North America Liquid Fertilizers Market - Growth, Trends and Forecasts (2017 - 2022)
The North American liquid fertilizers market, estimated at USD XX million in 2016 is expected to reach USD XX million by 2021 at a CAGR of XX%. North America has the highest market share of liquid fertilizers globally, with around 46%. The huge demand in this region has led to increased competition and companies are investing in R&D for innovative products to grab maximum market share.
North America Liquid Fertilizers Market Dynamics
The use of liquid fertilizer helps in transferring the nutrients in the most efficient way, thereby, leading to a healthier crop. The major factors which are driving the liquid fertilizers market in North America are the availability of large wagons to fill liquid fertilizers which help farmers cover huge areas of land, thus, reducing application time; limited arable land and unfavorable climatic conditions. The major restraints to this market are increased health and environmental concerns, restrictions in the supply chain, and high costs involved in the handling and storing of the liquid fertilizers.
North America Liquid Fertilizers Market Segmentation
On the basis of nutrient type nitrogen is the most widely used among micro and macro nutrients due to its easy availability at a competitive price. It is estimated to have the highest market in the forecast period.
Based on its application, the market size of the fertigation segment is the highest and its command over the market is expected to continue over the forecast period.
Key Players in the North American Liquid Fertilizers Market
The major companies in the sector include:
Haifa Chemicals Ltd.
Yara International ASA
Nachurs Alpine Solutions
Key Deliverables in the Study
Market analysis for the North America liquid fertilizer market, with region specific assessments and competition analysis.
Market overview and identification and analysis of the macro and micro factors that affect the North America liquid fertilizer market and also instrumental in changing the market scenario, on both, global and regional scales.
Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.
The report holds importance for the following stakeholders-
Producers and manufacturers
Agricultural input companies
Enterprises operating in the industry
Traders and stakeholders operating in the sector
Investors/research institutions interested in the market