Liquid Fertilizers Market
PUBLISHED: 2021 ID: SMRC20772
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Liquid Fertilizers Market

Liquid Fertilizers Market Forecasts to 2028 – Global Analysis By Crop Type (Oilseeds & Pulses, Turf & Ornamentals, Forage), Type of Fertilizer (Single-Nutrient, Multi-Nutrient), Application (Foliar, Direct Soil) and By Geography

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Published: 2021 ID: SMRC20772

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Liquid Fertilizers Market is accounted for $12,405.33 million in 2020 and is expected to reach $18,050.88 million by 2028 growing at a CAGR of 4.8% during the forecast period. The adoption of accuracy farming, endangered agriculture & rapid growth in greenhouse vegetable production and growth in demand for improved high-efficiency fertilizers are driving the market growth. However, lack of awareness about application practices among farmers is hampering the growth of the market.

Liquid fertilizers boost the efficiency of the soil by altering its water-retaining and airing capacity. Vital micronutrients such as copper, iron, manganese, zinc, and macronutrients such as nitrogen, phosphate, and potassium are delivered to the soil or to the crops directly in the form of liquid fertilizers for improving crop production. Liquid fertilizers are substances derived from natural or synthetic sources, which supply plant nutrients that are vital for the healthier growth of plants.

Based on the type, the nitrogen segment is going to have lucrative growth during the forecast period. Nitrogen is one of the most-extensively consumed nutrients among all the macro and microelements essential for plant growth. It is used to form amino acids, which harvest proteins, and take part in nearly each biochemical reaction executed in a plant. The most common problem that farmer faces, is the insufficient nitrogen (N) availability in the soil. Therefore, further liquid nitrogen fertilization is requisite to eliminate this problem. Urea, ammonium nitrate, ammonium sulfate, and calcium nitrate are generally accessible nutrient sources of liquid nitrogen. Furthermore, numerous amalgamations of nutrients are manufactured and used to offer nutrition to plants.

By geography, Asia Pacific is going to have high growth during the forecast period. The factors, such as the poor nutrition management, heavy reliance on nitrogenous liquid fertilizer, declining soil fertility, fragile marketing and distribution systems, lack of complementary inputs, rising concern over the current pattern of liquid fertilizer use, and lack of complementary inputs there is an amplified need to advance liquid fertilizer's effectiveness in the province. Additionally, these disquiets have given way to liquid bio-fertilizer and liquid micronutrient fertilizer being advanced in the region.

Some of the key players profiled in the Liquid Fertilizers Market include Agrium Inc, Yara International ASA, Agroliquid Compo Expert GmbH, FoxFar Soil And Fertilizer Company, Haifa Chemicals Ltd. Israel Chemical Ltd. (ICL), Kugler Company, Nutrien, Nutri-Tech Solutions, Plant Food Company, Inc, Rural Liquid Fertilizer, Sociedad Química Y Minera De Chile (SQM) and The Mosaic Company.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 12,405.33million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

4.8%

Predicted 2028 Value:

USD 18,050.88 million

Forecast Years:

2021-2028

Tables, Graphs& Figures

342

Chapters Covered:

Crop Type, Major Compound, Type of Fertilizer, Source, Application, and Region

Core Drivers and Opportunities:

  • Adoption of accuracy farming
  • Rapid growth in greenhouse vegetable production
  • New emerging economies

Restraining Factors & Market Threats:

  • Lack of awareness about application practices among farmers


Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Turf & Ornamentals
• Commercial Crops
• Forage
• Nursery plant
• Others Crop Types   

Major Compound’s Covered:
• Urea-Ammonium Nitrate (Uan)
• Diammonium Phosphate (Dap)
• Calcium Ammonium Nitrate (Can)
• Monoammonium Phosphate (Map)
• Potassium Nitrate
• Phosphorus Pentoxide (P205)
• Other Major Compounds  

Type of Fertilizers Covered:
• Single-Nutrient
• Micro-Nutrient
• Multi-Nutrient Fertilizer

Sources Covered:
• Synthetic
• Organic

Applications Covered:
• Soil
• Foliar
• Surface Broadcast
• Band Application
• Fertigation
• Injection Into Soil
• Direct Soil
• Other Applications

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 2019, 2020, 2021, 2025 and 2028
- 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

Key Questions Answered In The Report

The Global Liquid Fertilizers Market is majorly driven by the adoption of accuracy farming, endangered agriculture & rapid growth in greenhouse vegetable production and growth in demand for improved high-efficiency fertilizers.

The nitrogen segment is growing at a highest CAGR as nitrogen is one of the most-extensively consumed nutrients among all the macro and microelements essential for plant growth.

North America dominated with a significant market share due to the factors such as rising demand of high fertilizers, limited arable land and implementation of precision farming and protected agriculture.

Asia Pacific market is growing at a highest CAGR owing to the poor nutrition management, heavy reliance on nitrogenous liquid fertilizer, and lack of complementary inputs there is an amplified need to advance liquid fertilizer's effectiveness in the province.

Key players in Liquid Fertilizers Market include Agrium Inc, Yara International ASA, Agroliquid Compo Expert GmbH, FoxFar Soil And Fertilizer Company, Haifa Chemicals Ltd. Israel Chemical Ltd. (ICL), Kugler Company, Nutrien, Nutri-Tech Solutions, Plant Food Company, Inc, Rural Liquid Fertilizer, SociedadQuímica Y Minera De Chile (SQM) and The Mosaic Company.

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     
 3.6 Application Analysis     
 3.7 Emerging Markets     
 3.8 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 Liquid Fertilizers Market, By Crop Type      
 5.1 Introduction     
 5.2 Cereals & Grains     
  5.2.1 Corn    
  5.2.2 Wheat    
  5.2.3 Rice    
  5.2.4 Other Cereals & Grains    
   5.2.4.1 Sorghum   
   5.2.4.2 Barley    
   5.2.4.3 Oats   
 5.3 Oilseeds & Pulses     
  5.3.1 Soybean    
  5.3.2 Other Oilseeds & Pulses     
   5.3.2.1 Canola   
   5.3.2.2 Cotton   
   5.3.2.3 Sunflower   
   5.3.2.4 Beans   
 5.4 Fruits & Vegetables     
 5.5 Turf & Ornamentals     
 5.6 Commercial Crops     
 5.7 Forage     
 5.8 Nursery plant     
 5.9 Others Crop Types     
  5.9.1 Plantations     
  5.9.2 Cash Crops    
       
6 Global Liquid Fertilizers Market, By Major Compound      
 6.1 Introduction     
 6.2 Urea-Ammonium Nitrate (UAN)     
 6.3 Diammonium Phosphate (DAP)     
 6.4 Calcium Ammonium Nitrate (CAN)     
 6.5 Monoammonium Phosphate (MAP)     
 6.6 Potassium Nitrate     
 6.7 Phosphorus Pentoxide (P205)     
 6.8 Other Major Compounds     
  6.8.1 Boron    
  6.8.2 Chloride    
  6.8.3 Iron    
       
7 Global Liquid Fertilizers Market, By Type of Fertilizers      
 7.1 Introduction     
 7.2 Single-Nutrient     
  7.2.1 Nitrogen    
  7.2.2 Phosphorus    
  7.2.3 Potassium     
 7.3 Micro-Nutrient     
  7.3.1 Zinc    
  7.3.2 Molybdenum    
  7.3.3 Copper    
 7.4 Multi-Nutrient Fertilizer     
  7.4.1 NPK Fertilizers     
  7.4.2 Binary Fertilizers    
       
8 Global Liquid Fertilizers Market, By Source      
 8.1 Introduction      
 8.2 Synthetic     
 8.3 Organic     
       
9 Global Liquid Fertilizers Market, By Application      
 9.1 Introduction     
 9.2 Soil     
 9.3 Foliar     
 9.4 Surface Broadcast     
 9.5 Band Application     
 9.6 Fertigation     
  9.6.1 Agricultural Fields    
  9.6.2 Hydroponics    
 9.7 Injection Into Soil     
 9.8 Direct Soil     
 9.9 Other Applications     
  9.9.1 Aerial Applications    
  9.9.2 Starter Solutions    
       
10 Global Liquid 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 Agrium Inc     
 12.2 Yara International ASA     
 12.3 Agroliquid      
 12.4 Compo Expert GmbH     
 12.5 FoxFar Soil And Fertilizer Company     
 12.6 Haifa Chemicals Ltd.      
 12.7 Israel Chemical Ltd. (ICL)      
 12.8 Kugler Company      
 12.9 Nutrien     
 12.10 Nutri-Tech Solutions     
 12.11 Plant Food Company, Inc     
 12.12 Rural Liquid Fertilizer     
 12.13 Sociedad Química Y Minera De Chile (SQM)      
 12.14 The Mosaic Company     


List of Tables       
1 Global Liquid Fertilizers Market Outlook, By Region (2019-2028) (US $MN)       
2 Global Liquid Fertilizers Market Outlook, By Crop Type (2019-2028) (US $MN)       
3 Global Liquid Fertilizers Market Outlook, By Cereals & Grains (2019-2028) (US $MN)       
4 Global Liquid Fertilizers Market Outlook, By Corn (2019-2028) (US $MN)       
5 Global Liquid Fertilizers Market Outlook, By Wheat (2019-2028) (US $MN)       
6 Global Liquid Fertilizers Market Outlook, By Rice (2019-2028) (US $MN)       
7 Global Liquid Fertilizers Market Outlook, By Other Cereals & Grains (2019-2028) (US $MN)       
8 Global Liquid Fertilizers Market Outlook, By Oilseeds & Pulses (2019-2028) (US $MN)       
9 Global Liquid Fertilizers Market Outlook, By Soybean (2019-2028) (US $MN)       
10 Global Liquid Fertilizers Market Outlook, By Other Oilseeds & Pulses  (2019-2028) (US $MN)       
11 Global Liquid Fertilizers Market Outlook, By Fruits & Vegetables (2019-2028) (US $MN)       
12 Global Liquid Fertilizers Market Outlook, By Turf & Ornamentals (2019-2028) (US $MN)       
13 Global Liquid Fertilizers Market Outlook, By Commercial Crops (2019-2028) (US $MN)       
14 Global Liquid Fertilizers Market Outlook, By Forage (2019-2028) (US $MN)       
15 Global Liquid Fertilizers Market Outlook, By Nursery plant (2019-2028) (US $MN)       
16 Global Liquid Fertilizers Market Outlook, By Others Crop Types (2019-2028) (US $MN)       
17 Global Liquid Fertilizers Market Outlook, By Plantations  (2019-2028) (US $MN)       
18 Global Liquid Fertilizers Market Outlook, By Cash Crops (2019-2028) (US $MN)       
19 Global Liquid Fertilizers Market Outlook, By Major Compound (2019-2028) (US $MN)       
20 Global Liquid Fertilizers Market Outlook, By Urea-Ammonium Nitrate (UAN) (2019-2028) (US $MN)       
21 Global Liquid Fertilizers Market Outlook, By Diammonium Phosphate (DAP) (2019-2028) (US $MN)       
22 Global Liquid Fertilizers Market Outlook, By Calcium Ammonium Nitrate (CAN) (2019-2028) (US $MN)       
23 Global Liquid Fertilizers Market Outlook, By Monoammonium Phosphate (MAP) (2019-2028) (US $MN)       
24 Global Liquid Fertilizers Market Outlook, By Potassium Nitrate (2019-2028) (US $MN)       
25 Global Liquid Fertilizers Market Outlook, By Phosphorus Pentoxide (P205) (2019-2028) (US $MN)       
26 Global Liquid Fertilizers Market Outlook, By Other Major Compounds (2019-2028) (US $MN)       
27 Global Liquid Fertilizers Market Outlook, By Boron (2019-2028) (US $MN)       
28 Global Liquid Fertilizers Market Outlook, By Chloride (2019-2028) (US $MN)       
29 Global Liquid Fertilizers Market Outlook, By Iron (2019-2028) (US $MN)       
30 Global Liquid Fertilizers Market Outlook, By Type of Fertilizers (2019-2028) (US $MN)       
31 Global Liquid Fertilizers Market Outlook, By Single-Nutrient (2019-2028) (US $MN)       
32 Global Liquid Fertilizers Market Outlook, By Nitrogen (2019-2028) (US $MN)       
33 Global Liquid Fertilizers Market Outlook, By Phosphorus (2019-2028) (US $MN)       
34 Global Liquid Fertilizers Market Outlook, By Potassium  (2019-2028) (US $MN)       
35 Global Liquid Fertilizers Market Outlook, By Micro-Nutrient (2019-2028) (US $MN)       
36 Global Liquid Fertilizers Market Outlook, By Zinc (2019-2028) (US $MN)       
37 Global Liquid Fertilizers Market Outlook, By Molybdenum (2019-2028) (US $MN)       
38 Global Liquid Fertilizers Market Outlook, By Copper (2019-2028) (US $MN)       
39 Global Liquid Fertilizers Market Outlook, By Multi-Nutrient Fertilizer (2019-2028) (US $MN)       
40 Global Liquid Fertilizers Market Outlook, By NPK Fertilizers  (2019-2028) (US $MN)       
41 Global Liquid Fertilizers Market Outlook, By Binary Fertilizers (2019-2028) (US $MN)       
42 Global Liquid Fertilizers Market Outlook, By Source (2019-2028) (US $MN)       
43 Global Liquid Fertilizers Market Outlook, By Synthetic (2019-2028) (US $MN)       
44 Global Liquid Fertilizers Market Outlook, By Organic (2019-2028) (US $MN)       
45 Global Liquid Fertilizers Market Outlook, By Application (2019-2028) (US $MN)       
46 Global Liquid Fertilizers Market Outlook, By Soil (2019-2028) (US $MN)       
47 Global Liquid Fertilizers Market Outlook, By Foliar (2019-2028) (US $MN)       
48 Global Liquid Fertilizers Market Outlook, By Surface Broadcast (2019-2028) (US $MN)       
49 Global Liquid Fertilizers Market Outlook, By Band Application (2019-2028) (US $MN)       
50 Global Liquid Fertilizers Market Outlook, By Fertigation (2019-2028) (US $MN)       
51 Global Liquid Fertilizers Market Outlook, By Agricultural Fields (2019-2028) (US $MN)       
52 Global Liquid Fertilizers Market Outlook, By Hydroponics (2019-2028) (US $MN)       
53 Global Liquid Fertilizers Market Outlook, By Injection Into Soil (2019-2028) (US $MN)       
54 Global Liquid Fertilizers Market Outlook, By Direct Soil (2019-2028) (US $MN)       
55 Global Liquid Fertilizers Market Outlook, By Other Applications (2019-2028) (US $MN)       
56 Global Liquid Fertilizers Market Outlook, By Aerial Applications (2019-2028) (US $MN)        
57 Global Liquid Fertilizers Market Outlook, By Starter Solutions (2019-2028) (US $MN)       
       
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.      

List of Figures

RESEARCH METHODOLOGY


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

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