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India Nitrogenous Fertilizers Market Overview
The India Nitrogenous Fertilizers Market is expected to witness significant growth in the forecast period, on account of the increasing demand for food and the need for higher crop yields. Nitrogenous fertilizers are among the most popular types of fertilizer in India. The nitrogen content in fertilizers is used by plants to grow, and they are important for maintaining soil fertility. Nitrogenous fertilisers are generally made from mineral sources like rock phosphate, natural gas, and ammonia.
According to 6Wresearch, the India Nitrogenous Fertilizers Market size is likely to witness growth during 2020-2026. The major drivers for this market are rising need of food products and the ongoing demand for higher crop yields. The government efforts to encourage the use of nitrogenous fertilizers are also likely to boost market growth. Additionally, the market has witnessed rising demand for nitrogenous fertilizers from the agriculture sector. The government's initiatives to promote the use of fertilizers and subsidies on fertilizer products are also fuelling market growth. Further, the southern region is expected to be the largest market for nitrogenous fertilizers in India, due to the large number of agricultural activities in the region. The western and northern regions are also anticipated to show significant market growth.
COVID-19 Impact on the India Nitrogenous Fertilizers Market
The outbreak of Corona virus pandemic has resulted in a slowdown in the growth of the market. Lockdown were imposed in all the country which resulted in halt in the production process. The entire supply chain was disrupted. However, the nitrogenous fertilizers market in India has gradually recovered over the past few years and the same trend is likely to continue over the coming years.
Key Highlights of the Report:
- India Nitrogenous Fertilizers Market Outlook
- India Nitrogenous Fertilizers Market Trend Evolution
- India Nitrogenous Fertilizers Market Drivers and Challenges
- India Nitrogenous Fertilizers Price Trends
- India Nitrogenous Fertilizers Porter's Five Forces
- India Nitrogenous Fertilizers Industry Life Cycle
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- India Nitrogenous Fertilizers Import Export Trade Statistics
- India Nitrogenous Fertilizers Company Profiles
- India Nitrogenous Fertilizers Key Strategic Recommendations
- India Nitrogenous Fertilizers Top Companies Market Share
- India Nitrogenous Fertilizers Competitive Benchmarking By Technical and Operational Parameters
- Historical Data and Forecast of India Nitrogenous Fertilizers Revenues Volume for the Period 2016 - 2026
- Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues Volume By Cereals Grains for the Period 2016 - 2026
- Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of India Nitrogenous Fertilizers Market Revenues Volume By Fruits Vegetables for the Period 2016 - 2026
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