Market Size of united states specialty fertilizer Industry
Icons | Lable | Value |
---|---|---|
Study Period | 2016 - 2030 | |
Market Size (2024) | USD 6.72 Billion | |
Market Size (2030) | USD 9.17 Billion | |
Largest Share by Speciality Type | Liquid Fertilizer | |
CAGR (2024 - 2030) | 5.32 % | |
Fastest Growing by Speciality Type | SRF | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Specialty Fertilizer Market Analysis
The United States Specialty Fertilizer Market size is estimated at USD 6.72 billion in 2024, and is expected to reach USD 9.17 billion by 2030, growing at a CAGR of 5.32% during the forecast period (2024-2030).
- Largest segment by Speciality Type - Liquid Fertilizer : The demand for liquid fertilizer in the country has been increasing, due to their ease of application with improved nutrient absorption of by the plants due to their form.
- 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 Crop Type - Turf & Ornamental : Turf and ornamental crops occupy a significant share of the United States and the number of laws and golf courses in the country are increasingly high which need nutrients.
- Largest segment by Application Mode - Fertigation : Fertigation has numerous advantages, like increased fertilizer absorption, reduced waste and nutrient loss, reduced labor costs, and ease of fertilizer application.