India Fertilizer Market Research Report and Forecast 2022-2027 – Shanghaiist


Market Overview:

Fertilizers are chemical substances containing nutrients in known quantities, which are applied directly or in aqueous solution to the soil or the plant. They maintain soil fertility and improve crop development, yield and crop quality. Fertilizer plays a pivotal role in the Indian agricultural scenario as it provides vital nutrients to crops and increases agricultural production. Additionally, they are key contributors to the success of the Green Revolution, which contributed to subsequent self-sufficiency in food grain production. Fertilizers today are available in nitrogen, phosphate, potassium, and micronutrient variants and can be applied to a wide variety of grains, cereals, pulses, oilseeds, fruits and vegetables, and cash crops.

The latest research report from the IMARC group, titled Indian Fertilizer Market Study: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers detailed analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand current and future market scenarios. The India Fertilizer Market Size reached a value of INR 858 billion in 2021. Looking ahead, IMARC Group expects the market to reach INR 1.131 billion by 2027, growing at a CAGR of 4.8% over the period 2022-2027.

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Overview of the impact of COVID-19:

Note: We regularly track the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Leading Companies in Indian Fertilizer Industry :

  • Coromandel International Limited
  • Deepak Fertilizers and Petrochemicals Corporation Limited
  • Fertilizers and Chemicals Travancore Limited (FACT)
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
  • Gujarat State Fertilizers & Chemicals Limited (GSFC)
  • Hindustan Fertilizer Corporation Limited (HFCL)
  • Indian Farmers Fertilizer Cooperative Limited (IFFCO)
  • Krishak Bharati Cooperative Limited (KRIBHCO)

Indian Fertilizer Market Trends:

India is one of the major producers of agricultural products, such as pulses, wheat, rice, groundnuts, potatoes and onions. With the continued population growth and increasing demand for food crops, the demand for fertilizers has intensified in the country. Moreover, with the increasing levels of urbanization and dwindling arable land, farmers are rapidly using fertilizers to improve their production in India. Moreover, the Indian government is implementing initiatives and providing subsidies to produce high quality seeds and frontline demonstrations through Krishi Vigyan Kendra (KVK), which is driving the demand for fertilizers. For example, various programs undertaken by the National Food Security Mission (NFSM) increase food productivity. They also reduce fertilizer imports, which facilitates the production of domestic fertilizers in India. Furthermore, the governing bodies are offering necessary support to farmers through diversified programs and introducing new technologies to develop improved fertilizers at subsidized rates, which positively influences the growth of the market.

Important Attribute and Report Highlights:

  • Detailed market share analysis
  • Market segmentation by product type, segment, formulation and application.
  • Historical, current and projected market size in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape for India Fertilizer Market
  • Strategies of key players and product offerings

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Key Market Segmentation:

Breakdown by product type:

  • Chemical fertilizers
  • Biofertilizers

Breakdown by segment:

  • Complex fertilizers
  • DPA
  • SWAB
  • Urea
  • SSP
  • Others

Breakdown by formulation:

Breakdown by application:

  • Agriculture
    • Grains and Cereals
    • Oilseeds
    • Fruits and vegetables
    • Others
  • Gardening

Breakdown by region

  • Eastern India
  • North India
  • South India
  • West India

Table of Content of India Fertilizer Market Research Report:

  • Preface
  • Scope and methodology
  • Summary
  • Introduction
  • Indian fertilizer market
  • SWOT analysis
  • Value chain analysis
  • Price analysis
  • Competitive landscape

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Who we are:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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