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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Liquid Fertilizers Market Size, Share, Growth, Trends, and Industry Analysis: By Product Type By Origin By Mode of Application By Crop Type Region
Liquid Fertilizers Market size was valued at US$ 3.5 billion in 2023 and is projected to reach US$ 4.3 billion by 2030, recording a CAGR of 6.6% from 2024-2030. Fertilizers are widely used to grow a variety of crops; however, the rate at which they are applied is entirely reliant on soil fertility, which is normally determined by a soil test and varies depending on the crop. Fertilizers are used in both solid and liquid form among crops. Furthermore, solid fertilizers are often granulated or powdered, and liquid fertilizers are made up of anhydrous ammonia, aqueous ammonia solutions, aqueous ammonium nitrate solutions, or urea. To make a concentrated liquid fertilizer, combine these concentrated materials with water (e.g., UAN). liquid fertilizers market is advantageous since it has a faster and broader range of effects on crops and functions as a catalyst, increasing plant nutrient uptake. Liquid fertilizers are used as irrigation systems and starting fertilizers in rows of crops, allowing for more effective use of plant nutrients and less environmental concerns.
Furthermore, the quick rise in demand for high-efficiency fertilizers, their simplicity of use and application, the adoption of precision farming, crop protection, and related environmental concerns are all important factors driving market expansion. Furthermore, the demand for liquid fertilizers has increased due to the increased need for agricultural output to meet global food demands. Because of disposable incomes and the global economy's rapid growth, the global liquid fertilizer market offers a variety of options to market participants. Furthermore, due to growing demand for food grains and concerns about groundwater depletion, demand for nitrogen, phosphorous, and potassium fertilizers has surged, propelling market expansion even further.
Study Period
2024-2030Base Year
2020CAGR
6.6%Largest Market
EuropeFastest Growing Market
Asia Pacific
demand for liquid fertilizers is expected to surge due to rising need for increasing agricultural output in order to address growing global food requirements. Need for the essential nutrients is the major driving factor of the liquid fertilizers market. Moreover, increase in soil efficiency and growing demand for biofuels will have positive impact on liquid fertilizers market. In addition, government and private players investment and initiations, increase in research and development activities and new product developments are projected to steer up the growth of global liquid fertilizers market. However, lack of awareness among farmers and huge handling costs are a few restraints of liquid fertilizers market.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 3.5 billion |
Market Size in 2030 |
US$ 4.3 billion |
Market CAGR |
6.6% |
By Product Type |
|
By origin |
|
By Application |
|
By Crop Type |
|
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The liquid fertilizers market size was valued at US$ 3.5 billion in 2023
The liquid fertilizers market key players are: DuPont (U.S.) BASF SE (Germany) The DOW Chemicals Company (U.S.) Agrium Inc. (Canada) Bayer Crop Science AG (Germany) K+S AKTIENGESELLSCHAFT (Germany) Israel Chemicals Ltd (Israel) Yara International ASA (Norway) Sociedad Quimica Y Minera SA (SQM) (Chile).
The liquid fertilizers market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Liquid Fertilizers Marke Introduction |
2.1.Global Liquid Fertilizers Marke - Taxonomy |
2.2.Global Liquid Fertilizers Marke - Definitions |
2.2.1.Product Type |
2.2.2.origin |
2.2.3.Application |
2.2.4.Crop Type |
2.2.5.Region |
3. Global Liquid Fertilizers Marke Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Liquid Fertilizers Marke Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Liquid Fertilizers Marke By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Micronutrients |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Potash |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Nitrogen |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Phosphorus |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Liquid Fertilizers Marke By origin, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Synthetic |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Organic |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Liquid Fertilizers Marke By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Fertigation |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Soil |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Foliar |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Liquid Fertilizers Marke By Crop Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Pulses and Oil Seeds |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Cereals and Grains |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Vegetables and Fruits |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9. Global Liquid Fertilizers Marke By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Liquid Fertilizers Marke ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Micronutrients |
10.1.2.Potash |
10.1.3.Nitrogen |
10.1.4.Phosphorus |
10.2. origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Synthetic |
10.2.2.Organic |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Fertigation |
10.3.2.Soil |
10.3.3.Foliar |
10.4. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Pulses and Oil Seeds |
10.4.2.Cereals and Grains |
10.4.3.Vegetables and Fruits |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Liquid Fertilizers Marke ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Micronutrients |
11.1.2.Potash |
11.1.3.Nitrogen |
11.1.4.Phosphorus |
11.2. origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Synthetic |
11.2.2.Organic |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Fertigation |
11.3.2.Soil |
11.3.3.Foliar |
11.4. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Pulses and Oil Seeds |
11.4.2.Cereals and Grains |
11.4.3.Vegetables and Fruits |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12. Asia Pacific (APAC) Liquid Fertilizers Marke ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Micronutrients |
12.1.2.Potash |
12.1.3.Nitrogen |
12.1.4.Phosphorus |
12.2. origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Synthetic |
12.2.2.Organic |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Fertigation |
12.3.2.Soil |
12.3.3.Foliar |
12.4. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Pulses and Oil Seeds |
12.4.2.Cereals and Grains |
12.4.3.Vegetables and Fruits |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13. Middle East and Africa (MEA) Liquid Fertilizers Marke ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Micronutrients |
13.1.2.Potash |
13.1.3.Nitrogen |
13.1.4.Phosphorus |
13.2. origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Synthetic |
13.2.2.Organic |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Fertigation |
13.3.2.Soil |
13.3.3.Foliar |
13.4. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Pulses and Oil Seeds |
13.4.2.Cereals and Grains |
13.4.3.Vegetables and Fruits |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14. Latin America Liquid Fertilizers Marke ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Micronutrients |
14.1.2.Potash |
14.1.3.Nitrogen |
14.1.4.Phosphorus |
14.2. origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Synthetic |
14.2.2.Organic |
14.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Fertigation |
14.3.2.Soil |
14.3.3.Foliar |
14.4. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Pulses and Oil Seeds |
14.4.2.Cereals and Grains |
14.4.3.Vegetables and Fruits |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.DuPont (U.S.) |
15.2.2.BASF SE (Germany) |
15.2.3.The DOW Chemicals Company (U.S.) |
15.2.4.Agrium Inc. (Canada) |
15.2.5.Bayer Crop Science AG (Germany) |
15.2.6.K+S AKTIENGESELLSCHAFT (Germany) |
15.2.7.Israel Chemicals Ltd (Israel) |
15.2.8.Yara International ASA (Norway) |
15.2.9.Sociedad Quimica Y Minera SA (SQM) (Chile). |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players