Specialty Fertilizer Market Size, Share, By Type (Ammonium Nitrate, UAN, Phosphoric Acid, Monoammonium Phosphate, Monopotassium Phosphate, Potassium Sulfate, and Others), Crop Type (Row Crops, Fruits & Vegetables, Turf & Ornamentals, and Others), Technology (Controlled-release Fertilizers, Micronutrients, Water Soluble Fertilizers, and Liquid Fertilizers), Application (Fertigation, Foliar, Soil, and Others), and Region - Trends, Analysis, and Forecast till 2035

Report Code: PMI245719 | Publish Date: May 2024 | No. of Pages: 169

Global Speciality Fertilizer Market Market Companies

Yara, Mosaic, and Nutrien Ag Solutions, Inc. are some of the major companies in the industry.  In order to propel the growth of the speciality fertiliser market, these major players are concentrating on product innovation and R&D, strategic alliances and collaborations, geographic expansion, sustainable practices and certifications, mergers and acquisitions, digital agriculture integration, and farmer education and advisory services.

List of Key Players in the Market:

  • Nutrien Ag Solutions, Inc.
  • Yara
  • Mosaic
  • OCI
  • CF Industries Holdings, Inc.
  • ICL
  • SQM S.A.
  • EuroChem Group
  • K+S Aktiengesellschaft
  • Hafia Negev Technologies LTD
  • COMPO EXPERT
  • SINOCHEM GROUP CO., LTD.
  • Grupa Azoty
  • Kugler Company
  • Verdesian Life Sciences

Recent News:

  • Water-soluble fertilizers, secondary and micronutrients, low-carbon fertilizers, organics, and organo-minerals are among the several sustainable and specialty fertilizer markets for which the world's first weekly prices have been released by Argus, a global energy and commodities price reporting service, in October 2024. The new service comes with a specific Nutrient Calculator that lets customers figure out how much customized specialty fertilizer products, such organic fertilizers, cost depending on the nutrients that make it up and other factors.
  • For almost USD 60 million, ICL purchased Custom Ag Formulators (CAF), a North American supplier of farmers' customized agro formulations and goods, in July 2024. Along with other specialty goods, CAF provides a range of liquid adjuvants and improved nutrition.  ICL's stated objective of pursuing acquisitions to broaden its Growing Solutions product lines and arrange the company for future growth in new and adjacent end-markets is furthered by its most recent purchase, the second of 2024.
  • Leading international specialty minerals manufacturer ICL announced the introduction of a new range of cutting-edge foliar and fertigation products in North America under its Nova brand of water-soluble fertilizers, in June 2023.  Nova FINISH, Nova PULSE, Nova ELEVATE, and Nova FLOW are examples of flagship goods.  This launch provided producers with cutting-edge foliar and fertigation solutions that address its particular concerns and strengthened focus on growing ICL's premium array of crop nutrition solutions.
  • Yara International declared that it will construct a new production facility for bio stimulants and specialty crop nutrition products with the goal of boosting yields and quality worldwide, in May 2023. The factory would rank among the biggest in the world for these goods, which are essential for both addressing climate change and ensuring food security. One of the fastest-growing agricultural areas, specialty crop nutrition, is where the new factory would enable Yara to expand its presence.
  • ICL, a prominent worldwide specialty minerals firm, introduced eqo.x, a revolutionary quickly biodegradable release technology intended for open field agriculture, marking the beginning of a new age in controlled release urea, in September 2022. This creative approach was made possible by a coating that would assist farmers increase nitrogen usage efficiency (NUE) by up to 80% and minimize environmental impact while optimizing agricultural crop performance.  Moreover, the release technique offers constant and predictable nutrient release, can assist in lowering the quantity and frequency of nitrogen treatments, and enabled higher or comparable yields with lower fertilizer rates.