According to the research report titled ‘Water Soluble Fertilizers Market Size, By Form, By Product, By Mode Of Application, By Crop, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global water soluble fertilizers market is expected to register substantial growth between 2020 and 2026.
 

Growing population and high inclination towards adopting healthy diet are key factors driving global water soluble fertilizers market dynamics. These fertilizers can be added as well as be leached out of the soil with ease and can dissolve in water. This property allows to control the amount of nutrients available in the soil for plant growth.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2905517/
 

Water soluble fertilizers also help in avoiding toxification of soil by over fertilization. Thus, rising adoption of the product in order to ensure that plants are receiving adequate amount of nutrients is further fueling the market expansion.
 

As per product type, the report states that water soluble fertilizers market share from micronutrients segment is predicted to expand substantially through 2026. Micronutrients such as boron, copper, chlorine, molybdenum, zinc, magnesium, and cobalt, play a vital role in crop growth and development.
 

Moving on to crop type, greenhouse crops segment presently holds 14% share in water soluble fertilizers industry and is anticipated to witness similar growth in the ensuing years. Proliferating sales of greenhouse crops owing to consumer preference for local vegetable and herbs have impelled the demand for such fertilizers, which in turn is positively influencing the overall market dynamics.
 

Considering the geographical landscape, the report claims that Latin America currently accounts for 10% share of worldwide water soluble fertilizers market and is poised to record continuous growth during the study duration. The region is a major producer and exporter of food owing to its large natural wealth and rapidly expanding agriculture sector. In addition to this, growing food demand is augmenting the demand for water soluble fertilizers across Latin America.
 

Alternatively, Middle East & Africa water soluble fertilizers industry is expected to grow with a CAGR of 8% through 2026. Rising water scarcity in the region have augmented the demand for the product, which in turn is promoting the business outlook in Middle East & Africa.
 

Vaki Chim Ltd., Coromandel International Limited, The Mosaic Company, Compo Expert Group, K+S AG, Agafert S.r.l., Haifa Group, Sinochem Hong Kong (Group) Co. Ltd., Everris, Nutrien Ltd., Israel Chemicals Ltd., and Yara International ASA are the major contenders in global water soluble fertilizers market landscape.