The former Anfield legend believes the Uruguayan was the best player in the country last season despite his numerous controversies, and fears he could prove hard to replace
Suarez is set to miss the beginning of next season courtesy of the 10-match ban he received for biting Chelsea defender Branislav Ivanovic - the latest in a series of controversies involving the Uruguayan.
And the 26-year-old has intimated in recent weeks that he is ready to leave Anfield in order to get away from adverse media attention, with several top European clubs monitoring his situation.
But when asked whether he thought Suarez will depart this summer, Fowler replied: "I hope so. Any side in the world with Suarez in it is a better team.
"I hope he stays at Liverpool for a long time - I want to see him win trophies there.
"For me he was the Player of the Year. I think he was just more consistent. Gareth Bale and Robin van Persie were unbelievable last year but for me Suarez just edged them.
"All the best players have always had a little bit of an edge, and he has been on record numerous times saying he doesn’t help himself."
Fowler also had words of praise for Daniel Sturridge, who scored 11 goals in all competitions for Liverpool following his £12 million arrival from Chelsea in January.
"With Daniel there are always question marks about his attitude," he admitted.
"He’s a young lad and he’s had X amount of clubs and that always worries you a bit, but he’s come in to Liverpool and fair play to him he’s been brilliant."