Product Code: CMI6650
The foliar spray market size is expected to reach US$ 9.70 Bn by 2031, from US$ 7.30 Bn in 2024, at a CAGR of 4.1% during the forecast period.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 7.30 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
4.10% |
2030/2031 Value Projection: |
US$ 9.70 Bn |
Figure 1. Foliar Spray Market Share (%), By Region, 2024
Foliar sprays refer to applications of liquid fertilizers or agricultural chemicals directly to plant leaves through spraying. This targeted method of delivery allows for the efficient absorption of nutrients and other substances by leaves. As growing environmental and economic pressures drive the demand for sustainable farming practices, foliar sprays have gained popularity due to their advantages over traditional soil applications. By bypassing the soil medium, foliar sprays can more quickly correct micronutrient deficiencies in plants. They also reduce the risk of groundwater contamination compared to soil applications. With organic and sustainable agriculture on the rise, the foliar spray market is expected to grow steadily in the coming years.
Market Dynamics:
The global foliar spray market is driven by the rising demand for organic and residue-free food products. Consumers are increasingly health-conscious and prefer fruits and vegetables that have little to no traces of pesticides. This has propelled farmers to adopt foliar sprays that minimize soil contamination and produce crops with fewer residues. Another major factor propelling the market growth is the cost-effectiveness of foliar sprays. They require smaller quantities of nutrients to achieve the same results as soil applications, thereby reducing input costs for farmers. However, stringent regulations pertaining to adjuvants and surfactants used in foliar sprays pose a challenge to market players. Also, over-dependence on foliar sprays could reduce soil quality over the long run. This presents an opportunity for integrated pest management solutions. The global foliar spray market is driven by the need for efficient nutrient delivery methods for crops. Soil applications can often be inefficient with nutrients leaching away before plants can absorb them. Foliar sprays work faster to correct deficiencies.
Key features of the study:
- This report provides an in-depth analysis of the global foliar spray market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global foliar spray market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include ANDAMAN AG, Nutrient Technologies, Yara, Aries Agro Limited, and EuroChem
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global foliar spray market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global foliar spray market
Detailed Segmentation:
- Foliar Spray Market, By Type
- Nitrogenous
- Potassic
- Micronutrients
- Phosphatic
- Foliar Spray Market, By Form
- Foliar Spray Market, By Application
- Horticulture Openfield
- Horticulture
- Greenhouse
- Field Crops
- Turf & Ornamental
- Others
- Foliar Spray Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Top Companies in the Foliar Spray Market
- ANDAMAN AG
- Nutrient Technologies
- Yara
- Aries Agro Limited
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Form
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising Demand for Enhanced Crop Yield and Quality
- Growing Environmental and Sustainability Concerns
- Difficulty in Proper Application Techniques Restrains the Market Growth
- High Equipment and Operational Costs Limit Widespread Adoption
- Product Innovation for Different Crop Types
- Export Markets Expansion
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Foliar Spray Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Foliar Spray Market, By Type, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Nitrogenous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Potassic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Micronutrients
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Phosphatic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
6. Foliar Spray Market, By Form, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
7. Foliar Spray Market, By Application, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Horticulture Openfield
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Horticulture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Greenhouse
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Field Crops
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Turf & Ornamental
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
8. Foliar Spray Market, By Region, 2019 - 2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (US$ Bn)
- GCC
- Israel
- Rest Of Middle East
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031,(US$ Bn)
- Brazil
- Mexico
- Argentina
9. Competitive Landscape
- Company Profiles
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Company Highlights
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
10. Section
- References
- Research Methodology
- About us