Global Nitrogenous Fertilizer Market
Chemicals

Nitrogenous Fertilizer Market Overview: Market Size, Major Drivers And Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

Introduction: Nourishing Growth

  • The nitrogenous fertilizer market has witnessed substantial growth.
  • Market size set to reach $79.16 billion in 2024, with a CAGR of 7.8%.
  • Historic growth attributed to population expansion, agricultural sector growth, and government support.

 

A Fertile Future: Forecast and Trends

  • Projected market expansion to $109.37 billion in 2028, CAGR of 8.4%.
  • Factors driving forecast growth: global food security, precision agriculture, infrastructure development.
  • Key trends: customized blends, carbon sequestration, organic fertilizers.

 

Growing Demand For Fertilizers Fuels Nitrogenous Fertilizers Market

  • Fertilizers vital for enhancing agricultural productivity.
  • Nitrogenous fertilizers crucial for providing essential plant nutrition.
  • Global demand for pesticides and fertilizers set to increase significantly.
  • Rise in fertilizer demand expected to drive nitrogenous fertilizers market.

 

Key Players Shaping the Landscape

  • Major companies driving nitrogenous fertilizer market growth.
  • Includes Sorfert Algeria Spa, Nutrien Ltd., Yara Fertilisers India Pvt Ltd., among others.
  • Diverse portfolio of products and services cater to agricultural needs worldwide.

 

Read The Full Nitrogenous Fertilizer Market Report Here:
https://www.thebusinessresearchcompany.com/report/nitrogenous-fertilizer-global-market-report

 

Nanoscale For Enhanced Agricultural Benefits

  • Nanotechnology revolutionizing nitrogenous fertilizers.
  • Nanoparticles utilized for developing advanced fertilizers.
  • Nano fertilizers offer increased soil fertility, reduced environmental risks, and enhanced profitability.
  • Example: Introduction of Nano Urea Liquid by Indian Farmers Fertiliser Cooperative Limited.

 

Yara Acquired Ecolan To Develop And Supply Recycled Fertilizers

  • Yara’s acquisition of Ecolan aims at developing recycled and organic fertilizers.
  • Collaboration to leverage expertise in sustainable fertilizer production.
  • Ecolan’s contribution enhances Yara’s market presence and offerings.

 

Segmentation of the Nitrogenous Fertilizer Market

  • By Type: Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium ammonium nitrate (CAN), Others Types
  • By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others Crops
  • By Form: Dry, Liquid
  • By Application: Soil, Foliar, Fertigation, Other Applications

 

Asia-Pacific Leading the Charge

  • Asia-Pacific emerged as the largest region in the nitrogenous fertilizers market in 2023.
  • Expected to maintain growth momentum in the forecast period.
  • Rapid agricultural developments and increasing fertilizer demand drive regional expansion.

 

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The Nitrogenous Fertilizer Global Market Report 2024  provides an overview of the nitrogenous fertilizer market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The nitrogenous fertilizer market forecast analyzes nitrogenous fertilizer market size, nitrogenous fertilizer market share, leading competitor and their market positions.

 

The Table Of Content For The Nitrogenous Fertilizer Market Include:
1. Nitrogenous Fertilizer Market Executive Summary
2. Nitrogenous Fertilizer Market Segments
3. Nitrogenous Fertilizer Market Size And Nitrogenous Fertilizer Market Growth Rate
4. Key Nitrogenous Fertilizer Market Trends
5. Major Nitrogenous Fertilizer Market Drivers
……
25. Key Mergers And Acquisitions In The Nitrogenous Fertilizer Market
26. Top Nitrogenous Fertilizer Companies
27. Nitrogenous Fertilizer Market Opportunities And Strategies
28. Nitrogenous Fertilizer Market, Conclusions And Recommendations
29. Appendix

 

Explore Similar Reports From The Business Research Company:
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