2025-2034 Growth Prospects of the Nitrogenous Fertilizer Market: Key Trends and Opportunities Analyzed
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Significant is the Anticipated Growth Rate of the Nitrogenous Fertilizer Market from 2025 to 2034?
In the past years, the size of the nitrogenous fertilizer market has seen a robust expansion. Currently valued at $78.65 billion in 2024, it is projected to grow to $84.56 billion in 2025, calculating a compound annual growth rate (CAGR) of 7.5%. The historic growth is influenced by factors such as population increase, advancements in the agricultural industry, mechanization of farming, government incentives, and overall economic growth.
The market size for nitrogenous fertilizers is predicted to experience considerable expansion in the forthcoming years. It is projected to reach a value of $121.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this increase during the projected period include the need for global food security, the increasing use of precision agriculture, the growth of crop rotation strategies, and infrastructure development. Significant trends during this period comprise personalized fertilizer combinations, carbon captive, nutrient control, along with organic and natural fertilizers.
Which Macro and Microeconomic Factors Are Accelerating the Growth of the nitrogenous fertilizer Market?
The growth of the nitrogenous fertilizers market is being propelled by the escalating need for fertilizers. Fertilizers, substances rich in chemical compounds, aid in plant growth and productivity. The requirement for these essential substances is on a steady rise because they can replenish the soil’s chemical elements depleted by previous crop cycles or enhance the natural fertility of the land. Nitrogenous fertilizers are the most prevalent form of plant nitrogen nutrition. For example, a report on the “Environmental and health consequences of pesticides and fertilizers and methodologies for reducing them” from the United Nations Environment Program indicated a significant global upsurge in demand, production, and consumption of pesticides and fertilizers in recent decades. By 2025, global sales of these products taken together are projected to experience approximately 4.1% growth, amounting to USD 309 billion. As a result, an upswing in fertilizer demand is projected to stimulate the nitrogenous fertilizers market’s growth during the projected timeline.
Request Your Free Nitrogenous Fertilizer Market Report Sample Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=7189&type=smp
Who Are the Dominant Players Pushing the Boundaries of the Nitrogenous Fertilizer Market?
Major companies operating in the nitrogenous fertilizer market include:
• Sorfert Algeria Spa_x000D_
• OCI NV_x000D_
• Nutrien Ltd._x000D_
• Yara Fertilisers India Pvt Ltd._x000D_
• Central Farmers Fertilizer Company_x000D_
How Are Market Trends Revolutionizing the Nitrogenous Fertilizer Industry in Recent Times?
Nanotechnology is emerging as an important trend in the nitrogenous fertilizers industry. It encompasses the scientific, engineering, and technological analysis at a minuscule level, ranging between 1 and 100 nanometers. Nitrogenous fertilizer enterprises are channeling their efforts on integrating nutrient-dense nanoparticles for the creation and production of nanoscale nitrogenous fertilizers. Compared to conventional fertilizers, nano fertilizers present a host of benefits, including improved soil fertility and crop quality parameters, less toxicity, decreased human and environmental risks, cost-effectiveness, and higher profitability. In February 2023, the Indian Farmers Fertiliser Cooperative Limited (IFFCO) received a 20-year patent for their Nano Nitrogen-Phosphorus fertilizer. This product aims to improve the efficient use of nitrogen and phosphorus nutrients in crops, thereby fostering sustainable and lucrative agricultural methods. It’s unique formulation marks a critical milestone in agricultural technology, with the potential to transform the industry through enhancing nutrient uptake and efficacy, resulting in superior crop yield.
Pre-order Your Report for Quick and Easy Delivery!
https://www.thebusinessresearchcompany.com/report/nitrogenous-fertilizer-global-market-report
What Are the Core Categories and Segments in the Nitrogenous Fertilizer Market Driving Demand and Growth?
The nitrogenous fertilizer market covered in this report is segmented –
1) By Type: Urea, Ammonium Nitrate, Ammonium Sulfate, Calcium ammonium nitrate (CAN), Others Types
2) By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others Crops
3) By Form: Dry, Liquid
4) By Application: Soil, Foliar, Fertigation, Other Applications
Subsegments:
1) By Urea: Granular Urea, Prilled Urea, Liquid Urea
2) By Ammonium Nitrate: Granular Ammonium Nitrate, Liquid Ammonium Nitrate, Ammonium Nitrate Solution
3) By Ammonium Sulfate: Granular Ammonium Sulfate, Liquid Ammonium Sulfate
4) By Calcium Ammonium Nitrate (CAN): Granular CAN, Liquid CAN
5) By Other Types: Sodium Nitrate, Potassium Nitrate, Mixed Fertilizers, Organic Nitrogen Fertilizers
Which Geographic Areas Are Influencing the Growth of the Nitrogenous Fertilizer Market?
Asia-Pacific was the largest region in the nitrogenous fertilizers market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the nitrogenous fertilizer market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Are the Core Features That Define the Nitrogenous Fertilizer Market?
Nitrogenous fertilizer refer to mineral and organic substances utilized as a source of nitrogen nutrition for plants. It comprises a chemical composition in which nitrogen makes up a higher percentage than any other nutrient. Nitrogen is present in fertilizers frequently used in crop production as nitrate, ammonia, ammonium, or urea.
Browse Through More Similar Reports By The Business Research Company:
Ethylene Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/ethylene-global-market-report
Ethylene-Petrochemicals Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/ethylene-petrochemicals-global-market-report
Genetically Modified Crops Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/genetically-modified-crops-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: