The water soluble fertilizers market is anticipated to grow at a CAGR of 5.15% during the period 2018-2024. Water-soluble fertilizers are essentially used to accelerate the growth of crops and uphold the overall health of the plants thereby enhancing productivity. The growing demand for food products owing to the ever-growing population, increasing spending power and urbanizing society in developing nations, drive the need to enhance farm productivity. As per an FAO report, feeding a world population of 9.1 billion people in 2050 would require raising overall food production by around 70% between 2005 and 2050. The high efficiency and ease of application of water-soluble fertilizers enhance its adoption for improving farm productivity. Other drivers include the growing trend of greenhouse vegetable production and the rising adoption of modern irrigational practices due to decreasing arable land.
The Water-Soluble Fertilizers Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, form, application, and geography.
The Water-Soluble Fertilizers market has been segmented based on type, form, application, and geography. Based on type, the market has been segmented into potassium-based, NPK based, and others. By form, the market has been segmented into liquid and powdered crystal. By application, the market has been segmented into fertigation and foliar.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into the Americas, Europe Middle East and Africa (EMEA), and the Asia Pacific regions. The report also analyzes 9 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the water-soluble fertilizers market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the water-soluble fertilizers market.
Middle East and Africa