세계의 수용성 비료 시장 예측(-2032년) : 비료 유형별, 작물 유형별, 형태별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Water Soluble Fertilizers Market is accounted for $21.5 billion in 2025 and is expected to reach $38.1 billion by 2032 growing at a CAGR of 8.5% during the forecast period. Water Soluble Fertilizers (WSFs) are nutrient-rich formulations designed to dissolve completely in water, enabling efficient delivery of essential elements like nitrogen, phosphorus, potassium, and micronutrients to plants. Unlike traditional granular fertilizers, WSFs are applied through irrigation systems (fertigation) or foliar sprays, ensuring rapid absorption by crops. They offer precise nutrient control, reduce waste, and improve crop yield and quality, particularly in controlled environments like hydroponics, greenhouses, or precision agriculture. Ideal for high-value crops, WSFs minimize soil salinity risks and allow tailored feeding schedules.

According to the World Bank, fertilizer prices have risen since 2022 due to rising input costs, supply disruptions, and export restrictions in China. The Ukrainian conflict has increased concerns about fertilizer affordability.

Market Dynamics:

Driver:

Rising demand for high-efficiency farming

The rising demand for high-efficiency farming practices is significantly boosting the adoption of water-soluble fertilizers. With increasing pressure to enhance crop yields on limited arable land, farmers are shifting towards precision agriculture, where WSFs play a crucial role. Moreover, WSFs are becoming essential in greenhouse farming and drip irrigation systems, promoting higher input efficiency. As global food demand rises, farmers are seeking advanced solutions to improve both quantity and quality of produce. This is driving investments in innovative WSF products by leading agritech companies.

Restraint:

Inadequate irrigation systems hinder fertigation

The lack of efficient irrigation infrastructure, especially in developing and underdeveloped regions, is hindering the widespread application of water-soluble fertilizers. Since WSFs require controlled and uniform water supply systems for effective nutrient distribution, areas with inconsistent or inadequate irrigation face challenges in adoption. water management practices further affect the uniformity of fertilizer application, leading to uneven crop development. In some cases, technical know-how is also a limiting factor, as users may lack training in optimized fertigation. This ultimately restricts the market penetration of WSFs in less developed areas.

Opportunity:

Development of fortified WSFs with micronutrients

There is growing potential in the development of fortified WSFs enriched with essential micronutrients to address nutrient deficiencies in soil. As the agricultural industry becomes more research-driven, manufacturers are innovating customized formulations to target specific crop needs. Additionally, regulatory support for sustainable farming practices is encouraging the use of environmentally friendly and balanced fertilizers. Emerging markets, particularly in Asia and Africa, are witnessing rising demand for such advanced products. Companies that can offer crop-specific, micronutrient-rich WSFs are likely to capitalize on this growth trend.

Threat:

Fluctuations in potassium, phosphate, and urea costs

Volatility in the global prices of key raw materials like potassium, phosphate, and urea poses a significant threat to the stability of the WSF market. These raw materials are highly dependent on geopolitical dynamics and trade policies, making the supply chain vulnerable to disruptions. Unstable pricing can hinder the planning and budgeting for large-scale agricultural operations. Some farmers may revert to traditional fertilizers as a cost-saving measure in times of price surges. This uncertainty presents a challenge for manufacturers in maintaining consistent pricing and profit margins.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted the supply chains for raw materials and finished WSF products due to lockdowns and restricted transport. Farmers and agribusinesses began emphasizing food security and sustainability, increasing the long-term demand for efficient fertilizers. Governments also introduced subsidies and support schemes to maintain food production during the crisis. Overall, while short-term disruptions occurred, the pandemic reinforced the importance of smart agriculture and boosted future growth prospects for the WSF market.

The calcium nitrate segment is expected to be the largest during the forecast period

The calcium nitrate segment is expected to account for the largest market share during the forecast period because of its wide application in high-value crops and its ability to supply both calcium and nitrogen in a readily absorbable form. Its solubility and compatibility with fertigation systems make it a popular choice in precision farming. The segment's growth is further supported by increasing greenhouse cultivation, especially in developed markets. As the focus on plant nutrition intensifies, calcium nitrate is likely to retain its leadership in the WSF category.

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

Over the forecast period, the horticulture segment is predicted to witness the highest growth rate fuelling the rapid expansion of the horticulture segment. These crops require precise nutrient management, which water-soluble fertilizers provide efficiently. Controlled environment agriculture (CEA), including hydroponics and vertical farming, is gaining traction, particularly in urban areas. These systems heavily rely on WSFs for optimal yield. Moreover, export-oriented horticulture industries in developing countries are investing in high-quality inputs to meet international standards.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share supported by the presence of major agricultural economies like China, India, and Indonesia with large farming populations. Governments are actively promoting fertigation and the use of advanced fertilizers through subsidies and awareness programs. Additionally, the growing demand for food in densely populated countries is pressuring farmers to adopt high-performance inputs. The region also benefits from a growing number of WSF manufacturers and competitive pricing.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR fuelled by the rapid adoption of smart farming techniques, including drip irrigation and precision fertilization. Farmers in the U.S. and Canada are increasingly investing in nutrient-efficient products to maximize productivity and minimize environmental impact. The rising awareness about soil health and the environmental advantages of water-soluble solutions support their increasing usage. Government initiatives aimed at promoting sustainable farming practices are also contributing to regional market growth.

Key players in the market

Some of the key players in Water Soluble Fertilizers Market include Coromandel International Ltd., DCM Shriram Ltd., Indian Farmers Fertiliser Cooperative Ltd. (IFFCO), Nagarjuna Fertilizers and Chemicals Ltd., Gujarat State Fertilizers & Chemicals Ltd., Captain Polyplast Ltd., Haifa Negev Technologies Ltd., Yara Fertilisers India Private Limited, Hindchem Corporation, Nutrien Ltd., Israel Chemical Ltd., EuroChem Group, Coromandel International Ltd., Mangalore Chemicals & Fertilizers Ltd and Incitec Pivot Ltd.

Key Developments:

In March 2025, Yara Fertilisers India Private Limited launched the YaraVita OPTITRAC, a water-soluble micronutrient blend designed to enhance crop resilience in high-yield farming systems.

In February 2025, Nutrien Ltd, introduced the NutriSync Pro, a water-soluble fertilizer with tailored nitrogen ratios for precision agriculture applications.

Fertilizer Types Covered:

• Calcium Nitrate
• NPK
• Potassium Nitrate
• Potassium Sulphate
• Other Fertilizer Types

Crop Types Covered:

• Horticulture
• Ornamental
• Field Crop
• Other Crop Types

Forms Covered:

• Dry
• Liquid
• Other Forms

Applications Covered:

• Fertigation
• Soil
• Other Applications

End Users Covered:

• Farmers/Agriculturists
• Commercial Growers
• Research Institutions
• 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 2024, 2025, 2026, 2028, and 2032
• 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
• 3.7 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 Water Soluble Fertilizers Market, By Fertilizer Type

• 5.1 Introduction
• 5.2 Calcium Nitrate
• 5.3 NPK
• 5.4 Potassium Nitrate
• 5.5 Potassium Sulphate
• 5.6 Others Fertilizer Types

6 Global Water Soluble Fertilizers Market, By Crop Type

• 6.1 Introduction
• 6.2 Horticulture
• 6.3 Ornamental
• 6.4 Field Crop
• 6.5 Other Crop Types

7 Global Water Soluble Fertilizers Market, By Form

• 7.1 Introduction
• 7.2 Dry
• 7.3 Liquid
• 7.4 Other Forms

8 Global Water Soluble Fertilizers Market, By Application

• 8.1 Introduction
• 8.2 Fertigation
• 8.3 Foliar Spray
• 8.4 Other Applications

9 Global Water Soluble Fertilizers Market, By End User

• 9.1 Introduction
• 9.2 Farmers/Agriculturists
• 9.3 Commercial Growers
• 9.4 Research Institutions
• 9.5 Other End Users

10 Global Water Soluble Fertilizers Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Coromandel International Ltd.
• 12.2 DCM Shriram Ltd.
• 12.3 Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)
• 12.4 Nagarjuna Fertilizers and Chemicals Ltd.
• 12.5 Gujarat State Fertilizers & Chemicals Ltd.
• 12.6 Captain Polyplast Ltd.
• 12.7 Haifa Negev technologies Ltd.
• 12.8 Yara Fertilisers India Private Limited
• 12.9 Hindchem corporation
• 12.10 Nutrien Ltd
• 12.11 Israel Chemical Ltd
• 12.12 EuroChem Group
• 12.13 Coromandel International Ltd
• 12.14 Mangalore Chemicals & Fertilizers Ltd
• 12.15 Incitec Pivot Ltd