Pdf for Water-Soluble Fertilizers Market

Water-Soluble Fertilizers Market Regional Outlook,
Opportunity, Segment and Key Trends 2017 – 2024:
Global Market Insights, Inc.
Water-Soluble Fertilizers Market size is anticipated to witness significant growth
over forecast timeframe. Necessity for food security due to rapid population growth
coupled with decreasing overall arable land globally are among key factors driving
business growth. Considerable shift in farming practices along with positive outlook
towards usage of technology & innovations to improve farm yield will propel the
market growth.
High application scope along with improved efficiency as compared to granular
alternatives has enhanced the water-soluble fertilizers industry share. Rising
consumer awareness pertaining to organic food products will support market
growth. Limited availability of arable lands, easy application, and rising
environmental concerns across the globe are other factors fueling water soluble
fertilizers demand.
As per Food and Agriculture Organization (FAO), emerging economies including China
and India need an extra 120 million hectares of arable land to fulfil the rising food
demand by 2030. Arable lands are getting wasted due to improper agricultural
practices and deforestation that leads to considerable loss of production yield.
Efficient farm yield along with sustainable benefits, maintenance of overall plant
health and enhanced crop growth are key properties fueling water-soluble fertilizers
industry growth.
Increasing awareness regarding soil fertility management among farmers will further
support product demand. Notable benefits of soil fertility management to reduce
loss of arable land and meet rising global food demand will drive water-soluble
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fertilizers industry size. The practice includes crop rotation, optimum utilization of
pesticides and fertilizers, and conservation tillage. Rising adoption of innovative
techniques to improve soil fertility among farmers globally to enhance quantity &
quality of agricultural production will drive water soluble fertilizers industry.
Market research reports: Key analytical components
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On the basis of crop, water soluble fertilizers industry is segmented as turf &
ornamentals, field crops and horticulture crops. Horticulture crops are anticipated to
observe rapid growth over the forecast timeframe. Rising demand for fruits &
vegetables due to increasing awareness about health benefits will primarily drive the
market growth. Government initiatives and promotions on enhancements in crop
productivity will further propel the industry demand.
Europe water-soluble fertilizers industry is expected to account for leading market
share over the coming years. Rising product demand as an innovative agricultural
technique will further fuel the regional demand. Necessity for efficient nutrients to
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ensure enhanced agricultural productivity & growth coupled with presence of wellestablished
manufacturers will support business growth.
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Asia Pacific water-soluble fertilizers industry is expected to witness significant growth
owing to high adoption of merchandise and micro irrigation systems particularly in
India and China. Increasing adoption of fertigation and foliar spray among farmers to
meet the rising food demand will further induce immense potential for product
demand. High dependence on agriculture as economic source and employment will
further propel water soluble fertilizers industry. As per analysis, agricultural sector
accounted for over 15% of the Indian economy in 2016.
Global water-soluble fertilizers market share is highly fragmented due to presence
of large number of international and regional players operating in global as well as
local market. Israel Chemical, Qatar Fertilizer, Agrium, Everris International, Yara
International, Sinochem Fertilizer, Haifa Chemicals, Upstart Products, K+S AG, Compo
GmbH and Mosaic Company are among key market players.
Manufacturers are mainly focused on acquisitions, mergers, supply agreements and
production capacity expansion to expand geographical coverage and reduce
operational costs. For instance, in July 2017, Upstart Products merged with Ewing
Irrigation & Landscape Supply to expand its product portfolio.
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