Water Soluble Fertilizers Market Analysis - By Product Type (Nitrogenous, Potassium, Micronutrients, Phosphate, Secondary Nutrients), By Application (Foliar, Fertigation), By Crop Type (Field, Horticultural, Plantation, Turf & Ornamental), By Region & Segment Forecast, 2017 – 2025 Summary The Global Water Soluble Fertilizers market was valued at USD 7.3 Billion in 2015, and is projected to reach USD 12.4 billion by 2025, growing at a CAGR of 5% over the forecast period. The latest market research report "Water Soluble Fertilizers Market", provides extensive insight and analysis of the Water Soluble Fertilizers Market over the next eight years (2015-2025).
Water Soluble Fertilizers Market Growth Factors: o o o o
Increasing government subsidies on water soluble fertilizers adoption Economic incentives on fertigation for reducing ground water Emerging applications of green house Growing demand for micro-irrigation systems
According to Food and Agriculture Organization (FAO), emerging nations including India and China requires additional 120 million hectares of arable land in order to fulfil the rising food demand by 2030. Rising consumer awareness pertaining to organic food products has been expected to support the industry growth. Moreover, limited arable lands, rising environmental concerns, and easy application are other factors spurring the water soluble fertilizers demand. Furthermore, growing demand for drip irrigation suitable for undulating terrain, rolling topography, barren lands, and shallow soil layers areas is expected to drive industry expansion over the forecast period. Request a sample report: http://www.jsbmarketresearch.com/sample-request/water-soluble-fertilizersmarket-analysis