Liquid Fertilizers Market
Liquid Fertilizers Market Forecasts to 2030 - Global Analysis By Product Type (Nitrogen Fertilizers, Phosphate Fertilizers, Potassium Fertilizers, Micronutrients and Other Product Types), Crop Type, Functionality, Compound, Application, End User and By Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $22.3 BN |
|
Projected Year Value (2030) |
US $35.1 BN |
|
CAGR (2024 - 2030) |
7.9% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Liquid Fertilizers Market is accounted for $22.3 billion in 2024 and is expected to reach $35.1 billion by 2030 growing at a CAGR of 7.9% during the forecast period. Liquid fertilizers are concentrated nutrient solutions designed for easy application to plants via irrigation systems or foliar spraying. They typically contain essential elements like nitrogen, phosphorus, and potassium, along with micronutrients necessary for plant growth. These fertilizers are prized for their rapid absorption and immediate availability to plants, promoting quicker nutrient uptake compared to solid forms. Their versatility makes them popular in both commercial agriculture and home gardening, offering precise control over nutrient delivery and efficiency in boosting crop yields and plant health.
According to the UN, the world population is likely to exceed nine billion by 2050. According to the Food and Agriculture Organization, 70% of the global population is expected to live in cities by 2050. Due to the global loss of arable land, farmers now need to utilize more fertilizers to increase crop yields.
Market Dynamics:
Driver:
Increasing agricultural demand
The increasing global agricultural demand is significantly driving the market. Factors such as population growth, changing dietary preferences, and the need for sustainable farming practices are prompting the adoption of liquid fertilizers, which offer rapid nutrient absorption and targeted application. Additionally, innovations in formulation and delivery methods are making these fertilizers more accessible, further fueling their popularity among both large-scale producers and smallholder farmers.
Restraint:
Lack of awareness
Lack of awareness about liquid fertilizers can severely impact agricultural productivity and sustainability. Farmers unaware of their benefits may miss opportunities for improved crop yields and efficient nutrient management. This ignorance often leads to over-reliance on traditional fertilizers, resulting in environmental harm and wasted resources. Ultimately, insufficient education on liquid fertilizers can hinder economic growth, limit food security, and perpetuate outdated practices within agricultural communities.
Opportunity:
Shift towards organic farming
The shift towards organic farming is influencing the market by increasing demand for natural and eco-friendly nutrient solutions. Farmers are increasingly seeking organic liquid fertilizers that enhance soil health and promote sustainable practices. This trend not only supports environmental conservation but also meets consumer preferences for organic produce. As awareness of the benefits of organic farming grows, liquid fertilizers derived from natural sources are becoming more popular, driving innovation and market growth.
Threat:
Environmental concerns
Environmental concerns regarding chemical runoff and soil degradation are negatively impacting the market. Increasing scrutiny from regulatory bodies and consumers has led to a decline in the acceptance of conventional liquid fertilizers, as their misuse can contaminate water sources and harm ecosystems. This heightened awareness may prompt farmers to seek alternative solutions, potentially disrupting established practices and leading to economic challenges for producers reliant on traditional liquid fertilizer sales.
Covid-19 Impact:
The COVID-19 pandemic significantly disrupted the market, causing supply chain challenges and delays in production and distribution. Lockdowns and labor shortages hindered manufacturing capabilities, while logistical issues affected transportation and availability of products. Additionally, fluctuating demand from the agricultural sector, driven by uncertainties in crop planting and harvest schedules further impacted sales. However, the crisis also highlighted the importance of resilient supply chains and prompted innovation in fertilizer formulations and delivery methods.
The potassium nitrate segment is projected to be the largest during the forecast period
The potassium nitrate segment is projected to account for the largest market share during the projection period prized for its dual role as a source of both potassium and nitrogen. Its high solubility makes it ideal for foliar applications and fertigation, promoting rapid nutrient uptake by plants. This versatility supports enhanced growth, flowering, and fruiting in various crops. As agricultural practices shift toward more efficient nutrient management, potassium nitrate's popularity is expected to rise, meeting the demands of modern farming.
The horticultural segment is expected to have the highest CAGR during the forecast period
The horticultural segment is expected to have the highest CAGR during the extrapolated period. Liquid fertilizers provide essential macronutrients and micronutrients that support optimal growth, flowering, and fruit development in various horticultural crops. Their ease of application and quick absorption make them ideal for greenhouse and outdoor cultivation. As demand for high-quality produce rises, horticulturalists increasingly rely on liquid fertilizers to improve crop performance and sustainability.
Region with largest share:
North America region is projected to account for the largest market share during the forecast period. Farmers are increasingly adopting liquid formulations for their rapid nutrient availability and ease of application, particularly in large-scale crop production. Environmental concerns and regulatory pressures are also pushing the market towards more sustainable solutions. As a result, innovation in liquid fertilizer products is fostering greater efficiency and effectiveness in nutrient management across the region.
Region with highest CAGR:
Asia Pacific is expected to register the highest growth rate over the forecast period driven by increasing agricultural productivity demands. The adoption of modern farming techniques, such as precision farming and fertigation, is facilitating the use of liquid fertilizers. These methods allow for more precise nutrient delivery, leading to better absorption and crop performance. Additionally, investment initiatives by governments and private sectors in sustainable agricultural practices are promoting the development and use of liquid fertilizers.
Key players in the market
Some of the key players in Liquid Fertilizers market include BASF SE, Sierra Chemical Company, Haifa Group, Yara International ASA, K+S Aktiengesellschaft, Bonide Products, Inc., SABIC, ICL, AgroChem Solutions, Solvay S.A., EuroChem Group AG, Valagro SPA, AgroLiquid, The Scotts Miracle-Gro Company and IFFCO.
Key Developments:
In May 2024, AgroChem Solutions launches smart liquid fertilizer system, integrating soil sensors and GPS for precision application. Early trials show 20% reduction in fertilizer use with maintained yields.
In April 2024, Mahadhan Agritech Limited (MAL) announced a partnership with Haifa Group to enhance agricultural innovation in India. This collaboration aims to promote high-performing specialty fertilizers designed to improve crop quality and productivity across various agricultural sectors, particularly in regions utilizing drip irrigation systems.
Product Types Covered:
• Nitrogen Fertilizers
• Phosphate Fertilizers
• Potassium Fertilizers
• Micronutrients
• Other Product Types
Crop Types Covered:
• Cereals & Grains
• Fruits & Vegetables
• Pulses & Oilseeds
• Other Crop Types
Functionalities Covered:
• Plant Growth Promoters
• Soil Conditioners
• Nutrient Supplements
Compounds Covered:
• Calcium Ammonium Nitrate (CAN)
• Urea-Ammonium Nitrate (UAN)
• Potassium Nitrate
• Phosphorus Pentoxide (P2O5)
Applications Covered:
• Greenhouses
• Landscaping
• Sports Turf Management
• Soil Amendment
• Home Gardening
• Other Applications
End Users Covered:
• Agricultural
• Horticultural
• Hydroponics
• Fertigation
• 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 2022, 2023, 2024, 2026, and 2030
- 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
3.6 Product Analysis
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 Liquid Fertilizers Market, By Product Type
5.1 Introduction
5.2 Nitrogen Fertilizers
5.3 Phosphate Fertilizers
5.4 Potassium Fertilizers
5.5 Micronutrients
5.6 Other Product Types
6 Global Liquid Fertilizers Market, By Crop Type
6.1 Introduction
6.2 Cereals & Grains
6.3 Fruits & Vegetables
6.4 Pulses & Oilseeds
6.5 Other Crop Types
7 Global Liquid Fertilizers Market, By Functionality
7.1 Introduction
7.2 Plant Growth Promoters
7.3 Soil Conditioners
7.4 Nutrient Supplements
8 Global Liquid Fertilizers Market, By Compound
8.1 Introduction
8.2 Calcium Ammonium Nitrate (CAN)
8.3 Urea-Ammonium Nitrate (UAN)
8.4 Potassium Nitrate
8.5 Phosphorus Pentoxide (P2O5)
9 Global Liquid Fertilizers Market, By Application
9.1 Introduction
9.2 Greenhouses
9.3 Landscaping
9.4 Sports Turf Management
9.5 Soil Amendment
9.6 Home Gardening
9.7 Other Applications
10 Global Liquid Fertilizers Market, By End User
10.1 Introduction
10.2 Agricultural
10.3 Horticultural
10.4 Hydroponics
10.5 Fertigation
10.6 Other End Users
11 Global Liquid Fertilizers Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 BASF SE
13.2 Sierra Chemical Company
13.3 Haifa Group
13.4 Yara International ASA
13.5 K+S Aktiengesellschaft
13.6 Bonide Products, Inc.
13.7 SABIC
13.8 ICL
13.9 AgroChem Solutions
13.10 Solvay S.A.
13.11 EuroChem Group AG
13.12 Valagro SPA
13.13 AgroLiquid
13.14 The Scotts Miracle-Gro Company
13.15 IFFCO
List of Tables
1 Global Liquid Fertilizers Market Outlook, By Region (2022-2030) ($MN)
2 Global Liquid Fertilizers Market Outlook, By Product Type (2022-2030) ($MN)
3 Global Liquid Fertilizers Market Outlook, By Nitrogen Fertilizers (2022-2030) ($MN)
4 Global Liquid Fertilizers Market Outlook, By Phosphate Fertilizers (2022-2030) ($MN)
5 Global Liquid Fertilizers Market Outlook, By Potassium Fertilizers (2022-2030) ($MN)
6 Global Liquid Fertilizers Market Outlook, By Micronutrients (2022-2030) ($MN)
7 Global Liquid Fertilizers Market Outlook, By Other Product Types (2022-2030) ($MN)
8 Global Liquid Fertilizers Market Outlook, By Crop Type (2022-2030) ($MN)
9 Global Liquid Fertilizers Market Outlook, By Cereals & Grains (2022-2030) ($MN)
10 Global Liquid Fertilizers Market Outlook, By Fruits & Vegetables (2022-2030) ($MN)
11 Global Liquid Fertilizers Market Outlook, By Pulses & Oilseeds (2022-2030) ($MN)
12 Global Liquid Fertilizers Market Outlook, By Other Crop Types (2022-2030) ($MN)
13 Global Liquid Fertilizers Market Outlook, By Functionality (2022-2030) ($MN)
14 Global Liquid Fertilizers Market Outlook, By Plant Growth Promoters (2022-2030) ($MN)
15 Global Liquid Fertilizers Market Outlook, By Soil Conditioners (2022-2030) ($MN)
16 Global Liquid Fertilizers Market Outlook, By Nutrient Supplements (2022-2030) ($MN)
17 Global Liquid Fertilizers Market Outlook, By Compound (2022-2030) ($MN)
18 Global Liquid Fertilizers Market Outlook, By Calcium Ammonium Nitrate (CAN) (2022-2030) ($MN)
19 Global Liquid Fertilizers Market Outlook, By Urea-Ammonium Nitrate (UAN) (2022-2030) ($MN)
20 Global Liquid Fertilizers Market Outlook, By Potassium Nitrate (2022-2030) ($MN)
21 Global Liquid Fertilizers Market Outlook, By Phosphorus Pentoxide (P2O5) (2022-2030) ($MN)
22 Global Liquid Fertilizers Market Outlook, By Application (2022-2030) ($MN)
23 Global Liquid Fertilizers Market Outlook, By Greenhouses (2022-2030) ($MN)
24 Global Liquid Fertilizers Market Outlook, By Landscaping (2022-2030) ($MN)
25 Global Liquid Fertilizers Market Outlook, By Sports Turf Management (2022-2030) ($MN)
26 Global Liquid Fertilizers Market Outlook, By Soil Amendment (2022-2030) ($MN)
27 Global Liquid Fertilizers Market Outlook, By Home Gardening (2022-2030) ($MN)
28 Global Liquid Fertilizers Market Outlook, By Other Applications (2022-2030) ($MN)
29 Global Liquid Fertilizers Market Outlook, By End User (2022-2030) ($MN)
30 Global Liquid Fertilizers Market Outlook, By Agricultural (2022-2030) ($MN)
31 Global Liquid Fertilizers Market Outlook, By Horticultural (2022-2030) ($MN)
32 Global Liquid Fertilizers Market Outlook, By Hydroponics (2022-2030) ($MN)
33 Global Liquid Fertilizers Market Outlook, By Fertigation (2022-2030) ($MN)
34 Global Liquid Fertilizers Market Outlook, By Other End Users (2022-2030) ($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 provide a free 15% customization on 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.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
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.
