"The global water-soluble fertilizer market was valued at USD 15.08 billion in 2019 and is expected to grow to USD 36.26 billion by 2032, with a compound annual growth rate (CAGR) of 7.12% during the forecast period. Additionally, the U.S. water-soluble fertilizers market is anticipated to expand significantly, reaching an estimated USD 6.49 billion by 2032, fueled by increasing demand for high-quality crops and the adoption of specialty fertilizers. In 2019, Europe led the water-soluble fertilizer market, holding a 35.54% market share.
The growth of the water-soluble fertilizer market is driven by the increasing demand for efficient fertilizers that enhance nutrient uptake in crops and deliver nutrients in a controlled manner. The rising adoption of advanced farming techniques, along with the growing demand for fruits, vegetables, and other high-value, nutrient-rich crops, is expected to significantly contribute to the market's revenue growth."
