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Liquid Fertilizer Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71997
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The liquid fertilizer market share is expected to increase by USD 1.92 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.22%.

This liquid fertilizer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers liquid fertilizer market segmentation by type (nitrogen, phosphate, potassium, and micronutrients) and geography (APAC, North America, Europe, South America, and MEA). The liquid fertilizer market report also offers information on several market vendors, including AgroLiquid, Agrotiger Philippines Corp., COMPO EXPERT GmbH, EuroChem Group AG, FoxFarm Soil and Fertilizer Co., Israel Chemicals Ltd., K S AG, OCP SA, Sociedad Quimica y Minera de Chile SA, and Yara International ASA among others.

What will the Liquid Fertilizer Market Size be During the Forecast Period?

Liquid Fertilizer Market Size

Download the Free Report Sample to Unlock the Liquid Fertilizer Market Size for the Forecast Period and Other Important Statistics

 

Liquid Fertilizer Market: Key Drivers, Trends, and Challenges

The increasing demand for nitrogen-based fertilizers is notably driving the liquid fertilizer market growth, although factors such as stringent regulations on the handling, storage, and transportation of liquid fertilizers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the liquid fertilizer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Liquid Fertilizer Market Driver

  • One of the key factors driving the global liquid fertilizer market growth is the increasing demand for nitrogen-based fertilizer.
  • The air contains about 78% of nitrogen, however, atmospheric nitrogen is not readily available to plants.
  • The demand for nitrogen-based fertilizer is high when compared with other fertilizers such as potassium.
  • The increasing agricultural activities across the globe will drive the use of nitrogen-based liquid fertilizers during the forecast period. For instance;
    • In 2020-2021, the share of agriculture in India's GDP reached almost 20% for the first time since 2004. This was an increase from 17.8 % in 2019-2020.
  • The last time the contribution of the agriculture sector in GDP was at 20% in 2003-04.
  • The growth in agricultural activities will also drive the demand for nitrogenous fertilizer, which, in turn, will boost the growth of the global liquid fertilizer market during the forecast period.

Key Liquid Fertilizer Market Trend

  • Another key factor driving the global liquid fertilizer market growth is the increasing demand for high-efficiency fertilizers owing to the rapidly growing population.
  • The world population is estimated to reach 9.7 billion in 2050. As a result, there is a need for advanced agricultural facilities such as liquid fertilizer to maximize the yield.
    • Prominent vendors such as Yara and K+S are focusing on technological developments to get more feedstocks for meeting the demand from the growing population and to adopt more efficient, eco-friendly, and sustainable production methods for fertilizers.
  • Increasing soil efficiency to produce high-quality yields is propelling the demand for micronutrients in the global agriculture market.
  • The production of vegetables and fruits is becoming more intensive, resulting in a mounting demand for high-efficiency fertilizer.
  • Other factors such as government subsidy on fertilizers will further support the growth of the market in focus during the forecast period.

Key Liquid Fertilizer Market Challenge

  • One of the key challenges to the global liquid fertilizer market growth is the stringent regulations on the handling, storage, and transportation of liquid fertilizers.
  • The contaminated or spilled fertilizer, if not treated properly, can create serious health and environmental issues.
  • The decompositions during transportation and storage led to the release of toxic gases and hazardous situations. For instance;
    • Ammonium nitrate poses a major challenge to the environment, as it is a high-volume chemical that is used in explosives industries.
    • Major regulatory authorities such as the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) have set regulations about the handling, storage, and transportation of solid ammonium nitrate, which need to be followed by the manufacturers and suppliers.
  • The presence of such stringent regulations and policies is a challenge for the consumption of liquid fertilizer in the global market.

This liquid fertilizer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global liquid fertilizer market as a part of the global fertilizers and agricultural chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the liquid fertilizer market during the forecast period.

Who are the Major Liquid Fertilizer Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • AgroLiquid
  • Agrotiger Philippines Corp.
  • COMPO EXPERT GmbH
  • EuroChem Group AG
  • FoxFarm Soil and Fertilizer Co.
  • Israel Chemicals Ltd.
  • K S AG
  • OCP SA
  • Sociedad Quimica y Minera de Chile SA
  • Yara International ASA

 

This statistical study of the liquid fertilizer market encompasses successful business strategies deployed by the key vendors. The liquid fertilizer market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market.

Product Insights and News

  • Israel Chemicals Ltd. - The company offers liquid fertilizer product brands such as Agrolution, Solinure, NovaNPK, Novacid, and Fertiflow.
  • FoxFarm Soil and Fertilizer Co. - The company offers liquid fertilizer products such as Big Bloom Liquid Plant Food, Grow Big Liquid Plant Food, and Tiger Bloom Liquid Plant Food.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The liquid fertilizer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Liquid Fertilizer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the liquid fertilizer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global fertilizers and agricultural chemicals market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Liquid Fertilizer Market?

Liquid Fertilizer Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

49% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for liquid fertilizer in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in prevalence for a high protein-based diet in highly-populated countries such as China and India will facilitate the liquid fertilizer market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In Q1 2020, vendors in the liquid fertilizer market in APAC witnessed the negative impact of the COVID-19 pandemic on their business operations. Manufacturers faced supply chain disruptions due to workforce and raw materials shortages. Market vendors' production and distribution activities were adversely impacted by the shutting down of factories and warehouses as per the government guidelines. For instance, in 2020, the lockdown in Hubei, a region that generates more than one-quarter of China's diammonium phosphate capacity, caused severe supply chain disruptions due to labor shortages. In H2 2020, the demand for liquid fertilizers in the region normalized as factories reopened, which led to the resumption of the production and distribution of liquid fertilizers. Therefore, the liquid fertilizers market in APAC will continue to grow during the forecast period.

What are the Revenue-generating Type Segments in the Liquid Fertilizer Market?

Liquid Fertilizer Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The liquid fertilizer market share growth by the nitrogen segment will be significant during the forecast period. The demand for liquid nitrogen fertilizer is increasing globally, owing to the need for high crop yields and to produce crops such as oilseeds, grains, and cereals. Furthermore, the presence of organic materials and ammonia and calcium content enhances the utilization grade of nitrogen, resulting in irrigated cultivation of plants and improved cereal production, which will further support the growth of the segment in focus during the same period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the liquid fertilizer market size and actionable market insights on post COVID-19 impact on each segment.

 

Liquid Fertilizer Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.22%

Market growth 2021-2025

$ 1.92 billion

Market structure

Fragmented

YoY growth (%)

2.90

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 49%

Key consumer countries

China, US, India, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AgroLiquid, Agrotiger Philippines Corp., COMPO EXPERT GmbH, EuroChem Group AG, FoxFarm Soil and Fertilizer Co., Israel Chemicals Ltd., K S AG, OCP SA, Sociedad Quimica y Minera de Chile SA, and Yara International ASA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Liquid Fertilizer Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive liquid fertilizer market growth during the next five years
  • Precise estimation of the liquid fertilizer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the liquid fertilizer industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of liquid fertilizer market vendors

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1. Executive Summary                         

               1.1 Market Overview 

                              Exhibit 01:  Key Finding 1

                              Exhibit 02:  Key Finding 2

                              Exhibit 03:  Key Finding 3

                              Exhibit 04:  Key Finding 5

                              Exhibit 05:  Key Finding 6

                              Exhibit 06:  Key Finding 7

                              Exhibit 07:  Key Finding 8

2. Market Landscape                            

               2.1 Market ecosystem             

                              2.1.1 Parent Market

                              Exhibit 08:  Parent market

                              Exhibit 09:  Market characteristics

               2.2 Value chain analysis           

                              Exhibit 10: Value chain analysis:Commodity Chemicals

                              2.2.1 Inputs

                              2.2.2 Inbound logistics

                              2.2.3 Operations

                              2.2.4 Outbound logistics

                              2.2.5 Marketing and sales

                              2.2.6 Innovation

3. Market Sizing                      

               3.1 Market segment analysis  

                              Exhibit 11:  Market segments

               3.2 Market size 2020 

               3.3 Market definition

                              Exhibit 12:  Offerings of vendors included in the market definition

               3.4 Market outlook: Forecast for 2020 - 2025 

                              3.4.1 Estimating growth rates for emerging and high-growth markets

                              3.4.2 Estimating growth rates for mature markets

                              Exhibit 13:  Global - Market size and forecast 2020 - 2025 ($ million)

                              Exhibit 14:  Global market: Year-over-year growth 2020 - 2025 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 15:  Five forces analysis 2020 & 2025

               4.2 Bargaining power of buyers            

                              Exhibit 16: Bargaining power of buyers

               4.3 Bargaining power of suppliers        

                              Exhibit 17: Bargaining power of suppliers

               4.4 Threat of new entrants     

                              Exhibit 18: Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 19: Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 20: Threat of rivalry

               4.7 Market condition 

                              Exhibit 21:  Market condition - Five forces 2020

5.Market Segmentation by Type                     

               5.1 Market segments

                              Exhibit 22:  Type - Market share 2021-2026 (%)

               5.2 Comparison by Type          

                              Exhibit 23:  Comparison by Type

               5.3 Nitrogen - Market size and forecast 2020-2025      

                              Exhibit 24:  Nitrogen - Market size and forecast 2020-2025 ($ million)

                              Exhibit 25:  Nitrogen - Year-over-year growth 2020-2025 (%)

               5.4 Phosphate - Market size and forecast 2020-2025   

                              Exhibit 26:  Phosphate - Market size and forecast 2020-2025 ($ million)

                              Exhibit 27:  Phosphate - Year-over-year growth 2020-2025 (%)

               5.5 Potassium - Market size and forecast 2020-2025   

                              Exhibit 28:  Potassium - Market size and forecast 2020-2025 ($ million)

                              Exhibit 29:  Potassium - Year-over-year growth 2020-2025 (%)

               5.6 Micronutrients - Market size and forecast 2020-2025          

                              Exhibit 30:  Micronutrients - Market size and forecast 2020-2025 ($ million)

                              Exhibit 31:  Micronutrients - Year-over-year growth 2020-2025 (%)

               5.7 Market opportunity by Type          

                              Exhibit 32:  Market opportunity by Type

6. Customer landscape                        

               6.1 Overview

                              Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                              Exhibit 33: ?Customer landscape?

7. Geographic Landscape                    

               7.1 Geographic segmentation

                              Exhibit 34:  Market share by geography 20210-2025 (%)

               7.2 Geographic comparison    

                              Exhibit 35: Geographic comparison

               7.3 APAC - Market size and forecast 2020-2025             

                              Exhibit 36:   APAC - Market size and forecast 2020-2025 ($ million)

                              Exhibit 37:  APAC - Year-over-year growth 2020-2025 (%)

               7.4 North America - Market size and forecast 2020-2025          

                              Exhibit 38:  North America - Market size and forecast 2020-2025 ($ million)

                              Exhibit 39:  North America - Year-over-year growth 2020-2025 (%)

               7.5 Europe - Market size and forecast 2020-2025         

                              Exhibit 40:   Europe - Market size and forecast 2020-2025 ($ million)

                              Exhibit 41:  Europe - Year-over-year growth 2020-2025 (%)

               7.6 South America - Market size and forecast 2020-2025          

                              Exhibit 42:   South America - Market size and forecast 2020-2025 ($ million)

                              Exhibit 43:  South America - Year-over-year growth 2020-2025 (%)

               7.7 MEA - Market size and forecast 2020-2025              

                              Exhibit 44:   MEA - Market size and forecast 2020-2025 ($ million)

                              Exhibit 45:  MEA - Year-over-year growth 2020-2025 (%)

               7.8 Key leading countries        

                              Exhibit 46:  Key leading countries

               7.9 Market opportunity by geography

                              Exhibit 47: Market opportunity by geography

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1 Increasing demand for nitrogen-based fertilizers

                              8.1.2 Ease of application

                              8.1.3 Increasing demand from emerging countries

               8.2 Market challenges              

                              8.2.1 Stringent regulations on the handling, storage, and transportation of liquid fertilizers

                              8.2.2 Health hazards caused due to liquid fertilizers

                              8.2.3 Limited availability of raw material and high pricing of liquid fertilizers

                              Exhibit 48:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1 Increasing demand for high-efficiency fertilizers

                              8.3.2 Growing awareness of organic fertilizers

                              8.3.3 Growing market for fruits and vegetables

9. Vendor Landscape                            

               9.1 Overview

                              Exhibit 49: Vendor landscape

                              The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

               9.2 Landscape disruption         

                              Exhibit 50: ?Landscape disruption?

                              Exhibit 51: Industry risks

               9.3 Competitive Scenario        

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 52: Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 53: ?Market positioning of vendors?

               10.3 AgroLiquid           

                              Exhibit 54:  AgroLiquid - Overview

                              Exhibit 55:  AgroLiquid - Product and service

                              Exhibit 56:  AgroLiquid - Key offerings

               10.4 Agrotiger Philippines Corp.          

                              Exhibit 57:  Agrotiger Philippines Corp.  - Overview

                              Exhibit 58:  Agrotiger Philippines Corp.  - Product and service

                              Exhibit 59:  Agrotiger Philippines Corp.  - Key offerings

               10.5 COMPO EXPERT GmbH   

                              Exhibit 60:  COMPO EXPERT GmbH - Overview

                              Exhibit 61:  COMPO EXPERT GmbH - Product and service

                              Exhibit 62:  COMPO EXPERT GmbH - Key news

                              Exhibit 63:  COMPO EXPERT GmbH - Key offerings

               10.6 EuroChem Group AG       

                              Exhibit 64:  EuroChem Group AG - Overview

                              Exhibit 65:  EuroChem Group AG - Product and service

                              Exhibit 66:  EuroChem Group AG - Key offerings

               10.7 FoxFarm Soil and Fertilizer Co.    

                              Exhibit 67:  FoxFarm Soil and Fertilizer Co.  - Overview

                              Exhibit 68:  FoxFarm Soil and Fertilizer Co.  - Product and service

                              Exhibit 69:  FoxFarm Soil and Fertilizer Co.  - Key offerings

               10.8 Israel Chemicals Ltd.       

                              Exhibit 70:  Israel Chemicals Ltd. - Overview

                              Exhibit 71:  Israel Chemicals Ltd. - Business segments

                              Exhibit 72:  Israel Chemicals Ltd. - Key news

                              Exhibit 73:  Israel Chemicals Ltd. - Key offerings

                              Exhibit 74:  Israel Chemicals Ltd. - Segment focus

               10.9 K S AG   

                              Exhibit 75:  K S AG  - Overview

                              Exhibit 76:  K S AG  - Business segments

                              Exhibit 77:  K S AG  - Key offerings

                              Exhibit 78:  K S AG  - Segment focus

               10.10 OCP SA

                              Exhibit 79:  OCP SA - Overview

                              Exhibit 80:  OCP SA - Business segments

                              Exhibit 81:  OCP SA - Key news

                              Exhibit 82:  OCP SA - Key offerings

                              Exhibit 83:  OCP SA - Segment focus

               10.11 Sociedad Quimica y Minera de Chile SA

                              Exhibit 84:  Sociedad Quimica y Minera de Chile SA - Overview

                              Exhibit 85:  Sociedad Quimica y Minera de Chile SA - Business segments

                              Exhibit 86:  Sociedad Quimica y Minera de Chile SA - Key offerings

                              Exhibit 87:  Sociedad Quimica y Minera de Chile SA - Segment focus

               10.12 Yara International ASA 

                              Exhibit 88:  Yara International ASA - Overview

                              Exhibit 89:  Yara International ASA - Business segments

                              Exhibit 90:  Yara International ASA - Key offerings

                              Exhibit 91:  Yara International ASA - Segment focus

11. Appendix                           

               11.1 Scope of the report         

                              11.1.1 ????Market definition

                              11.1.2 ????Objectives

                              11.1.3 Notes and Caveats

               11.2 Currency conversion rates for US$            

                              Exhibit 92: ?Currency conversion rates for US$?

               11.3 Research Methodology   

                              Exhibit 93: ?Research Methodology

                              Exhibit 94: ??Validation techniques employed for market sizing?

                              Exhibit 95: ??Information sources

               11.4 List of abbreviations        

                              Exhibit 96: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Liquid Fertilizer Market market growth will increase by $1.92 bn during 2021-2025.
The liquid fertilizer market market is expected to grow at a CAGR of 3.22% during 2021-2025.
Technavio has segmented the liquid fertilizer market market by type (Nitrogen, Phosphate, Potassium, and Micronutrients) and geography (APAC, North America, Europe, South America, and MEA).
AgroLiquid, Agrotiger Philippines Corp., COMPO EXPERT GmbH, EuroChem Group AG, FoxFarm Soil and Fertilizer Co., Israel Chemicals Ltd., K S AG, OCP SA, Sociedad Quimica y Minera de Chile SA, Yara International ASA are a few of the key vendors in the liquid fertilizer market market.
APAC will register the highest growth rate of 49% among the other regions. Therefore, the liquid fertilizer market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the liquid fertilizer market market growth are:
  • Increasing demand for nitrogen-based fertilizers
The liquid fertilizer market market vendors should focus on grabbing business opportunities from the nitrogen segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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