Ferrous Sulfate Market, By Type (Monohydrate and Heptahydrate), By Application (Pharmaceutical, Water Treatment, Cement, Agricultural, Food & Animal Feed, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Global Ferrous Sulfate Market is estimated to be valued at USD 2.67 Bn in 2025 and is expected to reach USD 3.35 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 2.67 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
3.30%
2032 Value Projection:
USD 3.35 Bn
Figure. Ferrous Sulfate Market Share (%), By Region 2025
Ferrous sulfate is an inorganic compound with the formula FeSO4(H2O)x, where x can range from 0 to 7. It is used as a nutritional supplement because of its high iron content. It contains iron in a form that is readily available and easily absorbed by the body. Ferrous sulfate is commonly used to treat and prevent iron deficiency anemia. It is one of the primary compounds used in fertilizers for its ability to deliver iron to plants. Global ferrous sulfate market has been gaining momentum in recent times due to rising awareness about iron deficiency and the growth of the agriculture sector.
Market Dynamics:
Global ferrous sulfate market growth is driven by growing prevalence of iron-deficiency anemia across the world. Iron deficiency is one of the most common nutritional deficiencies worldwide, prominently affecting young children and women. According to the WHO, approximately 2 billion people suffer from iron deficiency globally. Ferrous sulfate supplements are extensively prescribed by doctors as an effective treatment for iron deficiency. The market is also witnessing opportunities due to increasing demand for iron-enriched crops from the agricultural industry. Ferrous sulfate acts as a micronutrient fertilizer that supplies iron to plants and improves their chlorophyll content as well as overall quality. However, factors such as side effects associated with excessive intake of ferrous sulfate like nausea, constipation can hamper the market growth. Stringent regulations pertaining to the use of ferrous sulfate in agricultural applications also pose challenges.
Key Features of the Study:
This report provides in-depth analysis of the global ferrous sulfate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ferrous sulfate market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Crown Technology, Inc., Venator Materials PLC, Verdesian Life Sciences, LLC, Rech Chemical Co. Ltd., Coogee Chemicals Pty Ltd., Chemland Group, Hong Yield Chemical Industrial Co., Ltd., Changsha Haolin Chemicals Co., Ltd., PJSC Sumykhimprom., Nilkanth Organics, Hemadri Chemicals, Ennore India Chemicals, Rishi Chemicals, Bhagwati Chemicals, Vinipul Inorganics India Pvt. Ltd., Meghachemi Industries, Shrinath Enterprises, Ottokemi, and Destiny Chemicals
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global ferrous sulfate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ferrous sulfate market
Detailed Segmentation-
Type:
Monohydrate
Heptahydrate
Application:
Pharmaceutical
Water Treatment
Cement
Agricultural
Food & Animal Feed
Others (Pigments, etc.)
Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Crown Technology, Inc.
Venator Materials PLC
Verdesian Life Sciences, LLC
Rech Chemical Co. Ltd.
Coogee Chemicals Pty Ltd.
Chemland Group
Hong Yield Chemical Industrial Co., Ltd.
Changsha Haolin Chemicals Co., Ltd.
PJSC Sumykhimprom.
Nilkanth Organics
Hemadri Chemicals
Ennore India Chemicals
Rishi Chemicals
Bhagwati Chemicals
Vinipul Inorganics India Pvt. Ltd.
Meghachemi Industries
Shrinath Enterprises
Ottokemi
Destiny Chemicals
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Ferrous Sulfate Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Ferrous Sulfate Market - COVID-19
Impact Analysis
5. Global Ferrous Sulfate Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Monohydrate
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Heptahydrate
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
6. Global Ferrous Sulfate Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Pharmaceutical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Water Treatment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Cement
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Agricultural
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Food & Animal Feed
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Others (Pigments, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
7. Global Ferrous Sulfate Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
North America
Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application , 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Sub-region, 2020 - 2032, (US$ Bn)