Global Nitrogenous Fertilizer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Ammonium Nitrate, Urea, Methylene Urea.

By Crop Type;

Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Turf & Ornamentals.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn131245719 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Nitrogenous Fertilizer Market (USD Million), 2020 - 2030

In the year 2023, the Global Nitrogenous Fertilizer Market was valued at USD 65,866.75 million. The size of this market is expected to increase to USD 100,354.73 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

Global nitrogenous fertilizer market is a vital segment of the larger agricultural industry, playing a crucial role in enhancing crop yields and ensuring food security worldwide. Nitrogenous fertilizers, primarily composed of ammonia, urea, and ammonium nitrate, are essential for providing plants with the necessary nitrogen nutrients for growth. These fertilizers are widely used across various crops, including cereals, oilseeds, and fruits, making them indispensable in modern agriculture.

The demand for nitrogenous fertilizers is driven by several factors, including the increasing global population, which necessitates higher food production, and the rising adoption of intensive farming practices to achieve higher yields per acre. The expansion of the agricultural sector in emerging economies, coupled with the need to improve soil fertility and crop quality, further fuels the demand for nitrogenous fertilizers.

The nitrogenous fertilizer market faces challenges such as environmental concerns regarding nitrogen runoff and greenhouse gas emissions from fertilizer production. As a result, there is a growing emphasis on sustainable agricultural practices and the development of eco-friendly fertilizers to mitigate these challenges and ensure the long-term viability of the nitrogenous fertilizer market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Crop Type
    3. Market Snapshot, By Region
  4. Global Nitrogenous Fertilizer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Population Growth and Food security
        2. Technological Advancements
        3. Expansion of Agricultural Land
        4. Government Support
      2. Restraints
        1. Environmental Concerns
        2. Volatility in Raw Material Prices
        3. Regulatory Constraints
        4. Competition from Organic Fertilizers
      3. Opportunities
        1. Technological Innovation
        2. Emerging Markets
        3. Focus on Sustainable Agriculture
        4. Vertical Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Nitrogenous Fertilizer Market, By Type, 2022 - 2032 (USD Million)
      1. Ammonium Nitrate
      2. Urea
      3. Methylene Urea
    2. Global Nitrogenous Fertilizer Market, By Crop Type, 2022 - 2032 (USD Million)
      1. Cereals
      2. Pulses & Oilseeds
      3. Fruits & Vegetables
      4. Turf & Ornamentals
    3. Global Nitrogenous Fertilizer Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Yara International ASA
      2. Nutrien Ltd.
      3. EuroChem Group AG.
      4. CF Industries Holdings Inc.
      5. PJSC Togliattiazot
      6. Koch Fertilizers, LLC
      7. OCI Nitrogen
      8. Sinofert Holdings Limited
      9. Coromandel International Ltd.
      10. URALCHEM Holding Plc.
  7. Analyst Views
  8. Future Outlook of the Market

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