Global Liquid Fertilizers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Nitrogen, Phosphorus, Potassium, and MicronutrientsBy Major Compound;
Calcium Ammonium Nitrate (CAN), Urea-Ammonium Nitrate (UAN), Potassium Nitrate, Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), and OthersBy Crop Type;
Macro Indicators, Cereals & Grains - Corn, Wheat, Rice, and Others, Oilseeds & Pulses - Soybean and Others, Fruits & Vegetables, and OthersBy Mode of Application;
Soil, Foliar, Fertigation, Agricultural Field, Hydroponics, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Liquid Fertilizers Market Overview
Liquid Fertilizers Market (USD Million)
Liquid Fertilizers Market was valued at USD 15,488.75 million in the year 2024. The size of this market is expected to increase to USD 20,109.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.
Global Liquid Fertilizers Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 3.8 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 3.8 % |
Market Size (2024) | USD 15,488.75 Million |
Market Size (2031) | USD 20,109.34 Million |
Market Concentration | High |
Report Pages | 368 |
Major Players
- Nutrien Ltd
- Yara International ASA
- Israel Chemical Ltd
- K+S Aktiengesellschaft
- Sociedad Qummica Y Minera De Chile (SQM)
- The Mosaic Company, Eurochem Group
- CF Industries Holdings, Inc.
- OCP Group
- OCI Nitrogen
- Wilbur-Ellis Company
- Compass Minerals
- Kugler
- Haifa Group
- Compo Expert GmbH
- Agroliquid
- Plant Food Company, Inc
- Foxfarm Soil & Fertilizer Company
- Agro Bio Chemicals
- Agzon Agro
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Liquid Fertilizers Market
Fragmented - Highly competitive market without dominant players
The liquid fertilizers market is experiencing steady growth as farmers increasingly turn to more efficient nutrient delivery systems. Liquid formulations enable quicker nutrient uptake, supporting healthier crops and improved yields. As a result, more than 55% of precision farming operations now integrate liquid fertilizers to ensure uniform nutrient distribution.
Boost in Crop Output and Soil Vitality
Liquid fertilizers contribute significantly to higher crop output and better soil health by delivering essential nutrients in a controlled manner. Their ease of mixing and direct application makes them ideal for various farming systems. Surveys reveal that about 48% of farmers cultivating row crops favor liquid fertilizers over dry ones for their consistency and improved yield outcomes.
Shift Toward Environmentally Friendly Farming
Sustainability is becoming a major focus in agriculture, with a rising number of producers adopting eco-friendly practices. Liquid fertilizers align well with these goals, as over 42% of farmers now prefer them for their lower environmental impact and compatibility with organic and foliar feeding methods. This trend reflects a broader movement toward climate-conscious crop management.
Supportive Regulations and Financial Incentives
Government initiatives and cost-saving strategies are accelerating the adoption of liquid nutrient products. Currently, over 38% of agricultural aid programs favor technologies that improve fertilizer efficiency. This supportive environment is making liquid fertilizers more accessible, reinforcing their role in meeting the growing demand for sustainable and productive farming methods.
Liquid Fertilizers Market Recent Developments
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In May 2020, liquid fertilizers with chelated micronutrient formulations were launched, improving nutrient absorption rates in diverse cropping systems.
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In January 2024, eco-friendly liquid fertilizers compatible with foliar and drip applications supported sustainable farming practices.
Liquid Fertilizers Market Segment Analysis
In this report, the Liquid Fertilizers Market has been segmented by Type, Major Compound, Crop Type, Mode of Application, and Geography.
Liquid Fertilizers Market, Segmentation by Type
The Liquid Fertilizers Market has been segmented by Type into Nitrogen, Phosphorus, Potassium, and Micronutrients.
Nitrogen
Nitrogen-based liquid fertilizers lead the market with a share of around 45%, owing to their ability to enhance leafy growth and accelerate plant development. Commonly used in crops like corn, wheat, and leafy greens, nitrogen fertilizers offer rapid nutrient uptake, making them ideal for high-yield farming systems.
Phosphorus
Phosphorus liquid fertilizers contribute nearly 20% to the market and are vital for root establishment, flowering, and fruit formation. These are heavily used in row crops and horticultural applications, particularly during early stages of plant growth for optimal development.
Potassium
Potassium fertilizers hold about 18% of the market and are known for enhancing drought resistance, disease tolerance, and crop strength. They play a critical role in fruit-bearing plants and vegetables, improving both yield and crop quality under stressful conditions.
Micronutrients
Micronutrient liquid fertilizers represent approximately 17% of the market. Containing vital elements like zinc, iron, and boron, these formulations correct trace nutrient deficiencies and support balanced crop nutrition. They are increasingly used in precision farming to enhance productivity on a micro-scale.
Liquid Fertilizers Market, Segmentation by Major Compound
The Liquid Fertilizers Market has been segmented by Major Compound into Calcium Ammonium Nitrate (CAN), Urea-Ammonium Nitrate (UAN), Potassium Nitrate, Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), and Others.
Calcium Ammonium Nitrate (CAN)
CAN accounts for about 28% of the liquid fertilizers market and is widely favored for its dual benefit of nitrogen and calcium supply. It supports plant cell wall strength, promotes steady vegetative growth, and is highly effective in crops like fruits, vegetables, and grains where balanced nutrition is critical.
Urea-Ammonium Nitrate (UAN)
Holding approximately 24% of the market, UAN is a stable liquid nitrogen fertilizer known for its high solubility and ease of application. Its versatility allows it to be used across a variety of crops, particularly in large-scale commercial farms, where consistent nutrient delivery is essential.
Potassium Nitrate
Potassium nitrate makes up nearly 18% of the market and delivers both potassium and nitrogen, enhancing plant resilience, flowering, and fruit development. It’s commonly used in horticulture and other high-value crops requiring stress tolerance and quality improvement.
Diammonium Phosphate (DAP)
DAP comprises roughly 12% of the market and is an excellent source of phosphorus and nitrogen. It is widely adopted during the early stages of crop growth, especially in crops like cereals, legumes, and oilseeds, for robust root and shoot development.
Monoammonium Phosphate (MAP)
MAP contributes about 10% to the market and provides a fast-acting blend of ammonium nitrogen and phosphate. It is highly effective for early root growth and is often applied through fertigation in row crops and vegetables.
Others
The "Others" category accounts for 8% and includes micronutrients, secondary nutrients, and custom blends. These formulations cater to crop-specific and soil-specific nutrient needs, especially in specialty or organic farming systems.
Liquid Fertilizers Market, Segmentation by Crop Type
The Liquid Fertilizers Market has been segmented by Crop Type into Macro Indicators, Connected Market: Npk (N + P2o5 + K2o) Fertilizers, Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others.
Macro Indicators
Macro indicators, though not a direct crop segment, play a critical role in shaping fertilizer demand. Trends in global food production, land availability, and agriculture GDP influence how liquid fertilizers are applied across regions and crop categories, offering insight into long-term market sustainability.
Connected Market: NPK (N + P₂O₅ + K₂O) Fertilizers
The NPK fertilizer segment is closely tied to the liquid fertilizers market, impacting about 60% of overall demand. These balanced nutrient formulations are widely used due to their ability to support crop yield, soil fertility, and plant health, especially in nutrient-depleted soils.
Cereals & Grains
Cereals and grains dominate the market with an estimated 40% share. Crops like wheat, corn, and rice require large volumes of nitrogen and macro nutrients for high-yield production. Liquid fertilizers are preferred for their fast absorption and application flexibility.
Oilseeds & Pulses
Oilseeds and pulses contribute nearly 22% to the liquid fertilizers market. Fertilization in crops such as soybean, lentils, and sunflower enhances seed development, oil content, and root nodulation, making these inputs critical for both productivity and quality.
Fruits & Vegetables
Fruits and vegetables account for around 28% of the market. These crops benefit significantly from liquid fertilizers through improved fruit quality, color, and nutrient density. Fertigation systems are widely employed to meet the precise needs of high-value produce.
Others
The "Others" category, covering about 10%, includes turfgrass, floriculture, and specialty crops. These plants often require tailored nutrient solutions, and liquid fertilizers provide the flexibility to customize blends for optimal growth and aesthetic appeal.
Liquid Fertilizers Market, Segmentation by Mode of Application
The Liquid Fertilizers Market has been segmented by Mode of Application into Soil, Foliar, Fertigation, Agricultural Field, Hydroponics, and Others.
Soil
Soil application leads the market with around 30% share, making it the most commonly used method for delivering liquid nutrients. This approach targets the root zone, improving nutrient availability and crop performance across diverse field crops and plantation systems.
Foliar
Foliar application accounts for approximately 20% of the market. By spraying fertilizers directly on leaves, this method ensures fast nutrient absorption, especially during critical growth phases or when root activity is compromised due to soil conditions.
Fertigation
Fertigation captures about 28% of the market and is one of the fastest-growing application modes. This method delivers nutrients through irrigation systems, enabling precision farming, reducing input waste, and boosting productivity in high-value horticulture and greenhouse farming.
Agricultural Field
This segment represents around 10% of market share and focuses on large-scale mechanized applications. Agricultural field use ensures uniform fertilizer coverage across broadacre crops, improving operational efficiency for large farms.
Hydroponics
Hydroponics contributes roughly 7% to the liquid fertilizers market. In this soilless cultivation system, liquid nutrients are essential for plant survival and growth, offering precise control over nutrient balance, especially in urban farming environments.
Others
The "Others" segment, with about 5% share, includes niche applications like seed coating, aeroponics, and vertical farming. These require customized nutrient delivery techniques tailored to specialized crop environments.
Liquid Fertilizers Market, Segmentation by Geography
In this report, the Liquid Fertilizers Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Global Liquid Fertilizers Market Share (%), by Geographical Region
North America
North America dominates the liquid fertilizers market with a share of around 32%, led by the U.S. and Canada. The region’s focus on precision agriculture, high-efficiency crop inputs, and sustainable yield enhancement supports widespread adoption of liquid nutrients across various crop types.
Europe
Europe contributes approximately 25% to the market, driven by a growing push toward sustainable farming practices and environmentally compliant fertilizers. Countries like France, Germany, and Spain are at the forefront of using liquid formulations to reduce environmental impact and maintain crop quality.
Asia Pacific
Asia Pacific holds roughly 28% of global market share and is among the fastest-growing regions. Nations such as India, China, and Indonesia are rapidly adopting liquid fertilizers in response to population pressure, food security concerns, and increased government investment in modern farming.
Middle East and Africa
Representing about 8% of the market, the Middle East and Africa are focusing on water-efficient agriculture and soil restoration techniques. Liquid fertilizers offer a scalable solution for nutrient delivery in regions with arid climates and challenging soil conditions.
Latin America
Latin America accounts for nearly 7% of the global market, with growth concentrated in Brazil and Argentina. The region’s expansion of commercial agriculture, especially in soybeans and sugarcane, is driving the need for efficient, high-performance fertilizer solutions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Liquid Fertilizers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growth in Demand for Enhanced High-Efficiency Fertilizers
- Adoption of Precision Farming and Protected Agriculture
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Rapid Growth in Greenhouse Vegetable Production - Greenhouse cultivation offers numerous advantages, including controlled environmental conditions, year-round production, and higher crop yields compared to traditional open-field farming. As the demand for fresh, high-quality vegetables continues to rise globally, growers increasingly turn to greenhouse farming to meet consumer preferences and market demands. Liquid fertilizers play a crucial role in greenhouse vegetable production by providing precise and efficient nutrient delivery directly to the root zone, optimizing plant growth and maximizing yields within the confined space of greenhouse structures.
The intensive nature of greenhouse cultivation necessitates tailored nutrient management strategies to ensure optimal plant health and productivity. Liquid fertilizers offer flexibility in nutrient composition and application methods, allowing growers to customize nutrient blends according to the specific requirements of different vegetable crops grown in greenhouse environments. By adopting liquid fertilizers, greenhouse vegetable producers can achieve higher nutrient absorption rates, minimize nutrient leaching, and maintain optimal nutrient levels throughout the growing season, thereby enhancing overall crop quality, yield, and profitability. As the trend towards greenhouse vegetable production continues to expand globally, fueled by urbanization, changing dietary habits, and the need for sustainable food production, the demand for liquid fertilizers is expected to surge, driving further growth in the global market.
Restraints:
- Lack of Awareness About Application Practices Among Farmers
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High Handling Costs - Unlike solid fertilizers, which are typically easier to store, transport, and apply, liquid fertilizers often require specialized equipment and infrastructure for handling and application. The need for storage tanks, pumping systems, and application machinery adds to the operational expenses for farmers and agricultural retailers, contributing to higher overall costs. Additionally, liquid fertilizers are more prone to spillage and leakage during transportation and application, further increasing handling costs and posing environmental risks if not managed properly.
The logistics involved in the distribution of liquid fertilizers can be complex and costly, especially in remote or geographically dispersed regions. Transportation expenses, including shipping, trucking, and handling fees, can escalate significantly, particularly for bulk liquid fertilizer shipments. Furthermore, the need for specialized handling facilities and personnel training adds another layer of cost, especially for smaller farmers or agricultural cooperatives with limited resources. These high handling costs can act as a deterrent for farmers considering the adoption of liquid fertilizers, particularly in regions where agricultural inputs are already expensive or where infrastructure for liquid fertilizer distribution is lacking. As a result, addressing these challenges related to handling costs is crucial for unlocking the full potential of the global liquid fertilizers market and ensuring broader adoption among farmers worldwide.
Opportunities:
- Need to Improve Pasture Production
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Increase in the Production and Yield of Crops - The increase in the production and yield of crops presents a significant opportunity for the global liquid fertilizers market. As the world population continues to grow, there is a pressing need to enhance agricultural productivity to ensure food security and meet the rising demand for food and fiber. Liquid fertilizers offer a viable solution for boosting crop yields by providing a readily available source of essential nutrients in a form that is easily absorbed by plants. By delivering nutrients directly to the root zone, liquid fertilizers enable more efficient nutrient uptake, resulting in improved plant growth, development, and ultimately, higher yields.
Liquid fertilizers offer greater flexibility and precision in nutrient application, allowing farmers to tailor nutrient formulations to the specific requirements of different crops, soil types, and growth stages. This customization capability enables farmers to optimize nutrient management practices, addressing nutrient deficiencies and maximizing the potential of their crops. Additionally, liquid fertilizers can be applied through various methods such as foliar spraying, fertigation, and hydroponics, offering versatility in application techniques that can further enhance crop performance and yield potential.
The adoption of advanced technologies and formulations in liquid fertilizers presents new opportunities for increasing crop production and yield. Manufacturers are continually innovating to develop liquid fertilizer products enriched with micronutrients, biostimulants, and other additives that promote plant growth, stress tolerance, and overall crop health. These enhanced formulations can help farmers overcome various challenges such as nutrient deficiencies, environmental stresses, and disease pressures, ultimately leading to higher crop yields. Additionally, the integration of digital agriculture technologies, such as precision farming and remote sensing, with liquid fertilizer application can further optimize nutrient management practices and contribute to sustainable increases in crop production and yield.
Competitive Landscape Analysis
Key players in Global Liquid Fertilizers Market include:
- Nutrien Ltd
- Yara International ASA
- Israel Chemical Ltd
- K+S Aktiengesellschaft
- Sociedad Qummica Y Minera De Chile (SQM)
- The Mosaic Company, Eurochem Group
- CF Industries Holdings, Inc.
- OCP Group
- OCI Nitrogen
- Wilbur-Ellis Company
- Compass Minerals
- Kugler
- Haifa Group
- Compo Expert GmbH
- Agroliquid
- Plant Food Company, Inc
- Foxfarm Soil & Fertilizer Company
- Agro Bio Chemicals
- Agzon Agro
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Major Compound
- Market Snapshot, By Crop Type
- Market Snapshot, By Mode Of Application
- Market Snapshot, By Region
- Liquid Fertilizers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growth in Demand for Enhanced High-Efficiency Fertilizers
- Adoption of Precision Farming and Protected Agriculture
- Rapid Growth in Greenhouse Vegetable Production
- Restraints
- Lack of Awareness About Application Practices Among Farmers
- High Handling Costs
- Opportunities
- Need to Improve Pasture Production
-
Increase in the Production and Yield of Crops
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Liquid Fertilizers Market, By Type, 2021 - 2031 (USD Million)
- Nitrogen
- Phosphorus
- Potassium
- Micronutrients
- Liquid Fertilizers Market, By Major Compound, 2021 - 2031 (USD Million)
- Calcium Ammonium Nitrate (CAN)
- Urea-Ammonium Nitrate (UAN)
- Potassium Nitrate
- Diammonium Phosphate (DAP)
- Monoammonium Phosphate (MAP)
- Others
- Liquid Fertilizers Market, By Crop Type, 2021 - 2031 (USD Million)
- Macro Indicators
- Cereals & Grains
- Corn
- Wheat
- Rice
- Others
- Oilseeds & Pulses
- Soybean
- Others
- Fruits & Vegetables
- Others
- Liquid Fertilizers Market, By Mode of Application, 2021 - 2031 (USD Million)
- Soil
- Foliar
- Fertigation
- Agricultural Field
- Hydroponics
- Others
- Liquid Fertilizers Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Liquid Fertilizers Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Nutrien Ltd
- Yara International ASA
- Israel Chemical Ltd
- K+S Aktiengesellschaft
- Sociedad Qummica Y Minera De Chile (SQM)
- The Mosaic Company
- Eurochem Group
- CF Industries Holdings, Inc
- OCP Group
- OCI Nitrogen
- Wilbur-Ellis Company
- Compass Minerals
- Kugler
- Haifa Group
- Compo Expert GmbH
- Agroliquid
- Plant Food Company, Inc.
- Foxfarm Soil and Fertilizer Company
- Agro Bio Chemicals
- Agzon Agro
- Company Profiles
- Analyst Views
- Future Outlook of the Market