Foliar Spray Market Overview
The global Foliar Spray Market is experiencing robust growth, valued at USD 7.60 billion in 2023 and projected to reach USD 11.12 billion by 2030, expanding at a CAGR of 4.7% during the forecast period. Foliar spraying—applying liquid fertilizers directly to plant leaves—offers an efficient alternative to soil fertilization, particularly under challenging environmental conditions like high soil pH, cold temperatures, and excessive moisture.
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Foliar Spray Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Foliar Spray market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Foliar Spray market are examined in the report.
Dynamics of the Foliar Spray Market:
The growing awareness of foliar spray products in emerging markets and their high efficiency are the main factors anticipated to propel the growth of the foliar spray market during the projected period 2024–2030. Numerous benefits are offered by foliar spray, including increased capital stock in the barter system with the rhizosphere, increased yield, increased shelf life, higher test weight on grains, improved animal performance, better flavor, and many more.
Regional Perspectives on the Foliar Spray Market:
During the 2024–2030 forecast period, the Foliar Spray market is dominated by Asia Pacific. By 2030, Asia Pacific is anticipated to have the most market share. The Asia Pacific area is witnessing a surge in demand for foliar spray from horticulture crops and an increasing use in the agriculture sector, which may be attributed to the high consumption in nations like China, Japan, and India. The biggest foliar spray manufacturers in the world are based in this region. Among the leading businesses are Yara, ANDAMAN AG, Eurochem, and Nutrient Technologies. China feeds 22% of the world's population while owning 7% of the world's agricultural land. The second-largest producer of fresh vegetables worldwide is China.
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Foliar Spray Market Segmentation
by Chemical
Phosphatic
Nitrogenous
Potassic
Calcium
Micronutrients
Other Chemicals
Phosphatic, Nitrogenous, Potassic, Calcium, Micronutrients, and Other Chemicals are the market segments based on the type of chemical. The nitrogenous chemical market is anticipated to expand at a compound annual growth rate (CAGR) of over the 2024–2030 forecast period. Advanced methods and processes for high productivity have been employed to meet the increasing demand in order to accommodate the expanding population and decreasing land area. Consequently, this crucial element drives the nitrogenous fertilizer. Increased productivity in Asia Pacific as a result of the use of nitrogenous fertilizer for corn, rice, and sugarcane is driving market growth.
by Product Type
Powder
Liquid
by Application
Horticulture Crops
Agriculture Crops
Orchard Crop
Vegetables
Turfs
Other Applications
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Foliar Spray Market Key Players
1. ANDAMAN AG
2. Yara International ASA
3. Aries Agro Limited
4. Nutrient Tech
5. Eurochem
6. K+S Aktiengesellschaft
7. Israel Chemicals Ltd.
8. The Mosaic Company
9. Gujarat State Fertilizers & Chemicals Ltd.
10.Coromandel International Limited
11.TRIBOdyn AG
12.Hebei Monband Water Soluble Fertilizer Co., Ltd.
13.Haifa Chemicals Ltd.
14.Kuibyshevazot
15.Orascom Construction
16.Petrobras
17.Potash Corporation of Saskatchewan Inc.
18.Qatar Fertiliser Company
19.Rashtriya Chemicals and Fertilizers Limited
Table of content for the Foliar Spray Market includes:
Part 01: Executive Summary
Part 02: Scope of the Foliar Spray Market Report
Part 03: Foliar Spray Market Landscape
Part 04: Foliar Spray Market Sizing
Part 05: Foliar Spray Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions answered in the Foliar Spray Market Report are:
- What is Foliar Spray Market?
- What is the forecast period of the Foliar Spray Market?
- What is the competitive scenario of the Foliar Spray market?
- Which region held the largest market share in the Foliar Spray Market?
- What are the opportunities for the Foliar Spray Market?
- What are the restraining factors in the Foliar Spray market?
- Who are the key players of the Foliar Spray market?
Key offerings:
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Foliar Spray
- Landscape- Leading key players and other prominent key players.
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