Fresh Perspectives on the Global Foliar Spray Market to Get Your Business Strategy Ready
The global market for Foliar Spray is projected to reach US$7.4 billion by 2025, driven by the growing popularity of smart strategies for managing nutrition of plants.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Foliar Spray market. Report segmentation includes Application (Horticultural Crops, Field Crops, Turfs & Ornamentals, Other Applications); Type (Nitrogenous, Phosphatic, Potassic, Micronutrients) ).
7 June 5:59 A.M., California/Marketwire/ - According to the new market research report, the global market for Foliar Spray is projected to reach US$7.4 billion by 2025, driven by the growing popularity of smart strategies for managing nutrition of plants. Plant nutrition is growing in Importance against the backdrop of food security goals that prioritizes availability of sufficient, safe, and nutritious food for all. Efforts to maximize crop production are therefore creating strong commercial opportunities for smart fertilizer solutions. Liquid fertilizers, in this regard, are growing in prominence for their numerous benefits. Among the many forms of liquid fertilizer application, foliar application is witnessing strong growth since faster nutrient absorption takes place through leaves in comparison with the roots.
The leaf represents the storehouse of energy and spraying fertilizers directly on the leaves aids in easy passage of nutrients through the vascular system (leaf & stem) of the plant. Foliar feeding is also well suited in dry drought prone areas where soil water is sub-optimal preventing absorption of dry fertilizer elements. Economic, social and environmental benefits offered by reduced fertilizer use are driving growth of foliar spraying practices. Small applications of foliar nutrition can result in large increases in crop productivity thus reducing the volume of fertilizers used. Foliar sprays help increase availability of plant sugars, by over 25% to 30%, which are vital for soil bacteria to survive and breakdown rock powders into nutrients needed by plants. They are therefore extremely beneficial for Rhizosphere microflora. They have trace minerals which help correct mineral deficiencies and positively impact crop physiology. Several foliar feeding agro programs on farms have revealed significant improvements in crop quality. Corns and strawberries which are foliar fed have darker colors, more stalks, stems, and leaves with little or no signs of drought stress. In comparison, farms with granular soil fertilizer applications have a higher risk of producing crops with faded colors, stunted and delayed growth. Foliar feeding is therefore increasingly becoming a key part of comprehensive programs aimed at holistically improving plant health. Rather than being a substitute for healthy soil, foliar feeding is an effective supplementary form of fertilization. When combined with basal fertilization, it also helps control pests such as spider mites, grasshoppers and other insects. The growing interest in hydroponics as the future of agriculture supported by factors such as declining availability of arable land for farming and focus on higher yields and harvest cycles, are poised to benefit demand for foliar sprays. In the absence of soil, foliar feeding is of vital importance for hydroponics growers to ensure that plants receive required nutrients.
Key Competitors Covered in the Report
Coromandel International Limited
Gujarat State Fertilizers & Chemicals Ltd.
Hebei Monband Water Soluble Fertilizer Co., Ltd.
Israel Chemicals Limited (ICL)
Yara International ASA
Geographies Analyzed in the Report
China, Europe (France, Germany, Italy, UK, Spain, Russia, Rest of Europe)
Asia-Pacific (Australia, India, South Korea, Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Colombia, Mexico, Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, UAE, Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 404. Among this pool, 81 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 16 unique participations, a total of 7 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
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