
India Fertilizer Market Research Report: Forecast (2025-2030)
India Fertilizer Market - By Product (Complex Fertilizers, Straight Fertilizers {Nitrogenous Fertilizers [Urea, Calcium Ammonium Nitrate, Ammonium Nitrate, Ammonium Sulfate, Anhydr...ous Ammonia, Others], Phosphatic Fertilizers [Mono-Ammonium Phosphate, Di-Ammonium Phosphate, Single Super Phosphate, Triple Super Phosphate, Others], Potash Fertilizers [Muriate of Potash, Sulfate of Potash], Secondary Macronutrient Fertilizers [Calcium Fertilizers, Magnesium Fertilizers, Sulfur Fertilizers], Micronutrient Fertilizers, [Zinc, Manganese, Copper, Iron, Boron, Molybdenum, Others]}), By Type (Chemical Fertilizers, Bio Fertilizers), By Form (Dry, Liquid), By Crop Type (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Flowers and Ornamentals, Others), By Application (Fertigation, Foliar, Banding, Drip Irrigation) and Others, Read more
- Environment
- Jan 2025
- 117
- PDF, Excel, PPT
Market Definition
Fertilizers include all substances mixed in plant soil to supply plants with the necessary nutrients for better growth and development. These encompass phosphorus, nitrogen, potassium, and many others required by plants. Fertilizers have been used in gardening and agriculture to enhance soil fertility and boost plant growth, thereby increasing crop yields.
Market Insights & Analysis: India Fertilizer Market (2025-30):
India Fertilizer Market size was valued at around USD 10.8 Billion in 2024 and is projected to reach USD 14 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.2% during the forecast period, i.e., 2025-30. India's Fertilizer market is increasing due to the growing demand for fertilizers to enhance agricultural productivity. Agriculture production has seen steady growth from the 1970s to 2023. Now India produces USD 329.7 million tons of grain annually, making it one of the largest agricultural producers around the globe. India stands as the second largest producer and consumer of fertilizer after China, in the world. Fertilizers such as urea, diammonium phosphate, and NPK (Nitrogen, phosphorus, and Potash), are responsible for increasing crop production and boost up soil productivity. As per the India Fertilizer Association, the total amount of fertilizer manufactured stands at about USD 41.8 million tons in 2024.
Report Coverage | Details |
---|---|
Historical Years | 2020-23 |
Base Years
|
2024
|
Forecast Years
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2025-30
|
Market Value in 2024 | USD 10.8 Billion |
Market Value in 2030 | USD 14 Billion |
CAGR (2025-30) | 4.2% |
Top Key Players | IFFCO, National Fertilizers Limited, Coromandel International, Chambal Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Limited, Zuari Agro Chemicals, Madras Chemical Fertilizers Limited, Tata Chemicals Limited, Nagarjuna Fertilizers and Chemicals Ltd., Deepak Fertilisers, ICL Group Ltd. and Others |
Key Report Highlights |
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Additionally, farming techniques and adopting modern agriculture practices boost the demand for fertilizer usage to have better crop yields and soil fitness, thereby driving India's fertilizer market growth. Modern farming methods are remodeling the agriculture industry by using information-pushed insights and sustainable farming alternatives. Integration of various farming techniques like precision farming, hydroponics, aquaponics, and vertical farming. Those methods boost performance, reduce waste, and offer sparkling and sustainable merchandise for consumers.
Another element augmenting the Indian fertilizer market is a boom in recognition of sustainable agricultural practices. Sustainable agriculture practices play a great function in preventing the release of chemical compounds within the surroundings and consequently, there has been a shift toward organic farming as it reduces the opportunity of environmental pollution and consequently minimizes the emission of greenhouse gases. The authority has undertaken numerous tasks selling chemical-free techniques like organic farming similar to selling the use of alternative fertilizers in agriculture. Therefore, the adoption of sustainable techniques of farming, powerful nutrient management being a key contributor, is what drives the Indian fertilizer industry growth.

India Fertilizer Market Driver:
Government Initiatives to Expand Fertilizer Production – The Indian authority has undertaken several measures to promote domestic fertilizer production to reduce its imports and meet all consumption requirements. Among these measures, the new investment policy (NIP), stimulates investment in the urea sector. According to India's new urea policy, six new urea plants have been established. Among these, four have been set up through joint ventures involving public sector agreements, while the remaining two have been established by private organizations. The government has also made 100% neem coating of subsidized agricultural Urea. It improves nutrient efficiency, enhances crop yield, and maintains soil health while preventing the diversion of urea for non-agricultural purposes.
Additionally, to support Indigenous fertilizers for agriculture, Potash Derived from Molasses (PDM), a fully domestically produced fertilizer, has been added under the Nutrient-Based Subsidy (NBS) scheme. Similarly, freight subsidies have been in place for Single Super Phosphate (SSP), since the Kharif season of 2022, to encourage its use as a phosphatic nutrient source. These have led to a significant rise in domestic fertilizer production. As per the fertilizer association in India, urea production increased from USD 13.8 million tons in 2021-22 to USD 15.7 million tons in 2022-23, thus indicating that government policies are effective in improving India's manufacturing capabilities of fertilizers and this is expected to continue over the forecast period as well.
India Fertilizer Market Opportunity:
Escalating Awareness of Sustainable Agriculture Practices – The growing awareness of sustainable agriculture is the biggest opportunity for the Indian fertilizer industry. More farmers and industry leaders are now focused on eco-friendly methods to improve soil health and increase crop productivity. This has increased demand for organic fertilizers, bio-fertilizers, and nutrient-efficient products with minimal environmental impact. The government has also introduced initiatives in the form of Paramparagat Krishi Vikas Yojana (PKVY). This initiative will reduce the usage of chemical fertilizers, adopt bio-fertilizers, and enhance effective nutrient management for crops. Another driver to this trend has been the growing need for organic food by consumers, further demanding a move toward a greener supply of farming inputs. The greater the awareness about sustainable farming, the more prepared and capable Indian Fertilizers stand to become towards attaining world-level environmental standards.
India Fertilizer Market Challenge:
Rising Cost of Raw Materials Used in Fertilizers – Rising costs, impact both farmers and the industry. A significant portion of fertilizers in India, including essential raw materials like potash and phosphates, is imported, making the sector vulnerable to global price fluctuations. Supply chain disruptions and geopolitical issues, cause fluctuations in prices of raw materials, resulting in increased fertilizer costs. Even though the government subsidizes fertilizers to ensure they reach affordability levels, the growing subsidy burden does strain costs. For instance, India has launched a budget of about USD 21 billion for fertilizer subsidies in 2023-24. Many farmers, however, still cannot afford fertilizers, especially when there are high prices of raw materials that are used to make fertilizers which affects their purchase costs and thus affects the growth & expansion of the industry.
India Fertilizer Market Trend:
Emerging Technological Advancements – The Indian fertilizer market is, in fact undergoing a transformation owing to technological innovations. Among its most important advances is biodegradable polymer-coated fertilizers. Such a fertilizer is impregnated with materials that may break down through natural processes and without the build-up of harmful residues on the soil. This reduces runoff and leaching of nutrients to lower water pollution and greenhouse gases. Biodegradable coatings provide regular nutrient release, ensuring that crop nutrients are constant at all growth stages of crops, thus increasing and making the crop yields higher and safer, leading to better agricultural productivity. It also minimizes the application of fertilizers, thereby saving farm, labor, and fertilizer application costs. Such developments are due to the increased focus on sustainable agriculture through productivity and environmental health. With biodegradable polymer-coated fertilizer, India can improve the efficiency of agriculture and satisfy the ever-growing demand for food in an environmentally friendly manner. This technology is a step forward in modernizing Indian agriculture.
India Fertilizer Market (2025-30): Segmentation Analysis
India fertilizer market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the national level. Based on the analysis, the market has been further classified as:
Based on Type:
- Organic Fertilizers
- Chemical Fertilizers
By type, chemical fertilizers are the most dominant in the Indian fertilizer market, accounting for a market share of around 40% due to their extensive use in agriculture. These fertilizers, including urea, diammonium phosphate, and muriate of potash, are necessary for increasing crop yields and meeting the growing food demand of a large population. Farmers prefer chemical fertilizers because they give instant and predictable results, enhancing crop productivity and the speed at which nutrients are released. They are widely applied in large-scale farming to enhance productivity and increase the demand for food grains and cash crops in the country. Consequently, soil fertility lowers gradually with the application of the chemical fertilizer, compelling farmers to seek more and more external inputs.
Based on Crop Type:
- Grains & Cereals
- Pulses and Oilseeds
- Fruits & Vegetables
- Flowers and Ornamentals
- Others
Based on the crop type segment, grains & cereals have the largest market share of around 40% based on the fact India is the second largest manufacturer of rice, wheat, and others. The global demand for Indian cereal exports, particularly grains and cereals, is steadily increasing. Wheat, paddy, sorghum, millets, barley, and maize are most of the most vital cereals. Cereals are grown in tropical lowlands in all seasons and temperate climates for the duration of the frost-free season. They are produced in large quantities and serve as major food items throughout the globe than other crops and contain excessive nutrients, proteins, carbohydrates, minerals, fats, and oil. Therefore, it increases fertilizer demand.
India Fertilizer Industry Recent Development:
- January 2023: ICL entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.
Gain a Competitive Edge with Our India Fertilizer Market Report
- India Fertilizer Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps business organizations to gain a holistic understanding of market dynamics & make informed decisions.
- This report also highlights current market trends & future projections, allowing business organizations to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
- India fertilizer Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, business organizations can develop strategies to minimize risks & optimize their operations.
*Report s Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Frequently Asked Questions
- Market Segmentation
- Research Methodology
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- India Fertilizer Market Trends & Development
- India Fertilizer Market Industry Dynamics
- Drivers
- Challenges
- India Fertilizer Import & Export Analysis, 2020-2024
- India Fertilizer Market Hotspot & Opportunities
- India Fertilizer Market Policies, Regulations and Product Standards
- India Fertilizer Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Product
- Complex Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Straight Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Nitrogenous Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Urea- Market Size & Forecast 2020-2030, Thousand Tons
- Calcium Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
- Ammonium Nitrate- Market Size & Forecast 2020-2030, Thousand Tons
- Ammonium Sulfate- Market Size & Forecast 2020-2030, Thousand Tons
- Anhydrous Ammonia- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
- Phosphatic Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Mono-Ammonium Phosphate (MAP) - Market Size & Forecast 2020-2030, Thousand Tons
- Di-Ammonium Phosphate (DAP) - Market Size & Forecast 2020-2030, Thousand Tons
- Single Super Phosphate (SSP) - Market Size & Forecast 2020-2030, Thousand Tons
- Triple Super Phosphate (TSP) - Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
- Potash Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Muriate of Potash (MoP) - Market Size & Forecast 2020-2030, Thousand Tons
- Sulfate of Potash (SoP) - Market Size & Forecast 2020-2030, Thousand Tons
- Secondary Macronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Calcium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Magnesium Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Sulfur Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Micronutrient Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Zinc- Market Size & Forecast 2020-2030, Thousand Tons
- Manganese- Market Size & Forecast 2020-2030, Thousand Tons
- Copper- Market Size & Forecast 2020-2030, Thousand Tons
- Iron- Market Size & Forecast 2020-2030, Thousand Tons
- Boron- Market Size & Forecast 2020-2030, Thousand Tons
- Molybdenum- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
- Nitrogenous Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- By Type
- Chemical Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- Bio Fertilizers- Market Size & Forecast 2020-2030, Thousand Tons
- By Form
- Dry- Market Size & Forecast 2020-2030, Thousand Tons
- Liquid- Market Size & Forecast 2020-2030, Thousand Tons
- By Crop Type
- Grains and Cereals- Market Size & Forecast 2020-2030, Thousand Tons
- Pulses and Oilseeds- Market Size & Forecast 2020-2030, Thousand Tons
- Fruits and Vegetables- Market Size & Forecast 2020-2030, Thousand Tons
- Flowers and Ornamentals- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
- By Application
- Fertigation- Market Size & Forecast 2020-2030, Thousand Tons
- Foliar- Market Size & Forecast 2020-2030, Thousand Tons
- Banding- Market Size & Forecast 2020-2030, Thousand Tons
- Drip Irrigation- Market Size & Forecast 2020-2030, Thousand Tons
- By Region
- North
- South
- East
- West
- By Company
- Competition Characteristics
- Company Share & Analysis
- By Product
- Market Size & Analysis
- India Chemical Fertilizer Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Product- Market Size & Forecast 2020-2030, Thousand Tons
- By Form- Market Size & Forecast 2020-2030, Thousand Tons
- By Crop Type- Market Size & Forecast 2020-2030, Thousand Tons
- By Application- Market Size & Forecast 2020-2030, Thousand Tons
- Market Size & Analysis
- India Bio-Fertilizer Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenue (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Product- Market Size & Forecast 2020-2030, Thousand Tons
- By Form- Market Size & Forecast 2020-2030, Thousand Tons
- By Crop Type- Market Size & Forecast 2020-2030, Thousand Tons
- By Application- Market Size & Forecast 2020-2030, Thousand Tons
- Market Size & Analysis
- India Fertilizer Market Key Strategic Imperatives for Growth & Success
- Competitive Outlook
- Company Profiles
- IFFCO
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- National Fertilizers Limited
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Coromandel International
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Chambal Fertilisers and Chemicals Ltd.
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Rashtriya Chemicals and Fertilizers Limited (RCF)
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Zuari Agro Chemicals
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Madras Fertilizers Limited (MFL)
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Tata Chemicals Limited
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Nagarjuna Fertilizers and Chemicals Ltd.
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Deepak Fertilisers
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- ICL Group Ltd.
- Business Description
- Type Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- IFFCO
- Company Profiles
- Disclaimer
