COMPLEX FERTILIZERS MARKET ANALYSIS

Complex Fertilizers Market Size and Trends

The complex fertilizers market is estimated to be valued at USD 41.16 Bn in 2025 and is expected to reach USD 61.94 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.0% from 2025 to 2032.

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Complex fertilizers are gaining more popularity compared to simple fertilizers due to rising need for balanced nutrition. The blends of macro and micro nutrients in a single unit help plants access all required nutrients at once. The complex fertilizers market is expected to witness positive growth over the forecast period. The growth can be attributed to the shifting preference of farmers towards complex fertilizers to maximize yield. As environmental norms are getting stricter, the demand for eco-friendly fertilizers like complex fertilizers is increasing. Development of organic complexes suitable for crops like fruits and vegetables will further support the market expansion during the projected timeline.

Rising demand for high crop yield

The growing global population has put immense pressure on the agricultural sector to increase food production manifolds. With arable land being limited due to increasing urbanization, the focus has shifted to boosting crop yields from the existing cultivated areas. Complex fertilizers play a vital role in this regard as they deliver balanced nutrition required by crops to boost yields. Containing two or three essential nutrients needed by plants such as nitrogen, phosphorus, and potassium, complex fertilizers ensure comprehensive nourishment. This helps in optimizing photosynthesis, strengthening plant structure, and improving resistance to diseases and environmental stresses. As a result, crop yields witnessed significant enhancement when complex fertilizers are applied as compared to single nutrient fertilizers. According to data by downtoearth organization, food demand projected to increase by over 50% by 2050, boosting yields through customized fertilizer solutions has become imperative. This growing need for high crop productivity is a major driver propelling the demand for complex fertilizers across key farming regions globally.