Water Soluble Fertilizers Market
Water Soluble Fertilizers Market Forecasts to 2032 - Global Analysis By Fertilizer Type (Calcium Nitrate, NPK, Potassium Nitrate, Potassium Sulphate, and Others Fertilizer Types), Crop Type, Form, Application, End User and By Geography
According to Stratistics MRC, the Global Water Soluble Fertilizers Market is accounted for $21.5 billion in 2025 and is expected to reach $38.1 billion by 2032 growing at a CAGR of 8.5% during the forecast period. Water Soluble Fertilizers (WSFs) are nutrient-rich formulations designed to dissolve completely in water, enabling efficient delivery of essential elements like nitrogen, phosphorus, potassium, and micronutrients to plants. Unlike traditional granular fertilizers, WSFs are applied through irrigation systems (fertigation) or foliar sprays, ensuring rapid absorption by crops. They offer precise nutrient control, reduce waste, and improve crop yield and quality, particularly in controlled environments like hydroponics, greenhouses, or precision agriculture. Ideal for high-value crops, WSFs minimize soil salinity risks and allow tailored feeding schedules.
According to the World Bank, fertilizer prices have risen since 2022 due to rising input costs, supply disruptions, and export restrictions in China. The Ukrainian conflict has increased concerns about fertilizer affordability.
Market Dynamics:
Driver:
Rising demand for high-efficiency farming
The rising demand for high-efficiency farming practices is significantly boosting the adoption of water-soluble fertilizers. With increasing pressure to enhance crop yields on limited arable land, farmers are shifting towards precision agriculture, where WSFs play a crucial role. Moreover, WSFs are becoming essential in greenhouse farming and drip irrigation systems, promoting higher input efficiency. As global food demand rises, farmers are seeking advanced solutions to improve both quantity and quality of produce. This is driving investments in innovative WSF products by leading agritech companies.
Restraint:
Inadequate irrigation systems hinder fertigation
The lack of efficient irrigation infrastructure, especially in developing and underdeveloped regions, is hindering the widespread application of water-soluble fertilizers. Since WSFs require controlled and uniform water supply systems for effective nutrient distribution, areas with inconsistent or inadequate irrigation face challenges in adoption. water management practices further affect the uniformity of fertilizer application, leading to uneven crop development. In some cases, technical know-how is also a limiting factor, as users may lack training in optimized fertigation. This ultimately restricts the market penetration of WSFs in less developed areas.
Opportunity:
Development of fortified WSFs with micronutrients
There is growing potential in the development of fortified WSFs enriched with essential micronutrients to address nutrient deficiencies in soil. As the agricultural industry becomes more research-driven, manufacturers are innovating customized formulations to target specific crop needs. Additionally, regulatory support for sustainable farming practices is encouraging the use of environmentally friendly and balanced fertilizers. Emerging markets, particularly in Asia and Africa, are witnessing rising demand for such advanced products. Companies that can offer crop-specific, micronutrient-rich WSFs are likely to capitalize on this growth trend.
Threat:
Fluctuations in potassium, phosphate, and urea costs
Volatility in the global prices of key raw materials like potassium, phosphate, and urea poses a significant threat to the stability of the WSF market. These raw materials are highly dependent on geopolitical dynamics and trade policies, making the supply chain vulnerable to disruptions. Unstable pricing can hinder the planning and budgeting for large-scale agricultural operations. Some farmers may revert to traditional fertilizers as a cost-saving measure in times of price surges. This uncertainty presents a challenge for manufacturers in maintaining consistent pricing and profit margins.
Covid-19 Impact:
The COVID-19 pandemic initially disrupted the supply chains for raw materials and finished WSF products due to lockdowns and restricted transport. Farmers and agribusinesses began emphasizing food security and sustainability, increasing the long-term demand for efficient fertilizers. Governments also introduced subsidies and support schemes to maintain food production during the crisis. Overall, while short-term disruptions occurred, the pandemic reinforced the importance of smart agriculture and boosted future growth prospects for the WSF market.
The calcium nitrate segment is expected to be the largest during the forecast period
The calcium nitrate segment is expected to account for the largest market share during the forecast period because of its wide application in high-value crops and its ability to supply both calcium and nitrogen in a readily absorbable form. Its solubility and compatibility with fertigation systems make it a popular choice in precision farming. The segment's growth is further supported by increasing greenhouse cultivation, especially in developed markets. As the focus on plant nutrition intensifies, calcium nitrate is likely to retain its leadership in the WSF category.
The horticulture segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the horticulture segment is predicted to witness the highest growth rate fuelling the rapid expansion of the horticulture segment. These crops require precise nutrient management, which water-soluble fertilizers provide efficiently. Controlled environment agriculture (CEA), including hydroponics and vertical farming, is gaining traction, particularly in urban areas. These systems heavily rely on WSFs for optimal yield. Moreover, export-oriented horticulture industries in developing countries are investing in high-quality inputs to meet international standards.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share supported by the presence of major agricultural economies like China, India, and Indonesia with large farming populations. Governments are actively promoting fertigation and the use of advanced fertilizers through subsidies and awareness programs. Additionally, the growing demand for food in densely populated countries is pressuring farmers to adopt high-performance inputs. The region also benefits from a growing number of WSF manufacturers and competitive pricing.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR fuelled by the rapid adoption of smart farming techniques, including drip irrigation and precision fertilization. Farmers in the U.S. and Canada are increasingly investing in nutrient-efficient products to maximize productivity and minimize environmental impact. The rising awareness about soil health and the environmental advantages of water-soluble solutions support their increasing usage. Government initiatives aimed at promoting sustainable farming practices are also contributing to regional market growth.
Key players in the market
Some of the key players in Water Soluble Fertilizers Market include Coromandel International Ltd., DCM Shriram Ltd., Indian Farmers Fertiliser Cooperative Ltd. (IFFCO), Nagarjuna Fertilizers and Chemicals Ltd., Gujarat State Fertilizers & Chemicals Ltd., Captain Polyplast Ltd., Haifa Negev Technologies Ltd., Yara Fertilisers India Private Limited, Hindchem Corporation, Nutrien Ltd., Israel Chemical Ltd., EuroChem Group, Coromandel International Ltd., Mangalore Chemicals & Fertilizers Ltd and Incitec Pivot Ltd.
Key Developments:
In March 2025, Yara Fertilisers India Private Limited launched the YaraVita OPTITRAC, a water-soluble micronutrient blend designed to enhance crop resilience in high-yield farming systems.
In February 2025, Nutrien Ltd, introduced the NutriSync Pro, a water-soluble fertilizer with tailored nitrogen ratios for precision agriculture applications.
Fertilizer Types Covered:
• Calcium Nitrate
• NPK
• Potassium Nitrate
• Potassium Sulphate
• Other Fertilizer Types
Crop Types Covered:
• Horticulture
• Ornamental
• Field Crop
• Other Crop Types
Forms Covered:
• Dry
• Liquid
• Other Forms
Applications Covered:
• Fertigation
• Soil
• Other Applications
End Users Covered:
• Farmers/Agriculturists
• Commercial Growers
• Research Institutions
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Water Soluble Fertilizers Market, By Fertilizer Type
5.1 Introduction
5.2 Calcium Nitrate
5.3 NPK
5.4 Potassium Nitrate
5.5 Potassium Sulphate
5.6 Others Fertilizer Types
6 Global Water Soluble Fertilizers Market, By Crop Type
6.1 Introduction
6.2 Horticulture
6.3 Ornamental
6.4 Field Crop
6.5 Other Crop Types
7 Global Water Soluble Fertilizers Market, By Form
7.1 Introduction
7.2 Dry
7.3 Liquid
7.4 Other Forms
8 Global Water Soluble Fertilizers Market, By Application
8.1 Introduction
8.2 Fertigation
8.3 Foliar Spray
8.4 Other Applications
9 Global Water Soluble Fertilizers Market, By End User
9.1 Introduction
9.2 Farmers/Agriculturists
9.3 Commercial Growers
9.4 Research Institutions
9.5 Other End Users
10 Global Water Soluble Fertilizers Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Coromandel International Ltd.
12.2 DCM Shriram Ltd.
12.3 Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
12.4 Nagarjuna Fertilizers and Chemicals Ltd.
12.5 Gujarat State Fertilizers & Chemicals Ltd.
12.6 Captain Polyplast Ltd.
12.7 Haifa Negev technologies Ltd.
12.8 Yara Fertilisers India Private Limited
12.9 Hindchem corporation
12.10 Nutrien Ltd
12.11 Israel Chemical Ltd
12.12 EuroChem Group
12.13 Coromandel International Ltd
12.14 Mangalore Chemicals & Fertilizers Ltd
12.15 Incitec Pivot Ltd
List of Tables
1 Global Water Soluble Fertilizers Market Outlook, By Region (2024-2032) ($MN)
2 Global Water Soluble Fertilizers Market Outlook, By Fertilizer Type (2024-2032) ($MN)
3 Global Water Soluble Fertilizers Market Outlook, By Calcium Nitrate (2024-2032) ($MN)
4 Global Water Soluble Fertilizers Market Outlook, By NPK (2024-2032) ($MN)
5 Global Water Soluble Fertilizers Market Outlook, By Potassium Nitrate (2024-2032) ($MN)
6 Global Water Soluble Fertilizers Market Outlook, By Potassium Sulphate (2024-2032) ($MN)
7 Global Water Soluble Fertilizers Market Outlook, By Others Fertilizer Types (2024-2032) ($MN)
8 Global Water Soluble Fertilizers Market Outlook, By Crop Type (2024-2032) ($MN)
9 Global Water Soluble Fertilizers Market Outlook, By Horticulture (2024-2032) ($MN)
10 Global Water Soluble Fertilizers Market Outlook, By Ornamental (2024-2032) ($MN)
11 Global Water Soluble Fertilizers Market Outlook, By Field Crop (2024-2032) ($MN)
12 Global Water Soluble Fertilizers Market Outlook, By Other Crop Types (2024-2032) ($MN)
13 Global Water Soluble Fertilizers Market Outlook, By Form (2024-2032) ($MN)
14 Global Water Soluble Fertilizers Market Outlook, By Dry (2024-2032) ($MN)
15 Global Water Soluble Fertilizers Market Outlook, By Liquid (2024-2032) ($MN)
16 Global Water Soluble Fertilizers Market Outlook, By Other Forms (2024-2032) ($MN)
17 Global Water Soluble Fertilizers Market Outlook, By Application (2024-2032) ($MN)
18 Global Water Soluble Fertilizers Market Outlook, By Fertigation (2024-2032) ($MN)
19 Global Water Soluble Fertilizers Market Outlook, By Foliar Spray (2024-2032) ($MN)
20 Global Water Soluble Fertilizers Market Outlook, By Other Applications (2024-2032) ($MN)
21 Global Water Soluble Fertilizers Market Outlook, By End User (2024-2032) ($MN)
22 Global Water Soluble Fertilizers Market Outlook, By Farmers/Agriculturists (2024-2032) ($MN)
23 Global Water Soluble Fertilizers Market Outlook, By Commercial Growers (2024-2032) ($MN)
24 Global Water Soluble Fertilizers Market Outlook, By Research Institutions (2024-2032) ($MN)
25 Global Water Soluble Fertilizers Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We offer complimentary customization of up to 15% with every purchase. To share your customization requirements, feel free to email us at info@strategymrc.com or call us on +1-301-202-5929. .
Please Note: Customization within the 15% threshold is entirely free of charge. If your request exceeds this limit, we will conduct a feasibility assessment. Following that, a detailed quote and timeline will be provided.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
