| Product Code: ETC4595605 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s import shipments of NPK fertilizers, including feed-grade and food-grade varieties, saw significant growth in 2024 with top exporting countries being Russia, Norway (excluding Svalbard and Jan Mayen), Saudi Arabia, Israel, and the UAE. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 25.86%. However, there was a slight decline in growth rate from 2023 to 2024 at -19.36%, suggesting some market fluctuations. The Indian market for NPK fertilizers remains dynamic and closely tied to global trade dynamics.
food-grade) market
The NPK (Nitrogen, Phosphorus, and Potassium) fertilizers market in India plays a pivotal role in the agricultural sector, as these fertilizers are essential for enhancing crop yields. India agrarian economy heavily relies on the application of NPK fertilizers to boost soil fertility and improve crop production. The market for NPK fertilizers in India encompasses both feed-grade and food-grade varieties, catering to the specific needs of various crops and livestock. These fertilizers are instrumental in ensuring optimal nutrient levels for crops and are, therefore, in high demand. As agriculture continues to be a significant contributor to India economy, the NPK fertilizers market is expected to witness sustained growth.
The India NPK Fertilizers market is driven by the need to enhance crop and forage yields. Improved agricultural productivity directly impacts the availability of feed ingredients, making them more accessible and affordable for livestock farmers. The market is also influenced by the demand for sustainable agriculture practices.
The India NPK fertilizers market, whether for feed or food applications, faces multiple challenges. In the context of feed-grade NPK fertilizers, there may be issues related to inconsistent quality and composition, which can affect the nutritional value of animal feed. For food-grade NPK fertilizers, the challenge lies in ensuring that they meet safety and quality standards to prevent contamination of agricultural produce. Both segments of the market contend with concerns related to sustainability and environmental impact, particularly in terms of excessive fertilizer use. Addressing these challenges is vital to promote responsible and efficient fertilizer use in India agriculture.
The pandemic disrupted fertilizer supply chains, affecting agriculture and livestock production. As a result, there was a growing need for reliable sources of essential nutrients like nitrogen, phosphorus, and potassium (NPK). The market for NPK fertilizers, both for feed and food, experienced increased demand.
In the India NPK fertilizers market, key players include IFFCO, Coromandel International, Rashtriya Chemicals and Fertilizers Ltd., and National Fertilizers Limited. These companies are vital in the agricultural sector, supplying a range of NPK fertilizers for crop nutrition and soil health improvement.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India NPK Fertilizers (feed-grade , food-grade) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, 2021 & 2031F |
3.3 India NPK Fertilizers (feed-grade , food-grade) Market - Industry Life Cycle |
3.4 India NPK Fertilizers (feed-grade , food-grade) Market - Porter's Five Forces |
3.5 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 India NPK Fertilizers (feed-grade , food-grade) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality agricultural products |
4.2.2 Government support and subsidies for fertilizer usage |
4.2.3 Growing awareness about the benefits of using NPK fertilizers in agriculture |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns related to fertilizer usage |
4.3.3 Competition from alternative organic fertilizers |
5 India NPK Fertilizers (feed-grade , food-grade) Market Trends |
6 India NPK Fertilizers (feed-grade , food-grade) Market, By Types |
6.1 India NPK Fertilizers (feed-grade , food-grade) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By feed-grade , 2021-2031F |
6.1.4 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By food-grade, 2021-2031F |
6.2 India NPK Fertilizers (feed-grade , food-grade) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Bakery Products, 2021-2031F |
6.2.3 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Meat & Meat Products, 2021-2031F |
6.2.4 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Dairy Products, 2021-2031F |
6.2.5 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Beverages, 2021-2031F |
6.3 India NPK Fertilizers (feed-grade , food-grade) Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Powder, 2021-2031F |
6.3.3 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.4 India NPK Fertilizers (feed-grade , food-grade) Market Revenues & Volume, By Others, 2021-2031F |
7 India NPK Fertilizers (feed-grade , food-grade) Market Import-Export Trade Statistics |
7.1 India NPK Fertilizers (feed-grade , food-grade) Market Export to Major Countries |
7.2 India NPK Fertilizers (feed-grade , food-grade) Market Imports from Major Countries |
8 India NPK Fertilizers (feed-grade , food-grade) Market Key Performance Indicators |
8.1 Average yield per hectare of crops |
8.2 Adoption rate of NPK fertilizers in agriculture |
8.3 Soil health improvement metrics, such as pH levels and nutrient content |
9 India NPK Fertilizers (feed-grade , food-grade) Market - Opportunity Assessment |
9.1 India NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India NPK Fertilizers (feed-grade , food-grade) Market Opportunity Assessment, By Form, 2021 & 2031F |
10 India NPK Fertilizers (feed-grade , food-grade) Market - Competitive Landscape |
10.1 India NPK Fertilizers (feed-grade , food-grade) Market Revenue Share, By Companies, 2024 |
10.2 India NPK Fertilizers (feed-grade , food-grade) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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