Hyderabad, India -- (SBWire) -- 03/09/2018 --The Global Liquid Fertilizers Market is expected to reach USD 15.56 Billion by 2021, according to a new report by Market Data Forecast, Inc.
The ever-increasing demand for food and depletion of cultivable land has made the use of fertilizers inevitable. Liquid Fertilizers are majorly used to make up for the lack of micronutrients in the soil.
The rising interest in high productivity fertilizers and the easy implement ability of precision farming are some of the key growth factors of the market. The high costs of production and storage, growing concerns about the safety of usage are some of the major hindering factors.
Browse full research report with TOC on "Liquid Fertilizers Market By Nutrient Type (Potassium, Micronutrients, Phosphate, Nitrogen), By Form (Organic, Synthetic), By Mode Of Application (Soil, Fertigation, Foliar, And Others), By Crop Type (Oil Seeds, Fruits & Vegetables, Grains & Cereals, And Others) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)" at:
https://www.marketdataforecast.com/market-reports/global-liquid-fertilizers-market-1355/
Market Data Forecast has segmented the global liquid fertilizers by Type, by Mode of application, by
Crop type and by Form.
Major manufacturers operating in the market are Haifa Chemicals Ltd., Kugler Company, Yara International ASA, Israel Chemicals Ltd, Agrium Inc., and Sociedad Quimica Y Minera SA (SQM).
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Further Key Findings From the Report Suggest:
The Nitrogen segment by Nutrient Type has commanded the major share of the market in 2016 while the micronutrients segment as a whole is expected to witness major growth
The Organic liquid fertilizers are expected to have an upper hand in terms of market growth when compared to synthetic liquid fertilizers.
By Crop type, Grains and cereals lead the global market for Liquid Fertilizers, whereas the fruits & vegetable segment is anticipated to grow at the highest CAGR during the forecast period.
Asia-Pacific has dominated the global market as is expected to continue doing so throughout the forecast period.
North America is the second largest market geographically
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Browse related reports by Market Data Forecast:
Crop Protection Pesticides- https://www.marketdataforecast.com/market-reports/global-crop-protection-pesticides-market-452/
Bio Pesticide Market- https://www.marketdataforecast.com/market-reports/global-bio-pesticide-market-484/
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