Water Soluble NPK Fertilizers Global Market Report 2024

Global Water Soluble NPK Fertilizers Market Report 2024

Water Soluble NPK Fertilizers Global Market Report 2024 – By Crop Type( Field Crops, Horticultural Crops, Ornamentals, Other Crop Types ), By Application( Foliar, Fertigation) – Market Size, Trends, And Global Forecast 2024-2033

Name: Water Soluble NPK Fertilizers Global Market Report 2024
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Water Soluble NPK Fertilizers Global Market Report 2024

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Water Soluble NPK Fertilizers Market Definition

Water-soluble NPK fertilizers are fertilizers made from a combination of rich nitrogen, phosphorus, and potassium ingredients that are highly effective, quick-acting, and exceptionally helpful for improving the quality and output of all field and cash crops, as well as horticulture.

The main crop types of water soluble NPK fertilizers are field crops, horticultural crops, ornamentals, and other crop types. Field crops refer to any of the herbaceous plants that are widely planted in agricultural fields, including hay, grain, or cotton. These are used in applications such as foliar, and fertigation.

Water Soluble NPK Fertilizers Market Segmentation

The water soluble npk fertilizers market covered in this report is segmented –

1) By Crop Type: Field Crops, Horticultural Crops, Ornamentals, Other Crop Types

2) By Application: Foliar, Fertigation

Global Water Soluble NPK Fertilizers Market Size 2023 to 2028: Graph

Water Soluble NPK Fertilizers Market Size 2024 And Growth Rate

The water soluble npk fertilizers market size has grown strongly in recent years. It will grow from $12.81 billion in 2023 to $13.69 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to agricultural intensification, global population growth, shift towards commercial farming, demand for high-value crops, environmental regulations, increase in horticulture and floriculture, government subsidies and incentives, growing awareness of crop nutrition, climate variability and crop resilience.

Water Soluble NPK Fertilizers Market Growth Forecast

The water soluble npk fertilizers market size is expected to see strong growth in the next few years. It will grow to $17.44 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rising global food demand, climate-smart agriculture practices, increasing trend of soilless cultivation, biostimulants and micronutrient incorporation, economic growth and farming practices, focus on crop-specific nutrient management. Major trends in the forecast period include hydroponic and soilless farming, customized nutrient formulations, digital agriculture and farm management, integration of micronutrients, technological advancements in fertilizer manufacturing, precision agriculture technologies, specialty crop cultivation.

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Water Soluble NPK Fertilizers Market Driver: Horticulture Crop Boom To Drive Water-Soluble Npk Fertilizer Market

Rising demand for horticulture crops is expected to propel the growth of the water-soluble NPK fertilizer market going forward. Horticulture crops refer to plant crops that typically include fruits, vegetables, and ornamental plants. Rising cultivation of horticulture crops will result in increased use of water-soluble NPK fertilizers due to their water solubility and nutritional benefits enabling better plant growth and productivity. For instance, according to the estimates published in July 2022 by the Indian Department of Agriculture and Farmers Welfare, an agency responsible for agriculture and farmers' welfare in the country, in India, the total horticulture output was anticipated to reach 341.63 million tons in 2021–22, up roughly 7.03 million tons (or 2.1% increase) from 2020–21. Therefore, the rising demand for horticulture crops is expected to drive the growth of the water-soluble NPK fertilizers market.

Water Soluble NPK Fertilizers Market Driver: Expanding Population To Fuel Water Soluble Npk Fertilizers Market Growth

An increasing population is expected to propel the growth of the water-soluble NPK fertilizers market going forward. Increasing population refers to a rise in the total number of people living in a specific area, region, or country, leading to demographic growth. Water-soluble NPK fertilizers play a crucial role in increasing global food production by providing a readily available and balanced nutrient supply, ensuring higher crop yields to meet the demands of a growing population. For instance, in November 2022, according to the United Nations, a US-based intergovernmental organization, the world's population is expected to increase by nearly 2 billion people in the next 30 years, from the current 8 billion to 9.7 billion in 2050. Therefore, the increasing population is expected to drive the growth of the water-soluble NPK fertilizers market.

Global Water Soluble NPK Fertilizers Market Major Players

Major companies operating in the water soluble npk fertilizers market report are Haifa Chemicals Ltd., Yara International ASA, Arab Potash Company, OMEX Agricultural Holdings Limited, Acron Group, Coromandel International Limited, EuroChem Group AG, Hebei Monband Water Soluble Fertilizer Co. Ltd., Indian Farmers Fertiliser Cooperative Limited, ICL Group Ltd., K+S Aktiengesellschaft AG, PhosAgro PJSC, Uralchem Integrated Chemicals Company, Grupa Azoty S.A., Chambal Fertilisers and Chemicals Ltd., Deepak Fertilisers and Petrochemicals Corporation Limited, Nutrien Ltd., Iowa Fertilizer Company, Qatar Fertiliser Company, Israel Chemical Limited, Sociedad Quimica Y Minera SA, BMS Micro-Nutrients NV, Compo Expert, Nutrien Limited, The Mosaic Company, Gujarat Aksha Fertilizer Company, Tanvi Bio Chemical Pvt Ltd., Volkschem Crop Science Pvt Ltd., Antares Chem Private Limited, Ram Shree Chemicals

Global Water Soluble NPK Fertilizers Market Trend: Advanced Technology Revolutionizes Water-Soluble Npk Fertilizer Market

The adoption of advanced technology is a key trend gaining popularity in the water-soluble NPK fertilizers market. Major market players are concentrating their efforts on incorporating innovative technologies in their fertilizers offering better root growth as well as disease resistance and sustaining their position in the market. For instance, in September 2021, Coromandel International Limited, an India-based chemical manufacturing company, launched GroShakti Plus fertilizer based on EnPhos Technology. Because of the robust plant development and improved disease resistance, this technology provides better root development, faster growth, and higher-quality yields. This fertilizer has all major NPK nutrients with the maximum nutrient content among complex fertilizers making it a great product for farmers.

Global Water Soluble NPK Fertilizers Market Trend: Enhancing Agricultural Productivity Through Specialized Formulations

Major companies operating in the water-soluble NPK fertilizer market are increasing their focus on introducing high-purity fertilizers to gain a competitive edge in the market. High-purity fertilizers contain high concentrations of essential plant nutrients with minimal impurities. For instance, in June 2023, ICL Group Ltd., an Israel-based fertilizer company, launched an advanced line of water-soluble micronutrients and N-P-K fertilizers in the North American agriculture market. These products are designed to provide high-purity, water-soluble N-P-Ks and micronutrients tailored to crop nutrient demands, with a focus on effectively delivering nutrients through foliar and fertigation methods. The products are uniquely formulated to maximize solubility and offer a high degree of compatibility with most herbicides and crop protectants, contributing to their effectiveness in agricultural applications.

Water Soluble NPK Fertilizers Market Merger And Acquisition: Yara Suomi Oy Expands Organic Fertilizer Portfolio With Ecolan Acquisition

In September 2021, Yara Suomi Oy, a Finland-based chemical company specializing in the production and distribution of fertilizers, acquired Ecolan Oy for an undisclosed amount. Through this acquisition, Yara will expand its organic fertilizer portfolio, crop nutrition solutions, and products reach to Europe. Ecolan Oy is a Finland-based company that produces recycled fertilizers.

Regional Outlook For The Global Water Soluble NPK Fertilizers Market

Europe was the largest region in the water soluble NPK fertilizers market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the water soluble npk fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the water soluble npk fertilizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The water-soluble NPK fertilizers market consists of sales of water-soluble NPK fertilizers such as compound fertilizers. Values in this market are "factory gate" values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The water soluble NPK fertilizers market research report is one of a series of new reports from The Business Research Company that provides water soluble NPK fertilizers market statistics, including water soluble NPK fertilizers industry global market size, regional shares, competitors with a water soluble NPK fertilizers market share, detailed water soluble NPK fertilizers market segments, market trends and opportunities, and any further data you may need to thrive in the water soluble NPK fertilizers industry. This water soluble NPK fertilizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Water Soluble NPK Fertilizers Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$13.69 billion
Revenue Forecast In 2033	$17.44 billion
Growth Rate	CAGR of 6.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Crop Type: Field Crops, Horticultural Crops, Ornamentals, Other Crop Types 2) By Application: Foliar, Fertigation
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Haifa Chemicals Ltd.; Yara International ASA; Arab Potash Company; OMEX Agricultural Holdings Limited; Acron Group; Coromandel International Limited; EuroChem Group AG; Hebei Monband Water Soluble Fertilizer Co. Ltd.; Indian Farmers Fertiliser Cooperative Limited; ICL Group Ltd.; K+S Aktiengesellschaft AG; PhosAgro PJSC; Uralchem Integrated Chemicals Company; Grupa Azoty S.A.; Chambal Fertilisers and Chemicals Ltd.; Deepak Fertilisers and Petrochemicals Corporation Limited; Nutrien Ltd.; Iowa Fertilizer Company; Qatar Fertiliser Company; Israel Chemical Limited; Sociedad Quimica Y Minera SA; BMS Micro-Nutrients NV; Compo Expert; Nutrien Limited; The Mosaic Company; Gujarat Aksha Fertilizer Company; Tanvi Bio Chemical Pvt Ltd.; Volkschem Crop Science Pvt Ltd.; Antares Chem Private Limited; Ram Shree Chemicals
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Water Soluble NPK Fertilizers Market Characteristics

3. Water Soluble NPK Fertilizers Market Trends And Strategies

4. Water Soluble NPK Fertilizers Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Water Soluble NPK Fertilizers Market Size and Growth

5.1. Global Water Soluble NPK Fertilizers Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Water Soluble NPK Fertilizers Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Water Soluble NPK Fertilizers Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Water Soluble NPK Fertilizers Market Segmentation

6.1. Global Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Field Crops

Horticultural Crops

Ornamentals

Other Crop Types

6.2. Global Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Foliar

Fertigation

7. Water Soluble NPK Fertilizers Market Regional And Country Analysis

7.1. Global Water Soluble NPK Fertilizers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Water Soluble NPK Fertilizers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Water Soluble NPK Fertilizers Market

8.1. Asia-Pacific Water Soluble NPK Fertilizers Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Water Soluble NPK Fertilizers Market

9.1. China Water Soluble NPK Fertilizers Market Overview

9.2. China Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Water Soluble NPK Fertilizers Market

10.1. India Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Water Soluble NPK Fertilizers Market

11.1. Japan Water Soluble NPK Fertilizers Market Overview

11.2. Japan Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Water Soluble NPK Fertilizers Market

12.1. Australia Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Water Soluble NPK Fertilizers Market

13.1. Indonesia Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Water Soluble NPK Fertilizers Market

14.1. South Korea Water Soluble NPK Fertilizers Market Overview

14.2. South Korea Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Water Soluble NPK Fertilizers Market

15.1. Western Europe Water Soluble NPK Fertilizers Market Overview

15.2. Western Europe Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Water Soluble NPK Fertilizers Market

16.1. UK Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Water Soluble NPK Fertilizers Market

17.1. Germany Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Water Soluble NPK Fertilizers Market

18.4. France Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Water Soluble NPK Fertilizers Market

19.7. Italy Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Water Soluble NPK Fertilizers Market

20.10. Spain Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Water Soluble NPK Fertilizers Market

21.1. Eastern Europe Water Soluble NPK Fertilizers Market Overview

21.2. Eastern Europe Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Water Soluble NPK Fertilizers Market

22.1. Russia Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Water Soluble NPK Fertilizers Market

23.1. North America Water Soluble NPK Fertilizers Market Overview

23.2. North America Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Water Soluble NPK Fertilizers Market

24.1. USA Water Soluble NPK Fertilizers Market Overview

24.2. USA Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Water Soluble NPK Fertilizers Market

25.1. Canada Water Soluble NPK Fertilizers Market Overview

25.2. Canada Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Water Soluble NPK Fertilizers Market

26.1. South America Water Soluble NPK Fertilizers Market Overview

26.2. South America Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Water Soluble NPK Fertilizers Market

27.1. Brazil Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Water Soluble NPK Fertilizers Market

28.1. Middle East Water Soluble NPK Fertilizers Market Overview

28.2. Middle East Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Water Soluble NPK Fertilizers Market

29.1. Africa Water Soluble NPK Fertilizers Market Overview

29.2. Africa Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Water Soluble NPK Fertilizers Market Competitive Landscape And Company Profiles

30.1. Water Soluble NPK Fertilizers Market Competitive Landscape

30.2. Water Soluble NPK Fertilizers Market Company Profiles

30.2.1. Haifa Chemicals Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Yara International ASA

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Arab Potash Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. OMEX Agricultural Holdings Limited

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Acron Group

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Water Soluble NPK Fertilizers Market Competitive Benchmarking

32. Global Water Soluble NPK Fertilizers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Water Soluble NPK Fertilizers Market

34. Water Soluble NPK Fertilizers Market Future Outlook and Potential Analysis

34.1 Water Soluble NPK Fertilizers Market In 2028 - Countries Offering Most New Opportunities

34.2 Water Soluble NPK Fertilizers Market In 2028 - Segments Offering Most New Opportunities

34.3 Water Soluble NPK Fertilizers Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Water Soluble NPK Fertilizers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Water Soluble NPK Fertilizers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Haifa Chemicals Ltd. Financial Performance

Table 52: Yara International ASA Financial Performance

Table 53: Arab Potash Company Financial Performance

Table 54: OMEX Agricultural Holdings Limited Financial Performance

Table 55: Acron Group Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Water Soluble NPK Fertilizers Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Water Soluble NPK Fertilizers Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Water Soluble NPK Fertilizers Market, Segmentation By Crop Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Water Soluble NPK Fertilizers Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Haifa Chemicals Ltd. Financial Performance

Figure 52: Yara International ASA Financial Performance

Figure 53: Arab Potash Company Financial Performance

Figure 54: OMEX Agricultural Holdings Limited Financial Performance

Figure 55: Acron Group Financial Performance

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Frequently Asked Questions

What is the definition of the water soluble NPK fertilizers market?

How will the water soluble NPK fertilizers market drivers and restraints affect the water soluble NPK fertilizers market dynamics? What forces will shape the water soluble NPK fertilizers industry going forward?

The water soluble NPK fertilizers market major growth driver - horticulture crop boom to drive water-soluble npk fertilizer market. For further insights on the water soluble NPK fertilizers market, request a sample here

What is the forecast market size or the forecast market value of the water soluble NPK fertilizers market ?

The water soluble NPK fertilizers market size has grown strongly in recent years. It will grow from $12.81 billion in 2023 to $13.69 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to agricultural intensification, global population growth, shift towards commercial farming, demand for high-value crops, environmental regulations, increase in horticulture and floriculture, government subsidies and incentives, growing awareness of crop nutrition, climate variability and crop resilience. The water soluble NPK fertilizers market size is expected to see strong growth in the next few years. It will grow to $17.44 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rising global food demand, climate-smart agriculture practices, increasing trend of soilless cultivation, biostimulants and micronutrient incorporation, economic growth and farming practices, focus on crop-specific nutrient management. Major trends in the forecast period include hydroponic and soilless farming, customized nutrient formulations, digital agriculture and farm management, integration of micronutrients, technological advancements in fertilizer manufacturing, precision agriculture technologies, specialty crop cultivation. For further insights on the water soluble NPK fertilizers market, request a sample here

How is the water soluble NPK fertilizers market segmented?

The water soluble NPK fertilizers market is segmentedThe water soluble NPK fertilizers market covered in this report is segmented –
1) By Crop Type: Field Crops, Horticultural Crops, Ornamentals, Other Crop Types
2) By Application: Foliar, FertigationFor further insights on the water soluble NPK fertilizers market, request a sample here

Which region has the largest share of the water soluble NPK fertilizers market? What are the other regions covered in the report?

Europe was the largest region in the water soluble NPK fertilizers market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the water soluble NPK fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the water soluble NPK fertilizers market, request a sample here.

Who are the major players in the water soluble NPK fertilizers market?

Major companies operating in the water soluble NPK fertilizers market report are Haifa Chemicals Ltd., Yara International ASA, Arab Potash Company, OMEX Agricultural Holdings Limited, Acron Group, Coromandel International Limited, EuroChem Group AG, Hebei Monband Water Soluble Fertilizer Co. Ltd., Indian Farmers Fertiliser Cooperative Limited, ICL Group Ltd., K+S Aktiengesellschaft AG, PhosAgro PJSC, Uralchem Integrated Chemicals Company, Grupa Azoty S.A., Chambal Fertilisers and Chemicals Ltd., Deepak Fertilisers and Petrochemicals Corporation Limited, Nutrien Ltd., Iowa Fertilizer Company, Qatar Fertiliser Company, Israel Chemical Limited, Sociedad Quimica Y Minera SA, BMS Micro-Nutrients NV, Compo Expert, Nutrien Limited, The Mosaic Company, Gujarat Aksha Fertilizer Company, Tanvi Bio Chemical Pvt Ltd., Volkschem Crop Science Pvt Ltd., Antares Chem Private Limited, Ram Shree Chemicals For further insights on the water soluble NPK fertilizers market, request a sample here.

What are the key trends in the water soluble NPK fertilizers market?

Major trend in the water soluble NPK fertilizers market - advanced technology revolutionizes water-soluble npk fertilizer market. For further insights on the water soluble NPK fertilizers market, request a sample here.

What are the major opportunities in the water soluble NPK fertilizers market? What are the strategies for the water soluble NPK fertilizers market?

For detailed insights on the major opportunities and strategies in the water soluble NPK fertilizers market, request a sample here.

How does the water soluble NPK fertilizers market relate to the overall economy and other similar markets?

For detailed insights on water soluble NPK fertilizers market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the water soluble NPK fertilizers industry?

For detailed insights on the mergers and acquisitions in the water soluble NPK fertilizers industry, request a sample here.

What are the key dynamics influencing the water soluble NPK fertilizers market growth? SWOT analysis of the water soluble NPK fertilizers market.

For detailed insights on the key dynamics influencing the water soluble NPK fertilizers market growth and SWOT analysis of the water soluble NPK fertilizers industry, request a sample here.