The liquid fertilizer market is estimated to be valued at USD 23.52 Bn in 2025 and is expected to reach USD 35.63 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2032.
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The growing adoption of precision farming and environment-friendly fertilizers is supporting the increased usage of liquid fertilizers among farmers globally. The market is expected to witness significant growth over the forecast period. The rise in population and declining availability of cultivable land is increasing the demand for high crop yields, propelling the need for efficient nutrient delivery systems like liquid fertilizers. Furthermore, liquid fertilizers have better absorption rate and ensure uniform distribution of nutrients to plants, thereby improving crop quality and yield.
Rising Global Population
As the world's population continues to grow at a significant pace, the demand for food is expected to rise exponentially in the coming years. It is estimated that the global population will reach nearly 10 billion by 2050 which will require enormous amount of food production. With limited agricultural land available and degrading soil health in many regions, there is an urgent need to boost crop yields in a sustainable manner. Liquid fertilizers can play a vital role here as they help maximize the nutrient uptake by plants. Being soluble in water, liquid fertilizers are easily absorbed by plant roots and ensure that key macro and micronutrients reach different parts of the crop. This leads to higher productivity even when applied in smaller quantities. With agricultural outputs needing to increase substantially, liquid fertilizers are expected to gain more popularity among farmers globally as they seek to feed the swelling population.
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