Global Liquid Fertilizers Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Liquid fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Liquid fertilizers market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global liquid fertilizers market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.27% during 2023-2028.
Liquid fertilizers play a pivotal role in contemporary agricultural techniques, serving as specialized solutions meticulously designed to supply vital nutrients to crops and plants. These fertilizers are meticulously blended combinations of key elements like nitrogen, phosphorus, potassium, zinc, iron, and manganese. Their formulation allows them to swiftly and uniformly dissolve in water, making them a highly efficient and user-friendly alternative compared to traditional fertilizers. Liquid fertilizers are meant for direct application to the soil through various methods such as foliar spraying and irrigation systems. Their ability to facilitate precise nutrient delivery and enhance nutrient absorption by plant root systems has led to a growing global demand for these fertilizers.
Global Liquid Fertilizers Market Trends and Drivers:
Currently, the increasing utilization of liquid fertilizers to improve crop growth and boost yields stands as a significant driver of market expansion. Concurrently, the global populace’s escalating desire for safe food products is contributing to a favorable market outlook. Furthermore, the rising inclination towards sustainable agricultural methods among farmers is reinforcing market growth. Additionally, the growing acceptance of liquid fertilizers due to their convenient application methods is creating attractive growth prospects for industry participants. Moreover, the burgeoning global interest in precision agriculture is further fueling market expansion.
Global Liquid Fertilizers Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: AgroLiquid, COMPO Expert GmbH (Grupa Azoty S.A.), Haifa Group, ICL Group Ltd., K+S Aktiengesellschaft, Kugler Company, Nutrien Ltd., Nutri-Tech Solutions Pty Ltd., Plant Food Company Inc., Tessenderlo Group and Yara International ASA.
The report segmented the market on the basis of region, type, production process, crop and mode of application.
Breakup by Type:
- Nitrogen
- Phosphorous
- Potash
- Micronutrients
Breakup by Production Process:
- Organic
- Synthetic
Breakup by Crop:
- Grains and Cereals
- Fruits and Vegetables
- Oilseeds and Pulses
- Others
Breakup by Mode of Application:
- Soil
- Fertigation
- Foliar
- Others
Breakup By Regions:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
