Summary

Nitrogenous Fertilizer Market Size
The global nitrogenous fertilizer market size was valued at $100.30 billion in 2024 and is projected to reach $151.38 billion by 2030, growing at a CAGR of 7.1% during the forecast period.

Nitrogenous Fertilizer Market Overview
Nitrogenous fertilizers are essential agrochemicals designed to enrich the soil with nitrogen compounds, crucial for optimal plant growth and development. Comprising substances like ammonia, urea, and ammonium nitrate, these fertilizers serve as vital nutrients that plants require for fundamental biological processes. Nitrogen plays a pivotal role in the formation of proteins, enzymes, and chlorophyll, influencing overall plant vigor and productivity. Farmers apply nitrogenous fertilizers to enhance crop yields and address soil nitrogen deficiencies, contributing significantly to global agriculture. The nitrogenous fertilizer market plays a pivotal role in global agriculture by contributing to the enhancement of crop yields and overall food production.

Nitrogenous Fertilizer Market Dynamics
• The nitrogenous fertilizer market is expected to witness significant growth in the future due to the growing global population and food demand and intensification of agricultural practices.
• Additionally, the significant scope for digital farming and increasing global investments in the fertilizers industry are the prominent factors driving the growth of the nitrogenous fertilizer market.
• However, environmental concerns, regulatory challenges, and volatility in raw material prices are restraining the market growth.
• On the contrary, technological advancements and innovation, sustainable and environmentally friendly fertilizer solutions, and research and development for novel nitrogenous fertilizers are creating opportunities for market growth.

Impact of COVID-19 on the Nitrogenous Fertilizer Market
The initial disruptions in the supply chain, stemming from lockdowns and restrictions on movement, led to uncertainties in the availability and distribution of nitrogenous fertilizers. The economic downturn triggered by the pandemic also influenced farmers' purchasing power and investment decisions, affecting the demand for fertilizers. Furthermore, the global shift in priorities towards health and safety measures diverted attention and resources away from agriculture. On the positive side, the pandemic highlighted the critical role of agriculture in ensuring food security, prompting increased awareness and investments in the sector. As economies recovered and adapted to the new normal, the nitrogenous fertilizer market rebounded, driven by a renewed focus on sustainable agriculture practices and innovations that address the environmental concerns associated with fertilizer use.

By Product, the Urea Segment is projected to show a Significant Growth Rate in the Nitrogenous Fertilizer Market
The urea segment is projected to show a significant growth rate in the nitrogenous fertilizer market during the forecast period. Urea, a highly concentrated nitrogen fertilizer, is favored for its versatility and cost-effectiveness. Its high nitrogen content makes it an efficient source for delivering essential nutrients to plants, promoting robust growth, and maximizing crop yields. Moreover, urea is a widely applicable fertilizer across various crops, including cereals, grains, and oilseeds, contributing to its widespread adoption. The simplicity of urea application and its compatibility with different soil types further enhance its popularity among farmers. Additionally, the relative stability in urea prices compared to other nitrogenous fertilizers makes it an attractive choice for agricultural producers, especially in regions with price-sensitive markets. The demand for urea is also driven by its role in supporting the intensification of agricultural practices to meet the growing global food demand. As a result, the urea segment continues to play a pivotal role in fulfilling the diverse and expanding needs of the agriculture sector within the nitrogenous fertilizer market.

By Geography, Asia Pacific Holds the Dominant Position in the Market Revenue
Asia Pacific region holds the dominant position in the market revenue due to a combination of factors related to its agricultural landscape and demographic trends. With a large and growing population, the need for increased food production is paramount in this region. The majority of countries in the Asia Pacific heavily rely on agriculture as a significant contributor to their economies, and as a result, there is a continuous push for higher crop yields to meet the rising demand for food. Intensive agricultural practices, including multiple cropping seasons and a focus on high-yield varieties, further amplify the need for nitrogenous fertilizers. Moreover, the region's diverse climatic conditions and soil types often require specific nutrient supplementation, making nitrogen an essential component for optimal plant growth. Rapid industrialization and urbanization have led to changes in land use patterns, necessitating efficient fertilization to maintain agricultural productivity. The combination of these factors underscores the sustained and robust demand for nitrogenous fertilizers in the Asia Pacific region.

Key Target Audience:
• Farmers and Agricultural Producers
• Nitrogenous Fertilizer Manufacturers
• Distributors and Supply Chain Partners
• Agricultural Research Institutions
• Government and Regulatory Bodies
• Environmental Agencies
• Investors and Financial Institutions
• Trade Associations and Industry Groups
• Consumers of Agricultural Products

List of the Key Players Profiled in the Report Includes:
• CF Industries Holdings Inc.
• Eurochem Group AG
• Yara International
• Coromandel International Limited
• Sorfert
• Bunge Ltd.
• ICL Fertilizers
• Koch Fertilizer, LLC
• Notore Chemical Industries Plc
• Rolfes Agri (Pty) Ltd.
• Nutrien Ltd.
• Hellagrolip SA

Recent Developments:
• In June 2022, Yara and the Japan Bank for International Cooperation (JBIC), a Japanese policy-based financial institution, entered into a Memorandum of Understanding (MoU) to enhance collaboration in the realm of clean ammonia. The objective is to bolster Japanese companies' initiatives for business expansion in line with the realization of a decarbonized society. Through this strategic cooperation outlined in the MoU, JBIC and Yara aim to expedite the development of projects focused on establishing a fuel ammonia supply chain.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product:
• Ammonia
• Ammonium Nitrate
• Ammonium Sulfate
• Calcium Ammonium Nitrate
• Methylene Urea
• Urea

Market by, Crop Type:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other Crop Types

Market by, Geography:
The nitrogenous fertilizer report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

What can be explored with this research report:
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

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Table of Contents

1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations

2 Executive Summary

3 Research Methodology

4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on Nitrogenous Fertilizer Market

5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market

6 Global Nitrogenous Fertilizer Market by, Product
6.1 Overview
6.2 Ammonia
6.3 Ammonium Nitrate
6.4 Ammonium Sulfate
6.5 Calcium Ammonium Nitrate
6.6 Methylene Urea
6.7 Urea

7 Global Nitrogenous Fertilizer Market by, Crop Type
7.1 Overview
7.2 Cereals & Grains
7.3 Oilseeds & Pulses
7.4 Fruits & Vegetables
7.5 Other Crop Types

8 Global Nitrogenous Fertilizer Market by, Geography
8.1 Overview
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 New Zealand
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 Qatar
8.6.4 Iran
8.6.5 South Africa
8.6.6 Rest of Middle East & Africa

9 Key Developments

10 Company Profiling
10.1 CF Industries Holdings Inc.
10.1.1 Business Overview
10.1.2 Product/Service Offering
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Activities
10.2 Eurochem Group AG
10.3 Yara International
10.4 Coromandel International Limited
10.5 Sorfert
10.6 Bunge Ltd.
10.7 ICL Fertilizers
10.8 Koch Fertilizer, LLC
10.9 Notore Chemical Industries Plc
10.10 Rolfes Agri (Pty) Ltd.
10.11 Nutrien Ltd.
10.12 Hellagrolip SA