The Asia Pacific water soluble fertilizers market was valued at USD 1048.43 million in 2024 and is anticipated to reach USD 114.91 million in 2025 from USD 1817.63 million by 2033, growing at a CAGR of 6.30% from 2025 to 2033.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid increase in the demand for food in this region, which has an increasing population, mainly in India and China. Water soluble fertilizers are fertilizers that readily dissolve in water to give nutrition to crops.
Water Soluble Fertilizers (WSF) are readily soluble in water. Being soluble in water, they release nutrients to the roots of the plants through the process of osmosis. These nutrients absorbed are then transferred to various parts of plants, leaves, stems, etc.. where they are used in the plant’s mechanism. These fertilizers are mainly used in two ways: fertilization and foliar application. While in Fertigation, WSF is directly inserted into the irrigation system, in the Foliar system, these fertilizers are directly applied to the leaves of the plants.
With the increasing need for food in families with increasing population in India and China, there has been a huge demand for fertilizers. India is a particularly big market for fertilizers because most of the share of the population is vegetarian. Big farmers or even smaller ones need to keep their crops safe as the crops are also highly vulnerable to various diseases that spread very fast. Because their livelihood depends on farming only, they need to invest in WSF to safeguard these crops and prevent themselves from incurring huge losses. In addition, for poor people, vegetarian food is the only way to survive, which profits the WSF market. These are the few factors driving this market in this region. Water Soluble Fertilizers are facing challenges mainly because of increasing spending capabilities of people, people tend to eat non-vegetarian more often which indirectly affects this market a little bit. Also, India, which used to be mainly vegetarian, now has an increased share of Non-vegetarians. Fast-paced industrialization in this region has led to the conversion of huge amount of farming land for industrial purposes, which is leading farmers away from this job, hence affecting this market.
Potassic and micronutrient-based WSF are expected to show huge growth among other types as there is a balanced need for all the nutrients for plants. Fertigation mode is most commonly used to apply WSF.
On the basis of geography, the Asia Pacific market is divided into China, India, Japan, Australia and South Korea. The water-soluble fertilizers market is dominated by India in this region because of the huge share of the population being vegetarian. It is followed by China. Despite Europe being the biggest market of all the segmented regions in this report, Asia Pacific is the fastest-growing region in the world.
Some of the major companies dominating the market, by their products and services, include PR Agro Nutri Private Ltd. (India), CF Industries (US), The Mosaic Company (US), Israel Chemicals (Israel), Eurochem (Switzerland), Terra Nitrogen Company (US) and Sirius Minerals (UK).
This research report on the Asia Pacific water soluble fertilizers market is segmented and sub-segmented into the following categories.
By Crop Type Grown
By Application
By Type of WSF
By Country
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