Liquid Fertilizers Market, By Product Type (Nitrogen, Phosphorus, Potash, and Micronutrients), By Fo

Published Date: | Report Code : FA1948356

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Adoption of precision farming and secure agriculture is expected to drive the growth of the liquid fertilizers market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Liquid fertilizers are inorganic substances that are produced industrially and introduced into the soil in a liquid state. They are needed to supply one or more plant nutrients essential for the growth of the plants. Liquid fertilizers include nitrogenous fertilizers, anhydrous liquid ammonia, aqueous ammonia, ammonites, concentrated solutions of ammonium nitrate and urea, and complex fertilizers containing two or three basic plant food elements in various proportions.

Liquid fertilizers help in the development of hormones and micronutrients. They are widely used for row crops such as maize. Liquid fertilizers help in the fast foundation of seedlings and speedy growth. Fertilizers containing sodium, potassium, and phosphorous can dissolve quickly in water and can be sprayed on plants easily. It saves the application cost and permits the usage of fertilizers.

The global liquid fertilizers market is growing steadily due to the increase in agricultural output to direct growing global food requirements. Moreover, increasing the need for micronutrients for crops is driving the liquid fertilizers market. Factors such as increasing soil efficiency, rising demand for biofuels, and high-quality yield are fueling the growth of the liquid fertilizers market.

Key Factors Impacting Market Growth:

  • Demand for efficient fertilizers
  • Adoption of precision farming and secure agriculture
  • Increase in production and yield of crops
  • Government policies and price volatility
  • High equipment cost and lack of awareness among farmers

Regional Analysis: 

This report segments the liquid fertilizers market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the liquid fertilizers market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the liquid fertilizers market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for the liquid fertilizers during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the liquid fertilizers market. The Middle East and the rest of the World are estimated to be emerging regions for the liquid fertilizers market during the forecast period.

Companies Covered: 

Agrium Inc., Haifa Group, K+S AKTIENGESELLSCHAFT, Yara International ASA, Israel Chemicals Ltd, and Sociedad Quimica Y Minera SA, Agroliquid, Kugler Company, Compo Expert GmbH, and Plant Food Company Inc. 

Market Segmentation:

By Product Type:

  • Nitrogen
  • Phosphorus
  • Potash
  • Micronutrients

By Form:

  • Organic
  • Synthetic

By Crop:

  • Oilseeds & Pulses
  • Cereals & Grains
  • Fruits & Vegetables
  • Others

By Application:

  • Foliar
  • Fertigation
  • Soil
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Form
    • By Crop
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Type
    • By Form
    • By Crop
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Form
    • By Crop
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Form
    • By Crop
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Type
    • By Form
    • By Crop
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Form
    • By Crop
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global liquid fertilizers market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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