Fertilizer Market Size, Share, Trends Growth Report 2033

The global fertilizer market size was valued at USD 182.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 246.6 Billion by 2033, exhibiting a CAGR of 3.07% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 52.5% in 2024. The rapid population expansion, high demand for food, increased income levels, government policies and subsidies, increased activities in research and development (R&D), and rapid increases in agricultural technology are some of the factors driving the market growth across the region.

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