Global Foliar Spray Market to Reach $7.8 Billion by 2026

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Sep 01, 2022, 09:30 ET

DUBLIN, Sept. 1, 2022 /PRNewswire/ -- The "Foliar Spray - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Foliar Spray Market to Reach $7.8 Billion by 2026

Amid the COVID-19 crisis, the global market for Foliar Spray is projected to reach US$7.8 Billion by 2026, registering a compounded annual growth rate (CAGR) of 5.4 % over the analysis period. Europe represents a major regional market for Foliar Spray and is projected to reach US$1.5 Billion by 2026. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 8.8% over the analysis period.

Market growth is driven by their growing applications in field crops, horticultural crops, and turfs & ornamentals. The constant decline in arable land globally and increased pressure on growers to address the food needs of the world's expanding population are driving focus on to the development of more effective methods for applying fertilizers.

Rapid growth of agricultural production, especially staples such as rice and wheat, and the subsequent rise in need for fertilizers to protect crops and promote growth are leading to growth in foliar sprays market. The significant growth of foliar spray market in various application sectors is mainly attributed to their ability to increase agricultural output and increasing awareness about the advantages of foliar nutrition.

The easy to apply nature of foliar sprays and their ability to uniformly distribute nutrients onto crops is driving growth in the market. The market is also poised to benefit from the strong growth being witnessed in the industrial agriculture, which enhances need for uniform and efficient application of fertilizers to improve crop yield. Also fueling market growth is the rapidly rising demand for chemical-based plant booster in horticultural operations. Foliar sprays market is also poised to benefit by the agriculture industry`s shift towards advanced farming techniques.

Select Competitors (Total 88 Featured):

Coromandel International Limited
EuroChem Group
Gujarat State Fertilizers & Chemicals Ltd.
Haifa Group
Hebei Monband Water Soluble Fertilizer Co., Ltd.
Israel Chemicals Limited (ICL)
K+S Aktiengesellschaft
TRIBOdyn AG
Yara International ASA

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Foliar Spray Market Poised to Benefit from the Robust Rise in Use of Liquid Fertilizers
Numerous Advantages of Foliar Feeding Drives Growth in the Foliar Spraying Market
Factors Determining Success of Foliar Spray Application
Shrinking Arable Land and Need to Increase Agricultural Production and Yield to Meet the Needs of Expanding Global Population to Bolster Market Growth
Loss of Arable Land Exerts Immense Pressure on Yields Per Acre
With Multi-Nutrient Deficiency Causing Food and Nutritional Insecurity, Foliar Nutrition Emerges as a Supplementary Approach to Soil Nutrient Application
Efficiency of Foliar Feeding Vs Soil Application
Intensive Farming and Emergence of Mega Farms Raises Importance of Foliar Spraying to Promote Nutrient Uptake in Crops
Farm Size Distribution Worldwide: Percentage Breakdown of Farm Land by Size and Region
Organic Foliar Spray: A Sustainable Alternative to Chemical Fertilizers
Nitrogenous Foliar Spraying Offers Significant Advantages for Nursery Production
Need to Bolster Soil Life Propels Adoption of Foliar Spray in Permaculture Gardens
Foliar Application for Horticultural Crops: A Promising Market
Increase in Horticultural Crops Production: Opportunity for Foliar Spray Market
Foliar Micronutrient Feeding Holds an Edge over Soil Application for Addressing Micronutrient-Deficiency Symptoms
Soybean Crops Benefit from Foliar Fertilizer Application
Foliar Nutrition Helps Improve Growth, Seed Yield, and Yield Attributes of Pulse Crops
Robust Growth of Biostimulants Market to Fuel Demand for Foliar Spray
Promising Growth Outlook for Biostimulants Favors Foliar Spray Market
Foliar Nutrition Emerges as a Vital Tool for Biofortification
Rising Significance of Nano-Foliar Application
Push towards Organic Farming and Rising Demand for Organic Fertilizers to Restrain Growth in Foliar Spray Market
Foliar Spray of Herbicides Become Essential Part of Weed Management
Ease of Use Presents Foliar Spray as the Preferred Application Technique for Plant Activators
Innovative Solutions Drive Growth in Foliar Spray Market