Liquid Fertilizers Market Forecast Trends Report 2025-2034: – GlobeNewswire

Global Liquid Fertilizers Market Report: Advancing Sustainable Development Goals

Market Overview and Projections

The global liquid fertilizers market was valued at USD 2.88 Billion in 2024 and is projected to expand to USD 4.43 Billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 4.40% from 2025 to 2034. This growth is attributed to the high efficiency of liquid fertilizers in delivering nutrients for rapid plant absorption, which enhances crop yields and supports global food security objectives.

Contribution to Sustainable Development Goals (SDGs)

The expansion and innovation within the liquid fertilizers market are directly contributing to several United Nations Sustainable Development Goals (SDGs):

• SDG 2 (Zero Hunger): By enabling faster growth and higher crop yields, liquid fertilizers are critical in increasing agricultural productivity to meet rising global food demands.
• SDG 12 (Responsible Consumption and Production): The market trend towards precision agriculture, customizable formulations, and efficient nutrient delivery systems promotes sustainable resource management by minimizing waste and nutrient loss.
• SDG 13 (Climate Action): The development of low-carbon fertilizers, such as those produced using renewable energy, helps reduce the carbon footprint of agricultural practices.
• SDG 15 (Life on Land): Advanced and organic liquid fertilizer formulations improve soil health and structure while reducing chemical runoff, thereby protecting terrestrial ecosystems and biodiversity.

Key Market Drivers and Trends

1. Sustainability and Eco-friendly Products: A significant market trend is the increasing demand for sustainable fertilizers that minimize environmental impact. This shift aligns with SDG 12 and SDG 15 by promoting practices that reduce nutrient runoff and enhance soil health. An example is Yara’s introduction of low-carbon fertilizers in July 2022, which supports SDG 13 by reducing emissions by 70-90%.
2. Technological Advancements in Formulation: Innovations such as slow-release mechanisms and nanotechnology are improving nutrient delivery efficiency. These advancements support SDG 2 by boosting crop yields and SDG 12 by optimizing resource use. The launch of GreenEdge, a biobased slow-release fertilizer by Green Technologies in March 2024, exemplifies this trend.
3. Rising Demand for High-Yield Crops: To address global food security challenges in line with SDG 2, there is a growing need for high-yield crops. Liquid fertilizers are instrumental in meeting this demand through efficient nutrient provision.
4. Government Support for Sustainable Agriculture: Policies promoting sustainable farming practices are accelerating market growth. Government initiatives, such as the U.S. Department of Agriculture’s BioPreferred Program, encourage the adoption of environmentally friendly fertilizers, reinforcing progress towards SDG 12 and SDG 15.

Market Segmentation Analysis

Analysis by Form

• Organic: This segment dominates the market, driven by its benefits to soil health and microbial activity. Organic liquid fertilizers contribute to SDG 15 (Life on Land) by enhancing soil structure and to SDG 12 (Responsible Consumption and Production) by reducing chemical runoff. In December 2023, Aries Agro launched a range of organic fertilizers for hydroponic systems.
• Synthetic: Synthetic fertilizers provide concentrated, rapidly absorbed nutrients, leading to quick growth and higher yields, which supports SDG 2 (Zero Hunger). Their capacity for precise nutrient management aligns with the resource efficiency goals of SDG 12. Nutrien’s launch of an enhanced efficiency liquid fertilizer in January 2024 is a key development in this area.

Market Segmentation Details

• By Type:
  • Nitrogen
  • Potassium
  • Phosphate
  • Micronutrients
• By Mode of Application:
  • Foliar
  • Aerial
  • Starter Solutions
  • Fertigation
  • Injection into Soil
• By Crop Type:
  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Commercial Crops
  • Others

Competitive Landscape

Key players in the liquid fertilizers market are focused on developing innovative plant nutrition solutions that enhance agricultural productivity while promoting sustainability. These companies are actively contributing to the SDGs by optimizing resource use, reducing emissions, and improving global food security.

Key Market Players

• Yara International ASA
• Israel Chemicals Ltd. (ICL)
• Sociedad Quimica y Minera de Chile (SQM)
• Kugler Company
• Agroliquid
• Haifa Chemicals Ltd.
• Agrium Inc.
• Plant Food Company, Inc.
• COMPO EXPERT GmbH

Analysis of Sustainable Development Goals in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 2: Zero Hunger: The article directly addresses this goal by focusing on solutions to increase agricultural productivity. It highlights the “rising demand for high-yield crops” due to increasing global food demand and explains how liquid fertilizers help meet this by promoting “faster crop growth and higher yields.”
• SDG 9: Industry, Innovation, and Infrastructure: This goal is central to the article, which discusses “technological innovations in fertiliser formulation” such as “nanotechnology, and slow-release mechanisms.” It showcases how companies are innovating to create more efficient and sustainable products, like Yara’s “low-carbon fertilisers” and Green Technologies’ “biobased slow-release fertiliser,” reflecting an upgrade of industrial capabilities for sustainability.
• SDG 12: Responsible Consumption and Production: The article emphasizes the shift towards “sustainable farming practices.” It describes how liquid fertilizers contribute to this goal through “efficient nutrient delivery,” “waste reduction,” “minimising resource overuse,” and reducing “nutrient runoff.” The trend towards “sustainable, eco-friendly products” is a core theme.
• SDG 13: Climate Action: The article connects to climate action by mentioning the development of “low-carbon fertilisers made using renewable electricity,” which aim to “reduce emissions by 70-90% compared to traditional fertilizers.” This shows a direct effort within the industry to mitigate its climate impact.
• SDG 15: Life on Land: This goal is addressed through the focus on soil health and reducing land degradation. The article states that liquid fertilizers enhance “soil structure and nutrient balance,” and organic versions “improve soil health by fostering microbial activity.” By reducing “chemical runoff,” these products help minimize the environmental impact on terrestrial ecosystems.

2. What specific targets under those SDGs can be identified based on the article’s content?

1. Target 2.4: By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems… and that progressively improve land and soil quality. The article supports this by describing how liquid fertilizers promote “sustainable farming,” boost “crop yields,” and “improve soil health.”
2. Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes. The article reflects this through its discussion of “technological advancements” and the industry’s development of “low-carbon fertilisers” and “biobased” products, which represent cleaner and more efficient industrial processes.
3. Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources. The article aligns with this target by highlighting how precision agriculture and liquid fertilizers lead to “efficient nutrient delivery,” “waste reduction,” and “minimising resource overuse.”
4. Target 12.4: By 2020, achieve the environmentally sound management of chemicals and all wastes throughout their life cycle… and significantly reduce their release to air, water and soil in order to minimize their adverse impacts on human health and the environment. The focus on reducing “chemical runoff” and “nutrient loss” directly relates to this target.
5. Target 15.3: By 2030, combat desertification, restore degraded land and soil, including land affected by desertification, drought and floods, and strive to achieve a land degradation-neutral world. The article’s emphasis on products that “improve soil health,” enhance “soil structure and nutrient balance,” and foster “microbial activity” contributes to this target of improving land and soil quality.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Increased Agricultural Productivity: The article implies this can be measured by tracking “crop yields” and “growth rates” of plants, which are boosted by liquid fertilizers.
• Adoption of Sustainable Practices and Technologies: Progress can be measured by the market share and adoption rate of “sustainable, eco-friendly products,” “low-carbon fertilisers,” and “biobased slow-release fertiliser.” The existence of government programs like the “U.S. Department of Agriculture’s BioPreferred Program” also serves as an indicator of systemic adoption.
• Reduction in Greenhouse Gas Emissions: A specific, quantifiable indicator is mentioned: the goal of Yara’s low-carbon fertilizers to “reduce emissions by 70-90% compared to traditional fertilizers.”
• Improved Resource Efficiency: This can be indicated by a reduction in “waste and nutrient loss,” “reduced fertiliser and water usage,” and less “chemical runoff” from farms using these advanced products.
• Enhanced Soil Quality: Progress can be measured by improvements in “soil health,” “soil structure,” “nutrient balance,” and “microbial activity” in agricultural lands.

Summary Table of SDGs, Targets, and Indicators

Source: globenewswire.com