Global Phosphate Fertilizer Market Size, Trends, and Growth Opportunity, By Product Type (Monoammonium Phosphate, Diammonium Phosphate, Single Superphosphate, Triple Superphosphate, Others), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By Distribution Channel (Online, Offline), By Region and forecast till 2027.
Global Phosphate Fertilizer Market
The Global Phosphate Fertilizer Market was valued at USD 61.63 billion in 2021 and is expected to expand to USD 98.18 billion at a CAGR of 8.96 % during forecast period 2022-2027.
Phosphorus Fertilizers are the source of essential macronutrients to improve crop productivity.it is essential for healthy root development
Market Drivers
The rising population and decrease in arable land increase the demand for food and act as a major factor in driving the market.
Phosphate Fertilizer promotes root growth, improves crop quality, and plant maturity, and enhances stalk strength propelling the growth of the market. The increasing government support to improve crop yields accelerate the Global Phosphate Fertilizer market growth.
Market Restraints
Phosphate Fertilizer shows an adverse effect on human health and the environment and the limited availability of phosphate rock hinders the growth of the Phosphate Fertilizer market. additionally the rising awareness among customers regarding the use of phosphate and due to limited availability rising the cost of phosphate fertilizer anticipated the growth of the market. COVID-19 Impact on Global Phosphate Fertilizer Market
The outbreak of covid-19 adversely impacted the market as a lockdown is imposed by the government causing the shutdown of the manufacturing sector and disruption in the supply chain. decrease in the production of crops due to the unavailability of laborers also affect the growth of the Phosphate Fertilizer market during a pandemic.
Market Segmentation
The Global Phosphate Fertilizer market is segmented based on Product type, application, Distribution Channel, and region. Based on Product type, it is segmented into Monoammonium Phosphate, Diammonium Phosphate, Single Superphosphate, Triple Superphosphate, and Others. On the basis of application, it is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others. Based on the Distribution channel it is segmented into online, and offline. On the basis of region, it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The Global Phosphate Fertilizer Market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific dominates the market due to the growing agricultural industry and increasing demand for food products like rice and vegetables in this region. Europe also witnessed a significant rise in the Phosphate Fertilizer market.
Key Players
Various key players are listed in this report such as Eurochem Group AG, Agrium Inc, Potash Corp of Saskatchewan Inc, Yara International ASA, CF Industries Holdings Inc, Israel Chemicals Ltd, Coromandel International Ltd, The Mosaic Co, SAOCP, PJSC PhosAgro.
Market Taxonomy
By Product Type
Monoammonium Phosphate
Diammonium Phosphate
Single Superphosphate
Triple Superphosphate
Others
By Application
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
By Distribution Channel
Online
Offline
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in the Global Phosphate Fertilizer Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Phosphate Fertilizer Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Phosphate Fertilizer Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Phosphate Fertilizer Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Phosphate Fertilizer Market Share Analysis, By Product Type
5.3 Phosphate Fertilizer Market Size and Forecast, By Product Type
5.3.1 Monoammonium Phosphate
5.3.2 Diammonium Phosphate
5.3.3 Single Superphosphate
5.3.4 Triple Superphosphate
5.3.5 Others
6 Phosphate Fertilizer Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Phosphate Fertilizer Market Share Analysis, By Application
6.3 Phosphate Fertilizer Market Size and Forecast, By Application
6.3.1 Cereals & Grains
6.3.2 Oilseeds & Pulses
6.3.3 Fruits & Vegetables
6.3.4 Others
7 Phosphate Fertilizer Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Phosphate Fertilizer Market Share Analysis, By Distribution Channel
7.3 Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
7.3.1 Online
7.3.2 Offline
8 Phosphate Fertilizer Market, By Region
8.1 Phosphate Fertilizer Market Share Analysis, By Region
8.2 Phosphate Fertilizer Market Share Analysis, By Region
8.3 Phosphate Fertilizer Market Size and Forecast, By Region
9 North America Phosphate Fertilizer Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Phosphate Fertilizer Market Share Analysis, By Product Type
9.3 North America Phosphate Fertilizer Market Size and Forecast, By Application
9.4 North America Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
9.5 North America Phosphate Fertilizer Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Phosphate Fertilizer Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Phosphate Fertilizer Market Share Analysis, By Product Type
10.3 Europe Phosphate Fertilizer Market Size and Forecast, By Application
10.4 Europe Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
10.5 Europe Phosphate Fertilizer Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Phosphate Fertilizer Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Phosphate Fertilizer Market Share Analysis, By Product Type
11.3 Asia Pacific Phosphate Fertilizer Market Size and Forecast, By Application
11.4 Asia Pacific Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Phosphate Fertilizer Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Phosphate Fertilizer Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Phosphate Fertilizer Market Share Analysis, By Product Type
12.3 Latin America Phosphate Fertilizer Market Size and Forecast, By Application
12.4 Latin America Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
12.4 Latin America Phosphate Fertilizer Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Phosphate Fertilizer Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Phosphate Fertilizer Market Share Analysis, By Product Type
13.3 Middle East Phosphate Fertilizer Market Size and Forecast, By Application
13.4 Middle East Phosphate Fertilizer Market Size and Forecast, By Distribution Channel
13.5 Middle East Phosphate Fertilizer Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Eurochem Group AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Agrium Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Potash Corp of Saskatchewan Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Yara International ASA
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 CF Industries Holdings Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Israel Chemicals Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Coromandel International Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 The Mosaic Co
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 SAOCP
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 PJSC PhosAgro
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
