Liquid Fertilizer Market Growing worldwide with 3.90% 2030 with top Key Players Nutrien Ltd, EuroChem Group, Sociedad Química y Minera de Chile By 2023 – 2030
Research Reports
Jul 17, 2023
Liquid Fertilizer Market Research Future Insights
Liquid Fertilizer Market Size was valued at USD 2.70 billion in 2022. The Liquid Fertilizer market industry is projected to grow from USD 2.80 Billion in 2023 to USD 3.52 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.90% By 2023 – 2030.
The liquid fertilizer market refers to the industry involved in the production, distribution, and use of fertilizers that are in liquid form. Liquid fertilizers are concentrated solutions of nutrients that can be easily applied to crops through irrigation systems or foliar sprays. They provide essential nutrients to plants in a readily available form, promoting healthy growth and increased yields. The COVID-19 pandemic had both positive and negative impacts on the liquid fertilizer market. On one hand, the increased focus on food security and the need to enhance agricultural productivity led to a higher demand for fertilizers, including liquid fertilizers On the other hand, the pandemic disrupted supply chains and logistics, affecting the production and distribution of liquid fertilizers.
Free Sample Copy – Access a complimentary copy of our report to explore its content and insights.
Key Players
Some of the market key players are Nutrien Ltd. (Canada), EuroChem Group (Switzerland), Yara International ASA (Norway), Sociedad Química y Minera de Chile (SQM) (Chile), The Mosaic Company (US), Israel Chemical Ltd. (Israel), and K+S Aktiengesellschaft (Germany)
Market Segmentation
The Global Liquid fertilizer market has been segmented into Category, Type, Crop Type and Mode of Application
Based on Category: Organic and Synthetic
Based on Type: Nitrogen, Potassium, Phosphate and others
Based on Crop Type: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulse and Others
Based on Mode of Application: Soil, Foliar, Fertigation and others
Regional Analysis
The North American liquid fertilizer market is well-developed, driven by the large-scale commercial agriculture sector. The United States and Canada are the major contributors to the market, with a wide range of liquid fertilizers available for different crops and soil conditions. Europe has a significant market for liquid fertilizers, driven by the focus on sustainable agriculture and the need for efficient nutrient management. Countries like Germany, France, and the Netherlands are leading in the adoption of liquid fertilizers, particularly in intensive farming systems.
The liquid fertilizer market in the Asia Pacific region is growing rapidly due to the increasing population, rising demand for food, and the need to improve agricultural productivity. Countries like China, India, and Southeast Asian nations are witnessing increased adoption of liquid fertilizers, especially for high-value crops. Latin America has a substantial market for liquid fertilizers, driven by the region’s diverse agricultural activities and the need for balanced nutrient application.
Countries like Brazil and Argentina are major contributors to the market, with a focus on precision agriculture and sustainable farming practices. The liquid fertilizer market in this region is developing, driven by the need for efficient nutrient delivery systems in arid and semi-arid regions. Countries like Saudi Arabia, South Africa, and Egypt are witnessing increased adoption of liquid fertilizers, particularly for specialty crops and horticulture.
Browse Report – Explore the report’s contents, sections, and key insights by browsing through its detailed information.
Related Report :
Poultry Feed Market Analysis & Size, Share Research Report: Information by Poultry Type (Broilers, Layers, Turkey, and Others), Form (Mash, Pellets, Crumbles, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2030
Biofertilizers Market Research Report Information By Type (Nitrogen Fixing, Phosphate Solubilizing, and Others), By Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables), By Form (Dry and Liquid), By Application (Leaf Treatment, Root Immersion, Plant Rooting, and Others), By Microorganism Type (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Forecast Till 2032
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact Information:
Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com Follow Us: LinkedIn | Twitter
Tags:
Wire, Research Newswire, English