What Does the Forecasted Market Size and Growth Rates Indicate for the Global Nitrogenous Fertilizer Market?
The size of the nitrogenous fertilizer market has witnessed substantial growth in recent years, growing from $78.65 billion in 2024 to an expected $84.56 billion in 2025, showing a compound annual growth rate (CAGR) of 7.5%. Factors contributing to this historical expansion include population growth, enhancements in the agricultural sector, farming automatization, government grants, and economic upturn. The market is projected to display robust growth in the coming years, reaching $121.24 billion in 2029 with a CAGR of 9.4%. This forecasted growth is anticipated due to the rise in global food security concerns, increased implementation of precision agriculture, growing rotation practices in crop farming, and infrastructure development. Notable trends expected to shape the market during the forecast period include customized fertilizer mixes, carbon sequestration, nutrient management, and a rise in organic and natural fertilizers.
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What is Driving the Growth of the Nitrogenous Fertilizer Market?
The nitrogenous fertilizers market is experiencing growth due to the rising demand for fertilizers. These substances contain chemical constituents necessary for plant growth and increased production. The demand for fertilizers is escalating as they have the potential to replenish the chemical elements that previous crops removed from the soil or to enhance innate land fertility. Nitrogenous fertilizers are frequently utilized as the primary source of plant nitrogen nutrition. For instance, in 2022, a report from the United Nations Environment Program on the environmental and health impacts of pesticides and fertilizers and means of minimizing them stated that over the past few decades, global demand, production, and consumption of pesticides and fertilizers have significantly surged. By 2025, global sales of these products are expected to expand by approximately 4.1%, reaching a total sum of USD 309 billion. Therefore, the rise in the demand for fertilizers is expected to uplift the nitrogenous fertilizer market during the forecast period.
What Are the Market Segments of the Nitrogenous Fertilizer Market?
The Nitrogenous Fertilizer Market covered in this report is segmented as follows:
1) By Type: Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium Ammonium Nitrate (CAN), Others Types
2) By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others Crops
3) By Form: Dry, Liquid
4) By Application: Soil, Foliar, Fertigation, Other Applications
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Who are the Major Players in the Nitrogenous Fertilizer Market?
Major companies operating in the nitrogenous fertilizer market include Sorfert Algeria Spa, OCI NV, Nutrien Ltd., Yara Fertilisers India Pvt Ltd., Central Farmers Fertilizer Company, Compo Expert Gmbh, Coromandel International Ltd., EuroChem Group AG, Indian Farmers Fertilizer Cooperative Ltd., Koch Industries Inc., Saudi Basic Industries Corp, Wilbur-Ellis LLC, Terra Nitrogen Company L.P., LSB Industries Inc., Shandong Hualu Hengsheng Chemical Co Ltd., Agrium Inc., Potash Corporation of Saskatchewan Inc., AgroLiquid, Agrofert Holding AS, Bunge Ltd., Fertiberia Sociedad Anonima, Haifa Chemicals Ltd., Israel Chemicals Ltd., Kali und Salz GmbH, The Mosaic Company, PhosAgro, Sinochem Hong Kong Holdings Ltd.
What Trends Are Influencing the Nitrogenous Fertilizer Market?
An emerging trend in the nitrogenous fertilizers market is the application of nanotechnology. Several companies operating in the nitrogenous fertilizer sector are focusing on using nutrient-rich nanoparticles for the development and production of nanoscale nitrogenous fertilizers. Nano fertilizers offer numerous advantages over conventional fertilizers, including enhanced soil fertility yield and crop quality parameters, non-toxicity, reduced environmental risk, cost-effectiveness, and increased profitability. For instance, in February 2023, the Indian Farmers Fertilizer Cooperative Limited (IFFCO) announced that it had been granted a 20-year patent for the Nano Nitrogen-Phosphorus containing fertilizer.
Which Region Leads the Global Nitrogenous Fertilizer Market?
Asia-Pacific was the largest region in the nitrogenous fertilizers market in 2024 and is predicted to be the fastest-growing region during the forecast period. Other regions covered in this report include Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa.
What does The Nitrogenous Fertilizer Market Report 2025 Offer?
Nitrogenous fertilizer refers to organic and mineral substances utilized as sources of plant nutrition. Nitrogenous fertilizers contain a chemical composition in which nitrogen has a higher percentage than other nutrients. They are often used in crop production as a source of nitrate, ammonia, ammonium, or urea. The Nitrogenous Fertilizer Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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