The Vietnam Liquid Fertilizers Market is gaining momentum as farmers increasingly seek efficient and high-yield agricultural solutions. Why are liquid fertilizers becoming popular in Vietnam? The answer lies in their ease of application, faster nutrient absorption, and suitability for modern irrigation systems like fertigation. With Vietnam’s strong dependence on agriculture, particularly rice, coffee, and horticulture, the demand for advanced fertilizers is rising. Additionally, government initiatives promoting sustainable farming and balanced fertilization are supporting market expansion.

How Big is the Vietnam Liquid Fertilizers Market?

The Vietnam Liquid Fertilizers Market was valued at USD 98.69 million in 2025 and is projected to grow at a CAGR of 4.10% from 2026 to 2035, reaching approximately USD 147.50 million by 2035. The market holds a growing share in Southeast Asia due to Vietnam’s robust agricultural exports. Increased adoption of precision farming techniques and the shift toward high-value crops are further strengthening the market size and long-term growth potential.

Vietnam Liquid Fertilizers Market Segmentation and Usage

The Vietnam Liquid Fertilizers Market is segmented by type into complex and straight fertilizers. Complex fertilizers are widely used due to their balanced nutrient composition.

By application mode, fertigation dominates the market, as it ensures efficient nutrient delivery directly to plant roots, while foliar application is gaining traction for quick nutrient uptake.

Based on crop type, field crops hold a significant share, followed by horticultural crops and turf & ornamental plants. Regionally, the Mekong River Delta and Red River Delta lead the market due to intensive farming activities, while Southeast and South Central Coast regions show steady growth.

Trends in the Vietnam Liquid Fertilizers Market

Increasing adoption of fertigation systems in the Vietnam Liquid Fertilizers Market

Rising demand for eco-friendly and sustainable fertilizer solutions

Growth in horticulture and high-value crop cultivation

Technological advancements in nutrient formulations

Expansion of agricultural exports driving fertilizer usage

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Key Players in the Market

Major companies operating in the Vietnam Liquid Fertilizers Market include BACONCO Company Limited, Yara International ASA, ICL Group, Duc Giang Chemical Group Joint Stock Company (DGC), and Haifa Group, among others. These players are focusing on innovation and strategic partnerships to strengthen their market presence.