- Micronutrients
- Potash
- Nitrogen
- Phosphorus
Liquid Fertilizers Market size was valued at USD 2.5 billion in 2022 and is projected to reach USD 3.3 billion by 2029, recording a CAGR of 4.6% from 2023-2029. 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.
Liquid Fertilizers Market Summary
Study Period
2024-2030
Base Year
2020
CAGR
4.6%
Largest Market
Europe
Fastest Growing Market
Asia Pacific
Liquid Fertilizers Market Dynamics
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.
Europe got significant share
Liquid Fertilizers Market Regional Analysis
Liquid Fertilizers Market is segmented as Latin America, Europe, Asia Pacific, North America, and The Middle East and Africa. Europe is the most promising market in liquid fertilizers market due to increase in demand for renewable energy and initiations taken by European Fertilizer Manufacturers Association for the implementation of product stewardship program in order to enhance agricultural productivity. Growing competition and rising investments in R&D sector are expected propel the liquid fertilizers market growth in North America. Asia Pacific is anticipated to show a rapid growth due to economic growth and developmental activities in emerging countries, surge in education in farmers.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Liquid Fertilizers Market Segmentation
By Product Type
By origin
- Synthetic
- Organic
By Application
- Fertigation
- Soil
- Foliar
By Crop Type
- Pulses and Oil Seeds
- Cereals and Grains
- Vegetables and Fruits
Frequently Asked Questions
The liquid fertilizers market size was valued at USD 2.5 billion in 2022
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, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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 , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Micronutrients |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Synthetic |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Fertigation |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Pulses and Oil Seeds |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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 ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Synthetic |
| 10.2.2.Organic |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Synthetic |
| 11.2.2.Organic |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Synthetic |
| 12.2.2.Organic |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Synthetic |
| 13.2.2.Organic |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Synthetic |
| 14.2.2.Organic |
| 14.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 |
- 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).