Liquid Fertilizers Global Market 2024 - By Trends, Key Drivers, Top Manufacturers, Opportunities Forecast To 2033


Posted December 29, 2023 by varuntbrc

Global liquid fertilizers market size is expected to reach 13.24 Bn by 2028 at a rate of 10.0% segmented as by type, nitrogen, micronutrients, potassium, phosphate
 
The Liquid Fertilizers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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https://www.thebusinessresearchcompany.com/report/liquid-fertilizers-global-market-report

According to The Business Research Company’s Liquid Fertilizers Global Market Report 2024, The liquid fertilizers market size has grown strongly in recent years. It will grow from $8.23  billion in 2023 to $9.04  billion in 2024 at a compound annual growth rate (CAGR) of 9.8%.  The  growth in the historic period can be attributed to agricultural intensification, precision agriculture, global population growth, crop diversification, environmental awareness.

The liquid fertilizers market size is expected to see rapid growth in the next few years. It will grow to $13.24  billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.  The growth in the forecast period can be attributed to government subsidies, climate change adaptation, biostimulants integration, greenhouse gas reduction, biological nutrient activation. Major trends in the forecast period include demand for organic liquid fertilizers, microbial inoculants, customized nutrient solutions, bio-based fertilizers, smart farming technologies.

The rise in the agricultural sector is expected to propel the growth of the liquid fertilizers market going forward. The agriculture sectors comprise establishments that are primarily engaged in growing crops, raising animals, and harvesting fish and other animals from a farm, ranch, or their natural habitats. Liquid fertilizers are applied within a few days of planting a crop as plants quickly absorb the nutrients provided by these fertilizers. The additional nutrients ensure the plants grow quickly and are in good health thus increasing the overall yield. For instance, according to the Economic Survey of India, the agriculture sector registered a growth of 3.6 % in 2020-21 and is expected to reach 3.9% in 2021-22. Therefore, the rise in the agricultural sector is driving the growth of the liquid fertilizers market.

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The liquid fertilizers market covered in this report is segmented –
1) By Type: Nitrogen, Micronutrients, Potassium, Phosphate
2) By Production Process: Organic, Inorganic
3) By Crop Type: Cereals And Grains, Oilseeds, Fruits, Pulses
4) By Application: Soil, Fertigation, Foliar

Product innovations have emerged as the key trend gaining popularity in the liquid fertilizers market. Major players in the market are focusing on developing innovative products for market growth and a strong product portfolio. For instance, in April 2023, Indian Farmers Fertilizer Cooperative Ltd., an India-based cooperative society, launched the world’s first liquid nano-DAP (di-ammonia phosphate) fertilizer. Nano DAP Liquid is a high-quality nitrogen and phosphorus source that aids in the treatment of nitrogen and phosphorus shortages in plants.

The liquid fertilizers market report table of contents includes:
1. Executive Summary
2. Liquid Fertilizers Market Characteristics
3. Liquid Fertilizers Market Trends And Strategies
4. Liquid Fertilizers Market - Macro Economic Scenario
5. Global Liquid Fertilizers Market Size and Growth
................
31.  Global Liquid Fertilizers Market Competitive Benchmarking
32.  Global Liquid Fertilizers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Liquid Fertilizers Market
34. Liquid Fertilizers Market Future Outlook and Potential Analysis
35. Appendix

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Issued By Varun
Country United States
Categories Business , Energy , Food
Tags liquid fertilizers market report , liquid fertilizers market size , liquid fertilizers market share , liquid fertilizers market trends
Last Updated December 29, 2023