The 27-year-old Uruguay international became the first South American to collect the Professional Footballers' Association accolade yesterday, having led Liverpool's unexpected Premier League title challenge with 30 goals.
"The Premier League is full of really great players and so it is a great honor when these players recognize your work on the pitch," Suarez said.
"I always try my best for the team and it is nice to get awards but really this is for my teammates and the staff at Liverpool because without their help I wouldn't have this prize."
Suarez missed the first five league matches of the season while completing his 10-match ban for biting Chelsea defender Branislav Ivanovic. He was previously suspended for eight games for racially abusing Manchester United defender Patrice Evra.
After Liverpool fans backed Suarez as his reputation was repeatedly damaged, they could have turned against him for pushing to join Arsenal last year. But he was quickly forgiven, and even critics have started to warm to one of football's most gifted players after a year free of misdemeanors.