Liquid Fertilizers Market Predicted to Reach $13,530 Million by 2023

GLOBAL
LIQUID FERTILIZERS MARKET
Liquid fertilizers exhibit an effective way of delivering the essential nutrients to plants at the specific time and in appropriate concentration.
These fertilizers are absorbed by plants through their leaf pores and roots. Liquid fertilizers have gained popularity in the recent years, owing to
increase in application, leading to three to fourfold increase in crop production. In addition, rise in hydroponic system field areas and easy
availability of fertilizers at lower and subsidized rates encourages the farmers to effectively use liquid fertilizer sprayers.
GLOBAL OPPORTUNITY AND FORECAST 2023

LIQUID FERTILIZERS MARKET ANALYST REVIEW
Demand for liquid fertilizers is increasing as development of precision farming
methods, need for high-efficiency organic fertilizers, and rise in adoption of
sustainable practices for the key players in the global liquid fertilizers market.
Eswara Prasad
Team Lead, Chemicals & Materials at AMR

CURRENT AND FUTURE MARKET SCENARIO
• The global liquid fertilizers market was valued at $11,108 million in 2016.
• The global liquid fertilizers market is projected to reach $13,530 million by 2023.
• The global liquid fertilizers market growing at a CAGR of 18.6% from 2017 to 2023.
• In terms of value, the fertigation mode of application is anticipated to exhibit the
highest growth rate of 2.9% during the analysis period.
• The potash type segment occupied nearly one-sixth of the total market in 2016.

TOP IMPACTING FACTORS TO MARKET GROWTH
• Rapid rise in demand for high-efficiency fertilizers.
• Ease of use and application.
• Adoption of precision farming.
• Protection of crops, and related environmental concerns.
• Increase in need for agricultural output to cater to the global food requirements.
TOP INVESTMENT POCKETS
Foliar application is expected to grow at maximum CAGR as foliar spraying results in rapid uptake of
nutrients by the soil. Moreover, foliar application of micronutrients acts as an efficient way of
supplying micronutrients to the plant. In addition, spraying of liquid fertilizer on foliage results in
increased nutrient absorption through the leaves into the roots.

LIQUID FERTILIZERS MARKET SEGMENTATION
BY TYPE
• Nitrogen
• Phosphorous
• Potash
• Micronutrients
BY PRODUCTION
PROCESS
• Organic
• Synthetic
BY CROP
• Cereals & Grains
• Fruits &
Vegetables
• Oilseeds & Pulses
• Others (Plantation
& Cash Crops)
BY MODE OF
APPLICATION
• Soil
• Foliar
• Fertigation
• Others (Aerial
& Starter
Solutions)
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DOMINATING
SEGMENTS
POTASH TYPE
SEGMENT
FERTIGATION
MODE OF
APPLICATION
The potash type segment
occupied nearly one-sixth of the
total market in 2016.
In terms of value, the fertigation
mode of application is
anticipated to exhibit the
highest growth rate of 2.9%
during the analysis period.

GEOGRAPHICAL OVERVIEW
• Based on region, it is analyzed across
North America, Europe, Asia-Pacific, and
LAMEA.
• Asia-Pacific is anticipated to maintain its
lead throughout 2023, and is projected to
grow at a CAGR of 2.8%, in terms of value.
• France occupied nearly one-fifth of the
total Europe liquid fertilizers market in
2016.
• In terms of value, Japan is expected to
grow at a CAGR of 3.2% from 2017 to
2023.

DOMINATING MARKET PLAYERS PROFILED IN
THE STUDY
• Agrium Inc.
• Yara International ASA
• Israel Chemical Ltd. (ICL)
• K+S Aktiengesellschaft
• Kugler Company
• Haifa Chemicals Ltd.
• Agroliquid
• Plant Food Company Inc.
• Compo Expert GmbH and
• Rural Liquid Fertilizers.

A Report Titled “Liquid Fertilizers Market- Opportunities And Forecasts, 2017– 2023” has been
recently published by Allied Market Research. It makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company
profiles for key vendors in business builds a comprehensive picture of profitable opportunities
from Stakeholder’s Perspective.
To Know More About Liquid Fertilizers Market- Opportunities and Forecasts 2017-
2023
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