Market Research Future (Food and Beverages) Water-Soluble Fertilizers Market Research Report | Page 3

Water-soluble fertilizers Market Research Report – Forecast to 2023
2 Market Overview
Water-soluble fertilizers are fertilizers of natural or synthetic origin that can mix with a solvent, especially water,
before being applied on crops. With water-soluble fertilizers, it is easy to maintain the exact amount of nutrients
available to plants. Water-soluble fertilizers are rapidly soluble in water and helps in fertigation & foliar by releasing
essential plant nutrients at root zone and leaves respectively where they are absorbed and used elsewhere in the
plant system.
With ever-growing population necessity for food security arises and decreasing overall land suitable for agriculture
are key growth factors for water-soluble fertilizers market. The high efficiency of water-soluble fertilizers compared
to other types of fertilizers is likely to boost water-soluble fertilizers market during the forecast period. High efficiency,
a limited amount of land suitable for growing crops, and growing environmental concerns are key growth factors for
the water-soluble fertilizer industry. However, high production costs and the threat of substitute by organic farming
alternatives are among key restraining factors and may hamper the growth of water-soluble fertilizer market.
Regional Analysis:
Geographically, Europe is anticipated to dominate the global water-soluble fertilizers market owing to increasing
awareness among cultivators about the benefits of fertilizers on crops, followed by North America during the forecast
period. Asia-pacific is projected to be the fastest growing region in the market owing to the growth in exports of
fertilizers and agricultural technologies.
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