Press release
Strong Growth Ahead: Liquid Fertilizers Market Size To Grow At Arecord 10.8% Cagr By 2029
The Liquid Fertilizers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Liquid Fertilizers Market Size Expected to Be by 2034?
There has been a robust growth in the market size of liquid fertilizers in the past few years. The market is forecasted to expand from $8.98 billion in 2024 to $9.83 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. The significant increase during the historic period can be credited to factors such as intensification of agriculture, precision farming, worldwide population increase, diversification of crops, and heightened environmental consciousness.
In the coming years, the market size of liquid fertilizers is anticipated to experience accelerated growth. The market is predicted to reach $14.84 billion by 2029, with a compound annual growth rate (CAGR) of 10.8%. Factors like government subsidies, adaptation to climate change, the integration of biostimulants, reduction of greenhouse gas, and activation of biological nutrients contribute to the growth in the forecast period. Future trends within this period include the rise in demand for organic liquid fertilizers, microbial inoculants, individually tailored nutrient solutions, bio-based fertilizers, and innovative farming technologies.
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What Are the Emerging Segments Within the Liquid Fertilizers Market?
The liquid fertilizers market covered in this report is segmented -
1) By Type: Nitrogen, Micronutrients, Potassium, Phosphate
2) By Production Process: Organic, Inorganic
3) By Crop Type: Cereals And Grains, Oilseeds, Fruits, Pulses
4) By Application: Soil, Fertigation, Foliar
Subsegments:
1) By Nitrogen: Urea Solutions, Ammonium Nitrate Solutions, Calcium Ammonium Nitrate Solutions
2) By Micronutrients: Iron Chelates, Zinc Solutions, Manganese Solutions, Copper Solutions
3) By Potassium: Potassium Nitrate Solutions, Potassium Sulfate Solutions, Potassium Chloride Solutions
4) By Phosphate: Monoammonium Phosphate (MAP) Solutions, Diammonium Phosphate (DAP) Solutions, Phosphoric Acid Solutions
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What Long-Term Drivers Are Shaping Liquid Fertilizers Market Trends?
The agricultural sector's growth is projected to fuel the liquid fertilizers market's expansion in the future. Establishments that primarily focus on crop cultivation, animal rearing, and animal harvest from farms, ranches, or their natural environments comprise the agricultural sectors. Liquid fertilizers, which deliver nutrients that plants rapidly intake, are administered shortly after a crop is planted. These additional nutrients promote quick and healthy plant growth, thereby enhancing the overall yield. The Economic Survey of India, for example, reported a 3.6% growth in the agricultural sector in 2020-21, which is anticipated to increase to 3.9% in 2021-22. As a result, the agricultural sector's expansion is propelling the liquid fertilizers market's growth.
Who Are the Top Competitors in Key Liquid Fertilizers Market Segments?
Major companies operating in the liquid fertilizers market include 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., Brandt Group of Companies, Compass Minerals International Inc., Coromandel International Ltd., Deepak Fertilisers and Petrochemicals Corporation Ltd., Grasshopper Lawns Inc., Gujarat State Fertilizers & Chemicals Ltd., Haifa Group, Indian Farmers Fertiliser Cooperative Ltd., Israel Chemicals Ltd., JCAM Agri Co. Ltd., Koch Industries Inc., LiquidPower Specialty Products Inc., Miller Chemical & Fertilizer LLC, Alpine Plant Foods Corporation, Nutra-Flo Company, Plant Food Company Inc., RLF Ltd., Sociedad Química y Minera de Chile, Tessenderlo Kerley Inc.
What Liquid Fertilizers Market Trends Are Gaining Traction Across Different Segments?
Product innovation is becoming a leading trend in the liquid fertilizers market, attracting significant attention. The main players are concentrating on creating original products to support market growth and to maintain a robust product range. For example, in April 2023, the Indian Farmers Fertilizer Cooperative Ltd., a cooperative society based in India, introduced the first-ever liquid nano-DAP (di-ammonia phosphate) fertilizer to the world. The Nano DAP Liquid provides a potent source of nitrogen and phosphorus, instrumental in tackling deficiencies of these elements in plants.
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Which Regions Are Becoming Hubs for Liquid Fertilizers Market Innovation?
Asia-Pacific was the largest region in the liquid fertilizers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the liquid fertilizers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Liquid Fertilizers Market?
2. What is the CAGR expected in the Liquid Fertilizers Market?
3. What Are the Key Innovations Transforming the Liquid Fertilizers Industry?
4. Which Region Is Leading the Liquid Fertilizers Market?
Why This Report Matters:
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