France Nitrogenous Fertilizer Market Size & Outlook
France nitrogenous fertilizer market, 2018-2030 (US$M)
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France nitrogenous fertilizer market highlights
- The France nitrogenous fertilizer market generated a revenue of USD 1,711.1 million in 2022 and is expected to reach USD 2,857.7 million by 2030.
- The France market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, ammonium nitrate was the largest revenue generating product in 2022.
- Ammonia is the most lucrative product segment registering the fastest growth during the forecast period.
Nitrogenous fertilizer market data book summary
| Market revenue in 2022 | USD 1,711.1 million |
| Market revenue in 2030 | USD 2,857.7 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | Ammonium nitrate |
| Fastest growing segment | Ammonia |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Urea, Methylene Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate |
| Key market players worldwide | Nutrien Ltd, The Mosaic Co, Yara International ASA, CF Industries Holdings Inc, ICL Group Ltd, Bunge Global SA, Sasol Ltd, OCI NV, Koch Industries |
Other key industry trends
- In terms of revenue, France accounted for 1.5% of the global nitrogenous fertilizer market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France nitrogenous fertilizer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,830.9 million by 2030.
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Nitrogenous Fertilizer Market Scope
Nitrogenous Fertilizer Market Companies
| Name | Profile | # Employees | HQ | Website |
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France nitrogenous fertilizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nitrogenous fertilizer market will help companies and investors design strategic landscapes.
Ammonium nitrate was the largest segment with a revenue share of 21.14% in 2022. Horizon Databook has segmented the France nitrogenous fertilizer market based on urea, methylene urea, ammonium nitrate, ammonium sulfate, ammonia, calcium ammonium nitrate covering the revenue growth of each sub-segment from 2018 to 2030.
France was the dominating Europe in the nitrogenous fertilizers market and accounted for around 17% of the volume share in 2020. Ammonium nitrate is the most frequently used nitrogenous fertilizer in the country. The amount of ammonium nitrate imported by the country amounted to USD 51,226 thousand in 2020.
The usable agricultural area in France is around 30 million hectares. More than three-fifth of the agricultural area is used for arable farming. The shrinkage of farmland in the country has resulted in the usage of greater concentrations of fertilizers by farmers owing to the rising need for food crops. This is anticipated to fuel the demand for nitrogenous fertilizers in the predicted years.
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Horizon Databook provides a detailed overview of country-level data and insights on the France nitrogenous fertilizer market , including forecasts for subscribers. This country databook contains high-level insights into France nitrogenous fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France nitrogenous fertilizer market size, by product, 2018-2030 (US$M)
France Nitrogenous Fertilizer Market Outlook Share, 2022 & 2030 (US$M)
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