The report is titled ‘Soluble Fertilizer Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the soluble fertilizer market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Soluble fertilizer market is expected to grow at significant rate in the near future.
The global soluble fertilizer market in 2020 is estimated for more than US$ 16.5 Bn and expected to reach a value of US$ 23.4 Bn by 2028 with a significant CAGR of 4.5%.
Soluble Fertilizer Market Definition
The water-soluble fertilizers are defined as the fertilizers that can be mixed in water and added or drained out of the soil smoothly. The water-soluble fertilizers help in controlling the accurate quantity of nutrients accessible to the crops or plants.
The integration of fertilizers and water also assists in elevating the utilization proportion as it saves fertilizer, water, and labor. Owing to this, soluble fertilizers observe huge demand in the global market. Moreover, they provide numerous benefits over regular fertilizers comprising colossal crop yield and abundant availability of nutrients in the soil.
In addition to that, the water-soluble fertilizers also assist in preventing groundwater contamination, which further elevates its demand over the conventional fertilizers.
Attributing to this, water-soluble fertilizers are considered well suited for modern irrigation systems across the world. Thus, the global soluble fertilizer market is projected to grow substantially in the forecast period.
Soluble Fertilizer Market Dynamics
The adoption of modern methods and equipment by the agricultural industry in the present-day world is one of the major factors that is expected to boost the growth of the global soluble fertilizer market in the forthcoming future.
The advanced soluble fertilizers dissolve with water and carry the potential to uplift the crop yield and keep a check on the appropriate amount of nutrients in the soil, which makes it the best-suited fertilizer for modern irrigation systems, thus propelling its demand in the global market. Therefore, the global soluble fertilizers market is projected to witness significant growth during the forecast period.
Along with that, it also helps in saving extra water and fertilizers as well as cut off additional cost of labors, which further adds to its numerous benefits, thereby estimated to further positively fuel the growth of the global soluble fertilizer market in the upcoming years.
By the same token, a swift upsurge in horticulture crop production, globally, coupled with the growing demand for vegetables and fruits across the world is also expected to give a positive push to the growth of the global soluble fertilizer market in the near future.
Furthermore, the soluble fertilizers are also considered beneficial for farmers worldwide as it helps in growing enormous crop yield in limited land as well as provide an appreciable amount of return on investment, which further stimulates its demand in the global market. Attributing to which, the global soluble fertilizer market is projected to grow rapidly in the coming years.
Soluble Fertilizer Market Key Players
Some of the key participating players in the soluble fertilizer market are:
• Haifa Chemicals
• Yara
• Arab Potash Company
• Omex
• Everris
• Bunge
• SQM
• UralChem
• ICL Fertilizers
• Sinclair
• Grow More
• EuroChem Group
• Mosaicco
• Nutrite
• Aries Agro
• LemagroNV
• Dongbu Farm Hannong
• Stanley
• Hebei Monbang
• CNAMPGC Holding
• Hanfeng
• Batian
• Kingenta
• Sichuan Guoguang Agrochemical
• Beijing Jinggeng Tianxia Agricultural Science and Technology
• Strongwill Group
Soluble Fertilizer Market Segmentation
The soluble fertilizer market is segmented on the basis of type, application, and region.
By Type
• NPK Water-soluble
• Humic Acid Water-soluble
• Amino Acid Water-soluble
• Other
By Application
• Horticulture
• Crop
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
MMC Overview on Soluble Fertilizer Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Soluble Fertilizer market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of soluble fertilizer products
• Advantages of soluble fertilizer
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at a regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make an informed decision.
A mix of the top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.
1. Global Soluble Fertilizer Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Soluble Fertilizer Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Soluble Fertilizer Market Snapshot
2.4. Global Soluble Fertilizer Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Soluble Fertilizer Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Soluble Fertilizer Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. NPK Water-soluble
3.2.2. Humic Acid Water-soluble
3.2.3. Amino Acid Water-soluble
3.2.4. Other
3.3. Global Soluble Fertilizer Market Attractiveness Index, By Type
4. Global Soluble Fertilizer Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Horticulture
4.2.2. Crop
4.2.3. Others
4.3. Global Soluble Fertilizer Market Attractiveness Index, By Application
5. Global Soluble Fertilizer Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Soluble Fertilizer Market Attractiveness Index, By Region
6. North America Soluble Fertilizer Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) Forecast, By Country
6.2.1. U.S. Soluble Fertilizer Market
6.2.2. Canada Soluble Fertilizer Market
6.3. North America Soluble Fertilizer Market, By Type
6.3.1. NPK Water-soluble
6.3.2. Humic Acid Water-soluble
6.3.3. Amino Acid Water-soluble
6.3.4. Other
6.4. North America Soluble Fertilizer Market, By Application
6.4.1. Horticulture
6.4.2. Crop
6.4.3. Others
6.5. North America Soluble Fertilizer Market Attractiveness Index
6.5.1. By Country
6.5.2. By Type
6.5.3. By Application
7. Latin America Soluble Fertilizer Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. Brazil Soluble Fertilizer Market
7.2.2. Mexico Soluble Fertilizer Market
7.2.3. Argentina Soluble Fertilizer Market
7.2.4. Rest of Latin America Soluble Fertilizer Market
7.3. Latin America Soluble Fertilizer Market, By Type
7.3.1. NPK Water-soluble
7.3.2. Humic Acid Water-soluble
7.3.3. Amino Acid Water-soluble
7.3.4. Other
7.4. Latin America Soluble Fertilizer Market, By Application
7.4.1. Horticulture
7.4.2. Crop
7.4.3. Others
7.5. Latin America Soluble Fertilizer Market Attractiveness Index
7.5.1. By Country
7.5.2. By Type
7.5.3. By Application
8. Europe Soluble Fertilizer Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. U.K. Soluble Fertilizer Market
8.2.2. Germany Soluble Fertilizer Market
8.2.3. Italy Soluble Fertilizer Market
8.2.4. France Soluble Fertilizer Market
8.2.5. Spain Soluble Fertilizer Market
8.2.6. Russia Soluble Fertilizer Market
8.2.7. Poland Soluble Fertilizer Market
8.2.8. BENELUX Soluble Fertilizer Market
8.2.9. NORDIC Soluble Fertilizer Market
8.2.10. Rest of Europe Soluble Fertilizer Market
8.3. Europe Soluble Fertilizer Market, By Type
8.3.1. NPK Water-soluble
8.3.2. Humic Acid Water-soluble
8.3.3. Amino Acid Water-soluble
8.3.4. Other
8.4. Europe Soluble Fertilizer Market, By Application
8.4.1. Horticulture
8.4.2. Crop
8.4.3. Others
8.5. Europe Soluble Fertilizer Market Attractiveness Index
8.5.1. By Country
8.5.2. By Type
8.5.3. By Application
9. Asia Pacific Soluble Fertilizer Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. China Soluble Fertilizer Market
9.2.2. India Soluble Fertilizer Market
9.2.3. Japan Soluble Fertilizer Market
9.2.4. Australia and New Zealand Soluble Fertilizer Market
9.2.5. South Korea Soluble Fertilizer Market
9.2.6. ASEAN Soluble Fertilizer Market
9.2.7. Rest of Asia Pacific Soluble Fertilizer Market
9.3. Asia Pacific Soluble Fertilizer Market, By Type
9.3.1. NPK Water-soluble
9.3.2. Humic Acid Water-soluble
9.3.3. Amino Acid Water-soluble
9.3.4. Other
9.4. Asia Pacific Soluble Fertilizer Market, By Application
9.4.1. Horticulture
9.4.2. Crop
9.4.3. Others
9.5. Asia Pacific Soluble Fertilizer Market Attractiveness Index
9.5.1. By Country
9.5.2. By Type
9.5.3. By Application
10. Middle East Soluble Fertilizer Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. GCC Countries Soluble Fertilizer Market
10.2.2. Israel Soluble Fertilizer Market
10.2.3. Oman Soluble Fertilizer Market
10.2.4. Rest of Middle East Soluble Fertilizer Market
10.3. Middle East Soluble Fertilizer Market, By Type
10.3.1. NPK Water-soluble
10.3.2. Humic Acid Water-soluble
10.3.3. Amino Acid Water-soluble
10.3.4. Other
10.4. Middle East Soluble Fertilizer Market, By Application
10.4.1. Horticulture
10.4.2. Crop
10.4.3. Others
10.5. Middle East Soluble Fertilizer Market Attractiveness Index
10.5.1. By Country
10.5.2. By Type
10.5.3. By Application
11. Africa Soluble Fertilizer Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. South Africa Soluble Fertilizer Market
11.2.2. Egypt Soluble Fertilizer Market
11.2.3. North Africa Soluble Fertilizer Market
11.2.4. Rest of Africa Soluble Fertilizer Market
11.3. Africa Soluble Fertilizer Market, By Type
11.3.1. NPK Water-soluble
11.3.2. Humic Acid Water-soluble
11.3.3. Amino Acid Water-soluble
11.3.4. Other
11.4. Africa Soluble Fertilizer Market, By Application
11.4.1. Horticulture
11.4.2. Crop
11.4.3. Others
11.5. Africa Soluble Fertilizer Market Attractiveness Index
11.5.1. By Country
11.5.2. By Type
11.5.3. By Application
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Haifa Chemicals
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Type Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Yara
13.3.3. Arab Potash Company
13.3.4. Omex
13.3.5. Everris
13.3.6. Bunge
13.3.7. SQM
13.3.8. UralChem
13.3.9. ICL Fertilizers
13.3.10. Sinclair
13.3.11. Grow More
13.3.12. EuroChem Group
13.3.13. Mosaicco
13.3.14. Nutrite
13.3.15. Aries Agro
13.3.16. LemagroNV
13.3.17. Dongbu Farm Hannong
13.3.18. Stanley
13.3.19. Hebei Monbang
13.3.20. CNAMPGC Holding
13.3.21. Hanfeng
13.3.22. Batian
13.3.23. Kingenta
13.3.24. Sichuan Guoguang Agrochemical
13.3.25. Beijing Jinggeng Tianxia Agricultural Science and Technology
13.3.26. Strongwill Group
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global soluble fertilizer market in 2020 is estimated for more than US$ 16.5 Bn and expected to reach a value of US$ 23.4 Bn by 2028 with a significant CAGR of 4.5%.
What are the key factors driving the growth of market?
The adoption of modern methods and equipment by the agricultural industry in the present-day world and a swift upsurge in horticulture crop production, globally, coupled with the growing demand for vegetables and fruits across the world are the key factors driving the growth of market
What segments are covered in market report?
The soluble fertilizer market is segmented on the basis of type, application, and region.
What are the key participating players in the market?
Some of the key participating players in the soluble fertilizer market are Haifa Chemicals, Yara, Arab Potash Company, Omex, Everris, Bunge, SQM, UralChem, ICL Fertilizers, Sinclair, Grow More, EuroChem Group, Mosaicco, Nutrite, Aries Agro, LemagroNV, Dongbu Farm Hannong, Stanley, Hebei Monbang, CNAMPGC Holding, Hanfeng, Batian, Kingenta, Sichuan Guoguang Agrochemical, Beijing Jinggeng Tianxia, and Agricultural Science and Technology
