Liquid Fertilizers Market Predicted to Reach $13,530 Million by 2023

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GLOBAL LIQUID FERTILIZERS MARKET 
Liquid fertilizers exhibit an effective way of
delivering the essential nutrients to plants at
the specific time and in appropriate
concentration. These fertilizers are absorbed by
plants through their leaf pores and roots. Liquid
fertilizers have gained popularity in the recent
years, owing to increase in application, leading
to three to fourfold increase in crop production.
In addition, rise in hydroponic system field
areas and easy availability of fertilizers at
lower and subsidized rates encourages the farmers
to effectively use liquid fertilizer sprayers.
GLOBAL OPPORTUNITY AND FORECAST 2023
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LIQUID FERTILIZERS MARKET ANALYST REVIEW
Demand for liquid fertilizers is increasing as
development of precision farming methods, need
for high-efficiency organic fertilizers, and rise
in adoption of sustainable practices for the key
players in the global liquid fertilizers market.
Eswara Prasad Team Lead, Chemicals
Materials at AMR
 
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CURRENT AND FUTURE MARKET SCENARIO

• The global liquid fertilizers market was valued
  at 11,108 million in 2016.
• The global liquid fertilizers market is projected
  to reach 13,530 million by 2023.
• The global liquid fertilizers market  growing at
  a CAGR of 18.6 from 2017 to 2023. 
• In terms of value, the fertigation mode of
  application is anticipated to exhibit the highest
  growth rate of 2.9 during the analysis period.
• The potash type segment occupied nearly one-sixth
  of the total market in 2016.

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TOP IMPACTING FACTORS TO MARKET GROWTH

• Rapid rise in demand for high-efficiency
  fertilizers.
• Ease of use and application.
• Adoption of precision farming.
• Protection of crops, and related environmental
  concerns.
• Increase in need for agricultural output to
  cater to the global food requirements.

TOP INVESTMENT POCKETS Foliar application is
expected to grow at maximum CAGR as foliar
spraying results in rapid uptake of nutrients by
the soil. Moreover, foliar application of
micronutrients acts as an efficient way of
supplying micronutrients to the plant. In
addition, spraying of liquid fertilizer on
foliage results in increased nutrient absorption
through the leaves into the roots.
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LIQUID FERTILIZERS MARKET SEGMENTATION

• BY MODE OF APPLICATION
• Soil
• Foliar
• Fertigation
• Others (Aerial Starter Solutions)

• BY PRODUCTION PROCESS
• Organic
• Synthetic

• BY TYPE
• Nitrogen
• Phosphorous
• Potash
• Micronutrients

• BY CROP
• Cereals Grains
• Fruits Vegetables
• Oilseeds Pulses
• Others (Plantation Cash Crops)

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The potash type segment occupied nearly one-sixth
of the total market in 2016.
In terms of value, the fertigation mode of
application is anticipated to exhibit the highest
growth rate of 2.9 during the analysis period.
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GEOGRAPHICAL OVERVIEW

• Based on region, it is analyzed across North
  America, Europe, Asia-Pacific, and LAMEA.
• Asia-Pacific is anticipated to maintain its lead
  throughout 2023, and is projected to grow at a
  CAGR of 2.8, in terms of value.
• France occupied nearly one-fifth of the total
  Europe liquid fertilizers market in 2016.
• In terms of value, Japan is expected to grow at a
  CAGR of 3.2 from 2017 to 2023.

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DOMINATING MARKET PLAYERS PROFILED IN THE STUDY

• Agrium Inc.
• Yara International ASA
• Israel Chemical Ltd. (ICL)
• KS Aktiengesellschaft
• Kugler Company
• Haifa Chemicals Ltd.
• Agroliquid
• Plant Food Company Inc.
• Compo Expert GmbH and
• Rural Liquid Fertilizers.

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A Report Titled Liquid Fertilizers Market-
Opportunities And Forecasts, 2017 2023 has been
recently published by Allied Market Research. It
makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect
Financial Ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from Stakeholders Perspective. To
Know More About Liquid Fertilizers Market-
Opportunities and Forecasts 2017-2023 https//www.
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