India Fertilizer Market Forecast 2030: Key Players and Emerging Trends

# India Fertilizer Market Forecast 2030: Key Players and Emerging Trends <h2>Future of India Fertilizer Market: Key Dynamics, Size & Share Analysis</h2> <a href="https://www.marknteladvisors.com/research-library/india-fertilizer-market.html">India Fertilizer Market</a> 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. <h3>Top Challenges Impacting the India Fertilizer Market Growth</h3> 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. <h3>Understanding the Core Segments in the India Fertilizer Market</h3> India Fertilizer Market Size, Share & Industry Trends Analysis- By Product (Complex Fertilizers, Straight Fertilizers {Nitrogenous Fertilizers [Urea, Calcium Ammonium Nitrate, Ammonium Nitrate, Ammonium Sulfate, Anhydrous 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. In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report. Unlock exclusive insights into the India Fertilizer Market– request your free sample PDF now and explore key trends, growth drivers, and competitive strategies shaping the industry- <a href="https://www.marknteladvisors.com/query/request-sample/india-fertilizer-market.html">https://www.marknteladvisors.com/query/request-sample/india-fertilizer-market.html</a>  <h3>Geographical Analysis of the India Fertilizer Market</h3> <ul> <li style="font-weight: 400;">North</li> <li style="font-weight: 400;">South</li> <li style="font-weight: 400;">East</li> <li style="font-weight: 400;">West</li> </ul> <h3>Who Dominates the India Fertilizer Market Insights on Key Industry Players?</h3> Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d <ul> <li style="font-weight: 400;">IFFCO</li> <li style="font-weight: 400;">National Fertilizers Limited</li> <li style="font-weight: 400;">Coromandel International</li> <li style="font-weight: 400;">Chambal Fertilisers and Chemicals Ltd.</li> <li style="font-weight: 400;">Rashtriya Chemicals and Fertilizers Limited (RCF)</li> <li style="font-weight: 400;">Zuari Agro Chemicals</li> <li style="font-weight: 400;">Madras Fertilizers Limited (MFL)</li> <li style="font-weight: 400;">Tata Chemicals Limited</li> <li style="font-weight: 400;">Nagarjuna Fertilizers and Chemicals Ltd.</li> <li style="font-weight: 400;">Deepak Fertilisers</li> <li style="font-weight: 400;">ICL Group Ltd. and others.</li> </ul> Tap into future trends and opportunities shaping the India Fertilizer Market complete report: <a href="https://www.marknteladvisors.com/research-library/india-fertilizer-market.html">https://www.marknteladvisors.com/research-library/india-fertilizer-market.html</a>  <h3>Why Choose This MarkNtel Advisors Research Report</h3> <ol> <li style="font-weight: 400;">Comprehensive Insights – Offers a 360° view of the market, combining qualitative and quantitative analysis for a deep understanding of trends, drivers, challenges, and opportunities.</li> <li style="font-weight: 400;">Reliable Data Sources – Data is gathered through verified primary and secondary sources, ensuring accuracy and credibility.</li> <li style="font-weight: 400;">Actionable Forecasts – Advanced predictive modeling and time-series analysis provide practical insights to guide strategic decisions and business planning.</li> <li style="font-weight: 400;">Expert Analysis – Insights from industry experts help interpret complex market dynamics, delivering clarity beyond the numbers.</li> <li style="font-weight: 400;">Customized & Strategic Reporting – The report includes detailed charts, graphs, and strategic recommendations tailored to support business growth and investment decisions.</li> <li style="font-weight: 400;">Trusted Methodology – Built on rigorous research principles, including precise sampling, data validation, and forecasting techniques, reflecting the trust businesses place in MarkNtel Advisors.</li> </ol> "This report equips decision-makers with actionable intelligence, enabling them to navigate market complexities with confidence and foresight." 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