India Nitrogenous Fertilizers Market (2024-2030) | Trends, Size, Share, Segmentation, Growth, Value, Revenue, Analysis, Industry & Outlook

Market Forecast By Product (Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate (CAN), Others), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others) And Competitive Landscape

Product Code: ETC025304 Publication Date: Aug 2023 Updated Date: Oct 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Nitrogenous Fertilizers Market Competition 2023

India Nitrogenous Fertilizers market currently, in 2023, has witnessed an HHI of 8222, Which has increased substantially as compared to the HHI of 5048 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Nitrogenous Fertilizers Market Competition 2023

India Export Potential Assessment For Nitrogenous Fertilizers Market (Values in USD Thousand)


topic

India Nitrogenous Fertilizers Market Highlights

Report Name India Nitrogenous Fertilizers Market
Forecast period 2024-2030
CAGR 15%
Growing Sector Agriculture

Topics Covered in the India Nitrogenous Fertilizers Market Report

India Nitrogenous Fertilizers Market report thoroughly covers the by product and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Nitrogenous Fertilizers Market Synopsis

The India Nitrogenous Fertilizers Market plays a crucial role in the country's agricultural sector, supporting food security and economic growth. With India's large agricultural base and growing population, the demand for nitrogenous fertilizers has been steadily increasing. Key trends include government subsidies, efforts to improve domestic production, and a shift towards balanced fertilizer use. The market is driven by the need to enhance crop yields and support the livelihoods of millions of farmers.

According to 6Wresearch, The India Nitrogenous Fertilizers Market size is expected to grow at a significant CAGR of 15% during the forecast period 2024-2030. The growth of India's nitrogenous fertilizers market is propelled by several key factors. Government policies, including subsidies and support for domestic production, play a crucial role in market expansion. The increasing adoption of modern agricultural practices and high-yielding crop varieties necessitates higher fertilizer usage. Rising food demand due to population growth and changing dietary patterns further drives market growth. Technological advancements in fertilizer production and application methods, along with efforts to improve soil health and crop productivity, contribute to increased demand. Additionally, the push for self-sufficiency in food production and the expansion of irrigated land area are significant drivers of India Nitrogenous Fertilizers Market growth.

Despite its growth potential, the India Nitrogenous Fertilizers market faces several challenges. Environmental concerns related to nitrogen runoff and soil degradation due to overuse of urea are significant issues. The heavy reliance on imports for raw materials and finished products makes the market vulnerable to global price fluctuations and supply disruptions. Inefficiencies in the distribution system and subsidy structure can lead to delayed availability and misuse of fertilizers. The need for farmer education on balanced nutrient management and optimal fertilizer use remains a challenge. Additionally, the sector faces pressure to reduce its carbon footprint and adopt more sustainable production and application practices.

India Nitrogenous Fertilizers Market Trends

A key trend in the India Nitrogenous Fertilizers market is the growing adoption of precision agriculture technologies. Companies are integrating digital platforms, soil testing services, and data analytics to optimize fertilizer usage. These innovations enable farmers to precisely assess nutrient needs, resulting in efficient fertilizer use and higher crop yields. Mobile apps and AI-driven recommendations are becoming essential tools, providing real-time insights for fertilizer application and crop management. Another notable trend is the shift toward sustainable, eco-friendly fertilizers. In response to concerns about soil health and environmental impact, there is increasing interest in slow-release and controlled-release fertilizers.

Investment Opportunities in the India Nitrogenous Fertilizers Market

The digital agriculture sector presents significant investment opportunities in Indiaโ€™s Nitrogenous Fertilizers market. There's growing potential in implementing precision farming technologies, including soil testing infrastructure, mobile apps for fertilizer recommendations, and digital platforms connecting farmers with suppliers. The integration of IoT and AI in fertilizer management systems opens avenues for investors. Another key area for investment is upgrading domestic fertilizer production capacity, with opportunities in energy-efficient urea plants and specialty fertilizers, as India aims to reduce import dependency.

Leading Players of the India Nitrogenous Fertilizers Market

Key players in the India Nitrogenous Fertilizers market include both public and private sector companies. Major public sector entities like National Fertilizers Limited (NFL) and Rashtriya Chemicals and Fertilizers Limited (RCF) play significant roles in production and distribution. Private sector giants such as Tata Chemicals, Coromandel International, and Chambal Fertilisers and Chemicals Limited are also major contributors to the market. International companies like Yara International have established a presence in India, bringing global expertise and technologies.

Government Regulations Introduced in the India Nitrogenous Fertilizers Market

The Indian government has implemented several initiatives to support the nitrogenous fertilizers market and promote sustainable agriculture. The Nutrient Based Subsidy (NBS) scheme aims to promote balanced fertilization and reduce overuse of urea. The New Urea Policy (NUP) 2015 focuses on enhancing domestic urea production and improving energy efficiency in urea plants. The Soil Health Card Scheme provides farmers with information on soil nutrient status and fertilizer recommendations. The government's "Make in India" initiative encourages domestic production of fertilizers to reduce import dependence. Additionally, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme provides income support to farmers, indirectly supporting fertilizer purchases. These policies aim to ensure food security, improve soil health, and enhance farmers' incomes.

Future Insights of the India Nitrogenous Fertilizers Market

The India Nitrogenous Fertilizers industry future looks promising, with continued growth expected driven by agricultural modernization and increasing food demand. The market is likely to see increased adoption of precision agriculture technologies and specialized fertilizer products. There's potential for growth in bio-based and organic nitrogenous fertilizers, catering to the rising demand for sustainable agricultural practices. The push towards self-sufficiency in fertilizer production is expected to drive investments in domestic manufacturing capabilities.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Urea to Dominate the Market - By Productย 

According to Nitesh, Research Manager, 6wresearch, Urea is the dominant and fastest-growing product in India's nitrogenous fertilizers market. As of 2024, Urea continues to be the most widely used nitrogenous fertilizer, with the market driven by its affordability and high nitrogen content, essential for increasing crop yields.

Cereals & Grains to Dominate the Market - By Applicationย 

Cereals & Grains represent the largest and fastest-growing application in India's nitrogenous fertilizers market. With crops like rice, wheat, and maize accounting for the majority of India's agricultural output, nitrogenous fertilizers such as Urea and Ammonium Sulfate are critical to enhancing yield and soil fertility.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • India Nitrogenous Fertilizers Market Outlook
  • Market Size of India Nitrogenous Fertilizers Market,2023
  • Forecast of India Nitrogenous Fertilizers Market,2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Revenues & Volume for the Period 2020- 2030
  • India Nitrogenous Fertilizers Market Trend Evolution
  • India Nitrogenous Fertilizers Market Drivers and Challenges
  • India Nitrogenous Fertilizers Price Trends
  • India Nitrogenous Fertilizers Porter's Five Forces
  • India Nitrogenous Fertilizers Industry Life Cycle
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Product for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Urea for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Ammonium Nitrate for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Ammonium Sulfate for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Ammonia for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Calcium Ammonium Nitrate (CAN) for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Others for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Application for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Cereals & Grains for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Oilseeds & Pulses for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Fruits & Vegetables for the Period 2020- 2030
  • Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues & Volume By Others for the Period 2020- 2030
  • India Nitrogenous Fertilizers Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • India Nitrogenous Fertilizers Top Companies Market Share
  • India Nitrogenous Fertilizers Competitive Benchmarking By Technical and Operational Parameters
  • India Nitrogenous Fertilizers Company Profiles
  • India Nitrogenous Fertilizers Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

  • Urea
  • Ammonium Nitrate
  • Ammonium Sulfate
  • Ammonia
  • Calcium Ammonium Nitrate (CAN)
  • Others

By Application

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others
India Nitrogenous Fertilizers Market (2024-2030): FAQs
The market is expected to grow at a CAGR of 15% from 2024 to 2030.
Key drivers include government subsidies, increasing food demand, technological advancements in agriculture, and the push for self-sufficiency in food production.
Major challenges include environmental concerns, overreliance on urea, price volatility of raw materials, and the need for balanced fertilizer use education.
Emerging trends include the adoption of precision farming technologies, development of sustainable and environmentally friendly fertilizer products, and digital platforms for fertilizer management.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Nitrogenous Fertilizers Market Overview
3.1 India Country Macro Economic Indicators
3.2 India Nitrogenous Fertilizers Market Revenues & Volume, 2020 & 2030F
3.3 India Nitrogenous Fertilizers Market - Industry Life Cycle
3.4 India Nitrogenous Fertilizers Market - Porter's Five Forces
3.5 India Nitrogenous Fertilizers Market Revenues & Volume Share, By Product, 2020 & 2030F
3.6 India Nitrogenous Fertilizers Market Revenues & Volume Share, By Application, 2020 & 2030F
4 India Nitrogenous Fertilizers Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Nitrogenous Fertilizers Market Trends
6 India Nitrogenous Fertilizers Market, By Types
6.1 India Nitrogenous Fertilizers Market, By Product
6.1.1 Overview and Analysis
6.1.2 India Nitrogenous Fertilizers Market Revenues & Volume, By Product, 2020-2030F
6.1.3 India Nitrogenous Fertilizers Market Revenues & Volume, By Urea, 2020-2030F
6.1.4 India Nitrogenous Fertilizers Market Revenues & Volume, By Ammonium Nitrate, 2020-2030F
6.1.5 India Nitrogenous Fertilizers Market Revenues & Volume, By Ammonium Sulfate, 2020-2030F
6.1.6 India Nitrogenous Fertilizers Market Revenues & Volume, By Ammonia, 2020-2030F
6.1.7 India Nitrogenous Fertilizers Market Revenues & Volume, By Calcium Ammonium Nitrate (CAN), 2020-2030F
6.1.8 India Nitrogenous Fertilizers Market Revenues & Volume, By Others, 2020-2030F
6.2 India Nitrogenous Fertilizers Market, By Application
6.2.1 Overview and Analysis
6.2.2 India Nitrogenous Fertilizers Market Revenues & Volume, By Cereals & Grains, 2020-2030F
6.2.3 India Nitrogenous Fertilizers Market Revenues & Volume, By Oilseeds & Pulses, 2020-2030F
6.2.4 India Nitrogenous Fertilizers Market Revenues & Volume, By Fruits & Vegetables, 2020-2030F
6.2.5 India Nitrogenous Fertilizers Market Revenues & Volume, By Others, 2020-2030F
7 India Nitrogenous Fertilizers Market Import-Export Trade Statistics
7.1 India Nitrogenous Fertilizers Market Export to Major Countries
7.2 India Nitrogenous Fertilizers Market Imports from Major Countries
8 India Nitrogenous Fertilizers Market Key Performance Indicators
9 India Nitrogenous Fertilizers Market - Opportunity Assessment
9.1 India Nitrogenous Fertilizers Market Opportunity Assessment, By Product, 2020 & 2030F
9.2 India Nitrogenous Fertilizers Market Opportunity Assessment, By Application, 2020 & 2030F
10 India Nitrogenous Fertilizers Market - Competitive Landscape
10.1 India Nitrogenous Fertilizers Market Revenue Share, By Companies, 2023
10.2 India Nitrogenous Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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