Market Overview

According to Fortune Business Insights, the India fertilizers market size was valued at USD 18.44 billion in 2025. The market is projected to grow from USD 19.40 billion in 2026 to USD 31.46 billion by 2034, exhibiting a CAGR of 6.23% during the forecast period. North India dominated the fertilizers market with a market size of USD 6.18 billion in 2025.

Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled “India Fertilizers Market, 2026-2034.”

The analysis shows that improving fertilizer-use efficiency is a key priority, supported by balanced nutrient management, soil testing, and the adoption of nano fertilizers and precision farming. Major companies are focusing on production, distribution, and product development to meet the rising demand driven by the need for enhanced agricultural productivity.

Major Players Profiled in the Market Report:

• Chambal Fertilisers and Chemicals Limited (India)
• Coromandel International Limited (India)
• Deepak Fertilisers and Petrochemicals Corporation Limited (India)
• Gujarat State Fertilizers & Chemicals Limited (India)
• Indian Farmers Fertiliser Cooperative Limited (India)
• Krishak Bharati Cooperative Limited (India)
• National Fertilizers Limited (India)
• Paradeep Phosphates Limited (India)
• Rashtriya Chemicals and Fertilizers Limited (India)
• UPL Limited (India)

Segments

High-Volume Consumption to Uphold Chemical Fertilizers Segment Growth

Based on fertilizer category, the market is bifurcated into chemical and organic. The chemical fertilizers segment holds the largest market share due to its high nutrient concentration, widespread farmer familiarity, established infrastructure, and extensive availability.

Large Rice and Wheat Acreage to Propel Cereals and Grains Segment

By crop type, the market is categorized into cereals and grains, oilseeds and pulses, fruits and vegetables, plantation and commercial crops, and others. The cereals and grains segment is leading the market owing to the extensive cultivation of staple crops like rice and wheat, which require substantial and repeated fertilizer applications.