logo image
search icon
Green Fertilizer Market

Green Fertilizer Market Size, Share & Trends Analysis Report By Technology (Alkaline Water Electrolysis, Proton Exchange Membrane And Solid Oxide Electrolysis) And Fertilizers (Packaging, Ammonium Nitrate (AN) And Calcium Ammonium Nitrate (CAN)), By Region, And Segment Forecasts, 2023-2031

Report ID : 1570 | Published : 2023-03-03 | Pages: 180 | Format: PDF/EXCEL

The Global Green Fertilizer Market Size is valued at 2.01 billion in 2022 and is predicted to reach 3.25 billion by the year 2031 at an 5.64% CAGR during the forecast period for 2023-2031.

Green fertilizers are safer for humans, animals, and any other organisms that come into contact with them since they decompose rapidly and have no harmful impact on the surface or groundwater. These fertilizers have a lengthy shelf life, enhance soil, and increase soil's ability to retain nutrients and water. They are preferred for creating agricultural output free of residues since they are non-toxic, slow-releasing fertilizers that do not leave any residues in the food. As a result, factors including the growing need to boost agricultural output and knowledge of green fertilizer's advantages over chemical inputs also contribute to the market's rapid expansion. Growing organic farms, global acreage, and consumer demand for organic food due to its multiple health and fitness benefits are the main factors driving the market.

Green Fertilizer Market

Additionally, the overall market for these materials' suppliers is growing as a result of increased accessibility to animal and vegetable waste as well as advancements in the method used to produce green fertilizer. The market is further gaining momentum due to various factors including an increase in the area used for organic farming, improvements in the production of green fertilizer, a larger pool of potential customers, and rising demand from the organic food business.

On the other side, the market demand is struggling to reach its full potential due to high costs and continuous reliance on inorganic cultivation methods.

Recent Developments:

  • In Jan 2022, Hive Hydrogen will open South Africa's first green ammonia plant, ushering in a new era of hydrogen development that will position the country as a net hydrogen exporter. BuiltAfrica and Hive Energy from the United Kingdom are the primary development partners. Companies joined together to establish Hive Hydrogen South Africa - the development firm. 

Competitive Landscape:

Some of the major green fertilizer market players are:

  • Yara International ASA
  • Siemens Energy
  • Origin Energy Limited
  • Iberdrola, S.A.
  • HY2GEN AG
  • Hive Energy
  • Haldor Topsor A/S
  • H2U Technologies, Inc.
  • Fusion-Fuel
  • Fertiglobe
  • Eneus Energy Limited
  • Enaex Energy
  • Dyno Nobel
  • CF Industries Holdings, Inc.
  • Ballance Agri-Nutrients
  • Aker Clean Hydrogen
  • Air Products Inc.
  • ACME Group 

Market Segmentation:

The green fertilizer market is segmented based on technology and fertilizers. The market is segmented on technology such as alkaline water electrolysis, proton exchange membrane and solid oxide electrolysis. By fertilizers, the market is segmented into Packaging, Ammonium nitrate (AN) and Calcium ammonium nitrate (CAN).

Based On The Product, The Alkaline Water Electrolysis Segment Is A Major Contributor To The Green Fertilizer Market

The alkaline water electrolysis category will hold a major share of the global green fertilizer market in 2022. A process known as alkaline water electrolysis uses two poles and a liquid alkaline solution of potassium or sodium hydroxide. It is increasingly used in creating green ammonia due to the reduced cost of catalysis and improved gas purity. Alkaline water electrolysis provides improved durability due to an interchangeable electrolyte and less corrosion potential catalyst dissolution, predicted to fuel industry expansion. Comparing the total energy cost and energy requirements for the ammonia electrolytic and water electrolyzers at various hydrogen production rates reveals that the water electrolyzer requires up to 65% more energy and power overall than the ammonia electrolytic cell.

The Ammonium Nitrate Segment Witnessed Growth At A Rapid Rate

The ammonium nitrate segment is projected to grow rapidly in the global green fertilizer industry. As plants take ammonium (NH4 +) directly at modest rates, the demand for ammonium nitrate fertilizer will increase. The positively charged ion binds to plant nutrients and is less mobile than nitrate (NO3). As a result, plant roots must point toward nitrogen. The majority of the ammonium is converted to nitrate by soil bacteria. Temperature influences the nitrification process, which might take one to several weeks. Soil bacteria adsorb an additional portion of the ammonia and grade released it, increasing the amount of organic matter in the soil., especially in countries such as the US, Germany, the UK, China, and India.

In North America, The Green Fertilizer Market Holds A Significant Regional Revenue Share

The North American green fertilizer market is expected to register the highest market share in revenue soon. The demand for organic food increases along with per capita income, which fuels this region's organic fertilizer industry. Additionally, improvements in telecommunication technology have made it possible for customers to learn more about growth and wellness dynamics, strengthening this industry globally and in developing countries. In addition, Europe is projected to grow rapidly in the global market for Green Fertilizer. The expansion of the industry in the area has been aided by rising public and private investments, the incorporation of technology into farming operations, and government policies and programs to increase agricultural income.

Green Fertilizer Market Report Scope:

Report Attribute

Specifications

Market size value in 2022

USD 2.01 Bn

Revenue forecast in 2031

USD 3.25 Bn

Growth rate CAGR

CAGR of 5.64% from 2023 to 2031

Quantitative units

Representation of revenue in US$ Million, Volume (Tons) and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends

Segments covered

Technology And Fertilizers

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

Competitive Landscape

Yara International ASA, Siemens Energy, Origin Energy Limited, Iberdrola, S.A., HY2GEN AG, Hive Energy,, Haldor Topsor A/S, H2U Technologies, Inc., Fusion-Fuel, Fertiglobe, Eneus Energy Limited, Enaex Energy, Dyno Nobel, CF Industries Holdings, Inc., Ballance Agri-Nutrients, Aker, Clean Hydrogen, Air Products Inc.and ACME Group.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Green Fertilizer Market Snapshot

Chapter 4. Global Green Fertilizer Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Technology Type Estimates & Trend Analysis
5.1. by Technology Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (Tons) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technology Type:

5.2.1. Alkaline water electrolysis
5.2.2. Proton Exchange Membrane
5.2.3. Solid Oxide Electrolysis

Chapter 6. Market Segmentation 2: by Fertilizer Estimates & Trend Analysis
6.1. by Fertilizer & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (Tons) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Fertilizer:

6.2.1. Packaging
6.2.2. Ammonium nitrate (AN)
6.2.3. Calcium ammonium nitrate (CAN)

Chapter 7. Green Fertilizer Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Technology Type, 2023-2031
7.1.2. North America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Fertilizer, 2023-2031
7.1.3. North America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2023-2031

7.2. Europe

7.2.1. Europe Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Technology Type, 2023-2031
7.2.2. Europe Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Fertilizer, 2023-2031
7.2.3. Europe Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2023-2031

7.3. Asia Pacific

7.3.1. Asia Pacific Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Technology Type, 2023-2031
7.3.2. Asia Pacific Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Fertilizer, 2023-2031
7.3.3. Asia Pacific Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2023-2031

7.4. Latin America

7.4.1. Latin America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Technology Type, 2023-2031
7.4.2. Latin America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Fertilizer, 2023-2031
7.4.3. Latin America Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2023-2031

7.5. Middle East & Africa

7.5.1. Middle East & Africa Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Technology Type, 2023-2031
7.5.2. Middle East & Africa Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by Fertilizer, 2023-2031
7.5.3. Middle East & Africa Green Fertilizer Market Revenue (US$ Million) & Volume (Tons) Estimates and Forecasts by country, 2023-2031

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles


8.2.1. Yara International ASA
8.2.2. Siemens Energy
8.2.3. Origin Energy Limited
8.2.4. Iberdrola, S.A.
8.2.5. HY2GEN AG
8.2.6. Hive Energy
8.2.7. Haldor Topsor A/S
8.2.8. H2U Technologies, Inc.
8.2.9. Fusion-Fuel
8.2.10. Fertiglobe
8.2.11. Eneus Energy Limited
8.2.12. Enaex Energy
8.2.13. Dyno Nobel
8.2.14. CF Industries Holdings, Inc.
8.2.15. Ballance Agri-Nutrients
8.2.16. Aker Clean Hydrogen
8.2.17. Air Products Inc.
8.2.18. ACME Group
8.2.19. Other Prominent Players

Segmentation of Green Fertilizer Market-

Green Fertilizer Market By Technology:

  • Alkaline water electrolysis
  • Proton Exchange Membrane
  • Solid Oxide Electrolysis

Green Fertilizer Market

Green Fertilizer Market By Fertilizer:

  • Packaging
  • Ammonium nitrate (AN)
  • Calcium ammonium nitrate (CAN)

Green Fertilizer Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

user icon
office icon
mail icon
call icon

This website is secure, and we do not share your personal information with any third party. Privacy Policy

Need Customization
Need specific information/chapter from the report of the custom data table, graph or complete report? Tell us more.

Frequently Asked Questions

How big is the Green Fertilizer Market?

Green Fertilizer Market expected to grow at 5.64% CAGR during the forecast period for 2023-2031

Yara International ASA, Siemens Energy, Origin Energy Limited, Iberdrola, S.A., HY2GEN AG, Hive Energy,, Haldor Topsor A/S, H2U Technologies, Inc., Fu

Our Clients

  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo

Media Citations

  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo

Growth opportunities and latent adjacency in Chemicals and Materials

Select Licence Type
$4456
$7786
$10000
$1200
Get Your GTM Strategy

Navigate market entry with channel selection, launch strategy & timeline, and pricing model support.

Equip yourself with the insights needed to develop a winning go-to-market strategy

Get real-time updates and joint control over project direction with our collaborative approach