Report Description

Forecast Period


Market Size (2024)

USD 1.54 Billion

Market Size (2030)

USD 2.14 Billion

CAGR (2025-2030)


Fastest Growing Segment

Diammonium Phosphate (DAP)

Largest Market

West India

Market Overview

India Phosphatic Fertilizer Market has valued at USD 1.54 Billion in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 5.68% through 2030. Phosphatic fertilizer is a type of fertilizer that contains phosphorus, a key nutrient for plant growth. Phosphorus aids in root development, flowering, and fruiting in plants. It plays an essential role in photosynthesis, energy transfer, and nutrient transport within the plant. Phosphatic fertilizers are commonly used in agriculture to enhance crop yield and quality. They are available in various forms, including rock phosphate, superphosphate, and diammonium phosphate.

The phosphatic fertilizer market in India is robust and continually expanding due to the nation's heavy reliance on agriculture. According to recent studies, India is one of the largest consumers of phosphatic fertilizers worldwide, underlining the crucial role these fertilizers play in boosting crop productivity and supporting the livelihoods of millions of farmers.

Key Market Drivers

Advancements in Fertilizer Manufacturing Technologies

Advancements in fertilizer manufacturing technologies are expected to propel the demand for phosphatic fertilizers in India, one of the world's leading agricultural economies. Enhanced production methods have optimized the extraction and blending of essential nutrients, producing phosphatic fertilizers with improved nutrient release and increased efficiency. These high-tech fertilizers are capable of providing plants with a more balanced and sustained nutrient supply, boosting crop yields and quality. The newer manufacturing technologies have improved environmental sustainability by reducing waste and emissions during production. This technological progress comes at a crucial time for India, where a burgeoning population necessitates an increase in agricultural productivity. The country's warm climate and diverse soil types make it an ideal market for phosphatic fertilizers, which are well-suited to its major crops, such as rice, wheat, and pulses. Therefore, the combination of advanced manufacturing technologies, higher crop yields, and environmental benefits is likely to trigger a surge in the demand for phosphatic fertilizers in India.

Increase in Cash Crops Cultivation

India, with its vast agricultural sector, has been witnessing a significant surge in the cultivation of cash crops, a trend that is anticipated to propel the demand for phosphatic fertilizers. Cash crops such as cotton, sugarcane, and tobacco require substantial nutrient inputs for optimal growth, particularly phosphorus, which is integral to plant energy transfer and overall vitality. The importance of phosphorus, along with the increasing shift towards cash crop cultivation, is likely to drive an upsurge in the consumption of phosphatic fertilizers in India. Government initiatives promoting balanced fertilization and the adoption of modern agricultural practices further endorse the use of phosphatic fertilizers. With cash crops offering higher income potential to farmers, the acreage dedicated to these crops is expected to rise, thereby increasing the need for phosphatic fertilizers. In essence, the growth in cash crop cultivation in India is creating a correlated increase in demand for phosphatic fertilizers, a trend that is expected to persist given the significant economic value brought about by these cash crops.

Growth in Horticulture Sector

India's horticulture sector is observing significant growth due to the rising awareness of the health benefits linked with the consumption of fruits and vegetables, along with the increasing purchasing power of the Indian middle class. This growth in the horticulture sector is expected to escalate the demand for phosphatic fertilizers. Phosphatic fertilizers are vital for crop growth as they enrich the soil with necessary nutrients, enhancing the yield and quality of crops. The burgeoning horticulture sector's reliance on these fertilizers is expected to increase significantly. This is mainly due to the Indian government's support and the increasing adoption of modern farming techniques by Indian farmers. The government's proactive initiatives to boost horticulture production and the favorable policies for fertilizers' use are promising growth indicators. Also, the rise in the adoption of modern farming techniques such as precision farming and hydroponics, which emphasize efficient fertilizer use, is expected to further inflame the demand. Hence, the growth impetus in the horticulture sector will likely stimulate the phosphatic fertilizer market in India, fostering agricultural sustainability and food security in the process.

Adoption of Precision Farming & Smart Agriculture Practices

Adoption of precision farming and smart agriculture practices in India is set to significantly boost the demand for phosphatic fertilizers. Precision farming's crux is the targeted application of resources, including fertilizers, to maximize yield and minimize waste. Phosphatic fertilizers play a critical role in improving crop health, aiding in root development, energy transfer, and protein synthesis. With precision farming, the exact amount of phosphoric fertilizer needed for a particular crop at a specific stage can be determined and accurately applied, thereby optimizing its usage. On the other hand, smart agriculture practices involve the use of high-tech solutions like predictive analytics, IoT, and AI. They help in identifying the nutrient deficit in soils, including phosphorus, enabling timely and adequate application of phosphatic fertilizers. India, being an agricultural-intensive country with diverse crop cultivation, stands at the threshold of a significant shift in agricultural practices. The embrace of precision farming and smart agriculture is expected to propel India's phosphatic fertilizer demand, underlining a promising growth trajectory.

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Key Market Challenges

High Dependency on Imports for Raw Materials

India's high dependency on raw material imports poses a substantial threat to the phosphatic fertilizer industry. The country imports a significant portion of its required raw materials, including phosphate rock, phosphoric acid, and ammonia, thereby exposing the industry to global price volatility and foreign exchange risks. These factors are expected to reduce the demand for phosphatic fertilizer in India, as increased costs lead to elevated retail prices for these fertilizers. International geopolitical instabilities and disruptions in logistics can compromise the consistent availability of these critical inputs. This scenario could discourage farmers from relying on phosphatic fertilizers, resulting in diminished demand. The Indian government's drive towards promoting indigenous industries and reducing import reliance could also lead to a shift towards alternative, domestically-produced fertilizers. As such, the high dependency on imports for raw materials is poised to negatively impact India's phosphatic fertilizer demand.

High Cost of Transportation & Logistics

The high cost of transportation and logistics is anticipated to negatively affect the demand for phosphatic fertilizer in India. This country has a predominantly agrarian economy, with a large section of the population dependent on farming. Phosphatic fertilizer plays a significant role in enhancing crop yield. However, the escalating transportation and logistics costs are becoming a significant hurdle in its accessibility and affordability. High fuel prices, poor infrastructure, and inefficiencies in supply chains contribute to these elevated costs. This not only increases the price of the phosphatic fertilizer, but it also delays its delivery, affecting the timeliness of its application. Farmers, particularly those from marginalized sections, bear the brunt of these increased costs, which can make the fertilizer unaffordable. This situation is likely to lead to a drop in its demand, as farmers seek more cost-effective alternatives or reduce their usage. Consequently, this could impact agricultural productivity and farmers' incomes. Therefore, addressing these logistical challenges is imperative for sustaining the demand for phosphatic fertilizer in India.

Key Market Trends

Increasing Private Sector Investment in Agro-Chemical Industry

The Indian agro-chemical industry is witnessing an upward trend in private sector investment, a factor expected to significantly boost the demand for phosphatic fertilizers in the country. The increased funding is set to facilitate the expansion of manufacturing capacities, research and development initiatives, and improved distribution networks. These developments should lead to a more extensive and efficient supply of phosphatic fertilizers, meeting the growing demand from an agriculture sector that is increasingly recognizing the role of such fertilizers in improving crop yield and quality. The private sector's participation is encouraging the adoption of innovative technologies and practices in fertilizer production. This is leading to the creation of more effective and environmentally friendly phosphatic fertilizer products, thereby making them more appealing to the market. In addition, government policies and initiatives that favor the expansion of the agro-chemical industry are also attracting private investors. The convergence of these factors is expected to result in a significant surge in the demand for phosphatic fertilizers in the foreseeable future.

Increasing Farming of High Value Crops

The trend towards increasing cultivation of high-value crops in India is anticipated to significantly drive the demand for phosphatic fertilizers. High value crops such as fruits, vegetables, and flowers necessitate a nutrient-rich soil environment for optimal growth and yield. Phosphatic fertilizers, serving as a key source of phosphorus, play a crucial role in cell division and growth, thereby propelling crop productivity. In particular, phosphorus enhances the quality of the produce, which is a significant factor for high-value crops. The expansion of intensive farming and modern agricultural practices in India necessitate the use of phosphatic fertilizers to replenish soil nutrients and ensure sustainable farming. Hence, as Indian farmers continue to shift towards high-value crops, it is expected to amplify the consumption of phosphatic fertilizers, thereby boosting the market growth. Government initiatives encouraging the use of fertilizers for enhancing crop yield further fuels the phosphatic fertilizer demand in the high-value crops farming sector. Therefore, the progression towards high-value crop farming in India presents a promising outlook for the phosphatic fertilizer industry.

Segmental Insights

Type Insights

Based on the type, the India Phosphatic Fertilizer Market is currently dominated by Diammonium Phosphate (DAP), a highly popular fertilizer among farmers. DAP's success can be attributed to its balanced nutrient profile and effectiveness across various crop types, providing essential nutrients such as nitrogen and phosphorus for optimal growth and development. Its widespread usage and remarkable versatility make it an indispensable player in the India Phosphatic Fertilizer Market, contributing significantly to increased agricultural productivity and sustainable farming practices. The consistent availability of DAP ensures that farmers have access to a reliable and efficient fertilizer solution that promotes healthy plant growth, improves soil fertility, and maximizes crop yields. By supporting the nutritional needs of crops throughout their lifecycle, DAP plays a crucial role in supporting India's agricultural sector and ensuring food security for the nation.

Solubility Insights

Based on Solubility, the India Phosphatic Fertilizer Market is primarily driven by the Water-Soluble segment, which has experienced remarkable growth in recent years. This growth can be attributed to the exceptional effectiveness of water-soluble fertilizers in delivering essential nutrients directly to the plant roots, resulting in significantly higher crop yields. The soluble nature of these fertilizers also contributes to their popularity, as they dissolve readily in the soil, allowing for effortless absorption and utilization by the plants. This not only enhances the efficiency of nutrient uptake but also minimizes wastage and environmental impact.

The use of water-soluble fertilizers has proven to be an efficient and sustainable choice for the Indian agricultural sector. By maximizing nutrient availability, these fertilizers help farmers optimize their crop production and improve overall productivity. This, in turn, contributes to enhanced food security in the country, addressing the needs of the growing population and ensuring a stable supply of nutritious food. The continuous adoption of water-soluble fertilizers in the Indian agricultural landscape underscores their significant role in driving positive change and sustainable development. As the demand for high-quality crops and environmentally friendly practices continues to rise, water-soluble fertilizers are poised to play a crucial role in shaping the future of agriculture in India, fostering a more prosperous and sustainable farming ecosystem.

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Regional Insights

The western region of India, known for its fertile lands and thriving agricultural practices, is currently setting new standards in the phosphatic fertilizer market. This can be attributed to the extensive cultivation of staple crops such as rice, wheat, and cotton, which require a substantial supply of phosphatic fertilizers for optimal growth and high yields. The region's favorable climate, enriched soil composition, and dedicated efforts towards agricultural innovation have transformed it into a prominent hub for sustainable farming practices. By implementing advanced techniques and technologies, the region has not only achieved remarkable agricultural success but has also become a role model for other regions in India. The western region's commitment to sustainable farming practices and its contribution to India's overall agricultural growth and development are truly commendable.

Recent Developments

  • In April 2023, Union Home Minister inaugurated IFFCO's liquid nano Di-Ammonia Phosphate (DAP), signifying a significant stride towards India's self-reliance in the fertilizer sector. The Nano DAP, produced by the cooperative giant IFFCO, has been officially recognized by the Centre in the Fertilizer Control Order, which governs the sale, pricing, and distribution of fertilizers in India.
  • In February 2023, India is strategizing to finalize a prolonged agreement with Mauritania to procure rock phosphate which is a vital ingredient in fertilizers. This move comes in response to disrupted supplies and increased global prices following the Ukraine war and the Red Sea crisis. Within the collaborative venture, both private and public entities will engage in mining, production, and transportation of fertilizers to India.

Key Market Players

  • Coromandel International Ltd.
  • Gujrat State Fertilizers & Chemicals Ltd.
  • Hindalco Industries Limited
  • Paradeep Phosphate Ltd.
  • Indian Farmers Fertilizers Co-operative Ltd. (IFFCO)
  • Zuari Industries Ltd.
  • Khaitan Chemicals & Fertilizers Ltd.
  • Arihant Phosphate And Fertilizers Ltd.
  • Rama Phosphates Ltd.
  • The Phosphate Company Ltd.

By Type

By Solubility

By Form

By Source

By Application

By Region


  • Mono Ammonium Phosphate (MAP)
  • Diammonium Phosphate (DAP)
  • Superphosphate
  • Others
  • Water-Soluble
  • Citric Acid Soluble
  • Water & Citric Acid Insoluble
  • Others
  • Granular
  • Powder
  • Solution
  • Domestic
  • Import
  • Cereals & Grains
  • Oilseeds
  • Fruits & Vegetables
  • Others
  • North
  • South
  • West
  • East


Report Scope:

In this report, the India Phosphatic Fertilizer Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Phosphatic Fertilizer Market, By Type:

o   Mono Ammonium Phosphate (MAP)

o   Diammonium Phosphate (DAP)

o   Superphosphate

o   Others

  • India Phosphatic Fertilizer Market, By Solubility:

o   Water-Soluble

o   Citric Acid Soluble

o   Water & Citric Acid Insoluble

o   Others

  • India Phosphatic Fertilizer Market, By Form:

o   Granular

o   Powder

o   Solution

  • India Phosphatic Fertilizer Market, By Source:

o   Domestic

o   Import

  • India Phosphatic Fertilizer Market, By Application:

o   Cereals & Grains

o   Oilseeds

o   Fruits & Vegetables

o   Others

  • India Phosphatic Fertilizer Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Phosphatic Fertilizer Market.

Available Customizations:

India Phosphatic Fertilizer Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Phosphatic Fertilizer Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.     Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.     Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.     Voice of Customer

5.     India Phosphatic Fertilizer Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Mono Ammonium Phosphate (MAP), Diammonium Phosphate (DAP), Superphosphate, And Others)

5.2.2.    By Solubility (Water-Soluble, Citric Acid Soluble, Water & Citric Acid Insoluble, And Others)

5.2.3.    By Form (Granular, Powder, And Solution)

5.2.4.    By Source (Domestic and Import)

5.2.5.    By Application (Cereals & Grains, Oilseeds, Fruits & Vegetables, And Others)

5.2.6.    By Region        By State (Top 3 States)

5.2.7.    By Company (2024)

5.3.  Market Map

6.     North India Phosphatic Fertilizer Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Solubility

6.2.3.    By Form

6.2.4.    By Source

6.2.5.    By Application

7.     West India Phosphatic Fertilizer Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Solubility

7.2.3.    By Form

7.2.4.    By Source

7.2.5.    By Application

8.     South India Phosphatic Fertilizer Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Solubility

8.2.3.    By Form

8.2.4.    By Source

8.2.5.    By Application

9.     East India Phosphatic Fertilizer Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Solubility

9.2.3.    By Form

9.2.4.    By Source

9.2.5.    By Application

10.  Market Dynamics

10.1.             Drivers

10.2.             Challenges

11.  Market Trends & Developments

11.1.             Merger & Acquisition (If Any)

11.2.             Product Launches (If Any)

11.3.             Recent Developments

12.  India Phosphatic Fertilizer Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14.  Competitive Landscape

14.1.             Coromandel International Ltd.

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Products & Services

14.1.4. Financials (As Reported)

14.1.5. Recent Developments

14.1.6. Key Personnel Details

14.1.7. SWOT Analysis

14.2.             Gujrat State Fertilizers & Chemicals Ltd.

14.3.             Hindalco Industries Limited

14.4.             Paradeep Phosphate Ltd.

14.5.             Indian Farmers Fertilizers Co-operative Ltd. (IFFCO)

14.6.             Zuari Industries Ltd.

14.7.             Khaitan Chemicals & Fertilizers Ltd.

14.8.             Arihant Phosphate And Fertilizers Ltd.

14.9.             Rama Phosphates Ltd.

14.10.           The Phosphate Company Ltd.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions


The market size of the India Phosphatic Fertilizer Market was estimated to be USD 1.54 Billion in 2024.


Coromandel International Ltd., Gujrat State Fertilizers & Chemicals Ltd., Hindalco Industries Limited, Paradeep Phosphate Ltd., Indian Farmers Fertilizers Co-operative Ltd. (IFFCO), are among the top market players operating in India Phosphatic Fertilizer Market.


The western region of India takes the lead in the phosphatic fertilizer market due to its abundant reserves of phosphate rock, essential for manufacturing phosphatic fertilizers. The region's extensive agricultural activity, particularly in states like Maharashtra and Gujarat, drives significant demand for phosphatic fertilizers to enhance soil fertility and crop productivity. This combination of resource availability and agricultural demand positions the western region as a frontrunner in the phosphatic fertilizer market.


Advancements in fertilizer manufacturing technologies and increase in cash crops cultivation are the major drivers for the India Phosphatic Fertilizer Market.


Sakshi Bajaal

Business Consultant
Press Release

India Phosphatic Fertilizer Market to Grow with a CAGR of 5.68% through 2030

Apr, 2024

Adoption of precision farming & smart agriculture practices and increasing private sector investment in Agro-chemical industry is expected to drive the India Phosphatic Fertilizer Market growth in th