Overview of the India Fertilizer Market:
The India Fertilizer Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of India Fertilizer market 2030?
India Fertilizer Market size was valued at around USD 10.8 Billion in 2024 and is projected to reach USD 14 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the India Fertilizer market?
The report features prominent companies operating in the India Fertilizer market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in India Fertilizer market: IFFCO, National Fertilizers Limited, Coromandel International, Chambal Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Limited, Zuari Agro Chemicals, Madras Chemical Fertilizers Limited, Tata Chemicals Limited, Nagarjuna Fertilizers and Chemicals Ltd., Deepak Fertilisers, ICL Group Ltd. and Others
What is the key factor projected to fuel growth in the India Fertilizer Market between 2025 and 2030?
Government Initiatives to Expand Fertilizer Production – The Indian authority has undertaken several measures to promote domestic fertilizer production to reduce its imports and meet all consumption requirements. Among these measures, the new investment policy (NIP), stimulates investment in the urea sector. According to India’s new urea policy, six new urea plants have been established. Among these, four have been set up through joint ventures involving public sector agreements, while the remaining two have been established by private organizations. The government has also made 100% neem coating of subsidized agricultural Urea. It improves nutrient efficiency, enhances crop yield, and maintains soil health while preventing the diversion of urea for non-agricultural purposes.
Additionally, to support Indigenous fertilizers for agriculture, Potash Derived from Molasses (PDM), a fully domestically produced fertilizer, has been added under the Nutrient-Based Subsidy (NBS) scheme. Similarly, freight subsidies have been in place for Single Super Phosphate (SSP), since the Kharif season of 2022, to encourage its use as a phosphatic nutrient source. These have led to a significant rise in domestic fertilizer production. As per the fertilizer association in India, urea production increased from USD 13.8 million tons in 2021-22 to USD 15.7 million tons in 2022-23, thus indicating that government policies are effective in improving India’s manufacturing capabilities of fertilizers and this is expected to continue over the forecast period as well.
India Fertilizer Market – Segmentation Analysis
- By Product (Complex Fertilizers, Straight Fertilizers {Nitrogenous Fertilizers [Urea, Calcium Ammonium Nitrate, Ammonium Nitrate, Ammonium Sulfate, Anhydrous Ammonia, Others], Phosphatic Fertilizers [Mono-Ammonium Phosphate, Di-Ammonium Phosphate, Single Super Phosphate, Triple Super Phosphate, Others], Potash Fertilizers [Muriate of Potash, Sulfate of Potash], Secondary Macronutrient Fertilizers [Calcium Fertilizers, Magnesium Fertilizers, Sulfur Fertilizers], Micronutrient Fertilizers, [Zinc, Manganese, Copper, Iron, Boron, Molybdenum, Others]})
- By Type (Chemical Fertilizers, Bio Fertilizers)
- By Form (Dry, Liquid)
- By Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, Others
- By Application (Fertigation, Foliar, Banding, Drip Irrigation) and Others
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This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
Comprehensive Table of Contents – India Fertilizer Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: India Fertilizer Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of India Fertilizer Companies
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Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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