The nitrogenous fertilizer market was valued at US$ 72,537.57 million in 2018 and is expected to grow at a CAGR of 3.7% from 2019 to 2027 to reach US$ 100,304.42 million by 2027.

Nitrogen fertilizer is one of the most regular fertilizer categories produced with different chemical combinations of nitrogen; the fertilizers are commonly available in three forms—ammonia, nitrate, and urea. Once applied to the fields the fertilizers are absorbed by plants are converted into various other forms through chemical reactions. Their application helps confer better texture and color to plants, thus improving agricultural productivity.

In developing regions, there is strong focus on improvising and strengthening the agricultural facilities through increased investments and supportive government measures. The urge for food security to support the growing rate of population, along with the surging need to boost other crop yield, has propelled the adoption of mineral-based fertilizers, such as nitrogenous fertilizers, in developing regions.

Bunge Limited, CF Industries Holdings, Inc., EuroChem Group, Koch Fertilizer, LLC, Nutrien Ltd, OCI Nitrogen, SABIC Group, Sinofert, Togliattiazot (TOAZ), and Yara International ASA are among the well-established players present in the global nitrogenous fertilizer market.

The agricultural facilities in Africa are still at developing phase, wherein the crops are generally deprived off certain nutrients. Also, the region has limited access to nitrogen fertilizers, generally due to their high costs. In East Africa, farmers use biomass as affordable fertilizers to supplement the demand of essential nitrogen in the plants. However, the increasing government investments on the agriculture sector, along with increasing penetration of manufacturers in the region, is expected to boost the utilization of such fertilizers in the coming years. Further, the demand for nitrogenous fertilizers is also rising from developing Asia Pacific economies. Rapid urbanization, along with growing need for food security, has propelled the utilization of such fertilizers to boost the agricultural productivity. Further, the rise in production of sugarcane and corn in South America is expected to drive the demand for nitrogenous fertilizers in this region during the forecast period.

Based on crop type, is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, and others. The cereals and grains segment accounted for the largest share of the market in 2018, whereas the oilseeds and pulses segment is expected to register the highest CAGR during the forecast period. All oilseed and pulses crops require nitrogen in moderately large amounts. Nitrogen is the most limiting nutrient in oilseed and pulses production all over the globe. Crops normally take up most of their nitrogen from the soil in the form of nitrate nitrogen. When soil nitrogen levels are adequate, nitrogen promotes dynamic growth and a larger leaf area with a dark green color. Soil analysis is very useful in estimating the nitrogen fertilizer requirement.

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