India Fertilizer Industry Insights: Size, Share, Growth, and Demand Analysis for the Next Decade

India Fertilizer

Markntel Advisors’ report, India Fertilizer Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the India Fertilizer presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

India Fertilizer Market Industry Research Report & Market Summary:

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. India’s Fertilizer market is increasing due to the growing demand for fertilizers to enhance agricultural productivity. Agriculture production has seen steady growth from the 1970s to 2023. Now India produces USD 329.7 million tons of grain annually, making it one of the largest agricultural producers around the globe. India stands as the second largest producer and consumer of fertilizer after China, in the world. Fertilizers such as urea, diammonium phosphate, and NPK (Nitrogen, phosphorus, and Potash), are responsible for increasing crop production and boost up soil productivity. As per the India Fertilizer Association, the total amount of fertilizer manufactured stands at about USD 41.8 million tons in 2024.

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India Fertilizer Market Dynamics:

Key Driver-

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:

According to MarkNtel study the market is segmented into the following categories:

By Product

  • Complex Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  • Straight Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
    • Nitrogenous Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Urea- Market Size & Forecast 2020-2030, Thousand Tons
      • Calcium Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
      • Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
      • Ammonium Sulfate- Market Size & Forecast 2020-2030, Thousand Tons
      • Anhydrous Ammonia- Market Size & Forecast 2020-2030, Thousand Tons
      • Others- Market Size & Forecast 2020-2030, Thousand Tons
    • Phosphatic Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Mono-Ammonium Phosphate (MAP) – Market Size & Forecast 2020-2030, Thousand Tons
      • Di-Ammonium Phosphate (DAP) – Market Size & Forecast 2020-2030, Thousand Tons
      • Single Super Phosphate (SSP) – Market Size & Forecast 2020-2030, Thousand Tons
      • Triple Super Phosphate (TSP) – Market Size & Forecast 2020-2030, Thousand Tons
      • Others- Market Size & Forecast 2020-2030, Thousand Tons
    • Potash Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Muriate of Potash (MoP) – Market Size & Forecast 2020-2030, Thousand Tons
      • Sulfate of Potash (SoP) – Market Size & Forecast 2020-2030, Thousand Tons
    • Secondary Macronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Calcium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Magnesium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Sulfur Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
    • Micronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
      • Zinc- Market Size & Forecast 2020-2030, Thousand Tons
      • Manganese- Market Size & Forecast 2020-2030, Thousand Tons
      • Copper- Market Size & Forecast 2020-2030, Thousand Tons
      • Iron- Market Size & Forecast 2020-2030, Thousand Tons
      • Boron- Market Size & Forecast 2020-2030, Thousand Tons
      • Molybdenum- Market Size & Forecast 2020-2030, Thousand Tons
      • Others- Market Size & Forecast 2020-2030, Thousand Tons

By Type

  • Chemical Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
  • Bio Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons

By type, chemical fertilizers are the most dominant in the Indian fertilizer market, accounting for a market share of around 40% due to their extensive use in agriculture.

By Form

  • Dry- Market Size & Forecast 2020-2030, Thousand Tons
  • Liquid- Market Size & Forecast 2020-2030, Thousand Tons

By Crop Type

  • Grains and Cereals- Market Size & Forecast 2020-2030, Thousand Tons
  • Pulses and Oilseeds- Market Size & Forecast 2020-2030, Thousand Tons
  • Fruits and Vegetables- Market Size & Forecast 2020-2030, Thousand Tons
  • Flowers and Ornamentals- Market Size & Forecast 2020-2030, Thousand Tons
  • Others- Market Size & Forecast 2020-2030, Thousand Tons

Based on the crop type segment, grains & cereals have the largest market share of around 40% based on the fact India is the second largest manufacturer of rice, wheat, and others.

By Application

  • Fertigation- Market Size & Forecast 2020-2030, Thousand Tons
  • Foliar- Market Size & Forecast 2020-2030, Thousand Tons
  • Banding- Market Size & Forecast 2020-2030, Thousand Tons
  • Drip Irrigation- Market Size & Forecast 2020-2030, Thousand Tons

By Region

  • North
  • South
  • East

As indicated in the latest market research report published by Markntel Advisors, “India Fertilizer Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the India Fertilizer. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/india-fertilizer-market.html

Top Companies Operating in the India Fertilizer Market:

  • IFFCO
  • National Fertilizers Limited
  • Coromandel International
  • Chambal Fertilisers and Chemicals Ltd.
  • Rashtriya Chemicals and Fertilizers Limited (RCF)
  • Zuari Agro Chemicals
  • Madras Fertilizers Limited (MFL)
  • Tata Chemicals Limited
  • Nagarjuna Fertilizers and Chemicals Ltd.
  • Deepak Fertilisers
  • ICL Group Ltd.
  • Others.

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Report Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Frequently Asked Questions (FAQs)-

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What leading factors would propel and impede the industry across the geography?
  4. How has the industry been evolving in terms of geography & India Fertilizer Market adoption?
  5. How has the competition been shaping up across the geography?
  1. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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