Foliar Fertilizer Market Forecasts to 2028 – Global Analysis by Type (Bio-Type Foliar Fertilizer, Nutrient-Type Foliar Fertilizer, Compound Foliar Fertilizer), Form (Liquid, Powder), Crop Type (Flowers, Fruits and Vegetables, Cereals and Grains, Oilseeds

Foliar Fertilizer Market Forecasts to 2028 – Global Analysis by Type (Bio-Type Foliar Fertilizer, Nutrient-Type Foliar Fertilizer, Compound Foliar Fertilizer), Form (Liquid, Powder), Crop Type (Flowers, Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Other Crop Types), Sources (Natural/Organic, Conventional), Type (Bio-Type Foliar Fertilizer, Nutrient-Type Foliar Fertilizer, Compound Foliar Fertilizer), Composition (Phosphorus, Potassium, Nitrogen, Other Compositions), Application, End User and By Geography

According to Stratistics MRC, the Global Foliar Fertilizer Market is growing at a CAGR of 8.5% during the forecast period. Foliar fertilization involves spraying liquid fertilizer on a plant's leaves to nourish it. Foliar fertilizer is a liquid fertilizer that is sprayed right on plant leaves. This technique is quite helpful since fertilizers come into direct contact with the plants, allowing them to absorb nutrients through their stomata and epidermis. To enhance crop conditions and agricultural productivity, foliar nutrients are supplied in powder form and sprayed on plant leaves. Foliar fertilizers should be treated cautiously because their solid form dissolves slowly in water. A high dosage might burn seedlings, while a low concentration has a poor impact.

According to the Canada agriculture census 2011-16, the area under green house cultivation in Ontario has registered 30% increase between 2011 and 2016. According to the Ministry of Agriculture and Farmers Welfare, during the fiscal year 2019, the volume of horticulture production in India was over 313 million metric metric ton. Fresh fruits were the most valuable horticulture product exported from India in the fiscal year 2020, with a value of over INR 54 billion. In that year, the South Asian country exported over 819 thousand metric metric ton of fruits.

Market Dynamics:

Driver:

Increasing Indoor farming

Globally, indoor farming is expanding due to its advantages over outside farming. Despite the significant investment, indoor farming is growing all over the world due to great production and a significant reduction in the use of water, pesticides, and crop nutrition supplies. While most indoor farms use soil-free growing techniques including hydroponics, vertical farming, and geoponics, others opt to use foliar spraying to supply extra nutrition.

Restraint:

Growth of the organic fertilizer industry

Due to growing public awareness of the need for changes in the areas of food safety, environmental protection, human health, and animal welfare, the market for organic foods has been expanding significantly in emerging nations. Organic farming methods lessen the usage of chemical fertilisers, which are being replaced by organic manures to give plants adequate nutrition. Farm outputs that are produced organically sell for more money than those that are conventional, which is encouraging farmers to think about switching to organic farming. The usage of chemical fertilisers has decreased as a result of expanding organic farming methods and increased consumer demand for products free of chemicals, which has slowed the market expansion for foliar sprays.

Opportunity:

Limited availability of land

Rapid industrialization and a rise in the number of new buildings worldwide are the main causes of the large decline in arable land over time. Due to the removal of grass and weeds, an increase in pastures for animal feed and bio-based chemical feedstock has resulted in a decrease in arable land. Farmers are making the most use of the land that is available for agriculture because there is less arable land and more demand for agricultural products.

Threat:

Volatility in prices

The foliar fertilizer market is subject to strict regulation. Countries with tight supply-demand conditions impose export bans to discourage fertilizer exports. Trade policies frequently change, which prevents manufacturers from growing their firms. The foundations of international trade are impacted by how China's export policy affects its local manufacturers and the supply of goods. The foliar spray market's expansion is hampered by these factors, which also cause price volatility for the items they affect.

Covid-19 Impact:

Due to the abrupt COVID-19 pandemic outbreak, various industries are seeing a sharp fall in demand and production due to the government-issued social seclusion rules and the country's lockdown. The COVID-19 epidemic had a negligible influence on the market for liquid fertilizers. The main reason for the limited influence on the expansion of liquid fertilizers is the supportive government initiative to guarantee the farmers have access to enough fertilizers. However, the expansion of the liquid fertilizer market around the world has been significantly impacted by delays and disruptions at various country borders, disruptions in the supply chain, and poor transportation networks.

The fruits and vegetables is expected to be the largest during the forecast period

Based on the crop type fruits and vegetables were anticipated to have the biggest market share over the study period. Over the past two decades, there has been a significant growth in fruit consumption, and this trend is anticipated to continue in the next years. An increase in crop plantation area as a result of increased fruit and vegetable exports has led to higher output levels. The market for foliar fertilizers and pesticides for fruits and vegetables is anticipated to increase significantly as a result. As a result, market expansion is anticipated.

The cereals and grains segment is expected to have the highest CAGR during the forecast period

During the projected period, the segment for cereals and grains is anticipated to increase at the greatest CAGR. Additionally, due to rising demand for crops like corn, wheat, rice, and sorghum across numerous industries, more crop protection chemicals will likely be used to raise the yield of these cereals. These factors will cause the category to grow at the quickest rate throughout the projection period.

Region with highest share:

Asia Pacific is predicted to hold the highest share of the market for foliar fertilisers throughout the forecast period. Foliar fertiliser application has long been used in the nation's many crops, especially cereal and horticulture crops. To increase crop yields, farmers in China heavily apply zinc and iron to rice fields. In addition, micronutrient foliar applications for fruits and vegetables are a common practise in China to raise crop quality. Additionally, throughout the anticipated period, the market for fertilisers is anticipated to rise due to the rising need for basic food items like fruits and vegetables.

Region with highest CAGR:

During the forecast period, North America is anticipated to have the highest CAGR growth rate. The main factor driving the need for indoor farming, which in turn has an impact on the region's sales of foliar fertilisers, is the rising demand for foods that are very nutritious. The United States is seeing a growth in indoor farming as the demand for greenhouse-grown lettuce and tomatoes rises as well.

Key players in the market

Some of the key players in Foliar Fertilizer market include PLANTIN SARL, Kugler Company, J.R. Simplot Company, SAMJEON ORGANIC FERTILIZER CO, Baicor LLC, Agro Liquid, Sustainable Agro Solutions S.A, Miller Chemical And Fertilizer Corporation LLC., Koch Fertilizer LLC, Yara International ASA, ICL Specialty Fertilizers, SprayGro, Nakashima Co. Ltd, Amega Sciences USA, Arysta Life science, Haifa Group, Stroller Europe SLU, JR Simplot Company, GSFC Ltd, Nutrien Ltd.

Key Developments:

In June 2019, Yara North America launched Yara Vita Optimum Turf, a foliar nutrition line specifically designed for the turf and ornamental industry. Yara Vita Optimum Turf includes eight products that each deliver a specific nutrient or nutrient mix for efficiently sustaining turf grass and plant health, thus, boosting performance, durability, and aesthetics.

In March 2019, AmegA Sciences USA launched its six new foliar nutrition products with excellent performance and unparalleled value.

In 2018, Yara Brasil Fertilizantes SA opened a new fertilizer plant in Brazil that produces foliar fertilizers for crops, including soybeans and corn. The new unit is in São Paulo state near the port of Santos.

Product Types Covered:
• Nutritional Spray Fertilizer
• Crop Protection Spray Fertilizer
• Other Product Types

Form Covered:
• Liquid
• Powder

Crop Types Covered:
• Flowers
• Fruits and Vegetables
• Cereals and Grains
• Oilseeds and Pulses
• Other Crop Types

Sources Covered:
• Natural/Organic
• Conventional

Types Covered:
• Bio-Type Foliar Fertilizer
• Nutrient-Type Foliar Fertilizer
• Compound Foliar Fertilizer

Composition Covered:
• Phosphorus
• Potassium
• Nitrogen
• Intensity of Rivalry
• Bargaining Power 0f Buyers
• Pricing Analysis
• Other Compositions

Application Covered:
• Field Crops
• Horticulture Crops
• Turf And Ornamentals
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements