Liquid Fertilizers Market Outlook:
Liquid Fertilizers Market size was valued at USD 2.78 billion in 2024 and is likely to cross USD 4.32 billion by 2034, expanding at more than 4.5% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of liquid fertilizers is estimated at USD 2.89 billion.
The market growth can be ascribed to rising demand for food consumption, growing exports and imports of vegetables and fruits, and the increasing number of plant diseases affecting crops across the globe. As per a report published by the Food and Agricultural Organization of the United Nations, the amount of cereal produced worldwide has increased by 7 million tonnes in 2022. Additionally, the prediction for the global consumption of cereal in the years 2022-2023 has also increased, going from 9.2 million tonnes to 2 797 million tonnes.
Fertilizers that include sodium, potassium, and phosphorous dissolve quickly in water, gradually reducing application costs and allowing for their use. Nitrogen. For instance, according to the Food and Agriculture Organizations of the United Nations, it was noticed that, from 2021 to 2022, worldwide demand for nitrogen fertilizers had increased from 110193 thousand tonnes to 111591 thousand tonnes. Increasing the application of liquid fertilizers in home irrigation and growing interest of people for green houses and gardens is poised to propel the market growth.
