The India Fertilizers Market Report is Segmented by Type (Complex and Straight), by Form (Conventional and Specialty), by Application Mode (Fertigation, and More) and by Crop Type (Field Crops, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

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.

The India Organic Fertilizers Market Report is Segmented by Form (Manure, Meal-Based Fertilizers, and More) and Crop Type (Cash Crops, Horticultural Crops, and Row Crops). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Fert and Chem had a market capitalization of around ****** billion Indian rupees and was the leading fertilizer company across India based on market capitalization value as of January 2025. Coromandel International was India's second-largest fertilizer manufacturer based on market capitalization.

The India Specialty Fertilizer Market Report is Segmented by Speciality Type (CRF, Liquid Fertilizer, SRF, and Water Soluble), by Application Mode (Fertigation, Foliar, and Soil), and by Crop Type (Field Crops, Horticultural Crops, and Turf and Ornamental). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

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 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%.

In 2024, the Indian mixed fertilizer market decreased by -16.4% to $7.8B, falling for the second year in a row after two years of growth. In general, consumption, however, posted a slight increase. As a result, consumption reached the peak level of $12.4B. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

Discover trends shaping India’s fertilizer industry, from digital adoption and policy reforms to sustainability and future agri-input growth.

The India Controlled Release Fertilizer Market Report is Segmented by Coating Type (Polymer Coated, Polymer-Sulfur Coated, and Others), Crop Type (Field Crops, Horticultural Crops, and Turf and Ornamental). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

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Liquid Fertilizer Market Size 2024-2028

The liquid fertilizer market size is forecast to increase by USD 2.35 billion at a CAGR of 3.57% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for nutrient-rich fertilizers that address issues of soil erosion and soil pollution. Nitrogen-based fertilizers, particularly those containing NPK (Nitrogen, Phosphorus, and Potassium), remain popular choices for farmers. However, concerns over water pollution from phosphates and nitrates, as well as the presence of heavy metals in fertilizers, have led to stricter regulations on their handling, storage, and transportation. To meet these regulations, there is a growing trend towards high-efficiency fertilizers that minimize nutrient runoff and reduce the risk of eutrophication and soil contamination. This report provides a comprehensive analysis of market trends, growth drivers, and challenges in the liquid fertilizer industry.

What will be the Size of the Market During the Forecast Period?

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The market has witnessed significant growth due to the increasing demand for high-value crops, such as fruits and vegetables, and the need to address micronutrient deficiencies in various crops. Liquid fertilizers offer several advantages over traditional solid fertilizers, including faster absorption by plant foliage and better compatibility with irrigation systems, including sprinklers. Farmers in the US have been turning to liquid fertilizers to improve the quality of their crops and ensure optimal yields. Fruit crops, such as tomatoes, potatoes, onions, cabbage, and cauliflower, particularly benefit from the use of liquid fertilizers, as they enable farmers to address specific nutrient deficiencies and provide a more consistent nutrient supply to the plants.
However, the adoption of liquid fertilizers is not without challenges. Concerns regarding potential toxicity and environmental pollution have arisen due to the use of certain liquid fertilizers. Therefore, it is essential for farmers to choose liquid fertilizers that have been tested for safety and are free from harmful contaminants. The market in the US is expected to continue growing. The growth of the market can be attributed to the increasing demand for high-quality fruits and vegetables, the need to address micronutrient deficiencies, and the compatibility of liquid fertilizers with modern irrigation systems.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Cereals and grains
  Oilseeds and pulses
  Fruits and vegetables


Type

  Nitrogen
  Phosphate
  Potassium
  Micronutrients


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    France


  South America



  Middle East and Africa

By Application Insights

The cereals and grains segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the large-scale cultivation of cereals and grains, which accounted for the largest application segment in 2023. According to the Organization for Economic Co-operation and Development (OECD), the production of cereals is projected to increase by approximately 336 million tons over the next decade, with significant contributions from major grain-producing nations like India, Russia, and Ukraine for wheat, and the US, China, and Brazil for maize. This expansion in agricultural production is crucial to meet the growing demand for food, particularly in light of the anticipated population growth. However, the use of liquid fertilizers also raises concerns regarding environmental pollution.

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The cereals and grains segment was valued at USD 5.62 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 50% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region, home to over half of the world's population, is witnessing significant population growth and shifting food preferences, leading to an increased demand for high-yield crops, particularly in India and China. By 2050, APAC's population is projected to reach 5.3 billion, up from approximately 4.6 billion in 2021. This demographic shift is driving the need for advanced agricultural practices, including the use of liqui

The Indian NPK fertilizer market dropped markedly to $1.8B in 2024, waning by -15.1% against the previous year. Overall, consumption, however, showed a remarkable increase. Consumption peaked at $2.2B in 2023, and then contracted significantly in the following year.

Discover insights into the Asia-Pacific Nano Fertilizer Market, projected to grow at a CAGR of 16.5% from 2024-32, driven by rising food demand and sustainable agricultural practices across the region.

The global fertilizers market, valued at $209.54 billion in 2025, is poised for steady growth driven by rising food demand and agricultural modernization. Explore key trends, market segmentation (inorganic, organic, agriculture, horticulture), leading companies, and future projections in this comprehensive market analysis.

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Fertilizers Market Size 2025-2029

The fertilizers market size is forecast to increase by USD 24.7 billion, at a CAGR of 2.2% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for organic fertilizers and the adoption of high-efficiency fertilizers in the agriculture sector. Organic fertilizers are gaining popularity due to their environmental benefits and the growing consumer preference for sustainable farming practices. Meanwhile, high-efficiency fertilizers, which offer improved nutrient use efficiency and reduced environmental impact, are increasingly being adopted to enhance agricultural productivity. However, the market faces challenges, including health issues associated with fertilizer use. The potential health risks posed by excessive exposure to fertilizers, such as respiratory problems and skin irritation, are a concern for farmers and laborers. Furthermore, the volatility of raw material prices and the increasing regulatory pressure on fertilizer manufacturers to reduce their environmental footprint add complexity to the market landscape. To capitalize on opportunities and navigate these challenges, companies must focus on innovation, sustainability, and regulatory compliance. Strategic partnerships, research and development initiatives, and investments in technology can help companies differentiate themselves and stay competitive in this dynamic market.

What will be the Size of the Fertilizers Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe fertilizer market continues to evolve, driven by the ongoing quest for agricultural efficiency and sustainable practices. Natural and synthetic fertilizers play integral roles in enhancing crop yield and plant growth. Broadcast spreading and GPS guidance optimize fertilizer application, while nutrient management strategies consider the NPK ratio and root development. Water-soluble fertilizers and foliar feeding expedite nutrient uptake, and slow-release and granular fertilizers ensure consistent delivery. Fertilizer blending and soil testing are essential components of effective nutrient management. The use of inorganic and organic fertilizers, each with unique environmental impacts, necessitates careful consideration. Greenhouse gas emissions from fertilizer production and application are under scrutiny, necessitating ongoing research and innovation. Precision farming, including crop modeling, yield monitoring, and precision agriculture, is revolutionizing fertilizer application and distribution networks. Soil health and degradation are critical concerns, with the potential for water pollution and environmental damage underscoring the need for sustainable practices. Phosphate rock and potassium chloride are essential resources in fertilizer production, while ammonium nitrate and liquid fertilizers cater to various agricultural needs. Supply chain management and fertilizer distribution networks remain crucial for ensuring a steady supply of essential nutrients. In this dynamic market, the interplay of various factors—from crop production to environmental impact—continuously unfolds, necessitating ongoing research and adaptation. The future of fertilizer applications lies in the integration of technology, sustainability, and efficiency.

How is this Fertilizers Industry segmented?

The fertilizers industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeInorganicOrganicApplicationAgricultureHorticultureGardeningProduct TypeDryLiquidProductStraightComplexGeographyNorth AmericaUSCanadaEuropeFranceRussiaAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Type Insights

The inorganic segment is estimated to witness significant growth during the forecast period.The inorganic the market plays a pivotal role in contemporary agriculture, supplying necessary nutrients that substantially boost crop yield and quality. Inorganic fertilizers, consisting mainly of nitrogen, phosphorus, and potassium (NPK), are popular due to their quick availability to plants and their capacity to rectify specific nutrient shortages in the soil. The escalating global population necessitates increased food production, thereby fueling the demand for inorganic fertilizers. Key players in this sector include Yara International, CF Industries Holdings, and Nutrien Ltd. Yara International is recognized for its extensive line of nitrogen-based fertilizers, while CF Industries Holdings excels in the manufacturing and distribution of nitrogen fertilizers, such as ammonia, urea, and ammonium nitrate. Agricultural efficiency is a significant conce

The India organic fertilizer market is experiencing robust growth, driven by increasing awareness of environmental sustainability and the harmful effects of chemical fertilizers. Government initiatives promoting organic farming practices, coupled with rising consumer demand for organically produced food, are significant catalysts. A CAGR of 6.25% from 2019 to 2024 suggests a strong trajectory, and this momentum is expected to continue through 2033. While precise market size figures for 2019-2024 are unavailable, considering the average growth rate and the estimated 2025 market size (let's assume a reasonable value of ₹500 million for illustrative purposes, recognizing that this is an estimation), we can extrapolate a significant expansion. This growth is fueled by the rising adoption of organic farming techniques across various agricultural segments, particularly among smaller farmers who benefit from reduced input costs and increased soil health. The market is segmented by product type (e.g., compost, biofertilizers, vermicompost), application (e.g., field crops, horticulture), and region. Key players like Coromandel International Ltd and Gujarat State Fertilizers & Chemicals Ltd are expanding their organic fertilizer offerings, while smaller companies like GrowTech Agri Science Private Limited cater to niche segments. The market faces some restraints, including the higher cost of organic fertilizers compared to chemical alternatives and the need for greater awareness and education among farmers regarding proper application techniques. However, government subsidies and farmer support programs are expected to mitigate these challenges. The projected growth of the India organic fertilizer market indicates promising opportunities for investment and expansion. The increasing availability of organic fertilizers and improved supply chain infrastructure are likely to further enhance market accessibility. Future growth will likely be shaped by technological advancements in organic fertilizer production and the development of innovative products tailored to specific crop needs. The ongoing focus on sustainable agriculture and the government's commitment to supporting organic farming will play a critical role in determining the future trajectory of the market, with considerable growth expected in the forecast period from 2025-2033. Continuous innovation, diversification, and strategic partnerships are key factors for market success in this evolving landscape. Key drivers for this market are: Seed Treatment As A Solution To Enhance Yield, Growing Awareness For Seed Treatment Among The Farmers; Rising Trend Of Organic Farming. Potential restraints include: Limitations Across Farm-Level Seed Treatment, Rising Environmental Concerns. Notable trends are: Rising Prevalence of Insect-borne Diseases.

India Phosphatic Fertilizer Market was valued at USD 1.54 Billion in 2024 and is anticipated to reach USD 2.14 Billion with a CAGR of 5.68% through the forecast period.

Discover the booming Indian Sulphur Coated Urea (SCU) market forecast to 2029. This in-depth analysis reveals market size, growth drivers, regional trends, and key players, offering valuable insights for investors and industry stakeholders. Learn about the projected CAGR and the factors influencing demand for this vital fertilizer.

The Indian potassic fertilizer market fell slightly to $1.2B in 2024, with a decrease of -4.7% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $1.6B in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

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.