Global Water Soluble Fertilizers Market is Expected to Reach US $ 27.65 BN By Forecast year 2028

Global Water Soluble Fertilizers Market is Expected to Reach US $ 27.65 BN By Forecast year 2028
Water Soluble Fertilizers market Data And Industry Growth Analysis
Water Soluble Fertilizers Market size is expected to grow from US $ 15.27 BN in 2020 to US $ 27.65 BN by 2028, at a CAGR of 7.7%.

The market report “Water Soluble Fertilizers Market by Forms (Liquid and Dry), Grades (Nitrogen-Phosphorous-Potassium (NPK) 19:19:19, NPK 00:00:50, NPK 13:00:45, NPK 28:28:28, and NPK 18:18:18), Types (Micronutrients, Macronutrient Fertilizers, Bio Fertilizers, Bio Stimulants, and Secondary Nutrients), Products (Straights, NPK Blends, NPK Blends High Quality, and NPK Blends High Quality+), Modes of Application (Foliar, Fertigation, and Hydroponics/Drip Irrigation), Crop Types (Field Crops (Cereals), Horticultural Crops/Orchard Crops, Plantation Crops, Turf, Lawn & Ornamentals, and Greenhouse Crops) and Region – Forecast to 2028”. The water soluble fertilizers market is growing at a CAGR of 7.7% by 2028, owing to the rising food demand.

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Based on crop type, the horticultural crops/orchard crops segment is estimated to grow at highest CAGR segment during the study period.On the basis of crop type, the market is categorised into field crops (cereals), horticultural crops/orchard crops, plantation crops, turf, lawn & ornamentals, and greenhouse crops. Horticultural crops/orchard crops segment is estimated to be the fastest growing market segment strongly driven by the rising demand for fruits and vegetables as a result of the increasing awareness regarding the benefits of consuming them.

By geography, Europe is expected to dominate the market On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe is experiencing a dominant position in the water soluble fertilizers market. This is mainly attributed to the growing population in the region coupled with the rising awareness regarding fertilizers.

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The key players in this market are Israel Chemical Ltd (ICL), Coromandel International Ltd, Yara International Asa, Hebei Monband Water Soluble Fertilizer Co Ltd, Agrium Inc, K+S AKTiengesellschaft, The Mosaic Company, Sociedad Química Y Minera De Chile (SQM), Compo GmbH & Co. Kg, and Haifa Chemicals Ltd.

Latest published market study on Worldwide Water Soluble Fertilizers Market provides an overview of the current market dynamics in the Worldwide Water Soluble Fertilizers Market, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2028. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities.

The recent research publication on Worldwide Water Soluble Fertilizers market provides insights about evolution of the competitive environment, the lifecycle stage and opportunities. The survey with Worldwide Water Soluble Fertilizers Market investors & stakeholders in this sector, from APAC, EMEA and the Americas, reveals information such as large-scale projects with regulatory environments by country, Subsidies, tax incentives and direct investment. Along with this activity comes a stream of Worldwide Water Soluble Fertilizers Market M&A activity and growth, as producers strive to stay ahead of the curve.

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