Press release
The Impact Of Commercial Agriculture On The Nitrogenous Water-Soluble Fertilizer Market Driver: A Major Catalyst in the Evolution of the Nitrogenous Water Soluble Fertilizer Market in 2025
Nitrogenous Water Soluble Fertilizer Market Size
Commercial agriculture's escalating prominence is anticipated to stimulate the expansion of the nitrogenous water-soluble fertilizer market. Agriculture entails the broad-scale cultivation of crops and rearing of livestock for sales and profit generation. Nitrogenous water-soluble fertilizers are frequently used in agricultural operations as part of nutrient management practices, thus fuelling the market's growth. For example, the GOV.UK website, a UK government-run official statistics platform, reported in May 2022 that total income from crop output saw a rise of $11,782 million in 2021, while total livestock output income experienced a hike of $17,626 million during the same year. Consequently, the increasing popularity of commercial agriculture is propelling the expansion of the nitrogenous water-soluble fertilizer market.
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What Is the projected market size and growth rate for the nitrogenous water soluble fertilizer market?
The market size for nitrogenous water-soluble fertilizers has seen a robust rise in the last few years. It is projected to increase from $65.1 billion in 2024 to $69.63 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The historic period's growth can be linked to factors such as the preference and awareness of farmers, requirements for crop nutrients, research and development initiatives, market competition, as well as crop yield and quality.
The market for water-soluble nitrogenous fertilizers is predicted to experience significant enlargement in the coming years, with the expectation to reach the value of "$92.2 billion in 2029. This growth corresponds to a compound annual growth rate (CAGR) of 7.3%. Several factors are contributing to growth over the forecast period including: an increase in population and demand for food, an emphasis on environmental sustainability, the use of precision agriculture, the effects of climate change, and a surge in awareness and education. Market accessibility, personalized fertilization initiatives, urban farming and greenhouses, the implementation of hydroponics and soilless farming methods, and a focus on crop nutrition are also major trends anticipated during this forecast period.
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What new trends are reshaping the nitrogenous water soluble fertilizer market and its opportunities?
A significant trend emerging in the nitrogenous water-soluble fertilizer market is the introduction of new technologies by leading companies. Such innovations help these firms maintain their market presence. For example, Yara International, a Norway-based chemical company known for its fertilizer production, introduced a system known as YaraIrix for nitrogen water-soluble fertilizers in September 2022. Accompanied by a free application available for Android and iOS devices, the YaraIrix system enables users to estimate the nitrogen requirements of various crops during their initial growth stages. To support the app during the later growth stages, the system offers two hardware options: a clip for smartphones and a Bluetooth N-Tester. After a measurement is taken, the software promptly advises the appropriate amount of fertilizer required for the crops. An enhancement feature of the system is the N-Tester Clip, which can be attached to the smartphone's camera to transform it into a nitrogen sensor.
What major market segments define the scope and growth of the nitrogenous water soluble fertilizer market?
The nitrogenous water soluble fertilizer market covered in this report is segmented -
1) By Type: Macroelement WSF, Microelement WSF, Other Types
2) By Crop Type: Field Crops, Horticultural Crops, Turf And Ornamentals, Other Crop Types
3) By Form: Dry, Liquid
4) By Application: Foliar, Fertigation
Subsegments:
1) By Macroelement WSF: Urea, Ammonium Nitrate, Calcium Nitrate, Potassium Nitrate, Ammonium Sulfate
2) By Microelement WSF: Iron (Fe), Zinc (Zn), Manganese (Mn), Copper (Cu), Boron (B), Molybdenum (Mo)
3) By Other Types: Controlled Release Fertilizers, Specialty Fertilizers, Blended Fertilizers
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Which region dominates the nitrogenous water soluble fertilizer market?
Europe was the largest region in the nitrogenous water soluble fertilizer market in 2024. The regions covered in the nitrogenous water soluble fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the nitrogenous water soluble fertilizer industry growth?
Major companies operating in the nitrogenous water soluble fertilizer market include Israel Chemicals Ltd., Yara International ASA, K+S AG, Coromandel International Limited, Sociedad Química y Minera de Chile, The Mosaic Company, Nutrien Ltd., COMPO GmbH & Co. KG, EuroChem Group AG, BASF SE, Adama Agricultural Solutions Ltd., Uralchem Group, Nufarm Limited, Qatar Fertilizer Company, Haifa Group, Koch Fertilizer LLC, CF Industries Holdings Inc., Kugler Company, Turf Care Supply Corp., Bunge Limited, Tessenderlo Group, Sinofert Holdings Limited, Deepak Fertilizers and Petrochemicals Corporation Limited, Zuari Agro Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., Apache Corporation, Sinochem Corporation, Mears Fertilizer Inc., Gujarat State Fertilizers & Chemicals Ltd., Saudi Basic Industries Corporation, Brandt Consolidated Inc., Plant Food Company Inc., Greenfeed Agro Sdn Bhd, Wilbur-Ellis Company LLC, Shikefeng Chemical Industry Co. Ltd., Sapec Agro Business SA
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What Is Covered In The Nitrogenous Water Soluble Fertilizer Global Market Report?
• Market Size Forecast: Examine the nitrogenous water soluble fertilizer market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the nitrogenous water soluble fertilizer market for a structured understanding.
• Key Players Overview: Analyze major players in the nitrogenous water soluble fertilizer market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nitrogenous water soluble fertilizer market.
• Segment Contributions: Evaluate how different segments drive overall growth in the nitrogenous water soluble fertilizer market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nitrogenous water soluble fertilizer market.
• Industry Challenges: Identify potential risks and obstacles affecting the nitrogenous water soluble fertilizer market.
• Competitive Landscape: Review strategic developments in the nitrogenous water soluble fertilizer market, including expansions, agreements, and new product launches.
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