Global Nitrogenous Fertilizer Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Nitrogenous Fertilizer Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Urea, Methylene Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate, and Others), Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Table of Content:
Market Overview
The Global Nitrogenous Fertilizer Market was valued at USD 63,967.9 million in 2023 and is expected to reach USD 99,669.5 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global nitrogenous fertilizer market growth. Nitrogenous fertilizers, essential for plant growth, primarily supply nitrogen crucial for processes like photosynthesis, protein synthesis, and DNA formation. Due to nitrogen's common limitation in soils, these fertilizers find extensive use in agriculture to boost crop yields.
Advancements in fertilizer manufacturing and distribution, coupled with population growth and increased food demand, drive the nitrogenous fertilizer market. However, sustained growth hinges on addressing environmental issues and navigating raw material price volatility.
Furthermore, the global nitrogenous fertilizer industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Nitrogenous Fertilizer Market is segmented among Urea, Methylene Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate, and Others, based on Product. In 2023, Urea accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Nitrogenous Fertilizer Market is segmented among Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others, based on Application. In 2023, Cereals & Grains accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Nitrogenous Fertilizer Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Waitaki Bio, Sorfert, Bunge Limited, Nutrien Ltd., Yara, Omnia Holdings Limited, Sasol, Aquasol Nutri., Triomfsa, Rolfes Agri (Pty) Ltd., OCI Nitrogen, ICL Fertilizers, Eurochem Group, CF Industries Holdings, Inc., Koch Fertilizer, LLC, Hellagrolip, Coromandel International, Haifa Negev Technologies Ltd., and Notore Chemical Industries Plc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Nitrogenous Fertilizer Market Dynamics
Drivers
Restraints
Opportunity
4. Global Nitrogenous Fertilizer Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Nitrogenous Fertilizer Market Segmentation, By Product
Global Nitrogenous Fertilizer Market Share Analysis, By Product
Global Nitrogenous Fertilizer Market Growth Analysis, By Product
Global Nitrogenous Fertilizer Market Trends, By Product
o Urea
o Methylene Urea
o Ammonium Nitrate
o Ammonium Sulfate
o Ammonia
o Calcium Ammonium Nitrate
o Others
6. Global Nitrogenous Fertilizer Market Segmentation, By Application
Global Nitrogenous Fertilizer Market Share Analysis, By Application
Global Nitrogenous Fertilizer Market Growth Analysis, By Application
Global Nitrogenous Fertilizer Market Trends, By Application
o Cereals & Grains
o Oilseeds & Pulses
o Fruits & Vegetables
o Others
7. Global Nitrogenous Fertilizer Market Segmentation, By Region
Global Nitrogenous Fertilizer Market Share Analysis, By Region
Global Nitrogenous Fertilizer Market Growth Analysis, By Region
Global Nitrogenous Fertilizer Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Waitaki Bio*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Sorfert
Bunge Limited
Nutrien Ltd.
Yara
Omnia Holdings Limited,
Sasol
Aquasol Nutri.
Triomfsa
Rolfes Agri (Pty) Ltd.
OCI Nitrogen
ICL Fertilizers
Eurochem Group
CF Industries Holdings, Inc.
Koch Fertilizer, LLC
Hellagrolip
Coromandel International
Haifa Negev Technologies Ltd.
Notore Chemical Industries Plc
*Similar analysis will be provided for each company listed above.