India Fertilizers Market
Segments - by Products (Chemical Fertilizers, Organic and Biofertilizers), Types (Complex Fertilizers, DAP, MOP, SSP, Urea, and Others), Forms (Solid and Liquid), Crop Types (Oilseeds, Fruits and Vegetables, Farming, and Gardening), and Mode of Applications (Fertigation, Foliar Spraying, Sowing, Broadcasting, Drip Method, Spraying, and Others) - India Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The India fertilizers market size is expected to expand at a significant CAGR of 11% during the forecast period, 2021–2028. The growth of the market is attributed to the growing requirement to meet the country's ever-increasing population's food demands is driving the India fertilizers industry during the forecast period.
The increased use of fertilizer has made a substantial contribution to India, such as ability to produce food grains sustainably. As a result, over the last few years, the demand for fertilizers has increased by double digits. Fertilizers are used to boost nutrient-depleted soil production. Fertilizer use continues to rise in India to meet the rising food demands of the country's rising population. Fertilizer use in India is influenced by the soil and climatic conditions of the country's diverse regions. During the outbreak of lockdown all over India, due to Covid-19, the government has lifted the restrictions on fertilizer manufacturing to retain seasonal agricultural activity.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing need for fertilizers has resulted from an increase in food demand and a decrease in arable land, to meet the need and eliminate food shortages are expected to spur the market growth during the forecast period.
- Several governments and non-governments awareness efforts aimed at informing farmers about the advantages of fertilizers. Fertilizer promotion via television, radio, and customized rural seminars is also expected to boost the India fertilizers market for consumption in the coming years.
- Rising rural incomes, combined with the ease with which credit can be obtained, are anticipated to drive market expansion in the coming years.
- Implementation of lockdown due to COVID-19 has compelled the fertilizer industry in India too experienced problems in terms of labor and raw resources during the forecast period.
Scope of the Report
The report on the India fertilizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Fertilizers Market – India Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Products (Chemical Fertilizers, Organic and Biofertilizers), Types (Complex Fertilizers, DAP, MOP, SSP, Urea, and Others), Forms (Solid and Liquid), Crop Types (Oilseeds, Fruits and Vegetables, Farming, and Gardening), and Mode of Applications (Fertigation, Foliar Spraying, Sowing, Broadcasting, Drip Method, Spraying, and Others) |
|
Country |
India |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Zuari Agro Chemicals Limited; Coromandel International Limited; Chambal Fertilizers Limited; Southern Petrochemical Industries Corporation Limited (SPIC); Rashtriya Chemicals & Fertilizers Limited; Paradeep Phosphates Limited; National Fertilizers Limited; Nagarjuna Fertilizers & Chemicals Limited; Mangalore Chemicals and Fertilizers limited; and Madras Fertilizers Limited |
India Fertilizers Market Segment Insights
Chemical fertilizers segment is projected to account for a large market share
Based on products, the India fertilizers market is segmented into chemical fertilizers, organic, and biofertilizers. The chemical fertilizers segment is expected to account for a key share of the market during the forecast period due to the low cost, simple availability, and well-established market.
Urea segment is expected to grow at a rapid pace
In terms of types, the market is segregated into complex fertilizers, DAP, MOP, SSP, urea, and others. The urea segment is expected to represent a key share of the market in the coming years due to relatively cheap nitrogen fertilizer. The primary objective of urea fertilizer is to supply nitrogen to plants in to stimulate green leafy growth and make them appear lush. Urea also helps plants with their photosynthesis. It is mostly utilized for bloom growth because it can only offer nitrogen. Although people and animals create urea naturally, synthetic urea is made from anhydrous ammonia.
Liquid segment is anticipated to expand at a substantial CAGR
On the basis of forms, the India fertilizers market is bifurcated into solid and liquid. The solid segment is expected to hold a key share of the market during the forecast years due to the effectiveness and consistency. Liquids are quickly absorbed by plants and crops, plants have easier access to nutrients. The liquid form has an instant effect on some plants.
Farming segment is projected to represent a major market share
Based on crop types, the India fertilizers market is divided into oilseeds, fruits and vegetables, farming, and gardening. The farming segment is expected to account for a key share of the market during the forecast period due to government subsidies and growing demand for food grains are two significant reasons driving the growth of the farming fertilizers industry in India.
Foliar Spraying segment is expected to expand at a robust pace
In terms of mode of applications, the market is divided into fertigation, foliar spraying, sowing, broadcasting, drip method, spraying, and others. The foliar spraying segment is expected to account for a large share of the market in the coming years as foliar spraying is an effective way to treat nutrient deficits and promote plant development during stressful times.
Segments
Segments Covered in the ReportThe India fertilizers market has been segmented on the basis of
Products
- Chemical Fertilizers
- Organic
- Biofertilizers
- Complex Fertilizers
- DAP
- MOP
- SSP
- Urea
- Others
- Solid
- Liquid
- Oilseeds
- Fruits and Vegetables
- Farming
- Gardening
- Fertigation
- Foliar Spraying
- Sowing
- Broadcasting
- Drip Method
- Spraying
- Others
- Zuari Agro Chemicals Limited
- Coromandel International Limited
- Chambal Fertilizers Limited
- Southern Petrochemical Industries Corporation Limited (SPIC)
- Rashtriya Chemicals & Fertilizers Limited
- Paradeep Phosphates Limited
- National Fertilizers Limited
- Nagarjuna Fertilizers & Chemicals Limited
- Mangalore Chemicals and Fertilizers limited
- Madras Fertilizers Limited
Competitive Landscape
Key players competing in the India fertilizers market include Zuari Agro Chemicals Limited; Coromandel International Limited; Chambal Fertilizers Limited; Southern Petrochemical Industries Corporation Limited (SPIC); Rashtriya Chemicals & Fertilizers Limited; Paradeep Phosphates Limited; National Fertilizers Limited; Nagarjuna Fertilizers & Chemicals Limited; Mangalore Chemicals and Fertilizers limited; and Madras Fertilizers Limited. Some of these players are adopting several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market share.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fertilizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fertilizers Market - Supply Chain
4.5. Global Fertilizers Market Forecast
4.5.1. Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fertilizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fertilizers Market Absolute $ Opportunity
5. Global Fertilizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fertilizers Market Size and Volume Forecast by Types
5.3.1. Complex Fertilizers
5.3.2. DAP
5.3.3. MOP
5.3.4. SSP
5.3.5. Urea
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fertilizers Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fertilizers Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fertilizers Demand Share Forecast, 2019-2026
7. North America Fertilizers Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fertilizers Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fertilizers Market Size and Volume Forecast by Types
7.4.1. Complex Fertilizers
7.4.2. DAP
7.4.3. MOP
7.4.4. SSP
7.4.5. Urea
7.4.6. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fertilizers Demand Share Forecast, 2019-2026
8. Latin America Fertilizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fertilizers Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fertilizers Market Size and Volume Forecast by Types
8.4.1. Complex Fertilizers
8.4.2. DAP
8.4.3. MOP
8.4.4. SSP
8.4.5. Urea
8.4.6. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fertilizers Demand Share Forecast, 2019-2026
9. Europe Fertilizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fertilizers Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fertilizers Market Size and Volume Forecast by Types
9.4.1. Complex Fertilizers
9.4.2. DAP
9.4.3. MOP
9.4.4. SSP
9.4.5. Urea
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fertilizers Demand Share Forecast, 2019-2026
10. Asia Pacific Fertilizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fertilizers Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fertilizers Market Size and Volume Forecast by Types
10.4.1. Complex Fertilizers
10.4.2. DAP
10.4.3. MOP
10.4.4. SSP
10.4.5. Urea
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fertilizers Demand Share Forecast, 2019-2026
11. Middle East & Africa Fertilizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fertilizers Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fertilizers Market Size and Volume Forecast by Types
11.4.1. Complex Fertilizers
11.4.2. DAP
11.4.3. MOP
11.4.4. SSP
11.4.5. Urea
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fertilizers Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fertilizers Market: Market Share Analysis
12.2. Fertilizers Distributors and Customers
12.3. Fertilizers Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Zuari Agro Chemicals Limited
12.4.2. Coromandel International Limited
12.4.3. Chambal Fertilizers Limited
12.4.4. Southern Petrochemical Industries Corporation Limited (SPIC)
12.4.5. Rashtriya Chemicals & Fertilizers Limited
12.4.6. Paradeep Phosphates Limited
12.4.7. National Fertilizers Limited
12.4.8. Nagarjuna Fertilizers & Chemicals Limited
12.4.9. Mangalore Chemicals and Fertilizers limited
12.4.10. &
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fertilizers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fertilizers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fertilizers Market - Supply Chain
4.5. Global Fertilizers Market Forecast
4.5.1. Fertilizers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fertilizers Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fertilizers Market Absolute $ Opportunity
5. Global Fertilizers Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fertilizers Market Size and Volume Forecast by Types
5.3.1. Complex Fertilizers
5.3.2. DAP
5.3.3. MOP
5.3.4. SSP
5.3.5. Urea
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fertilizers Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fertilizers Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fertilizers Demand Share Forecast, 2019-2026
7. North America Fertilizers Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fertilizers Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fertilizers Market Size and Volume Forecast by Types
7.4.1. Complex Fertilizers
7.4.2. DAP
7.4.3. MOP
7.4.4. SSP
7.4.5. Urea
7.4.6. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fertilizers Demand Share Forecast, 2019-2026
8. Latin America Fertilizers Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fertilizers Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fertilizers Market Size and Volume Forecast by Types
8.4.1. Complex Fertilizers
8.4.2. DAP
8.4.3. MOP
8.4.4. SSP
8.4.5. Urea
8.4.6. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fertilizers Demand Share Forecast, 2019-2026
9. Europe Fertilizers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fertilizers Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fertilizers Market Size and Volume Forecast by Types
9.4.1. Complex Fertilizers
9.4.2. DAP
9.4.3. MOP
9.4.4. SSP
9.4.5. Urea
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fertilizers Demand Share Forecast, 2019-2026
10. Asia Pacific Fertilizers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fertilizers Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fertilizers Market Size and Volume Forecast by Types
10.4.1. Complex Fertilizers
10.4.2. DAP
10.4.3. MOP
10.4.4. SSP
10.4.5. Urea
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fertilizers Demand Share Forecast, 2019-2026
11. Middle East & Africa Fertilizers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fertilizers Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fertilizers Market Size and Volume Forecast by Types
11.4.1. Complex Fertilizers
11.4.2. DAP
11.4.3. MOP
11.4.4. SSP
11.4.5. Urea
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fertilizers Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fertilizers Market: Market Share Analysis
12.2. Fertilizers Distributors and Customers
12.3. Fertilizers Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Zuari Agro Chemicals Limited
12.4.2. Coromandel International Limited
12.4.3. Chambal Fertilizers Limited
12.4.4. Southern Petrochemical Industries Corporation Limited (SPIC)
12.4.5. Rashtriya Chemicals & Fertilizers Limited
12.4.6. Paradeep Phosphates Limited
12.4.7. National Fertilizers Limited
12.4.8. Nagarjuna Fertilizers & Chemicals Limited
12.4.9. Mangalore Chemicals and Fertilizers limited
12.4.10. &
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