United States Fertilizer Market is Booming with a CAGR of 4.73% by 2032

Written by Tushar Imarc  »  Updated on: October 27th, 2024

IMARC Group, a leading market research company, has recently releases report titled “United States Fertilizer Market Report by Product Type (Chemical Fertilizer, Biofertilizers), Product (Straight Fertilizers, Complex Fertilizers), Product Form (Dry, Liquid), Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the United States fertilizer market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the United States Fertilizer Market?

The United States fertilizer market size is projected to exhibit a growth rate (CAGR) of 4.73% during 2024-2032.

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United States Fertilizer Market Growth:

The expanding demand for higher agricultural productivity catering to the needs of the expanding population is one of the factors responsible for the growth of the United States fertilizer market. Additionally, the market is bolstering owing to the growing use of advanced agriculture technologies, which allow farmers to apply fertilizers more efficiently and effectively. Moreover, the rising awareness of the importance of soil health and balanced nutrient management is encouraging the use of specialty fertilizers, which support long-term soil fertility and crop yield enhancement.

United States Fertilizer Market Trends and Drivers:

Another key driver in the United States fertilizer market is the expanding organic farming sector, which is responding to consumer demand for organic produce and sustainable farming practices. In addition to this, organic fertilizers, derived from natural sources like compost, manure, and bone meal, are becoming increasingly popular as they enhance soil health without the adverse effects associated with synthetic fertilizers, thereby escalating the market. Support by government authorities and subsidies for sustainable and organic farming practices are also playing a crucial role in this shift.

Furthermore, the ongoing research and development in biotechnology and agronomy is leading to the introduction of innovative fertilizer products that improve nutrient uptake and crop resilience, which is acting as another growth-inducing factor. The need to address the challenges posed by climate change, such as soil degradation and water scarcity, is fueling the market towards more sustainable and efficient fertilizer solutions, which is anticipated to drive the United States fertilizer market over the forecasted period.

United States Fertilizer Market Segmentation:

Product Type Insights:

• Chemical Fertilizer

• Biofertilizers

Product Insights:

• Straight Fertilizers

o Nitrogenous Fertilizers

 Urea

 Calcium Ammonium Nitrate

 Ammonium Nitrate

 Ammonium Sulfate

 Anhydrous Ammonia

 Others

o Phosphatic Fertilizers

 Mono-Ammonium Phosphate (MAP)

 Di-Ammonium Phosphate (DAP)

 Single Super Phosphate (SSP)

 Triple Super Phosphate (TSP)

 Others

o Potash Fertilizers

 Muriate of Potash (MoP)

 Sulfate of Potash (SoP)

o Secondary Macronutrient Fertilizers

 Calcium Fertilizers

 Magnesium Fertilizers

 Sulfur Fertilizers

o Micronutrient Fertilizers

 Zinc

 Manganese

 Copper

 Iron

 Boron

 Molybdenum

 Others

• Complex Fertilizers

Product Form Insights:

• Dry

• Liquid

Crop Type Insights:

• Grains and Cereals

• Pulses and Oilseeds

• Fruits and Vegetables

• Flowers and Ornamentals

• Others

Regional Insights:

• Northeast

• Midwest

• South

• West

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=19951&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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