According to the research report titled ‘Liquid Fertilizers Market Size, Share and Industry Analysis Report by Type (Nitrogen, Micronutrients, Potassium, Phosphate), Mode Of Application (Soil, Fertigation, Foliar) and Production Process (Organic, Inorganic), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027,’ available with MarketStudyReport, global liquid fertilizers market is slated to garner substantial returns during 2021-2027.

Surging demand for food given the rise in population, inclination towards highly effective fertilizers, and soaring utilization of organic liquid fertilizers for organic produce are driving the expansion of global liquid fertilizers market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4547854/

Despite the optimistic standpoint, a dearth in awareness regarding the optimum usage of fertilizers, and uncertainties concerning the environment are likely to challenge the progress of the industry in the forthcoming years.

Based on product type, the potassium vertical is estimated to amass USD 4 billion by 2027, due to the rising usage in foliar applications, combined with frequent launches of new potassium fertilizers.

From an application point of view, the foliar segment is anticipated to expand at 4% CAGR during the review period, owing to product’s efficacy in boosting plant growth during critical times by providing micronutrients.

In terms of production process, the organic subdivision of worldwide liquid fertilizers industry is predicted to accrue USD 640 million by the end of the analysis period, owing to the rising awareness about organic foods, combined with increasing focus placed on the innovation of organic products.

Regarding the geographical scope, Europe market is poised to grow at 2.6% CAGR during 2021-2027, attributed to the soaring demand for organic fertilizers, and huge consumption of high-value products like fresh fruits, nuts, and vegetables. 

Speaking of the competitive landscape, the prominent companies in global liquid fertilizers market are Compo Expert GmbH, Nutrien Ltd., Haifa Group, Yara International ASA, Kugler GmbH, ICL Group Ltd., Compass Minerals International Inc., K+S AG, Wilbur-Ellis Company, Sociedad Química Y Minera De Chile (SQM), OCI Nitrogen, The Mosaic Company, OCP Group, CF Industries Holdings Inc., and EuroChem Group among others.