The global nitrogenous fertiliser market attained a value of nearly USD 76.49 billion in 2023. The market is further expected to grow at a CAGR of 4% during the forecast period of 2024-2032 to reach a value of USD 108.87 billion by 2032.
Base Year
Historical Year
Forecast Year
| Global Nitrogenous Fertiliser Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 76.49 |
| Market Size 2032 | USD Billion | 108.87 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 4.0% |
| CAGR 2024-2032 - Market by Region | Latin America | 4.4% |
| CAGR 2024-2032 - Market by Country | India | 4.8% |
| CAGR 2024-2032 - Market by Country | Brazil | 4.6% |
| CAGR 2024-2032 - Market by Form | Dry | 4.7% |
| CAGR 2024-2032 - Market by Crop Type | Fruits and Vegetables | 4.9% |
| Market Share by Country 2023 | Australia | 2.1% |
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The burgeoning population of the world is pressing the growth of crops to provide for the population, especially in countries such as China and India. Countries are taking initiatives to provide agriculture by investing in fertilisers and equipment for efficient and healthy harvest to provide for their growing population. The high productivity to meet rising demand is opening lanes for development in the efficiency of fertilisers, thereby aiding the growth of the industry. The market growth is also supported by the increasing popularity of urea and ammonium sulfate during the forecast period.
Nitrogenous fertilisers are mineral or organic substances used as a source for nitrogen nutrition essential for plants. The age old tradition of fertilisation is more advanced now and is an effective means of increasing crop productivity, especially in areas where nitrogen content in the soil is lacking. The many advantages of nitrogenous fertilisers are an increase in crop yield, quality of land, soil texture, and introduction of essential bacteria, among others. Such attributes accredit to the popularity of nitrogenous fertilisers and are carefully administered by the agriculture sector for better produce.
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Based on product type, the market is divided into:
By form, the market is segmented into:
On the basis of crop type, the market is categorised into:
Based on application, the market is segregated into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Country |
| India | 4.8% |
| Brazil | 4.6% |
| China | 4.4% |
| Canada | 4.1% |
| UK | 3.9% |
| USA | XX% |
| Germany | 3.5% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Mexico | XX% |
| France | 3.4% |
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The increasing popularity of urea in the nitrogenous fertiliser industry is boosting the market growth. The sector recognizes the several advantages of urea, such as high nutrient density, cost per pound of nitrogen, and storage properties, among others. The 46% composition of nitrogen in urea enhances the productivity of soil and enriches its nutrient constituency, as a result, nitrogenous fertiliser is rising in demand, which is fostering the market growth. Furthermore, the market for nitrogen fertilisers is supported by the easy storage and transportation of urea as it’s easy to handle. Urea is easily spread across the land and mixed with the soil, therefore, making it an ideal choice in the agriculture sector, boosting the market growth of the industry.
The report gives a detailed analysis of the following key players in the global nitrogenous fertiliser market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Form |
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| Breakup by Crop Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global nitrogenous fertiliser market attained a value of nearly USD 76.49 billion.
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the market include the rising agriculture market, the increasing demand for crops and growing utilisation of urea.
The increasing popularity of urea in the nitrogenous fertilisers and growing adoption of precision farming are expected to be the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different product types of nitrogenous fertiliser available are ammonium nitrate, ammonia, ammonium sulphate, calcium ammonium nitrate, and urea, amongst others.
The various forms of nitrogenous fertilisers include dry and liquid, among others.
Nitrogenous fertilisers find applications in soil, foliar, and fertigation, among others.
The major crop types in the market are fruits and vegetables, grain and cereals, turf and ornamentals, and pulses and oilseeds, among others.
The key players in global nitrogenous fertiliser market are Yara International ASA, Bunge Limited, SABIC, EuroChem Agro GmbH, URALCHEM Holding PLC, PJSC Togliattiazot, and OCI N.V., amongst others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 108.87 billion by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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