The Global Liquid Fertilizer Market was estimated at USD 2.71 billion in 2021, and is projected to reach USD 3.59 billion by 2028, growing at a CAGR of 4.1%.
The global liquid fertilizers market size was valued at USD USD 2.71 billion in 2021. The demand for the liquid fertilizers is expected to rise due to increased food demand and the development of highly effective liquid fertilizers as a result of fast population expansion and growing global worries about food security. Crop nutrition is becoming increasingly important in both food and commercial crops due to a variety of economic and environmental considerations. Food demand has risen globally. As a result, high-efficiency fertilizers such as liquid fertilizers are becoming more popular, and this is a primary driver for the liquid fertilizer industry. Many farmers, in general, want greater soil quality and nutrition in their fields.
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Over the years, the market for liquid fertilisers has grown as a result of rising consumer demand for high-quality food and the creation of extremely potent liquid fertilisers. There has been a noticeable rise in consumer awareness of food security and safety. Furthermore, due to significant environmental and financial factors, crop nutrition is increasingly crucial for both commercial and food crops. As a result, high-efficiency fertilisers like liquid fertilisers are becoming more and more well-liked. High-efficiency fertilisers ensure that crops receive nutrients in a specific amount at the appropriate place and at the right time by minimising loss while also saving time and labour costs.
Top Key Players Covered In Liquid Fertilizer Market
- Italpollina S.p.A. (Italy)
- Tata Chemicals Ltd (India)
- Nutrien Ltd. (Canada)
- Yara International ASA (Norway)
- Israel Chemical Ltd. (Israel)
- The Mosaic Company (US)
- EuroChem Group (Switzerland)
- The Scotts Miracle-Gro Company (US)
- Sigma AgriScience LLC (US)
- ILSA S.p.A. (Italy)
- Ajay Farm-Chem Private Limited (India)
- Balaji Fertilizers Private Limited (India)
- Deepak Fertilizers and Petrochemicals Corporation Limited (India)
- Bharat Fertilizer Industries Limited (India)
- Coromandal Fertilizers Limited (India) and other major players.
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Market Segmentation
By Nutrient Type
- Nitrogen
- Phosphorus
- Potassium
- Micronutrients
By Mode of Application
- Soil
- Foliar
- Fertigation
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TABLE OF CONTENT:
Chapter 1: Introduction
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Liquid Fertilizer Market by Nutrient Type
Chapter 6: Liquid Fertilizer Market by Mode of Application
Chapter 7: Liquid Fertilizer Market by Major Compound
To Be CONTINUTED…….
Key Industry Development In The Liquid Fertilizer Market:
In January 2021, ICL declared the successful acquisition of Fertilaqua. The company further expects to leverage Fertilaqua's excellent market presence and distribution capabilities for increasing the sales of liquid fertilizers, specialty plant nutrition products, and controlled-released fertilizers in the Brazilian market which is the topmost and one of the world's fastest-growing agriculture markets.
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