Market Size of europe fertilizers Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 52.67 Billion |
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Market Size (2030) | USD 72.27 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 5.41 % |
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Largest Share by Country | France |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Fertilizers Market Analysis
The Europe Fertilizers Market size is estimated at USD 52.67 billion in 2024, and is expected to reach USD 72.27 billion by 2030, growing at a CAGR of 5.41% during the forecast period (2024-2030).
- Fastest growing segment by Product - Boron : Most of the soils in the region are mollisol, spodosol and ultisols containing boron of 0.5-0.6 mg/L boron making them boron deficient and thus driving the market.
- Largest Segment by Crop Type - Field Crops : The domination of field crops in Europe Fertilizers market is mainly due to its large cultivation area in the region. They account for more than 95% of total crop area.
- Fastest growing by Speciality Type - SRF : The intensive field and horticultural crop cultivation in countries like Germany, France, and United Kingdom are anticipated to drive the market for slow-release fertilizers.
- Largest segment by Country - France : Need for high productivity on the available land to meet the growing demand for food which is attributed to growing population.It accounts for about 4.46% of Europe crop area.
