Market Size of india specialty fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 1.20 Billion |
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Market Size (2030) | USD 1.77 Billion |
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Largest Share by Speciality Type | Water Soluble |
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CAGR (2024 - 2030) | 6.69 % |
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Fastest Growing by Speciality Type | Water Soluble |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Specialty Fertilizer Market Analysis
The India Specialty Fertilizer Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 1.77 billion by 2030, growing at a CAGR of 6.69% during the forecast period (2024-2030).
- Largest segment by Speciality Type - Water Soluble : They provide wide-range of nutrient grades and different methods of application available such as foliar, fertigation and soil application depending on requirement
- Fastest growing by Speciality Type - Water Soluble : There is an increasing trend in the mechanization of irrigation systems in the farms, these factors increasing the demand for fertilizers like water soluble fertilizers.
- Largest Segment by Crop Type - Horticultural Crops : The demand for horticulture crops is rising with growing health consciousness and increasing buying power of the customers leading to increased crop cultivation.
- Largest segment by Application Mode - Fertigation : The fertigation method has numerous advantages like increased fertilizer absorption, reduced wastage and nutrient losses, reduce labor costs, and ease of fertilizer application.
