APAC Specialty Fertilizer Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Water Soluble Fertiliser Market

The market for water soluble fertilisers worldwide is anticipated to grow at a CAGR of 5.78%.

Phosphatic fertilisers are the most often used fertilisers after nitrogen, making them the largest sector by kind. Due to the fact that it may be applied by fertigation and foliar spray, the demand for its water-soluble form is rising.

The fastest-growing micronutrients by type: Foliar application is a tried-and-true technique for delivering micronutrients in accordance with plant needs. Crop plants respond quickly because the fertiliser is delivered directly to the vascular system of the plant, increasing the efficiency of nutrient use.

Horticultural crops make up the largest segment by crop type, with fertiliser use on the rise as a result of growers switching from field crops to horticultural crops, which resulted in a 1.46% increase in area between 2020 and 2021.

China has the largest section by country. The world's most populous nation, China, has a lot of land that may be farmed and uses a lot of fertiliser per hectare to increase crop yields.

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