Overview:

The global liquid fertilizers market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Liquid fertilizers are liquid state inorganic substances, which are known for their quick and effective nourishment for crops or plants. Liquid fertilizers work rapidly to provide growth and recovery to undernourished plants. Concentrated products such as ammonia aqueous solutions or ammonium aqueous solutions or anhydrous ammonia are blended with water to produce concentrated liquid fertilizer.

Market Dynamics:

High demand for food grains coupled with problems with reduction of groundwater resources is driving growth of the global market. Integration of advanced technology to improve the efficiency of fertilizers such as integration of affordable polymer coating technology and urease inhibitors is another factor supporting liquid fertilizers market growth.

However, fluctuation in handling cost due to high transportation and storage cost of liquid fertilizers may hamper the target market growth. Nonetheless, increasing awareness about the benefits of liquid fertilizers to the environment is increasing, which is expected to create advantageous opportunities for the market growth.

Key Trends:

Key players operating in the global liquid fertilizers market are engaged in strategic partnerships, product launches, and facility expansions in order to strengthen their position in the global market. Fоr instance, in 2019, Ruralco Holdings Limited (Ruralco) was acquired by key market player Nutrient Ltd. to expand the presence of the company in Australia.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific accounts for the major revenue share in 2019, owing to growing agricultural activities coupled with increasing demand for high-quality agricultural products are boosting growth of the target market in the Asia Pacific. The market in Asia Pacific is expected to register significant CAGR in during the forecast period followed by Latin America, and Middle East & Africa due to growing cropping area in these regions.

Scope of the Report:

Detailed Segmentation:

Global Liquid Fertilizers Market, By Type:

• Nitrogen
• Phosphorus
• Micronutrients
• Potassium

Global Liquid Fertilizers Market, By Production Process

• Organic
• Synthetic

Global Liquid Fertilizers Market, By Crop Type

• Cereals and Grains
• Fruits and Vegetables
• Oilseeds and Pulses
• Others

Global Liquid Fertilizers Market, By Mode of Application

• Soil
• Foliar
• Fertigation
• Others

Key Players Covered:

Key players operating in the global market includes, Yara International ASA, K+S Aktiengesellschaft, Agrium Inc., Israel Chemical Ltd., Nutrien, Ltd, Compo Expert GmbH, The Mosaic Company, Sociedad Química y Minera de Chile, Agroliquid, Rural Liquid Fertilizers, and BASF SE.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Liquid Fertilizers Market by type, production process, crop type, mode of application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global liquid fertilizers market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.