Liquid Fertilizers Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027
The Liquid Fertilizers Market is expected to be valued at USD 3.07 Billion in 2027 from USD 2.26 Billion in 2019, registering a CAGR of 3.8% through the forecast period.
The market growth can be attributed to the easy and convenient application of liquid fertilizer and its high penetration rate compared to granular fertilizers. Liquid fertilizers offer enhanced uniformity by providing a consistent coating to the crops, thereby augmenting the market demand.
Leading players of the industry include Foxfarm Fertilizer, Yara International ASA, Nutri-Tech Solutions PtyLtd, Plant Food Company Inc., ICL Fertilizers, AgroLiquid AD, Haifa Chemicals Ltd, Compo Expert GmbH, K+S Aktiengesellschaft, and Kugler Company, among others.
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Key Highlights from the Report:
In 2019, Yara International ASA introduced Yaralix, a tool implemented in precision farming to help farmers estimate the required crop nitrogen levels through smartphones.
AgroLiquid AD, in November 2020, launched springuP, a liquid phosphorous product aimed to enhance crop productivity by supplying necessary quantities of phosphorous, nitrogen, and potassium at the early stage.
For the purpose of this report, Emergen Research has segmented the Global Liquid Fertilizers Market on the basis of nutrients type, manufacturing process, compound, crop type, fertilizer application method, and region:
Regional Outlook (Volume, Million Metric Tons; Revenue, USD Billion; 2017–2027)
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o Rest of MEA
The strategic growth research technique adopted by the subject matter experts behind this study full weighs upon the product application, product types and important industry terminologies and definition to help business owners to build a robust business plan as well as a progressive map for their product and services. Moreover, the agile methods to assess various factors including demand and supply status, consumption volume, customer preference, spending capacity and import and export trends work as a boon to those diversifying in a new line of product.