Global NPK Fertilizer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global NPK Fertilizer market size was valued at US$ 44050 million in 2024 and is forecast to a readjusted size of USD 53100 million by 2031 with a CAGR of 2.7% during review period.

N-P-K refers to the ratio of important elements in a fertilizer or soil amendment. N stands for nitrogen, which is responsible for strong stem and foliage growth. P is for phosphorus, which aids in healthy root growth and flower and seed production. K stands for potassium, which is responsible for improving overall health and disease resistance.

Global NPK Fertilizer key players include Kingenta, Yara, Xinyangfeng, Euro Chem, Xinlianxin, etc. Global top five manufacturers hold a share about 20%. Europe is the largest market, with a share about 40%, followed by North America and Asia-Pacific, both have a share about 40 percent. In terms of product, Chlorine-based Compound Fertilizers is the largest segment, with a share about 30%. And in terms of application, the largest application is Fruits and Vegetables, followed by Rice.

NPK Fertilizer market drivers:

1. Rising Global Food Demand

The world’s population is projected to reach 9.7 billion by 2050, increasing the demand for food production. NPK fertilizers, which enhance soil fertility and crop yields, are essential to meet this demand, particularly in developing regions with limited arable land.

2. Shrinking Arable Land

Urbanization, soil degradation, and climate change are reducing the availability of fertile land. Farmers are increasingly relying on NPK fertilizers to maximize productivity from existing agricultural areas, driving market growth.

3. Government Subsidies and Support

Many governments, especially in Asia and Africa, provide subsidies and incentives to farmers for using fertilizers. Policies aimed at achieving food self-sufficiency and improving agricultural output are boosting NPK fertilizer adoption.

4. Technological Advancements in Fertilizer Production

Innovations in fertilizer manufacturing, such as controlled-release and water-soluble NPK formulations, are improving nutrient efficiency and reducing environmental impact. These advancements are attracting farmers seeking cost-effective and sustainable solutions.

5. Precision Agriculture Adoption

The rise of precision farming techniques, which use GPS, IoT, and data analytics, is driving demand for customized NPK fertilizers. Tailored nutrient blends optimize crop growth and minimize waste, enhancing farm profitability.



This report is a detailed and comprehensive analysis for global NPK Fertilizer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global NPK Fertilizer market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global NPK Fertilizer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global NPK Fertilizer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global NPK Fertilizer market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for NPK Fertilizer

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global NPK Fertilizer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yara, Euro Chem, Acron, Rossosh, ZAT, ICL, Helena Agri-Enterprises, IFFCO, Nfert, Azomures, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

NPK Fertilizer market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Chlorine-Based Compound Fertilizers

Sulfur-Based Compound Fertilizers

Nitro-Based Compound Fertilizers

Urea-Based Compound Fertilizer

Market segment by Application

Wheat

Rice

Maize

Fruits and Vegetables

Others

Major players covered

Yara

Euro Chem

Acron

Rossosh

ZAT

ICL

Helena Agri-Enterprises

IFFCO

Nfert

Azomures

Uralchem

NPK Expert

Phosagro

CGC

Kingenta

Yonfer

Stanley

Luxi Chem

Aboolo

SACF

Batian

Huachang Chem

Sinofert

Yihua

Fengxi Fert

Goldym

Wintrue Holding

Yuntianhua

Xinlianxin

Liuguo Chem

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe NPK Fertilizer product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of NPK Fertilizer, with price, sales quantity, revenue, and global market share of NPK Fertilizer from 2020 to 2025.

Chapter 3, the NPK Fertilizer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the NPK Fertilizer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and NPK Fertilizer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of NPK Fertilizer.

Chapter 14 and 15, to describe NPK Fertilizer sales channel, distributors, customers, research findings and conclusion.