USD 57.8 billion
Nitrogenous Fertilizer Market Size, Share, Growth Analysis, By Type(Urea, ammonium nitrate, ammonium sulfate, methylene urea), By Crop Type (Cereals & grains, oilseeds & pulses, fruits & vegetables, and others), By Application, By Form, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15A2101 |
Region:
Global |
Published Date: November, 2024
Pages:
242
|Tables:
68
|Figures:
75
Nitrogenous Fertilizer Market Insights
Nitrogenous Fertilizer Market size was valued at USD 60.98 Billion in 2023 and is poised to grow from USD 64.21 Billion in 2024 to USD 96.88 Billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).
Nitrogenous fertilizers are gaining popularity in the global agricultural sector due to their ability to assist rapid plant growth. Nitrogenous fertilizers promote the healthy growth of both foliage and fruits, and are available in liquid, solid, pelleted, and granular forms. The agricultural industry has increased its demand for nitrogenous fertilizers to provide adequate nutrition to various food crops, thereby increasing yield. They have a wide range of applications in agriculture, including vegetables, fruits, cotton, and cereals. Crop production capacity is greatly influenced by changes in climatic conditions, which change crop supply and demand according to season. Fertilizers are important ingredients used in agriculture to boost crop growth. However, environmental and health risk that comes with nitrogen-based fertilisers are significant restraints to the growth of the nitrogenous fertilizers market during the forecast period.
US Nitrogenous Fertilizer Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Cereals & grains
Fastest Growth
Oilseeds & pulses
Growth Rate
5.3% CAGR
Global Nitrogenous Fertilizer Market, 2021-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
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Nitrogenous Fertilizer Market Segmental Analysis
Global Nitrogenous Fertilizer Market is segmented by Type, by Crop type, by application, by Form and by Region. Based on Type, the market is segmented into Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium ammonium nitrate (CAN), Others (NPK blends, potassium nitrate, diammonium phosphate (DAP), monoammonium phosphate (MAP), and other nitrogen & phosphate compounds). Based on Crop Type, the market is segmented into Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Others (floriculture crops, permanent crops, plantation crops, pastures, grasslands, and other agricultural cultivation). Based on application, the market is segmented into Soil, Foliar, Fertigation, Others (aerial application, basal application, and starter solution). Based on Form, the market is segmented into Liquid, Dry, Others (granular and pelleted). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Nitrogenous Fertilizer Market Analysis by Product
Based on product, global nitrogenous fertilizer market is segmented into urea, ammonium nitrate, ammonium sulfate, methylene urea, ammonia, calcium ammonium nitrate, and others. Because of its widespread use and rising popularity, the urea segment is expected to dominate the global nitrogenous fertiliser market over the forecast period. The high nitrogen content and low price of urea are two major factors that have significantly boosted global urea growth. Urea contains approximately 46% nitrogen and is applied to bare soil.
The ammonia product segment ranked second in 2021, with about 18% of total revenue, and is expected to grow further during the forecast period. Higher leaching loss resistance and excellent solubility are attributed to the expansion. Because it has a higher nitrogen content than any other commercial counterpart, ammonia is an important pillar of the nitrogen-based fertiliser industry.
Nitrogenous Fertilizer Market Analysis by Application
Based on application, the global nitrogenous fertilizer market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The cereals and grains segment held the highest revenue share of more than 44% in 2021, and will continue to lead during the forecast timeframe due to the maximum care needed by cereals and grains crops to produce higher yields and generate higher profitability for farmers and the overall agriculture industry.
Oilseeds and pulses are expected to grow at the fastest rate during the forecast period due to the need to improve seed germination rates and obtain dense pulse canopies. Oilseeds and pulses are critical crops that meet humans' daily protein, vitamin, and mineral requirements.
Global Nitrogenous Fertilizer Market By Application, 2021 (%)
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Nitrogenous Fertilizer Market Regional Insights
Due to a larger available area for cultivation, favourable climate conditions, and a higher rural population, the Asia Pacific region is expected to maintain its dominant position during the forecast period. Due to increased demand and a growing emphasis on food security, major multinational nitrogenous fertilizer manufacturers are establishing manufacturing units in Asia Pacific countries like China, India, Japan, and others. China is the world's largest consumer of the product, accounting for roughly one-third of total global product consumption. These fertilizers play an important role in ensuring China's food security by allowing for greater growth in both non-grain and grain yields.
European nitrogenous fertilizer market is anticipated to significantly grow, and is further expected to grow at a rapid pace over the forecast period. The growing emphasis of European nations on improving agriculture and upgrading nitrate plants in Europe has significantly stimulated the development of Europe's nitrogenous fertiliser market.
Global Nitrogenous Fertilizer Market By Geography, 2021-2028
- Largest
- Fastest
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Nitrogenous Fertilizer Market Dynamics
Nitrogenous Fertilizer Market Driver
- The increased use of nitrogenous fertilizers in various agricultural products such as cereals, cotton, fruits, and vegetables is driving market growth. Nitrogenous crops have seasonal demand, as do many other crops. Crop production levels are heavily influenced by the weather, which influences supply and demand for nitrogenous fertilizers based on the season.
Nitrogenous Fertilizer Market Restraint
- The most commonly used nitrogen fertilisers are expected to be leached into groundwater and washed into waterways as a result of the heavy rainfall, causing severe environmental and economic damage. To address these issues, the Western Australian Government recommended that nitrogenous fertilisers not be applied near streams or drains; that they be applied when the pasture is actively growing and can use the fertilizers; and that they be avoided in winter. These solutions are expected to lessen the impact of nitrogen fertiliser overuse.
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Nitrogenous Fertilizer Market Competitive Landscape
Global nitrogenous fertilizer market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Nitrogenous Fertilizer Market Top Player's Company Profiles
- Bunge Limited
- Yara International ASA
- Eurochem Group AG
- CF Industries Holdings Inc.
- Sinofert Holdings Limited.
- Coromandel International Ltd.
- CVR Partners, LP
- Shandong Hualu Hengsheng Chemical Co Ltd
- Koch Industries, Inc.
- The Mosaic Company
- Nutrien Ltd.
- OCI Nitrogen BV
- SABIC Agri-Nutrients Co.
- Haifa Chemicals Ltd.
- Zuari Agro Chemicals Ltd.
- Israel Chemicals Ltd.
- Indian Farmers Fertilizer Cooperative Limited (IFFCO)
- Qingdao Sonef Chemical Company Limited
- K+S AG
Nitrogenous Fertilizer Market Recent Developments
- In November 2022, the Foundation for Food & Agriculture Research (FFAR) announced the formation of Efficient Fertilizer Consortium at the United Nations Climate Change Conference. The Efficient Fertilizer Consortium is a public-private partnership that conducts research to advance efficient, environmentally beneficial and cost-effective fertilizers and management practices.
- In November 2022, SDG2 Advocacy Hub launched two anti-hunger campaigns at COP27 to raise awareness about the global hunger and climate crises, as well as to promote solutions that can help address these pressing challenges.
- In October 2022, Texas Tech established a nitrogen fertiliser sustainability centre.
Nitrogenous Fertilizer Key Market Trends
- Due to its rising compatibility with pesticides, herbicides, growth regulators, and other nutrients, urea-ammonium nitrate, a popular type of nitrogenous crop-growth enhancer, is rapidly gaining traction among liquid fertiliser manufacturers. The use of liquid fertilisers allows a farmer to save money by implementing several crop production and protection products at the same time rather than making several separate applications. Because they apply more smoothly and uniformly than non-liquid nitrogenous fertilisers, urea-ammonium nitrate solutions are widely utilized as a nitrogen source for plants.
Nitrogenous Fertilizer Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global nitrogenous fertilizer market analysis, Asia Pacific market is anticipated to be influenced more by advances in farming methods as well as the availability of numerous agricultural lands during the analysis period. Various government subsidies provided to farmers in emerging economies are considered to have a strong and meaningful impact on market growth over the forecast period. However, factors such as rising organic consumption and an unfavourable regulatory environment are expected to impede growth of the market during the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 57.8 billion |
| Market size value in 2031 | USD 92 billion |
| Growth Rate | 5.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Nitrogenous Fertilizer Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Nitrogenous Fertilizer Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Nitrogenous Fertilizer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Nitrogenous Fertilizer Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Nitrogenous Fertilizer Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Nitrogenous Fertilizer Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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