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Report
Liquid Fertilizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 143 Pages I IMARC Group
Market Overview:
The global liquid fertilizers market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3.27% during 2023-2028.
Liquid fertilizers refer to indispensable advanced chemical solutions that provide the required amount of nutrients to crops under different environmental conditions within a specific time. They are formulated by combining chemicals, such as ammonium nitrate, aqueous ammonia, potassium salts, and urea with water and other soluble phosphates. Liquid fertilizers are a rich source of nitrogen, growth hormones, and micronutrients that ensure uniform application, optimize nutrient uptake, and enhance crop production. On account of these properties, liquid fertilizers are extensively sprayed through pumps by farmers to evenly cover grass pastures, foliar and multiple crops. At present, they are commercially available in organic and synthetic forms.
Liquid Fertilizers Market Trends:
With the significant expansion in the agriculture sector, there has been an increasing need for liquid-based enhanced efficiency fertilizers (EEF) to ensure optimum plant and crop growth. This, in confluence with rising food demand, represents a prime factor driving the market growth. In line with this, due to the rising environmental and economic considerations, crop nutrition is becoming increasingly important in both commercial and food crops. Such concerns have significantly surged the use of liquid fertilizers to ensure mass food production by improving soil and plant health, which is acting as another growth-inducing factor. Additionally, the shifting inclination of farmers toward organic liquid fertilizers to enhance soil structure, help microbes thrive, avoid plant damage, and reduce the detrimental effects of pesticides is contributing to the market growth. Moreover, the introduction of inexpensive polymer-coated urea (PCU) and urease inhibitors fertilizers for protecting against volatilization and ammonia by allowing their movement into the soil during rainfall and irrigation is propelling the market growth. Other factors, such as continuous research and development (R&D) activities and strategic collaborations amongst key players to engineer liquid fertilizers with optimized efficacy, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global liquid fertilizers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, production process, crop and mode of application.
Breakup by Type:
Nitrogen
Phosphorous
Potash
Micronutrients
Breakup by Production Process:
Organic
Synthetic
Breakup by Crop:
Grains and Cereals
Fruits and Vegetables
Oilseeds and Pulses
Others
Breakup by Mode of Application:
Soil
Fertigation
Foliar
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AgroLiquid, COMPO Expert GmbH (Grupa Azoty S.A.), Haifa Group, ICL Group Ltd., K+S Aktiengesellschaft, Kugler Company, Nutrien Ltd., Nutri-Tech Solutions Pty Ltd., Plant Food Company Inc., Tessenderlo Group and Yara International ASA.
Key Questions Answered in This Report:
How has the global liquid fertilizers market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global liquid fertilizers market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the production process?
What is the breakup of the market based on the crop?
What is the breakup of the market based on the mode of application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global liquid fertilizers market and who are the key players?
What is the degree of competition in the industry?
1Preface
2Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3Executive Summary
4Introduction
4.1Overview
4.2Key Industry Trends
5Global Liquid Fertilizers Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6Market Breakup by Type
6.1Nitrogen
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Phosphorous
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Potash
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Micronutrients
6.4.1 Market Trends
6.4.2 Market Forecast
7Market Breakup by Production Process
7.1Organic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Synthetic
7.2.1 Market Trends
7.2.2 Market Forecast
8Market Breakup by Crop
8.1Grains and Cereals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Fruits and Vegetables
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Oilseeds and Pulses
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Others
8.4.1 Market Trends
8.4.2 Market Forecast
9Market Breakup by Mode of Application
9.1Soil
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Fertigation
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Foliar
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Others
9.4.1 Market Trends
9.4.2 Market Forecast
10Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12Value Chain Analysis
13Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14Price Analysis
15Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1AgroLiquid
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2COMPO Expert GmbH (Grupa Azoty S.A.)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3Haifa Group
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4ICL Group Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5K+S Aktiengesellschaft
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6Kugler Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7Nutrien Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Nutri-Tech Solutions Pty Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9Plant Food Company Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10Tessenderlo Group
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11Yara International ASA
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
Figure 1: Global: Liquid Fertilizers Market: Major Drivers and Challenges
Figure 2: Global: Liquid Fertilizers Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Liquid Fertilizers Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Liquid Fertilizers Market: Breakup by Type (in %), 2022
Figure 5: Global: Liquid Fertilizers Market: Breakup by Production Process (in %), 2022
Figure 6: Global: Liquid Fertilizers Market: Breakup by Crop (in %), 2022
Figure 7: Global: Liquid Fertilizers Market: Breakup by Mode of Application (in %), 2022
Figure 8: Global: Liquid Fertilizers Market: Breakup by Region (in %), 2022
Figure 9: Global: Liquid Fertilizers (Nitrogen) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Liquid Fertilizers (Nitrogen) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Liquid Fertilizers (Phosphorous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Liquid Fertilizers (Phosphorous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Liquid Fertilizers (Potash) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Liquid Fertilizers (Potash) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Liquid Fertilizers (Micronutrients) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Liquid Fertilizers (Micronutrients) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Liquid Fertilizers (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Liquid Fertilizers (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Liquid Fertilizers (Synthetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Liquid Fertilizers (Synthetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Liquid Fertilizers (Grains and Cereals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Liquid Fertilizers (Grains and Cereals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Liquid Fertilizers (Fruits and Vegetables) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Liquid Fertilizers (Fruits and Vegetables) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Liquid Fertilizers (Oilseeds and Pulses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Liquid Fertilizers (Oilseeds and Pulses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Liquid Fertilizers (Other Crops) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Liquid Fertilizers (Other Crops) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Liquid Fertilizers (Soil) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Liquid Fertilizers (Soil) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Liquid Fertilizers (Fertigation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Liquid Fertilizers (Fertigation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Liquid Fertilizers (Foliar) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Liquid Fertilizers (Foliar) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Liquid Fertilizers (Other Mode of Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Liquid Fertilizers (Other Mode of Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia-Pacific: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia-Pacific: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Liquid Fertilizers Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Liquid Fertilizers Market: Breakup by Country (in %), 2022
Figure 85: Middle East and Africa: Liquid Fertilizers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Liquid Fertilizers Industry: SWOT Analysis
Figure 87: Global: Liquid Fertilizers Industry: Value Chain Analysis
Figure 88: Global: Liquid Fertilizers Industry: Porter's Five Forces Analysis
Table 1: Global: Liquid Fertilizers Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Liquid Fertilizers Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Liquid Fertilizers Market Forecast: Breakup by Production Process (in Million US$), 2023-2028
Table 4: Global: Liquid Fertilizers Market Forecast: Breakup by Crop (in Million US$), 2023-2028
Table 5: Global: Liquid Fertilizers Market Forecast: Breakup by Mode of Application (in Million US$), 2023-2028
Table 6: Global: Liquid Fertilizers Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Liquid Fertilizers Market: Competitive Structure
Table 8: Global: Liquid Fertilizers Market: Key Players
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