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Liquid Fertilizers Market - Industry Growth, Trends and Forecasts (2019 - 2024)

  • ID: 4745429
  • Report
  • 130 pages
  • Mordor Intelligence
until Dec 31st 2019
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  • AgroLiquid AD
  • Compo Expert GmbH
  • ICL Fertilizers
  • Kugler Company
  • Nutrien Ltd.
  • Plant Food Company Inc.
  • MORE
Market Overview

The global liquid fertilizers market was valued at USD 8,759.9 million in 2018, and is expected to register a CAGR of 3.4% during the forecast period (2019-2024). In 2018, Asia-Pacific was the largest geographical segment of the market studied and accounted for a share of around 38.4% of the overall market.

The rise in demand for high-efficiency fertilizers, ease in application, adoption of sustainable farming practices, and higher environmental safety are driving the global liquid fertilizers market. However, limited supplies, issues in logistics, high handling costs, and strict government regulations are limiting the potential growth of the market.

Scope of the Report

Liquid fertilizers are the latest and most technically advanced products that supply nutrients to crops. The need to improve food security has strongly influenced the demand for high-efficiency fertilizers in the world over the years. Along with market expansion, companies in the global liquid fertilizers market are not only competing based on product quality and promotion but are also focused on expanding their reach to new regions.

Key Market Trends

Easy Usage and Application Procedures

Despite the global shrinkage of arable land, there is an increasing demand for food around the world, which has led to an enormous increase in the application of high-efficiency fertilizers, including liquid fertilizers, in cultivation. The contribution of liquid fertilizers to the overall yield and food security is significant. So far, the highest adoption rate of liquid fertilizers is observed in the North American region. As per the International Fertilizer Industry Association (IFA), anhydrous ammonia garnered a larger share of 77% in liquid fertilizer application, followed by urea ammonium nitrate (UAN) solutions (18%). Liquid fertilizers, when compared with granular fertilizers, offer higher uniformity, in turn, providing the crops with an even consistent coating so that all plants receive the same nutrients regardless of location. Consequently, liquid fertilizers are projected to witness growth as one of the highly efficient fertilizers that can give cost-effective yields under varied agro-climatic conditions, unlike other types of fertilizers.

Asia-Pacific dominates the Global Market

Asia-Pacific is traditionally the largest market, representing a 38.4% share in the global market. Owing to factors, such as the rising concern over the current pattern of liquid fertilizer use, heavy reliance on nitrogenous liquid fertilizer, poor nutrition management, lack of complementary inputs, declining soil fertility, and weak marketing and distribution systems, there is a heightened need to improve liquid fertilizer's effectiveness in the region. Furthermore, these concerns have given way to liquid bio-fertilizer and liquid micronutrient fertilizer being developed in the region. In the Asia-Pacific region, China holds the largest share of 46.5%, while Australia is expected to witness the fastest growth.

Competitive Landscape

The global liquid fertilizers market is slightly fragmented, with various small and medium-sized companies coining smaller shares. Global market players, such as Yara International, Nutrien Ltd, and Haifa Chemicals are the leading market players in the segment, while smaller companies, such as Rural Liquid Fertilizers and Nutri-Tech Solutions also account for a formidable share in the market.
Note: Product cover images may vary from those shown
2 of 5


  • AgroLiquid AD
  • Compo Expert GmbH
  • ICL Fertilizers
  • Kugler Company
  • Nutrien Ltd.
  • Plant Food Company Inc.
  • MORE
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Demand for High-Efficiency Fertilizers
4.2.2 Easy Usage and Application Procedures
4.2.3 Adoption of Sustainable Agriculture Practices
4.2.4 Increasing Global Capacity Leading to Stable Prices
4.2.5 Need to Enhance Production Yield
4.3 Market Restraints
4.3.1 Supply Restrictions and Poor Logistics
4.3.2 Concerns Regarding Health and Environmental Safety
4.3.3 High Costs of Handling
4.3.4 Stringent Government Policies and Pricing Volatility
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition

5.1 Nutrient Type
5.1.1 Nitrogen
5.1.2 Potassium
5.1.3 Phosphate
5.1.4 Micronutrients
5.2 Ingredient Type
5.2.1 Crop-based Fertilizers Synthetic Organic
5.3 Mode of Application
5.3.1 Foliar Application
5.3.2 Aerial Applications
5.3.3 Starter Solutions
5.3.4 Fertigation
5.3.5 Injection into Soil
5.4 Application
5.4.1 Grains & Cereals
5.4.2 Pulses & Oilseeds
5.4.3 Fruits and Vegetables
5.4.4 Commercial Crops
5.4.5 Other Applications
5.5 Geography
5.5.1 North America United States Canada Mexico Rest of North America
5.5.2 Europe Germany UK France Spain Italy Rest of Europe
5.5.3 Asia Pacific China Japan India Australia Rest of Asia-Pacific
5.5.4 South America Brazil Argentina Rest of South America
5.5.5 Africa South Africa Rest of Africa

6.1 Most Adopted Strategies
6.2 Most Active Companies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Yara International ASA
6.4.2 Nutrien Ltd.
6.4.3 ICL Fertilizers
6.4.4 Haifa Chemicals Ltd
6.4.5 Plant Food Company Inc.
6.4.6 K+S Aktiengesellschaft
6.4.7 Compo Expert GmbH
6.4.8 Kugler Company
6.4.9 AgroLiquid AD
6.4.10 Nutri-Tech Solutions
6.4.11 Tessenderlo Group
6.4.12 Nutra Flow
6.4.13 Agrotiger
6.4.14 FoxFar Soil & Fertilizer Company

Note: Product cover images may vary from those shown
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4 of 5
  • Yara International ASA
  • Nutrien Ltd.
  • ICL Fertilizers
  • Haifa Chemicals Ltd
  • Plant Food Company Inc.
  • K+S Aktiengesellschaft
  • Compo Expert GmbH
  • Kugler Company
  • AgroLiquid AD
  • Nutri-Tech Solutions
  • Tessenderlo Group
  • Nutra Flow
  • Agrotiger
  • FoxFar Soil & Fertilizer Company
Note: Product cover images may vary from those shown
5 of 5