Asia-Pacific to Lead Global Liquid Fertilizer Market till 2024

Growing demand for high-efficiency fertilizers, adoption of precision farming and protected agriculture, and rising potash supply and nitrogen demand to drive global liquid fertilizer market through 2024

According to TechSci Research report, “Global Liquid Fertilizer Market By Type, By Mode of Application, By Ingredient Type, By Crop Type, By Region, Competition, Forecast & Opportunities, 2024’’, global liquid fertilizer market stood at $ 8,760 million in 2018 and is forecast to register a CAGR of 3.6% during 2019-2024. Ease of use and application, increasing environmental concerns, rising demand for high efficiency fertilizers, and adoption of precision farming and protected agriculture are among the major factors expected to fuel the market during forecast period.

Browse XX market data Figures and Tables spread through 110 Pages and an in-depth TOC on “Global Liquid Fertilizers Market”

https://www.techsciresearch.com/report/liquid-fertilizer-market/3955.html

Based on type, global liquid fertilizer market has been segmented into nitrogen, phosphorus, potash and micronutrients. In coming years, micronutrients segment is anticipated to register the fastest growth rate. Micronutrients drive many metabolic reactions in all crops and maintains growth. Moreover, increasing soil deficiency, growing demand for biofuels and rising demand for high-quality yield are expected to aid the micronutrients segment in global liquid fertilizers across the globe. Asia-Pacific holds the largest growth potential for liquid fertilizers, as the region boasts many emerging economies like India and China. Additionally, factors such as high demand for nutritive food and sustainable crop yields, growing investments in the agriculture sector and management of crop production costs are fueling the region’s liquid fertilizer market.

“Fruits & vegetables segment would grow at the fastest rate in global liquid fertilizer market in coming years. Production of fruits & vegetables is more intensive and vertically integrated, owing to continuous advancements in technology. With growing focus of healthy eating habits and rising disposable income, demand for fruits & vegetables would grow across the globe, which in turn would offer lucrative growth opportunities to players operating in liquid fertilizer market”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Liquid Fertilizer Market By Type, By Mode of Application, By Ingredient Type, By Crop Type, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global liquid fertilizer market and provides statistics and information on market size, structure and future market growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in global liquid fertilizer market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]