The global Water Soluble Fertilizer Market size was USD 10 Billion in 2022 and is expected to reach USD 14.23 Billion in 2032, and register a rapid revenue CAGR of 4% during the forecast period.
Rising demand for high-value crop and knowledge about sustainable agricultural techniques and increasing need for increased crop productivity and yield are major factors driving market revenue growth.
In addition, rising demand for high-value crops such as fruits, vegetables, and flowers, which require certain nutrient combinations to ensure optimal development and output, is another key factor driving revenue growth of the market. Water soluble fertilizers have the advantage of providing nutrients and increasing crop output and quality. As a result, more farmers and producers are using water soluble fertilizers.
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Major Companies:
- Yara International ASA
- Israel Chemicals Ltd.
- The Mosaic Company
- Haifa Chemicals Ltd.
- SQM S.A.
- K+S AKTIENGESELLSCHAFT
- Nutrien Ltd.
- Compo GmbH & Co. KG
- Coromandel International Limited
- Hebei Monband Water Soluble Fertilizer Co. Ltd.
- EuroChem Group AG
Key questions addressed in the report:
- What is the expected market size of the global Water Soluble Fertilizer market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Water Soluble Fertilizer market?
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Water Soluble Fertilizer Market Segmentation:
By Type Outlook:
- Nitrogen
- Phosphorus
- Potassium
- Others
By Crop Type Outlook:
- Fruits & Vegetables
- Field Crops
- Horticulture Crops
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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