY BUY FROM US?
1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE

Africa Specialty Fertilizer Market Analysis

The Africa Specialty Fertilizer Market size is estimated at USD 5.11 billion in 2024, and is expected to reach USD 6.63 billion by 2028, growing at a CAGR of 6.73% during the forecast period (2024-2028).

  • Largest segment by Speciality Type - Liquid Fertilizer : The demand for liquid fertilizer in the Africa region keeps up, as the soils in the region are dry and liquid fertilizers ensures that easy absorbtion by the plants.
  • Fastest growing by Speciality Type - Water Soluble : The watersoluble fertilizer absorption rate is more than double compared to conventional fertilizers reaching an efficiency of about 80-90% and reducing total fertilizer use.
  • Largest Segment by Crop Type - Horticultural Crops : horticulture crops are cultivated year-round and have better irrigation systems like sprinkler and drip irrigation, which continue to require specialty fertilizers.
  • Largest segment by Country - South Africa : Nigeria has large agricultural area in the region, it acccounts for about 35% of the total crop area in the region and has some of the largest fertilizer production units.

Africa Specialty Fertilizer Market Trends

This section covers the major market trends shaping the Africa Specialty Fertilizer Market according to our research experts:

Liquid Fertilizer is the largest segment by Speciality Type.

  • Specialty fertilizers accounted for 42% of the total African fertilizer market value, which was valued at USD 20.17 billion in 2021. There is an increasing trend observed in the adoption of specialty fertilizers due to their higher efficiency. However, specialty fertilizers are higher priced compared to conventional fertilizers.
  • Water-soluble fertilizers dominated the specialty fertilizers segment in the region and accounted for 46% of the total specialty fertilizer market value, valued at USD 9.41 billion in 2021. Water-soluble fertilizers can be applied through foliar, fertigation, and soil method of application based on the requirement.
  • Liquid fertilizers occupied the second-largest market share in the specialty fertilizer market value. It accounted for 43.77% of the total African specialty fertilizer market value, valued at USD 8.82 billion in 2021. It is observed that liquid fertilizers have had constant growth in consumption volume since 2017.
  • Controlled-release fertilizers accounted for 6.81% of the total specialty fertilizer market value, valued at USD 1.37 billion in 2021. Field crops dominated the controlled-release fertilizers market and accounted for 92% of the total market value in 2021.
  • Slow-release fertilizer market accounted for 2.73% of the total African specialty fertilizer market value in 2021, and it is a highly fragmented market in the region.
  • The advantages of using specialty fertilizers, like a reduced rate of application, the precise release of nutrients, and other economic benefits to the farmer, are anticipated to drive the specialty fertilizer market in the region during the forecast period.
Africa Specialty Fertilizer Market

South Africa is the largest segment by Country.

  • Rest of Africa accounted for 90% of the value of the African specialty fertilizer market. Rest of Africa's specialty fertilizer market is dominated by water-soluble fertilizers contributing to 46.51%, followed by liquid fertilizers at 43.12%, controlled-release fertilizers at 7.34%, and slow-release fertilizers contributing to 3.01% of total value in 2021. The coated-type controlled-release fertilizers market is anticipated to grow faster with increased awareness among farmers.
  • Subsistence farming is practiced throughout the rest of Africa. Micronutrient insufficiency is frequently misdiagnosed or disregarded because of a lack of resources, particularly fertilizers. The supply of fertilizer is growing, and commercial planting is expanding as a result of farmers' rising affordability. In 2021, the micronutrient value in the other African nations totaled USD 906 million. Therefore, it is anticipated that during the forecast period, the region will increase.
  • In Nigeria, specialty fertilizers market liquid fertilizers accounted for 49.56%, followed by water-soluble fertilizers at 48.40%, controlled-release fertilizers at 1.78%, and slow-release fertilizers contributed 0.24% to the total value of specialty fertilizers in 2021.
  • Field crops accounted for 79.27% of the specialty fertilizers market in South Africa, followed by turf and ornamental crops at 17.48% and horticulture crops at 3.24% in 2021. South Africa's major field crops include corn, soybeans, wheat, and rapeseed/canola.
  • Due to repeated cropping without sufficient time for the soil to regain its fertility, African soils are becoming unsuitable for cultivation. The market will be driven by specialty fertilizers that provide timely nutrition while having a low environmental impact.
Africa Specialty Fertilizer Market

Africa Specialty Fertilizer Industry Overview

The Africa Specialty Fertilizer Market is fragmented, with the top five companies occupying 34.19%. The major players in this market are Foskor, ICL GROUP LTD, K+S AKTIENGESELLSCHAFT, UPL Limited and Yara International ASA, (sorted alphabetically).

Africa Specialty Fertilizer Market Leaders

  1. Foskor

  2. ICL GROUP LTD

  3. K+S AKTIENGESELLSCHAFT

  4. UPL Limited

  5. Yara International ASA,

*Disclaimer: Major Players sorted in no particular order

Africa Specialty Fertilizer Market
bookmark Need More Details on Market Players and Competitors?
Download PDF

Africa Specialty Fertilizer Market News

  • November 2021: UPL Africa 'soft launched' its revolutionary crop monitoring and digital platform called CropVision. It uses the newest, and highly accurate, satellite data technology enabling the UPL exclusive distributors, their representatives and farmers to continuously monitor thousands of hectares from a single online platform.
  • April 2019: Kynoch announced Mergers & Acquisitions of Profert Fertilizer a major role player in the granular and liquid fertilizer industry. This transaction will give Kynoch access to new markets and additional production resources, ultimately contributing to their motto of enhancing efficiency through innovation.
  • March 2019: Kynoch Fertilizer, a leading plant nutrient producer and distributor, announced the Mergers & Acquisitions of Sidi Parani to build a substantial position in the fertilizer market in South Africa and Africa.

Africa Specialty Fertilizer Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. Acreage Of Major Crop Types

    2. 4.2. Average Nutrient Application Rates

    3. 4.3. Regulatory Framework

    4. 4.4. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. Speciality Type

      1. 5.1.1. CRF

        1. 5.1.1.1. Polymer Coated

        2. 5.1.1.2. Polymer-Sulfur Coated

        3. 5.1.1.3. Others

      2. 5.1.2. Liquid Fertilizer

      3. 5.1.3. SRF

      4. 5.1.4. Water Soluble

    2. 5.2. Application Mode

      1. 5.2.1. Fertigation

      2. 5.2.2. Foliar

      3. 5.2.3. Soil

    3. 5.3. Crop Type

      1. 5.3.1. Field Crops

      2. 5.3.2. Horticultural Crops

      3. 5.3.3. Turf & Ornamental

    4. 5.4. Country

      1. 5.4.1. Nigeria

      2. 5.4.2. South Africa

      3. 5.4.3. Rest Of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. Foskor

      2. 6.4.2. Gavilon South Africa

      3. 6.4.3. Haifa Group Ltd

      4. 6.4.4. ICL GROUP LTD

      5. 6.4.5. K+S AKTIENGESELLSCHAFT

      6. 6.4.6. Kynoch Fertilizer

      7. 6.4.7. Omnia Nutriology

      8. 6.4.8. UPL Limited

      9. 6.4.9. Yara International ASA,

  7. 7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 8. APPENDIX

    1. 8.1. Global Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter's Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (DROs)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. AFRICA MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 2:  
  2. AFRICA MARKET, AREA YOY GROWTH RATE, 2016 - 2021
  1. Figure 3:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 4:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 5:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 6:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 7:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 8:  
  2. AFRICA MARKET, VOLUME YOY GROWTH RATE, 2021 - 2021
  1. Figure 9:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 10:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE, USD, 2016 - 2028
  1. Figure 11:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 12:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, VALUE, USD, 2016 - 2028
  1. Figure 13:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 14:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 15:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 16:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, VALUE, USD, 2016 - 2028
  1. Figure 17:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 18:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY COATING TYPE, 2016 - 2028
  1. Figure 19:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, METRIC TON, 2016 - 2028
  1. Figure 20:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, USD, 2016 - 2028
  1. Figure 21:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 22:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, METRIC TON, 2016 - 2028
  1. Figure 23:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, USD, 2016 - 2028
  1. Figure 24:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 25:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, OTHERS, METRIC TON, 2016 - 2028
  1. Figure 26:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, OTHERS, USD, 2016 - 2028
  1. Figure 27:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 28:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, METRIC TON, 2016 - 2028
  1. Figure 29:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, USD, 2016 - 2028
  1. Figure 30:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 31:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, SRF, METRIC TON, 2016 - 2028
  1. Figure 32:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, SRF, USD, 2016 - 2028
  1. Figure 33:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 34:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, METRIC TON, 2016 - 2028
  1. Figure 35:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, USD, 2016 - 2028
  1. Figure 36:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 37:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 38:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, VALUE, USD, 2016 - 2028
  1. Figure 39:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME SHARE(%), BY APPLICATION MODE, 2016 - 2028
  1. Figure 40:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY APPLICATION MODE, 2016 - 2028
  1. Figure 41:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FERTIGATION, METRIC TON, 2016 - 2028
  1. Figure 42:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FERTIGATION, USD, 2016 - 2028
  1. Figure 43:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 44:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FOLIAR, METRIC TON, 2016 - 2028
  1. Figure 45:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FOLIAR, USD, 2016 - 2028
  1. Figure 46:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 47:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, SOIL, METRIC TON, 2016 - 2028
  1. Figure 48:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, SOIL, USD, 2016 - 2028
  1. Figure 49:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 50:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 51:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028
  1. Figure 52:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 53:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 54:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028
  1. Figure 55:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028
  1. Figure 56:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 57:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028
  1. Figure 58:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028
  1. Figure 59:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 60:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028
  1. Figure 61:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028
  1. Figure 62:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY SPECIALITY TYPE, 2016 - 2028
  1. Figure 63:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, VOLUME, METRIC TON, 2016 - 2028
  1. Figure 64:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
  1. Figure 65:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VOLUME SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 66:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY COUNTRY, 2016 - 2028
  1. Figure 67:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, NIGERIA, METRIC TON, 2016 - 2028
  1. Figure 68:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, NIGERIA, USD, 2016 - 2028
  1. Figure 69:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 70:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, SOUTH AFRICA, METRIC TON, 2016 - 2028
  1. Figure 71:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, SOUTH AFRICA, USD, 2016 - 2028
  1. Figure 72:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 73:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, REST OF AFRICA, METRIC TON, 2016 - 2028
  1. Figure 74:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, BY COUNTRY, REST OF AFRICA, USD, 2016 - 2028
  1. Figure 75:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, VALUE SHARE(%), BY CROP TYPE, 2016 - 2028
  1. Figure 76:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 77:  
  2. AFRICA SPECIALTY FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 78:  
  2. AFRICA SPECIALTY FERTILIZER MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Africa Specialty Fertilizer Industry Segmentation

CRF, Liquid Fertilizer, SRF, Water Soluble are covered as segments by Speciality Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Nigeria, South Africa are covered as segments by Country.
Speciality Type
CRF
Polymer Coated
Polymer-Sulfur Coated
Others
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
Country
Nigeria
South Africa
Rest Of Africa
customize-icon Need A Different Region Or Segment?
Customize Now

Market Definition

  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, Fiber Crops, and Forage Crops, Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
bookmark Need More Details on Market Definition?
Ask a Question

Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
download-icon Get More Details On Research Methodology
Download PDF
close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

WHY BUY FROM US?
card-img
01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don’t waste time finding a needle in the haystack.
card-img
02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
card-img
03. Exhaustive Data
Tracking a million data points on the fertilizer industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the fertilizer industry.
card-img
04. Transparency
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
card-img
05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

Africa Specialty Fertilizer Market Research FAQs

The Africa Specialty Fertilizer Market size is expected to reach USD 5.11 billion in 2024 and grow at a CAGR of 6.73% to reach USD 6.63 billion by 2028.

In 2024, the Africa Specialty Fertilizer Market size is expected to reach USD 5.11 billion.

Foskor, ICL GROUP LTD, K+S AKTIENGESELLSCHAFT, UPL Limited and Yara International ASA, are the major companies operating in the Africa Specialty Fertilizer Market.

In the Africa Specialty Fertilizer Market, the Liquid Fertilizer segment accounts for the largest share by speciality type.

In 2024, South Africa accounts for the largest share by country in the Africa Specialty Fertilizer Market.

In 2023, the Africa Specialty Fertilizer Market size was estimated at USD 4.82 billion. The report covers the Africa Specialty Fertilizer Market historical market size for years: 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Specialty Fertilizer Market size for years: 2024, 2025, 2026, 2027 and 2028.

Africa Specialty Fertilizer Industry Report

Statistics for the 2024 Africa Specialty Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Specialty Fertilizer analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Africa Specialty Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028