India Phosphate Fertilizers Market (2021-2027) | COVID-19 IMPACT, Trends, Outlook, Share, Value, Revenue, Companies, Growth, Industry, Size, Forecast & Analysis

India Phosphate Fertilizers Market Synopsis

India is one of the largest producers and consumers of phosphate fertilizers in the world. The demand for phosphates has been growing steadily over the last few years, driven by increased food production and soil fertility needs. Phosphate fertilizers are used to improve crop yields, increase water retention capacity and reduce nutrient losses during cultivation. India?s total fertilizer consumption was estimated at about 35 million tons in 2020-21, with 16 million tons being phosphatic fertilizers alone; making it an important segment for agricultural production.

Drivers of the Market:

Growing population coupled with increasing demand from agricultural industry will drive growth of the market in India, Increasing awareness regarding sustainable agriculture practices has resulted into higher adoption of modern farming techniques which require phosphatic fertilizer use, and Government initiatives & subsidies to promote balanced use of nutrients such as phosphorus & nitrogen through their respective nutrients based subsidy (NBS) scheme will further support market growth.

Challenges of the Market:

Limited availability/shortage of raw materials such as rock phosphate due to lack of infrastructure development may hinder market growth

Trends of the Market:

Specialty/slow release products are increasingly gaining traction among farmers due to its low initial cost & long term efficacy benefits

Key Players of the Market:

Major players operating in India`s phosphate fertilizers market include Coromandel International Ltd., Chambal Fertilisers & Chemicals Ltd., IFFCO , Deepak Fertilisers, Zuari Agro Chemicals Ltd., Phosagro CJSC etc..

The COVID - 19 Impact on the Market:

COVID-19 pandemic has adversely affected Indian economy including agribusiness sector leading to decline in overall demand for agricultural inputs including fertilizer products. Although government interventions have helped mitigate some impact on agro chemical industries, supply chain disruptions still remain a major concern inhibiting efficient functioning of these companies across different.

Key Highlights of the Report:

• India Phosphate Fertilizers Market Outlook
• Market Size of India Phosphate Fertilizers Market, 2020
• Forecast of India Phosphate Fertilizers Market, 2027
• Historical Data and Forecast of India Phosphate Fertilizers Revenues & Volume for the Period 2023 - 2027
• India Phosphate Fertilizers Market Trend Evolution
• India Phosphate Fertilizers Market Drivers and Challenges
• India Phosphate Fertilizers Price Trends
• India Phosphate Fertilizers Porter's Five Forces
• India Phosphate Fertilizers Industry Life Cycle
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Product for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Monoammonium Phosphate (MAP) for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Diammonium Phosphate (DAP) for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Superphosphate for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Applications for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Cereals & Grains for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Oilseeds for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Fruits & Vegetables for the Period 2023 - 2027
• Historical Data and Forecast of India Phosphate Fertilizers Market Revenues & Volume By Others for the Period 2023 - 2027
• India Phosphate Fertilizers Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Applications
• India Phosphate Fertilizers Top Companies Market Share
• India Phosphate Fertilizers Competitive Benchmarking By Technical and Operational Parameters
• India Phosphate Fertilizers Company Profiles
• India Phosphate Fertilizers Key Strategic Recommendations

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