Global Nano Fertilizers Market

Global Nano Fertilizers Market Size, Share, Growth Analysis, By Raw material(Carbon based nano fertilizer and Nitrogen based nano fertilizers), By Application(Cereals & grains, Oil seeds and pulses) - Industry Forecast 2023-2030


Report ID: SQMIG15C2030 | Region: Global | Published Date: July, 2023 | Pages: 157 | Tables: 61 | Figures: 75

Global Nano Fertilizers Market Insights

Global Nano Fertilizers Market size was valued at USD 2.7 billion in 2021 and is poised to grow from USD 3.1 billion in 2022 to USD 9.35 billion by 2030, growing at a CAGR of 14.8% in the forecast period (2023-2030).

Nano fertilizers have an advantage in nutrition management due to their ability to improve their nutrient utilization efficiency. Also, nano fertilizers may be utilized to increase resistance to abiotic stress, and when nano fertilizers are combined with microorganisms, these nano bio fertilizers give additional advantages. The agricultural industry is one of the fastest expanding industries in the world, running smoothly and efficiently. The demand for fertilizers is growing due to the toxicity of the environment increases. Toxins in the soil, water, and air reduce agricultural productivity, limit plant growth, and cause toxin build up in fruits and vegetables. So, the demand for nano fertilizers is growing worldwide. Chemical fertilizers cause leaching, eutrophication, pollution, and persistent impacts on crops. The need to shift from chemical fertilizers to nano-fertilizers is helping the growth of global market.

US Nano Fertilizers Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 2.7 billion

Largest Segment

Nitrogen based nano fertilizers

Fastest Growth

Nitrogen based nano fertilizers

Growth Rate

14.8% CAGR

Global nano fertilizers market, 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
Global nano fertilizers market size by raw material, 2022-2030 ($ Bn)
Global nano fertilizers market size by raw material, 2022-2030 (%)

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Global Nano Fertilizers Market Segmental Analysis

Nano-fertilizer Market is segmented on the basis of raw material, application, and region. On the basis of raw materials, global Nano-fertilizer Market is segmented into, carbon based nano fertilizer and nitrogen based nano fertilizers. On the basis of application, global Nano-fertilizer Market is segmented into cereals & grains, oil seeds and pulses and fruit and vegetable. On the basis of region, global Nano-fertilizer Market is divided into North America, Europe, Asia Pacific,Latin America, and MEA.

Nano-fertilizer Market Analysis by Raw Material

On the basis of raw materials, global nano fertilizer market is segmented into, carbon based nano fertilizer and nitrogen based nano fertilizers. Nitrogen-based nano fertilizers dominated the global market in 2021 and have expected to grow at the fastest CAGR during the forecast period. This segment grows fast because nitrogen-based fertilizers are cost-effective. Also, the fertilizer remains easily accessible to farmers and provides rich nutrition to various crops. Additionally, crop growth often responds positively to soil nitrogen. Thus, it plays an important role in plant development and reproduction.

Carbon-based nano fertilizer segment is also expected to grow at a significant CAGR during the forecast period. Because of their stable molecular organization, low toxicity, and uniform dispersion, they are good fertilizer transporters. Also, they are used as light converters for supplementing the photosynthesis of plants.

Nano-fertilizer Market Analysis by Application

On the basis of application, global nano fertilizer market is segmented into cereals & grains, oil seeds and pulses and fruit and vegetable. Cereals & grains in the application segment dominated global market with a revenue share of over 40% in 20221. This is due to the increasing demand for grains and cereals such as maize, wheat, and rice.

Oil seeds and pulses held the second position in the application segment during the forecast period. This segment increases rapidly due to the daily household requirement of pulses and oilseeds. This requirement remains fulfilling the need for vitamins, proteins, and minerals in the human body.

Global nano fertilizers market size by raw material, 2022 (%), 2021 (%)

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Global Nano Fertilizers Market Regional Insights

On the basis of region, global nano fertilizer market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the market in 2022 with a revenue share of over 34%. This is due to the increasing demand for high-yield crops in the countries such as the U.S., Canada, and Mexico. To increase the yield of crops, countries like the US have shifted from conventional fertilizer use to nano fertilizers. Also, research and technological advancement in the field is supporting the future growth of global nano fertilizers market during the forecast period.

Asia Pacific has a major contributor to the global food chain. It has accounted for 19% of total agriculture and food exports worldwide. This is due to the presence of emerging economies such as India, China, and Indonesia. The rise of India and China as the global leading producers of rice, wheat, cotton, and tea remains a major driver of growth in the region. This has led to an urgent need in the region to increase productivity. Also, sustainability drives to meet the rising food demand of the region in turn driving the demand for nano fertilizers in the region.

Global nano fertilizers market by geography, 2022-2030, 2023-2030
  • Largest
  • Fastest

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Global Nano Fertilizers Market Dynamics

Nano-fertilizer Market Driver

Requirement for more production of crops due to increasing population 

The need for food increases along with the growing population. The most fundamental reason is the need for an approach to increase agricultural productivity. In agriculture, nano-products such as nano-fertilizers and nano-pesticides attempt to reduce nutrient loss in fertilizers, reduce chemical spread, and increase yields through pesticide and nutrient control. So, new nanotools in agriculture can help to advance nanotechnology. This all factor drives the growth of global nano fertilizer market.

Capacity to replace chemical fertilizers

  • Chemical fertilizers cause leaching, eutrophication, pollution, and persistent impacts on crops. The need to shift from chemical fertilizers to nano-fertilizers is helping the growth of Global Nano Fertilizers Market. Nano fertilizers have a capacity to replace chemical fertilizers because nano fertilizers are inexpensive and used in small quantities. Due to all these advantages of nano fertilizers over chemical fertilizers, the global nano fertilizers market is growing rapidly.

Nano-fertilizer Market Restraint

Poor quality of the products

  • The low quality of the nano fertilizers products limits market expansion. Sometimes, the yield provided is less than expected, and the yield required for fertilization is unable to complete the nitrogen fixation process. So, this factor hampers global nano fertilizer market growth.

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Global Nano Fertilizers Market Competitive Landscape

Global nano fertilizer market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global nano fertilizer market.

Nano-fertilizer Market Top Player's Company Profiles

  • Haifa Chemicals Ltd.
  • Agrium Inc.
  • Yara International ASA
  • The Mosaic Company
  • Israel Chemicals Ltd.
  • SQM S.A.
  • K+S AG
  • The Potash Corporation of Saskatchewan Inc.
  • Coromandel International Limited
  • ICL Specialty Fertilizers
  • EuroChem Group AG
  • Gujarat State Fertilizers & Chemicals Limited
  • Deepak Fertilisers and Petrochemicals Corporation Ltd.
  • Rashtriya Chemicals & Fertilizers Limited
  • Fertiberia S.A.
  • Kribhco Fertilizers Limited
  • Sinofert Holdings Limited
  • Compo Expert GmbH
  • The Scotts Miracle-Gro Company
  • Kingenta Ecological Engineering Group Co., Ltd.

Nano-fertilizer Market Recent Developments

  • In June 2022, in response to structural changes in the global energy, agricultural, and fertilizer sectors, Nutrien announced today intentions to boost fertilizer production capabilities.
  • In 2022, the CP Group with Charoen Pokphand Foods Public Company Limited will launch the CPF Grow-Share-Protect Mangrove Forestation Project in Trat province, encompassing an area of 1,300 rai. The goals are to increase biodiversity, conserve animal and marine life in the region, stimulate the local economy, and, as a result, raise the standard of living for the populations that surround the mangrove areas.
  • In September 2019, the U.S. Department of Agriculture announced to the funding of US$ 72.4 million to the Specialty Crop Block Grant Program for improving the yield of fruits, vegetables, tree nuts, and nursery crops. This is anticipated to increase the demand for nano fertilizers.

Global Nano Fertilizers Key Market Trends

  • Nano fertilizer remain preferred choice among the consumers due to the increases crop productivity, fulfil food requirement of global population. Use of nano fertilizers minimizes the use of chemical fertilizers by 80-100 times which reduce imports of chemical fertilizers which are harmful to environment.
  • Increasing demand for nano fertilizers from agriculture industry and supportive government police promote modern agricultural techniques.

Global Nano Fertilizers Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.

According to our global nano fertilizers market analysis, nitrogen-based nano fertilizers segment accounted for over 25% of revenue share in 2022 and have expected to grow at the fastest CAGR during the forecast period. By region, North America dominated the market in 2022. This is due to the increasing demand for high-yield crops and research and technological advancement in the field is supporting the growth of global maket. Requirement for more production of crops due to increasing population worldwide drives the market growth.

Report Metric Details
Market size value in 2021 USD 2.7 billion
Market size value in 2030 USD 9.35 billion
Growth Rate 14.8%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Raw material
    • Carbon based nano fertilizer and Nitrogen based nano fertilizers
  • Application
    • Cereals & grains, Oil seeds and pulses, Fruit and vegetable
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Haifa Chemicals Ltd.
  • Agrium Inc.
  • Yara International ASA
  • The Mosaic Company
  • Israel Chemicals Ltd.
  • SQM S.A.
  • K+S AG
  • The Potash Corporation of Saskatchewan Inc.
  • Coromandel International Limited
  • ICL Specialty Fertilizers
  • EuroChem Group AG
  • Gujarat State Fertilizers & Chemicals Limited
  • Deepak Fertilisers and Petrochemicals Corporation Ltd.
  • Rashtriya Chemicals & Fertilizers Limited
  • Fertiberia S.A.
  • Kribhco Fertilizers Limited
  • Sinofert Holdings Limited
  • Compo Expert GmbH
  • The Scotts Miracle-Gro Company
  • Kingenta Ecological Engineering Group Co., Ltd.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Nano Fertilizers Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Nano Fertilizers Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Nano Fertilizers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Nano Fertilizers Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Nano Fertilizers Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Nano Fertilizers Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global Nano Fertilizers Market size was valued at USD 2.7 billion in 2021 and is poised to grow from USD 3.1 billion in 2022 to USD 9.35 billion by 2030, growing at a CAGR of 14.8% in the forecast period (2023-2030).

Global nano fertilizer market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global nano fertilizer market. 'Haifa Chemicals Ltd.', 'Agrium Inc.', 'Yara International ASA', 'The Mosaic Company', 'Israel Chemicals Ltd.', 'SQM S.A.', 'K+S AG', 'The Potash Corporation of Saskatchewan Inc.', 'Coromandel International Limited', 'ICL Specialty Fertilizers', 'EuroChem Group AG', 'Gujarat State Fertilizers & Chemicals Limited', 'Deepak Fertilisers and Petrochemicals Corporation Ltd.', 'Rashtriya Chemicals & Fertilizers Limited', 'Fertiberia S.A.', 'Kribhco Fertilizers Limited', 'Sinofert Holdings Limited', 'Compo Expert GmbH', 'The Scotts Miracle-Gro Company', 'Kingenta Ecological Engineering Group Co., Ltd.'

Chemical fertilizers cause leaching, eutrophication, pollution, and persistent impacts on crops. The need to shift from chemical fertilizers to nano-fertilizers is helping the growth of Global Nano Fertilizers Market. Nano fertilizers have a capacity to replace chemical fertilizers because nano fertilizers are inexpensive and used in small quantities. Due to all these advantages of nano fertilizers over chemical fertilizers, the global nano fertilizers market is growing rapidly.

Nano fertilizer remain preferred choice among the consumers due to the increases crop productivity, fulfil food requirement of global population. Use of nano fertilizers minimizes the use of chemical fertilizers by 80-100 times which reduce imports of chemical fertilizers which are harmful to environment.

On the basis of region, global nano fertilizer market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the market in 2022 with a revenue share of over 34%. This is due to the increasing demand for high-yield crops in the countries such as the U.S., Canada, and Mexico. To increase the yield of crops, countries like the US have shifted from conventional fertilizer use to nano fertilizers. Also, research and technological advancement in the field is supporting the future growth of global nano fertilizers market during the forecast period.

Global Nano Fertilizers Market size was valued at USD 2.7 billion in 2021 and is poised to grow from USD 3.1 billion in 2022 to USD 9.35 billion by 2030, growing at a CAGR of 14.8% in the forecast period (2023-2030).

Global nano fertilizer market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global nano fertilizer market. 'Haifa Chemicals Ltd.', 'Agrium Inc.', 'Yara International ASA', 'The Mosaic Company', 'Israel Chemicals Ltd.', 'SQM S.A.', 'K+S AG', 'The Potash Corporation of Saskatchewan Inc.', 'Coromandel International Limited', 'ICL Specialty Fertilizers', 'EuroChem Group AG', 'Gujarat State Fertilizers & Chemicals Limited', 'Deepak Fertilisers and Petrochemicals Corporation Ltd.', 'Rashtriya Chemicals & Fertilizers Limited', 'Fertiberia S.A.', 'Kribhco Fertilizers Limited', 'Sinofert Holdings Limited', 'Compo Expert GmbH', 'The Scotts Miracle-Gro Company', 'Kingenta Ecological Engineering Group Co., Ltd.'

Chemical fertilizers cause leaching, eutrophication, pollution, and persistent impacts on crops. The need to shift from chemical fertilizers to nano-fertilizers is helping the growth of Global Nano Fertilizers Market. Nano fertilizers have a capacity to replace chemical fertilizers because nano fertilizers are inexpensive and used in small quantities. Due to all these advantages of nano fertilizers over chemical fertilizers, the global nano fertilizers market is growing rapidly.

Nano fertilizer remain preferred choice among the consumers due to the increases crop productivity, fulfil food requirement of global population. Use of nano fertilizers minimizes the use of chemical fertilizers by 80-100 times which reduce imports of chemical fertilizers which are harmful to environment.

On the basis of region, global nano fertilizer market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the market in 2022 with a revenue share of over 34%. This is due to the increasing demand for high-yield crops in the countries such as the U.S., Canada, and Mexico. To increase the yield of crops, countries like the US have shifted from conventional fertilizer use to nano fertilizers. Also, research and technological advancement in the field is supporting the future growth of global nano fertilizers market during the forecast period.

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Global Nano Fertilizers Market

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