Europe Complex Fertilizers Market

Europe Complex Fertilizers Market Size (2024 to 2029)

Europe complex fertilizers market size is expected to reach USD 30.77 billion in 2024 and It is anticipated to reach USD 43.16 billion by 2029, growing at a CAGR of 7% from 2024 to 2029. It captures 16% of the global market share. 

The mixing of two or more of macro-nutrient type fertilizers produces compound fertilizers also known as complex fertilizers. Often, they are blended further with elements containing secondary or trace nutrients such as sulphur, calcium and magnesium.

Europe Complex Fertilizers Market Drivers And Restraints

Growing need for food security for the growing population, rising demand for oil seeds, advanced farming technologies which deliver safe and reliable application of complex fertilizers and the ease of application of complex fertilizers are the primary drivers of this market. This market represents a potential opportunity in the forecast period. Thus, several key players have invested heavily in augmenting their production capacities and producing various complex crop-specific fertilizers. Secondary factors contributing to the growth of this market include the need to increase productivity, fertilizer intensity gaps across regions, level yield, and growing awareness about soil profile and nutritional balance which is supported by the state. Paradigm shift towards organic food and non-food consumption is the major restraint of this market.

This research report on the Europe complex fertilizers market segmented and sub-segmented into the following categories.

Europe Complex Fertilizers Market Analysis By Type

• Incomplete (Diammonium phosphate
• Monoammonium phosphate
• Mono potassium phosphate
• Potassium nitrate and Others
• (Nitro phosphate and urea phosphate)) and Complete
• (NPK (10-26-26), NPK (12-32-16), NPK (15-15-15)
• Other NPK compounds

Europe Complex Fertilizers Market Analysis By Crop Type

• Cereals, Oilseeds
• Fruits & vegetables
• Others
• (Turf & ornamentals)
• Plantation crops
• Fiber crops
• Silage & forage crops

COUNTRY ANALYSIS

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

It is second to last in terms of market share. UK is the leading market in this region.

KEY PLAYERS IN THE EUROPE COMPLEX FERTILIZERS MARKET

Major companies in the Complex Fertilizers market are CF Industries Holdings Inc. (U.S.), Yara International ASA (Norway), The Mosaic Company (U.S.), EuroChem Group AG (Switzerland), Potash Corporation of Saskatchewan (Canada), PhosAgro (Russia), Agrium Inc. (Canada), Israel Chemicals Limited (Israel), Sociedad Química Y Minera De Chile (Chile), Haifa Chemicals Ltd., (Israel), Helena Chemical Company (U.S.), and Zuari Agro Chemicals Ltd (India).