| Product Code: ETC102163 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India potassium phosphate market import shipments demonstrated strong growth from 2020 to 2024, with a notable CAGR of 19.5%. The growth momentum continued in the latest period (2023-2024) with a growth rate of 16.3%, indicating an expanding market trend.
The India potassium phosphate market is expected to show a positive Outlook in the upcoming years. This is due to growing demand from various industries such as food and beverage, fertilizer, animal nutrition and pharmaceuticals. The increasing population and rising disposable income of the middle-class people are also fuelling the growth of this industry.
Increasing Government Initiatives & Support ??? The Government of India provides subsidies on potash fertilizers under its Fertilizer Subsidy Scheme. This scheme was launched with an aim to provide financial assistance to small and marginal farmers who use balanced fertilizer mixtures containing phosphorus, nitrogen and potash (NPK) as per recommended levels by state governments or union territories. In addition, this subsidy scheme also supports organic farming activities such as composting and vermi-composting that encourage nutrient management through natural sources like crop residues, green manure etc., which further increases utilization of NPK based fertilizers such as potassium phosphate.
High Cost Of Production - Potassium phosphates are expensive due to high production costs associated with it. As these minerals contain both phosphorus and potassium elements they require additional processing steps compared to other mineral based fertilizers making them more costly than other traditional forms of agricultural inputs thus limiting their uptake amongst farmers in India especially smallholder farmers who cannot afford higher prices for these compounds without any government subsides/support schemes from authorities concerned leading towards subdued demand Outlook for these products across India.
Major players operating in Indiapotassium phosphate market include Coromandel International Limited , Yara India Ltd , Kisan Fertilisers Ltd , Gujarat State Fertilizers & Chemicals Ltd (GSFCL), Rashtriya Chemicals & Fertilizers Ltd (RCF).
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 Potassium phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Potassium phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Potassium phosphate Market - Industry Life Cycle |
3.4 India Potassium phosphate Market - Porter's Five Forces |
3.5 India Potassium phosphate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 India Potassium phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Potassium phosphate Market Revenues & Volume Share, By End-use Verticals, 2021 & 2031F |
4 India Potassium phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fertilizers in the agriculture sector |
4.2.2 Growth in the food processing industry |
4.2.3 Rising awareness about the benefits of potassium phosphate in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulatory policies related to the chemical industry |
4.3.3 Competition from alternative products in the market |
5 India Potassium phosphate Market Trends |
6 India Potassium phosphate Market, By Types |
6.1 India Potassium phosphate Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 India Potassium phosphate Market Revenues & Volume, By Distribution Channel, 2021-2031F |
6.1.3 India Potassium phosphate Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.1.4 India Potassium phosphate Market Revenues & Volume, By Offline Retailing, 2021-2031F |
6.2 India Potassium phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Potassium phosphate Market Revenues & Volume, By Acidulant, 2021-2031F |
6.2.3 India Potassium phosphate Market Revenues & Volume, By Diuretic, 2021-2031F |
6.2.4 India Potassium phosphate Market Revenues & Volume, By Buffering & Sequestering Agent, 2021-2031F |
6.2.5 India Potassium phosphate Market Revenues & Volume, By Other Applications, 2021-2031F |
6.3 India Potassium phosphate Market, By End-use Verticals |
6.3.1 Overview and Analysis |
6.3.2 India Potassium phosphate Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.3.3 India Potassium phosphate Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3.4 India Potassium phosphate Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.3.5 India Potassium phosphate Market Revenues & Volume, By Others, 2021-2031F |
7 India Potassium phosphate Market Import-Export Trade Statistics |
7.1 India Potassium phosphate Market Export to Major Countries |
7.2 India Potassium phosphate Market Imports from Major Countries |
8 India Potassium phosphate Market Key Performance Indicators |
8.1 Average selling price of potassium phosphate products |
8.2 Number of new product launches in the potassium phosphate market |
8.3 Adoption rate of potassium phosphate in different industries |
8.4 Export-import trends of potassium phosphate in India |
8.5 Investment in research and development for potassium phosphate products |
9 India Potassium phosphate Market - Opportunity Assessment |
9.1 India Potassium phosphate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 India Potassium phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Potassium phosphate Market Opportunity Assessment, By End-use Verticals, 2021 & 2031F |
10 India Potassium phosphate Market - Competitive Landscape |
10.1 India Potassium phosphate Market Revenue Share, By Companies, 2024 |
10.2 India Potassium phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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