27.06.2018 Views

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

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. The liquid fertilizers market is projected to reach $13,530 million by 2023 from $11,108 million in 2016, growing at a CAGR of 2.8% from 2017 to 2023. The nitrogen type segment accounted for more than half of the total market share in 2016. Download PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2250

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.

The liquid fertilizers market is projected to reach $13,530 million by 2023 from $11,108 million in 2016, growing at a CAGR of 2.8% from 2017 to 2023. The nitrogen type segment accounted for more than half of the total market share in 2016.

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GEOGRAPHICAL OVERVIEW<br />

• Based on region, it is analyzed across<br />

North America, Europe, Asia-Pacific, and<br />

LAMEA.<br />

• Asia-Pacific is anticipated <strong>to</strong> maintain its<br />

lead throughout <strong>2023</strong>, and is projected <strong>to</strong><br />

grow at a CAGR of 2.8%, in terms of value.<br />

• France occupied nearly one-fifth of the<br />

<strong>to</strong>tal Europe liquid fertilizers market in<br />

2016.<br />

• In terms of value, Japan is expected <strong>to</strong><br />

grow at a CAGR of 3.2% from 2017 <strong>to</strong><br />

<strong>2023</strong>.

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