Nitrogenous Fertilizer Market (By Product: Urea, Calcium Ammonium Nitrate, Methylene Urea, Ammonia, Ammonium Sulfate, Ammonium Nitrate, Others, By Crop Type: Oilseeds and pulses, Fruits and vegetables, Cereals and grains, Others; By Form: Liquid, Dry, Others; By Mode of Application: Soil, Foliar, Fertigation, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global nitrogenous fertilizer market size was estimated at USD 60.86 billion in 2022 and it is expected to hit around USD 99.60 billion by 2032 with a registered CAGR of 5.10% from 2023 to 2032. U.S. nitrogenous fertilizer market size was valued at USD 10,760.5 million in 2022.
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Region-wise, Asia Pacific was the market leader in the global nitrogenous fertilizers market that captured a market share of around 62% in 2022. The presence of numerous economies that are highly dependent on agriculture is a major reason behind the burgeoning demand for the nitrogenous fertilizers. The presence of huge agricultural lands along with the majority of the population engaged in agricultural activities has boosted the growth of the Asia Pacific nitrogenous fertilizer market. Asia Pacific has the world’s largest population and the various government initiatives to boost the agricultural yields and improve the condition of the farmers has led to the adoption of various policies under which the farmers were given easy loans at minimal or no interest rates and various other subsidies. Various countries like China, India, Myanmar, Philippines, and Indonesia are some of the major agriproducts manufacturers. Therefore, the demand for the nitrogenous fertilizers is primarily driven by these economies in the Asia Pacific region. Moreover, the rising initiatives by the local companies to educate and aware the farmers regarding the accurate and proper use of fertilizers is another major factor that is fueling the volume of yields and driving the demand for the nitrogenous fertilizers across Asia Pacific region.
Europe captured the second place in the global nitrogenous fertilizer market and is expected to grow at a significant CAGR of 5.4% during the forecast period. The rising focus of the European nations towards improving agriculture and the upgradation of the nitrate plants in Europe has significantly driven the growth of the Europe nitrogenous fertilizer market. However, the growing demand for the organic food across Europe is expected to be a major restraint that may hamper the growth of the nitrogenous fertilizer market in Europe.
The rising popularity of the commercial agriculture is a primary driver of the global nitrogenous fertilizer market. With the rising population, the demand for the food products is increasing rapidly across the globe. The nitrogenous fertilizers help to provider necessary nutrition to the crops and improve yields, which is boosting the demand for the nitrogenous fertilizers across the globe. The rising applications of the nitrogenous fertilizers across various agricultural products such as cereals, cottons, fruits, and vegetables are fostering the market growth significantly. There is a seasonal demand for the nitrogenous crops as there are many seasonal crops. The production levels of the crops are majorly affected by the climate, which drives the supply and demand for the nitrogenous fertilizers depending on the season.
The nitrogenous fertilizers are adopted to boost yields and the majority of the crops that are cultivated across the globe utilizes fertilizers. The nitrogenous fertilizers are extensively available in the form of ammonium sulfate, calcium ammonium nitrate, urea, and ammonia. These variations of the nitrogenous fertilizers help in the faster growth of the plants by offering essential nutrient and nitrogen to the plants. The key raw materials used for manufacturing nitrogenous fertilizers include nitrogen and hydrogen. Nitrogen plays and important role in photosynthesis that allows the plants to produce food from sunlight.
The growing demand for the nitrogenous fertilizers from the emerging economies is expected to boost the growth of the nitrogenous fertilizer market in the forthcoming years. The rising awareness among the farmers regarding the accurate use of chemicals and fertilizers in agricultural fields is significantly driving the growth of the nitrogenous fertilizer market. Furthermore, the domestic and local companies of nitrogenous fertilizers are providing services regarding the nutrients requirements and technology to the farmers, which plays a crucial role in increasing the sales of the nitrogenous fertilizers across the globe.
The rapid urbanization and rapid industrialization of the regions across the globe is shrinking the agricultural lands. Therefore, it has now become necessary for the agricultural industry to produce higher yields from the lower available agricultural lands. Hence, the demand for the nitrogenous fertilizers is rising significantly across the globe to ensure higher crop yields that may fulfill the food requirements of the global population. Moreover, the various government subsidies offered to the farmers in the developing economies like India is expected to have a positive and significant impact on the market growth during the forecast period.
| Report Coverage | Details |
| Market Size by 2032 | USD 99.60 Billion |
| Growth Rate from 2023 to 2032 |
CAGR of 5.10% |
| Asia Pacific Market Share in 2022 | 62% |
| Urea Segment Market Share in 2022 | 40% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Product, Crop Type, Form, Mode of Application, Geography |
| Companies Mentioned | Yara International ASA, Bunge Ltd., OCI Nitrogen, Kynoch Fertilizer, Omnia Holdings Limited, Sorfert, Triomf SA, ICL Fertilizers, Eurochem Group, Nutrien Ltd., CF Industries Holdings Inc. |
Based on the product, the urea segment garnered a revenue share of around 40% and dominated the global nitrogenous fertilizer market in 2022. This growth is attributed to the extensively usage and rising popularity of urea. The high nitrogen content and low cost of urea are the major factors that has significantly boosted the growth of the urea segment across the globe. Urea has around 46 % of nitrogen content and is applied to the bare soil. Extensive usage of urea may harm the growth of the seeds and hence, proper knowledge regarding the use of urea is necessary.
Ammonia segment captured a revenue share of 22% in 2022 and was the second largest segment in the market. The higher leaching loss resistance and higher solubility are the crucial features of ammonia that has spurred the demand for ammonia among the farmers across the globe. Ammonia can either be applied directly to the soil surface or it can be mixed with other fertilizers and used to get desired results. Ammonia is said to be the foundation of the nitrogen in the global fertilizer industry.
Based on the crop type, the cereals and grains segment dominated the market, accounting for around 45% of the market share in 2022. Cereals and grains are the most cultivated and the most consumed crops across the globe. It requires utmost care for generating higher yields and increase profitability of the farmers. Therefore, the demand for the nitrogenous fertilizers is higher for the cultivation of cereals and grains. Urea, ammonium nitrate, and anhydrous ammonia are some of the most preferred fertilizers used in yielding the cereals and grains.
The oilseed and pulses segment accounted for second largest market share and is expected to grow at a CAGR of around 4.8% from 2023 to 2032. The growing needs for enhancing the germination of seeds and ensuring the adequate growth of the pulse canopies is anticipated to augment the demand for the nitrogenous fertilizers during the forecast period.
Key Market Developments
Segments Covered in the Report
By Product
By Crop Type
By Form
By Mode of Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Nitrogenous Fertilizer Market
5.1. COVID-19 Landscape: Nitrogenous Fertilizer Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Nitrogenous Fertilizer Market, By Product
8.1. Nitrogenous Fertilizer Market, by Product Type, 2023-2032
8.1.1. Urea
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Calcium Ammonium Nitrate
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Methylene Urea
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Ammonia
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Ammonium Sulfate
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Ammonium Nitrate
8.1.6.1. Market Revenue and Forecast (2020-2032)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Nitrogenous Fertilizer Market, By Crop Type
9.1. Nitrogenous Fertilizer Market, by Crop Type, 2023-2032
9.1.1. Oilseeds and pulses
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Fruits and vegetables
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Cereals and grains
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Nitrogenous Fertilizer Market, By Form Type
10.1. Nitrogenous Fertilizer Market, by Form Type, 2023-2032
10.1.1. Liquid
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Dry
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Others (Granular and Pelleted)
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Nitrogenous Fertilizer Market, By Mode of Application
11.1. Nitrogenous Fertilizer Market, by Mode of Application, 2023-2032
11.1.1. Soil
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Foliar
11.1.2.1. Market Revenue and Forecast (2020-2032)
11.1.3. Fertigation
11.1.3.1. Market Revenue and Forecast (2020-2032)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Nitrogenous Fertilizer Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2020-2032)
12.1.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.1.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.1.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2020-2032)
12.1.6.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2020-2032)
12.2.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.2.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.2.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
12.2.6.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2020-2032)
12.2.7.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2020-2032)
12.2.8.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2020-2032)
12.3.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.3.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.3.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
12.3.6.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2020-2032)
12.3.7.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2020-2032)
12.3.8.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2020-2032)
12.4.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.4.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.4.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
12.4.6.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2020-2032)
12.4.7.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2020-2032)
12.4.8.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2020-2032)
12.5.5.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2020-2032)
12.5.6.2. Market Revenue and Forecast, by Crop Type (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Form Type (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Mode of Application (2020-2032)
Chapter 13. Company Profiles
13.1. Yara International ASA
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Bunge Ltd.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. OCI Nitrogen
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Kynoch Fertilizer
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Omnia Holdings Limited
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Sorfert
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Triomf SA
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. ICL Fertilizers
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Eurochem Group
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Nutrien Ltd.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. CF Industries Holdings Inc.
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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