Water-Soluble Fertilizers Market Growth, Size, Trends, Revenue, Demand and Future Competition
Water-Soluble Fertilizers Market Size- By Form, By Product, By Crop Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: AGRI2304 | Pages: 1 - 242 | Formats*: |
| Category : Agriculture | |||
Water-Soluble Fertilizers Market Introduction and Overview
According to SPER Market Research, the Global Water-Soluble Fertilizers Market is estimated to reach USD 27.26 billion by 2032 with a CAGR of 4.66%.
The report includes an in-depth analysis of the Global Water-Soluble Fertilizers market, including market size and trends, product mix, distribution channels, and supplier analysis. Water soluble fertilizers are easily added to or leached out of the soil after being dissolved in water. It is simple to regulate the precise amount of nutrients made available to plants when using water-soluble fertilizers. The NPK value on the label for these water-soluble fertilizers is not the concentration itself, but rather the grade in which it is offered. The letters N, P, and K stand for nitrogen, phosphorus, and potassium, respectively. The most important nutrient is nitrogen. It regulates the methods utilized to produce proteins necessary for the synthesis of fresh protoplasm in cells. rients for the crop's general development.
- In July 2022, Nutrien declared that it has signed a contract to buy the Brazilian business Casa do Adubo for almost $400 million. This deal consists of 10 distribution centers operating under the brand Agrodistribuidor Casal and 39 retail sites operating under the name Casa do Adubo. This acquisition will increase the company's market presence in South America and aid in market share expansion for water-soluble fertilizers.
- Israel Chemical Ltd. and India Potash Limited (India) established a long-term agreement in June 2022 to provide polysulfate with a renewable option. It is anticipated that the availability of polysulfate will strengthen the Indian government's organic agriculture initiative. It would also assist ICL in reaching out to and meeting the needs of Indian farmers, strengthening its position in the Indian and Asian markets.
Market Opportunities and Challenges
The Water-Soluble Fertilizers market has a variety of opportunities and challenges. On the opportunity side, The need for water-soluble fertilizers is expected to rise as the production of high-value crops rises throughout Asia and Southeast Asia as a result of rising urbanization, an improving economy, and increased trade liberalization. Subsidizing water soluble fertilizer in developing markets is anticipated to quickly increase farmers' use of it. To increase the effectiveness of fertilizer use and increase agricultural output in the nation, the Government of India, for instance, offered fertilizer firms different facilities to provide novel, specially designed, and speciality fertilizer products
On the challenge side, according to the World Bank, fertilizer prices have grown since 2022 as a result of growing input costs, supply problems, and export limitations in China. The Ukrainian crisis has heightened concerns about fertilizer affordability. Rising natural gas prices, notably in Europe, resulted in widespread ammonia production cuts—an crucial feedstock for nitrogen-based water-soluble fertilizers. Natural gas is a crucial raw ingredient in the production of water-soluble fertilizers, and the price of natural gas determines the margin for producers. Even if fertilizer prices remain constant, the increase in natural gas prices is projected to reduce margins.
Market Competitive Landscape
Doggett, Ferti Technologies, Garsoni International, Grow More, Haifa, ICL Specialty Fertilizers, Master Plant-Prod, Miller Chemical & Fertilizer, National Liquid Fertilizer, Plant Marvel, PRO-SOL, SQM, Sun Gro Horticulture, Timac Agro USA, Yara, These organizations focus on product innovation, increasing their flavor portfolios, and best marketing methods.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Form, By Product, By Crop Type, By Application |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Doggett, Ferti Technologies, Garsoni International, Grow More, Haifa, ICL Specialty Fertilizers, Master Plant-Prod, Miller Chemical & Fertilizer, National Liquid Fertilizer, Plant Marvel, PRO-SOL, SQM, Sun Gro Horticulture, Timac Agro USA, Yara |
COVID-19 Impact on Global Water-Soluble Fertilizers Market
Various socioeconomic events that resulted from the epidemic have had a negative impact on the global market. A decline in total production has been caused by a halt in the manufacture of specialized fertilizers as a result of lockdowns in various important regions that produce speciality fertilizers. The supply chain for these fertilizers has been impeded by international trade restrictions imposed by various nations, but with the relaxation of these constraints, the supply chain should improve.
Key Target Audience
- Fertilizer manufacturers
- Irrigation system manufacturers and suppliers
- Water-Soluble Fertilizer manufacturers
- Water-Soluble Fertilizer product exporters & importers
- Water-Soluble Fertilizer raw material suppliers
Our in-depth analysis of the Water-Soluble Fertilizers Market includes the following segments:
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Key Topics Covered in the Report
- Global Water-Soluble Fertilizers Market Size (FY’2022-FY’2032)
- Overview of Global Water-Soluble Fertilizers Market
- Segmentation of Global Water-Soluble Fertilizers Market By Form (Dry, Liquid)
- Segmentation of Global Water-Soluble Fertilizers Market By Product (Micronutrients, Nitrogenous, Phosphatic, Potassium, Others)
- Segmentation of Global Water-Soluble Fertilizers Market By Crop Type (Field Crop, Horticulture, Turf & Ornamentals, Others)
- Segmentation of Global Water-Soluble Fertilizers Market By Application (Fertigation, Foliar)
- Statistical Snap of Global Water-Soluble Fertilizers Market
- Expansion Analysis of Global Water-Soluble Fertilizers Market
- Problems and Obstacles in Global Water-Soluble Fertilizers Market
- Competitive Landscape in the Global Water-Soluble Fertilizers Market
- Impact of COVID-19 and Demonetization on Global Water-Soluble Fertilizers Market
- Details on Current Investment in Global Water-Soluble Fertilizers Market
- Competitive Analysis of Global Water-Soluble Fertilizers Market
- Prominent Players in the Global Water-Soluble Fertilizers Market
- SWOT Analysis of Global Water-Soluble Fertilizers Market
- Global Water-Soluble Fertilizers Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Water-Soluble Fertilizers Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape
5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Water-Soluble Fertilizers Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Water-Soluble Fertilizers Market
7. Global Water-Soluble Fertilizers Market, By Form, 2019-2032 (USD Million)
7.1 Dry
7.1.1 Granules7.1.2 Powder
7.2 Liquid
8. Global Water-Soluble Fertilizers Market, By Product, 2019-2032 (USD Million)
8.1 Micronutrients8.2 Nitrogenous8.3 Phosphatic8.4 Potassium8.5 Others
9. Global Water-Soluble Fertilizers Market, By Crop Type, 2019-2032 (USD Million)
9.1 Field Crop9.2 Horticulture9.3 Turf & Ornamentals9.4 Others
10. Global Water-Soluble Fertilizers Market, By Application, 2019-2032 (USD Million)
10.1 Fertigation10.2 Foliar
11. Global Water-Soluble Fertilizers Market, By Region, 2019-2032 (USD Million)
11.1 Global Water-Soluble Fertilizers Market and Market Share by Region (2019-2025)11.2 Global Water-Soluble Fertilizers Market and Market Share by Region (2026-2032)11.3 Asia-Pacific
11.3.1 Australia11.3.2 China11.3.3 India11.3.4 Japan11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France11.4.2 Germany11.4.3 Italy11.4.4 Spain11.4.5 United Kingdom11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia11.5.2 United Arab Emirates11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada11.6.2 Mexico11.6.3 United States
11.7 Latin America
11.7.1 Argentina11.7.2 Brazil11.7.3 Rest of Latin America
12. Company Profiles
12.1 Doggett
12.1.1 Company details12.1.2 Financial outlook12.1.3 Product summary12.1.4 Recent developments
12.2 Ferti Technologies
12.2.1 Company details12.2.2 Financial outlook12.2.3 Product summary12.2.4 Recent developments
12.3 Garsoni International
12.3.1 Company details12.3.2 Financial outlook12.3.3 Product summary12.3.4 Recent developments
12.4 Grow More
12.4.1 Company details12.4.2 Financial outlook12.4.3 Product summary12.4.4 Recent developments
12.5 Haifa
12.5.1 Company details12.5.2 Financial outlook12.5.3 Product summary12.5.4 Recent developments
12.6 ICL Specialty Fertilizers
12.6.1 Company details12.6.2 Financial outlook12.6.3 Product summary12.6.4 Recent developments
12.7 Master Plant-Prod
12.7.1 Company details12.7.2 Financial outlook12.7.3 Product summary12.7.4 Recent developments
12.8 Miller Chemical & Fertilizer
12.8.1 Company details12.8.2 Financial outlook12.8.3 Product summary12.8.4 Recent developments
12.9 National Liquid Fertilizer
12.9.1 Company details12.9.2 Financial outlook12.9.3 Product summary12.9.4 Recent developments
12.10 Plant Marvel
12.10.1 Company details12.10.2 Financial outlook12.10.3 Product summary12.10.4 Recent developments
12.11 PRO-SOL
12.11.1 Company details12.11.2 Financial outlook12.11.3 Product summary12.11.4 Recent developments
12.12 SQM
12.12.1 Company details12.12.2 Financial outlook12.12.3 Product summary12.12.4 Recent developments
12.13 Sun Gro Horticulture
12.13.1 Company details12.13.2 Financial outlook12.13.3 Product summary12.13.4 Recent developments
12.14 Timac Agro USA
12.14.1 Company details12.14.2 Financial outlook12.14.3 Product summary12.14.4 Recent developments
12.15 Yara
12.15.1 Company details12.15.2 Financial outlook12.15.3 Product summary12.15.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Water-Soluble Fertilizers Market is projected to reach USD 27.26 billion by 2032, growing at a CAGR of 4.66% during the forecast period.
Water-Soluble Fertilizers Market grew in market size from 2021. The Market is expected to reach USD 27.26 billion by 2032, at a CAGR of 4.66% during the forecast period.
Water-Soluble Fertilizers Market CAGR of 4.66% during the forecast period.
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Water-Soluble Fertilizers Market size is USD 27.26 billion from 2022 to 2032.
Water-Soluble Fertilizers Market Segment is Covered By Form, By Product, By Crop Type, By Application.
The North America region is anticipated to have the highest market share in the Water-Soluble Fertilizers Market.
The key players in the market include Companies Covered Doggett, Ferti Technologies, Garsoni International, Grow More, Haifa, ICL Specialty Fertilizers, Master Plant-Prod, Miller Chemical & Fertilizer, National Liquid Fertilizer, Plant Marvel, PRO-SOL, SQM, Sun Gro Horticulture, Timac Agro USA, Yara.
The main driver driving the market for water soluble fertilizers is rising awareness of the need of managing soil fertility.
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