Nitrogen Fertilizer Market Report 2026

The nitrogen fertilizer market size has grown strongly in recent years. It will grow from $129.36 billion in 2025 to $138 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing global food demand, expansion of commercial agriculture, rising cereal and grain cultivation, adoption of high yield crop varieties, government fertilizer subsidy programs.

The nitrogen fertilizer market size is expected to see strong growth in the next few years. It will grow to $184.81 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to growth in precision agriculture adoption, rising demand for sustainable farming practices, increasing population driven food demand, expansion of irrigation infrastructure, advancements in nitrogen stabilizer technologies. Major trends in the forecast period include rising adoption of controlled release nitrogen fertilizers, growing use of precision farming based nitrogen application, increasing focus on reducing nitrogen runoff, expansion of fertigation based nitrogen delivery, higher demand for enhanced efficiency fertilizers.

The increasing crop losses are expected to propel the growth of the nitrogen fertilizer market going forward. Crop losses refer to the reduction in the quantity or quality of agricultural crops that occurs due to various factors, including natural disasters, pests, diseases, adverse weather conditions, and other unfavorable events. Increasing crop losses is a factor for nitrogen fertilizers. Nitrogen is an essential nutrient for plant growth, and it helps to increase crop yields. For instance, in February 2024, according to the Climate Adaptation Platform, a New Zealand-based platform focused on providing resources and information related to climate adaptation, wheat harvests in 2023 reached 14 million tons. However, yields of other cereals saw declines compared to 2022, with barley down by 5.7%, oats by 18%, and oilseed rape by 11%, reflecting a notable drop in production across multiple crops. Therefore, the rising crop losses are driving the growth of the nitrogen fertilizer market.

Major companies operating in the nitrogen fertilizer market are focusing on low-carbon nitrogen fertilizers and nitrogen-use-efficiency enhancers, such as stabilized and green-ammonia-based fertilizers, to gain a competitive advantage. For instance, in April 2025, BASF SE, a Germany-based agrochemical company, introduced Ampliqan, a nitrification inhibitor that reduces nitrogen loss from urea and ammonium fertilizers by slowing the activity of soil bacteria that convert ammonium into nitrate, thereby improving nitrogen use efficiency and lowering greenhouse gas emissions. Similarly, in May 2023, CF Industries and CHS Inc. began producing and distributing low-carbon nitrogen fertilizers, including products derived from green ammonia, as part of their sustainable agriculture initiative. These advancements address growing regulatory and consumer demands to reduce agriculture’s carbon footprint and help farmers achieve yield goals with less environmental impact. Broader adoption may face challenges due to higher costs compared with traditional fertilizers and the need for updated production and supply chain infrastructure.

In September 2024, Koch Ag & Energy Solutions, a U.S.-based fertilizer company, acquired OCI Global's fertilizer plant for $3.6 billion. This acquisition is intended to enhance Koch's position in the nitrogen fertilizer market and complement its existing operations, which include multiple production facilities across the U.S. and Canada. OCI Global, headquartered in the Netherlands, is a fertilizer company that operates globally, focusing on nitrogen fertilizers.

Major companies operating in the nitrogen fertilizer market are Yara International ASA, CF Industries Holdings Inc., Nutrien Ltd., EuroChem Group AG, OCI N.V., Saudi Basic Industries Corporation (SABIC), Indian Farmers Fertiliser Cooperative Limited (IFFCO), TogliattiAzot JSC, BASF SE, Grupa Azoty S.A., Rashtriya Chemicals and Fertilizers Ltd., Deepak Fertilisers and Petrochemicals Corporation Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Qatar Fertiliser Company (QAFCO), OCI Global, Koch Fertilizer LLC, CVR Partners LP, Terra Nitrogen Company LP, Haifa Group Ltd., Sinofert Holdings Limited, Sinochem Group Co. Ltd., Sociedad Química y Minera de Chile (SQM)

Asia-Pacific was the largest region in the nitrogen fertilizer market in 2025. North America was the second-largest region in the global nitrogen fertilizer market. The regions covered in the nitrogen fertilizer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nitrogen fertilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The nitrogen fertilizer market consists of the sales of nitrogen fertilizers in forms such as anhydrous ammonia, urea, and urea-ammonium nitrate (UAN) solutions. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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