The growing adoption of efficient fertilizers and fertilization techniques is expected to bolster the growth of the liquid fertilizers market, states Fortune Business Insights, in a report, titled “Liquid Fertilizers Market Size, Share & Industry Analysis, By Type (Synthetic, Organic), By Nutrient Type (Nitrogen, Potassium, Phosphate, Micronutrient), By Mode of Application (Fertigation, Foliar, Soil), By Crop Type (Horticulture, Field Crop, Turf & Ornamentals, Others) and Regional Forecast, 2022-2029.” The surging demand for liquid fertilizers is expected to incite the market's development during the forecast period.
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The report on the liquid fertilizers market depicts:
Essential understandings of the market
Swot Analysis of the regions
Recent market trends and developments
Stellar insights into the competitive landscape
Driving Factor:
Rising Popularity of Precision Farming to Enhance Growth
The increasing demand for high-value crops coupled with changing consumer diets is expected to boost its growth. The growing knowledge about precision farming among farmers can have an excellent impact on the global market. The adoption of fertilizers to increase crop yields can improve the prospects of the market. Furthermore, the expansion of production facilities by significant companies can enhance the development of the market. For instance, in December 2018, Mosaic China opened a new facility in Yantai port. The new facility has several exciting features and capabilities, including an advanced Soil Lab. The 25,000-sq. ft. plant is also equipped with a modernized logistics tracking system to cultivate safer and more efficient operations. Besides, major companies are focused on R&D activities to develop innovative and novel liquid fertilizers for diversified applications across horticultural and field crop commodities, which can propel the market growth. Also, the growing demand for liquid fertilizers due to heavy food demand can subsequently enable the market's speedy expansion. However, the high production cost of fertilizers can dampen the growth of the market in the forthcoming years.
Market Segments:
The Horticulture Sector to Hold the Largest Share
The rapid expansion of the horticulture sector in developed countries is expected to boost the demand for fertilizers. The high profit margin associated with the cultivation of fruits and vegetables is gravitating farmers to utilize liquid fertilizers despite their high price.
Synthetic liquid fertilizers are predicted to hold a considerable share in the global liquid fertilizers market due to the high adoption of synthetic liquid fertilizers. Moreover, the increasing adoption of organic fertilizers is fueling the production of organic liquid fertilizers. Liquid fertilizers are widely utilized in various fertigation techniques. The high adoption of precision farming is expected to aid market growth.
Regional Insights:
High Crop Production to Augment Growth in North America
The market in North America is expected to hold the largest share in the global market. The large area of sprinkler irrigation in the region can aid development. According to the United States Geological Survey, in 2015, around 55% (34,700 thousand acres) of irrigated land in the U.S. was armed with sprinkler irrigation systems. Moreover, the efficient agri-inputs for crop production and growing concerns for traditional agri-inputs can spur product demand in North America. Asia Pacific is expected to rise exponentially during the forecast period. The growth is attributed to the increasing cost and adverse effect of traditional fertilizers. The growing advancement in automated irrigation systems is expected to foster growth in the region. The surging awareness regarding nitrogenous liquid fertilizers treatment for restoring the soil nutrients and improving the overall soil fertility can propel the development of the market in the region.
Key Development:
October 2018: SQM announced the launch of Ultrasolution-K, innovative specialty plant nutrition. An all-in-one liquid formulation, Ultrasolution K contains 100 percent macronutrients that are readily available for plant uptake. The product is an ideal source of nitrogen and potassium.
The Report Lists the Key Companies in the Liquid Fertilizers Market
Yara International ASA
Nutrien Ltd
Israel Chemical Ltd.
Haifa Chemical Ltd
Grupa Azoty
The Mosaic Company
Sociedad Química y Minera de Chile S.A.
K+S Aktiengesellschaft
Plant Food Company Inc.
EuroChem Group
Browse Summary
https://www.fortunebusinessinsights.com/liquid-fertilizers-market-103314
The latest research on the Liquid Fertilizers market applies both qualitative and quantitative data analysis to present an overview of the future adjacencies around the Liquid Fertilizers industry for the forecast period, 2020-2027.“Liquid Fertilizers Industry Size is Anticipated USD 3.07 Billion in 2027 from USD 2.26 Billion in 2019, registering a Compound Annual Growth Rate of 3.8% through the forecast period.”The Liquid Fertilizers market growth can be attributed to the easy and convenient application of liquid fertilizer and its high penetration rate compared to granular fertilizers.
Liquid fertilizers offer enhanced uniformity by providing a consistent coating to the crops, thereby augmenting the market demand.To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/liquid-fertilizers-marketLeading players of the industry include Foxfarm Fertilizer, Yara International ASA, Nutri-Tech Solutions PtyLtd, Plant Food Company Inc., ICL Fertilizers, AgroLiquid AD, Haifa Chemicals Ltd, Compo Expert GmbH, K+S Aktiengesellschaft, and Kugler Company, among others.Liquid Fertilizers Market Solution InsightFor the purpose of this report, Emergen Research has segmented the Global Liquid Fertilizers Market on the basis of nutrients type, manufacturing process, compound, crop type, fertilizer application method, and region:AgroLiquid AD, in November 2020, launched springuP, a liquid phosphorous product aimed to enhance crop productivity by supplying necessary quantities of phosphorous, nitrogen, and potassium at the early stage.In 2019, Yara International ASA introduced Yaralix, a tool implemented in precision farming to help farmers estimate the required crop nitrogen levels through smartphones.The strategic growth research technique adopted by the subject matter experts behind this study full weighs upon the product application, product types and important industry terminologies and definition to help business owners to build a robust business plan as well as a progressive map for their product and services.
Moreover, the agile methods to assess various factors including demand and supply status, consumption volume, customer preference, spending capacity and import and export trends work as a boon to those diversifying in a new line of product.Nutrients Type Outlook (Volume, Million Metric Tons; Revenue, USD Billion; 2017–2027)PhosphorusPotassiumNitrogenMicronutrients
The Liquid Fertilizers Market Research Report Forecast is a valuable source of insightful data for business strategists.
It provides the industry overview with recent trends, size, share, growth analysis, historical, futuristic data, revenue, demand and strategic development.The entire liquid fertilizers market has been sub-categorized into type, production process, crop and application.
The report provides an analysis of these subsets with respect to the geographical segmentation.
This research study will keep marketer informed and helps to identify the target demographics for a product or service.Request a FREE Sample Copy of Global Liquid Fertilizers Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/liquid-fertilizers-market/download-sampleBy TypeNitrogenPhosphorousPotashMicronutrientsBy Production ProcessOrganicSyntheticBy CropCereals & GrainsFruits & VegetablesOilseeds & PulsesOthersBy ApplicationSoilFoliarFertigationOthersThe research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the liquid fertilizers market include Agrium Incorporated, Yara International ASA, Israel Chemical, Rural Liquid Fertilizers, K+S Aktiengesellschaft, Triangle Chemical Company, Haifa Chemicals, Compo Expert GmbH, Kugler Company, Agro Liquid, Plant Food Company Incorporated, Nutri-Tech Solutions, Planet Natural, Tessenderlo Group, Kay-Flo, Agro tiger and Foxfarm Fertilizer.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.This section covers regional segmentation which accentuates on current and future demand for liquid fertilizers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
