United States Fertilizers Market Analysis
The United States Fertilizers Market size is estimated at 28.69 billion USDin 2024, and is expected to reach 38.08 billion USD by 2030,growing at a CAGR of 4.83% during the forecast period (2024-2030).
Field crops hold a major share of the US fertilizer market, as they accounted for 87.2% in 2022. The largest crop in the United States in terms of total production is corn, the majority of which grows in a region known as the Corn Belt.
The second largest crop grown in the United States is soybeans. Like corn, farmers primarily grow soybeans in the Midwestern states.
Turf and ornamental crops contribute to 10.3% of the US fertilizer market. The increased use of fertilizers in turf and ornamental plants in the United States is a common trend.
This trend is often driven by the desire for wellmanicured lawns, gardens, and landscapes. The market is expected to register a CAGR of 4.2% from 2023 to 2030.
Conventional fertilizers occupied a maximum share of 77.8% in 2022. Conventional fertilizers are often more cost-effective than other alternatives, making them a practical choice for large-scale agriculture and commercial landscaping.
Source: https://www.mordorintelligence.com/industry-reports/united-states-fertilizers-market