Liquid Fertilizers Market

Liquid Fertilizers Market Size by Production Process (Organic and Synthetic), Product (Nitrogen, Potassium, Phosphorous and Others), Application (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14048
  • Published Date: Jul, 2024
  • Pages: 237
  • Category: Agriculture
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global Liquid Fertilizers market was valued at USD 2.61 Billion in 2023 and growing at a CAGR of 4.51% from 2024 to 2033. The market is expected to reach USD 4.06 Billion by 2033. This growth is attributed to liquid fertilizers. It is considered the most effective way of delivering the needed nutrients to plants in the required concentration at the right time. This market is growing as there is demand to increase the crop yield to feed the expanding population. There is also a growing need for high-efficiency organic fertilizers, and farmers are looking to adopt sustainable practices. Moreover, liquid fertilizers also provide easy use and application. It provides better absorption of nutrients and is considered efficient compared to traditional solid fertilizers. Also, the growing demand for high-quality and nutrient-rich food products is one of the factors driving the liquid fertilizer market.

Market Introduction:

Fertilizers account for significant expenses in farming; hence, finding suitable and efficient fertilizers is crucial. Liquid fertilizers help plants get all the important nutrients. Many farmers use liquid fertilizers to get immediate and fast root growth in the season. Organic liquid fertilizers use naturally occurring materials like green waste and food water. These are non-hazardous to animals and humans. Moreover, it boosts the nutrient content of the soil, which eventually improves the soil quality, and hence, it eventually boosts the market's growth. Also, there is a growing demand for higher agricultural productivity and the requirement for efficient nutrient management. There is also a surge in the adoption of precision farming techniques. These liquid fertilizers provide advantages like easy application, decreased environmental impact, and better nutrient absorption. There is a surge in the population, resulting in growing food demand, eventually creating the demand for liquid fertilizers. The leading organizations are focusing on making organic liquid fertilizers and the growing use of advanced technologies such as biostimulants. Liquid fertilizer demand is growing due to the growing trend of organic farming worldwide to cater for the surge in the demand for organic food products. There are several applications of liquid fertilizers based on land size. Procedures like spraying and misting are used to cover areas. The hose sprayers and the backpacks are broadly used for smaller land areas. Liquid fertilizers offer advantages like easy handling, application and blending; they also easily seep into the soil and spread more uniformly. Hence, it provides the field with an even consistency based on coating to ensure the plant gets the same amount of nutrients regardless of location. These fertilizers prevent the loss of plant nutrients. All these factors are driving the liquid fertilizer market.

Liquid Fertilizers Market Size

Get an overview of this study by requesting a free sample

Recent Development
  • In June 2023: ICL, a speciality mineral organization, launched its new line of advanced foliar and fertigation solutions under its water-soluble fertilizer brand, Nova, in the North American region. It helps the organization in helping the farmers deliver important nutrients in a better way, and it also expands the organization’s growth. All these factors are helping the organization expand its market share in the Liquid Fertilizers market.
  • In June 2023: IFFCO signed an agreement to export its nano liquid urea to the US as it signed an agreement with Kapoor Enterprises Inc., a California-based organization, for its export. These factors help the organization gain market share.    
  • In July 2017: EuroChem Group AG acquired a stake in a family-owned liquid fertilizer organization called Hispalense de Liquidos in Spain. This acquisition gives the organization additional production capability and technical knowledge, which helps expand its premium product scope. These strategies help organizations grow in the market.

Market Dynamics:


The growing trend of precision farmingThe precision agriculture trend is evolving and expanding with technological advancements like sensors, autonomous vehicles, drones, data management, and analysis tools. Precision technologies are broadly being used by farmers worldwide to improve the efficiency, sustainability and productivity of operations. Adopting precision agriculture and modern farming decreases wastage and production costs. Also, it leads to the growing use of liquid fertilizers, which easily soak into the soil and spread more uniformly. Precision agriculture uses all the advanced tools like crop management software and technical equipment. All of these factors are eventually driving the liquid fertilizer market.


High Price – The high price of the liquid fertilizer is leading to a high cost of production for agriculture. Also, there is fluctuation in the price of raw materials, which is acting as a hindrance to market growth. Moreover, these liquid fertilizers do not last for long as they can be easily washed out with water, and they should be reapplied more than the granular fertilizers, which require more capital. All these factors are acting as restraints for the market.


The surge in the population– Based on one of the studies, the global population is estimated to reach around 9.7 billion by 2050, so food production must be double the present level to meet the requirements in the future. The growing use of precision agriculture, which uses advanced analytical capabilities and evolving IoT abilities such as drones, etc., will help increase farming production. Also, the surge in disposable income in the emerging economies has led to the growing demand for food. Based on one of the studies, the food demand is anticipated to increase by 59% to 98% by 2050. Hence, there is a requirement to increase the production of crops; this can be done by either increasing the volume of agricultural land or by improving the productivity of the existing agricultural land using proper fertilizers like liquid fertilizers and irrigation along with advanced farming techniques. All these factors will eventually drive the Liquid Fertilizers market in the forecasting period.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest market for the global Liquid Fertilizers market, with a 43.89 % share of the market revenue in 2023. This market share is attributed to the growing adoption of modern farming technology and broad agro-climatic zones in the region. There is a growing advancement of automated irrigation systems; hence, the demand for liquid fertilizers is growing in the region. There is more focus on soil productivity in the region, which fuels the growth of the liquid fertilizers market.

Asia Pacific Region Liquid Fertilizers Market Share in 2023 - 43.89%

Check the geographical analysis of this market by requesting a free sample

  • North America has the second-highest market share. This market share is attributed to the growing use of Urea, which is a liquid nitrogenous fertilizer, in the region. The demand for liquid fertilizer is growing in the region due to the growing demand for food grains and a surge in soil deficiency.
Production Process Segment Analysis

The production process segment is divided into organic and synthetic. The synthetic segment dominated the market, with a market share of around 92.33% in 2023. This high market share is attributed to its lower price than organic liquid fertilizers. Liquid fertilizers can be applied easily and start showing results quickly. These can be used more frequently than dry granules as the latter dissolves slowly and thus releases new nutrients in more time.  

Product Segment Analysis

The product segment is divided into nitrogen, potassium, phosphorous and others. The nitrogen segment dominated the market, with a market share of around 55.32% in 2023. This market share is attributed to the significant use of nitrogen in the agriculture sector to build amino acids, which improves the biochemical processes for supporting plant growth. Nitrogen fertilizers are also broadly used to overcome the shortage of nutrients in the soil. Liquid fertilizers are used to balance the pH of the soil based on the delivery of their chemicals.

Application Segment Analysis

The application segment is divided into fruits & vegetables, oilseeds & pulses, cereals & grains and others. The cereals & grains segment dominated the market, with a market share of around 40.05% in 2023. This market share is attributed to the growing consumption of liquid fertilizers for cereal and grain cultivation, especially in North American and Asian countries. In the cereal sector, these fertilizers are broadly used to enhance the production and quality of crops, which helps in the healthy growth of grains such as corn, wheat, and rice, among others.

Some of the Key Market Players:
  • Nutri-Tech Solutions Pty Ltd
  • FoxFarm Soil & Fertilizer Co
  • CSBP
  • ICL
  • Compo Expert
  • Nutrien Ltd.
  • BMS Micro-Nutrients NV
  • EuroChem Group
  • K+S Aktiengesellschaft
  • Yara International ASA
  • AgroLiquid

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 2.61 Billion
Market size value in 2033 USD 4.06 Billion
CAGR (2024 to 2033) 4.51%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Production Process, Product and Application

Frequesntly Asked Questions

Asia Pacific region emerged as the largest market for the Liquid Fertilizers.

The market's growth will be influenced by the growing trend of precision farming.

The surge in the population will provide huge opportunities to the market.

Key players are Nutri-Tech Solutions Pty Ltd, FoxFarm Soil & Fertilizer Co, CSBP, ICL, Compo Expert, Nutrien Ltd., BMS Micro-Nutrients NV, EuroChem Group, IFFCO, K+S Aktiengesellschaft, Yara International ASA and AgroLiquid among others.

Request Table of Content


This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global Liquid Fertilizers market based on below mentioned segments:

Global Liquid Fertilizers Market by Production Process:

  • Organic
  • Synthetic

Global Liquid Fertilizers Market by Product:

  • Nitrogen
  • Potassium
  • Phosphorous
  • Others

Global Liquid Fertilizers Market by Application:

  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Cereals & Grains
  • Others

Global Liquid Fertilizers by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:


Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights


Free Customization


Fortune 500 Clients


Free Yearly Update On Purchase Of Multi/Corporate License


Companies Served Till Date