Market Overview / Summary The global ammonium nitrate market size was valued at USD  17.94 billion in 2024, growing at a CAGR of 3.5% from 2025 to 2034.  The ammonium nitrate market is experiencing steady global growth, supported by its dual importance in agriculture and mining. As a high-nitrogen fertilizer, ammonium nitrate is crucial for boosting crop yields in intensive farming...