The fertilizers market is estimated at USD 230.10 billion in 2025 and is projected to reach USD 281.56 billion by 2030, at a CAGR of 4.1% from 2025 to 2030, according to a report published by MarketsandMarkets™. The fertilizers market is driven by increasing global food demand, declining arable land, degrading soil quality, and increase in adoption of biofertilizers. Government policies and subsidies in Favor of the use of fertilizers, especially in India, China, and the US, also contribute towards market growth. Also, developments in precision agriculture, controlled-release fertilizers, and biofertilizers are enhancing nutrient efficiency and sustainability. Increased awareness of soil health management and environmental issues is also influencing the market, and thus more eco-friendly and high-efficiency fertilizers are being adopted.