Product Code: CMI6815
The liquid fertilizer market is estimated to be valued at USD 22.17 Bn in 2024 and is expected to reach USD 33.16 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 22.17 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.90% |
2031 Value Projection: |
US$ 33.16 Bn |
Figure 1. Liquid Fertilizer Market Share (%), By Region, 2024
Liquid fertilizer refers to fertilizers that are in a fluid form as compared to dry or solid fertilizers. It is easy to transport and apply and provides readily available nutrients to plants. The growing environmental concerns regarding solid fertilizers and the need to improve farming efficiency and productivity is expected to drive the demand for liquid fertilizers globally. They are absorbed by plants quickly and entirely, making them a more precise and effective way to deliver nutrients. The awareness about the benefits of liquid fertilizers among farmers is increasing steadily.
Market Dynamics:
The global liquid fertilizer market is driven by the rising demand for high-efficiency fertilizers and sustainable farming practices. Liquid fertilizers improve nutrient uptake by plants and soil quality. They reduce wastage and run-off compared to granular fertilizers. However, the market faces challenges due to the higher production cost of liquid fertilizers. Their longer shelf-life and storage requirements also add to the cost. Moreover, the low penetration in developing countries and lack of awareness act as a restraint. On the flip side, the focus on precision farming and government initiatives to promote precision agriculture open up opportunities for market players. The demand for NPK and potash liquid fertilizers is expected to increase significantly over the forecast period.
Key Features of the Study:
- This report provides an in-depth analysis of the global liquid fertilizer market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global liquid fertilizer market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Yara International ASA, Nutrien Ltd, Israel Chemical Ltd., Haifa Chemical Ltd, GrupaAzoty, The Mosaic Company, SociedadQuimica y Minera de Chile S.A., K+S Aktiengesellschaft, Plant Food Company Inc., EuroChem Group, Annadata Organic, AgroLiquid, Agrobio Chemicals, Van Iperen International, BMS Micro-Nutrients NV, ICL Fertilizers, IFFCO, Nortox, Safsulfur, and SQM.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global liquid fertilizer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global liquid fertilizer market.
Market Segmentation
- Crop Type:
- Cereals & Grains
- Oilseed & Pulses
- Fruits & Vegetables
- Others (Nursery plants, etc.)
- Compounds:
- Calcium Ammonium Nitrate (CAN)
- Urea-Ammonium Nitrate (UAN)
- Potassium Nitrate
- Phosphorus Pentoxide (P 0 )
- Others (Boron, etc.)
- Type:
- Nitrogen
- Phosphorus
- Potash
- Micronutrients
- Application:
- Soil
- Foliar
- Fertigation
- Agricultural fields
- Hydroponics
- Others (Starter solutions, etc.)
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Yara International ASA
- Nutrien Ltd
- Israel Chemical Ltd.
- Haifa Chemical Ltd
- GrupaAzoty
- The Mosaic Company
- SociedadQuimica y Minera de Chile S.A.
- K+S Aktiengesellschaft
- Plant Food Company Inc.
- EuroChem Group
- Annadata Organic
- AgroLiquid
- Agrobio Chemicals
- Van Iperen International
- BMS Micro-Nutrients NV
- ICL Fertilizers
- IFFCO
- Nortox
- Safsulfur
- SQM
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Crop Type
- Market Snippet, By Compounds
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Liquid Fertilizer Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Liquid Fertilizer Market - COVID-19
- Impact Analysis
5. Global Liquid Fertilizer Market, By Crop Type, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cereals & Grains
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Oilseed & Pulses
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Fruits & Vegetables
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Nursery plants, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Liquid Fertilizer Market, By Compounds, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Calcium Ammonium Nitrate (CAN)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Urea-Ammonium Nitrate (UAN)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Potassium Nitrate
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Phosphorus Pentoxide (P 0 )
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Boron, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Liquid Fertilizer Market, By Type, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Nitrogen
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Phosphorus
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Potash
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Micronutrients
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
8. Global Liquid Fertilizer Market, By Application, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Soil
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Foliar
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Fertigation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Agricultural fields
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hydroponics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Starter solutions, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
9. Global Liquid Fertilizer Market, By Region, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Crop Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Compounds, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Crop Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Compounds, 2019- 2031 (US$ Bn)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Compounds, 2019- 2031 (US$ Bn)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Compounds, 2019- 2031 (US$ Bn)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Region/Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Compounds, 2019- 2031 (US$ Bn)
- Sub-Regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
10. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Nutrien Ltd
- Israel Chemical Ltd.
- Haifa Chemical Ltd
- GrupaAzoty
- The Mosaic Company
- SociedadQuimica y Minera de Chile S.A.
- K+S Aktiengesellschaft
- Plant Food Company Inc.
- EuroChem Group
- Annadata Organic
- AgroLiquid
- Agrobio Chemicals
- Van Iperen International
- BMS Micro-Nutrients NV
- ICL Fertilizers
- IFFCO
- Nortox
- Safsulfur
- SQM
11. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. Section
- References
- Research Methodology
- About Us and Sales Contact
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