Liquid Fertilizers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Liquid Fertilizers Market is segmented by Nutrient (Nitrogen, Potassium, Phosphate, and Micronutrients), Ingredient (Synthetic and Organic Fertilizers), Mode of Application (Foliar, Aerial, Start Solutions, Fertigation, and Injection into the Soil), Application (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Turf and Ornamental Crops, and Other Non-crop Based Applications), and Geography (North America, Asia-Pacific, Europe, South America, and Africa). The market sizing and forecast have been done on the basis of value (USD million) for all the above segments.

Market Snapshot

Liquid Fertilizers Market Summary
Study Period: 2017-2027
Base Year: 2021
Fastest Growing Market: Africa
Largest Market: Asia Pacific
CAGR: 3.4 %
Liquid Fertilizers Market Major Players

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Market Overview

The liquid fertilizers market is expected to register a CAGR of 3.4% during the forecast period (2022-2027).

The COVID-19 pandemic across the world had the most critical impact on the fertilizer sector, including liquid fertilizers, which affected the movement of both fertilizers and raw materials moving in, out, and across various countries. Due to the shortage of labor and the shutdown of fertilizer plants located in the integrated chemical complexes, shipments were affected in the initial lockdown process. Although the pandemic had affected the industry in the initial days, the impact on the liquid fertilizer Industry is expected to be short-term.

The liquid fertilizers market has been a strongly growing market, and the market is also expected to show steady growth over the long term. The rise in demand for high-efficiency fertilizers, ease in application, adoption of sustainable farming practices, and higher environmental safety are some of the factors driving the liquid fertilizers market. The demand for potassium liquid fertilizers is likely to increase in the coming years to enhance production due to the increasing demand for food across the world. Asia-Pacific was the largest segment of the market studied.

Scope of the Report

Liquid fertilizers are the latest and most technically advanced products that supply nutrients to crops. The need to improve food security has strongly influenced the demand for high-efficiency fertilizers in the world over the years. Along with the market expansion, companies in the liquid fertilizers market are not only competing based on product quality and promotion but are also focused on expanding their reach to new regions.

The liquid fertilizers market is segmented by nutrient (nitrogen, potassium, phosphate, and micronutrients), ingredient (synthetic and organic fertilizers), mode of application (foliar, aerial, start solutions, fertigation, and injection into the soil), application (grains and cereals, pulses and oilseeds, fruits and vegetables, turf and ornamental crops, and other non-crop based applications), and geography (North America, Asia-Pacific, Europe, South America, and Africa). The market sizing and forecast have been done on the basis of value (USD million) for all the above segments.

Nutrient Type
Ingredient Type
Crop-based Fertilizers
Mode of Application
Foliar Application
Aerial Applications
Starter Solutions
Injection into Soil
Grains and Cereals
Pulses and Oilseeds
Fruits and Vegetables
Commercial Crops
Other Applications
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa

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Key Market Trends

Easy Usage and Application Procedures

Despite the global shrinkage of arable land, there is an increasing demand for food around the world, which has led to an enormous increase in the application of high-efficiency fertilizers, including liquid fertilizers, in cultivation. The contribution of liquid fertilizers to the overall yield and food security is significant. So far, the highest adoption rate of liquid fertilizers has been observed in the North American region. As per the International Fertilizer Industry Association (IFA), anhydrous ammonia garnered a larger share of 77% in liquid fertilizer applications, followed by urea ammonium nitrate (UAN) solutions (18%). Liquid fertilizers, when compared to granular fertilizers, offer higher uniformity, providing the crops with a consistent coating so that all plants receive the same nutrients regardless of location. Consequently, liquid fertilizers are projected to witness growth as one of the highly efficient fertilizers that can give cost-effective yields under varied agro-climatic conditions, unlike other types of fertilizers.

Liquid Fertilizers Market : Consumption of High Efficiency Fertilizers, in metric ton, Global, 2020-2021

Asia-Pacific Dominates the Global Market

Asia-Pacific is traditionally the largest market, representing a 38.4% share of the global market. The increasing cost of traditional fertilizers and their adverse effects on the environment have led to an enormous increase in the application of high-efficiency fertilizers, including liquid potassium fertilizers, in cultivation. ​The increasing demand for food, high crop yield, and advancement in the automated irrigation system are the major factors driving the demand for liquid fertilizers in the Asia-Pacific region. In the region, China holds the largest share of 46.5%, while Australia is expected to witness the fastest growth in the coming years.

Liquid Fertilizers Market : Growth Rate by Region, By Geography, 2021

Competitive Landscape

The liquid fertilizers market is slightly fragmented, with various small and medium-sized companies coining smaller shares. Global market players, such as Yara International, Nutrien Ltd, K+S Aktiengesellschaft, and Haifa Chemicals are the leading market players in the segment, while smaller companies, such as Rural Liquid Fertilizers and Nutri-Tech Solutions, also account for a formidable share in the market.

Major Players

  1. Yara International ASA

  2. Nutrien Ltd.

  3. ICL Fertilizers

  4. Haifa Chemicals Ltd

  5. K+S Aktiengesellschaft

Liquid Fertilizers Market Concentration

Recent Developments

In March 2021, ICL acquired Compass Minerals America do Sul SA, which is a liquid fertilizer manufacturing company. ICL also acquired the South American Plant Nutrition business of Compass Minerals.

In January 2021, ICL acquired Fertilaqua. The company expects to leverage Fertilaqua's strong market presence and distribution capabilities to increase the sales of liquid fertilizers, controlled-released fertilizers, and other specialty plant nutrition products in the Brazilian market, one of the world's fastest-growing agriculture markets.​

In March 2020, Yara announced a partnership agreement with FB Sciences Inc., which will focus on developing and delivering innovative plant health solutions to growers across North America. In February 2017, Yara launched a liquid fertilizer plant in South Africa.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Nutrient Type

      1. 5.1.1 Nitrogen

      2. 5.1.2 Potassium

      3. 5.1.3 Phosphate

      4. 5.1.4 Micronutrients

    2. 5.2 Ingredient Type

      1. 5.2.1 Crop-based Fertilizers

        1. Synthetic

        2. Organic

    3. 5.3 Mode of Application

      1. 5.3.1 Foliar Application

      2. 5.3.2 Aerial Applications

      3. 5.3.3 Starter Solutions

      4. 5.3.4 Fertigation

      5. 5.3.5 Injection into Soil

    4. 5.4 Application

      1. 5.4.1 Grains and Cereals

      2. 5.4.2 Pulses and Oilseeds

      3. 5.4.3 Fruits and Vegetables

      4. 5.4.4 Commercial Crops

      5. 5.4.5 Other Applications

    5. 5.5 Geography

      1. 5.5.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.5.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Spain

        5. Italy

        6. Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.5.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.5.5 Africa

        1. South Africa

        2. Rest of Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Yara International ASA

      2. 6.3.2 Nutrien Ltd

      3. 6.3.3 ICL Fertilizers

      4. 6.3.4 Haifa Chemicals Ltd

      5. 6.3.5 Plant Food Company Inc.

      6. 6.3.6 K+S Aktiengesellschaft

      7. 6.3.7 Compo Expert GmbH

      8. 6.3.8 Kugler Company

      9. 6.3.9 AgroLiquid AD

      10. 6.3.10 Nutri-Tech Solutions

      11. 6.3.11 Tessenderlo Group

      12. 6.3.12 Nutra Flow

      13. 6.3.13 Agrotiger

      14. 6.3.14 FoxFar Soil & Fertilizer Company



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Frequently Asked Questions

The Liquid Fertilizers Market market is studied from 2017 - 2027.

The Liquid Fertilizers Market is growing at a CAGR of 3.4% over the next 5 years.

Africa is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

Yara International ASA, Nutrien Ltd., ICL Fertilizers, Haifa Chemicals Ltd, K+S Aktiengesellschaft are the major companies operating in Liquid Fertilizers Market.

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