Nitrogenous Water Soluble Fertilizer Market |to reach the value of USD 90.48 billion by 2029 | at a CAGR of 5.90%, Size, Share, Market Dynamics

Fertilizers are substances added to increase yield by providing crops with nutrients the soil lacks. Fertilizer addition frequently doubles or triples yield. The ever-increasing demand for agricultural products is the primary driver of the rise in demand for water-soluble fertilisers.

Data Bridge Market Research analyses that the nitrogenous water soluble fertilizer market which was valued at USD 57.2 billion in 2021 is expected to reach the value of USD 90.48 billion by 2029, at a CAGR of 5.90% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Market Definition

Water soluble fertilisers are compound specialty fertilisers that can be completely dissolved in water and easily added to or leached out of the soil. They have numerous advantages over conventional fertilisers, including increased crop yield and soil nutrient availability. These fertilisers aid in increasing utilisation because combining water and fertiliser saves fertiliser, water, and labour.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-nitrogenous-water-soluble-fertilizer-market

Opportunity

The nitrogenous water soluble fertilizer markets are benefiting from increased awareness of drip irrigation systems. Sub­surface drip irrigation systems are commonly used to supplement fodder maize production. The nitrogenous water soluble fertilizer market is being driven by government initiatives to maximise the use of water resources in agriculture.

Some of the major players operating in the nitrogenous water soluble fertilizer market are:

Bayer AG (Germany)
BASF SE (Germany)
Yara (Norway)
Compass Minerals (U.S.)
Syngenta Crop Protection AG (Switzerland)
ADAMA (Israel)
Sumitomo Chemicals Co. Ltd. (Japan)
Nufarm (Australia)
UPL (India)
K+S Aktiengesellschaft (Germany)
ICL (Israel)
Global Nitrogenous Water Soluble Fertilizer Market Scope

The nitrogenous water soluble fertilizer market is segmented on the basis of form, crop type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

Dry
Liquid

Crop type

Field Crops
Horticultural Crops
Turf and Ornamentals
Others

Application

Foliar
Fertigation

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