Liquid Fertilizers Market Set to Double to $ 33.16 Billion
From GlobeNewswire: 2024-06-05 11:14:00
The global liquid fertilizer market is expected to grow from USD 22.17 billion in 2024 to USD 33.16 billion by 2031, with a 5.9% CAGR driven by precision farming techniques. Organic farming trends and rising global population are key market drivers. Bio-stimulants and nitrogen-based fertilizers are trending, with specialty fertilizers and precision farming offering growth opportunities. North America leads the market, with major players including ICL Fertilizers and Yara International. Market segments include crop type, compounds, type, application, and region. Global organic pigments, food grade alcohol, agrigenomics, and sulfur hexafluoride markets are also showing growth.
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