The reduction in soil quality has thrust the use of liquid fertilizers that assists farmers to boost their crop return by three to four times.
Moreover, there is also an increase in the demand for the proper utilization of fertilizers since the depletion of soil quality leads to micronutrient deficit in crops. This deficiency of micronutrients in the soil has driven the practice of employing liquid fertilizers.
The growth of the Global Liquid Fertilizers market is majorly driven by factors such as rising demand for high-efficiency fertilizers, easy accessibility, and implementation of precision farming. However, factors such as limitations in the supply chain, growing apprehensions over health and environmental degradation, and the high costs involved in handling and storage are restraining the growth of the market.
Market Segmentation :
Liquid Fertilizer market is segmented based on Nutrient Type, Form, Mode of Application, and Crop Type. The market for Liquid Fertilizers, on the basis of Nutrient Type, is classified into Potassium, Micronutrients, Phosphate, and Nitrogen. The Nitrogen segment is the largest segment, by Nutrient Type, whereas the micronutrients segment is anticipated to grow at the highest CAGR during the forecast period. On the basis of Form, the global Liquid Fertilizers market is segmented into Organic and Synthetic. Under this segment, the organic liquid fertilizers are projected to grow at a faster speed than the synthetic fertilizers. On the basis of Mode of Application, the global Liquid Fertilizers market is segmented into Soil, Fertigation, Foliar, and Others. The foliar application of liquid fertilizers is the most frequently used technique as it aids in counterbalancing soil conditions and augmenting plant growth. On the basis of Crop Type, the global Liquid Fertilizers market is segmented into Oilseeds, Fruits & Vegetables, Grains & Cereals, and Others. By Crop type, Grains and cereals lead the global market for Liquid Fertilizers, whereas the fruits & vegetable segment is anticipated to grow at the highest CAGR during the forecast period.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. The Asia Pacific has been leading the global Liquid Fertilizers market and is also the fastest-growing market due to its growing population, rising economy and widespread support from the government and other organizations to maximize agricultural production to meet food requirements. North America is the second major consumer of Liquid Fertilizers, followed by Europe and Latin America.
Major Key Players :
The market is categorized by the existence of diversified international and national companies, where global retailers lead the market and are predicted to grow exponentially by securing regional or local players. These retailers pose a tough test for small vendors in terms of price, accessibility, and variability. The major companies dominating the global Liquid Fertilizers market are Haifa Chemicals Ltd., Kugler Company, Yara International ASA, Israel Chemicals Ltd, Agrium Inc., and Sociedad Quimica Y Minera SA (SQM).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Nutrient Type
5.1.1 Potassium
5.1.2 Micronutrients
5.1.3 Phosphate
5.1.4 Nitrogen
5.2 By Form
5.2.1 Organic
5.2.2 Synthetic
5.3 By Mode of Application
5.3.1 Soil
5.3.2 Fertigation
5.3.3 Foliar
5.3.4 Others
5.4 By Crop Type
5.4.1 Oil seeds
5.4.2 Fruits & Vegetables
5.4.3 Grains & Cereals
5.4.4 Others
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Haifa Chemicals Ltd.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Kugler Company
8.3 Yara International ASA
8.4 Israel Chemicals Ltd
8.5 Agrium Inc.
8.6 Sociedad Quimica Y Minera SA (SQM)
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
