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#Foliar Fertilizer Market Share
esglatestmarketnews · 2 years
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Italy Foliar Fertilizer Market Boosting The Growth Worldwide 2022-2030 | Grand View Research, Inc.
The Italy foliar fertilizer market size is anticipated to reach USD 149.50 million by 2030, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing consumption of fertilizers for effective and increased agricultural productivity is anticipated to drive the market over the forecast period. Increasing demand for specialty crops that enhance lives by providing nutritional nourishment and decreasing carbon footprint is expected to boost the demand for foliar fertilizer in horticulture open-field application. In addition, turf & ornamental crop type is expected to increase over the forecast period.
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The Italian ornamental plants sector has been playing a vital role in the agricultural sector, in terms of productivity. Furthermore, Italian ryegrass can produce leafy, palatable, high quality, forage, and its yield response to nitrogen. The Italian fertilizers market is fairly concentrated with a number of manufacturers focusing on regional markets. Haifa Negev technologies Ltd., EuroChem Group, and AkzoNobel are some of the largest players involved in the manufacturing of products. The majority of these companies have established exclusive agreements with distributors to cater to various end-users. The supply chain plays a significant role in the production and transportation of fertilizers.
The growth of the market is highly dependent on the adoption of efficient supply chains. Industry participants are facing various problems concerning production, logistics, and operations. Unfortunately, Italy was first the country, which faced the COVID-19 crises in the European region. The COVID-19 pandemic wreaked havoc in the fertilizer industry, which led to a slowdown in businesses, momentary pause of cross-border trade, and logistics delay, resulting in a huge impact on the overall operations of companies and farmers in the first few weeks of 2020 and even during the second wave of COVID-19. However, stockpiling of goods and a favorable initiative by the country’s government to incorporate fertilizer products in the essential category have helped maintain stability in the market.
Italy Foliar Fertilizer Market Report Highlights
• Based on product type, the mix of nutrients segment accounted for the maximum revenue share in 2021 due to the increasing requirement for tailored foliar fertilizer products to provide complete nutrition to plants
• The other bio-stimulant product type segment is likely to grow at the fastest CAGR from 2022 to 2030. They are gaining attention owing to their ability to improve the metabolism of plants, resulting in improved crop yield
• The horticulture open-field segment accounted for the largest revenue share in 2020. The growth is attributed to the high export potential of vegetables and fruits, which has further contributed to a surge in the efficient production of the aforementioned crops and thus triggering the market growth
• Key manufacturers are adopting strategies including mergers, acquisitions, product portfolio, and geographical expansion to gain a higher market share
• For instance, in January 2021, ICL Group acquired Fertiláqua, a specialty plant nutrition company. This initiative taken by the former company was aimed at expanding its organic fertilizers sales by utilizing a strong market presence and distribution capabilities Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.
Italy Foliar Fertilizer Market Segmentation
Grand View Research has segmented the Italy foliar fertilizer market on the basis of product type and crop type: Italy Foliar Fertilizer Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 – 2030)
• Algae-based
• Humic Acid-based
• Mix of Nutrients
• Other Bio-stimulant
• Single Nutrient Foliar Fertilizers
Italy Foliar Fertilizer Crop Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 – 2030)
• Horticulture Openfield
• Horticulture Greenhouse
• Field Crops
• Turf & Ornamental
• Others
List of Key Players of Italy Foliar Fertilizer Market
• ICL
• Timac Agro
• Akzo Nobel N.V.
• E D & F Man Holdings Limited
• PAVONI & C SPA
• Arpa Speciali S.r.l
• Sociedad Quimica Y Minera De Chile (SQM S.A.)
• Valagro
• Trade Corporation International
• Biolchim SPA
• EuroChem
• URALCHEM JSC
• K+S Aktiengesellschaft
• Haifa Negev technologies LTD
• COMPO EXPERT
• MUGAVERO
• Hydro Fert
Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs
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market-insider · 2 years
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Increasing Demand For Specialty Crops Is Expected To Boost The Italy Foliar Fertilizer Market
The Italy foliar fertilizer market size is anticipated to reach USD 149.50 million by 2030, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing consumption of fertilizers for effective and increased agricultural productivity is anticipated to drive the market over the forecast period. Increasing demand for specialty crops that enhance lives by providing nutritional nourishment and decreasing carbon footprint is expected to boost the demand for foliar fertilizer in horticulture open-field application. In addition, turf & ornamental crop type is expected to increase over the forecast period.
Gain deeper insights on the market and receive your free copy with TOC now @: Italy Foliar Fertilizer Market Report
The Italian ornamental plants sector has been playing a vital role in the agricultural sector, in terms of productivity. Furthermore, Italian ryegrass can produce leafy, palatable, high quality, forage, and its yield response to nitrogen. The Italian fertilizers market is fairly concentrated with a number of manufacturers focusing on regional markets. Haifa Negev technologies Ltd., EuroChem Group, and AkzoNobel are some of the largest players involved in the manufacturing of products. The majority of these companies have established exclusive agreements with distributors to cater to various end-users. The supply chain plays a significant role in the production and transportation of fertilizers.
The growth of the market is highly dependent on the adoption of efficient supply chains. Industry participants are facing various problems concerning production, logistics, and operations. Unfortunately, Italy was first the country, which faced the COVID-19 crises in the European region. The COVID-19 pandemic wreaked havoc in the fertilizer industry, which led to a slowdown in businesses, momentary pause of cross-border trade, and logistics delay, resulting in a huge impact on the overall operations of companies and farmers in the first few weeks of 2020 and even during the second wave of COVID-19. However, stockpiling of goods and a favorable initiative by the country’s government to incorporate fertilizer products in the essential category have helped maintain stability in the market.
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ameymeti2001 · 2 years
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Biofertilizers Market to Reach $3.22 Billion by 2029
The biofertilizers market is projected to reach $3.22 billion by 2029, at a CAGR of 11.5% from 2022 to 2029. This market is driven by the growth in organic farming & the rising demand for organic food, the growing concerns regarding environmental safety, the increasing government initiatives to promote the use of biofertilizers, and the rising investments from leading market players.
Furthermore, the growing adoption of fertilizers in emerging economies is expected to provide significant opportunities for the growth of this market. However, the high demand for synthetic fertilizers and the high production cost of biofertilizers restrain the growth of this market. In addition, lengthy product registration & approval processes pose a major challenge to players operating in this market.
The biofertilizers market is segmented based on microorganism type, crop type, mode of application, form, and geography. The study also evaluates industry competitors and analyses the market at the country level.
Based on microorganism type, the biofertilizers market is segmented into nitrogen-fixing microbes, phosphate solubilizing & mobilizing microbes, potassium solubilizing & mobilizing microbes, and other microorganism types. In 2022, the nitrogen-fixing microbes segment is expected to account for the largest share of the biofertilizers market. The large market share of this segment is attributed to the hazards of using chemical fertilizers, the rising number of initiatives by government agencies along with increasing awareness about the need for sustainability in modern agriculture, the rising adoption of advanced farming with drip irrigation and sprinklers, and the growing health concerns. In addition, nitrogen-fixing microbes are a more economical, ecological, and profitable solution to provide nitrogen to plants contributing to their increased adoption. However, the phosphate solubilizing & mobilizing microbes segment is slated to register the highest growth rate during the forecast period. The rapid growth of this segment is mainly attributed to their potential to improve crop quality and yield.
Based on crop type, the biofertilizers market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops. In 2022, the cereals & grains segment is expected to account for the largest share of the biofertilizers market. The large market share of this segment is attributed to the increasing demand for organic cereals & grains, huge areas of land under organic cereals & grains cultivation, and the growing need to minimize cereal & grain losses due to synthetic fertilizers. However, the fruits & vegetables segment is slated to register the highest growth rate during the forecast period. The growth of this segment is driven by the rising demand for organic fruits & vegetables.
Based on mode of application, the biofertilizers market is segmented into fertigation, foliar application, seed treatment, and other modes of application. In 2022, the fertigation segment is expected to account for the largest share of the biofertilizers market. The large market share of this segment is attributed to the greater flexibility and control offered by fertigation when applying nutrients. In fertigation, nutrients are radially available to the plant roots, increasing the nutrients’ efficiency. It is an easy and safe method of applying biofertilizers. Fertigation offers higher uniformity in nutrient distribution than other organic fertilizer application methods, enhancing organic crop yield by up to 50%. Fertigation also offers improved fertilizer use efficiency (80–90%), saving nearly 25% of nutrients compared to other application modes. However, the foliar application segment is slated to register the highest growth rate during the forecast period. The growth of this segment is driven by the benefits offered by foliar application, such as the uniform application of nutrients and minimal to no fertilizer wastage and the higher adoption of this method in areas with water scarcity or drought.
Based on form, the biofertilizers market is segmented into dry biofertilizers and liquid biofertilizers. In 2022, the dry biofertilizer segment is expected to account for the larger share of the biofertilizers market. The large market share of this segment is attributed to the rising adoption of dry biofertilizers for lawn & garden applications, their long-lasting effects & high efficiency in all climatic conditions, and the wide & easy availability of raw materials. However, the liquid biofertilizers segment is expected to register the highest growth rate during the forecast period. The growth of this segment is attributed to the benefits offered by liquid biofertilizers, such as high efficiency & absorbability, ease of use, cost-effectiveness, and uniform application.
Based on geography, in 2022, North America is expected to account for the largest share of the biofertilizers market. The major market share of North America is attributed to the increasing demand for organic products, the increasing health awareness among consumers, the growing acceptance of biofertilizers among rural farmers, continuously growing areas under organic cultivation, and the high adoption rate of advanced irrigation systems, such as drip & sprinkler irrigation for fertigation.
Key Players:
The key players operating in the biofertilizers are Novozymes A/S (Denmark), UPL Limited (India), Chr. Hansen Holding A/S (Denmark), American Vanguard Corporation (U.S.), National Fertilizers Limited (India), IPL Biologicals Limited (India), BASF SE (Germany), BioWorks, Inc. (U.S.), Symborg Corporate, SL (Spain), Seipasa S.A. (Spain), Rizobacter S.A. (Argentina), Vegalab SA (Switzerland), Lallemand Inc. (U.S.), AgriLife (India), and Mapleton Agri Biotec Pty Ltd (Australia).
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researchanalysts · 3 months
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Biofertilizers Market: Analysis of Growing Trends & Future Business Prospects for Sustainable Agriculture
Introduction: The biofertilizers market is experiencing significant growth as the global agricultural industry shifts towards sustainable and eco-friendly practices. Biofertilizers, composed of living microorganisms, enhance soil fertility and promote plant growth by increasing the availability of essential nutrients. This report delves into the current market trends, key drivers, challenges, and prospects of the Biofertilizers Market.
The global biofertilizers market, valued at USD 2.8 billion in 2023, is projected to reach USD 5.2 billion by 2030, exhibiting a CAGR of 10.9% during the study period. In 2023, the market size is estimated to be USD 3.1 billion.
Recent Developments: ➽ In May 2022, Syngenta unveiled Envita, a new nitrogen-fixing biofertilizer. Envita is specifically formulated for various crop types, including cereals & grains, pulses & oilseeds, and fruits & vegetables.
➽ In January 2021, Rizobacter Argentina S.A announced a strategic partnership with Heliae Development, LLC (US). This collaboration aimed to offer farmers in the US and Eastern Canada innovative biological solutions that would enhance their agricultural practices.
➽In March 2021, Symborg, based in Spain, inaugurated its advanced manufacturing facility in Alhama de Murcia, Region of Murcia, Spain. This expansion allowed Symborg to enhance its production capabilities and improve overall operational efficiency. The total investment for this expansion project amounted to USD 29.71 million.
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Report Segmentation By Type By Crop Type By Mode of Application By Form By Region • Nitrogen-fixing biofertilizers • Phosphate solubilizing & mobilizing biofertilizers • Potassium solubilizing & mobilizing biofertilizers • Other types (zinc, silica, and sulfur solubilizing biofertilizers) • Cereals & grains • Pulses & oilseeds • Fruits & vegetables • Other crop types (turf and ornamentals, plantation crops, fiber crops, and silage & forage crops) •
Soil treatment • Seed treatment • Other Modes of application (foliar treatment, root dipping, and seedling root treatment) • Liquid • Carrier-based • North America • Europe • Asia Pacific • South America • Row (Africa and Middle East)
Research Methodology: Our research methodology for this report involves a comprehensive analysis of the biofertilizers market through primary and secondary research. Primary research includes interviews with industry experts, surveys, and consultations with key stakeholders. Secondary research involves an in-depth review of industry reports, market publications, company websites, and relevant literature. Data triangulation and market forecasting techniques are employed to ensure the accuracy and reliability of the findings.
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The Report Offers: ➾ Market Overview: An in-depth analysis of the current market landscape, including market size, growth trends, and key players. ➾ Market Segmentation: Detailed segmentation by type, crop type, microorganism, mode of application, and geography. ➾ Competitive Landscape: Insights into the competitive environment, including strategies adopted by leading companies, market share analysis, and recent developments. ➾ Key Drivers and Challenges: Identification of the primary factors driving market growth and the challenges faced by the industry. ➾ Future Prospects: Analysis of emerging trends and potential opportunities in the biofertilizers market. ➾ Regulatory Environment: Overview of the regulatory framework and its impact on the market.
Key Market Players: ➸ Novozymes (Denmark),  ➸ UPL (India),  ➸ Chr. Hansen Holding A/S (Denmark),  ➸ Syngenta (Switzerland),  ➸ T.Stanes and Company Limited (India),  ➸ Lallemand Inc (Canada),  ➸ Rizobacter Argentina S.A. (Argentina),  ➸ Vegalab SA (Switzerland),  ➸ IPL Biologicals Limited (India),  ➸ Kiwa Bio-tech Product Group Cooperation (China)
Why Should Access to This Report? ✤ Informed Decision-Making: Gain valuable insights into market trends and dynamics to make informed business decisions. ✤ Competitive Advantage: Understand the competitive landscape and identify potential opportunities for growth and investment. ✤ Strategic Planning: Develop effective strategies based on comprehensive market analysis and forecasts. ✤ Sustainable Practices: Explore the benefits of biofertilizers in promoting sustainable agricultural practices and reducing environmental impact.
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Conclusion: The biofertilizers market is poised for substantial growth as the demand for sustainable agricultural solutions continues to rise. This report provides a thorough analysis of the market, highlighting key trends, challenges, and opportunities. Access to this report will equip stakeholders with the knowledge and insights needed to navigate the evolving landscape of the biofertilizer market. 
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Brazil Fertilizers Market Size, Share, Demand & Forecast 2024-2032
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IMARC Group has published a market research report titled "Brazil Fertilizers Market Report by Type (Complex, Straight), Form (Conventional, Specialty), Application (Fertigation, Foliar, Soil), Crop Type (Field Crops, Horticultural Crops, Turf and Ornamental), and Region 2024-2032", Brazil fertilizers market is projected to exhibit a growth rate (CAGR) of 7.20% during 2024-2032.
The growing focus on the agricultural sector is one of the factors contributing to the growth of the Brazil fertilizers market. Additionally, the demand for fertilizers is escalating as they are highly utilized for the better yield of soybeans, corn, and sugar cane, which is fueling the market. Besides this, to sustain and enhance crop yields, there is a high need for various types of fertilizers, including nitrogenous, phosphatic, and potassic, which are essential for plant growth as well as soil fertility, further bolstering the market. Moreover, the rise in agro-technology and precision farming practices in Brazil is encouraging the more efficient and targeted use of fertilizers, thus optimizing agricultural outputs and reducing waste, contributing to the expansion of the market.
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cmireports · 4 months
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vipinmishra · 4 months
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Foliar Spray Market: Rising Agrochemical Use and Tech Advancements Drive Growth
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The technological advancements in agriculture and increasing agrochemical usage are expected to drive the Global Foliar Spray Market during forecast
According to TechSci Research report, “Foliar Spray Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Foliar Spray Market stood at USD 6.90 billion in 2022 and is anticipated to grow with a CAGR of 5.38% in the forecast period, 2024-2028. The awareness among individuals regarding Foliar Spray has led to favorable market conditions for the global Foliar Spray market. Several factors contribute to the growth of various Foliar Spray products.
Foliar sprays are commonly used to apply fertilizers, pesticides, and other agrochemicals directly to plant leaves. This method allows for efficient nutrient and chemical absorption, promoting plant health and enhancing crop yield. The growing global demand for food, coupled with the need for efficient agricultural practices, has led to increased adoption of foliar spray applications.
Advancements in agricultural technologies, including precision farming and smart agriculture practices, have contributed to the growth of the foliar spray market. Precision farming involves the use of data-driven technologies to optimize various aspects of farming, including the precise application of foliar sprays. Farmers are increasingly adopting technologies such as drones and sensor-based systems to ensure targeted and efficient foliar spray applications, which will further fuel market growth.
In October 2023, EuroChem Group AG announces plans to expand its potash production capacity by 25% by 2025, aiming to become the world's largest potash producer. The expansion will involve the development of new potash mines and the modernization of existing facilities.
Foliar sprays play a crucial role in providing essential nutrients directly to plants. With a growing awareness of the importance of balanced crop nutrition for optimal growth and yield, farmers are incorporating foliar sprays into their nutrient management practices. The ability to address nutrient deficiencies quickly and efficiently through foliar applications contributes to the market's growth.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Foliar Spray Market” https://www.techsciresearch.com/report/foliar-spray-market/20766.html
In today's fast-paced world, Foliar sprays enable quick and direct absorption of nutrients by plant leaves. In a fast-paced world, where time is of the essence, this method ensures that crops receive essential nutrients promptly, promoting faster growth and development. The precision offered by foliar sprays aligns with the demands of modern agriculture. In a world where resources are optimized for maximum efficiency, the ability to precisely target crops with the right nutrients at the right time ensures a more judicious use of inputs.
The integration of technology in agriculture, such as drones and sensor-based systems for foliar spray applications, enhances overall farm management. In a fast-paced world driven by technological advancements, farmers can leverage data-driven insights to make informed decisions, ensuring that foliar sprays are applied with precision and efficiency. Foliar sprays offer a rapid response to nutrient deficiencies. In a world where agriculture needs to be agile and responsive to changing conditions, the ability to address nutrient imbalances promptly contributes to maintaining crop health and preventing yield losses.
Foliar sprays offer a more targeted and efficient way to deliver nutrients and pesticides compared to traditional soil applications. As environmental concerns rise and the demand for sustainable agricultural practices increases, foliar sprays become an attractive option. The reduced environmental impact, along with the potential for lower chemical usage, aligns with the growing trend towards sustainable agriculture.
In recent times, Precision agriculture is at the forefront of modern farming practices. Foliar sprays provide a precise and targeted means of delivering essential nutrients directly to plant leaves. This is particularly relevant in recent times as farmers seek efficient methods to optimize crop nutrition for maximum yield. With the immediacy demanded by today's agriculture, foliar sprays offer a rapid response to nutrient deficiencies. In times where quick interventions are crucial to prevent yield losses, foliar sprays provide a means to address nutrient imbalances promptly. Increasing awareness of environmental sustainability has shaped farming practices. Foliar sprays, with their targeted application method, contribute to sustainable agriculture by reducing overall agrochemical usage, minimizing environmental impact, and aligning with contemporary environmental consciousness. However, the regulatory hurdles and compliance issues may hinder market growth. Moreover, challenges related to public perception and environmental concerns may pose obstacles to the Foliar Spray market in the near future.
The Global Foliar Spray Market is segmented into type, application, form, regional distribution, and company.
Based on its type, the Nitrogenous segment has emerged as the predominant market leader, This dominance stems from the crucial role of nitrogen in plant growth and development. Nitrogen is an essential nutrient for photosynthesis, the process by which plants convert sunlight into energy. It also plays a critical role in cell division, protein synthesis, and enzyme production, all of which are vital for plant growth and productivity. Foliar sprays can be used to supplement nitrogen when soil levels are inadequate, ensuring that plants receive the nitrogen they need for optimal growth. Foliar sprays allow plants to absorb nutrients directly through their leaves, leading to faster nutrient uptake and improved plant response compared to soil-applied fertilizers. Nitrogenous foliar sprays can help plants cope with abiotic stresses such as drought, heat, and salinity, enhancing their resilience and productivity.
Based on region, Asia-Pacific segment is expected to grow during the forecast period.  This dominance is primarily driven by the region's vast agricultural landscape, growing demand for high-value horticultural crops, and the increasing adoption of precision agriculture practices. Asia Pacific is home to some of the world's largest agricultural producers, such as China, India, and Indonesia. The region's vast agricultural land area and diverse crop production create a strong demand for foliar sprays to enhance crop productivity and quality. The demand for horticultural crops, such as fruits, vegetables, and flowers, is expanding rapidly in Asia Pacific. These high-value crops require intensive care and precise nutrient management, making foliar sprays a valuable tool for optimizing their growth and yield.
The Europe market is poised to be the fastest-growing market, offering lucrative growth opportunities for Foliar Spray players during the forecast period. Factors such as Europe has been actively modernizing its agriculture practices, embracing advanced technologies and precision farming methods. The integration of precision agriculture, which includes the use of drones, sensors, and data analytics, aligns with the efficient and targeted application methods characteristic of foliar sprays. The adoption of modern farming practices enhances the effectiveness of foliar sprays in Europe. Farmers are increasingly leveraging technology to optimize nutrient management, monitor crop health, and make data-driven decisions. This integration contributes to the rapid growth of the foliar spray market in the region. Europe has stringent environmental regulations governing the use of agrochemicals. This regulatory landscape has prompted a shift towards more sustainable and eco-friendly agricultural practices.
 Major companies operating in Global Foliar Spray Market are:
EuroChem Group AG
Nutriens Ltd.
K+S Aktiengesellschaft
Yara International
The Mosaic Company
Gujarat State Fertilizers & Chemicals Ltd.
Coromandel International Limited
Tribodyn AG
Haifa Chemicals Ltd.
Andaman AG
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“The technological advancements in agriculture and increasing agrochemical usage are key drivers of the Foliar Spray market. In recent years, the The intensification of agrochemical usage, particularly in the form of foliar sprays, is driven by the need for efficient nutrient delivery, pest management, and disease control. Farmers recognize the targeted nature of foliar sprays, allowing for optimal resource utilization. Moreover, the growing consumer emphasis on preventative agricultural products has enhanced production and marketing efforts.
To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the Foliar Spray market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Foliar Spray Market – Global Industry Size, Share, Trends, Opportunity, & Forecast 2018-2028 Segmented By Type (Nitrogenous, Phosphatic, Potassic, Micronutrients), By Application (Horticultural Crops, Field Crops, Turf & Ornamentals, Others), By Form (Powder, Liquid), By Region, Competition”, has evaluated the future growth potential of Global Foliar Spray Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Foliar Spray Market.
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industryforecastnews · 5 months
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Liquid Fertilizers Market Size To Reach USD 3.41 Billion By 2030
Liquid Fertilizers Market Growth & Trends
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The global liquid fertilizers market size is expected to reach USD 3.41 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2024 to 2030. The demand for liquid fertilizers is rising due to the increasing use of effective fertilizers and fertigation methods.
The liquid fertilizers help minimize nutrient wastage and enhance crop yield and quality by maximizing nutrient absorption. Moreover, liquid fertilizers are easy to apply and can be used in various ways, such as foliar spraying, and fertigation. This versatility saves time and reduces labor costs. The demand for high-quality crops is increasing due to the rising global population and changing dietary preferences. Liquid fertilizers are crucial in meeting this demand by promoting healthier plant growth and improving yield potential. Additionally, liquid fertilizers can be formulated to minimize environmental impact, reducing the risk of nutrient runoff and groundwater contamination.
Liquid fertilizers have become increasingly popular due to their advantages. One of the primary benefits of using liquid fertilizers is that they are easier to mix and are generally better absorbed by the crop. The ease of using and applying liquid fertilizers is the primary factor driving industry growth. They are simple to handle and apply, requiring less labor since pumps are used for movement. Another advantage of liquid fertilizers is that some pesticides can be infused into the fluid, reducing the number of trips across the field.
This is mainly due to the ongoing conflict between Russia and Ukraine. These high prices are expected to continue through 2022 and beyond. These elevated prices may have implications for crop production in 2022 and 2023. The conflict between Russia and Ukraine has worsened the already limited fertilizer supply situation and triggered restrictions on imports and exports, further compounding the shortage concerns. Russia has imposed restrictions on exports of nitrogen, phosphate, and potash fertilizers until June 2022, which will reduce the worldwide supply by almost 15%.
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Liquid Fertilizer Market Report Highlights
Nitrogen dominated the market with a revenue share of 52.4% in 2023. Nitrogen is an essential nutrient that plays a crucial role in promoting healthy plant growth. It is a fundamental component of amino acids, proteins, and chlorophyll, vital for plant development and photosynthesis
Cereal and Grains dominated the market with a revenue share of 38.7% in 2023. Grains and cereals are essential components of the global food supply and are consumed by billions of people worldwide. Due to the increasing population, the demand for these crops consistently remains high, making nutrient management critical to achieving optimal yields
Foliar method of application dominated the market with a revenue share of 68.7% in 2023. The growth of the foliar spray market is the increasing demand for such sprays in the horticulture industry. Foliar applications are beneficial in providing micronutrients quickly to correct severe deficiencies that often occur during the early stages of growth
The Asia Pacific region dominated the market with a revenue share of more than 45.6% in 2023. The Asia Pacific region is home to a significant proportion of the world's population. This has led to a high demand for agricultural products to meet the food requirements of densely populated countries in the region. As a result, there is a continuous need to enhance crop productivity and yield
The presence of many manufacturers has led to high competition in the market. Companies have been involved in research for developing technologies for large-scale product production
In July 2021, ICL launched water-soluble micronutrient and N-P-K fertilizers in North America. The South American Plant Nutrition business is Brazil's leading specialty plant nutrition business. It offers various plant nutrition and stimulation solutions, covering all key Brazilian crops. With the addition of the South American Plant Nutrition business to its portfolio, ICL can provide its customers with the broadest and most advanced range of plant nutrition products, covering the entire agricultural value chain. With eight production sites and a sizable sales force providing full commercial coverage for all agricultural regions in Brazil, this business, along with ICL's existing operations in Brazil, will leverage a well-established asset base
Liquid Fertilizers Market Segmentation
Grand View Research has segmented the global liquid fertilizers market report based on basis of product, method of applications, application and region:
Liquid Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
Nitrogen
Potassium
Phosphorus
Others
Liquid Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
Oilseeds & Pulses
Fruits & Vegetables
Cereals & Grains
Other Corps
Liquid Fertilizers Method of Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
Foliar
Fertigation
Liquid Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Norway
Asia Pacific
China
India
Japan
South Korea.
Australia
Thailand
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
List of Key Players in the Liquid Fertilizers Market
CSBP
Nutrien Ltd.
BMS Micro-Nutrients NV
Compo Expert
ICL
IFFCO
Yara International ASA
AgroLiquid
FoxFarm Soil & Fertilizer Co
Nutri-Tech Solutions Pty Ltd
EuroChem Group
K+S Aktiengesellschaft
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rohan-gosavi · 5 months
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Water-Soluble Fertilizers Market Analysis Growth Forecast by 2030
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The Insight Partners recently announced the release of the market research titled Water-Soluble Fertilizers Market Outlook to 2030 | Share, Size, and Growth. The report is a stop solution for companies operating in the Water-Soluble Fertilizers market. The report involves details on key segments, market players, precise market revenue statistics, and a roadmap that assists companies in advancing their offerings and preparing for the upcoming decade. Listing out the opportunities in the market, this report intends to prepare businesses for the market dynamics in an estimated period.
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Some businesses are just lucky to manage their performance without opting for market research, but these incidences are rare. Having information on longer sample sizes helps companies to eliminate bias and assumptions. As a result, entrepreneurs can make better decisions from the outset. Water-Soluble Fertilizers Market report allows business to reduce their risks by offering a closer picture of consumer behavior, competition landscape, leading tactics, and risk management.
A trusted market researcher can guide you to not only avoid pitfalls but also help you devise production, marketing, and distribution tactics. With the right research methodologies, The Insight Partners is helping brands unlock revenue opportunities in the Water-Soluble Fertilizers market.
If your business falls under any of these categories – Manufacturer, Supplier, Retailer, or Distributor, this syndicated Water-Soluble Fertilizers market research has all that you need.
What are Key Offerings Under this Water-Soluble Fertilizers Market Research?
Global Water-Soluble Fertilizers market summary, current and future Water-Soluble Fertilizers market size
Market Competition in Terms of Key Market Players, their Revenue, and their Share
Economic Impact on the Industry
Production, Revenue (value), Price Trend
Cost Investigation and Consumer Insights
Industrial Chain, Raw Material Sourcing Strategy, and Downstream Buyers
Production, Revenue (Value) by Geographical Segmentation
Marketing Strategy Comprehension, Distributors and Traders
Global Water-Soluble Fertilizers Market Forecast
Study on Market Research Factors
Who are the Major Market Players in the Water-Soluble Fertilizers Market?
Water-Soluble Fertilizers market is all set to accommodate more companies and is foreseen to intensify market competition in coming years. Companies focus on consistent new launches and regional expansion can be outlined as dominant tactics. Water-Soluble Fertilizers market giants have widespread reach which has favored them with a wide consumer base and subsequently increased their Water-Soluble Fertilizers market share.
Segmental Coverage:
Type
Nitrogenous
Phosphatic
Potassic
Blends
and Others
Form
Dry and Liquid
Mode of Application
Foliar and Fertigation
Crop Type
Cereals and Grains
Fruits and Vegetables
Pulses and Oilseeds
and Others
Market Leaders and Key Company Profiles:
1. Agrium, Inc. 2. Compo GmbH and Co. KG 3. Coromandel International 4. Haifa Chemicals 5. Iowa Fertilizer 6. Israel Chemical Ltd. 7. Sociedad Qu?mica Y Minera SA 8. TATA Chemicals 9. The Mosaic Company 10. Yara International ASA 
What are Perks for Buyers?
The research will guide you in decisions and technology trends to adopt in the projected period.
Take effective Water-Soluble Fertilizers market growth decisions and stay ahead of competitors
Improve product/services and marketing strategies.
Unlock suitable market entry tactics and ways to sustain in the market
Knowing market players can help you in planning future mergers and acquisitions
Visual representation of data by our team makes it easier to interpret and present the data further to investors, and your other stakeholders.
Do We Offer Customized Insights? Yes, We Do!
The The Insight Partners offer customized insights based on the client’s requirements. The following are some customizations our clients frequently ask for:
The Water-Soluble Fertilizers market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Published by -
Rohan Gosavi
Senior Market Research Expert at The Insight Partners
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neha24blog · 5 months
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Liquid Fertilizers Market Scope By Product, Method Of Applications, Application, Region And Forecast To 2030: Grand View Research Inc.
San Francisco, 19 April 2024: The Report Liquid Fertilizers Market Size, Share & Trends Analysis Report By Product (Nitrogen, Potassium, Phosphorous), By Application (Oilseeds & Pulses, Fruits & Vegetables), By Method Of Application (Foliar, Fertigation), By Region, And Segment Forecasts, 2024 – 2030 The global liquid fertilizers market size is expected to reach USD 3.41 billion by 2030, as per…
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Exploring the Fertilizer Industry Growth, Trends, and Outlook
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Introduction
The fertilizer industry is a cornerstone of global agriculture, providing essential nutrients to crops and contributing significantly to food security worldwide. In recent years, the industry has witnessed dynamic growth driven by increasing agricultural activity, rising population, and the need for sustainable farming practices. This article offers a comprehensive analysis of the fertilizer industry, delving into its growth prospects, market trends, key players, and future outlook.
Fertilizer Industry Research Reports
Fertilizer Market research reports play a crucial role in providing insights into the fertilizer industry. These reports offer detailed analyses of market trends, demand-supply dynamics, competitive landscape, and emerging opportunities. Recent studies indicate a positive outlook for the global fertilizer market, with substantial growth expected in the coming years.
Fertilizer Industry Outlook
The fertilizer industry outlook is optimistic, buoyed by several key factors driving market expansion. These include increasing agricultural investments, technological advancements in fertilizer production, and government initiatives to promote sustainable farming practices. Market analysts project robust growth in the global fertilizer market, with significant opportunities for industry players to capitalize on emerging trends.
Fertilizer Industry Analysis
An in-depth analysis of the fertilizer industry reveals several noteworthy trends and developments shaping its trajectory:
Global Market Size
The global fertilizer market was valued at approximately USD 202 billion in 2023, with steady growth expected in the foreseeable future. Market size is projected to reach USD 285.01 billion by 2032, reflecting a compound annual growth rate CAGR of 3.30% from 2023 to 2032.
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Market Growth
The fertilizer industry has witnessed steady growth in recent years, driven by increasing demand for crop nutrients and the adoption of advanced agricultural practices. Market analysts forecast sustained growth, particularly in the Asia-Pacific region, where population growth and expanding agricultural activity are driving fertilizer demand.
Market Segments
Nitrogen fertilizers dominate the global market, accounting for approximately 56% of fertilizer nutrient consumption in 2021.
Phosphatic and Potassic fertilizers also play significant roles, catering to specific crop nutrient requirements.
Production and Leading Producers
Global fertilizer production reached 193 million metric tons in 2021, with China, India, Russia, the United States, and Brazil emerging as top producers.
These countries leverage their abundant natural resources and manufacturing capabilities to meet domestic and international fertilizer demand.
Fertilizer Market Trends
Several key trends are reshaping the fertilizer market landscape:
Shift towards Dry Fertilizers
Dry fertilizers, including granular and powdered formulations, dominate the market due to their ease of handling, storage, and transportation.
Liquid fertilizers are gaining traction in certain regions, particularly for foliar applications and precision agriculture practices.
Sustainable Agriculture Practices
There is a growing emphasis on sustainable farming practices, driving demand for organic and eco-friendly fertilizers.
Bio-based fertilizers, such as organic compost and biofertilizers, are increasingly preferred by environmentally conscious farmers.
Technological Advancements
Advancements in fertilizer manufacturing technologies, including controlled-release formulations and micronutrient-enriched products, are enhancing crop nutrient uptake and efficiency.
Digital farming solutions, such as precision application systems and soil sensors, are revolutionizing fertilizer application methods and optimizing crop yields.
Fertilizer Suppliers and Market Share
The Fertilizer Market is characterized by a diverse range of suppliers, including multinational corporations, regional manufacturers, and distributors. Key players in the industry include:
Nutrien Ltd.
Yara International ASA
The Mosaic Company
CF Industries Holdings, Inc.
K+S Aktiengesellschaft
OCI Nitrogen
EuroChem Group AG
ICL Group
Coromandel International Limited
Haifa Group
Conclusion: Driving Agricultural Productivity
The fertilizer industry is poised for sustained growth and innovation, driven by increasing global demand for food and agricultural products. By leveraging technological advancements, embracing sustainable farming practices, and fostering strategic partnerships, fertilizer companies can contribute to enhanced agricultural productivity, improved crop yields, and environmental sustainability. As the industry continues to evolve, collaboration across the value chain and investment in research and development will be key to addressing emerging challenges and capitalizing on new opportunities in the dynamic fertilizer market landscape.
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marketinsight1234 · 7 months
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Bionematicides Market: Forthcoming Trends and Share Analysis by 2030
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Global Bionematicides Market was valued at USD 442.08 million in 2021 and is expected to reach USD 1366.9 million by the year 2028, at a CAGR of 17.5%.
Bionematicides are biopesticides used for treating nematode infestation of crops. Nematodes are pests that are known to attack the roots of all types of crops such as field crops, fruits and vegetables and others. Usage of bionematicides to eradicate nematodes of all stages in their lifecycle. Furthermore, bionematicides are environmentally friendly and does not hamper the soil fertility and productivity of different crops. In addition, bionematicides are produced especially by different microorganisms such as bacteria, fungus, and other inert materials and which helps to reduces the loss of yield and leads to growth of the bionematicides market during forecast period. Furthermore, M. javanica, M. hapla, M. incognita, M. arenaria, and are of major economic importance, which is responsible for about 90% of all damage caused by root knot nematodes. 
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The latest research on the Bionematicides market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Bionematicides industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Bionematicides market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Bionematicides Market include:
Bayer Crop Sciences AG, Valent Biosciences Corporations, Brandt, Marron Bio Innovations, Agri Life, Monsanto, The Real IPM Company, Bio Huma Netics Inc., T. Stanes and Company, Syngenta, Certis USA, Dow Agro Sciences, Horizon Agrotech, BASF SE, FMC Corporation and other major players. 
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Segmentation of Bionematicides Market:
By Crop Type
Cereals
Pulses & Oilseeds
Cash Crops
Fruits & Vegetables
Others
By Application
Foliar Spray
Seed Treatment
Soil Treatment
By Form
Liquid
Powder
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Bionematicides Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Bionematicides Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
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agriculturalmarkets · 9 months
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 Water-Soluble Fertilizers Ushering in a New Era of Crop Productivity
Water-soluble fertilizers Market Outlook
Water-soluble fertilizers Market are easily soluble in water and hence, are more suitable with modern irrigation system. They are easy to apply and absorbed by plants through fertigation and foliar. Moreover, absorption and utilization rate of water-soluble fertilizers is relatively high when compared to conventional chemical fertilizers. Efficient use of water-soluble fertilizers also prevents groundwater contamination. Owing to these factors, the water-soluble fertilizers market is expected to show a steady growth during the forecast period. However, high costs of water-soluble fertilizers when compared to their counterparts will be a restraining factor in water-soluble fertilizers market.
Regional Analysis
Globally the market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World. The water-soluble fertilizers market in North America has further been segmented into the US, Canada, and Mexico.
Geographically, Europe is anticipated to dominate the global water-soluble fertilizers market owing to high technological advancements in the manufacturing of fertilizers as well as increasing awareness about crop nutrition among cultivators in this region.
Segmentation
The global water-soluble fertilizers market share has been segmented into product type, crop type, application, and region.
The market based on type has been segmented into macronutrient fertilizers and micronutrient fertilizers. Macronutrient fertilizers are sub-segmented into nitrogenous, phosphatic, and potassic. Micronutrients fertilizers are sub-segmented into calcium, magnesium, iron, trace elements, and others. The nitrogenous segment is likely to grow at a significant rate since nitrogen helps in the formation of proteins which are vital for the development of new protoplasm in the cell. Moreover, nitrogen is essential to produce chlorophyll and responsible for leaf growth.
Based on crop type, the market has been segmented into field crops, horticultural crops, turf & ornamentals, and others, including plantation and hydroponics. Among these, horticultural crops segment is expected to show significant growth during the forecast period owing to the growing demand for fruits and vegetables across the globe.
The market has been segmented, by application, into fertigation and foliar. Fertigation is widely used for applying water-soluble nutrients to roots of plants. It is helpful in improving fertility and increasing the productivity of the plant. Moreover, increasing acceptance of micro-irrigation techniques is a key driving factor for fertigation segment in the water-soluble fertilizers market.
Key Players
Yara International ASA (Norway), Agrium Inc.(Canada), K+S Aktiengesellschaft (Germany), Sociedad Quimica Y Minera SA (SQM) (Chile), Israel Chemical Limited (Israel), The Mosaic Company (US), EuroChem group AG (Switzerland), Coromandel International Limited (India), Compo GmbH & Co (Germany), and Haifa Chemicals Limited (Israel) are some of the key players in the market.
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pavanpj · 9 months
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Analyzing the Size and Share of the Foliar Fertilizers Market
Foliar fertilizers are an excellent alternative to provide nourishment to plants and many more benefits as they can be applied directly to the leaves of plants and crops. Foliar fertilizers market is accelerating on the back of efficient nutrient absorption along with high resistivity towards insects and pests. The presence of plant cell growth regulators like gibberellins, cytokinins and auxins are underpinning the demand for foliar fertilizers thus propelling the global market to grow at an average annual growth rate of ~4% over the assessment period of 2019-2029.
The foliar fertilizers market is a vital segment within the agriculture industry, offering a targeted and efficient way to supply essential nutrients directly to plants through their leaves. These fertilizers, sprayed onto plant foliage, provide a rapid and effective means of nutrient absorption, addressing nutrient deficiencies and promoting overall crop health. In this comprehensive overview, we will delve into the current state of the foliar fertilizers market, explore the key factors fueling its growth, and examine recent industry news that sheds light on the evolving trends and innovations in this crucial sector.
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Key Factors Driving Growth
Efficient Nutrient Absorption: Foliar fertilizers provide an efficient way for plants to absorb essential nutrients directly through their leaves. This method ensures rapid nutrient uptake, especially during critical growth stages, and helps address nutrient deficiencies promptly, promoting healthier and more productive crops.
Crop Yield Enhancement: Farmers are increasingly turning to foliar fertilizers to enhance crop yields. These fertilizers can be customized to provide specific nutrients needed at different growth stages, contributing to improved crop quality, increased yields, and optimized use of resources.
Precision Agriculture Practices: The adoption of precision agriculture techniques is contributing to the growth of the foliar fertilizers market. Precision farming allows farmers to target specific areas of their fields with precise nutrient applications, maximizing the effectiveness of foliar fertilizers and minimizing waste.
Environmental Sustainability: Foliar fertilizers align with the growing emphasis on sustainable agriculture. By facilitating targeted nutrient delivery, these fertilizers reduce the overall environmental impact associated with excessive fertilizer use, runoff, and leaching into water sources.
Technological Advancements: Ongoing technological advancements are enhancing the formulation and application of foliar fertilizers. Innovations in nutrient encapsulation, delivery systems, and compatibility with other agrochemicals are contributing to the efficacy and convenience of foliar fertilization.
Recent Industry News
As of my last update, here are some notable developments in the foliar fertilizers market:
Bio-Stimulant Integration: The integration of bio-stimulants with foliar fertilizers is gaining traction. Bio-stimulants, derived from natural sources, enhance plant growth and development. Combining them with foliar fertilizers offers a holistic approach to plant nutrition and crop management.
Microbial-Based Formulations: There is a growing focus on microbial-based formulations in foliar fertilizers. The inclusion of beneficial microbes aims to enhance nutrient uptake, improve soil health, and promote plant resilience against environmental stressors.
Nutrient Efficiency Improvements: Manufacturers are continually working on improving the nutrient efficiency of foliar fertilizers. This includes the development of formulations that enhance nutrient absorption and utilization by plants, ensuring that crops receive the maximum benefit from applied fertilizers.
Smart Agriculture Solutions: The integration of smart agriculture solutions is influencing foliar fertilizer applications. Technologies such as drones and sensors enable farmers to assess crop conditions, identify nutrient deficiencies, and apply foliar fertilizers precisely where needed, optimizing resource use.
Regulatory Compliance: Compliance with evolving agricultural regulations and environmental standards is a focus for foliar fertilizer manufacturers. Formulations that meet regulatory requirements and promote sustainable farming practices are gaining prominence in the market.
Global Market Expansion: Foliar fertilizer manufacturers are expanding their market reach globally. Collaborations, partnerships, and strategic acquisitions are facilitating the entry of key players into new regions, addressing the increasing demand for advanced agricultural solutions worldwide.
Foliar Fertilizers Market: Segmentation
Fact.MR has segmented the foliar fertilizers market on the basis of composition, crop, nature, and region.Composition
Nitrogen
Phosphorus
Potassium
Micro Ingredients
Crop
Grains & Cereals
Fruits & Vegetables
Oilseeds
Others
Nature
Mineral
Organic
Region
North America
Latin America
Europe
CIS & Russia
Japan
APEJ
MEA
What insights does the Foliar Fertilizers market report offer the readers?
Fragmentation of foliar fertilizers by product type, end use and region.
Comprehensive assessment of upstream feedstocks, downstream demand and the current market landscape.
Collaborations, R&D projects, acquisitions and product launches of all Foliar Fertilizers players.
Various government regulations on the consumption of foliar fertilizers in detail.
Impact of modern technologies such as big data & analytics, artificial intelligence and social media platforms on global foliar fertilizers.
The report provides the following Foliar Fertilizers market insights and assessments, which are helpful to all participants involved in the Foliar Fertilizers market:
Data on recently introduced regulations and their impact on key industries and demand for foliar fertilizers
Latest industry analysis of Foliar Fertilizers Market with key analysis on market drivers, trends and influencing factors
Key Trends Analysis of Foliar Fertilizers market and changing consumer preferences in major verticals.
Change in foliar fertilizer demand and consumption of various products
Key trends underscoring key investor funding in numerous countries
New investment opportunities in different technologies and types of products or services
Comprehensive data and competitive analysis of the major players of Foliar Fertilizers
Sales in the US foliar fertilizer market will continue to grow, driven by growing consumer confidence and the economic recovery
Foliar fertilizer demand forecast in Europe remains stable as many countries like UK, France and Germany focus on fueling growth
Questionnaires Answered in Foliar Fertilizers Market Report Include:
How has the foliar fertilizer market developed?
What are the present and future prospects of the global foliar fertilizer on a regional basis?
What are the challenges and opportunities for foliar fertilizers?
Why is foliar fertilizer consumption the highest in the region?
In what year is the segment expected to overtake the segment?
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ananya5400 · 1 year
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Crop Protection Chemicals Market Growth by Emerging Trends, Analysis, & Forecast
The global crop protection chemicals market on financial terms was estimated to be worth $63.7 billion in 2020 and is poised to reach $74.1 billion by 2025, growing at a CAGR of 3.1% from 2020 to 2025. The crop protection chemicals market is experiencing significant growth, driven by the rising global population and demand for higher crop yields. With a diverse range of products including herbicides, insecticides, and fungicides, the market is expected to continue its upward trajectory, providing opportunities for industry players to innovate and excel. As the demand for reliable and innovative crop protection solutions intensifies, stakeholders in this market will have ample opportunities to leverage emerging technologies and address the evolving needs of farmers and consumers alike.
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The herbicides segment of the Crop protection chemicals is projected to account for the largest share, by type
Herbicides are substances that kill or inhibit growth of unwanted plants (weeds). They are widely used in weed control, which helps in enhancing crop productivity and quality of output. Herbicides help in reducing soil erosion and increase soil fertility and crop yield. They are used to control or kill unwanted plants and are often known as weed killers. Use of herbicides in agroecosystems may change composition of weed populations. In wildlands, herbicides may increase the diversity of native species. Threats to plant biodiversity caused by habitat loss and invasive species are far greater than threats by use of herbicides. Some non-selective pesticides are used in weed waste grounds, industrial sites, railways, and railway embankments. Herbicides are heavily consumed in the agricultural sector and in landscape turf management.
The market for the liquid segment is projected to account for the largest share during the forecast period, by form
By form, liquid is the segment which accounted for the highest market share as well as the highest growth rate in the Crop protection chemicals. The growing requirement of liquid forms of crop protection chemical products, mainly in the foliar spray and seed treatment modes of application, is driving the market for liquid forms of crop protection chemicals. They are also cheaper than solid formulations and are easily mixed with any other crop enhancer or protecting product, increasing the demand for the same.
Liquid pesticides include suspensions (flowable solutions), solutions, emulsifiable concentrates, microencapsulated suspensions, and aerosols. Liquid forms of crop protection chemical products are preferred more by suppliers as well as end-users. Liquid forms offer a longer shelf-life with easy handling, transportation, and application. Also, they are cost-effective, eco-friendly, and sustainable. Companies are investing in the technological development of crop protection chemicals in liquid forms. The liquid forms of crop protection chemicals can either be water-based, oil-based, polymer-based, or their combinations.
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Asia Pacific is the fastest-growing market during the forecast period in the global Crop protection chemicals
The key markets in the Asia Pacific region include China, India, Japan, and the Rest of Asia Pacific. The Asia-Pacific, a region where agricultural systems and technologies vary from one country to another, consists of about 40%, that is, 600 million hectares of the global crop area. Rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of the Asia-Pacific region.
The increasing awareness about pesticides and continuous technological advancements are factors contributing to the growth of this market. In addition to this, the growing demand for crops and rising cultivation in the countries of Asia-Pacific have forced agribusiness companies to expand their supplier and manufacturing base in the region.
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