Fertilizers & Pesticides

Phosphate fertilizers: a market poised for expansion

The global phosphate fertilizer market is expected to grow upto US$84bn by 2031. (Image credit: Adobe Stock)

The phosphate fertilizers market is on a robust growth trajectory, anticipated to expand from US$57.5bn in 2024 to a significant US$84bn by 2031

This growth corresponds to a healthy compound annual growth rate (CAGR) of 5.6% during the forecast period from 2024 to 2031, according to the latest research. Phosphate fertilizers remain crucial for global agriculture, enhancing crop yields and soil fertility, thus playing a vital role in food security and sustainable farming practices worldwide.

Rising population levels, increasing food demand, and the need to improve agricultural productivity drive the expansion of phosphate fertilizer consumption. The market is segmented by product type, with single superphosphate (SSP) and triple superphosphate (TSP) being among the leading segments due to their efficiency and widespread adoption. Geographically, Asia Pacific dominates the market owing to extensive agricultural activities and supportive government policies encouraging fertilizer use.

The phosphate fertilizers market is pivotal in supporting global agriculture by providing essential nutrients that improve soil health and crop output. In 2024, the market value stood at US$57.5bn, expected to rise steadily to US$84bn by 2031, reflecting the growing need for sustainable and enhanced agricultural practices worldwide. The surge is driven largely by increased adoption in developing regions, where food production must keep pace with rising populations and changing dietary preferences.

Growth in the market is primarily fueled by the high demand from staple crops such as wheat, rice, and maize, which require phosphorus for optimal growth. Among different phosphate fertilizer types, single superphosphate holds a significant share due to its cost-effectiveness and suitability across diverse soil types. Regionally, the Asia Pacific market leads because of extensive farmland, large farming communities, and government incentives aimed at boosting fertilizer use to ensure food security and economic growth.

Partnerships to solidify Asia-Africa ties on soil health

Dr Stanford Blade highlighted ICRISAT's commitment to advancing research quality and services. (Image source: ICRISAT)

In an attempt to boost soil health technology and practices, ICRISAT is strengthening ties between Asia and Africa

The eighth Global Soil Laboratory Network (GLOSOLAN) meeting was held from 11-13 November at FAO Headquarters in Rome, during which Dr Pushpajeet Choudhari, soil scientist at ICRISAT and chair of the Asian Soil Laboratory Network (SEALNET), represented the organisation.

Building on its active membership in SEALNET, ICRISAT is set to align efforts with the African Soil Laboratory Network (AFRILAB) and NARS partners. Elh Moudi Moustapha Abdourahaman, GLOSOLAN chair, and Dr Choudhari discussed plans to bolster ICRISAT’s African soil laboratories, aligning them with the AFRILAB network to further strengthen regional soil health initiatives.

Registered in GLOSOLAN since 2019, ICRISAT’s Charles Renard Analytical Laboratory (CRAL) delivers high quality analytical service for farmers and other stakeholders. As a member of SEALNET, CRAL has been engaged in developing and harmonising analytical methods in compliance with FAO GLOSOLAN.

During the meeting, Dr Choudhari updated GLOSOLAN delegates on SEALNET’s progress, highlighting key outcomes from the eighth SEALNET meeting with a focus on knowledge-sharing and harmonising soil testing methods across the region.

"Our collaboration with FAO's Global Soil Laboratory Network marks a significant milestone in this effort. We are proud to contribute to this network, which is dedicated to strengthening regional and global soil laboratories in support of the global mission to improve soil health," said Dr Stanford Blade, Interim Director General and Deputy Director General-Research, ICRISAT, highlighting ICRISAT's commitment to advancing research quality and services.

Vlogger demonstrates critical role of potash in global food security

Egyptian vlogger Mohamed Jihad explores Arab Potash Company's (APC) expansive production facilities in Jordan

Located close to the Dead Sea, Jordan is a rich source of potassium salt, propelling the APC to become the eighth largest potash producer globally. In Jihad's video, he examines the company's facilities near the Dead Sea, checking out its cutting-edge R&D centre and observing the central control room that managed the intricate potash production process.

Potassium is an important nutrient which plays a vital role in plant growth. Therefore, potash fertiliser is commonly used to boost crop yields and enhance quality, thereby improving the overall health and productivity of crops. The video also highlights the project as being a successful joint venture by China and Jordan, demonstrating its success in building economic cooperation between the two countries.

Harnessing natural plant-bacteria relationships for sustainable agriculture

The team of researchers investigated the efficiency of plant-bacteria relationships. (Image source: University of Warwick)

Helping to promote the natural relationship between plants and bacteria could reduce reliance on environmentally damaging fertilisers, a study has found

Cinis Fertiliser signs agreement with BASF for deliveries of sodium sulphate

BASF’s deliveries will secure Cinis Fertilizer’s future growth and production of climate-friendly mineral fertilisers. (Image source: Cinis Fertilizer)

Cinis Fertiliser has signed a long-term agreement with BASF for deliveries of sodium sulphate

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