The Global Agricultural Water Soluble Fertilizer Market was valued at USD 16.5 Billion in 2023 and is projected to reach USD 24.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This robust growth is propelled by the global shift toward precision agriculture, rising food demand, and the increasing adoption of high-efficiency fertigation and foliar application techniques.

As modern farming evolves to meet sustainability and productivity goals, water soluble fertilizers (WSFs) have become instrumental. They offer superior nutrient uptake, reduced environmental impact, and compatibility with advanced irrigation systems. In this blog, we profile the Top 10 Companies in the Agricultural Water Soluble Fertilizer Industry—established chemical giants and specialized innovators leading the charge in smart nutrient management.

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🔟 1. Haifa Chemicals Ltd.

Headquarters: Haifa, Israel
Key Offering: Multi-K™ potassium nitrate, water-soluble NPK blends, specialty micronutrients

Haifa Chemicals is a globally recognized pioneer in the WSF market, renowned for its high-purity, chloride-free fertilizers. The company’s products are specifically designed for fertigation and foliar feeding, serving high-value crops like fruits, vegetables, and flowers. Their patented production processes ensure high nutrient solubility and plant availability.

Sustainability & Innovation Initiatives:

• Leading producer of controlled-release and water-soluble fertilizers

• Strong R&D focus on enhancing nutrient use efficiency (NUE)

• Commitment to reducing the environmental footprint of agriculture

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Agricultural Water Soluble Fertilizer Market – View in Detailed Research Report

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9️⃣ 2. Yara International ASA

Headquarters: Oslo, Norway
Key Offering: YaraLiva® (calcium nitrate), YaraVita® (micronutrients), YaraMila® (complex NPKs)

Yara is a global leader in crop nutrition, with a comprehensive portfolio of water-soluble fertilizers. The company leverages its deep agronomic expertise to develop solutions that address specific crop needs and soil conditions. Yara’s digital farming tools, like the Atfarm platform, integrate with its WSF offerings to enable precision application.

Sustainability & Innovation Initiatives:

• Ambitious goal to reduce CO2 emissions by 30% by 2030

• Pioneering green ammonia production for sustainable fertilizers

• Extensive farmer education programs on balanced nutrition

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8️⃣ 3. ICL Group Ltd.

Headquarters: Tel Aviv, Israel
Key Offering: controlled-release fertilizers, water-soluble Polysulphate®, soluble PK blends

ICL is a major multinational manufacturer of fertilizers and specialty chemicals. Its specialty agriculture division produces a wide array of WSFs that cater to the demands of modern, resource-efficient farming. ICL’s focus on innovative, sustainable products positions it as a key player in the market’s growth.

Sustainability & Innovation Initiatives:

• Investment in next-generation controlled-release and soluble technology

• Development of fertilizers from unique mineral resources (e.g., Polysulphate)

• Commitment to sustainable mining and manufacturing practices

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7️⃣ 4. Sociedad Química y Minera de Chile (SQM)

Headquarters: Santiago, Chile
Key Offering: Potassium nitrate, sodium nitrate, soluble specialty fertilizers

SQM is one of the world’s largest producers of potassium nitrate and lithium, with a strong foothold in the premium WSF segment. Its fertilizers are derived from unique natural caliche ore deposits in the Atacama Desert, offering high solubility and low salt index, which is ideal for sensitive crops and fertigation systems.

Sustainability & Innovation Initiatives:

• World’s leading producer of specialty plant nutrition based on nitrates

• Implementation of water and energy efficiency programs in production

• Strong commitment to community and environmental stewardship in Chile

Download FREE Sample Report:
Agricultural Water Soluble Fertilizer Market – View in Detailed Research Report

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6️⃣ 5. The Mosaic Company

Headquarters: Tampa, Florida, USA
Key Offering: MicroEssentials®, Pegasus®, soluble phosphate and potash products

Mosaic is a leading producer and marketer of concentrated phosphate and potash, essential components of WSFs. The company offers a range of high-quality, soluble nutrient sources that are critical for blending customized fertilizer solutions for fertigation. Its extensive distribution network ensures global reach.

Sustainability & Innovation Initiatives:

• Focus on product innovation to improve nutrient efficiency (e.g., MicroEssentials)

• Commitment to responsible phosphate mining and water management

• Investment in digital tools to support 4R Nutrient Stewardship

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5️⃣ 6. EuroChem Group

Headquarters: Zug, Switzerland
Key Offering: Water-soluble NPK fertilizers, ammonium nitrate, complex fertilizers

EuroChem is a leading global fertilizer producer with integrated mining and production operations. The company produces a broad portfolio of WSFs, supported by significant in-house production of key raw materials like phosphate rock and potash. This vertical integration provides a competitive edge in cost and supply chain stability.

Sustainability & Innovation Initiatives:

• Expansion of production capacity for high-analysis NPK fertilizers

• Development of tailored solutions for different soils and climates

• Focus on sustainable mining practices and environmental protection

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4️⃣ 7. Coromandel International Limited

Headquarters: Secunderabad, India
Key Offering: Gromor SOP, water-soluble NPKs, specialty micronutrient mixtures

Coromandel is one of India’s largest fertilizer manufacturers and a key player in the WSF market, particularly in the Asia-Pacific region. The company has a strong distribution network and a focus on providing innovative nutrient solutions to Indian farmers, promoting the adoption of fertigation for water-scarce regions.

Sustainability & Innovation Initiatives:

• Promotion of water-saving fertigation practices among Indian farmers

• Investment in R&D for nano-fertilizers and bio-stimulant combinations

• Large-scale soil testing and farmer outreach programs

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3️⃣ 8. Sinclair Ltd.

Headquarters: Grimsby, United Kingdom
Key Offering: Specialist water-soluble feeds, foliar nutrients, biostimulants

Sinclair is a UK-based company specializing in high-quality, professional horticultural nutrition. It is renowned for its technically advanced WSF formulations for protected cropping, hydroponics, and high-value outdoor crops. The company emphasizes agronomic support and tailored nutrition programs.

Sustainability & Innovation Initiatives:

• Expertise in formulating chelated micronutrients for optimal uptake

• Development of integrated nutrition programs that reduce waste

• Strong focus on the professional horticulture and turf management sectors

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2️⃣ 9. Kingenta Ecological Engineering Group Co., Ltd.

Headquarters: Linshu, Shandong, China
Key Offering: Water-soluble fertilizers, controlled-release fertilizers, soil amendments

Kingenta is a leading Chinese enterprise focused on developing and producing eco-friendly fertilizers. It has a significant market share in China and a growing international presence. The company invests heavily in R&D to create innovative WSF products that enhance crop yield and quality while minimizing environmental impact.

Sustainability & Innovation Initiatives:

• Pioneering the development of synchronized-release fertilizers

• National-level technology center driving product innovation

• Promotion of “green” fertilizer products aligned with China’s agricultural policies

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1️⃣ 10. COMPO EXPERT GmbH

Headquarters: Münster, Germany
Key Offering: Hakaphos® soluble NPKs, specialty micronutrients, biostimulant blends

COMPO EXPERT is a global specialist in premium plant nutrition and care products for professional users. The company’s high-purity, chloride-free WSFs are formulated for precision agriculture, hydroponics, and fertigation systems. Their solutions are backed by strong technical advisory services.

Sustainability & Innovation Initiatives:

• Focus on developing highly efficient and environmentally compatible products

• Integration of biostimulants with WSFs for enhanced plant health

• Strong presence in high-value crop segments across Europe, Americas, and Asia

Get Full Report Here:
Agricultural Water Soluble Fertilizer Market – View in Detailed Research Report

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🌱 Outlook: The Future of Agricultural Fertilization Is Precise and Efficient

The agricultural water soluble fertilizer market is at the forefront of the industry’s transformation. While traditional fertilizers still dominate overall tonnage, the shift toward high-efficiency, precision application methods is accelerating investment and innovation in the WSF segment.

📈 Key Trends Shaping the Market:

• Rapid adoption of fertigation and protected cultivation globally

• Growing regulatory emphasis on nutrient management to protect water quality

• Integration of WSFs with digital agriculture and sensor technologies

• Increasing demand for customized fertilizer blends for specific crops and soils

Get Full Report Here:
Agricultural Water Soluble Fertilizer Market – View in Detailed Research Report

The companies profiled above are not only supplying essential nutrients—they are enabling a more productive, sustainable, and resilient global food system.