Npk Fertilizers Feed Grade And Food Grade Market
NPK Fertilizers (Feed-Grade and Food-Grade) Market Forecasts to 2032 - Global Analysis By Grade (Feed-grade and Food-grade), Nature (Organic and Synthetic), Nutrient Composition (Multi-Nutrient Blends and Custom/Specialty Blends), Form, Production Technology, Distribution Channel, Application, End User and By Geography
|
Years Covered |
2024-2032 |
|
Estimated Year Value (2025) |
US $3.2 BN |
|
Projected Year Value (2032) |
US $4.5 BN |
|
CAGR (2025-2032) |
5.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global NPK Fertilizers (feed-grade and food-grade) Market is accounted for $3.2 billion in 2025 and is expected to reach $4.5 billion by 2032 growing at a CAGR of 5.2% during the forecast period. NPK fertilizers are nutrient-rich formulations that comprise nitrogen (N), phosphorus (P), and potassium (K), which are required for plant growth. Feed-grade NPK fertilizers are used to improve forage crops and thereby increase the nutritional value of animal food. Food-grade NPK fertilizers are purified for use in edible crop production, adhering to high safety and purity criteria to prevent contamination. Both grades promote optimal plant growth, but food-grade fertilizers are further processed to fulfill human consumption standards.
According to the Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government of India, the total consumption of fertilizers (including NPK) in India during the financial year 2023-24 was approximately 61.26 million tonnes.
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Market Dynamics:
Driver:
Growing global population and food demand
The rapid expansion of the global population, along with increasing food demand, is the main driver for the NPK fertilizers (feed-grade and food-grade) market. As populations grow, particularly in developing economies, the demand for increased agricultural output escalates. NPK fertilizers provide balanced nutrition via nitrogen, phosphorus, and potassium, allowing farmers to optimize crop yields and enhance food quality. Moreover, heightened consumption of meat, dairy, fruits, and vegetables, propelled by growing disposable incomes and evolving dietary tastes, intensifies the demand for effective fertilizers to guarantee food security and sustainable agricultural production.
Restraint:
Price volatility and market fluctuations
The expenses associated with raw materials, like natural gas, phosphate rock, and potash, are influenced by global supply chain interruptions, geopolitical conflicts, and variable energy prices. These factors may result in volatile fertilizer prices, affecting farmers' purchasing choices and profit margins. Moreover, storage and handling expenses, coupled with stringent governmental rules and erratic subsidy policies, exacerbate market instability. This volatility may dissuade investment in fertilizer application and impede the implementation of sophisticated fertilization techniques, ultimately impacting market growth.
Opportunity:
Precision agriculture and smart farming
The incorporation of data-driven technology, including soil testing, remote sensing, and variable rate applications, facilitates the customized administration of fertilizers, enhancing nutrient distribution and reducing waste. Additionally, the development of slow-release and controlled-release NPK fertilizers aligns with the goals of precision agriculture by helping plants absorb nutrients better and reducing harm to the environment. As farmers progressively implement these new approaches, the need for sophisticated NPK fertilizers is anticipated to escalate, propelling market growth and enhancing sustainable agricultural output.
Threat:
Climate change impacts on agriculture
Climate change is a substantial threat to the NPK fertilizers business by modifying weather patterns, elevating the incidence of extreme events, and impacting soil health. Erratic precipitation, drought conditions, and temperature variations can interfere with crop cycles and nutrient absorption, diminishing fertilizer efficacy and agricultural output. Moreover, climate-induced soil deterioration and nutrient leaching may require elevated fertilizer application rates, hence escalating expenses for farmers.
Covid-19 Impact:
The Covid-19 epidemic exerted a complex influence on the NPK fertilizers industry. Despite the rising demand for fertilizers driven by intensified food security concerns, the industry encountered substantial supply chain disruptions, labor difficulties, and transportation limitations. Manufacturing delays and shortages of raw materials resulted in transient price surges and restricted product supply. Moreover, limitations on travel and commerce hindered the prompt distribution of fertilizers to consumers. Notwithstanding these hurdles, the pandemic highlighted the crucial need for fertilizers to sustain food supply networks, thereby strengthening the market's long-term growth trajectory.
The granular segment is expected to be the largest during the forecast period
The granular segment is expected to account for the largest market share during the forecast period owing to its simplicity of application, extended shelf life, and compatibility with various crops and soil types. Granular NPK fertilizers provide regulated nutrient release, minimizing the potential for nutrient loss by leaching or volatilization. Moreover, their compatibility with current agricultural technology and economic viability render them a favored option among farmers worldwide. The segment's supremacy is further reinforced by strong demand in extensive field crop production, especially in areas with intensive agricultural methods, guaranteeing its sustained market leadership.
The controlled-release segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the controlled-release segment is predicted to witness the highest growth rate, propelled by heightened awareness of sustainable agriculture and the necessity for effective nutrient management. Controlled-release NPK fertilizers deliver a consistent supply of nutrients over a longer duration, improving crop output and minimizing environmental effects. Furthermore, progress in polymer-coating technology and legislative endorsement for environmentally sustainable agricultural inputs are expediting implementation. The segment's swift expansion is credited to its efficacy in high-value and industrial crops, alongside its congruence with precision agriculture trends, establishing it as the market's fastest-growing section.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by its extensive agricultural foundation, significant population density, and rising food demand. Countries such as China and India, characterized by their vast arable territory and governmental programs advocating for balanced fertilization, significantly contribute to regional supremacy. Moreover, swift urbanization, increasing disposable incomes, and changing dietary habits are propelling the utilization of NPK fertilizers to enhance agricultural production. The region's leadership is bolstered by substantial expenditures in agricultural infrastructure and the presence of prominent fertilizer manufacturers, assuring continuous market expansion.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, driven by the rapid implementation of sophisticated agricultural technologies and precision farming methodologies. The region's vibrant market is marked by heightened knowledge of soil health, governmental backing for sustainable agriculture, and a transition toward specialty and controlled-release fertilizers. Moreover, the expansion of cultivated areas and the increasing demand for high-value crops are driving fertilizer usage. The region's vigorous economic expansion, along with significant investments in local production and distribution systems, establishes Asia Pacific as the fastest-growing market for NPK fertilizers worldwide.
Key players in the market
Some of the key players in NPK Fertilizers (feed-grade and food-grade) Market include Yara International ASA, The Mosaic Company, Nutrien Ltd., EuroChem Group AG, CF Industries Holdings, Inc., PhosAgro Group, ICL Group Ltd., K+S Aktiengesellschaft (K+S AG), Haifa Chemicals Ltd., Kingenta Ecological Engineering Group Co., Ltd., Stanley Fertilizer Co., Ltd., Xinyangfeng Fertilizer Co., Ltd., Uralchem Group, Potash Corporation of Saskatchewan Inc., Borealis AG, OCI Nitrogen (OCI N.V.), Sinofert Holdings Ltd., and Coromandel International Ltd.
Key Developments:
In April 2025, CF Industries has formed a joint venture with JERA and Mitsui to build the world's largest low-carbon ammonia plant in Louisiana. The facility will have an annual capacity of 1.4 million metric tons, with production expected to begin in 2029.
In May 2024, BioPrime AgriSolutions, a leading ag-biotech startup harnessing the power of agricultural biotechnology for sustainable and resilient farming practices, is delighted to announce a strategic partnership with Yara India, a subsidiary of Yara International, the world’s leading crop Nutrition Company. Bringing together BioPrime's cutting-edge SNIPR technology-based “Chiron” with Yara India’s expertise & leadership in crop nutrition, this collaboration marks a noteworthy milestone in serving farmers with sustainable solutions mitigating the risk of crop failures due to weather uncertainties & boosting the crop yields.
In March 2024, EuroChem announces new R&D program to improve fertilizers. The Company announced the launch of a new research program aimed at developing technology for processing complex ores and increasing the recovery of valuable components from phosphate rock. This initiative will increase recovery by 10% and help the Company broaden its resource base.
Grades Covered:
• Feed-grade
• Food-grade
Natures Covered:
• Organic
• Synthetic
Nutrient Compositions Covered:
• Multi-Nutrient Blends
• Custom/Specialty Blends
Forms Covered:
• Liquid
• Granular
• Powdered
Production Technologies Covered:
• Conventional
• Controlled-release
• Water-soluble
• Stabilized
Distribution Channels Covered:
• Direct Sales
• Distributors & Wholesalers
• Online Retail
• Agrochemical Stores
Applications Covered:
• Feed-grade Applications
• Food-grade Applications
End Users Covered:
• Commercial Farms
• Agricultural Co-operatives
• Feed Producers
• Specialty Nutrition Companies
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global NPK Fertilizers (feed-grade and food-grade) Market, By Grade
5.1 Introduction
5.2 Feed-grade
5.3 Food-grade
6 Global NPK Fertilizers (feed-grade and food-grade) Market, By Nature
6.1 Introduction
6.2 Organic
6.3 Synthetic
7 Global NPK Fertilizers (feed-grade and food-grade) Market, By Nutrient Composition
7.1 Introduction
7.2 Multi-Nutrient Blends
7.2.1 N:P:K 10-10-10
7.2.2 N:P:K 20-20-20
7.2.3 N:P:K 15-15-15
7.2.4 N:P:K 12-32-16
7.3 Custom/Specialty Blends
8 Global NPK Fertilizers (feed-grade and food-grade) Market, By Form
8.1 Introduction
8.2 Liquid
8.3 Granular
8.4 Powdered
9 Global NPK Fertilizers (feed-grade and food-grade) Market, By Production Technology
9.1 Introduction
9.2 Conventional
9.3 Controlled-release
9.4 Water-soluble
9.5 Stabilized
10 Global NPK Fertilizers (feed-grade and food-grade) Market, By Distribution Channel
10.1 Introduction
10.2 Direct Sales
10.3 Distributors & Wholesalers
10.4 Online Retail
10.5 Agrochemical Stores
11 Global NPK Fertilizers (feed-grade and food-grade) Market, By Application
11.1 Introduction
11.2 Feed-grade Applications
11.2.1 Cereals
11.2.2 Oilseeds
11.2.3 Forage Crops
11.2.4 Pasture
11.3 Food-grade Applications
11.3.1 Fruits & Vegetables
11.3.2 Cereal & Grain Crops
11.3.3 Legumes & Pulses
11.3.4 Plantation Crops
11.3.5 Horticulture & Floriculture
12 Global NPK Fertilizers (feed-grade and food-grade) Market, By End User
12.1 Introduction
12.2 Commercial Farms
12.3 Agricultural Co-operatives
12.4 Feed Producers
12.5 Specialty Nutrition Companies
12.6 Other End Users
13 Global NPK Fertilizers (feed-grade and food-grade) Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Yara International ASA
15.2 The Mosaic Company
15.3 Nutrien Ltd.
15.4 EuroChem Group AG
15.5 CF Industries Holdings, Inc.
15.6 PhosAgro Group
15.7 ICL Group Ltd.
15.8 K+S Aktiengesellschaft (K+S AG)
15.9 Haifa Chemicals Ltd.
15.10 Kingenta Ecological Engineering Group Co., Ltd.
15.11 Stanley Fertilizer Co., Ltd.
15.12 Xinyangfeng Fertilizer Co., Ltd.
15.13 Uralchem Group
15.14 Potash Corporation of Saskatchewan Inc
15.15 Borealis AG
15.16 OCI Nitrogen (OCI N.V.)
15.17 Sinofert Holdings Ltd.
15.18 Coromandel International Ltd.
List of Tables
1 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Region (2024-2032) ($MN)
2 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Grade (2024-2032) ($MN)
3 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Feed-grade (2024-2032) ($MN)
4 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Food-grade (2024-2032) ($MN)
5 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Nature (2024-2032) ($MN)
6 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Organic (2024-2032) ($MN)
7 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Synthetic (2024-2032) ($MN)
8 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Nutrient Composition (2024-2032) ($MN)
9 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Multi-Nutrient Blends (2024-2032) ($MN)
10 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By N:P:K 10-10-10 (2024-2032) ($MN)
11 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By N:P:K 20-20-20 (2024-2032) ($MN)
12 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By N:P:K 15-15-15 (2024-2032) ($MN)
13 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By N:P:K 12-32-16 (2024-2032) ($MN)
14 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Custom/Specialty Blends (2024-2032) ($MN)
15 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Form (2024-2032) ($MN)
16 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Liquid (2024-2032) ($MN)
17 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Granular (2024-2032) ($MN)
18 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Powdered (2024-2032) ($MN)
19 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Production Technology (2024-2032) ($MN)
20 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Conventional (2024-2032) ($MN)
21 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Controlled-release (2024-2032) ($MN)
22 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Water-soluble (2024-2032) ($MN)
23 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Stabilized (2024-2032) ($MN)
24 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Distribution Channel (2024-2032) ($MN)
25 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Direct Sales (2024-2032) ($MN)
26 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Distributors & Wholesalers (2024-2032) ($MN)
27 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Online Retail (2024-2032) ($MN)
28 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Agrochemical Stores (2024-2032) ($MN)
29 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Application (2024-2032) ($MN)
30 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Feed-grade Applications (2024-2032) ($MN)
31 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Cereals (2024-2032) ($MN)
32 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Oilseeds (2024-2032) ($MN)
33 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Forage Crops (2024-2032) ($MN)
34 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Pasture (2024-2032) ($MN)
35 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Food-grade Applications (2024-2032) ($MN)
36 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Fruits & Vegetables (2024-2032) ($MN)
37 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Cereal & Grain Crops (2024-2032) ($MN)
38 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Legumes & Pulses (2024-2032) ($MN)
39 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Plantation Crops (2024-2032) ($MN)
40 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Horticulture & Floriculture (2024-2032) ($MN)
41 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By End User (2024-2032) ($MN)
42 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Commercial Farms (2024-2032) ($MN)
43 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Agricultural Co-operatives (2024-2032) ($MN)
44 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Feed Producers (2024-2032) ($MN)
45 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Specialty Nutrition Companies (2024-2032) ($MN)
46 Global NPK Fertilizers (feed-grade and food-grade) Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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