Press release
Global Liquid Fertilizers Market: Strong Growth Due to Increase in Agricultural Sector and Emerging Market Trends
Liquid Fertilizers Market
What Is The Projected Market Size Of The Global Liquid Fertilizers Market And Its Growth Rate?
The market size of liquid fertilizers has shown significant growth and will continue to grow due to various factors.
• The market size will grow from $8.98 billion in 2024 to $9.83 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%.
• The liquid fertilizers market is expected to see a rapid growth in the next few years and will grow to $14.84 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%.
What Is Driving The Growth In The Liquid Fertilizers Market?
The liquid fertilizers market is anticipated to be driven by the rise in the agricultural sector. The establishments in this sector are primarily engaged in growing crops, raising animals, and harvesting fish and other animals from a farm, ranch, or their natural habitats. The nutrients provided by liquid fertilizers ensure that the plants grow quickly and are healthy, thereby increasing the overall yield. For example, the agriculture sector registered a growth of 3.6 % in 2020-21 and is expected to reach 3.9% in 2021-22, as per the Economic Survey of India. Hence, the rapid growth in the agricultural sector is expected to propel the liquid fertilizers market.
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Who Are the Key Players Driving Liquid Fertilizers Market Growth?
Key companies operating in the liquid fertilizers market are:
• Nutrien Ltd.
• Dolls Exports Private Limited
• AgroLiquid
• CF Industries Holdings Inc.
• Compo Expert GmBH
• EuroChem Group AG
• FoxFarm Soil & Fertilizer Company
• ICL Group Ltd.
• Kugler Company
• Nutri Tech Solutions
• OCP Group
• Plant Fuel Nutrients LLC
• The Mosaic Company
• Yara International ASA
• Agrium Inc.
What Are The Key Trends In The Liquid Fertilizers Market?
The key trends in the liquid fertilizers market include:
• Demand for organic liquid fertilizers
• Use of microbial inoculants
• Customized nutrient solutions
• Adoption of bio-based fertilizers
• Implementation of smart farming technologies
What Are The Segments Of The Global Liquid Fertilizers Market?
The liquid fertilizers market is segmented by:
• Type: Nitrogen, Micronutrients, Potassium, Phosphate
• Production Process: Organic, Inorganic
• Crop Type: Cereals And Grains, Oilseeds, Fruits, Pulses
• Application: Soil, Fertigation, Foliar
Which Region Leads The Liquid Fertilizers Market?
Asia-Pacific was the largest region in the liquid fertilizers market in 2024. The region is also expected to be the fastest-growing in the liquid fertilizers market. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Liquid Fertilizers Market Global Market Report?
- Market Size Analysis: Analyze the Liquid Fertilizers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Liquid Fertilizers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Fertilizers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Liquid Fertilizers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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