Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, and Potassic), Mode of Application (Foliar and Fertigation), Form (Dry and Liquid), Crop Type (Field Crop, Horticulture Crops, Turf & ornaments) and Region - Global Forecast to 2028

Abstract
According to MarketsandMarkets, the water-soluble fertilizers market size is estimated to be valued at USD 18.3 billion in 2023 and is projected to reach USD 23.9 billion by 2028, recording a CAGR of 5.5% in terms of value. Various factors, such as the rising demand for high-efficiency fertilizers, the increasing adoption of precision farming, and the growing trend of greenhouse vegetable production drive the market.

Water-soluble fertilizers are widely used in agriculture as they provide essential nutrients for plants’ growth and development. They are more effective than conventional fertilizers as they can be easily absorbed by plants, resulting in higher yields and better crop quality. Moreover, they can be easily applied through irrigation systems, making them a preferred choice for fertigation. The adoption of precision farming techniques such as drip irrigation and fertigation has increased significantly as they offer several advantages, such as reduced water and fertilizer use, improved crop yield and quality, and better resource management.

The water-soluble fertilizers market is expected to witness significant growth during the forecast period due to the increasing demand for high-efficiency fertilizers, the adoption of precision farming techniques, and the growing trend of greenhouse vegetable production. Manufacturers are continuously investing and expanding their market to meet the growing demand for water-soluble fertilizers. For example, Israel Chemical Ltd (ICL) expanded its phosphate production by opening a new phosphate recycling unit in the ICL fertilizer production site in Amsterdam, Netherlands.

“By type, the Potassic segment is the largest segment during the forecast period.”

Potassium is an essential nutrient plants require to perform various functions like water regulation, stomatal movements, enzyme activation, and photosynthesis. The sector for potassic water-soluble fertilizers is expected to be the largest over the projected period due to the demand for high-value crops such as fruits, vegetables, and flowers. Water-soluble fertilizers provide a convenient and effective way to deliver potassium to plants, as they dissolve easily in water and can be applied through fertigation systems.

This has led to a shift in demand due to changing consumer preferences and an increasing need for convenience. Water-soluble fertilizers offer several advantages over traditional fertilizers, such as their ability to dissolve quickly in water and provide a high level of nutrient availability to crops. As a result of these benefits, companies are investing in new water-soluble fertilizer products to meet demand.

“By application, the fertigation segment is expected to grow at the highest growth rate during the forecast period.”

Fertigation involves the application of fertilizers through irrigation systems, enabling precise and efficient nutrient delivery to plants. This method of fertilizer application is widely adopted in agriculture, horticulture, and turf care. Water- soluble fertilizers are highly effective in fertigation systems, as they can be easily dissolved and distributed through the irrigation system. They offer advantages over traditional fertilizers, such as improved nutrient uptake, reduced leaching and runoff, and increased crop yields. Additionally, fertigation systems using water-soluble fertilizers enable farmers to customize nutrient delivery based on the specific needs of different crops, resulting in optimal growth and yield. These trends has led to the increased adoption of water-soluble fertilizers in fertigation.

“By crop type, the horticulture segment is expected to grow at the highest growth rate during the forecast period.”

The horticulture segment is the largest market for water-soluble fertilizers, and it is estimated to grow at the highest rate during the forecast period. Horticulture includes the cultivation of fruits, vegetables, flowers, and ornamental plants, which require high-quality fertilizers to enhance their growth and productivity. Water-soluble fertilizers are highly effective in providing essential nutrients to horticultural crops in a soluble form, enabling faster and more efficient nutrient uptake. Water soluble fertilizers can be customized to meet the specific nutrient requirements of different horticultural crops, ensuring optimal growth and yield. These flexibility in the application of water-soluble fertilizers have contributed to the increased adoption of water-soluble fertilizers in horticulture.

“By form, the dry segment is expected to dominate the market during the forecast period.”

Dry water-soluble fertilizers are widely used due to their benefits, such as easy handling and storage, longer shelf life, and cost-effectiveness. They are available in different forms, such as powder and granules, making it easy for farmers to apply them as per crop requirements. The increasing adoption of advanced farming techniques and the growing demand for high-quality crops are driving the growth of the dry water-soluble fertilizers market. Additionally, the increasing awareness about the benefits of water-soluble fertilizers over traditional fertilizers is further fuelling the demand for dry water-soluble fertilizers. They provide better absorption of nutrients by the crops, improving their overall health and yield, and can be customized as per the specific crops’ needs.

“Asia Pacific market is estimated to be the fastest-growing region in the water-soluble fertilizers market.”

Asia Pacific has a large population, leading to a high demand for food and agricultural products. Farmers are increasingly adopting high-efficiency water-soluble fertilizers to enhance crop yields and quality. Governments are focusing on sustainable agriculture practices, which involve the use of eco-friendly and efficient fertilizers. Precision farming techniques are also being adopted, which require the use of specialized fertilizers to optimize crop growth and yield. Water soluble fertilizers are well-suited to precision farming practices due to their ease of application and handling. Overall, the Asia Pacific’s increasing demand for high-efficiency fertilizers, adoption of sustainable agriculture practices, and adoption of precision farming techniques are driving the growth of the water-soluble fertilizers market.

Breakdown of Primaries:
In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:
By Value Chain: Demand side- 41%, Supply side- 59%
By Designation: CXOs- 33%, Managers- 25%, Executives- 42%
By Region: Asia Pacific- 30%, Europe- 29%, North America- 24%, and RoW - 17%

Key-players operating in this market are Nutrien (Canada), Israel Chemical Company (Israel), Sociedad Quimicay Minera De Chile (SQM) (Chile), K+S aktiengesellschaft (Germany), Yara International (Norway), Haifa Chemicals Ltd (Israel), and Compo GmbH (Germany).
Research Coverage:

This research report categorizes the Water-soluble fertilizers market by Type (Nitrogenous, Phosphatic, Potassic, and Micronutrient), by Mode of Application (Fertigation and Foliar), by Crop Type (Field crops, Horticultural crops, Turf & Ornamentals, and Others), by Form (Dry and Liquid) and Region (North America, Europe, Asia Pacific, and RoW). The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the water-soluble fertilizers market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, new product launches, mergers & acquisitions, partnerships, agreements, and other recent developments in the water-soluble fertilizers market. Competitive analysis of coming startups in the water-soluble fertilizers market is covered in this report.

Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall water-soluble fertilizers market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
•Analysis of key drivers (High efficiency of water-soluble fertilizers coupled with rise in demand for nutritive foods, Ease of application, Rapid growth in greenhouse vegetable production, Decreasing arable land, Environment concerns), restraints (Growth in the organic fertilizers industry, The lack of awareness of water-soluble fertilizers among farmers), opportunities (Increasing awareness of adopting agricultural technologies in new emerging markets, Growing demand for water-soluble nutrients), and challenges (Increasing number of players with similar product formulations, Rising prices of natural gas) influencing the growth of the water-soluble fertilizers market
•Product Development/Innovation: Detailed insights on coming technologies, R&D activities, and product launches in the water-soluble fertilizers market.
•Market Development: Comprehensive information about lucrative markets – the report analyses the water-soluble fertilizers market across varied regions.
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the water-soluble fertilizers market.
•Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Nutrien, Israel Chemical Company, Sociedad Quimicay Minera De Chile (SQM), K+S Aktiengesellschaft, Yara International, and among others in the water-soluble fertilizers market.

Content
Table of Contents

1INTRODUCTION36
1.1STUDY OBJECTIVES36
1.2MARKET DEFINITION36
1.3STUDY SCOPE37
FIGURE 1WATER-SOLUBLE FERTILIZERS MARKET SEGMENTATION37
1.3.1INCLUSIONS & EXCLUSIONS37
1.3.2REGIONS COVERED38
FIGURE 2WATER-SOLUBLE FERTILIZERS MARKET: REGIONAL SEGMENTATION38
1.4YEARS CONSIDERED38
1.5UNITS CONSIDERED39
1.5.1CURRENCY UNIT39
TABLE 1USD EXCHANGE RATES CONSIDERED, 2018–202239
1.5.2VOLUME UNIT40
1.6STAKEHOLDERS40
1.7SUMMARY OF CHANGES41
1.8RECESSION IMPACT ANALYSIS41
2RESEARCH METHODOLOGY42
2.1RESEARCH DATA42
FIGURE 3WATER-SOLUBLE FERTILIZERS MARKET: RESEARCH DESIGN42
2.1.1SECONDARY DATA43
2.1.1.1Key data from secondary sources43
2.1.2PRIMARY DATA43
2.1.2.1Key data from primary sources44
2.1.2.2Key industry insights44
2.1.2.3Breakdown of primary interviews45
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION45
2.1.2.4Primary sources46
2.2MARKET SIZE ESTIMATION46
2.2.1APPROACH ONE: BOTTOM-UP47
FIGURE 5WATER-SOLUBLE FERTILIZERS MARKET: APPROACH ONE (BOTTOM-UP)47
2.2.2APPROACH TWO: TOP-DOWN47
FIGURE 6WATER-SOLUBLE FERTILIZERS MARKET: APPROACH TWO (TOP-DOWN)48
2.3DATA TRIANGULATION49
FIGURE 7DATA TRIANGULATION METHODOLOGY49
2.4RESEARCH ASSUMPTIONS50
FIGURE 8MARKET RESEARCH ASSUMPTIONS CONSIDERED50
2.5RESEARCH LIMITATIONS50
FIGURE 9STUDY LIMITATIONS AND RISK ASSESSMENT50
2.6RECESSION IMPACT ON WATER-SOLUBLE FERTILIZERS MARKET51
2.6.1MACROECONOMIC INDICATORS OF RECESSION51
FIGURE 10INDICATORS OF RECESSION51
FIGURE 11GLOBAL INFLATION RATE, 2011–202152
FIGURE 12GLOBAL GDP, 2011–2021 (USD TRILLION)53
FIGURE 13RECESSION INDICATORS AND THEIR IMPACT ON WATER-SOLUBLE FERTILIZERS MARKET54
FIGURE 14GLOBAL WATER-SOLUBLE FERTILIZERS MARKET: PREVIOUS FORECAST VS. RECESSION IMPACT FORECAST54
3EXECUTIVE SUMMARY56
TABLE 2WATER-SOLUBLE FERTILIZERS MARKET SNAPSHOT, 2023 VS. 202856
FIGURE 15WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)57
FIGURE 16WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)57
FIGURE 17WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)58
FIGURE 18WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023 VS. 2028 (USD MILLION)58
FIGURE 19WATER-SOLUBLE FERTILIZERS MARKET SHARE, BY REGION, 202259
4PREMIUM INSIGHTS60
4.1ATTRACTIVE OPPORTUNITIES FOR KEY WATER-SOLUBLE FERTILIZERS MARKET PLAYERS60
FIGURE 20GROWTH IN DEMAND FOR HIGH-VALUE CROPS, SCARCE WATER RESOURCES, AND TECHNOLOGICAL ADVANCEMENTS TO DRIVE MARKET DEMAND60
4.2WATER-SOLUBLE FERTILIZERS MARKET: SHARES OF MAJOR REGIONAL SUBMARKETS61
FIGURE 21US WAS LARGEST GLOBAL MARKET FOR WATER-SOLUBLE FERTILIZERS IN 202261
4.3ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE & KEY COUNTRY62
FIGURE 22NITROGENOUS WATER-SOLUBLE FERTILIZERS ACCOUNTED FOR LARGEST SHARE IN ASIA PACIFIC62
4.4WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE & REGION63
FIGURE 23EUROPE AND NITROGENOUS TYPE TO DOMINATE RESPECTIVE SEGMENTS63
4.5WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE64
FIGURE 24HORTICULTURAL CROPS TO LEAD DURING FORECAST PERIOD64
4.6WATER-SOLUBLE FERTILIZERS MARKET, BY FORM64
FIGURE 25DRY WATER-SOLUBLE FERTILIZERS TO DOMINATE MARKET64
4.7WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION65
FIGURE 26FERTIGATION TO LEAD OVER FOLIAR MODE OF APPLICATION65
5MARKET OVERVIEW66
5.1INTRODUCTION66
FIGURE 27BENEFITS OF WATER-SOLUBLE FERTILIZERS66
5.2MACROECONOMIC INDICATORS67
5.2.1GROWTH IN GLOBAL POPULATION AND POPULATION DENSITY67
FIGURE 28GLOBAL POPULATION, 1970–205067
TABLE 3GLOBAL POPULATION DENSITY, 202067
5.2.2RISE IN FOOD PRICES68
5.3MARKET DYNAMICS68
FIGURE 29MARKET DYNAMICS: WATER-SOLUBLE FERTILIZERS MARKET68
5.3.1DRIVERS69
5.3.1.1High efficiency of water-soluble fertilizers coupled with rise in demand for nutritive food69
5.3.1.2Ease of application69
5.3.1.3Rapid growth in greenhouse vegetable production69
5.3.1.4Decrease in arable land for agriculture70
FIGURE 30ANNUALLY AVAILABLE ARABLE LAND, 1950–2020 (HECTARES/PERSON)70
5.3.1.5Environmental concerns70
5.3.2RESTRAINTS71
5.3.2.1Growth in organic fertilizers industry71
FIGURE 31INDIA: AREA UNDER ORGANIC CERTIFICATION PROCESS, 2018–2021 (MILLION HECTARES)71
5.3.2.2Limited awareness among farmers and high costs71
5.3.3OPPORTUNITIES72
5.3.3.1Government initiatives to increase awareness to adopt agricultural technologies in emerging markets72
5.3.3.2Growth in demand for water-soluble nutrients72
5.3.4CHALLENGES72
5.3.4.1Increasing number of players with similar product formulations72
5.3.4.2Rise in prices of natural gas73
6INDUSTRY TRENDS74
6.1INTRODUCTION74
6.2TRENDS IMPACTING CUSTOMERS’ BUSINESS74
FIGURE 32TREND INVOLVING REVENUE SHIFT FOR WATER-SOLUBLE FERTILIZERS MARKET74
6.3PRICING ANALYSIS75
6.3.1AVERAGE SELLING PRICE TREND ANALYSIS75
TABLE 4NITROGENOUS WATER-SOLUBLE FERTILIZERS MARKET: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)75
TABLE 5PHOSPHATIC WATER-SOLUBLE FERTILIZERS MARKET: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)75
TABLE 6POTASSIC WATER-SOLUBLE FERTILIZERS MARKET: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)76
TABLE 7MICRONUTRIENT-BASED WATER-SOLUBLE FERTILIZERS MARKET: AVERAGE SELLING PRICE, BY REGION, 2020–2022 (USD/TON)76
6.4VALUE CHAIN ANALYSIS76
6.4.1RESEARCH & PRODUCT DEVELOPMENT76
6.4.2RAW MATERIAL SOURCING77
6.4.3PRODUCTION AND PROCESSING77
6.4.4DISTRIBUTION77
6.4.5MARKETING & SALES77
FIGURE 33VALUE CHAIN ANALYSIS OF WATER-SOLUBLE FERTILIZERS MARKET78
6.5MARKET MAPPING AND ECOSYSTEM78
6.5.1DEMAND SIDE78
6.5.2SUPPLY SIDE78
FIGURE 34WATER-SOLUBLE FERTILIZERS MARKET ECOSYSTEM MAP79
TABLE 8WATER-SOLUBLE FERTILIZERS MARKET: SUPPLY CHAIN (ECOSYSTEM)79
6.6TRADE DATA80
TABLE 9IMPORT VALUE OF FERTILIZERS INCLUDING MONO AMMONIUM PHOSPHATE, SULFATE OF POTASH, AND AMMONIUM NITRATE FOR KEY COUNTRIES, 2021 (USD THOUSAND)80
TABLE 10EXPORT VALUE OF FERTILIZERS INCLUDING MONO AMMONIUM PHOSPHATE, SULFATE OF POTASH, AND AMMONIUM NITRATE FOR KEY COUNTRIES, 2021 (USD THOUSAND)81
6.7PORTER’S FIVE FORCES ANALYSIS81
TABLE 11WATER-SOLUBLE FERTILIZERS MARKET: PORTER’S FIVE FORCES ANALYSIS82
6.7.1INTENSITY OF COMPETITIVE RIVALRY82
6.7.2BARGAINING POWER OF SUPPLIERS82
6.7.3BARGAINING POWER OF BUYERS83
6.7.4THREAT OF SUBSTITUTES83
6.7.5THREAT OF NEW ENTRANTS83
6.8TECHNOLOGY ANALYSIS84
6.9PATENT ANALYSIS84
FIGURE 35NUMBER OF PATENTS GRANTED BETWEEN 2013 AND 202385
TABLE 12PATENTS PERTAINING TO WATER-SOLUBLE FERTILIZERS, 2020–202385
6.10KEY CONFERENCES & EVENTS87
TABLE 13KEY CONFERENCES & EVENTS IN WATER-SOLUBLE FERTILIZERS MARKET, 2023–202487
6.11TARIFF AND REGULATORY LANDSCAPE88
6.11.1REGULATOR BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 14NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 15EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 16ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS89
6.11.2NORTH AMERICA: REGULATIONS89
6.11.2.1US90
6.11.3EUROPE: REGULATIONS90
6.11.4ASIA PACIFIC: REGULATIONS91
6.11.4.1China91
6.11.4.2Australia91
6.11.4.3India91
6.12KEY STAKEHOLDERS AND BUYING CRITERIA92
6.12.1INFLUENCE OF STAKEHOLDERS ON BUYING DECISIONS92
FIGURE 36INFLUENCE OF STAKEHOLDERS ON BUYING DIFFERENT TYPES OF WATER-SOLUBLE FERTILIZERS92
TABLE 17INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR WATER-SOLUBLE FERTILIZERS92
6.12.2BUYING CRITERIA93
FIGURE 37KEY BUYING CRITERIA FOR TOP WATER-SOLUBLE FERTILIZER TYPES93
TABLE 18KEY BUYING CRITERIA FOR KEY WATER-SOLUBLE FERTILIZER TYPES93
6.13CASE STUDY93
6.13.1NEED FOR STANDARD NUTRIENT MANAGEMENT PRACTICES WITH LESS UTILIZATION OF FERTILIZERS93
7WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE94
7.1INTRODUCTION95
FIGURE 38WATER-SOLUBLE FERTILIZER MACRONUTRIENTS: MAJOR FUNCTION95
FIGURE 39WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)96
TABLE 19WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)96
TABLE 20WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)96
TABLE 21WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)97
TABLE 22WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)97
7.2NITROGENOUS WATER-SOLUBLE FERTILIZERS97
7.2.1VARYING QUANTITIES AND TYPES OF NITROGENOUS FERTILIZERS REQUIRED AT DIFFERENT CROP GROWTH STAGES97
FIGURE 40BENEFITS OF NITROGENOUS WATER-SOLUBLE FERTILIZERS98
7.2.2TYPES OF NITROGENOUS FERTILIZERS98
7.2.2.1Urea98
7.2.2.2Ammonia98
7.2.2.3Ammonia nitrate99
7.2.2.4Urea-ammonia nitrate99
TABLE 23NITROGENOUS WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)99
TABLE 24NITROGENOUS WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)99
TABLE 25NITROGENOUS WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)100
TABLE 26NITROGENOUS WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)100
7.3PHOSPHATIC WATER-SOLUBLE FERTILIZERS100
7.3.1AWARENESS OF ILL EFFECTS OF LOW PHOSPHORUS IN PLANT GROWTH100
FIGURE 41BENEFITS OF PHOSPHATIC WATER-SOLUBLE FERTILIZERS101
7.3.2TYPES OF PHOSPHATIC FERTILIZERS101
7.3.2.1Phosphoric acid101
7.3.2.2Monopotassium Phosphate101
7.3.2.3Monoammonium Phosphate102
7.3.2.4Diammonium Phosphate102
7.3.2.5Other Phosphatic Fertilizers102
7.3.2.5.1Acidulated monopotassium phosphate102
7.3.2.5.2Polyphosphate fertilizers102
7.3.2.5.3Urea phosphate102
TABLE 27PHOSPHATIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)103
TABLE 28PHOSPHATIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)103
TABLE 29PHOSPHATIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)103
TABLE 30PHOSPHATIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)104
7.4POTASSIC WATER-SOLUBLE FERTILIZERS104
7.4.1HIGH REQUIREMENT OF POTASSIUM FOR PROPER NUTRIENT UPTAKE104
FIGURE 42BENEFITS OF POTASSIC WATER-SOLUBLE FERTILIZERS104
7.4.2TYPES OF POTASSIC FERTILIZERS105
7.4.2.1Potassium chloride105
7.4.2.2Potassium nitrate105
7.4.2.3Potassium sulfate105
TABLE 31POTASSIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)105
TABLE 32POTASSIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)105
TABLE 33POTASSIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)106
TABLE 34POTASSIC WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)106
7.5MICRONUTRIENTS106
7.5.1MICRONUTRIENT DEFICIENCY LEADS TO STUNTED PLANT GROWTH106
7.5.2TYPES OF MICRONUTRIENTS106
7.5.2.1Calcium (Ca)106
7.5.2.2Sulfur (S)107
7.5.2.3Boron (B)107
7.5.2.4Chlorine (Cl)107
7.5.2.5Copper (Cu)107
7.5.2.6Iron (Fe)107
7.5.2.7Manganese (Mn)107
7.5.2.8Molybdenum (Mo)107
7.5.2.9Zinc (Zn)108
TABLE 35MICRONUTRIENT-BASED WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)108
TABLE 36MICRONUTRIENT-BASED WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)108
TABLE 37MICRONUTRIENT-BASED WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)109
TABLE 38MICRONUTRIENT-BASED WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)109
8WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION110
8.1INTRODUCTION111
FIGURE 43WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)111
TABLE 39WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)112
TABLE 40WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)112
8.2FOLIAR112
8.2.1EFFICIENT NUTRIENT ABSORPTION ALONG WITH HIGH PEST RESISTANCE112
TABLE 41FOLIAR WATER-SOLUBLE FERTILIZER APPLICATION MARKET, BY REGION, 2018–2022 (USD MILLION)113
TABLE 42FOLIAR WATER-SOLUBLE FERTILIZER APPLICATION MARKET, BY REGION, 2023–2028 (USD MILLION)113
8.3FERTIGATION113
8.3.1COST-EFFECTIVE AND EASY APPLICATION113
TABLE 43FERTIGATION WATER-SOLUBLE FERTILIZER APPLICATION MARKET, BY REGION, 2018–2022 (USD MILLION)114
TABLE 44FERTIGATION WATER-SOLUBLE FERTILIZER APPLICATION MARKET, BY REGION, 2023–2028 (USD MILLION)114
9WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE115
9.1INTRODUCTION116
FIGURE 44WATER-SOLUBLE FERTILIZERS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)116
TABLE 45WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)117
TABLE 46WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)117
9.2FIELD CROPS117
9.2.1HIGHEST DEMAND AMONG CROP TYPES ACROSS REGIONS117
TABLE 47WATER-SOLUBLE FERTILIZERS MARKET IN FIELD CROPS, BY REGION, 2018–2022 (USD MILLION)118
TABLE 48WATER-SOLUBLE FERTILIZERS MARKET IN FIELD CROPS, BY REGION, 2023–2028 (USD MILLION)118
9.3HORTICULTURE119
9.3.1INCREASE IN IMPORTANCE OF CONSUMING FRUITS & VEGETABLES AND TREND OF AESTHETIC DECORATION119
9.3.2ORCHARD CROPS119
9.3.3VEGETABLE & FLOWER CROPS119
TABLE 49WATER-SOLUBLE FERTILIZERS MARKET IN HORTICULTURE, BY REGION, 2018–2022 (USD MILLION)120
TABLE 50WATER-SOLUBLE FERTILIZERS MARKET IN HORTICULTURE, BY REGION, 2023–2028 (USD MILLION)120
9.4TURF & ORNAMENTALS120
9.4.1VARYING NUTRIENT REQUIREMENTS DEMAND OPTIMUM WATER-SOLUBLE FERTILIZERS120
TABLE 51WATER-SOLUBLE FERTILIZERS MARKET IN TURF & ORNAMENTALS, BY REGION, 2018–2022 (USD MILLION)121
TABLE 52WATER-SOLUBLE FERTILIZERS MARKET IN TURF & ORNAMENTALS, BY REGION, 2023–2028 (USD MILLION)121
9.5OTHER CROP TYPES121
TABLE 53WATER-SOLUBLE FERTILIZERS MARKET IN OTHER CROP TYPES, BY REGION, 2018–2022 (USD MILLION)122
TABLE 54WATER-SOLUBLE FERTILIZERS MARKET IN OTHER CROP TYPES, BY REGION, 2023–2028 (USD MILLION)122
10WATER-SOLUBLE FERTILIZERS MARKET, BY FORM123
10.1INTRODUCTION124
FIGURE 45WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023 VS. 2028 (USD MILLION)124
TABLE 55ADVANTAGES AND DISADVANTAGES OF LIQUID AND DRY WATER-SOLUBLE FERTILIZERS125
TABLE 56WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)125
TABLE 57WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)125
10.2DRY126
10.2.1EASE OF USE AND LONGER SHELF LIFE OF DRY FERTILIZERS126
TABLE 58DRY WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)126
TABLE 59DRY WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)126
10.3LIQUID127
10.3.1UNIFORM NUTRIENT AVAILABILITY AND CONVENIENCE IN APPLICATION127
TABLE 60LIQUID WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)127
TABLE 61LIQUID WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)127
11WATER-SOLUBLE FERTILIZERS MARKET, BY REGION128
11.1INTRODUCTION129
FIGURE 46GEOGRAPHIC SNAPSHOT (2023–2028): RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS130
TABLE 62WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 63WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)130
TABLE 64WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)131
TABLE 65WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)131
11.2NORTH AMERICA131
11.2.1NORTH AMERICA: RECESSION IMPACT ANALYSIS131
FIGURE 47NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, RECESSION IMPACT ANALYSIS, 2022–2023132
TABLE 66NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)133
TABLE 67NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)133
TABLE 68NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)133
TABLE 69NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)133
TABLE 70NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)134
TABLE 71NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)134
TABLE 72NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)134
TABLE 73NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)135
TABLE 74NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)135
TABLE 75NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)135
TABLE 76NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)135
TABLE 77NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)136
TABLE 78NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)136
TABLE 79NORTH AMERICA: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)136
11.2.2US136
11.2.2.1Advancements in precision farming techniques136
TABLE 80US: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)137
TABLE 81US: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)137
TABLE 82US: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)137
TABLE 83US: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)138
11.2.3CANADA138
11.2.3.1Rise in demand for food and government support138
TABLE 84CANADA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)138
TABLE 85CANADA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)139
TABLE 86CANADA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)139
TABLE 87CANADA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)139
11.2.4MEXICO139
11.2.4.1Demand for sustainable agriculture practices139
TABLE 88MEXICO: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)140
TABLE 89MEXICO: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)140
TABLE 90MEXICO: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)140
TABLE 91MEXICO: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)141
11.3EUROPE141
11.3.1EUROPE: RECESSION IMPACT ANALYSIS142
FIGURE 48EUROPE: WATER-SOLUBLE FERTILIZERS MARKET SNAPSHOT142
TABLE 92EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (USD MILLION)143
TABLE 93EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (USD MILLION)143
TABLE 94EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2018–2022 (KT)143
TABLE 95EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY REGION, 2023–2028 (KT)144
TABLE 96EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)144
TABLE 97EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)144
TABLE 98EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)145
TABLE 99EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)145
TABLE 100EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)145
TABLE 101EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)145
TABLE 102EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)146
TABLE 103EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)146
TABLE 104EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)146
TABLE 105EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)146
11.3.2GERMANY147
11.3.2.1Increase in demand from agricultural industry and potential for crop-specific fertilizers147
TABLE 106GERMANY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)147
TABLE 107GERMANY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)147
TABLE 108GERMANY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)148
TABLE 109GERMANY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)148
11.3.3UK148
11.3.3.1Increase in consumer awareness and government support148
TABLE 110UK: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)149
TABLE 111UK: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)149
TABLE 112UK: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)149
TABLE 113UK: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)149
11.3.4FRANCE150
11.3.4.1Adoption of sustainable agriculture150
TABLE 114FRANCE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)150
TABLE 115FRANCE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)150
TABLE 116FRANCE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)151
TABLE 117FRANCE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)151
11.3.5ITALY151
11.3.5.1Demand for high-quality crops and government initiatives151
TABLE 118ITALY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)152
TABLE 119ITALY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)152
TABLE 120ITALY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)152
TABLE 121ITALY: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)152
11.3.6SPAIN153
11.3.6.1Increase in farmer awareness and government initiatives153
TABLE 122SPAIN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)153
TABLE 123SPAIN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)153
TABLE 124SPAIN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)154
TABLE 125SPAIN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)154
11.3.7REST OF EUROPE154
TABLE 126REST OF EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)154
TABLE 127REST OF EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)155
TABLE 128REST OF EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)155
TABLE 129REST OF EUROPE: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)155
11.4ASIA PACIFIC156
11.4.1ASIA PACIFIC: RECESSION IMPACT ANALYSIS156
FIGURE 49ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS SNAPSHOT157
TABLE 130ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)158
TABLE 131ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)158
TABLE 132ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2018–2022 (KT)158
TABLE 133ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2023–2028 (KT)159
TABLE 134ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)159
TABLE 135ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)159
TABLE 136ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)160
TABLE 137ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)160
TABLE 138ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)160
TABLE 139ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)160
TABLE 140ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)161
TABLE 141ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)161
TABLE 142ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)161
TABLE 143ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)161
11.4.2CHINA162
11.4.2.1High agricultural potential with larger arable land162
TABLE 144CHINA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)162
TABLE 145CHINA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)163
TABLE 146CHINA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)163
TABLE 147CHINA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)163
11.4.3INDIA163
11.4.3.1Government initiatives toward drip irrigation and fertilizer subsidies163
TABLE 148INDIA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)164
TABLE 149INDIA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)164
TABLE 150INDIA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)165
TABLE 151INDIA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)165
11.4.4JAPAN165
11.4.4.1Need to improve produce yield and quality165
TABLE 152JAPAN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)166
TABLE 153JAPAN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)166
TABLE 154JAPAN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)166
TABLE 155JAPAN: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)166
11.4.5AUSTRALIA & NEW ZEALAND167
11.4.5.1Demand for high-quality crops167
TABLE 156AUSTRALIA & NEW ZEALAND: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)167
TABLE 157AUSTRALIA & NEW ZEALAND: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)168
TABLE 158AUSTRALIA & NEW ZEALAND: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)168
TABLE 159AUSTRALIA & NEW ZEALAND: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)168
11.4.6REST OF ASIA PACIFIC168
TABLE 160REST OF ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)169
TABLE 161REST OF ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)169
TABLE 162REST OF ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)169
TABLE 163REST OF ASIA PACIFIC: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)170
11.5REST OF THE WORLD (ROW)170
11.5.1ROW: RECESSION IMPACT ANALYSIS170
TABLE 164ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)171
TABLE 165ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)171
TABLE 166ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2018–2022 (KT)171
TABLE 167ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY COUNTRY, 2023–2028 (KT)172
TABLE 168ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)172
TABLE 169ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)172
TABLE 170ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)172
TABLE 171ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)173
TABLE 172ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)173
TABLE 173ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)173
TABLE 174ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)173
TABLE 175ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)174
TABLE 176ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2018–2022 (USD MILLION)174
TABLE 177ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY FORM, 2023–2028 (USD MILLION)174
11.5.2BRAZIL174
11.5.2.1Adoption of National Fertilizer Plan174
TABLE 178BRAZIL: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)175
TABLE 179BRAZIL: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)175
TABLE 180BRAZIL: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)176
TABLE 181BRAZIL: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)176
11.5.3SOUTH AFRICA176
11.5.3.1Growth in popularity of water-soluble fertilizers176
TABLE 182SOUTH AFRICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)177
TABLE 183SOUTH AFRICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)177
TABLE 184SOUTH AFRICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)177
TABLE 185SOUTH AFRICA: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)178
11.5.4OTHERS IN ROW178
TABLE 186OTHERS IN ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (USD MILLION)178
TABLE 187OTHERS IN ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (USD MILLION)179
TABLE 188OTHERS IN ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2018–2022 (KT)179
TABLE 189OTHERS IN ROW: WATER-SOLUBLE FERTILIZERS MARKET, BY TYPE, 2023–2028 (KT)179
12COMPETITIVE LANDSCAPE180
12.1OVERVIEW180
12.2STRATEGIES ADOPTED BY KEY PLAYERS180
TABLE 190OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS180
12.3HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS183
FIGURE 50REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION)183
12.4MARKET SHARE ANALYSIS184
TABLE 191SHARE ANALYSIS OF WATER-SOLUBLE FERTILIZERS MARKET, 2022184
12.5COMPANY EVALUATION QUADRANT (KEY PLAYERS)185
12.5.1STARS185
12.5.2PERVASIVE PLAYERS185
12.5.3EMERGING LEADERS185
12.5.4PARTICIPANTS185
FIGURE 51WATER-SOLUBLE FERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS)186
12.5.5COMPANY PRODUCT FOOTPRINT (KEY PLAYERS)186
TABLE 192COMPANY FOOTPRINT, BY TYPE (KEY PLAYERS)186
TABLE 193COMPANY FOOTPRINT, BY CROP TYPE (KEY PLAYERS)187
TABLE 194COMPANY FOOTPRINT, BY MODE OF APPLICATION (KEY PLAYERS)187
TABLE 195COMPANY FOOTPRINT, BY FORM (KEY PLAYERS)188
TABLE 196COMPANY FOOTPRINT, BY REGION (KEY PLAYERS)188
TABLE 197COMPETITIVE BENCHMARKING (KEY PLAYERS)189
12.6COMPANY EVALUATION QUADRANT (STARTUPS/SMES)189
12.6.1PROGRESSIVE COMPANIES189
12.6.2STARTING BLOCKS189
12.6.3RESPONSIVE COMPANIES189
12.6.4DYNAMIC COMPANIES190
FIGURE 52WATER-SOLUBLE FERTILIZERS MARKET: COMPANY EVALUATION QUADRANT, 2022 (STARTUPS/SMES)190
TABLE 198WATER-SOLUBLE FERTILIZERS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES191
12.7COMPETITIVE SCENARIO191
12.7.1PRODUCT LAUNCHES191
TABLE 199WATER-SOLUBLE FERTILIZERS MARKET: PRODUCT LAUNCHES, 2019–2023191
TABLE 200WATER-SOLUBLE FERTILIZERS MARKET: DEALS, 2019–2022192
TABLE 201WATER-SOLUBLE FERTILIZERS MARKET: OTHERS, 2019–2022194