According to a study by Global Market Insights Inc, the **[water soluble fertilizers market](https://www.gminsights.com/industry-analysis/water-soluble-fertilizers-market) valuation is slated to grow beyond USD 19.1 billion by 2032. Rising global food demand, positive outlook towards horticulture, and growing adoption of precision farming are some of the key factors shaping the market growth.

Increasing focus on improving agricultural yields to ensure food security for the world is shaping water soluble fertilizer market outlook for the coming years. Global population has quadrupled over the last century, with the most recent UN estimates putting the count at around 7.3 billion people. Conservative projections expect these numbers to reach 9.7 billion by 2050, which is seriously questioning the efficacy of traditional agricultural practices, especially in the backdrop of volatile climate events due to global warming.

As consumer preferences shift towards organic ingredients, the need to improve cultivational yields is redirecting capital towards the fertilizers sector. **Some of the fields available in report -**

**Some of the fields available in report -**

**Required Fields** | **Format**

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**Market Size in 2022** | USD 14.5 Billion

**Value Projection by 2032** | USD 19.1 Billion

**Compound Annual Growth Rate (CAGR) ** | 5%

** Fertigation mode of application segment CAGR** | 4.8%

** dry product segment in 2032** | 5.1% CAGR

**Asia Pacific Market in 2022**| 45% Market Share

**No. Of Tables** | 811

**Figures & Charts** | 29

**No. Of Report Pages** | 619

**Countries covered in the report** | U.S, Canada, Germany, UK, France, Spain, Turkey, Russia, Ukraine, Poland, Greece, Hungary, Bulgaria, Romania, China, India, Indonesia, Pakistan, Bangladesh, Malaysia, Thailand, Australia, Mexico, Brazil, South Africa, Egypt and Iran

**Segments covered** | Form, Product, Mode of Application, Crop and Region

**Companies covered in the report** | Yara International ASA, Israel Chemical Ltd (ICL), Nutrien Ltd, Haifa Group, K+S Aktiengesellschaft, The Mosaic Company, VAKI - CHIM Ltd., Coromandel International Limited, AGAFERT SRL, Sinochem Hong Kong (Group) Co., Ltd., Everris and COMPO EXPERT Group

**Listed below are some of the most prominent factors shaping the market scenario: **

**1. Growing prominence of vertical hydroponic and aeroponic farming**

Vertical farming is being increasingly hailed as one of the most effectively sustainable agriculture solutions that is also relatively carbon free. The practice is named after the way multiple rows of plants are grown stacked on top of one another on vertically aligned indoor towers. This way of farming and cultivation yields far higher produce per acre than a conventional farm.

These towers also do not employ any soil to grow the produce, relying only on a constant circular flow of water that has all the required water-soluble fertilizers and nutrients dissolved into it. The elimination of tilling and ploughing the field makes the practice substantially carbon neutral, which further makes the case for its adoption.

Back in 2022, the government of Abu Dhabi invested over USD 100 million towards indoor farming research, while several vertical farming startups, including Plenty, Bowery, and Brightfarms among others are foraying into the US.

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**2. Increasing focus on effectively using nitrogenous fertilizers**

As countries make serious inroads towards sustainability and carbon emission reduction, their attention is moving towards their agriculture sector. While nitrogen is regarded highly critical for produce growth as well as reproduction and is utilized in large quantities in farming, However, nitrogen-based fertilizers are also a major source of nitrous oxide emissions, which is a powerful greenhouse gas. According to the government of Australia, nitrous oxide makes up approximately 5% to 7% of global greenhouse emissions, with approximately 90% emissions coming from agriculture.

Recent studies have found that an estimated 40% to 60% of nitrogen fertilizers used in cropping as well as grazing systems, respectively, is usually lost to the environment. To counter this loss, many government agencies are rolling out farmer awareness programs to promote more effective use of the fertilizer to improve productivity while also helping farmers save money.

Many are also promoting the sourcing of nitrogen rich fertilizers naturally from things such as manure. As per the UN environment program, every 3786 liters of manure contains over 23 kgs of nitrogen, 12 kgs of potassium, 9 kgs of phosphorous, and 2 kgs of sulfur. Through effective management of livestock manures, farmers can make more effective use of these valuable nutrients while also limiting nitrogen pollution.

**3. Escalating prospects from sustainable forestry**

International trade of wood and wood products has become increasingly crucial over the past three decades. As per the UN Food and Agriculture Organization, global trade of wood and wood products became a USD 244 billion industry as of 2019, with developing economies such as China majorly fueling the sector revenues.

Several global governments are also foraying into the field of forestry in efforts to offset their carbon emissions by reducing the atmospheric carbon dioxide while also increasing the production of renewable resources.

As per a recent survey, between 2000 and 2020, more than 130.9 million hectares of the world’s land gained tree cover through forestry efforts, with European countries such as Poland, Ireland, Denmark and the Netherlands reporting some of the largest tree cover increases. This phenomenon, commonly known as afforestation, is likely to emerge as a major consumer of water soluble fertilizers apart from agriculture in coming years.

All in all, the global drive towards sustainability, emission reduction, agricultural yield optimization, and food security are likely to define growth for the water soluble fertilizers market through 2032. Moreover, increasing inclination towards the use of naturally sourced fertilizers is also likely to spur the industry scenario going forward.

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