PUBLISHER: The Business Research Company | PRODUCT CODE: 1653143
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653143
Nitrogenous fertilizer refers to mineral and organic substances employed as a nitrogen source for plant nutrition. Its chemical composition is characterized by a higher percentage of nitrogen compared to other nutrients. Nitrogen in fertilizers used in crop production commonly exists in the form of nitrate, ammonia, ammonium, or urea.
The primary types of nitrogenous fertilizers include urea, ammonium nitrate, ammonium sulfate, calcium ammonium nitrate (CAN), and various other types. Urea, a crucial segment of nitrogenous fertilizers, is a chemical compound rich in nitrogen and is widely used in fertilizers and feed supplements. Urea stands out as a key nitrogenous fertilizer due to its high nitrogen content (46% N). These fertilizers play a significant role in the cultivation of cereals and grains, oilseeds and pulses, fruits and vegetables, and other crops. Both dry and liquid forms of nitrogenous fertilizers find application in various methods, including soil application, foliar application, fertigation, and other specialized applications.
The nitrogenous fertilizers market research report is one of a series of new reports from The Business Research Company that provides nitrogenous fertilizers market statistics, including nitrogenous fertilizer industry global market size, regional shares, competitors with a nitrogenous fertilizers market share, detailed nitrogenous fertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the nitrogenous fertilizer industry. This nitrogenous fertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The nitrogenous fertilizer market size has grown strongly in recent years. It will grow from $78.65 billion in 2024 to $84.56 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to population growth, growth in agricultral sector, farming mechanization, government subsidies, economic growth.
The nitrogenous fertilizer market size is expected to see strong growth in the next few years. It will grow to $121.24 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to rise in global food security, rising adoption of precision agriculture, rising crop rotation practices, infrastructure development. Major trends in the forecast period include customized fertilizer blends, carbon sequestration, nutrient management, organic and natural fertilizers.
The nitrogenous fertilizers market is witnessing growth propelled by the increasing demand for fertilizers. Fertilizers, containing chemical components essential for plant growth, play a crucial role in replenishing soil nutrients and enhancing fertility. Nitrogenous fertilizers, a widely utilized source of plant nitrogen nutrition, are experiencing rising demand. According to the United Nations Environment Program's report on the environmental and health impacts of pesticides and fertilizers, global demand for pesticides and fertilizers is expected to expand by approximately 4.1%, reaching USD 309 billion by 2025. This surge in fertilizer demand is anticipated to drive the nitrogenous fertilizers market during the forecast period.
The nitrogenous fertilizers market is poised for expansion due to the growing global population. With an increasing demand for food production to meet the needs of a growing population, higher agricultural yields become imperative. Nitrogenous fertilizers, crucial for enhancing crop productivity and quality, are expected to play a pivotal role in addressing the rising demand for agricultural output. Notably, the U.S. Census Bureau reported a 0.4% increase in the United States' resident population in September 2022, reaching 333,287,557. This demographic trend contributes to the heightened demand for nitrogenous fertilizers.
Nanotechnology is emerging as a significant trend in the nitrogenous fertilizers market. Defined as the study of science, engineering, and technology at the nanoscale, which ranges from 1 to 100 nanometers, nanotechnology is being leveraged by companies in the nitrogenous fertilizers sector. These companies are focusing on the use of nutrient-rich nanoparticles for the development and manufacturing of nanoscale nitrogenous fertilizers. Nano fertilizers offer various advantages over traditional fertilizers, such as improved soil fertility, enhanced crop yield and quality parameters, nontoxicity with lower risks to humans and the environment, cost-effectiveness, and increased profitability. For example, in February 2023, the Indian Farmers Fertiliser Cooperative Limited (IFFCO) announced that it had been granted a 20-year patent for a Nano Nitrogen-Phosphorus fertilizer. This innovative product is designed to optimize the effective utilization of nitrogen and phosphorus nutrients in crops, fostering sustainable and profitable farming practices. Its formulation signifies a major advancement in agricultural technology, with the goal of revolutionizing the industry by improving nutrient absorption and efficiency for enhanced crop yields.
Strategic partnerships are a significant approach adopted by major companies in the nitrogenous fertilizers market for plant expansion. This collaborative strategy involves leveraging strengths and resources to achieve mutual benefits. For example, in July 2023, Porto do Acu Ltd. in Brazil partnered with Toyo Setal, an engineering company, to develop a nitrogenous fertilizer production plant. The partnership aims to collaboratively structure, develop, and operate the plant, contributing to domestic production expansion.
In June 2024, Rapid Plant Nutrients LLC, a natural healthcare company based in the U.S., announced the acquisition of Bonus Crop Fertilizer Inc. for an undisclosed amount. The objective of this acquisition is to improve service capabilities, broaden geographical reach, and enhance supply chain efficiencies within the professional and consumer fertilizer markets. Bonus Crop Fertilizer Inc. is a U.S.-based chemical company that specializes in nitrogenous fertilizers.
Major companies operating in the nitrogenous fertilizer market include Sorfert Algeria Spa, OCI NV, Nutrien Ltd., Yara Fertilisers India Pvt Ltd., Central Farmers Fertilizer Company, Compo Expert Gmbh, Coromandel International Ltd., EuroChem Group AG, Indian Farmers Fertilizer Cooperative Ltd., Koch Industries Inc., Saudi Basic Industries Corp, Wilbur-Ellis LLC, Terra Nitrogen Company L.P., LSB Industries Inc., Shandong Hualu Hengsheng Chemical Co Ltd., Agrium Inc., Potash Corporation of Saskatchewan Inc., AgroLiquid, Agrofert Holding AS, Bunge Ltd., Fertiberia Sociedad Anonima, Haifa Chemicals Ltd., Israel Chemicals Ltd., Kali und Salz GmbH, The Mosaic Company, PhosAgro, Sinochem Hong Kong Holdings Ltd.
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 fertilizers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the nitrogenous fertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The nitrogenous fertilizers market consists of sales of calcium nitrate, calcium nitrate and anhydrous ammonia for use as fertilizers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Nitrogenous Fertilizer Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on nitrogenous fertilizer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for nitrogenous fertilizer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nitrogenous fertilizer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.