The Global Water Soluble Fertilizer Market is valued at approximately USD 19.49 billion in 2024 and is projected to expand with a remarkable CAGR of more than 6.50% throughout the forecast period from 2025 to 2035. Water soluble fertilizers, known for their high efficiency and quick nutrient absorption, have become an indispensable input in modern agriculture. As the pressure to maximize agricultural yield per unit of arable land intensifies—driven by population growth, climate change, and urbanization—growers are increasingly turning to precision agriculture practices. These fertilizers not only ensure targeted nutrient delivery but also minimize environmental leaching, making them critical to sustainable farming. The shifting focus toward fertigation and foliar feeding techniques is further accelerating the adoption of water soluble fertilizers globally.
In recent years, a significant uptick in horticultural and greenhouse crop production has driven demand for highly soluble nutrients that can be customized for different crop cycles. Furthermore, governments across emerging economies are rolling out farmer subsidy programs and promoting integrated nutrient management strategies, creating fertile ground for water soluble fertilizers to thrive. Technological advancements in controlled-release nutrients, micronutrient blends, and water-smart formulations have opened new avenues for industry players to differentiate their offerings. However, high initial costs, lack of awareness in certain rural areas, and potential salinity issues from overuse remain constraints that could temper growth if not addressed through training and policy reforms.
Regionally, the market exhibits diverse trends. North America commands a significant share, supported by its technologically advanced agriculture sector, widespread fertigation infrastructure, and stringent environmental standards that discourage excessive conventional fertilizer use. Meanwhile, Asia Pacific is poised to emerge as the fastest-growing region, fueled by booming population numbers, evolving food security needs, and expanding horticulture acreage in India and China. Government-backed sustainability programs and increasing investment in modern irrigation techniques are further catalyzing market penetration. Europe, with its well-regulated agriculture policies and emphasis on eco-friendly solutions, continues to demand innovation in organic and micronutrient-rich soluble fertilizers.
Major market player included in this report are:
• Yara International ASA
• Haifa Group
• ICL Group Ltd.
• Nutrien Ltd.
• The Mosaic Company
• EuroChem Group
• Uralchem JSC
• Coromandel International
• SQM S.A.
• COMPO EXPERT GmbH
• K+S Aktiengesellschaft
• Deepak Fertilisers and Petrochemicals Corporation Ltd.
• Gujarat State Fertilizers & Chemicals Ltd.
• Aries Agro Ltd.
• Indian Farmers Fertiliser Cooperative Ltd.
Global Water Soluble Fertilizer Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Type:
• Nitrogenous
• Phosphatic
• Potassic
• Micronutrients
By Mode of Application:
• Foliar
• Fertigation
By Form:
• Liquid
• Powder
• Granules
By Crop Type:
• Field Crop
• Horticulture Crop
• Turf & Ornaments
• Others
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
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