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Indian Fertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Indian Fertilizer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

The Indian fertilizer market was worth INR 4,675 Billion in 2017. Looking forward, the market is projected to reach INR 9,987 Billion by 2023, at a CAGR of around 13% during 2018-2023. Fertilizers have played a key role in the success of India's green revolution and subsequent self-reliance in food-grain production. The increase in fertilizer consumption has contributed significantly to sustainable production of food grains in the country. As a result, the demand of fertilizers has witnessed double digit growth rates over the past several years.

Despite a strong growth in recent years, the average intensity of fertilizer use in India remains much lower than most of the developed and emerging countries around the world. The usage of fertilizers is also highly skewed, with wide inter-regional, inter-state and inter-district variations.

Indian Fertilizer Market: Drivers

Catalyzed by a strong growth in the country’s population over the next five years, food demand is also expected to exhibit a strong growth. Conversely, as a result of increasing urbanisation levels, available arable land is expected to decrease. We expect fertilizers to play a key role in increasing the average crop yields per hectare.
Despite strong historical growth, fertilizer consumption in India remains highly skewed. There are currently a number of states in India which still have a very low penetration of fertilizers. This leaves a lot of room for future growth.
We expect a number of government and non-government awareness campaigns to educate farmers on the benefits of fertilizers. Promotion of fertilizers through television, radio and customized rural workshops are also anticipated to increase the consumption of fertilizers in the coming years.
Increasing rural incomes, coupled by easy availability of credit, are also likely to create a positive impact on fertilizer usage in the country.
Contract farming, where inputs in terms of technology and training are expected to be provided to the farmer from the food processor (contractor), is also expected to create a positive impact on fertilizer usage.

Market Summary:

Based on the product type, the market has been segmented as chemical fertilizers and biofertilizers. Currently, chemical fertilizers dominate the market, holding the largest share.
Based on the segment, the market has been segmented as complex fertilizers, DAP, MOP, urea and SSP.
On the basis of formulation, the market has been segmented as liquid and dry.
Based on the application, the market has been segmented as farming and gardening.
On the basis of region, the market has been segmented as North India, South India, East India and West India.
The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.

This report provides a deep insight into the Indian fertilizer market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian fertilizer market in any manner.

Key Questions Answered in This Report:

How has the Indian fertilizer market performed so far and how will it perform in the coming years?
What is the breakup of the Indian fertilizer market on the basis of product type?
What is the breakup of the Indian fertilizer market on the basis of key segments?
What is the breakup of the Indian fertilizer market on the basis of formulation?
What is the breakup of the Indian fertilizer market on the basis of application?
What is the breakup of the Indian fertilizer market on the basis of region?
What are the various stages in the value chain of the Indian fertilizer market?
What are the key driving factors and challenges in the Indian fertilizer market?
What is the structure of the Indian fertilizer market and who are the key players?
What is the degree of competition in the Indian fertilizer market?
How are fertilizers manufactured?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Indian Fertilizer Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Segment
5.5 Market Breakup by Formulation
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Price Indicators
5.12.2 Price Structure
5.12.3 Margin Analysis
6 Market Breakup by Product Type
6.1 Chemical Fertilizers
6.2 Biofertilizers
7 Market Breakup by Segment
7.1 Complex Fertilizers
7.2 DAP
7.3 MOP
7.4 Urea
7.5 SSP
7.6 Others
8 Market Breakup by Formulation
8.1 Liquid
8.2 Dry
9 Market Breakup by Application
9.1 Farming
9.1.1 Grains and Cereals
9.1.2 Oil Seeds
9.1.3 Fruits and Vegetables
9.1.4 Others
9.2 Gardening
10 Market Breakup by Region
10.1 East India
10.2 North India
10.3 South India
10.4 West India
11 Fertilizer Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
List of Figures
Figure 1: India: Fertilizer Market: Major Drivers and Challenges
Figure 2: India: Fertilizer Market: Sales Volume (in 000’ Metric Tons), 2010-2017
Figure 3: India: Fertilizer Market: Sales Value (in Billion INR), 2010-2017
Figure 4: India: Fertilizer Market: Breakup by Product Type (in %), 2017
Figure 5: India: Fertilizer Market: Breakup by Segment (in %), 2017
Figure 6: India: Fertilizer Market: Breakup by Formulation (in %), 2017
Figure 7: India: Fertilizer Market: Breakup by Application (in %), 2017
Figure 8: India: Fertilizer Market: Breakup by Region (in %), 2017
Figure 9: India: Fertilizer Market Forecast: Sales Volume (in 000’ Metric Tons), 2018-2023
Figure 10: India: Fertilizer Market Forecast: Sales Value (in Billion INR), 2018-2023
Figure 11: India: Fertilizer Industry: SWOT Analysis
Figure 12: India: Fertilizer Industry: Value Chain Analysis
Figure 13: India: Fertilizer Industry: Porter’s Five Forces Analysis
Figure 14: India: Fertilizer Market (Chemical Fertilizers): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 15: India: Fertilizer Market (Biofertilizers): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 16: India: Fertilizer Market (Complex Fertilizers): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 17: India: Fertilizer Market (DAP): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 18:India: Fertilizer Market (MOP): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 19:India: Fertilizer Market (Urea): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 20:India: Fertilizer Market (SSP): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 21: India: Fertilizer Market (Liquid): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 22: India: Fertilizer Market (Dry): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 23: India: Fertilizer Market (Farming): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 24: India: Fertilizer Market (Gardening): Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 25: East India: Fertilizer Market: Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 26: North India: Fertilizer Market: Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 27: South India: Fertilizer Market: Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 28: West India: Fertilizer Market: Sales Value (in Billion INR), 2010, 2017 & 2023
Figure 29: Fertilizer Manufacturing: Process Flow
List of Tables
Table 1: Fertilizer: General Properties
Table 2: India: Fertilizer Market: Key Industry Highlights, 2017 and 2023
Table 3: India: Fertilizer Market Forecast: Breakup by Product Type (in Billion INR), 2018-2023
Table 4: India: Fertilizer Market Forecast: Breakup by Segment (in Billion INR), 2018-2023
Table 5: India: Fertilizer Market Forecast: Breakup by Formulation (in Billion INR), 2018-2023
Table 6: India: Fertilizer Market Forecast: Breakup by Application (in Billion INR), 2018-2023
Table 7: India: Fertilizer Market Forecast: Breakup by Region (in Billion INR), 2018-2023
Table 8: Fertilizer: Raw Material Requirements
Table 9: India: Fertilizer Market Structure
Table 10: India: Fertilizer Market: Key Players

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