
Vietnam Fertiliser Market Report and Forecast 2025-2034
Description
The Vietnam fertiliser market reached approximately USD 6.66 Billion in 2024. The market is projected to grow at a CAGR of 3.70% between 2025 and 2034, reaching a value of around USD 6.66 Billion by 2034.
Vietnam Fertiliser Market Growth
The Vietnamese economy is heavily dependent on agriculture, as a significant number of people are involved in farming activities. In 2022, the Vietnamese Ministry of Agriculture and Rural Development announced that the agricultural sector in the country witnessed a growth of 3.36%. The increasing demand for fertilisers is being fuelled by the necessity to enhance crop yields and productivity. Farmers are expanding their cultivation to include high-value crops such as fruits, vegetables, and flowers, which necessitate the use of specific fertilisers to ensure optimal growth and quality. In the year 2022, Vietnam imported around 3.35 million metric tons of fertiliser, amounting to nearly 1.6 billion US dollars.
The movement towards organic fertiliser in Vietnam is rapidly gaining traction due to a variety of factors, such as the growing consumer preference for organic products, stringent government regulations, and a focus on environmental sustainability. Vietnam is presently utilising 11 million tons of fertilisers, with around 35% of them being organic. The increasing awareness among consumers about the health advantages of organic food is fuelling the demand for organically grown crops, consequently driving the need for organic fertilisers. Organic fertilisers are recognised for their ability to enhance soil health by improving soil structure, promoting microbial activity, and supplying essential nutrients without causing harm to the environment. The transition to organic fertilisers also helps to decrease reliance on chemical fertilisers, which can result in soil degradation, water pollution, and adverse health effects.
Vietnam Fertiliser Industry Segmentation
“Vietnam Fertiliser Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Organic
Inorganic
Market Breakup by Form
Dry
Liquid
Market Breakup by Application
Agriculture
Horticulture
Gardening
Others
Market Breakup by Region
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Fertiliser Market Share
Based on the type, the market is segmented into organic and inorganic. Organic type is projected to grow at a CAGR of 5.2% during the forecast period of 2025-2034. Organic fertilisers enhance soil structure by boosting organic matter content, leading to improved water retention, aeration, and root growth. They also stimulate the proliferation of beneficial soil microorganisms, which are essential for nutrient cycling and the enhancement of soil fertility.
Leading Companies in the Vietnam Fertiliser Market
Major market players are focusing on technological advancements and sustainable farming solutions to gain a competitive edge in the market.
PVFCCo.
VIETNAM NATIONAL CHEMICAL GROUP
AGRICULTURAL PRODUCTS MATERIALS JOINT STOCK COMPANY
Supe Lâm Thao
Baconco
Others
Vietnam Data Centre Report Snapshots
Vietnam Fertiliser Market Size
Vietnam Data Centre Growth
Vietnam Fertiliser Market Share
Vietnam Fertiliser Companies
Vietnam Fertiliser Market Growth
The Vietnamese economy is heavily dependent on agriculture, as a significant number of people are involved in farming activities. In 2022, the Vietnamese Ministry of Agriculture and Rural Development announced that the agricultural sector in the country witnessed a growth of 3.36%. The increasing demand for fertilisers is being fuelled by the necessity to enhance crop yields and productivity. Farmers are expanding their cultivation to include high-value crops such as fruits, vegetables, and flowers, which necessitate the use of specific fertilisers to ensure optimal growth and quality. In the year 2022, Vietnam imported around 3.35 million metric tons of fertiliser, amounting to nearly 1.6 billion US dollars.
The movement towards organic fertiliser in Vietnam is rapidly gaining traction due to a variety of factors, such as the growing consumer preference for organic products, stringent government regulations, and a focus on environmental sustainability. Vietnam is presently utilising 11 million tons of fertilisers, with around 35% of them being organic. The increasing awareness among consumers about the health advantages of organic food is fuelling the demand for organically grown crops, consequently driving the need for organic fertilisers. Organic fertilisers are recognised for their ability to enhance soil health by improving soil structure, promoting microbial activity, and supplying essential nutrients without causing harm to the environment. The transition to organic fertilisers also helps to decrease reliance on chemical fertilisers, which can result in soil degradation, water pollution, and adverse health effects.
Vietnam Fertiliser Industry Segmentation
“Vietnam Fertiliser Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Organic
Inorganic
Market Breakup by Form
Dry
Liquid
Market Breakup by Application
Agriculture
Horticulture
Gardening
Others
Market Breakup by Region
Southeast
Red River Delta
Mekong River Delta
South Central Coast
Others
Vietnam Fertiliser Market Share
Based on the type, the market is segmented into organic and inorganic. Organic type is projected to grow at a CAGR of 5.2% during the forecast period of 2025-2034. Organic fertilisers enhance soil structure by boosting organic matter content, leading to improved water retention, aeration, and root growth. They also stimulate the proliferation of beneficial soil microorganisms, which are essential for nutrient cycling and the enhancement of soil fertility.
Leading Companies in the Vietnam Fertiliser Market
Major market players are focusing on technological advancements and sustainable farming solutions to gain a competitive edge in the market.
PVFCCo.
VIETNAM NATIONAL CHEMICAL GROUP
AGRICULTURAL PRODUCTS MATERIALS JOINT STOCK COMPANY
Supe Lâm Thao
Baconco
Others
Vietnam Data Centre Report Snapshots
Vietnam Fertiliser Market Size
Vietnam Data Centre Growth
Vietnam Fertiliser Market Share
Vietnam Fertiliser Companies
Table of Contents
168 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Fertiliser Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Fertiliser Historical Market (2018-2024)
- 5.3 Asia Pacific Fertiliser Market Forecast (2025-2034)
- 6 Vietnam Fertiliser Market Overview
- 6.1 Key Industry Highlights
- 6.2 Vietnam Fertiliser Historical Market (2018-2024)
- 6.3 Vietnam Fertiliser Market Forecast (2025-2034)
- 7 Vietnam Fertiliser Market by Type
- 7.1 Organic
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Inorganic
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 Vietnam Fertiliser Market by Form
- 8.1 Dry
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Liquid
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Vietnam Fertiliser Market by Application
- 9.1 Agriculture
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Horticulture
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Gardening
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Vietnam Fertiliser Market by Region
- 10.1 Southeast
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Red River Delta
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Mekong River Delta
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Central Coast
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 PVFCCo.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 VIETNAM NATIONAL CHEMICAL GROUP
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 AGRICULTURAL PRODUCTS MATERIALS JOINT STOCK COMPANY
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Supe Lâm Thao
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Baconco
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Others
Pricing
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