Complex Fertilizers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Incomplete Complex Fertilizers and Complete Complex Fertilizers), By Crop Type (Cereals, Oilseeds, Fruits & Vegetables and Others), By Form (Solid and Liquid), By Region and Competition, 2020-2030F

 Market Overview

Global Complex Fertilizers Market was valued at USD 52.82 billion in 2024 and is expected to reach USD 77.08 billion in the forecast period with a CAGR of 6.46% through 2030. Complex fertilizers are a versatile type of fertilizer that contain two or more essential plant nutrients, carefully formulated to cater to the specific needs of plants. These fertilizers offer a convenient solution by providing multiple nutrients in a single product, eliminating the hassle of using separate products for each nutrient. By offering a balanced combination of nutrients, complex fertilizers promote not only healthy and vigorous plant growth but also overall plant development. They ensure that plants receive a comprehensive range of essential nutrients in one application, leading to improved nutrient uptake, enhanced root development, and optimized plant metabolism. In addition to the primary macronutrient’s nitrogen, phosphorous, and potassium (commonly known as NPK), complex fertilizers can also incorporate micronutrients such as magnesium, sulfur, and iron. These micronutrients play crucial roles in various plant physiological processes, contributing to optimal plant health and vitality.

Moreover, complex fertilizers support efficient nutrient management, particularly in intensive farming systems where soil fertility must be carefully balanced. Their uniform nutrient composition reduces the risk of nutrient imbalances that can occur with single-nutrient applications, thus improving fertilizer use efficiency. This helps farmers optimize crop yields while minimizing input costs and environmental impact. In regions facing soil degradation or nutrient depletion, complex fertilizers play a critical role in replenishing essential elements, restoring soil health, and enhancing long-term productivity. Their ease of application and adaptability across various crop types—cereals, fruits, vegetables, and cash crops—further strengthen their position in modern agricultural practices.

The rising global demand for food, biofuels, and fiber is intensifying the need for high-performance fertilizers that support sustainable agriculture. Complex fertilizers align with this need by providing precision nutrition, improving crop resilience to biotic and abiotic stress, and enhancing harvest quality. Additionally, technological advancements in fertilizer formulation—such as controlled-release granules and water-soluble blends—are making complex fertilizers more effective and user-friendly. As governments and agribusinesses increasingly promote balanced fertilization and integrated nutrient management strategies, the adoption of complex fertilizers is expected to accelerate. Their role in improving both crop productivity and soil sustainability makes them vital in meeting the world’s growing agricultural demands.

Key Market Drivers

Rising Demand for Bio-Based & Micro-Nutrient Fertilizers

The growing emphasis on sustainable farming practices is significantly boosting the demand for bio-based and micro-nutrient-rich fertilizers. With environmental concerns over synthetic fertilizers on the rise, more farmers are adopting eco-friendly alternatives. Bio-based fertilizers, derived from renewable resources, support soil health and reduce chemical dependency. As of 2023, over 62 countries have incorporated sustainable nutrient use targets in their national agricultural policies, reflecting a global shift. Complex fertilizers, which include organic and micronutrient-enriched variants, align perfectly with this shift, offering a balanced, soil-friendly solution for enhancing long-term agricultural productivity.

Micro-nutrients such as zinc, boron, and manganese are essential for plant enzyme function, chlorophyll formation, and root development. However, their deficiency is widespread, particularly in developing regions. According to recent agricultural studies, nearly 50% of arable soils in Asia are deficient in zinc alone. This has spurred demand for micro-nutrient-enriched complex fertilizers, which provide complete nutrition in one application. Their uniform composition ensures precise nutrient delivery, reducing the risks of under- or over-application. As awareness about the role of micro-nutrients grows, farmers are increasingly adopting complex formulations to correct deficiencies and improve crop health and yields.

The surge in precision farming is also reshaping fertilizer application trends. Precision agriculture promotes site-specific crop management, requiring nutrient inputs to be tailored to individual field conditions. Complex fertilizers, especially those formulated with micronutrients, offer the flexibility needed to customize nutrient profiles based on soil tests and crop needs. Advances in digital agriculture tools, such as soil sensors and satellite imaging, are enabling farmers to optimize fertilizer use. As a result, complex fertilizers are becoming essential for supporting precision strategies aimed at maximizing both crop yield and environmental efficiency.

Additionally, government support for micronutrient application in agriculture is reinforcing the demand for such fertilizers. Many agricultural agencies now recommend or subsidize the use of complex fertilizers with micro-nutrient content to counter soil degradation and nutrient imbalances. For example, national programs promoting zinc and iron-enriched fertilizers in food crops are gaining momentum in Asia and Africa. Combined with the broader push for climate-smart agriculture and enhanced crop resilience, these developments highlight why bio-based and micro-nutrient complex fertilizers are at the forefront of global agricultural transformation.

Expanding Global Population & Food Requirements

The rapid increase in global population continues to place enormous pressure on agricultural systems. With the global population estimated to surpass 9.8 billion by 2050, food production must rise significantly to meet the growing demand. This requires increased productivity from limited arable land, making nutrient-rich solutions like complex fertilizers essential. These fertilizers, which combine nitrogen, phosphorus, potassium, and micronutrients in one application, support efficient nutrient delivery and soil fertility. According to the UN, global food production must increase by over 60% by 2050 to meet expected consumption levels, underscoring the critical need for yield-enhancing inputs.

Dietary shifts further intensify fertilizer demand. As economies develop, consumption patterns are moving toward protein-rich diets that rely heavily on grain-fed livestock. Producing grains like maize, soy, and wheat requires intensive nutrient input, increasing the demand for balanced fertilization. For instance, global per capita meat consumption rose to over 43 kilograms in 2023, indicating stronger grain requirements. Complex fertilizers support this demand by ensuring consistent nutrient availability throughout crop cycles, enabling farmers to maximize output without compromising soil health. This makes them indispensable in feeding both people and the animals that contribute to global food chains.

Furthermore, land scarcity is a growing concern. Urbanization, industrialization, and climate-related degradation are reducing the amount of arable land available for farming. As a result, the world must grow more food on fewer acres. Complex fertilizers offer a solution by increasing yield per hectare through efficient nutrient absorption and reduced nutrient loss. Their uniform nutrient distribution ensures plants receive what they need at each growth stage, enhancing plant health and reducing the risk of nutrient deficiency. In high-intensity farming systems, these fertilizers provide a reliable path toward sustainable intensification.

Technological advancements are also reshaping how fertilizers are applied. Innovations such as slow-release coatings and water-soluble blends improve nutrient use efficiency while minimizing environmental runoff. These developments align with growing global emphasis on climate-smart agriculture. In regions facing severe soil nutrient depletion, complex fertilizers—especially those enhanced with secondary nutrients and micronutrients—are being adopted as part of integrated soil fertility management programs. As food requirements grow, complex fertilizers stand out as vital tools to ensure food security and agricultural resilience globally.

Download Free Sample Report

Key Market Challenges

Unstable Raw Material Prices & Adoption of Organic Fertilizers

Unstable raw material prices and the rising preference for organic fertilizers are anticipated to dampen the global demand for complex fertilizers. The complex fertilizer industry heavily depends on raw materials like potash, phosphate, and nitrogen, whose prices fluctuate frequently due to factors such as trade restrictions, geopolitical tensions, and changes in currency value. Such instability in raw material costs directly affects the production cost of complex fertilizers, making them less affordable for farmers. Furthermore, the gradual shift towards organic farming is further expected to negatively impact the demand for these fertilizers. The adoption of organic fertilizers is being driven by increasing consumer awareness about the harmful effects of chemical fertilizers on human health and the environment. As a result, farmers globally are transitioning to organic fertilizers that improve soil fertility and crop yield, without posing risks to the environment. This shift towards organic farming practices is not only driven by consumer demand but also by government regulations and incentives promoting sustainable agriculture.

Moreover, the mounting environmental concerns and price instability in the complex fertilizer market pose significant challenges. Farmers are increasingly recognizing the importance of sustainable practices to mitigate the negative impacts of agriculture on the environment and human health. The need for environmentally-friendly solutions, coupled with the volatile prices of raw materials, is leading to a downward trend in the global demand for complex fertilizers. As the agriculture industry continues to evolve, there is a growing emphasis on finding alternative and sustainable fertilization methods that balance productivity and environmental impact.

Stringent Regulatory Policies

Strict regulatory policies globally are anticipated to decrease the demand for complex fertilizers. This reduction in demand is due to several factors. Regulatory bodies worldwide are imposing stricter guidelines on the manufacturing, usage, and disposal of complex fertilizers to limit their impact on the environment. These policies aim to control the levels of hazardous chemicals and heavy metals within the products, ensuring they do not exceed permissible limits. Consequently, this has increased the manufacturing costs, making complex fertilizers less appealing to farmers seeking cost-effective solutions for crop production. There is a growing emphasis on sustainable and organic farming practices, discouraging the use of chemical-based complex fertilizers. These practices align with global efforts towards environmental preservation and food safety, further diminishing the demand for complex fertilizers. Stringent regulations on the transport and storage of such fertilizers can also hamper their global market. Thus, stricter regulatory policies are expected to gradually reduce the global demand for complex fertilizers.

Key Market Trends

Increasing Developments & New Launches of Complex Fertilizers Market

The global complex fertilizers market is poised for robust growth and expansion due to increasing developments and new product launches. These advancements are primarily driven by the rising global demand for high-efficiency fertilizers, spurred by the escalating need to enhance crop yield and productivity. The gradual shift towards sustainable farming techniques has further fueled the need for complex fertilizers, which offer balanced nutrition to crops, thereby ensuring better quality and yield. With new players entering the market and existing ones focusing on innovation, a wide array of sophisticated complex fertilizers are being introduced. These newly launched products, often more efficient, environmentally friendly, and tailored to specific crop needs, are expected to significantly increase the demand for complex fertilizers globally. Moreover, the involvement of R&D in developing such fertilizers that cater to diverse soil conditions and crop types across different regions is also a contributing factor to the expected demand surge. As we move forward, the complex fertilizers market is predicted to witness substantial growth, riding on the back of these innovative developments and new product introductions.

Rapid Developments in Fruit & Vegetable Trades

The global fruit and vegetable trade sector is currently experiencing a rapid expansion, driven by the ever-increasing consumer demand for fresh and high-quality produce. This growth is not only a result of the rising population but also the shift towards healthier eating habits and the growing awareness of the benefits of consuming fruits and vegetables. As people become more health-conscious, there is a greater emphasis on incorporating nutrient-rich foods into their diets.

By providing crops with the right combination of nutrients, complex fertilizers not only enhance the overall productivity and yield but also contribute to the production of superior quality produce. This is particularly important in the international fruit and vegetable trades, where consumers have high expectations for fresh, flavorful, and visually appealing products. Moreover, the increasing adoption of precision farming techniques, such as soil testing and data-driven decision-making, further emphasizes the need for efficient nutrient management strategies. Complex fertilizers, with their tailored nutrient profiles, offer precise control over the nutrient supply to plants, ensuring optimal growth and minimizing waste. This not only benefits the farmers by maximizing their yields but also contributes to the overall sustainability of agricultural practices.

The global trend towards agricultural sustainability and food security also plays a significant role in driving the demand for complex fertilizers. As farmers strive to achieve higher crop yields without degrading soil health, the importance of using environmentally friendly and resource-efficient fertilizers becomes evident. Complex fertilizers, with their ability to deliver nutrients in a controlled and targeted manner, provide a sustainable solution that supports long-term soil fertility and minimizes the environmental impact. The combination of increasing consumer demand for fresh and high-quality produce, the growing pressure for sustainable farming practices, the rising adoption of precision farming techniques, and the global focus on agricultural sustainability and food security are all contributing to the surge in the global demand for complex fertilizers. As the fruit and vegetable trade sector continues to expand, it is crucial for farmers and producers to embrace these innovative fertilizers to meet the demands of consumers while ensuring long-term productivity and environmental stewardship.

Segmental Insights

Type Insights

Based on the type, in the year 2024, according to projections, the Complete Complex Fertilizers category was expected to dominate and exert its influence over the majority of the market. This dominance is primarily attributed to their extensive utilization in greenhouse applications, where their effectiveness is highly valued. These fertilizers have gained significant popularity and are sought-after by farmers and gardeners worldwide.

One remarkable example of a complete complex fertilizer is diammonium phosphate (DAP). DAP not only serves as a vital nutrient source for plants but also plays a significant role in enhancing their resilience against diseases and droughts. This dual functionality ensures the optimal growth and well-being of plants, making DAP a preferred choice for many agricultural and horticultural practices. With its ability to provide essential nutrients and bolster plants' ability to withstand challenging environmental conditions, complex fertilizers like DAP are playing a vital role in modern agriculture. By supporting plant health and growth, these fertilizers contribute to increased crop yields and overall agricultural productivity.

Crop Type Insights

Based on the Crop Type, Cereals, such as wheat, rice, and corn, are predicted to have the greatest market share and the fastest-growing compound annual growth rate (CAGR) over the projection period. The dominance of cereal crops in the market is attributed to their ability to yield high quantities of food and effectively address the issue of food shortages in emerging countries. This has led to a significant increase in demand for cereals, driven not only by their use in vegetable oil for biodiesel but also by their consumption as a staple food by millions of people worldwide. The consumption of cereals, particularly in emerging countries, is remarkably high, and as a result, cereal crops have gained popularity as lucrative cash crops for farmers in these regions. This growing trend highlights the importance and potential of cereals in sustaining food security and economic growth on a global scale.

Download Free Sample Report

Regional Insights

The Asia Pacific region was dominating the Global Complex Fertilizers Market, and this can be attributed to a multitude of factors. One of the significant factors is the high population density in the region, which leads to an increased demand for food production. As a result, there is a pressing need for efficient agricultural practices that can ensure optimal yield and crop quality. This is where complex fertilizers play a crucial role, as they provide the necessary nutrients and enhance soil fertility to support sustainable and productive farming. Furthermore, the growth of the Complex Fertilizers Market in the Asia Pacific region is also influenced by favorable government policies implemented in countries like India and China. These policies actively promote the utilization of complex fertilizers in agricultural practices to maximize crop output and ensure food security. Additionally, there has been a significant increase in the awareness and adoption of modern farming practices among farmers in the region. This shift towards more advanced and sustainable farming techniques has further contributed to the rising demand for complex fertilizers.

Recent Developments

• In May 2025, EuroChem has launched its Croplex fertilizer in Brazil, introducing a new granular formulation designed to enhance nutrient use efficiency for key crops like soybean, corn, and sugarcane. Croplex combines nitrogen, soluble phosphorus, and sulfur in a single granule to ensure even nutrient distribution. Locally produced, the fertilizer promotes stronger root development, improved grain formation, and better crop uniformity.
• In March 2024, EuroChem has unveiled a state-of-the-art phosphate fertilizer complex in Brazil, marking a major milestone in its local expansion. Strategically designed to optimize nutrient efficiency for crops such as sugarcane, corn, and soybeans, the facility integrates modern production technologies to deliver high-purity phosphate fertilizers. This initiative strengthens EuroChem’s presence in the Brazilian market and supports sustainable agriculture by improving crop performance and nutrient management.
• In May 2025, Jubilant Agri & Consumer Products Limited has introduced Ammonium Phosphate Sulphate (20:20:0:13) to its fertilizer lineup in India. This newly launched complex combines 20% nitrogen, 20% phosphorus, and 13% sulfur, offering a balanced nutrient solution that's well-suited to address common soil deficiencies. Designed to boost soil fertility and optimize crop performance, this addition strengthens the company’s agri-input portfolio and supports farmers with targeted fertilizer options tailored to Indian agricultural needs.
• In July 2025, Grupa Azoty has rolled out a brand‑new blended fertilizer, expanding its portfolio of customized nutrient solutions. This product combines essential macronutrients such as nitrogen and phosphorus, along with added micronutrients tailored for key crops. Designed for ease of application, it enhances nutrient uptake, supports healthier root development, and improves overall yield performance. Locally formulated for regional soil conditions, the launch underscores Grupa Azoty’s commitment to innovation and sustainable agriculture.

Key Market Players

• Agrium Inc.
• CF Industries Holdings, Inc
• Chambal Fertilisers & Chemicals Ltd
• Coromandel International Ltd.
• Deepak Fertilisers & Petrochemicals Corporation Ltd.
• Eurochem Group AG
• Haifa Chemicals Ltd.
• Helena Chemical Company
• ICL Group Ltd.
• Israel Chemicals Limited

In this report, the Global Complex Fertilizers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Complex Fertilizers Market, By Type:

o   Incomplete Complex Fertilizers

o   Complete Complex Fertilizers

• Complex Fertilizers Market, By Crop Type:

o   Cereals

o   Oilseeds

o   Fruits & Vegetables

o   Others

• Complex Fertilizers Market, By Form:

o   Solid

o   Liquid

• Complex Fertilizers Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Complex Fertilizers Market.

Available Customizations:

Global Complex Fertilizers market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Global Complex Fertilizers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]