The Global Water Soluble Fertilizers Market is projected to reach a value of over USD 20.8 billion by 2027 at a CAGR of around 4.8%.
Water soluble fertilizers are fertilizers that can be dissolved in water and added or leached out of the soil easily, its absorption and utilization are relatively high as compared to conventional chemical fertilizers. The technology behind the water soluble fertilizer is best suited for the modern irrigation system. Moreover, it also prevents groundwater contamination. It well suited for the advance irrigation technology, it saves water and fertilizer as well as saves labor costs. In addition to this, water-soluble fertilizer has fewer impurities, has low conductivity compared to chemical fertilizers and fertilizer concentration is easier to adjust. It is one of the safest chemical options for young seeding.
Market Driver:
The greenhouse vegetable industry is seeing market growth right now and is well-positioned for future growth as more health-conscious consumers call for clean and safe produce. Food safety now takes high priority as news of foodborne illness outbreaks linked to large field operations have reached consumers’ ears. Providing a safe supply of premium-quality vegetables on a regular basis only becomes more important to secure and sustain market growth as the greenhouse-produce industry moves forward. Moreover, besides supplying local markets, the production of greenhouse vegetables is greatly valued for its export potential and plays an important role in the foreign trade balance of several national economies. Greenhouse produce has emerged as a way to protect crops from adverse weather conditions that make way for perennial production and the application of an integrated crop production & protection management approach for better control over pests and diseases. Thus, the growth in greenhouse vegetable production is expected to drive the global water soluble fertilizers market during the assessment period.
Market Restraint:
The rising demand for natural-based food products, growth in overall pesticide and chemical-free agriculture industry due to increasing preference for natural based products is supporting to drive the organic fertilizer industry. developments in crop production and biological cultivation have further surged the demand for organic fertilizers. Moreover, the Growing consumer base for non-synthetic food, beverages, personal care and pharmaceutical products has enhanced the organic fertilizers demand. Thus, rising awareness about health & safety particularly in urban population supporting the organic fertilizers industry growth, which is likely to hamper the growth of the water-soluble fertilizers market.
The report on the Water Soluble Fertilizers market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) and Volume (Kiloton) |
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Segments Included |
Type, Application, Crop Type, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Water Soluble Fertilizers Market, by Type
Water Soluble Fertilizers Market, by Application
Water Soluble Fertilizers Market, by Crop Type
Water Soluble Fertilizers Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE WATER SOLUBLE FERTILIZERS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
