Specialty Fertilizers Market Volume to Hit 49.33 Million Tons by 2034

Specialty Fertilizers Market Size, Share, Growth, Report 2025 to 2034

According to market forecasts, the global specialty fertilizers market volume is calculated at 30.23 million tons in 2024, grew to 31.75 million tons in 2025, and is projected to reach around 49.33 million tons by 2034.The market is expanding at a CAGR of 5.02% between 2025 and 2034. In 2024, Asia Pacific held a dominant market position, capturing more than a 44.33% volume share and holding a 13.40 million tons market volume for the year.

Last Updated: 20 May 2025 Category: Agro Chemicals Insight Code: 5582 Format: PDF / PPT / Excel

Specialty Fertilizers Market Strategic Analysis & Growth Opportunities

The global specialty fertilizers market volume was reached at 30.23 million tons in 2024 and is expected to be worth around 49.33 million tons by 2034, exhibiting at a compound annual growth rate (CAGR) of 5.02% over the forecast period 2025 to 2034. The increasing global food demand, growing need for improved nutrient efficacy, growing awareness of fertilizers' efficacy, and growing demand for high-quality crops drive the market growth.

Specialty Fertilizers Market Volume 2024 to 2034 (Million Tons)

Key Takeaways

  • The Asia pacific specialty fertilizers market volume is estimated at 14.13 million tons in 2025, and is expected to reach 22.76 million tons by 2034, at a CAGR of 5.44% during the forecast period 2025-2034
  • Asia Pacific dominated the specialty fertilizers industry with the largest Volume share of 44.33% in 2024
  • The North America has held Volume share of around 20.32% in 2024.
  • The Europe specialty fertilizers industry is expected to grow at a CAGR of over 4.31% from 2025 to 2034
  • By technology, the controlled-release fertilizers segment accounted for the largest market Volume share of 34.12%  in 2024
  • By technology, the water-soluble fertilizers segment is expected to witness a significant CAGR of over 3.89% from 2025 to 2034. 
  • By type, the urea ammonium nitrate (UAN) fertilizer segment accounted for the largest market Volume share of 16.83% in 2024
  • By type, The micronutrient fertilizers segment is expected to grow at the fastest CAGR during the forecast period. 
  • By crop type, the Cereals & Grains segment dominated the market with a Volume share of over 44.24% in 2024
  • By crop type, the software segment is expected to witness a significant CAGR of over 6.67% from 2025 to 2034.
  • By application, the fertigation segment led the market with the largest Volume share of 47.43% in 2024.
  • By application, the foliar segment segment is expected to witness the highest CAGR of over 7.31%
    % from 2025 to 2034.

Specialty Fertilizers Power Behind the Agricultural Industry

Specialty fertilizers are fertilizers designed to provide targeted nutrients to specific crop yields. They offer controlled release, enhance efficiency, and provide various benefits to soil & crops. Specialty fertilizers are developed to address nutrient deficiency in particular plants or crops. Specialty fertilizers are categorized into various types, including controlled-release fertilizers, water-soluble fertilizers, slow-release fertilizers, micronutrient fertilizers, customized fertilizers, and fortified fertilizers.

Controlled-release fertilizers are fertilizers that release nutrients gradually over a specific period and lower waste. Slow-release fertilizers consist of a broader release window. Water-soluble fertilizers dissolve in water quickly and make nutrients readily available to the plant. The growing demand for high-quality crops increases demand for specialty fertilizers. The growing adoption of sustainable agriculture and stringent environmental regulations drive the market growth. Factors like growing demand from soil & plants, increasing adoption of precision agriculture, growing population, technological advancement in fertilizer technology, government support, and growing demand for food contribute to the specialty fertilizers market.

  • Russia exported $15.3 B of fertilizers in 2023.
  • Canada exported $10.4 B of fertilizers in 2023.
  • The United States exported 67732 shipments of fertilizers.
  • Russia exported 67544 shipments of fertilizers.
  • Japan exported 8250 shipments of organic fertilizers.
  • Growing demand from the agricultural industry drives market growth

The growing agriculture industry in various regions increases demand for specialty fertilizers. The growth in world population increases the demand for food security and agricultural production, which fuels demand for specialty fertilizers. The changing dietary habits increase demand for efficient agriculture practices. The growing demand for high-quality crops like fruits, cereals, grains, and vegetables increases demand for specialty fertilizers to enhance crop quality. The growing adoption of precision agriculture techniques to optimize agricultural practices increases demand for specialty fertilizers to tailor specific soil & crop needs.

The growing urbanization and the growing demand for healthier eating options increase demand for a wider range of agricultural products. The growing adoption of new technologies like drones & Artificial Intelligence (AI) increases demand for specialty fertilizers to improve agricultural productivity. The growing demand for high-quality crops and rapid growth in the agricultural sector are key drivers for the specialty fertilizers market growth.

  • Growing adoption of sustainability: The growing adoption of sustainable practices in the agriculture sector increases demand for specialty fertilizers. These fertilizers are the best alternative to traditional fertilizers and lower environmental impact.
  • Growing adoption of precision farming & agrochemicals: The growing adoption of precision farming and agrochemicals increases demand for specialty fertilizers. These fertilizers allow efficient nutrient delivery to crops and increase crop yields.The growing technological advancements, like precision farming, increase the adoption of specialty fertilizers.
  • The growing demand for controlled-release fertilizers: Controlled-release fertilizers demand is growing due to the ability to release nutrients over a longer period. The growing adoption of sustainable farming and demand for lowering environmental impact help in the market growth. Controlled-release fertilizers are widely used in horticulture, nurseries, high-value crops, and ornamental crops.
  • Technological advancements: The growing demand for specialty fertilizers encourages technological advancements like innovations in nano-fertilizers and controlled-release fertilizers. The growing advancements in biofertilizers, innovation in application technologies like automated systems and sensors help to enhance crop yields, nutrient delivery efficacy, and lower environmental impact.

Market Report Scope

Report Attributes Details
Market Size in 2025 31.75 Million Tons
Expected Size in 2034 49.33 Million Tons
Growth Rate from 2025 to 2034 CAGR 5.02%
Base Year of Estimation 2024
Forecast Period 2025-2034
Dominant Region Asia Pacific
Segment Covered By Technology, By Type, By Crop Type, By Application, By Region
Key Company Profiled ICL, Nutrien Ltd, The Mosaic Company, Yara, Nufarm, SQM SA, CF Industries and Holdings, Inc., OCP Group, K+S Aktiengesellschaft, Sociedad Quimica y Minera de Chile SA, Eurochem Group

Specialty Fertilizers Market Opportunity

Growing demand for food surges demand for specialty fertilizers
The growing civilization and increasing population in various regions increase the demand for food. The growing demand for food creates an opportunity for market growth. The changing dietary habits increase the consumption of fruits and vegetables, which increases demand for specialty fertilizers for higher crop yields. Specialty fertilizers provide plants with specific nutrients at the right time. The growing disposable incomes allow for spending on healthy dietary foods like salads, which require a wide range of vegetables. The growing awareness regarding the importance of healthy foods and nutrient-rich foods promotes healthy agricultural practices, which increases demand for specialty fertilizers. The growing food production in various regions increases demand for specialty fertilizers. The growing demand for food in developing countries increases demand for specialty fertilizers, which creates an opportunity for the growth of the specialty fertilizers market.  

Market Challenge

High cost limits the expansion of the market

Despite several advantages of specialty fertilizers, high cost restricts the growth of the market. Specialty fertilizers require complex manufacturing processes to tailor to specific plant needs. It requires precise delivery methods and nutrient ratios increases the cost. The high-quality raw materials, like specialized ingredients, specific plant needs, and organic matter, are expensive. The specialty fertilizer production needs specialized processes and unique formulations, which increases the overall cost. The higher prices can limit access to specialty fertilizers for small-scale farmers, which restrains the market growth. Factors like geopolitical tensions and increasing energy prices increase the cost of raw materials, fueling the total cost of specialty fertilizers. Factors like complex manufacturing processes, specialized formulations, and the use of high-quality raw materials increase the overall cost, which hampers the growth of the specialty fertilizers market.

Regional Insights

The Asia pacific specialty fertilizers market volume is estimated at 14.13 million tons in 2025, and is expected to reach 22.76 million tons by 2034, at a CAGR of 5.44%% during the forecast period 2025-2034. Asia Pacific powerhouse of the specialty fertilizers market, Asia Pacific dominated the specialty fertilizers market. The significant amount of arable land and the presence of a large-scale agricultural industry in the region help in the market growth. The large population in the region increases demand for food, fueling demand for specialty fertilizers, and the presence of a vast agricultural landscape drives the market growth. The growing demand for specialized fertilizers in the region is to improve soil health and provide targeted nutrients to crop yield helps in the market growth. The growing demand for sustainable agricultural practices and soil deficiencies in some regions increases demand for specialty fertilizers. The high production of fruits, cereals, vegetables, and grains increases demand for specialty fertilizers like phosphorus-based fertilizers. The presence of key players in countries like Japan, China & India, and major fertilizers companies contributes to the overall growth of the market.

Specialty Fertilizers Market Volume Share, By Region, 2024 (%)

China Specialty Fertilizers Market Trends, China is a major contributor to the specialty fertilizers market. The diverse and large agriculture sector and the presence of a wide range of crops in the country help in the market growth. The strong commitment to food productivity and security increases demand for specialty fertilizers to improve crop yield quality. The government initiative to promote efficient and sustainable agricultural practices increases demand for specialty fertilizers. The increasing adoption of precision farming techniques like soil testing and modern irrigation systems increases demand for specialty fertilizers. The well-established distribution network for agriculture and a growing population drive the overall growth of the market.

  • China exported $10.9 B of fertilizers in 2023.
  • China exported 92524 shipments of fertilizers.
  • China exported 9935 shipments of water-soluble fertilizer.

Specialty Fertilizers Market Volume Share, By Region, 2024 (%)

India specialty fertilizers market trends, India is rapidly growing in the specialty fertilizers market. The growing awareness about the benefits of specialty fertilizers, like efficient nutrient management, enhances crop yields, and improves soil health, which helps in the market growth. The rapid growth in the population increases demand for food production, fueling demand for specialty fertilizers. The strong focus on sustainable farming practices and growing environmental concerns increases demand for specialty fertilizers. The extensive government support, like government subsidies and promoting the use of specialty fertilizers, helps in the market growth. Additionally, the presence of key players like Rashtriya Chemicals & Fertilizers and Coromandel

  • International Limited contributes to the market growth.
  • India exported 1257 shipments of bio fertilizer.

Specialty Fertilizers Market Volume & Share, By Region, 2024 - 2034 (%)

By Region Market Volume Share, 2024 (%) Market Volume Million Tons- 2024 Market Volume Share, 2034 (%) Market Volume Million Tons - 2034 CAGR
North America 20.32% 6.14 18.21% 8.98 3.87%
Europe 15.21% 4.60 14.21% 7.01 4.31%
Asia Pacific 44.33% 13.40 46.14% 22.76 5.44%
Latin America 12.02% 3.63 13.23% 6.53 6.03%
Middle East & Africa 8.12% 2.45 8.21% 4.05 5.13%
Total 100% 30.23 100% 49.33 5.02%

Europe’s Role in the Specialty Fertilizers Market, Europe is experiencing the notable growth in the market during the forecast period.  The growing adoption of sustainable & organic farming in the region helps in the growth of the market. The growing adoption of precision farming techniques like lower fertilizer overuse and data & technology to optimize nutrient management increases demand for specialty fertilizers. The favorable regulatory environment for promoting sustainable farming and strong government support help in the market growth.

For instance, the European Union’s Common Agricultural Policy aims to promote sustainable agricultural practices, support farmers, ensure food security, and promote the use of customized and innovative fertilizer formulations. Additionally, growing demand for high-quality crops and technological advancements in fertilizer development contribute to the overall growth of the market.

Germany Specialty Fertilizers Market Trends, Germany is a key contributor to the specialty fertilizers market. The strong emphasis on precision farming and sustainable agricultural practices helps in the market growth. The growing research & development for innovative fertilizer solutions and varying crop needs drive market growth. The country is a major exporter of fertilizer and has diverse soil types, which increases demand for specialty fertilizers. The favorable government policies and strong support for sustainable agriculture drive the overall growth of the market.
Germany exported $3.61 B of fertilizers in 2023.

Segmental Insights

Technology Insights

The controlled-release segment dominated the specialty fertilizers market in 2024. The growing awareness about the benefits of controlled-release fertilizers among farmers helps in the market growth. The growing adoption of sustainable agricultural practices and government regulations about environmental protection & fertilizer efficiency increases demand for controlled-release fertilizers. Technological advancements in controlled-release fertilizers, like biocomposite materials and polymer coatings, help in the market growth. Additionally, a growing population and high food demand support the overall market growth.

Specialty Fertilizers Market Volume Share, By Technology, 2024 (%)

The water-soluble segment is experiencing the fastest growth in the market during the forecast period. The growing adoption of sustainable farming practices and adoption of precision farming techniques helps in the market growth. Water-soluble fertilizers lower runoff & soil pollution and promote efficient nutrient absorption. The growing demand for better water management in agricultural practices increases demand for water-soluble fertilizers. The growing requirement for specialty fertilizers to improve crop quality and address nutrient deficiencies increases demand for water-soluble fertilizers. Additionally, government subsidies and policies promote sustainable agricultural practices, supporting the overall growth of the market.

Specialty Fertilizers Market Volume & Share, By Technology, 2024-2034 (%)

By Technology Market Volume Share, 2024(%) Market Volume Million Tons - 2024 Market Volume Share, 2034 (%) Market Volume Million Tons - 2034 CAGR
Controlled-release Fertilizers 34.12% 10.31 40.34% 19.90 6.79%
Water-soluble Fertilizers 28.21% 8.53 25.32% 12.49 3.89%
Liquid Fertilizers 15.21% 4.60 14.23% 7.02 4.32%
Micronutrients 12.12% 3.66 13.21% 6.52 5.93%
Others 10.34% 3.13 6.90% 3.40 0.86%
Total 100% 30.23 100% 49.33 5.02%

Type Insights

The urea ammonium nitrate segment held the largest share of the specialty fertilizers market in 2024. The growing demand for lowering nutrient losses and quick nutrient availability helps in the market growth. Urea ammonium nitrate is essential for plant development & growth, and it ensures efficient nutrient uptake in plants. The growing demand for versatility, such as applied to foliar spray & soil, and easy adaptability with other chemicals like pesticides, increases demand for urea ammonium nitrate. Additionally, easy application, pumped & stored, and growing demand from various climatic zones like dry climates in regions Asia Pacific, North America, and Europe contribute to the market growth. 

Specialty Fertilizers Market Volume Share, By Type, 2024 (%)

The micronutrient fertilizers segment is the fastest growing in the market during the forecast period. The growing demand for healthy plant development increases the demand for micronutrients like manganese, zinc, copper, and many more. The growing awareness about micronutrient deficiencies in crop yields and the importance of soil health increases demand for micronutrient fertilizers. The government's programs & policies promoting sustainable agriculture increase the adoption of micronutrient fertilizers. The technological advancements in fertilizer technology and the growing demand from various crops help in the market growth. Furthermore, growing demand from high-value crops like specialty crops, fruits & vegetables supports the overall growth of the market.

Specialty Fertilizers Market Volume & Share, By Type, 2024- 2034 (%)

By Type Market Volume Share, 2024 (%) Market Volume Million Tons - 2024 Market Volume Share, 2034 (%) Market Volume Million Tons - 2034 CAGR
Urea Ammonium Nitrate 16.83% 5.09 13.78% 6.80 2.94%
Calcium Ammonium Nitrate 12.10% 3.66 11.56% 5.70 4.54%
Monoammonium Phosphate 10.21% 3.09 11.12% 5.49 5.92%
Sulfate of Phosphate 8.11% 2.45 9.22% 4.55 6.37%
Potassium Nitrate 14.21% 4.30 15.21% 7.50 5.74%
Urea Derivatives 10.23% 3.09 13.11% 6.47 7.66%
Blends of NPK 22.10% 6.68 21.10% 10.41 4.53%
Others 6.21% 1.88 4.90% 2.42 2.56%
Total 100% 30.23 100% 49.33 5.02%

Crop Type Insights

The fruits & vegetables segment dominated the specialty fertilizers market in 2024. The changing consumer preferences, like the adoption of healthier diets, increase demand for fruits & vegetables, which helps in the growth of the market. The growing demand to meet the nutritional requirements of fruits & vegetables increases demand for specialty fertilizers. The growing export and production of high-quality fruits & vegetables increases demand for specialty fertilizers. The growing demand for high-nutrient-density fruits and vegetables in various regions contributes to the overall market growth.

Specialty Fertilizers Market Volume Share, By Crop Type, 2024 (%)

The cereals & grains segment is growing at the fastest rate in the market during the forecast period. The growing demand from the large world population for high-nutrient foods increases demand for cereals & grains, which helps in the market growth. The growing population in some regions and rapid civilization increases demand for cereals & grains, which increases demand for specialty fertilizers. The growing industrial applications of cereals & grains drive the market growth. The growing health consciousness among consumers increases demand for nutrient-rich diets, which increases demand for cereals like muesli & oats and various grains, fueling the overall market growth.

Specialty Fertilizers Market Volume & Share, By Crop Type, 2024- 2034 (%)

By Crop Type Market Volume Share, 2024 (%) Market Volume Million Tons - 2024 Market Volume Share, 2034 (%) Market Volume Share, 2034 (%) CAGR
Cereals & Grains 44.24% 13.37 39.24% 19.36 3.77%
Fruits & Vegetables 30.21% 9.13 35.32% 17.42 6.67%
Oilseeds & Pulses 15.34% 4.64 17.34% 8.55 6.31%
Others 10.21% 3.09 8.10% 4.00 2.62%
Total 100% 30.23 100% 49.33 5.02%

Application Insights

The fertigation segment held the largest share of the specialty fertilizers market. The increasing population and growing production of food help in the market growth. The growing demand for targeted nutrient delivery into the root zone and lowering waste increases demand for specialty fertilizers. Fertigation provides precise control over concentration, timing, and quantity of nutrients, lowers nutrient deficiency risk, and optimizes crop growth. The growing adoption of sustainable agriculture increases demand for fertigation, which promotes water conservation and lowers fertilizer waste. The growing adoption of modern agricultural practices and technological innovation in fertilizers & irrigation systems drives the overall growth of the market.

Specialty Fertilizers Market Volume Share, By Application, 2024 (%)
The foliar segment is the fastest growing in the market during the forecast period. The growing consumer demand for high-quality crops puts pressure on farmers, which helps in the market growth. The growing population increases demand to improve crop yields, fueling demand for foliar.

The growing demand for environmental alternatives to conventional fertilizers increases demand for foliar fertilizers. The government policies & initiatives promoting the adoption of sustainable farming practices drive the market growth. Additionally, the growing demand for agricultural productivity globally supports the overall growth of the market.

Specialty Fertilizers Market Volume & Share, By Application, 2024 (%)

By Application Market Volume Share, 2024 (%) Market Volume Million Tons - 2024 Market Volume Share, 2034 (%) Market Volume Million Tons - 2024 CAGR
Fertigation 47.43% 14.34 39.38% 19.43 3.08%
Foliar 32.34% 9.78 40.12% 19.79 7.31%
Soil 20.23% 6.12 20.50% 10.11 5.16%
Total 100% 30.23 100% 49.33 5.02%

Specialty Fertilizers Market Recent Developments

  • In January 2025, Super Crop Safe launched a bio fertilizer named Super Gold WP+. This fertilizer is designed to revolutionize farming practices by lowering the utilization of chemical fertilizers. These fertilizers allow plants to absorb water & nutrients more efficiently and enhance root development in crops. The fertilizers are available in Haryana, Gujarat, Uttarakhand, Rajasthan, Madhya Pradesh, Kerala, Chhattisgarh, Punjab, Uttarakhand, Maharashtra, and Karnataka. 
  • In July 2024, Coromandel International introduced Paramfos Plus, Magnesium-fortified complex grade fertilizer, in Bengaluru. It consists of nutrient compositions of 0.6 magnesium, 20% phosphorus, 16% nitrogen, and 13% sulfur. The fertilizer is applied to top dressing and basal dressing for a wide range of crops like maize, paddy, pulses, groundnut, cotton, oilseeds, sugarcane, cereals, tuber crops, legumes, fruit-bearing plants, vegetables, and horticulture crops. It promotes early greening of crops and robust vegetative growth.
  • In September 2024, NAFAS launched controlled-release liquid fertilizer Peladang 25. It is designed with controlled release technology and supports sustainable agriculture. The fertilizer is suitable for a variety of crops like pineapple, rice, napier grass, and oil palm and it is versatile. It boosts crop production by 10 to 15% and can be used together with herbicides & fungicides.
  • In April 2023, partnered with Novozymes South Asia Pvt Ltd collaborated with Zuari FarmHub to launch Poorna Advanced the water-soluble fertilizer. The fertilizer developed using LCO promoter technology and designed for fertigation & foliar. It is ideal for various crops like plantation crops, commercial crops, field crops, and vegetables.

Top Companies List

Specialty Fertilizers Market Companies

Segments Covered in the Report

By Technology

  • Controlled-Release Fertilizers
  • Water-Soluble Fertilizers
  • Liquid Fertilizers
  • Micronutrients
  • Others

By Type

  • Urea Ammonium Nitrate
  • Monoammonium Phosphate
  • Potassium Nitrate
  • Calcium Ammonium Nitrate
  • Sulfate Of Potash
  • Urea Derivatives
  • Blends Of NPK
  • Others

By Crop Type

  • Fruits & Vegetables
  • Cereals & Grains
  • Oilseeds & Pulses
  • Others

By Application

  • Fertigation
  • Foliar
  • Soil

By Region

  • North America 
    • U.S.
    • Canada
  • Europe 
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Latin America 
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Saurabh Bidwai, a B.Tech Chemical Engineering graduate with 4+ years of experience, specializes in specialty chemicals, commodity chemicals, and engineered materials, offering valuable insights into market trends and emerging opportunities.

Learn more about Saurabh Bidwai

Aditi Shivarkar, with 14+ years in Chem and Materials market research, specializes in Chem and Materials. She ensures accurate, actionable insights, driving Towards Chem and Materials excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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