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(EuropeNewsWire.Net, February 17, 2017 ) The reduction in soil quality has thrusted the use of liquid fertilizers that assists farmers to boost their crop return by three to four times. Moreover, there is also an increase in the demand for the proper utilization of fertilizers as the depletion of soil quality is leading to micronutrient deficit in the crops worldwide. This deficiency of micronutrients in the soil has driven the practice of employing liquid fertilizers.
The growth of the Latin America Liquid Fertilizers market is majorly driven by factors such as rising demand for high efficiency fertilizers, easy accessibility, and implementation of precision farming. However, factors such as limitations in the supply chain, growing apprehensions over health and environmental degradation, and the high costs involved in handling and storage are restraining the growth of the market in this region.
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The Latin America Liquid Fertilizers market is segmented based on Nutrient Type, Form, Mode of Application, and Crop Type. The market for Liquid Fertilizers, on the basis of Nutrient Type, is classified into Potassium, Micronutrients, Phosphate, and Nitrogen. The Nitrogen segment is the largest segment, by Nutrient Type, whereas the micronutrients segment is anticipated to grow at the highest CAGR during the forecast period. On the basis of Form, the Liquid Fertilizers market is segmented into Organic and Synthetic. Under this segment, the organic liquid fertilizers are projected to grow at a faster speed than the synthetic fertilizers. On the basis of Mode of Application, the Liquid Fertilizers market is segmented into Soil, Fertigation, Foliar, and Others. The foliar application of liquid fertilizers is the most frequently used technique as it aids in counterbalancing soil conditions and augmenting plant growth. On the basis of Crop Type, the Liquid Fertilizers market is segmented into Oil seeds, Fruits & Vegetables, Grains & Cereals, and Others. By Crop type, Grains and cereals lead the market for Liquid Fertilizers, whereas the fruits & vegetables segment is anticipated to grow at the highest CAGR during the forecast period.
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The Liquid Fertilizers market is segmented as follows:
Based on Nutrient Type:
Based on Form
Based on Mode of Application:
Based on Crop Type:
Fruits & Vegetables
Grains & Cereals
Based on Geography
The major companies dominating the Liquid Fertilizers market in this region are Haifa Chemicals Ltd., Kugler Company, Yara International ASA, Israel Chemicals Ltd, Agrium Inc., and Sociedad Quimica Y Minera SA (SQM).
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The Liquid Fertilizers Market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
Checkout related reports in the Agricultural Category:
Latin America Agrochemicals Market: http://www.marketdataforecast.com/market-reports/latin-america-agrochemicals-market-976/
Latin America Seed Market: http://www.marketdataforecast.com/market-reports/latin-america-seed-market-527/
Latin America Plant Growth Regulators Market:http://www.marketdataforecast.com/market-reports/latin-america-plant-growth-regulators-market-1331/
Latin America Phosphatic Fertilizers Market:http://www.marketdataforecast.com/market-reports/latin-america-phosphatic-fertilizers-market-926/
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