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North America Fertilizers Market Size

The North America Fertilizers Market is projected to experience significant growth, driven by the extensive use of fertilizers in field crop cultivation, which dominates the region's agricultural landscape. The United States and Mexico are the primary consumers, benefiting from advanced agricultural technologies and a robust supply chain. Despite being net importers of certain fertilizers, the region's market is supported by scientific advancements and increased demand for crop yield and quality. The market's expansion is further fueled by the rising popularity of ornamental plants and the consistent demand for horticultural products, despite a decrease in cultivation area.

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Market Size of north america fertilizers Industry

North America Fertilizers Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 61.08 Billion
svg icon Market Size (2030) USD 81.87 Billion
svg icon Largest Share by Crop Type Field Crops
svg icon CAGR (2024 - 2030) 5.00 %
svg icon Largest Share by Country United States
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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North America Fertilizers Market Analysis

The North America Fertilizers Market size is estimated at 61.08 billion USD in 2024, and is expected to reach 81.87 billion USD by 2030, growing at a CAGR of 5.00% during the forecast period (2024-2030).

61.08 Billion

Market Size in 2024 (USD)

81.87 Billion

Market Size in 2030 (USD)

6.38 %

CAGR (2017-2023)

5.00 %

CAGR (2024-2030)

Largest segment by Product

26.71 %

value share, Urea, 2023

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Urea is the most predominantly used fertilizer in North America which is attributed to its high nitrogen content of 46.0%, the highest among all the nitrogenous fertilizers.

Largest Segment by Crop Type

87.66 %

value share, Field Crops, 2023

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The demand for cereals such as corn, wheat, oilseeds, and rice is projected to be high in the future, thus fueling the demand for fertilizers in the North America region.

Fastest Growing Speciality Type

7.91 %

Projected CAGR, CRF, 2024-2030

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Recognizing the evolving landscape, EPA, and USDA have collaborated with key stakeholders, including TFI, IFDC, TNC, and NCGA to raise awareness about CRFs among farmers.

Largest segment by Country

46.99 %

value share, United States, 2023

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United States of America accounts for about 69% of the total agricultural crop area in the region and one of the major producers of fertilizers in the North American region.

Leading Market Player

11.19 %

market share, CF Industries Holdings, Inc., Inc.

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The company boasts a robust regional presence, with manufacturing facilities in the US and Canada, known for their cost-effectiveness, efficiency, and flexibility.

The rising need of fertilizers to increase production and improve yield is anticipated to fuel the growth of the market

  • Field crops dominate in fertilizer usage in North America, with a market value of USD 67.2 billion in the year 2022. This is due to the region's large-scale cultivation of field crops, which occupy over 95.0% of the total agricultural land. The United States accounts for 69.0% of the available arable land in the region, with 84.0% of it being used for field crop cultivation.
  • Turf and ornamental crops are the second-largest market for fertilizers, valued at USD 5.3 billion in the year 2022. Ornamental plants are becoming increasingly popular among homeowners as disposable income and living standards rise, which is expected to fuel the growth of the market as fertilization is essential to maintain the health and appearance of these plants.
  • Horticultural crops, accounting for just 7.3% of the total agricultural land, represented roughly 5.3% of the total fertilizer market value in 2022. Despite a 2.5% decrease in horticulture cultivation area between 2018 and 2021, the demand for fruits and vegetables in the region is expected to drive the market at a CAGR of 6.1% during 2023-2030. The decreased acreage directly influences the use of more fertilizers to increase production and meet demand.
  • Furthermore, factors such as the increase in fertilizer usage for the improving yield and quality of the crops coupled with reducing arable land and the need to increase production to meet the growing demand are driving the growth of the market. Therefore, the North American fertilizers market value is expected to record a 4.9% CAGR during 2023-2030.
North America Fertilizers Market

Higher cultivation areas under cereal crops in the United States propel the market growth

  • In North America, the United States and Mexico constitute more than 80.0% of the fertilizers market value and volume. Even though North America has phosphate and potash resources, the region is a net importer of more than half nitrogenous and over 85.0% potash from international sources.
  • The United States and Mexico are the largest consumers of fertilizers in the region, which is majorly due to the higher cultivation areas holding 66.8% and 18.7% of the total crop acreage of North America. Additional scientific and technical advancements in fertilizers in recent years have helped farmers maximize fertilizer benefits.
  • The United States is the largest market in the region, accounting for about 49.3% of the total fertilizers market value in 2022. The dominance of the United States is mainly due to the higher cultivation areas under cereal crops and various nutrient deficiencies that are addressed by fertilization.
  • Generally, in North America, agriculture has been mechanized with the latest technology, particularly in the United States and Canada. These technological improvements demand more efficient and sustainable fertilizers in the region.
  • The supply chain disruptions in 2019-2020 declined the fertilizer value and volume in the region. However, between 2020 and 2021, the demand recovery for fertilizers and increased input costs resulted in a spike in the fertilizer value.
  • In the North American region, the United States and Mexico are the biggest and most advanced economies. Most of the multinational companies are situated in the region, giving growers and farmers an advantage in terms of fertilizer product availability.

North America Fertilizers Industry Segmentation

Straight are covered as segments by Type. Conventional, Speciality are covered as segments by Form. Fertigation, Foliar, Soil are covered as segments by Application Mode. Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Canada, Mexico, United States are covered as segments by Country.

  • Field crops dominate in fertilizer usage in North America, with a market value of USD 67.2 billion in the year 2022. This is due to the region's large-scale cultivation of field crops, which occupy over 95.0% of the total agricultural land. The United States accounts for 69.0% of the available arable land in the region, with 84.0% of it being used for field crop cultivation.
  • Turf and ornamental crops are the second-largest market for fertilizers, valued at USD 5.3 billion in the year 2022. Ornamental plants are becoming increasingly popular among homeowners as disposable income and living standards rise, which is expected to fuel the growth of the market as fertilization is essential to maintain the health and appearance of these plants.
  • Horticultural crops, accounting for just 7.3% of the total agricultural land, represented roughly 5.3% of the total fertilizer market value in 2022. Despite a 2.5% decrease in horticulture cultivation area between 2018 and 2021, the demand for fruits and vegetables in the region is expected to drive the market at a CAGR of 6.1% during 2023-2030. The decreased acreage directly influences the use of more fertilizers to increase production and meet demand.
  • Furthermore, factors such as the increase in fertilizer usage for the improving yield and quality of the crops coupled with reducing arable land and the need to increase production to meet the growing demand are driving the growth of the market. Therefore, the North American fertilizers market value is expected to record a 4.9% CAGR during 2023-2030.
Type
Straight
Micronutrients
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Nitrogenous
Ammonium Nitrate
Anhydrous Ammonia
Urea
Others
Phosphatic
DAP
MAP
SSP
TSP
Others
Potassic
MoP
SoP
Others
Secondary Macronutrients
Calcium
Magnesium
Sulfur
Form
Conventional
Speciality
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Horticultural Crops
Turf & Ornamental
Country
Canada
Mexico
United States
Rest of North America
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North America Fertilizers Market Size Summary

The North America Fertilizers Market is poised for significant growth, driven by the extensive cultivation of field crops, which dominate the region's agricultural landscape. The United States, with its vast arable land primarily dedicated to field crops, plays a pivotal role in this market. The demand for fertilizers is further fueled by the need to enhance crop yield and quality, especially as arable land becomes scarcer. The market is also supported by the rising popularity of turf and ornamental crops, as increasing disposable incomes and living standards encourage homeowners to invest in the health and aesthetics of their gardens. Despite a decrease in horticultural acreage, the demand for fruits and vegetables continues to propel the market forward, necessitating greater fertilizer application to meet consumer needs.

The market landscape is characterized by a moderate level of consolidation, with major players like CF Industries Holdings, Nutrien Ltd., The Andersons Inc., The Mosaic Company, and Yara International ASA holding significant shares. The United States and Mexico are the largest consumers, benefiting from the presence of multinational companies that ensure a steady supply of fertilizer products. Technological advancements in fertilizer application have further optimized crop production, addressing nutrient deficiencies and enhancing soil fertility. The region's reliance on nitrogen-based fertilizers is particularly notable, given the high nutrient consumption of field crops such as corn, wheat, and rapeseed. As concerns over soil depletion and nutrient leaching grow, the application rates of primary nutrients are expected to increase, reinforcing the market's upward trajectory.

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North America Fertilizers Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Type

      1. 1.1.1 Straight

        1. 1.1.1.1 Micronutrients

          1. 1.1.1.1.1 Boron

          2. 1.1.1.1.2 Copper

          3. 1.1.1.1.3 Iron

          4. 1.1.1.1.4 Manganese

          5. 1.1.1.1.5 Molybdenum

          6. 1.1.1.1.6 Zinc

          7. 1.1.1.1.7 Others

        2. 1.1.1.2 Nitrogenous

          1. 1.1.1.2.1 Ammonium Nitrate

          2. 1.1.1.2.2 Anhydrous Ammonia

          3. 1.1.1.2.3 Urea

          4. 1.1.1.2.4 Others

        3. 1.1.1.3 Phosphatic

          1. 1.1.1.3.1 DAP

          2. 1.1.1.3.2 MAP

          3. 1.1.1.3.3 SSP

          4. 1.1.1.3.4 TSP

          5. 1.1.1.3.5 Others

        4. 1.1.1.4 Potassic

          1. 1.1.1.4.1 MoP

          2. 1.1.1.4.2 SoP

          3. 1.1.1.4.3 Others

        5. 1.1.1.5 Secondary Macronutrients

          1. 1.1.1.5.1 Calcium

          2. 1.1.1.5.2 Magnesium

          3. 1.1.1.5.3 Sulfur

    2. 1.2 Form

      1. 1.2.1 Conventional

      2. 1.2.2 Speciality

        1. 1.2.2.1 Liquid Fertilizer

        2. 1.2.2.2 SRF

        3. 1.2.2.3 Water Soluble

    3. 1.3 Application Mode

      1. 1.3.1 Fertigation

      2. 1.3.2 Foliar

      3. 1.3.3 Soil

    4. 1.4 Crop Type

      1. 1.4.1 Horticultural Crops

      2. 1.4.2 Turf & Ornamental

    5. 1.5 Country

      1. 1.5.1 Canada

      2. 1.5.2 Mexico

      3. 1.5.3 United States

      4. 1.5.4 Rest of North America

North America Fertilizers Market Size FAQs

The North America Fertilizers Market size is expected to reach USD 61.08 billion in 2024 and grow at a CAGR of 5.00% to reach USD 81.87 billion by 2030.

In 2024, the North America Fertilizers Market size is expected to reach USD 61.08 billion.

North America Fertilizer Market Report Snapshots

North America Fertilizers Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

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