Market Size of china fertilizers Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 55.79 Billion |
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Market Size (2030) | USD 79.08 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 5.99 % |
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Fastest Growing by Crop Type | Horticultural Crops |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
China Fertilizers Market Analysis
The China Fertilizers Market size is estimated at USD 55.79 billion in 2024, and is expected to reach USD 79.08 billion by 2030, growing at a CAGR of 5.99% during the forecast period (2024-2030).
- Fastest growing segment by Product - TSP : TSP contains high amount of phosphate among the non-ammonium phosphate fertilizers. So. It is best suitable for situations where phosphate is required as single source.
- Largest Segment by Crop Type - Field Crops : Cultivation of field crops accounts for around 74% of the total agricultural land in the country and accounts for consumption of 78.4% of the total fertilizes.
- Fastest growing by Speciality Type - SRF : The SRF are safe to the soil and environment as they precisely release the nutrients in to the soil throughout the cropping season and thus reduce the leaching of nutrients.
- Largest segment by Application Mode - Soil : It is a conventional way of fertilizer application and can be applied without any equipment. This method of application improves both plant health and soil fertility.
