Liquid Fertilizer Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 22.3 Billion |
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Market Size (2030) | USD 31.53 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 5.94 % |
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Largest Share by Region | Asia-Pacific |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Liquid Fertilizer Market Analysis
The Liquid Fertilizer Market size is estimated at 22.3 billion USD in 2024, and is expected to reach 31.53 billion USD by 2030, growing at a CAGR of 5.94% during the forecast period (2024-2030).
22.3 Billion
Market Size in 2024 (USD)
31.53 Billion
Market Size in 2030 (USD)
6.39 %
CAGR (2017-2023)
5.94 %
CAGR (2024-2030)
Largest segment by Type
34.38 %
value share, Nitrogenous, 2023
Nitrogen is a crucial nutrient for plant growth and enhance yield, liquid nitrogen fertilizers are widely used across the regions for their rapid availability to plants.
Largest segment by Application Mode
50.45 %
value share, Foliar, 2023
The foliar feeding method plays an important role when the soil condition is inappropriate, with a lack of ideal pH, imbalances in soil nutrition, and waterlogging conditions.
Largest Segment by Crop Type
7.05 %
Projected CAGR, Horticultural Crops, 2024-2030
The demand for liquid fertilizers is expected to grow significantly due to the trend of increased adoption owing to the precision and efficiency of liquid fertilizers.
Largest segment by Country
35.47 %
value share, China, 2023
China is aiming to reduce fertilizer consumption by using fertilizers efficiently while reducing the fertilizer impact on the environment, thus contributing to market growth
Leading Market Player
10.44 %
market share, Yara International ASA, 2022
Yara International has expanded its liquid fertilizers portfolio and production facilities to meet the growing demand which has contributed to securing a significant share
Field crop consumption of liquid fertilizers is increasing
- Field crops dominated the global liquid fertilizer market, accounting for about 77.4% of the total liquid fertilizer consumption. Their volume consumption of liquid fertilizers was 20.6 million metric tons, worth USD 20.6 billion in 2022. The large consumption of liquid fertilizers by field crops is due to the large area under cultivation of these crops. More than 85.0% of the global agricultural land is dedicated to the cultivation of field crops.
- Horticultural crops are the second-largest crop type that consumes liquid fertilizers, accounting for about 19.2% of the global liquid fertilizer consumption in 2022.
- With increasing concerns for health and nutrition after the COVID-19 pandemic, the demand for high-value crops like fruits and vegetables is increasing worldwide. Vegetable crops with major demand, such as tomatoes, potatoes, onions, cabbage, and cauliflower, consume high amounts of fertilizer and are grown throughout the year. Foliar liquid fertilizers play an important role in fruit crops, as foliar spraying is known to improve the quality of fruits.
- Turf and ornamental crops accounted for a share of about 3.4% of the total global liquid fertilizer market and were valued at USD 863.9 million in 2022, with a volume consumption of 907.2 thousand metric tons.
- The area under cultivation of turf and ornamental crops is increasing with concerns over pollution, the growing importance of aesthetic landscaping in gardens, and ecotourism worldwide. Therefore, the global consumption of liquid fertilizers in respective crop types is anticipated to register a CAGR of 5.1% between 2023 and 2030.
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The United States occupied the higher market share in liquid fertilizers consumption in the region
- In 2022, the Asia-Pacific liquid fertilizers market accounted for approximately 49.9% of the global liquid fertilizers market's total value share. Growers in the region are increasingly aware of the advantages of liquid fertilizers, such as their ability to penetrate the soil easily and enable plants to absorb nutrients more quickly. Additionally, liquid fertilizers help reduce fertilizer wastage and can be applied either to the ground or to the leaves.
- Liquid fertilizer represented 21.8% of the North American specialty market in 2022. The United States was the top consumer of liquid fertilizers in North America, with a share of 74.4% in 2022. The liquid fertilizer market in the country was valued at USD 3.1 billion in 2022, with a volume consumption of 3.3 million metric tons.
- Europe is the third-largest market for liquid fertilizers in the world, accounting for about 15.6% of the total liquid fertilizer market. This is due to the dominance of better irrigation systems in the region. For instance, countries like Germany, Russia, the United Kingdom, and France have more than 55% of their irrigated land covered by sprinklers or micro-irrigation systems, thus driving the market in the region.
- Governments across the region are continuously promoting the adoption of micro-irrigation systems through price subsidies. Therefore, the adoption of liquid fertilizers in the region is expected to increase in the future, with the increased adoption of advanced irrigation methods.
- Hence, there is an increasing trend toward the adoption of liquid fertilizers due to the ease of application, uniform distribution, and reduction in the cost of application. These factors may drive the liquid fertilizer market between 2023 and 2030.
Global Liquid Fertilizer Market Trends
The rising pressure on the agriculture industry to meet the increasing demand for food is expected to increase the area under field crop cultivation
- The global agricultural sector is currently facing many challenges. According to the UN, the world population is likely to exceed nine billion by 2050. This population growth may overburden the agricultural industry, which is already experiencing an output loss due to a lack of laborers and the shrinkage of agricultural fields caused by rising urbanization. According to the Food and Agriculture Organization, 70% of the global population is expected to live in cities by 2050. Due to the global loss of arable land, farmers now need to utilize more fertilizers to increase crop yields.
- Asia-Pacific is the world's largest producer of agricultural products. Agriculture is critical to the region's economy, as it employs about 20% of the total available workforce. Field crop cultivation dominates the region, accounting for more than 95% of the total crop area in the region. Rice, wheat, and corn are the major field crops produced in the region, which accounted for about 24.3% of the total crop area in 2022.
- North America is the second-largest arable region of the total agricultural land area in the world. Diverse varieties of crops are grown in North American farms, primarily field crops. As per the USDA, corn, cotton, rice, soybean, and wheat are among the region's dominant field crops. The United States dominated the market by accounting for 46.2% of the total area under crop cultivation during the study period, with field crops covering the majority of the area compared to other crop types. Crop acreage in the country fell significantly between 2017 and 2019, primarily due to unfavorable environmental conditions that resulted in heavy floods in areas such as Texas and Houston.
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The global average application rate of primary nutrient nitrogen, potassium, and phosphorus in field crops is 164.31 kg/ha
- Corn, rapeseed, cotton, sorghum, rice, wheat, and soybean are some of the major primary nutrient-consuming crops worldwide. The primary nutrient application rates for these field crops are 230.57 kg/ha, 255.75 kg/ha, 172.70 kg/ha, 158.46 kg/ha, 154.49 kg/ha, 135.35 kg/ha, and 120.97 kg/ha, respectively. Primary nutrient fertilizers are crucial for crops because they play an essential role in plant metabolic processes and assist in forming tissues such as cells, cell membranes, and chlorophyll. Phosphorus is essential for growing high-quality crops; potassium activates the enzymes needed for plant growth and development.
- The global average application rate of nitrogen, potassium, and phosphorus in field crops is 164.31 kg/ha. Nitrogen is the most widely used primary nutrient fertilizer in field crops, accounting for an application rate of 224.6 kg/hectare, followed by potassic fertilizers with 150.3 kg/hectare, and phosphorus was the third most consumed fertilizer with an application rate of 117.9 kg/hectare in 2022.
- In 2022, the nitrogen application rate was highest in rapeseed at 347.4 kg/hectare. Similarly, the phosphorus application rate was highest in corn at 156.3 kg/hectare, and the potassium application rate was highest in canola at 248.6 kg/hectare. The global field crop cultivation area is increasing, particularly in South America and Asia-Pacific. These are the potential growing markets for fertilizers. Due to their efficiency, specialty fertilizers are widely used in developed regions such as Europe, North America, and other regions with widespread nutrient deficiencies. These factors are anticipated to drive the primary nutrient fertilizers market between 2023 and 2030.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Fruits and vegetables have higher economic returns and growing demand.
- Micronutrient deficiency can cause several detrimental effects in vegetable crops
- Sulfur is immobile in plants, making it more crucial nutrient for plant yield.
- Technical advancements in irrigation equipment and well water management practices may increase areas under irrigation
- Asia-Pacific accounted for the highest average micronutrient application rate of 5.20 kg/hectare
- Tomatoes have high average nutrient application rate of 386.4 kgs of primary nutrients per hectare
- Magnesium has accounted for the highest average application rate in vegetable crops among the secondary nutrients
Liquid Fertilizer Industry Overview
The Liquid Fertilizer Market is fragmented, with the top five companies occupying 15.48%. The major players in this market are Grupa Azoty S.A. (Compo Expert), ICL Group Ltd, Indian Farmers Fertiliser Cooperative Limited, Sociedad Quimica y Minera de Chile SA and Yara International ASA (sorted alphabetically).
Liquid Fertilizer Market Leaders
Grupa Azoty S.A. (Compo Expert)
ICL Group Ltd
Indian Farmers Fertiliser Cooperative Limited
Sociedad Quimica y Minera de Chile SA
Yara International ASA
Other important companies include BMS Micro-Nutrients NV, Nortox, Safsulphur.
*Disclaimer: Major Players sorted in alphabetical order.
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Liquid Fertilizer Market News
- May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.
- May 2022: ICL signed an agreement with customers in India and China to supply 600,000 and 700,000 metric tons of potash, respectively, in 2022 at USD 590 per ton.
- February 2022: ICL introduced lawn care fertilizers containing either urea coated with sulfur and a biodegradable polymer membrane (Poly-S) or resin-coated nitrogen combined with phosphorus and potash (PACE). These fertilizer avoids uncontrolled shock growth, which means less mowing effort, and are considered to be particularly easy and safe to use, and suitable for robotic lawnmowers.
Free with this Report
Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
Liquid Fertilizer Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Acreage Of Major Crop Types
2.1.1. Field Crops
2.1.2. Horticultural Crops
2.2. Average Nutrient Application Rates
2.2.1. Micronutrients
2.2.1.1. Field Crops
2.2.1.2. Horticultural Crops
2.2.2. Primary Nutrients
2.2.2.1. Field Crops
2.2.2.2. Horticultural Crops
2.2.3. Secondary Macronutrients
2.2.3.1. Field Crops
2.2.3.2. Horticultural Crops
2.3. Agricultural Land Equipped For Irrigation
2.4. Regulatory Framework
2.5. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Type
3.1.1. Complex
3.1.2. Straight
3.1.2.1. By Nutrient
3.1.2.1.1. Micronutrients
3.1.2.1.2. Nitrogenous
3.1.2.1.3. Phosphatic
3.1.2.1.4. Potassic
3.1.2.1.5. Secondary Macronutrients
3.2. Application Mode
3.2.1. Fertigation
3.2.2. Foliar
3.3. Crop Type
3.3.1. Field Crops
3.3.2. Horticultural Crops
3.3.3. Turf & Ornamental
3.4. Region
3.4.1. Asia-Pacific
3.4.1.1. Australia
3.4.1.2. Bangladesh
3.4.1.3. China
3.4.1.4. India
3.4.1.5. Indonesia
3.4.1.6. Japan
3.4.1.7. Pakistan
3.4.1.8. Philippines
3.4.1.9. Thailand
3.4.1.10. Vietnam
3.4.1.11. Rest of Asia-Pacific
3.4.2. Europe
3.4.2.1. France
3.4.2.2. Germany
3.4.2.3. Italy
3.4.2.4. Netherlands
3.4.2.5. Russia
3.4.2.6. Spain
3.4.2.7. Ukraine
3.4.2.8. United Kingdom
3.4.2.9. Rest of Europe
3.4.3. Middle East & Africa
3.4.3.1. Nigeria
3.4.3.2. Saudi Arabia
3.4.3.3. South Africa
3.4.3.4. Turkey
3.4.3.5. Rest of Middle East & Africa
3.4.4. North America
3.4.4.1. Canada
3.4.4.2. Mexico
3.4.4.3. United States
3.4.4.4. Rest of North America
3.4.5. South America
3.4.5.1. Argentina
3.4.5.2. Brazil
3.4.5.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. BMS Micro-Nutrients NV
4.4.2. Grupa Azoty S.A. (Compo Expert)
4.4.3. ICL Group Ltd
4.4.4. Indian Farmers Fertiliser Cooperative Limited
4.4.5. Nortox
4.4.6. Safsulphur
4.4.7. Sociedad Quimica y Minera de Chile SA
4.4.8. Yara International ASA
5. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- CULTIVATION OF FIELD CROPS IN HECTARE, GLOBAL, 2017 - 2022
- Figure 2:
- CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, GLOBAL, 2017 - 2022
- Figure 3:
- CONSUMPTION OF MICRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 4:
- CONSUMPTION OF MICRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 5:
- CONSUMPTION OF PRIMARY NUTRIENTS BY FIELD CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 6:
- CONSUMPTION OF PRIMARY NUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 7:
- CONSUMPTION OF SECONDARY MACRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 8:
- CONSUMPTION OF SECONDARY MACRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, GLOBAL, 2022
- Figure 9:
- AGRICULTURAL LAND EQUIPPED FOR IRRIGATION IN HECTARE, GLOBAL, 2022
- Figure 10:
- SPECIALITY FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 11:
- SPECIALITY FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 12:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY TYPE IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 13:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY TYPE IN USD, GLOBAL, 2017 - 2030
- Figure 14:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 15:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 16:
- COMPLEX LIQUID FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 17:
- COMPLEX LIQUID FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 18:
- COMPLEX FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 19:
- LIQUID FERTILIZER CONSUMPTION BY NUTRIENT IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 20:
- LIQUID FERTILIZER CONSUMPTION BY NUTRIENT IN USD, GLOBAL, 2017 - 2030
- Figure 21:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY NUTRIENT IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 22:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY NUTRIENT IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 23:
- LIQUID MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 24:
- LIQUID MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 25:
- LIQUID MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 26:
- LIQUID NITROGENOUS FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 27:
- LIQUID NITROGENOUS FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 28:
- LIQUID NITROGENOUS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 29:
- LIQUID PHOSPHATIC FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 30:
- LIQUID PHOSPHATIC FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 31:
- LIQUID PHOSPHATIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 32:
- LIQUID POTASSIC FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 33:
- LIQUID POTASSIC FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 34:
- LIQUID POTASSIC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 35:
- LIQUID SECONDARY MACRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 36:
- LIQUID SECONDARY MACRONUTRIENTS FERTILIZER CONSUMPTION IN USD, GLOBAL, 2017 - 2030
- Figure 37:
- LIQUID SECONDARY MACRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 38:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY APPLICATION MODE IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 39:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY APPLICATION MODE IN USD, GLOBAL, 2017 - 2030
- Figure 40:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY APPLICATION MODE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 41:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY APPLICATION MODE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 42:
- FERTIGATION APPLICATION OF LIQUID FERTILIZER IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 43:
- FERTIGATION APPLICATION OF LIQUID FERTILIZER IN USD, GLOBAL, 2017 - 2030
- Figure 44:
- FERTIGATION APPLICATION OF LIQUID FERTILIZER IN VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 45:
- FOLIAR APPLICATION OF LIQUID FERTILIZER IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 46:
- FOLIAR APPLICATION OF LIQUID FERTILIZER IN USD, GLOBAL, 2017 - 2030
- Figure 47:
- FOLIAR APPLICATION OF LIQUID FERTILIZER IN VALUE BY CROP TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 48:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 49:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY CROP TYPE IN USD, GLOBAL, 2017 - 2030
- Figure 50:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 51:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 52:
- LIQUID FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 53:
- LIQUID FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, GLOBAL, 2017 - 2030
- Figure 54:
- LIQUID FERTILIZER CONSUMPTION VALUE BY TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 55:
- LIQUID FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 56:
- LIQUID FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, GLOBAL, 2017 - 2030
- Figure 57:
- LIQUID FERTILIZER CONSUMPTION VALUE BY TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 58:
- LIQUID FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 59:
- LIQUID FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, GLOBAL, 2017 - 2030
- Figure 60:
- LIQUID FERTILIZER CONSUMPTION VALUE BY TYPE IN %, GLOBAL, 2023 VS 2030
- Figure 61:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY REGION IN METRIC TON, GLOBAL, 2017 - 2030
- Figure 62:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY REGION IN USD, GLOBAL, 2017 - 2030
- Figure 63:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY REGION IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 64:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY REGION IN %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 65:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, ASIA-PACIFIC, 2017 - 2030
- Figure 66:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN USD, ASIA-PACIFIC, 2017 - 2030
- Figure 67:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 68:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 69:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, AUSTRALIA, 2017 - 2030
- Figure 70:
- LIQUID FERTILIZER CONSUMPTION IN USD, AUSTRALIA, 2017 - 2030
- Figure 71:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, AUSTRALIA, 2023 VS 2030
- Figure 72:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, BANGLADESH, 2017 - 2030
- Figure 73:
- LIQUID FERTILIZER CONSUMPTION IN USD, BANGLADESH, 2017 - 2030
- Figure 74:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, BANGLADESH, 2023 VS 2030
- Figure 75:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, CHINA, 2017 - 2030
- Figure 76:
- LIQUID FERTILIZER CONSUMPTION IN USD, CHINA, 2017 - 2030
- Figure 77:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, CHINA, 2023 VS 2030
- Figure 78:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, INDIA, 2017 - 2030
- Figure 79:
- LIQUID FERTILIZER CONSUMPTION IN USD, INDIA, 2017 - 2030
- Figure 80:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDIA, 2023 VS 2030
- Figure 81:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, INDONESIA, 2017 - 2030
- Figure 82:
- LIQUID FERTILIZER CONSUMPTION IN USD, INDONESIA, 2017 - 2030
- Figure 83:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, INDONESIA, 2023 VS 2030
- Figure 84:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, JAPAN, 2017 - 2030
- Figure 85:
- LIQUID FERTILIZER CONSUMPTION IN USD, JAPAN, 2017 - 2030
- Figure 86:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, JAPAN, 2023 VS 2030
- Figure 87:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, PAKISTAN, 2017 - 2030
- Figure 88:
- LIQUID FERTILIZER CONSUMPTION IN USD, PAKISTAN, 2017 - 2030
- Figure 89:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, PAKISTAN, 2023 VS 2030
- Figure 90:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, PHILIPPINES, 2017 - 2030
- Figure 91:
- LIQUID FERTILIZER CONSUMPTION IN USD, PHILIPPINES, 2017 - 2030
- Figure 92:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, PHILIPPINES, 2023 VS 2030
- Figure 93:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, THAILAND, 2017 - 2030
- Figure 94:
- LIQUID FERTILIZER CONSUMPTION IN USD, THAILAND, 2017 - 2030
- Figure 95:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, THAILAND, 2023 VS 2030
- Figure 96:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, VIETNAM, 2017 - 2030
- Figure 97:
- LIQUID FERTILIZER CONSUMPTION IN USD, VIETNAM, 2017 - 2030
- Figure 98:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, VIETNAM, 2023 VS 2030
- Figure 99:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, REST OF ASIA-PACIFIC, 2017 - 2030
- Figure 100:
- LIQUID FERTILIZER CONSUMPTION IN USD, REST OF ASIA-PACIFIC, 2017 - 2030
- Figure 101:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 102:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, EUROPE, 2017 - 2030
- Figure 103:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN USD, EUROPE, 2017 - 2030
- Figure 104:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 105:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 106:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, FRANCE, 2017 - 2030
- Figure 107:
- LIQUID FERTILIZER CONSUMPTION IN USD, FRANCE, 2017 - 2030
- Figure 108:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, FRANCE, 2023 VS 2030
- Figure 109:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, GERMANY, 2017 - 2030
- Figure 110:
- LIQUID FERTILIZER CONSUMPTION IN USD, GERMANY, 2017 - 2030
- Figure 111:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GERMANY, 2023 VS 2030
- Figure 112:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, ITALY, 2017 - 2030
- Figure 113:
- LIQUID FERTILIZER CONSUMPTION IN USD, ITALY, 2017 - 2030
- Figure 114:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ITALY, 2023 VS 2030
- Figure 115:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, NETHERLANDS, 2017 - 2030
- Figure 116:
- LIQUID FERTILIZER CONSUMPTION IN USD, NETHERLANDS, 2017 - 2030
- Figure 117:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NETHERLANDS, 2023 VS 2030
- Figure 118:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
- Figure 119:
- LIQUID FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
- Figure 120:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
- Figure 121:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, SPAIN, 2017 - 2030
- Figure 122:
- LIQUID FERTILIZER CONSUMPTION IN USD, SPAIN, 2017 - 2030
- Figure 123:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SPAIN, 2023 VS 2030
- Figure 124:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, UKRAINE, 2017 - 2030
- Figure 125:
- LIQUID FERTILIZER CONSUMPTION IN USD, UKRAINE, 2017 - 2030
- Figure 126:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UKRAINE, 2023 VS 2030
- Figure 127:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, UNITED KINGDOM, 2017 - 2030
- Figure 128:
- LIQUID FERTILIZER CONSUMPTION IN USD, UNITED KINGDOM, 2017 - 2030
- Figure 129:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED KINGDOM, 2023 VS 2030
- Figure 130:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, REST OF EUROPE, 2017 - 2030
- Figure 131:
- LIQUID FERTILIZER CONSUMPTION IN USD, REST OF EUROPE, 2017 - 2030
- Figure 132:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF EUROPE, 2023 VS 2030
- Figure 133:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, MIDDLE EAST & AFRICA, 2017 - 2030
- Figure 134:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN USD, MIDDLE EAST & AFRICA, 2017 - 2030
- Figure 135:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, MIDDLE EAST & AFRICA, 2017 VS 2023 VS 2030
- Figure 136:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, MIDDLE EAST & AFRICA, 2017 VS 2023 VS 2030
- Figure 137:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, NIGERIA, 2017 - 2030
- Figure 138:
- LIQUID FERTILIZER CONSUMPTION IN USD, NIGERIA, 2017 - 2030
- Figure 139:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NIGERIA, 2023 VS 2030
- Figure 140:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, SAUDI ARABIA, 2017 - 2030
- Figure 141:
- LIQUID FERTILIZER CONSUMPTION IN USD, SAUDI ARABIA, 2017 - 2030
- Figure 142:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SAUDI ARABIA, 2023 VS 2030
- Figure 143:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, SOUTH AFRICA, 2017 - 2030
- Figure 144:
- LIQUID FERTILIZER CONSUMPTION IN USD, SOUTH AFRICA, 2017 - 2030
- Figure 145:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SOUTH AFRICA, 2023 VS 2030
- Figure 146:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, TURKEY, 2017 - 2030
- Figure 147:
- LIQUID FERTILIZER CONSUMPTION IN USD, TURKEY, 2017 - 2030
- Figure 148:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, TURKEY, 2023 VS 2030
- Figure 149:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, REST OF MIDDLE EAST & AFRICA, 2017 - 2030
- Figure 150:
- LIQUID FERTILIZER CONSUMPTION IN USD, REST OF MIDDLE EAST & AFRICA, 2017 - 2030
- Figure 151:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF MIDDLE EAST & AFRICA, 2023 VS 2030
- Figure 152:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, NORTH AMERICA, 2017 - 2030
- Figure 153:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN USD, NORTH AMERICA, 2017 - 2030
- Figure 154:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 155:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 156:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, CANADA, 2017 - 2030
- Figure 157:
- LIQUID FERTILIZER CONSUMPTION IN USD, CANADA, 2017 - 2030
- Figure 158:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, CANADA, 2023 VS 2030
- Figure 159:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, MEXICO, 2017 - 2030
- Figure 160:
- LIQUID FERTILIZER CONSUMPTION IN USD, MEXICO, 2017 - 2030
- Figure 161:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, MEXICO, 2023 VS 2030
- Figure 162:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, UNITED STATES, 2017 - 2030
- Figure 163:
- LIQUID FERTILIZER CONSUMPTION IN USD, UNITED STATES, 2017 - 2030
- Figure 164:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED STATES, 2023 VS 2030
- Figure 165:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, REST OF NORTH AMERICA, 2017 - 2030
- Figure 166:
- LIQUID FERTILIZER CONSUMPTION IN USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 167:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 168:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, SOUTH AMERICA, 2017 - 2030
- Figure 169:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION BY COUNTRY IN USD, SOUTH AMERICA, 2017 - 2030
- Figure 170:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, SOUTH AMERICA, 2017 VS 2023 VS 2030
- Figure 171:
- LIQUID FERTILIZER FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, SOUTH AMERICA, 2017 VS 2023 VS 2030
- Figure 172:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, ARGENTINA, 2017 - 2030
- Figure 173:
- LIQUID FERTILIZER CONSUMPTION IN USD, ARGENTINA, 2017 - 2030
- Figure 174:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ARGENTINA, 2023 VS 2030
- Figure 175:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, BRAZIL, 2017 - 2030
- Figure 176:
- LIQUID FERTILIZER CONSUMPTION IN USD, BRAZIL, 2017 - 2030
- Figure 177:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, BRAZIL, 2023 VS 2030
- Figure 178:
- LIQUID FERTILIZER CONSUMPTION IN METRIC TON, REST OF SOUTH AMERICA, 2017 - 2030
- Figure 179:
- LIQUID FERTILIZER CONSUMPTION IN USD, REST OF SOUTH AMERICA, 2017 - 2030
- Figure 180:
- LIQUID FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 181:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2017 - 2030
- Figure 182:
- GLOBAL LIQUID FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 183:
- MARKET SHARE OF MAJOR PLAYERS IN %, GLOBAL, 2022
Liquid Fertilizer Industry Segmentation
Complex, Straight are covered as segments by Type. Fertigation, Foliar are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.
- Field crops dominated the global liquid fertilizer market, accounting for about 77.4% of the total liquid fertilizer consumption. Their volume consumption of liquid fertilizers was 20.6 million metric tons, worth USD 20.6 billion in 2022. The large consumption of liquid fertilizers by field crops is due to the large area under cultivation of these crops. More than 85.0% of the global agricultural land is dedicated to the cultivation of field crops.
- Horticultural crops are the second-largest crop type that consumes liquid fertilizers, accounting for about 19.2% of the global liquid fertilizer consumption in 2022.
- With increasing concerns for health and nutrition after the COVID-19 pandemic, the demand for high-value crops like fruits and vegetables is increasing worldwide. Vegetable crops with major demand, such as tomatoes, potatoes, onions, cabbage, and cauliflower, consume high amounts of fertilizer and are grown throughout the year. Foliar liquid fertilizers play an important role in fruit crops, as foliar spraying is known to improve the quality of fruits.
- Turf and ornamental crops accounted for a share of about 3.4% of the total global liquid fertilizer market and were valued at USD 863.9 million in 2022, with a volume consumption of 907.2 thousand metric tons.
- The area under cultivation of turf and ornamental crops is increasing with concerns over pollution, the growing importance of aesthetic landscaping in gardens, and ecotourism worldwide. Therefore, the global consumption of liquid fertilizers in respective crop types is anticipated to register a CAGR of 5.1% between 2023 and 2030.
| Type | |||||||||
| Complex | |||||||||
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| Application Mode | |
| Fertigation | |
| Foliar |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
| Region | |||||||||||||
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Market Definition
- MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
- NUTRIENT TYPES COVERED - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
- AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
- CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
| Keyword | Definition |
|---|---|
| Fertilizer | Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc. |
| Specialty Fertilizer | Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers. |
| Controlled-Release Fertilizers (CRF) | Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle. |
| Slow-Release Fertilizers (SRF) | Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period. |
| Foliar Fertilizers | Consist of both liquid and water soluble fertilizers applied through foliar application. |
| Water-Soluble Fertilizers | Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application. |
| Fertigation | Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc. |
| Anhydrous Ammonia | Used as fertilizer, directly injected into the soil, available in gaseous liquid form. |
| Single Super Phosphate (SSP) | Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%. |
| Triple Super Phosphate (TSP) | Phosphorus fertilizer containing only phosphorus greater than 35%. |
| Enhanced Efficiency Fertilizers | Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers. |
| Conventional Fertilizer | Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc. |
| Chelated Micronutrients | Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc. |
| Liquid Fertilizers | Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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