# Outlook for the Global Fertilizer Market | GEP

> A GEP outlook projects the global fertilizer market to grow at a 3-5% CAGR over 2018-2024, driven by rising food demand. North America holds the largest revenue share at 50-55%, with nitrogen making up 55-60% of the market. The report also notes that global ammonia, phosphoric acid and potash supply of about 270 million tons sits below capacity of 310-315 million tons.

- Date: 2018-12-12 · published 2018-12-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61514-outlook-for-the-global-fertilizer-market-gep
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A steady long-term growth outlook with supply running below capacity offers mild support for fertilizer prices, though the article gives no near-term price move. Feed buyers face little immediate effect.

## Read by commodity

- DAP: neutral
- UREA: neutral
- POTASH: neutral

## Sources

- gep.com: https://www.gep.com/blog/mind/outlook-for-the-global-fertilizer-market

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.