Nitrogenous Water Soluble Fertilizer Market Demand, Growth And Forecast to 2034

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What Are The Historical and Projected Market Sizes And Growth Rates For The Global Nitrogenous Water Soluble Fertilizer Market?
The global nitrogenous water soluble fertilizer market has seen solid growth in the past, growing from $65.1 billion in 2024 to $69.63 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. This rise in the past can be attributed to factors such as farmers’ preferences and awareness, crop nutrient requirements, research and development, market competition, and an emphasis on crop yield and quality.
Looking ahead, the nitrogenous water soluble fertilizer market size is expected to witness robust growth in the future, reaching $92.2 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. This growth in the forecast period will likely be driven by factors including the growing population and food demand, environmental sustainability, adoption of precision agriculture, impact of climate change, and increasing awareness and education. Major trends during the forecast period include improving market accessibility, customization of fertilization programs, the rise of urban agriculture and greenhouses, adoption of hydroponics and soilless farming, and a stronger focus on crop nutrition.
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What Are The Key Drivers Of The Nitrogenous Water Soluble Fertilizer Market?
The nitrogenous water-soluble fertilizer market is set to see significant expansion driven by the growing popularity of commercial agriculture, which refers to the large-scale production of crops and livestock to generate profit. These farming practices often utilize nitrogenous water-soluble fertilizers as part of their nutrient management practices, thereby propelling the growth of the market. For instance, in May 2022, according to data from GOV.UK, total crop output income increased by $11,782 million in 2021, and total livestock output income went up by $17,626 million in 2021. This rise in popularity of commercial agriculture, therefore, stands as a major factor driving the growth of the nitrogenous water-soluble fertilizer market.
Which Segments Form The Global Nitrogenous Water Soluble Fertilizer Market?
The nitrogenous water soluble fertilizer market is segmented as follows:
1) By Type: Macroelement WSF, Microelement WSF, Other Types
2) By Crop Type: Field Crops, Horticultural Crops, Turf And Ornamentals, Other Crop Types
3) By Form: Dry, Liquid
4) By Application: Foliar, Fertigation
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Who Are The Major Players In The Nitrogenous Water Soluble Fertilizer Market?
The nitrogenous water soluble fertilizer market is home to several key companies such as Israel Chemicals Ltd., Yara International ASA, K+S AG, Coromandel International Limited, Sociedad Química y Minera de Chile, The Mosaic Company, Nutrien Ltd., COMPO GmbH & Co. KG, EuroChem Group AG, BASF SE, Adama Agricultural Solutions Ltd., and Uralchem Group. These companies have significantly contributed to the market operations and their strategic decisions influence the major trends within the nitrogenous water-soluble fertilizer market space.
What Are The Emerging Trends In The Nitrogenous Water Soluble Fertilizer Market?
A key trend gaining momentum in the nitrogenous water-soluble fertilizer market is the incorporation of technological innovations. Major companies operating in the market are embracing new technologies to strengthen their position. For instance, in September 2022, Yara International launched the YaraIrix system for nitrogen water-soluble fertilizer. The YaraIrix system includes a free app that calculates fertilizer requirements for various crops.
Which Region Holds The Largest Share In The Nitrogenous Water Soluble Fertilizer Market?
In 2024, Europe was the largest region in the nitrogenous water soluble fertilizer market. Other regions covered in the nitrogenous water soluble fertilizer market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Nitrogenous Water Soluble Fertilizer Market Report 2025 Provide?
The Nitrogenous Water Soluble Fertilizer Market research report offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Nitrogenous water-soluble fertilizer refers to a type of fertilizer that contains nitrogen in the form of water-soluble fertilizers. They can be dissolved in water and directly applied to the plant to improve nutrient use efficiency, offering better yields and higher availability of soil nutrients.
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