The India Fertilizers Market is segmented by Type (Complex, Straight), by Form (Conventional, Speciality), by Application Mode (Fertigation, Foliar, Soil) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

The India fertilizer market is expected to grow at a CAGR of 4.30% between 2025 and 2034, reaching a projected value of USD 14.9 Billion by 2034. The market growth is being driven by increasing demand for food production and improvements in agriculture processes.

The India Specialty Fertilizer Market is segmented by Speciality Type (CRF, Liquid Fertilizer, SRF, Water Soluble), by Application Mode (Fertigation, Foliar, Soil) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

In financial year 2023, India imported approximately 5.87 million metric tons of nitrogenous fertilizers. That same year, the South Asian country also imported 3.5 million metric tons of phosphate fertilizers and 2.19 million metric tons of potash.

India Fertilizers Market Outlook 2031

The India fertilizers market size was USD 898.5 Billion in 2022 and is expected to reach USD 1.37 Trillion by 2031 expand at a significant CAGR of 4.85% during the forecast period, 2023–2031. 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.

India Fertilizers 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 India Organic Fertilizer Market is segmented by Form (Manure, Meal Based Fertilizers, Oilcakes) and by Crop Type (Cash Crops, Horticultural Crops, Row Crops). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes market split by form and various crop types.

The India Organic Fertilizer Market Size Was Worth USD 578 Billion in 2023 and Is Expected To Reach USD 951 Billion by 2032, CAGR of 5.7%.

The Indian fertilizer market is experiencing robust growth, projected to reach a market size of approximately ₹1.5 trillion (USD 18 Billion) by 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.50% from 2019 to 2033. This expansion is fueled by several key drivers: India's burgeoning agricultural sector, increasing demand for high-yielding crops to meet the food security needs of a rapidly growing population, and government initiatives promoting balanced fertilizer usage and improved agricultural practices. Furthermore, the rising adoption of modern farming techniques, including precision agriculture, contributes significantly to the market's growth. However, challenges remain, including fluctuating raw material prices, potential supply chain disruptions, and the need for sustainable fertilizer practices to mitigate environmental impact. Government regulations aimed at promoting responsible fertilizer use and addressing environmental concerns also shape market dynamics. Major players like Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd, and others are actively investing in capacity expansion and product diversification to capitalize on these growth opportunities. The market is segmented based on fertilizer type (urea, potash, NPK, etc.), application method, and crop type. Regional variations in agricultural practices and soil conditions influence demand patterns across different states. The forecast period (2025-2033) anticipates sustained growth, driven by consistent agricultural output requirements and ongoing technological advancements in fertilizer production and application. The market's future success hinges on effectively addressing the challenges related to price volatility, sustainability, and equitable access to fertilizers for farmers across India. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

India Fertilizer Market size was valued at around USD 10.8 Billion in 2024 and is projected to reach USD 14 Billion by 2030, at 4.2% CAGR.

The fertilizer market in India is valued at XX million and is expected to grow at a CAGR of 6.50% during the forecast period 2025-2033. The major drivers of growth include the increasing demand for agricultural products, rising disposable income, and government initiatives to promote crop production. The market is segmented by type, application, and region. By type, the market can be classified into urea, DAP, and MOP. By application, the market can be divided into cereals, oilseeds, pulses, and fruits and vegetables. Key players operating in the Indian fertilizer market include Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd, Haifa Group, Indian Farmers Fertiliser Cooperative Limited, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Yara International AS, National Fertilizers Ltd, Rashtriya Chemicals & Fertilizers Ltd, ICL Group Ltd, and Sociedad Quimica y Minera de Chile SA. These companies are engaged in the production, distribution, and marketing of fertilizers. The report provides an in-depth analysis of the market size, market share, and competitive landscape of the fertilizer market in India. It also discusses the key trends and drivers that are expected to shape the market in the coming years. The fertilizer market in India is a significant contributor to the country's agricultural sector. Valued at over USD 25,000 Million in 2023, the market presents numerous opportunities for growth and innovation. Recent developments include: January 2023: ICL has entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.May 2022: ICL signed an agreement with customers in India and China to supply 600,000 and 700,000 metric tons of potash, respectively, in 2022 at USD 590 per ton.. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

India Fertilizers Market was reached reach 43.76 Million Metric Tonnes by 2024 and is anticipated to project robust growth to reach 58.30 Million Metric Tonnes with a CAGR of 4.85% through 2030.

The India Micronutrient Fertilizer Market is segmented by Product (Boron, Copper, Iron, Manganese, Molybdenum, Zinc, Others), by Application Mode (Fertigation, Foliar, Soil) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

India's fertilizer production growth rate for fiscal year 2024 was projected to reach *** percent, marking a decrease from the previous year's impressive **** percent growth. Fertilizers play a crucial role as one of the eight core industries in India's economy, highlighting the sector's importance in the country's agricultural and industrial landscape. Production capacity and industry structure The fertilizer industry in India boasts a robust infrastructure, with ** large-scale urea manufacturing plants operational in fiscal year 2022. The country's production capabilities extend beyond urea, encompassing ** facilities for DAP and complex fertilizers, as well as *** plants dedicated to ammonium sulfate production. This diverse manufacturing base has contributed to India's position as a leading fertilizer producer, with total production volume reaching over ** million metric tons in fiscal year 2022. Fertilizer usage pattern India was the second-largest consumer of nitrogen fertilizer in 2022, with ***** million metric tons. Nitrogenous fertilizers dominate India's agricultural fertilizer usage, accounting for more than ** percent of total fertilizer use in fiscal year 2024.

India Foliar Fertilizer Market was valued at USD 2.65 Billion in 2024 and is expected to reach USD 3.53 Billion by 2030 with a CAGR of 4.86% during the forecast period.

The India controlled-release fertilizer (CRF) market, while currently experiencing robust growth, presents a compelling investment opportunity. With a Compound Annual Growth Rate (CAGR) of 6.50% from 2019 to 2024, and a projected continuation of this trend through 2033, the market demonstrates significant potential. This growth is fueled by several key drivers. Increasing awareness among farmers regarding the benefits of CRFs, such as improved nutrient use efficiency, reduced environmental impact (less leaching and runoff), and enhanced crop yields, is a primary factor. Government initiatives promoting sustainable agriculture and water conservation further bolster market expansion. Furthermore, the rising demand for high-quality agricultural produce to meet the needs of a burgeoning population is driving the adoption of advanced fertilizer technologies like CRFs. While challenges remain, including the relatively higher initial cost compared to conventional fertilizers and the need for greater farmer education and training, the long-term benefits of CRFs are likely to outweigh these limitations, ensuring sustained market growth. The competitive landscape is characterized by a mix of both domestic and international players. Established companies like Haifa Group, Grupa Azoty S.A. (Compo Expert), and ICL Group Ltd. are leveraging their expertise and global reach to penetrate the Indian market. Simultaneously, domestic players like Hebei Sanyuanjiuqi Fertilizer Co. Ltd. and Zhongchuang Xingyuan Chemical Technology Co. Ltd. are capitalizing on their understanding of local market dynamics. New entrants like those backed by New Mountain Capital (Florikan) also signal the market's attractiveness. Future market success will hinge on factors such as product innovation, strategic partnerships, and effective marketing strategies that address farmer concerns and highlight the long-term value proposition of CRFs. This includes investments in R&D to develop CRFs tailored to specific Indian soil conditions and crop requirements. The market presents promising opportunities for companies that can successfully navigate the complexities of this dynamic agricultural landscape. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

India Organic Fertilizer Market was valued at USD 432.21 Million in 2024 and is expected to reach USD 670.85 Million by 2030 with a CAGR of 7.56% during the forecast period.

In India Fertilizer Market, The Government has been encouraging Indian Companies to establish Joint Ventures abroad in Countries which are rich in fertilizer resources for production facilities with buy-back arrangements and to enter into long term agreement for the supply of fertilizers and fertilizer inputs to India.

The India Controlled Release Fertilizer Market is segmented by Coating Type (Polymer Coated, Polymer-Sulfur Coated, Others) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

India fertilizers market is valued at USD 44 billion, driven by rising food demand, government subsidies, and sustainable practices like biofertilizers, with key growth in Uttar Pradesh and Punjab.

National Fertilizers Limited, one of India's largest Central Public Sector Enterprises, was the leading fertilizer company in India based on net sales worth over *** billion Indian rupees as of November 2024. This was followed by Coromandel International, which ranked in second place with net sales of over *** billion Indian rupees. Agro fertilizer production and consumption With increasing soil infertility, the demand for chemical fertilizers has been on the rise and is considered a vital agriculture input. India uses many types of fertilizers, and most of the need is sufficed by domestic production. The production volume of complex fertilizers was the highest in financial year 2021 and has declined since then. Fertilizer imports Due to the higher consumption demand of certain fertilizers, India imports manufactured fertilizers. Imports of urea are further classified into industrial, non-agriculture, and technical grade. Due to a decrease in domestic diammonium phosphate (DAP) production, a large percentage of the DAP requirements are provided from China. This particular fertilizer is used to boost yields on rice, wheat, sugar cane, and cotton.