The European Phosphatic Fertilizers Market is estimated to grow at CAGR of 1.4 %, in the period of 2014 to 2019. Phosphorus is the 11th most abundant element in the earth’s crust. However, the soil from which plants obtain phosphorus contains only small amounts of it. There is no other substitute for phosphorus in agriculture. If soils are deficient in phosphorus, food production is restricted, unless the nutrient is added in the form of fertilizers. Hence, to increase food production, an adequate amount of phosphorus is required.

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Commercial phosphate fertilizers are manufactured using phosphate rock. Approximately two- third of the world phosphate resources are derived from sedimentary and marine phosphate rock deposits. About 90% of the global phosphate rock demand is used to produce food. Phosphorus is scarce and phosphate rock is a non-renewable resource. Market forces and political regulations can have a profound impact on the availability of Phosphatic fertilizers.

European Phosphatic Fertilizers Market is dominated by Spain, followed by Germany and France. There is a considerable increase in meat consumption in European countries along with other products. The altered dietary pattern of the population includes meat consumption in good amount. The increase in meat production directly affects the increase in demand of corn and other agricultural commodities which is necessary to make animal feed. This increases the demand for phosphate fertilizers.

The European Phosphatic Fertilizers market is competitive market, with firms such as PhosAgro (Russia), Yara International ASA (Norway), EuroChem (Russia), Agrium Inc. (Canada), Israel Chemical Ltd. (Israel) and Office Cherifien Des Phosphates (OCP) (Morocco) among others, which are expanding their market share in Europe region. To gain the market share these companies are adapting numours market strategies including innovative product development, partnerships, mergers and acquisions and exoansion of exiting facilities. Apart from these companies there are large numbers of small firms present in European Market.