The Green Ammonia Market, valued at approximately USD 320.2 million in 2023, is set to witness a remarkable Compound Annual Growth Rate (CAGR) of over 66.3% from 2024 to 2032, driven by the global push for decarbonization. Green ammonia, produced from renewable energy sources, is gaining traction as a vital solution for reducing carbon emissions in industries such as agriculture and transportation. Advancements in electrolyser technologies and the utilization of renewable energy have significantly decreased the production cost of green ammonia, making it more economically viable. Moreover, the emergence of the green hydrogen economy is boosting the demand for green ammonia due to its effectiveness in storing and transporting hydrogen with higher energy density and easier liquefaction compared to hydrogen gas. The market faces challenges related to high initial investment costs and the need for significant modifications in supply chains, storage, and transportation networks to transition from conventional ammonia. However, ongoing technological developments, such as solid oxide electrolysers and improved catalysts, are enhancing the efficiency and scalability of green ammonia production. The industry is witnessing a shift towards collaborative partnerships among energy firms, tech providers, and industrial users to accelerate the adoption of green ammonia technologies. Governments and international organizations are supporting green ammonia projects through policies, incentives, and funding for pilot initiatives, fostering a conducive environment for market expansion. Noteworthy trends include the exploration of green ammonia as a fuel for ships and as a hydrogen carrier for energy storage and transport. In terms of market analysis, electrolysis technologies dominate, with proton exchange membrane (PEM) electrolysis and alkaline water electrolysis (AWE) leading the way due to their efficiency and compatibility with renewable energy sources. Green ammonia is poised for sustainable growth as industries increasingly embrace this environmentally friendly alternative, signaling a commitment to sustainability and innovation.