The report on the global liquid fertilizer market provides qualitative and quantitative analysis for the period from 2021-2030. The revenue generated by the market was USD 17253.34 Million in 2022 and is expected to reach USD 24829.75 Million in 2030, with a CAGR of 4.82% till 2030 during the projected period. The study on liquid fertilizer market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The liquid fertilizers comprise aqueous solutions of ammonium nitrate or urea, anhydrous ammonia, and aqueous solutions of ammonia. These concentrated products are mixed with water to form a concentrated liquid fertilizer. Liquid fertilizer proves to be beneficial as it shows a quick and broad range of effects on crops and acts as a compound, thereby increasing the plant nutrient intake. Moreover, the increasing demand for high-efficiency fertilizers is the key factor driving the growth of the global Liquid fertilizer market. The continuous growth in the population will put pressure on the environment, global food supplies, and energy resources, these factors are generating a need for increased production capacity. Fertilizers include nutrients that are required to crop for better yield so, due to this benefit provided by liquid fertilizer, there is increasing demand for liquid fertilizer which helps to boost the growth of the market.
Nitrogen plays an important role in plant development, it is highly beneficial for the growth of a plant. It mainly promotes leaf growth so, high amounts of nitrogen are needed for leafy vegetables to survive. The main indication of nitrogen deficiency in the plant as the green leaves will start to get yellow and become discolored. To fulfill the need for nitrogen most farmers use liquid nitrogen fertilizer which boosts the growth of the segment as well as contributes to the growth of the market. Additionally, Nitrogen-rich fertilizers are used for the greening of lawns. Increasing lawn areas in residential areas and also using nitrogen-containing fertilizers in gardens may propel the growth of the segment in the market. Moreover, the most common forms of nitrogen-containing fertilizer include anhydrous ammonia, urea, and Urea-ammonium Nitrate (UAN) solutions. Thus, the rising demand for nitrogen-containing fertilizers for different purposes is providing growth to the market.
Asia-pacific generated a significant share of revenue in the Liquid Fertilizer market in 2021 and is expected to continue its dominance over the forecast years. The economically rising countries in the region are providing high growth to the market. The countries in this region own a high area under cultivation of agricultural products. Along with this high adoption of liquid fertilizers for more production and better yield provides support to the growth of the market in the region. Additionally, the extraordinary growth in the innovation of new products and the increasing need for effective fertilizers are contributing to the growth of the liquid fertilizer market during the projected period. Moreover, North America and Europe have grabbed second and third positions in the liquid fertilizer market due to the high revenue generation in the region and are expected to have moderate growth over the forecast period.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the liquid fertilizer market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global liquid fertilizer market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The liquid fertilizers comprise aqueous solutions of ammonium nitrate or urea, anhydrous ammonia, and aqueous solutions of ammonia. These concentrated products are mixed with water to form a concentrated liquid fertilizer. Liquid fertilizer proves to be beneficial as it shows a quick and broad range of effects on crops and acts as a compound, thereby increasing the plant nutrient intake. Moreover, the increasing demand for high-efficiency fertilizers is the key factor driving the growth of the global Liquid fertilizer market. The continuous growth in the population will put pressure on the environment, global food supplies, and energy resources, these factors are generating a need for increased production capacity. Fertilizers include nutrients that are required to crop for better yield so, due to this benefit provided by liquid fertilizer, there is increasing demand for liquid fertilizer which helps to boost the growth of the market.
Nitrogen plays an important role in plant development, it is highly beneficial for the growth of a plant. It mainly promotes leaf growth so, high amounts of nitrogen are needed for leafy vegetables to survive. The main indication of nitrogen deficiency in the plant as the green leaves will start to get yellow and become discolored. To fulfill the need for nitrogen most farmers use liquid nitrogen fertilizer which boosts the growth of the segment as well as contributes to the growth of the market. Additionally, Nitrogen-rich fertilizers are used for the greening of lawns. Increasing lawn areas in residential areas and also using nitrogen-containing fertilizers in gardens may propel the growth of the segment in the market. Moreover, the most common forms of nitrogen-containing fertilizer include anhydrous ammonia, urea, and Urea-ammonium Nitrate (UAN) solutions. Thus, the rising demand for nitrogen-containing fertilizers for different purposes is providing growth to the market.
Asia-pacific generated a significant share of revenue in the Liquid Fertilizer market in 2021 and is expected to continue its dominance over the forecast years. The economically rising countries in the region are providing high growth to the market. The countries in this region own a high area under cultivation of agricultural products. Along with this high adoption of liquid fertilizers for more production and better yield provides support to the growth of the market in the region. Additionally, the extraordinary growth in the innovation of new products and the increasing need for effective fertilizers are contributing to the growth of the liquid fertilizer market during the projected period. Moreover, North America and Europe have grabbed second and third positions in the liquid fertilizer market due to the high revenue generation in the region and are expected to have moderate growth over the forecast period.
Report Findings
1) Drivers
- The growing demand for liquid fertilizers owing to the proven benefits driving the growth of the market.
- The adoption of precision farming and protected agriculture, increasing environmental concerns propels the market growth.
2) Restraints
- The adverse effects of fertilizers on soil may hamper the growth of the market
3) Opportunities
- Rising disposable income coupled with growing awareness among farmers is likely to bring more growth opportunities to this market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global liquid fertilizer market is segmented on the basis of fertilizer type, production process, crop type, and application.The Global Liquid Fertilizer Market by Fertilizer Type
- Nitrogen
- Potash
- Phosphorous
- Micronutrients
The Global Liquid Fertilizer Market by Production Process
- Synthetic
- Organic
The Global Liquid Fertilizer Market by Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
The Global Liquid Fertilizer Market by Application
- Soil
- Foliar
- Fertigation
- Others
Company Profiles
The companies covered in the report include- Kugler Company
- Compo Expert Gmbh
- Agrium Inc
- K+S AKTIENGESELLSCHAFT
- Yara International Asa
- Israel Chemical Ltd.
- Haifa Chemicals Ltd
- Plant Food Company
- Rural Liquid Fertilizers
- Agroliquid
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the liquid fertilizer market.2. Complete coverage of all the segments in the liquid fertilizer market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global liquid fertilizer market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Liquid Fertilizer Market Overview
Chapter 5. Global Liquid Fertilizer Market by Fertilizer Type
Chapter 6. Global Liquid Fertilizer Market by Production Process
Chapter 7. Global Liquid Fertilizer Market by Crop Type
Chapter 8. Global Liquid Fertilizer Market by Application
Chapter 9. Global Liquid Fertilizer Market by Region 2023-2030
Chapter 10. Company Profiles and Competitive Landscape
Companies Mentioned
- Kugler Company
- Compo Expert Gmbh
- Agrium Inc
- K+S AKTIENGESELLSCHAFT
- Yara International Asa
- Israel Chemical Ltd.
- Haifa Chemicals Ltd
- Plant Food Company
- Rural Liquid Fertilizers
- Agroliquid
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 300 |
| Published | July 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 17.25 Billion |
| Forecasted Market Value ( USD | $ 24.83 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
