Embedded Files
Liquid Fertilizers Market
The Liquid Fertilizers Market is expected to expand at a robust CAGR over the forecast period (2020-2027).
The factors driving the growth of Liquid Fertilizers Market includes growing adoption of precision farming techniques, rising emphasis on using environment friendly fertilizers and increase in the consumption of food around the world. According to the report published by Bloomberg, the Global Precision Farming Market is projected to increase from USD 8.5 billion in 2022 to USD 15.6 billion by the end of 2030, expanding at a CAGR of 7.9% over the forecast period (2022-2030), which will boost the Liquid Fertilizers Market size in the approaching years. Moreover, technological advancements in liquid fertilizers, rise in the production of cereals and grains, expansion of the agriculture industry and growing demand for high-efficiency fertilizers, are some of the additional factors supplementing the market growth. In addition, innovations in the irrigation systems, increasing investments by leading players on research and development, rapid urbanization, and rising population growth rates, are further contributing to the market growth.
Request a free sample of this report
However, the growth of Liquid Fertilizers Market of is hindered due to inadequate knowledge about liquid fertilizers.
The prominent players operating in the Liquid Fertilizers Market includes Sociedad Química Y Minera De Chile (SQM), The Mosaic Company, Eurochem Group, Nutrien Ltd., Yara International ASA, Israel Chemical Ltd., CF Industries Holdings, Inc., OCP Group, K+S Aktiengesellschaft, and OCI Nitrogen, among others.
Major Compound: Segment Analysis
As per the Liquid Fertilizers Market Analysis, the Calcium Ammonium Nitrate (CAN) segment is expected to hold the highest market share during the forecast period. The calcium ammonium nitrate is highly soluble, protects subsoil waters from pollution by nitrogen compounds and are rich in nutrition content, are some of the factors responsible for the segment’s growth.
Application: Segment Analysis
Based on Application, the Fertigation segment is anticipated to grow at a remarkable CAGR over the forecast period. The fertigation increases yield, reduce environment pollution along with increasing adoption of irrigation systems around the world, are the major factors augmenting the growth of the segment.
Regional: Segment Analysis
Based on Region, the Asia-Pacific region is estimated to capture the largest market share during the forecast period. Rise in the production of grains, rice and fruits & vegetables, growing adoption of advanced irritation systems by farmers, favorable demographic and climatic conditions for crop production and high population growth rates, are some of the important actors propelling the market growth in Asia-Pacific.
Market Segmentation
Global Liquid Fertilizers Market by Type
Nitrogen
Phosphorus
Potassium
Micronutrients
Global Liquid Fertilizers Market by Major Compound
Calcium Ammonium Nitrate (CAN)
Urea-Ammonium Nitrate (UAN)
Potassium Nitrate
Diammonium Phosphate (DAP)
Monoammonium Phosphate (MAP)
Others
Global Liquid Fertilizers Market by Crop Type
Cereals & Grains
Corn
Wheat
Rice
Others
Oilseeds & Pulses
Soybean
Others
Fruits & Vegetables
Others
Global Liquid Fertilizers Market by Mode of Application
Soil
Foliar
Fertigation
Agricultural Fields
Hydroponics
Others
Global Liquid Fertilizers Market by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/
Page updated
Google Sites
Report abuse