Market Size of india controlled release fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 44.87 Million |
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Market Size (2030) | USD 68.6 Million |
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Largest Share by Coating Type | Polymer Coated |
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CAGR (2024 - 2030) | 7.33 % |
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Fastest Growing by Coating Type | Polymer Coated |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Controlled Release Fertilizer Market Analysis
The India Controlled Release Fertilizer Market size is estimated at 44.87 million USD in 2024, and is expected to reach 68.6 million USD by 2030, growing at a CAGR of 7.33% during the forecast period (2024-2030).
44.87 Million
Market Size in 2024 (USD)
68.6 Million
Market Size in 2030 (USD)
10.52 %
CAGR (2017-2023)
7.33 %
CAGR (2024-2030)
Fastest Segment by Coating Type
7.45 %
Projected CAGR, Polymer Coated, 2024-2030
The high efficiency of polymer-coated fertilizers, along with active research on developing biodegradable polymers and cost-effectiveness are driving the market.
Largest Segment by Coating Type
75.96 %
value share, Polymer Coated, 2023
Polymer-coated fertilizers dominate the market, mainly due to the adoption of advanced techniques to increase fertilizer use efficiency with very little nutrient loss.
Largest Segment by Crop Type
89.14 %
value share, Field Crops, 2023
Higher nutrient requirements and growing concerns over nutrient leaching are increasing the adoption of control-released fertilizers in field crops, making them the largest crop type.
Leading Market Player 1
46.78 %
market share, ICL Group Ltd, 2022
ICL Group leads the market by offering various CRFs for a wide range of crops with popular brands ProTurf, Agromaster, Agroblen, and Sierrablen Plus.
Leading Market Player 2
10.26 %
market share, Grupa Azoty S.A. (Compo Expert), 2022
The company's strength lies in its wide-ranging controlled-release fertilizer portfolio, catering to diverse crops like fruits, vegetables, field crops, and turf.
High nitrogen requirements and sustainable agricultural practices are increasing the demand for CRFs
- The adoption of controlled-release fertilizers is increasing more in the country as this is an innovative technique that extends nutrient release time by 3, 6, 12, or even 15 months, which gives additional support to the growth of major crops, such as wheat, rice, and maize.
- The controlled-release fertilizer market in the country witnessed an increase in market value by 106.1%, whereas the consumption volume increased by 24.2% during 2017-2021. The main reason for this was the Government of India making it mandatory for all domestic producers of urea to produce 100% neem-coated urea and distribute it at a subsidized price to the farmers.
- Field crops dominated the market, with consumption volume accounting for 89.5% in 2022 as field crops occupied 90.0% of the cultivated area. Major field crops in India include rice, wheat, millet, maize, pulses, and oilseeds, which require high nitrogen content throughout their growth stages.
- Controlled-release urea is the most used form of CRF in India. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate due to the large loss of nitrogen caused by volatilization and leaching. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea fertilizers generally outperform granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration.
- Growing concerns regarding health have pushed people to take health-related problems seriously. Increasing inclination toward environmental pollution and the no-leaching property of CRF are positively influencing the controlled-release fertilizer market in the country, which is expected to record a CAGR of 4.5% from 2023 to 2030.
Understand The Key Trends Shaping This Market
India Controlled Release Fertilizer Industry Segmentation
Polymer Coated, Polymer-Sulfur Coated, Others are covered as segments by Coating Type. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
- The adoption of controlled-release fertilizers is increasing more in the country as this is an innovative technique that extends nutrient release time by 3, 6, 12, or even 15 months, which gives additional support to the growth of major crops, such as wheat, rice, and maize.
- The controlled-release fertilizer market in the country witnessed an increase in market value by 106.1%, whereas the consumption volume increased by 24.2% during 2017-2021. The main reason for this was the Government of India making it mandatory for all domestic producers of urea to produce 100% neem-coated urea and distribute it at a subsidized price to the farmers.
- Field crops dominated the market, with consumption volume accounting for 89.5% in 2022 as field crops occupied 90.0% of the cultivated area. Major field crops in India include rice, wheat, millet, maize, pulses, and oilseeds, which require high nitrogen content throughout their growth stages.
- Controlled-release urea is the most used form of CRF in India. Nitrogen loss is one of the main problems faced by rice farmers, and the efficiency of nitrogen utilization in rice is often inadequate due to the large loss of nitrogen caused by volatilization and leaching. One way to improve nitrogen efficiency is to use controlled-release urea. Controlled-release urea fertilizers generally outperform granular urea fertilizers in reducing nitrogen loss, stimulating plant growth, and increasing nitrogen concentration.
- Growing concerns regarding health have pushed people to take health-related problems seriously. Increasing inclination toward environmental pollution and the no-leaching property of CRF are positively influencing the controlled-release fertilizer market in the country, which is expected to record a CAGR of 4.5% from 2023 to 2030.
| Coating Type | |
| Polymer Coated | |
| Polymer-Sulfur Coated | |
| Others |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
Need A Different Region Or Segment?
India Controlled Release Fertilizer Market Size Summary
The India Controlled Release Fertilizer Market is experiencing significant growth, driven by the increasing adoption of innovative fertilization techniques that extend nutrient release over extended periods. This method supports the growth of essential crops such as wheat, rice, and maize, which are crucial to the country's agricultural landscape. The market has seen a substantial increase in value and consumption volume, largely due to government initiatives mandating the production of neem-coated urea at subsidized rates. Field crops dominate the market, with a significant portion of the cultivated area dedicated to crops requiring high nitrogen content. Controlled-release urea is particularly favored for its ability to reduce nitrogen loss, enhancing efficiency and supporting plant growth. The market's expansion is further bolstered by growing environmental concerns and the no-leaching properties of controlled-release fertilizers.
The demand for controlled-release fertilizers is anticipated to rise, fueled by the increasing cultivation of cereals, pulses, and oilseeds to meet both domestic and international consumer demand. Rice and wheat, being staple crops, occupy large areas under cultivation and are pivotal to India's food security. The intensive cultivation of these crops, coupled with rising demand, is expected to drive the fertilizer market forward. Nutrient deficiencies in soil, particularly nitrogen, phosphorus, and potassium, necessitate the use of fertilizers to maintain crop productivity. The market is fairly consolidated, with major players holding a significant share, and recent innovations, such as coated micronutrients, are expected to enhance nutrient management and support market growth.
India Controlled Release Fertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Coating Type
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1.1.1 Polymer Coated
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1.1.2 Polymer-Sulfur Coated
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1.1.3 Others
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1.2 Crop Type
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1.2.1 Field Crops
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1.2.2 Horticultural Crops
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1.2.3 Turf & Ornamental
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India Controlled Release Fertilizer Market Size FAQs
How big is the India Controlled Release Fertilizer Market?
The India Controlled Release Fertilizer Market size is expected to reach USD 44.87 million in 2024 and grow at a CAGR of 7.33% to reach USD 68.60 million by 2030.
What is the current India Controlled Release Fertilizer Market size?
In 2024, the India Controlled Release Fertilizer Market size is expected to reach USD 44.87 million.
