The Global Nitrogenous Fertiliser Market was worth USD 113.70 billion in 2023 and is estimated to reach USD 140.51 billion by 2030, growing at a CAGR of 2.73% over the forecast period.
To address the issue of low nutrient use efficiency and to reduce fertiliser environmental impact, regulated and slow-release nitrogen fertilisers have developed as a more effective alternative. By providing highly efficient nutrient compositions in a targeted manner, speciality fertilisers play an important role in boosting high-quality crop yields. Nitrogen fertilisers, which are vital for crop growth and development, are frequently used in conjunction with other speciality fertilisers such as micronutrient fertilisers. The increasing cultivation of high-value crops is likely to propel the market for nitrogenous speciality fertilisers forward.
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