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Liquid Fertilizers Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 05:44 AM, 27th September, 2018 REP-ID-565 Category: Chemicals and Materials

Liquid Fertilizers Market Overview

Liquid fertilizers are made of natural ingredients and are used to reduce the plant growth interval and to increase the plant productivity. Further, liquid fertilizers provide extra nutriments to the plants and help them grow healthy.

Market Size and Forecast

Global liquid fertilizers market is anticipated to grow at a robust compound annual growth rate (CAGR) of 2.9% over the forecast period i.e. 2017-2024. The global market of liquid fertilizers is primarily driven on the back of rising food demand across all regions. Further, booming population coupled with increasing need for precise farming in order to improve overall crop production are key factors which are envisioned to augment the growth of global liquid fertilizers market in future.

liquid fertilizers

In terms of region, global liquid fertilizers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, Asia Pacific region is anticipated to lead the overall liquid fertilizer market over the forecast period. Presence of large base population and growing demand for food grains are key drivers which are fuelling the growth of liquid fertilizers market in this region. Additionally, government support and increasing awareness amongst the population regarding benefits of using liquid fertilizers are strengthening the growth of liquid fertilizers market in Asian countries.

Apart from Asia Pacific, North America region is showcasing a potential market for liquid fertilizers. Further, North America region is anticipated to showcase a robust growth over the forecast period owing to the increasing demand for organic foods in U.S. and Canada.

Furthermore, global liquid fertilizer market is segmented into ingredient type which includes organic and synthetic. Further, synthetic liquid fertilizer segment by ingredient type dominated the global liquid fertilizer in previous years and is predicted to maintain this dominance over the forecast period. However, organic liquid fertilizer segment is likely to grow at maximum pace during the forecast period owing to its environmental benefits.

Market Segmentation

Our in-depth analysis has segmented global liquid fertilizers market into the following segments:

By Ingredient Type

  • Organic
  • Synthetic

By Micronutrients Type

  • Nitrogen
  • Phosphate
  • Potassium
  • Other Micronutrients

By Crop Type

  • Grain
    • Wheat
    • Barley
    • Canola
    • Pulses
    • Others
  • Horticulture
  • Irrigated Crops
    • Cotton
    • Sugarcane
    • Rice
    • Others

By Mode of Application

  • Starter solutions
  • Foliar application
  • Fertigation
  • Injection into soil
  • Aerial applications

By Region

Global Liquid Fertilizers market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Malaysia Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, Turkey, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

Liquid Fertilizers Market Size

Growth Drivers & Challenges

Rising demand and consumption of organic foods all across the globe is one of the key growth drivers for global liquid fertilizers market. Population of various developed and developing countries such as U.S., Canada, China, India and others are adopting liquid fertilizers owing to the increasing demand for food. This factor is propelling the growth of the global liquid fertilizers market.

Further, governments of various nations are encouraging the use of liquid fertilizers by subsidies and incentive policies. This encouragement is expected to grow the liquid fertilizers market all over the globe. This massive increase in usage of liquid fertilizers is providing many opportunities for the liquid fertilizers manufacturers to grow and diversify their portfolio. For instance, Indian government is promoting liquid fertilizers and has recently announced the initialization of liquid fertilizer plant in Chhattisgarh.

The adoption of liquid fertilizers is increasing due to capability of biological organisms to battle weeds, insects and other various diseases that may harm crops and increase chances of soil contaminations. Apart from this, farmers are adopting liquid fertilizers to boost crop production and increase the profit.

Rising Food Demand

Although, presence of alternatives such as bio fertilizers and other chemicals and lack of awareness in rural areas are key challenges which may adversely affect the growth of global liquid fertilizer market in future.

Key Players

  • Agrium Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Kugler Company
  • Haifa Chemicals ltd. 
  • Agroliquid
  • Plant Food Company, Inc.
  • Compo Expert GmbH
  • Rural Liquid Fertilizers
  • Pattison Liquid Systems Inc.
  • Nutra Flo Company
  • InstaGro Manufacturing Inc. 
  • Van Iperen International
  • AgroThrive, Inc.
  • Eco-green Liquid Fertilizer
  • Other Notable Players

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global Liquid Fertilizers market is segmented as follows:

  • By Ingredient Type Market Size & Y-O-Y Growth Analysis
  • By Micronutrients Type Market Size & Y-O-Y Growth Analysis
  • By Crop Type Market Size & Y-O-Y Growth Analysis
  • By Mode of Application Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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