India Fertilizer Market 2030: Executive Summary, Key Trends & Future Outlook

 


Future of Executive Summary India Fertilizer Market: Key Dynamics, Size & Share Analysis

The 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, ie, 2025-30.

Top India Fertilizer Trend Impacting the India Fertilizer Market Growth

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.

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Understanding the Core Segments in the India Fertilizer Market

India Fertilizer Size, Share & Industry Trends Analysis - By Product (Complex Fertilizers, Straight Fertilizers {Nitrogenous Fertilizers [Urea, Calcium Ammonium Nitrate, Ammonium Nitrate, Ammonium Sulfate, Anhydrous Ammonia, Others], Phosphatic Fertilizers [Mono-Ammonium Phosphate, Di-Ammonium Phosphate, Single Super Phosphate, Triple Super Phosphate, Others] Fertilizers, Bio Fertilizers), By Form (Dry, Liquid), By Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, Others), By Application (Fertigation, Foliar, Banding, Drip Irrigation) and Others

Geographical Analysis of the India Fertilizer Market

-By Region

  • North
  • South
  • East
  • West

Who Dominates the India Fertilizer Market Insights on Key Industry Players?

Companies are strengthening their presence in the India Fertilizer Market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • IFFCO
  • National Fertilizers Limited
  • Coromandel International
  • Chambal Fertilizers 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 Fertilizers
  • ICL Group Ltd.
  • Others

Tap into future trends and opportunities shaping the India Fertilizer Market Download the complete report: https://www.marknteladvisors.com/research-library/india-fertilizer-market.html

Why Choose This MarkNtel Advisors Research Report

  1. Comprehensive Insights – Offers a 360° view of the India Fertilizer , combining qualitative and quantitative analysis for a deep understanding of trends, drivers, challenges, and opportunities.
  2. Reliable Data Sources – Data is gathered through verified primary and secondary sources, ensuring accuracy and credibility.
  3. Actionable Forecasts – Advanced predictive modeling and time-series analysis provide practical insights to guide strategic decisions and business planning.
  4. Expert Analysis – Insights from industry experts help interpret complex India Fertilizer dynamics, delivering clarity beyond the numbers.
  5. Customized & Strategic Reporting – The report includes detailed charts, graphs, and strategic recommendations tailored to support business growth and investment decisions.
  6. Trusted Methodology – Built on rigorous research principles, including precise sampling, data validation, and forecasting techniques, reflecting the trust businesses place in MarkNtel Advisors.

" This report equips decision-makers with actionable intelligence, enabling them to navigate India Fertilizer complexities with confidence and foresight."

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