Market Size of north america fertilizers Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 61.08 Billion |
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Market Size (2030) | USD 81.87 Billion |
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CAGR (2024 - 2030) | 5.00 % |
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Largest Share by Crop Type | Field Crops |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Fertilizer Market Analysis
The North America Fertilizers Market size is estimated at USD 61.08 billion in 2024, and is expected to reach USD 81.87 billion by 2030, growing at a CAGR of 5% during the forecast period (2024-2030).
- Largest segment by Product - Urea : Urea has a high nitrogen content of 46%. It is easy to manufacture, transport, and store. It is also easily convertible into ammonium ion, which is a plant-usable form.
- Largest Segment by Crop Type - Field Crops : The domination of field crops in North America's fertilizer market is mainly due to its large cultivation area. Field crops account for more than 95% of the total crop area.
- 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 Country - United States : The United States accounts for about 69% of North America's total agricultural crop area. The country is also one of the major producers of fertilizers in the region.
