Water-Soluble Fertilizers Market

The water-soluble fertilizers market is estimated at USD 22.25 billion in 2026 and is projected to reach USD 31.00 billion by 2031, at a CAGR of 6.9%. The global water-soluble fertilizers (WSF) market is expanding because of government policies that support nutrient management efficiency, farmers who need high-quality residue-free crops, and the adoption of precision and fertigation-based farming systems. The market for nitrogen-, phosphorus-, and potassium-based WSF products shows leadership through its advanced formulations, which enhance both solubility and nutrient accessibility for various agricultural applications. The market growth results from specialized fertilizer manufacturers and large agrochemical companies, which both expand their WSF investments through their technological advancements and their participation in public programs that enhance sustainable crop nutrition.

The water-soluble fertilizer market has its dominant companies, which include Yara International, Nutrien, Coromandel International, and Haifa Chemicals. Yara International sustains its international market presence by investing in modern WSF product development and fertigation systems, which provide advanced agricultural solutions for high-value crops. Nutrien develops innovative water-soluble nutrient solutions through its extensive research capabilities while it markets a complete range of nitrogen, phosphorus, and potassium-based fertilizers. Coromandel International expands its WSF offerings through micronutrient-enriched blends and digital crop nutrition tools, which help farmers achieve maximum yield and efficiency. The major market player, Haifa Chemicals, uses its worldwide distribution network to expand the market for specialized water-soluble fertilizers, which include both fully water-soluble NPK and specialty formulations designed for soil and foliar and fertigation applications.

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Yara International (Norway)

PhosAgro operates as a leading worldwide manufacturer of phosphate-based fertilizers while expanding its production capacity of water-soluble fertilizers (WSF), which serve high-value crop production and intensive agricultural practices. The company provides fully water-soluble MAP, DAP, NPK, and specialty phosphate products, which farmers can use for fertigation and foliar applications to achieve efficient nutrient delivery and enhanced phosphorus availability in various cropping systems.

PhosAgro enhances its WSF market position through ongoing investments in production technology and product development, which include high-purity phosphate materials used in drip irrigation and greenhouse agricultural systems. The company uses its international distribution network to help farmers in major agricultural regions adopt WSF products while maintaining a product line that supports sustainable nutrient management and precision agricultural practices.

In January 2023, PhosAgro launched APALIQUA water-soluble monoammonium phosphate (MAP), whose production began at the Volkhov facility. This highly water-soluble MAP is mainly for fertigation & foliar use with excellent solubility. It supports modern irrigation systems & provides rapid nutrient availability.

BASF SE (Germany)

The Mosaic Company operates as the top worldwide producer of phosphate and potash fertilizers while expanding its WSF business to serve high-value crops grown on intensive farming operations. The company provides soluble phosphate and potash and NPK formulations, which work for fertigation and foliar applications to deliver nutrients efficiently while enhancing crop performance in precision farming systems.

Mosaic develops its WSF product line through research studies on nutrient use efficiency, which include product development, process enhancement, and agronomic research studies. The company uses its extensive global distribution network to expand WSF product availability in essential agricultural regions while advancing its dedication to sustainable crop nutrition methods, which improve productivity.

In September 2025, The Mosaic Company launched MicroEssentials as part of its strategy to expand its presence in the water-soluble fertilizers market and provide innovative solutions to modern agriculture challenges. MicroEssentials can increase crop yields by up to 7% compared to conventional fertilizers. The product’s balanced nutrient composition also helps improve crop quality, such as increasing protein content in wheat. The company has invested in increasing its production capacity to meet the growing demand.

Market Ranking

The global water-soluble fertilizers (WSF) market features Yara International, Nutrien Ltd., and Haifa Group as major market players. Yara International uses its research and development strengths together with its worldwide production and distribution system to create new water-soluble nutrient products that agricultural professionals can use in fertigation and foliar feeding. Nutrien Ltd. produces a wide range of soluble nitrogen, phosphorus, and potassium fertilizers, which customers can use with precision nutrient management practices to achieve environmentally sustainable cereal, fruit, and vegetable, and row crop production throughout the world. Haifa Group grows its international WSF operations through ongoing development of its complete water-soluble NPK and special product lines, which it supports through business alliances and agricultural knowledge to enable farmers to deliver clean nutritional solutions for their high-intensity agricultural work.

Recent developments in the water-soluble fertilizers market demonstrate a clear focus on enhanced efficacy, operational efficiency, and strategic collaborations. In September 2025, The Mosaic Company introduced MicroEssentials Soluble DUO, a micronutrient-enriched WSF designed to improve yield and crop quality, supported by investments in higher production capacity. In February 2025, Haifa Group launched Haifa Soluble DUA, a fertigation-grade product balancing potassium and calcium while reducing nitrogen input for more sustainable nutrient uptake. In April 2023, Zuari FarmHub, in partnership with Novozymes South Asia, introduced Poorna Advanced, a 100% water-soluble nitrogenous fertilizer using LCO promoter technology to enhance root–microbe interaction and nutrient absorption. In January 2023, PhosAgro launched APALIQUA, a highly water-soluble monoammonium phosphate (MAP 12:61) for fertigation and foliar use with rapid nutrient availability. In August 2023, ICL Group Ltd. introduced Nova PULSE, a water-soluble NPK fertilizer with added micronutrients formulated to improve nutrient uptake and support balanced crop development through fertigation and foliar application.

Related Reports:

"Water-soluble Fertilizers Market by Type (Nitrogenous, Phosphatic, Potassic, and Micronutrients), Mode of Application (Foliar and Fertigation), Form, Crop Type (Field Crop, Horticulture Crop, Turf & Ornaments, Others), and Region - Global Forecast to 2031"

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