India Neem Coated Urea Market to Grow with a CAGR of 4.03% through 2030
Agricultural Expansion and Intensification is expected to
drive the India Neem Coated Urea Market growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Neem
Coated Urea Market - By Region, Competition, Forecast and Opportunities,
2020-2030F”, the India Neem Coated Urea Market achieved the total volume of 278.34 Lakh
Metric Tonnes in 2024 and is anticipated to grow with a CAGR of 4.03% through
2030. As agriculture grows to meet rising food demands, the
need for effective fertilizers to support expanded cultivation areas becomes
more critical. Neem-coated urea addresses this need by enhancing nutrient
availability and efficiency. With intensified farming practices, which involve
frequent cropping and smaller plots, fertilizers that improve soil health and
boost crop productivity are essential. Neem-coated urea’s slow-release feature
is particularly effective under these conditions. Farmers aiming for higher
yields are increasingly opting for fertilizers that maximize nutrient use.
Neem-coated urea supports this objective by providing a consistent supply of
nitrogen, which is vital for crop growth and yield enhancement. The emphasis on
both yield and quality drives the adoption of neem-coated urea, as its
controlled-release mechanism promotes better crop growth and superior quality.
Modern agricultural technologies often focus on
high-efficiency fertilizers. Neem-coated urea aligns with these trends by
offering improved nutrient use efficiency and minimizing environmental impact.
Its integration with advanced farming techniques contributes to more productive
and sustainable agriculture. As agriculture expands into new regions, the
demand for effective fertilizers grows. Neem-coated urea’s versatility in
adapting to various soil types and climates supports its use in these emerging
areas. Additionally, its slow-release nature helps maintain long-term soil
fertility, supporting sustainable farming practices and the effective
management of increasingly productive agricultural land. Agricultural expansion
and intensification drive the demand for neem-coated urea by increasing the
need for efficient, high-performance fertilizers that can support larger-scale
and more intensive farming operations.
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The India Neem Coated Urea Market is segmented into
sales channel, end
use, regional distribution, and company.
Based on the end use, the Food
Crops emerged as the dominating segment in the Indian market for Neem
Coated Urea in 2024 India’s agricultural sector includes a vast area
dedicated to essential food crops such as rice, wheat, and pulses. These crops
are crucial for national food security and are widely cultivated across the
country. The extensive production of these staples drives a significant demand
for fertilizers, including neem-coated urea, to boost yield and quality. The
Indian government supports this demand through substantial subsidies for
fertilizers, including neem-coated urea, which helps make it more affordable
and accessible to farmers. Government programs aimed at enhancing soil health
and productivity frequently focus on food crops, further encouraging the use of
effective fertilizers like neem-coated urea. Food crops are vital for maintaining food security,
and there is a strong emphasis on improving their yield and quality.
Neem-coated urea’s slow-release feature provides better nutrient management,
which translates to higher productivity. Additionally, neem-coated urea
contributes to long-term soil health, essential for sustaining high yields over
multiple growing seasons.
The extensive cultivation of food crops across India,
from the northern plains to southern and eastern regions, ensures a broad
market for neem-coated urea. Its adaptability to various soil types and
climates supports its widespread use. Furthermore, the alignment of neem-coated
urea with the increasing focus on reducing chemical residues and enhancing
environmental sustainability further strengthens its position in the food crop
market. The widespread adoption and farmer trust in neem-coated urea, coupled with
its environmental benefits, solidify its leading role in the market for food
crops.
Based on the region, the South India emerged as the
fastest growing region in the Indian Neem Coated Urea market during the
forecast period. South
India features a diverse array of crops, such as rice, sugarcane, and various
horticultural products. The region's increasing use of neem-coated urea meets
the demand for effective fertilization to support these crops. South Indian
states benefit from regional government initiatives and subsidies that
encourage the use of neem-coated urea, enhancing crop productivity and
sustainability. The region's growing focus on sustainable agricultural
practices, driven by environmental concerns and a shift towards organic
farming, further boosts the popularity of neem-coated urea. Investments in
agricultural infrastructure and technology in South India facilitate its
broader distribution and adoption among farmers. Additionally, ongoing
educational programs and outreach efforts are raising farmer awareness about
the advantages of neem-coated urea, leading to its more rapid adoption in this
region compared to others.
Major companies operating in India Neem Coated Urea Market
are:
- Indian Farmers
Fertiliser Cooperative Limited
- Krishak Bharati
Cooperative Limited
- National
Fertilizers Limited
- Yara Fertilisers
India Pvt. Ltd.
- Mangalore
Chemicals and Fertilizers Limited
- Gujarat State
Fertilizers & Chemicals Limited
- Indorama India
Private Limited
- Fertilizers and
Chemicals Travancore Ltd.
- Zuari Agro
Chemicals Ltd.
- Shakti
Fertilizers Ltd.
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“The expansion of India's neem-coated urea market is
fueled by the need to harmonize increased crop production with environmental
sustainability. As farming becomes more intensive, neem-coated urea provides a
valuable solution with its prolonged nutrient release and lower environmental
footprint. Its growing popularity is attributed not only to its ability to
boost yields but also to its alignment with sustainable farming practices. This
combination of enhanced productivity and environmental benefits makes neem-coated
urea an attractive option for farmers adapting to changing agricultural needs”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“India Neem Coated Urea Market By End Use
(Food Crops, Cash Crops, Horticulture Crops, Plantation Crops & Others), By
Sales Channel (Direct, Indirect), By Region, Competition, Forecast and
Opportunities, 2020-2030”, has evaluated the future growth potential of India Neem
Coated Urea Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in India Neem Coated Urea Market.
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