Infinium Global Research Liquid fertilizer-igr | Page 3

concentrated liquid fertilizer. Liquid fertilizer proves to be beneficial as it shows quick and broad
range of effects on crops and acts as compound, thereby increasing the plant nutrient intake.
Furthermore, Adoption of precision farming and protected agriculture, increasing environmental
concerns, the fertilizers are mixed with water thereby it is easy to use and apply, increasing
demand for high-efficiency fertilizers, remains the key factor driving the growth of global Liquid
fertilizer market.In addition, the demand for liquid fertilizers has increased due to rise in need
for agricultural output to fulfil the global food requirements. Moreover, high treatment costs and
lack of awareness among farmers are the key factors restraining the growth of this market.
Disposable incomes and rapid growth in the global economy, rise in on-farm liquid fertilizer
storage, and increase in the production and yield of crops are likely to bring more opportunities
to this market.
Asia Pacific was the largest market among the geographies due the extraordinary growth,
continuous increase in the population, and support from governments as well as national and
international associations to increase the agricultural production, and increasing deficiency in
soil. Furthermore, Asia Pacific is expected to continue its dominance and is anticipated to grow
at the highest CAGR rate over the forecast period. Following the Asia Pacific region, North