liquid fertilizer Market To Observe exponential Growth By 2020-2027
Global
liquid fertilizer Industry is estimated to reach value of USD 3.07 Billion by
2027
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.
Rising requirement for
precision farming, enhanced crop protection, and the presence of vital
nutrients in liquid fertilizers for a better crop yield is boosting the
industry growth.
Leading 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.
To
get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/liquid-fertilizers-market
Liquid
Fertilizers Market Service Insight:
The nitrogen sub-segment
is foreseen to dominate the industry growth throughout the projected timeframe.
This growth can be ascribed to augmented nitrogen use across the agricultural
sector to build amino acids to enhance the biochemical processes that support
plant growth. Nitrogen fertilizers are also extensively used to overcome the
inadequate availability of the nutrient in the soil.
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 market segmentation by
geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and
Italy) Asia-Pacific (China, Japan,
Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia
etc.) Middle East and Africa (Saudi
Arabia, UAE, Egypt, Nigeria and South Africa)
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)
• Phosphorus
• Potassium
• Nitrogen
• Micronutrients
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