액체 비료 시장 예측(-2030년) : 제품 유형, 작물 유형, 기능성, 화합물, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Liquid Fertilizers Market is accounted for $22.3 billion in 2024 and is expected to reach $35.1 billion by 2030 growing at a CAGR of 7.9% during the forecast period. Liquid fertilizers are concentrated nutrient solutions designed for easy application to plants via irrigation systems or foliar spraying. They typically contain essential elements like nitrogen, phosphorus, and potassium, along with micronutrients necessary for plant growth. These fertilizers are prized for their rapid absorption and immediate availability to plants, promoting quicker nutrient uptake compared to solid forms. Their versatility makes them popular in both commercial agriculture and home gardening, offering precise control over nutrient delivery and efficiency in boosting crop yields and plant health.

According to the UN, the world population is likely to exceed nine billion by 2050. 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.

Market Dynamics:

Driver:

Increasing agricultural demand

The increasing global agricultural demand is significantly driving the market. Factors such as population growth, changing dietary preferences, and the need for sustainable farming practices are prompting the adoption of liquid fertilizers, which offer rapid nutrient absorption and targeted application. Additionally, innovations in formulation and delivery methods are making these fertilizers more accessible, further fueling their popularity among both large-scale producers and smallholder farmers.

Restraint:

Lack of awareness

Lack of awareness about liquid fertilizers can severely impact agricultural productivity and sustainability. Farmers unaware of their benefits may miss opportunities for improved crop yields and efficient nutrient management. This ignorance often leads to over-reliance on traditional fertilizers, resulting in environmental harm and wasted resources. Ultimately, insufficient education on liquid fertilizers can hinder economic growth, limit food security, and perpetuate outdated practices within agricultural communities.

Opportunity:

Shift towards organic farming

The shift towards organic farming is influencing the market by increasing demand for natural and eco-friendly nutrient solutions. Farmers are increasingly seeking organic liquid fertilizers that enhance soil health and promote sustainable practices. This trend not only supports environmental conservation but also meets consumer preferences for organic produce. As awareness of the benefits of organic farming grows, liquid fertilizers derived from natural sources are becoming more popular, driving innovation and market growth.

Threat:

Environmental concerns

Environmental concerns regarding chemical runoff and soil degradation are negatively impacting the market. Increasing scrutiny from regulatory bodies and consumers has led to a decline in the acceptance of conventional liquid fertilizers, as their misuse can contaminate water sources and harm ecosystems. This heightened awareness may prompt farmers to seek alternative solutions, potentially disrupting established practices and leading to economic challenges for producers reliant on traditional liquid fertilizer sales.

Covid-19 Impact:

The COVID-19 pandemic significantly disrupted the market, causing supply chain challenges and delays in production and distribution. Lockdowns and labor shortages hindered manufacturing capabilities, while logistical issues affected transportation and availability of products. Additionally, fluctuating demand from the agricultural sector, driven by uncertainties in crop planting and harvest schedules further impacted sales. However, the crisis also highlighted the importance of resilient supply chains and prompted innovation in fertilizer formulations and delivery methods.

The potassium nitrate segment is projected to be the largest during the forecast period

The potassium nitrate segment is projected to account for the largest market share during the projection period prized for its dual role as a source of both potassium and nitrogen. Its high solubility makes it ideal for foliar applications and fertigation, promoting rapid nutrient uptake by plants. This versatility supports enhanced growth, flowering, and fruiting in various crops. As agricultural practices shift toward more efficient nutrient management, potassium nitrate's popularity is expected to rise, meeting the demands of modern farming.

The horticultural segment is expected to have the highest CAGR during the forecast period

The horticultural segment is expected to have the highest CAGR during the extrapolated period. Liquid fertilizers provide essential macronutrients and micronutrients that support optimal growth, flowering, and fruit development in various horticultural crops. Their ease of application and quick absorption make them ideal for greenhouse and outdoor cultivation. As demand for high-quality produce rises, horticulturalists increasingly rely on liquid fertilizers to improve crop performance and sustainability.

Region with largest share:

North America region is projected to account for the largest market share during the forecast period. Farmers are increasingly adopting liquid formulations for their rapid nutrient availability and ease of application, particularly in large-scale crop production. Environmental concerns and regulatory pressures are also pushing the market towards more sustainable solutions. As a result, innovation in liquid fertilizer products is fostering greater efficiency and effectiveness in nutrient management across the region.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period driven by increasing agricultural productivity demands. The adoption of modern farming techniques, such as precision farming and fertigation, is facilitating the use of liquid fertilizers. These methods allow for more precise nutrient delivery, leading to better absorption and crop performance. Additionally, investment initiatives by governments and private sectors in sustainable agricultural practices are promoting the development and use of liquid fertilizers.

Key players in the market

Some of the key players in Liquid Fertilizers market include BASF SE, Sierra Chemical Company, Haifa Group, Yara International ASA, K+S Aktiengesellschaft, Bonide Products, Inc., SABIC, ICL, AgroChem Solutions, Solvay S.A., EuroChem Group AG, Valagro SPA, AgroLiquid, The Scotts Miracle-Gro Company and IFFCO.

Key Developments:

In May 2024, AgroChem Solutions launches smart liquid fertilizer system, integrating soil sensors and GPS for precision application. Early trials show 20% reduction in fertilizer use with maintained yields.

In April 2024, Mahadhan Agritech Limited (MAL) announced a partnership with Haifa Group to enhance agricultural innovation in India. This collaboration aims to promote high-performing specialty fertilizers designed to improve crop quality and productivity across various agricultural sectors, particularly in regions utilizing drip irrigation systems.

Product Types Covered:

• Nitrogen Fertilizers
• Phosphate Fertilizers
• Potassium Fertilizers
• Micronutrients
• Other Product Types

Crop Types Covered:

• Cereals & Grains
• Fruits & Vegetables
• Pulses & Oilseeds
• Other Crop Types

Functionalities Covered:

• Plant Growth Promoters
• Soil Conditioners
• Nutrient Supplements

Compounds Covered:

• Calcium Ammonium Nitrate (CAN)
• Urea-Ammonium Nitrate (UAN)
• Potassium Nitrate
• Phosphorus Pentoxide (P2O5)

Applications Covered:

• Greenhouses
• Landscaping
• Sports Turf Management
• Soil Amendment
• Home Gardening
• Other Applications

End Users Covered:

• Agricultural
• Horticultural
• Hydroponics
• Fertigation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Liquid Fertilizers Market, By Product Type

• 5.1 Introduction
• 5.2 Nitrogen Fertilizers
• 5.3 Phosphate Fertilizers
• 5.4 Potassium Fertilizers
• 5.5 Micronutrients
• 5.6 Other Product Types

6 Global Liquid Fertilizers Market, By Crop Type

• 6.1 Introduction
• 6.2 Cereals & Grains
• 6.3 Fruits & Vegetables
• 6.4 Pulses & Oilseeds
• 6.5 Other Crop Types

7 Global Liquid Fertilizers Market, By Functionality

• 7.1 Introduction
• 7.2 Plant Growth Promoters
• 7.3 Soil Conditioners
• 7.4 Nutrient Supplements

8 Global Liquid Fertilizers Market, By Compound

• 8.1 Introduction
• 8.2 Calcium Ammonium Nitrate (CAN)
• 8.3 Urea-Ammonium Nitrate (UAN)
• 8.4 Potassium Nitrate
• 8.5 Phosphorus Pentoxide (P2O5)

9 Global Liquid Fertilizers Market, By Application

• 9.1 Introduction
• 9.2 Greenhouses
• 9.3 Landscaping
• 9.4 Sports Turf Management
• 9.5 Soil Amendment
• 9.6 Home Gardening
• 9.7 Other Applications

10 Global Liquid Fertilizers Market, By End User

• 10.1 Introduction
• 10.2 Agricultural
• 10.3 Horticultural
• 10.4 Hydroponics
• 10.5 Fertigation
• 10.6 Other End Users

11 Global Liquid Fertilizers Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 BASF SE
• 13.2 Sierra Chemical Company
• 13.3 Haifa Group
• 13.4 Yara International ASA
• 13.5 K+S Aktiengesellschaft
• 13.6 Bonide Products, Inc.
• 13.7 SABIC
• 13.8 ICL
• 13.9 AgroChem Solutions
• 13.10 Solvay S.A.
• 13.11 EuroChem Group AG
• 13.12 Valagro SPA
• 13.13 AgroLiquid
• 13.14 The Scotts Miracle-Gro Company
• 13.15 IFFCO