UK Nitrogenous Fertilizer Market Size & Outlook, 2022-2030
UK nitrogenous fertilizer market, 2018-2030 (US$M)
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UK nitrogenous fertilizer market highlights
- The UK nitrogenous fertilizer market generated a revenue of USD 970.0 million in 2022 and is expected to reach USD 1,529.7 million by 2030.
- The UK market is expected to grow at a CAGR of 5.9% 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 970.0 million |
| Market revenue in 2030 | USD 1,529.7 million |
| Growth rate | 5.9% (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, UK accounted for 0.8% 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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UK 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 37.53% in 2022. Horizon Databook has segmented the UK 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.
According to the National Institute of Economic and Social Research, agricultural practices in the UK are mainly carried out in rural areas, which comprise less than 2% of the overall workforce in the country. The total area of agricultural holdings in the country is 9.34 million hectares.
With continuous investments in R&D in the country, use of improved plant protection products is increasing to meet the environmental standards and ensure productivity gains. Nitrogen fertilizers are mainly used in the country as compared to phosphate and potash fertilizers.
The country the country and technological advancements in the agricultural industry are likely to fuel the demand for nitrogenous fertilizers market in the near future.
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Our clientele includes a mix of nitrogenous fertilizer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK nitrogenous fertilizer market , including forecasts for subscribers. This country databook contains high-level insights into UK nitrogenous fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK nitrogenous fertilizer market size, by product, 2018-2030 (US$M)
UK Nitrogenous Fertilizer Market Outlook Share, 2022 & 2030 (US$M)
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