The global demand for Liquid Fertilizers Market is presumed to reach the valuation of nearly USD 27.43 BN by 2030 from USD 18.71 BN in 2022 with a CAGR of 4.9% during the period of 2023-2030.
Liquid fertilizers are inorganic substances, produced industrially and introduced into the soil in a liquid state. Plant absorbed these fertilizers through the roots and leaf pores. These fertilizer have been rich in hormone growth and the micro nutrients and have been utilized for many crops. They are appearing to act in catalyst form, increasing the nutrient uptake of a plant.The liquid fertilizers have been assisting in the establishment rapidly of the seedlings and early growth. The Fertilizers which contain the potassium, sodium and phosphorous has been able for dissolving quickly in the water and may be applied for the eventual saving of application costs and allowing the use of fertilizer.
Market Dynamics
The market is primarily driven by rising demand for micro nutrients for soil efficiency and escalating growth for bio fuels and high quality yield. As per WHO, the global demand for the consumption of agricultural food, feed and fuel has been increased at greater rate. It was estimated that the global demand of farmland productivity has rose at potential rate in 2017 the productivity of corn and wheat was approx. 200 million tons per year and is increasing at rapid pace globally. In addition to this, rising investments by the   government and private players, increasing research and development activities and new product developments are projected to drive the market growth. On the flip side, high cost associated with handling and lack of awareness regarding the benefits associated with use of the liquid fertilizers in various developing countries is expected to hamper growth of market during the forecast period.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of liquid fertilizers.
Market Segmentation
The entire liquid fertilizers market has been sub-categorized into type, production process, crop and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
By Nutrient Type
- Nitrogen
- Potassium
- Phosphate
- Micronutrient
By Mode Of Application
By Crop Type
- Horticulture
- Field Crop
- Turf & Ornamentals
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for liquid fertilizers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Liquid Fertilizers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Liquid Fertilizers market include Yara International ASA, Nutrien Ltd., Israel Chemical Ltd., Haifa Chemical Ltd, Grupa Azoty, The Mosaic Company, Sociedad Química y Minera de Chile S.A., K+S Aktiengesellschaft, Plant Food Company Inc., EuroChem Group, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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