Market Overview:
The global soluble fertilizer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food owing to the growing population, rising income levels, and changing dietary habits across the globe. In addition, factors such as advancements in agricultural technologies and innovations in product offerings by key players are also propelling the growth of this market. On the basis of type, NPK water-soluble fertilizers accounted for a major share of the global soluble fertilizer market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 due to its high efficacy in providing nutrients required by plants for their healthy growth and development. On account of their benefits over traditional fertilizers such as ease of application and low environmental impact, amino acid water-soluble fertilizers are witnessing high adoption rates across regions such as Europe and Asia Pacific.
Product Definition:
A soluble fertilizer is a fertilizer that dissolves in water and is absorbed by plants. Soluble fertilizers are typically high in nitrogen, phosphorus, and potassium. These nutrients are essential for plant growth and development. Soluble fertilizers are applied to the soil through irrigation or rainfall, where they dissolve and become available to plants.
NPK Water-soluble:
NPK water-soluble is a group of essential nutrients that are soluble in water but slightly soluble in organic solvents. The product contains nitrogen, phosphorous and potassium. These nutrients are naturally found in the fertilizers produced by plants; however, they can be artificially added to the plant food as well. NPK stands for Nitrogen-Phosphorous-Potassium and is commonly known as N P K solution or colloidal dispersion.
Humic Acid Water-soluble:
Humic acid is a water-soluble organic compound, which is also known as fulvic acid. It's a part of natural organic matter and it occurs naturally in plants, animals, bacteria and some minerals. Humic acid has the ability to bind with heavy metals such as lead, mercury and aluminum; making them less available for absorption by the plant roots. This property makes humic acids an ideal fertilizer for use in soluble fertilizers as well as soil conditioners.
Application Insights:
Crop application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. This growth can be attributed to increasing crop production across several countries, including U.S., China, India, Brazil and Australia. Moreover, technological developments such as precision agriculture are expected to positively impact industry growth over the coming years.
Horticulture is one of the most important sectors in various regions due to its contribution towards food security and economic stability through crop cultivation practices worldwide; this factor has resulted in growing demand for soluble fertilizers specifically designed for horticulture applications globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a rise in demand for NPK water-soluble fertilizers due to high agricultural production, which, in turn, is likely to propel product sales. China accounted for more than 20% of global NPK fertilizer consumption and produced nearly 25% of the world’s food through farming activities.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to increasing awareness regarding soil nutrients among farmers as well as gardeners across countries such as UAE and Saudi Arabia. Moreover, rising population along with rapid urbanization are projected by some experts to increase food demand across this region; thus boosting product sales even further during the forecast period from 2018 till 2030 (Ref: United Nations World Population Prospects 2019).
Growth Factors:
- Increasing demand for food owing to population growth
- Rising awareness about the benefits of using soluble fertilizers
- Government initiatives and subsidies for promoting the use of soluble fertilizers
- Technological advancements in fertilizer production that lead to better quality products
- Growing popularity of organic farming
Scope Of The Report
Report Attributes
Report Details
Report Title
Soluble Fertilizer Market Research Report
By Type
NPK Water-soluble, Humic Acid Water-soluble, Amino Acid Water-soluble, Other
By Application
Horticulture, Crop, Other
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Soluble Fertilizer Market Report Segments:
The global Soluble Fertilizer market is segmented on the basis of:
Types
NPK Water-soluble, Humic Acid Water-soluble, Amino Acid Water-soluble, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Horticulture, Crop, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report 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
Highlights of The Soluble Fertilizer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NPK Water-soluble
- Humic Acid Water-soluble
- Amino Acid Water-soluble
- Other
- By Application:
- Horticulture
- Crop
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Soluble Fertilizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Soluble fertilizer is a type of fertilizer that dissolves in water. This makes it easier for plants to absorb and use.
Some of the major 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.
The soluble fertilizer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soluble Fertilizer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Soluble Fertilizer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soluble Fertilizer Market - Supply Chain
4.5. Global Soluble Fertilizer Market Forecast
4.5.1. Soluble Fertilizer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soluble Fertilizer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soluble Fertilizer Market Absolute $ Opportunity
5. Global Soluble Fertilizer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Soluble Fertilizer Market Size and Volume Forecast by Type
5.3.1. NPK Water-soluble
5.3.2. Humic Acid Water-soluble
5.3.3. Amino Acid Water-soluble
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soluble Fertilizer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Soluble Fertilizer Market Size and Volume Forecast by Application
6.3.1. Horticulture
6.3.2. Crop
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soluble Fertilizer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Soluble Fertilizer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Soluble Fertilizer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Soluble Fertilizer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Soluble Fertilizer Demand Share Forecast, 2019-2026
9. North America Soluble Fertilizer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Soluble Fertilizer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Soluble Fertilizer Market Size and Volume Forecast by Application
9.4.1. Horticulture
9.4.2. Crop
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soluble Fertilizer Market Size and Volume Forecast by Type
9.7.1. NPK Water-soluble
9.7.2. Humic Acid Water-soluble
9.7.3. Amino Acid Water-soluble
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Soluble Fertilizer Demand Share Forecast, 2019-2026
10. Latin America Soluble Fertilizer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Soluble Fertilizer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Soluble Fertilizer Market Size and Volume Forecast by Application
10.4.1. Horticulture
10.4.2. Crop
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soluble Fertilizer Market Size and Volume Forecast by Type
10.7.1. NPK Water-soluble
10.7.2. Humic Acid Water-soluble
10.7.3. Amino Acid Water-soluble
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Soluble Fertilizer Demand Share Forecast, 2019-2026
11. Europe Soluble Fertilizer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Soluble Fertilizer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Soluble Fertilizer Market Size and Volume Forecast by Application
11.4.1. Horticulture
11.4.2. Crop
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soluble Fertilizer Market Size and Volume Forecast by Type
11.7.1. NPK Water-soluble
11.7.2. Humic Acid Water-soluble
11.7.3. Amino Acid Water-soluble
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Soluble Fertilizer Demand Share, 2019-2026
12. Asia Pacific Soluble Fertilizer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Soluble Fertilizer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Soluble Fertilizer Market Size and Volume Forecast by Application
12.4.1. Horticulture
12.4.2. Crop
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soluble Fertilizer Market Size and Volume Forecast by Type
12.7.1. NPK Water-soluble
12.7.2. Humic Acid Water-soluble
12.7.3. Amino Acid Water-soluble
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Soluble Fertilizer Demand Share, 2019-2026
13. Middle East & Africa Soluble Fertilizer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Soluble Fertilizer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Soluble Fertilizer Market Size and Volume Forecast by Application
13.4.1. Horticulture
13.4.2. Crop
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soluble Fertilizer Market Size and Volume Forecast by Type
13.7.1. NPK Water-soluble
13.7.2. Humic Acid Water-soluble
13.7.3. Amino Acid Water-soluble
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Soluble Fertilizer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soluble Fertilizer Market: Market Share Analysis
14.2. Soluble Fertilizer Distributors and Customers
14.3. Soluble Fertilizer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haifa Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yara
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arab Potash Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Everris
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bunge
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SQM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UralChem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ICL Fertilizers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sinclair
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Grow More
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EuroChem Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mosaicco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nutrite
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aries Agro
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LemagroNV
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dongbu Farm Hannong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Stanley
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hebei Monbang
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. CNAMPGC Holding
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
