Wedoany.com Report on Mar 17th, According to an exclusive report released by MarketsandMarkets™, the global water-soluble fertilizers market is projected to grow from $22.25 billion in 2026 to $31 billion by 2031, with a compound annual growth rate (CAGR) of approximately 6.9% during this period. The Asia-Pacific region is expected to account for the largest revenue share of 46.2% in 2026, while the European market also maintains a significant position due to advanced agricultural technologies and stringent environmental regulations.

The report indicates that the growth of the water-soluble fertilizers market is primarily driven by the promotion of precision agriculture and fertigation systems, with farmers shifting towards more efficient nutrient management methods to enhance crop yields and reduce environmental impact. By type, the micronutrients segment is projected to achieve the highest CAGR of 8.1% from 2026 to 2031; by application method, the foliar application segment shows the fastest growth due to its ability to facilitate rapid nutrient uptake and improve crop quality; by formulation type, the liquid segment has a CAGR of 7.3%; by crop type, the horticultural crops segment is expected to dominate the market, while the field crops segment also holds a significant share due to increasing food demand.

The European market performs notably in countries such as Spain, Italy, France, and the Netherlands, where well-developed horticultural and greenhouse industries widely adopt drip and sprinkler irrigation technologies. Government support programs for balanced fertilization and micronutrient application, along with farmers' pursuit of sustainable farming practices, further promote the adoption of water-soluble fertilizers globally. The report also lists key market players, including companies such as Nutrien (Canada), Yara International (Norway), and The Mosaic Company (USA), covering multiple regions across North America, Europe, Asia, Oceania, and South America.