Seaweed Liquid Fertilizer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025
Seaweed includes
various type of red, brown, and green algae. Seaweed can be used as
food, medicine, fertilizer, for filtration, in cosmetics, and in
industries. Seaweed extracts have been used as liquid fertilizers on
various crops to promote growth and development. The most important
benefit seaweed fertilizer can provide is that it boosts plant health
and helps plants deal with environmental stressors such as heat,
cold, wind, drought, and disease. Using seaweed as fertilizer also
increases overall nutrition, including protein content. Seaweed for
plants has been used by gardeners and a farmer for thousands of
years. Liquid seaweed is ideal nourishment for plants but is
different from most N P K (nitrogen, phosphorus, and potassium)
fertilizer treatments. In fact, seaweed only contains a little K –
potassium. But it has many other minerals, vitamins, and enzymes that
are natural growth stimulants. Many of these are not found elsewhere.
These nutrients fuel the plant cells’ growth, and this results in
healthier, stronger, and more disease-resistant plants. Seaweed
liquid fertilizers boosts increased uptake of nutrients from the
soil, better resistance to frost and other stress conditions,
increased resistance to pests, and increased yields. A crucial
advantage of these liquids over solids is that it can be sprayed
directly onto plant leaves for direct leaf uptake. Seaweed fertilizer
can be used as soil treatment. Since most plants absorb their
nutrients through the leaves, applying it with a foliar method will
benefit the plant even more. As the plant absorbs sunlight, it will
also absorb the nutrients in the fertilizer.
Driving factors of
for global seaweed liquid fertilizer market is the increasing demand
for seaweed extracts in agriculture industries which helps in
improving seed germination. Seaweed extracts when used with NPK
fertilizers improves the effectiveness of fertilizers. Large
quantities of food have to be produced to meet the need of the
rapidly increasing world population. Considerable deficiency of food
materials is expected in future. It is necessary to avoid this fast
approaching disaster. Production of various types of crops can be
increased adequately by seaweed liquid fertilizers. Owing to
different health problems and environmental deterioration caused by
chemical products, need for organically farmed produce is on the
rise. Organic farming needs biological and organic inputs rather than
chemical inputs and there exists need to increase global production
of bio fertilizers. Another major driver of the seaweed liquid
fertilizer market is the support that the industry is receiving from
government and non-government organizations. The global seaweed
liquid fertilizer market is gaining good traction in the market due
to the major concern related to the safety of the environment and the
need for eco-friendly fertilizers. The restraining factor in the
seaweed liquid fertilizer market is that farmers are reluctant to use
this type of fertilizer. Also, the price of seaweed liquid fertilizer
is higher than chemical fertilizers. Seaweed liquid fertilizer is
harmful to human health; therefore, proper care needs to be taken
during application. These factors are anticipated to slow down the
growth of the sea weed liquid fertilizer market.
In terms of
geography, the global seaweed liquid fertilizer market can be
segmented into North America, Europe, Asia Pacific, and Rest of the
World. The global market is dominated by North America due to
technological advancements and high level of recognition among the
people in the region. North America is followed by Europe. The Asia
Pacific market is projected to expand at a high growth rate during
the forecast period. Rising awareness in emerging countries is a key
factor boosting the seaweed liquid fertilizer market.
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Key players in the
seaweed liquid fertilizer market are Maxicrop (UK) Limited, Kelpak,
Agri Bio Care India, Agri life, Herbal Agro Organics, and Canada
Oceanic.
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