Nitrogenous Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Nitrogenous Fertiliser Market

The market for nitrogenous fertilisers worldwide is anticipated to grow at a CAGR of 5.47%.

Anhydrous ammonia is the type of fertiliser with the fastest rate of growth. Its nitrogen content, which is 82%, is higher than that of all other nitrogenous fertilisers. The crops that use a lot of nitrogen are best suited for this product.

Field crops are the most prevalent segment of all crop types and are a common source of food in many regions of the world. In the majority of agricultural nations, they represent the highest share by area.

Largest Segment by Application Mode - Soil: Applying fertiliser to the soil is a convenient method for doing so without using any equipment. This application technique enhances soil fertility and plant health.

India has the largest segment by country. With a consumption volume of 70 million metric tonnes in 2021, India is the second-largest fertiliser user in the world, with urea accounting for 60% of the total consumption.

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