Single superphosphate (SSP) Market to Grow with a CAGR of 4.05% through 2030

Growing Demand of Single Superphosphate (SSP) in Agricultural Applications and Growing Horticulture and Floriculture Sectors are expected to drive the Global Single Superphosphate (SSP) Market growth in the forecast period, 2026-2030

According to TechSci Research report, “Single superphosphate (SSP) Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Single Superphosphate (SSP) Market stood at USD 3.25 Billion in 2024 and is anticipated to grow with a CAGR of 4.05% in the forecast period, 2026-2030.

Proactive governmental policies and targeted interventions have significantly contributed to creating favorable market conditions for the global Single Superphosphate (SSP) market. These initiatives are aimed at driving sustainable agricultural productivity through balanced nutrient application and ensuring widespread fertilizer accessibility. One key measure includes the formation of a specialized task force to promote the strategic integration of SSP with urea in a 3:1 ratio, a move designed to improve nutrient balance and enhance crop yields. This approach supports more effective phosphorus and nitrogen uptake, especially in regions suffering from soil nutrient depletion due to intensive farming practices.

Additionally, the implementation of financial support mechanisms such as the Urea Subsidy Scheme and the Nutrient-Based Subsidy (NBS) Scheme by the Department of Fertilizers has been instrumental in making SSP more affordable and accessible to farmers. These subsidies are structured to reduce the input cost burden on farmers while promoting the use of efficient, crop-specific fertilizers like SSP. The government has also prioritized the availability of SSP and other phosphatic and potassic (P&K) fertilizers through the streamlining of supply chains and the establishment of strategic collaborations with fertilizer manufacturers and distributors. These steps are aimed at improving last-mile delivery and ensuring a steady supply of fertilizers across rural and remote agricultural zones.

Ongoing investment in research and development has led to the adoption of advanced, innovative production technologies within the Single Superphosphate (SSP) fertilizer industry. These technologies are engineered to enhance manufacturing efficiency, reduce operational costs, and mitigate the environmental impact traditionally associated with SSP production. The integration of automation and digital process control systems has streamlined operations, ensuring consistent product quality and enabling manufacturers to meet rising global demand with greater agility.

Beyond manufacturing optimization, R&D efforts are also focused on the customization of SSP formulations based on specific crop and soil requirements. By leveraging agronomic research and field trials, producers are now able to develop crop-specific variants of SSP, enabling precise nutrient management. This level of formulation precision empowers farmers to address phosphorus and sulfur deficiencies more effectively, leading to enhanced crop health, increased yield, and improved farm profitability.

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Global Single Superphosphate (SSP) Market is segmented into type, application, regional distribution, and company

Based on its type, the boronated segment emerged as the dominant segment in the global market for Single Superphosphate (SSP) in 2024. Boronated SSP offers significant advantages over conventional SSP by addressing two major nutrient deficiencies simultaneously phosphorus and boron. While phosphorus is vital for root development and flowering, boron plays a critical role in cell wall formation, pollination, and fruit/seed development. This makes boronated SSP highly effective in improving crop quality and productivity, especially for crops like oilseeds, pulses, sugarcane, and fruits where boron is crucial for optimal yield.

Boron deficiency is prevalent in many agricultural regions across Asia Pacific, Latin America, and Sub-Saharan Africa. Continuous cultivation, intensive irrigation, and use of nitrogen- and phosphorus-rich fertilizers without micronutrient supplementation have exacerbated micronutrient depletion in soils. Boronated SSP directly addresses this issue, leading to improved crop health and making it a preferred choice among farmers and agronomists. Countries like India, Bangladesh, Brazil, and Indonesia are actively promoting boronated SSP through fertilizer subsidy programs, soil health management schemes, and farmer training initiatives. India, in particular, has a large number of SSP manufacturers that are increasingly producing boronated variants to cater to micronutrient-deficient regions, aligning with national soil health initiatives. These efforts have positioned boronated SSP as a mainstream solution for balanced fertilization in developing economies.

Based on region, North America is positioned to experience the fastest market growth in the global Single Superphosphate (SSP) market, driven by a combination of evolving agricultural practices, rising demand for nutrient-specific fertilizers, and increased focus on soil health and sustainability. Farmers across the U.S. and Canada are increasingly adopting balanced nutrient management practices, moving away from an overreliance on nitrogen-based fertilizers. With phosphorus and sulfur deficiencies becoming more prevalent in key agricultural regions, SSP has gained traction as an efficient dual-nutrient solution that aligns with evolving agronomic recommendations. The expansion of high-value crops such as soybeans, corn, vegetables, and fruits many of which are sensitive to phosphorus and sulfur levels has significantly increased the demand for crop-specific, cost-effective fertilizers like SSP. As precision agriculture gains momentum, SSP’s compatibility with targeted application strategies supports its rising usage in North American fields. North America benefits from highly mechanized agriculture and advanced distribution infrastructure, which facilitates the rapid adoption and seamless integration of SSP into mainstream fertilizer programs. Digital agronomy platforms and nutrient management tools are also helping farmers make data-driven decisions that favor SSP use for phosphorus-deficient soils.

Major companies operating in Global Single Superphosphate (SSP) Market are:

• The Mosaic Company
• Coromandel International Limited
• Gujarat Narmada Valley Fertilizers & Chemicals
• Madhya Bharat Agro Products Limited
• PCC Group
• Jubilant Industries Ltd
• Aarti Industries Ltd
• Yara International ASA
• Agrium Inc
• ICL Group Limited

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“The global Single Superphosphate (SSP) market is poised for sustained growth, driven by increasing demand for cost-effective and nutrient-specific fertilizers across both developed and emerging agricultural economies. Government-backed subsidy programs, technological advancements in production, and growing adoption of balanced fertilization practices are strengthening SSP’s role as a critical input in modern agriculture. As the focus shifts toward sustainable farming and crop-specific nutrient management, SSP is expected to play an integral part in enhancing soil health, improving crop yields, and supporting food security initiatives worldwide.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Single Superphosphate (SSP) Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Type (Zincated, Boronated), By Application (Agriculture, Horticulture, Animal Feed, Others), By Region, & Competition, 2020-2030F”, has evaluated the future growth potential of Global Single Superphosphate (SSP) Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Single Superphosphate (SSP) Market.

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