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Foliar Spray Trends and Forecast
The future of the global foliar spray market looks promising with opportunities in the horticultural crop, field crop, and turf & ornamental markets. The global foliar spray market is expected to reach an estimated $10.1 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing concern towards food security, increased awareness towards foliar spray products in emerging markets, and rising demand for more sustainable and eco-friendly solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Foliar Spray by Segment
The study includes a forecast for the global foliar spray by type, form, application, and region.
Foliar Spray Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Nitrogenous
• Phosphatic
• Potassic
• Micronutrients
Foliar Spray Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Powder
• Liquid
Foliar Spray Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Horticultural Crops
• Field Crops
• Turfs & Ornamentals
• Others
Foliar Spray Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Foliar Spray Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies foliar spray companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the foliar spray companies profiled in this report include-
• EuroChem
• Nutrien
• Yara
• Israel Chemical
• Gujarat State Fertilizers & Chemicals
Foliar Spray Market Insights
Lucintel forecasts that liquid is expected to witness the higher growth over the forecast period due to its increasing usage in agriculture to increase crop yields and improve plant health.
Within this market, horticultural crop is expected to witness the highest growth due to increasing adoption of this spray to provide a quick and efficient method of delivering nutrients directly to the plant.
Europe is expected to witness highest growth over the forecast period due to the rising demand for high-quality crops and growing requirement to maximize yield in a sustainable manner.
Features of the Global Foliar Spray Market
Market Size Estimates: Foliar spray market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Foliar spray market size by type, form, application, and region in terms of value ($B).
Regional Analysis: Foliar spray market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, forms, applications, and regions for the foliar spray market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the foliar spray market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the foliar spray market size?
Answer: The global foliar spray market is expected to reach an estimated $10.1 billion by 2030.
Q2. What is the growth forecast for foliar spray market?
Answer: The global foliar spray market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the foliar spray market?
Answer: The major drivers for this market are growing concern towards food security, increased awareness towards foliar spray products in emerging markets, and rising demand for more sustainable and eco-friendly solutions.
Q4. What are the major segments for foliar spray market?
Answer: The future of the foliar spray market looks promising with opportunities in the horticultural crop, field crop, and turf & ornamental markets.
Q5. Who are the key foliar spray market companies?
Answer: Some of the key foliar spray companies are as follows:
• EuroChem
• Nutrien
• Yara
• Israel Chemical
• Gujarat State Fertilizers & Chemicals
Q6. Which foliar spray market segment will be the largest in future?
Answer: Lucintel forecasts that liquid is expected to witness the higher growth over the forecast period due to it used in agriculture to increase crop yields and improve plant health.
Q7. In foliar spray market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to the rising demand for high-quality crops and growing requirement to maximize yield in a sustainable manner.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the foliar spray market by type (nitrogenous, phosphatic, potassic, and micronutrients), form (powder and liquid), application (horticultural crops, field crops, turfs & ornamentals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Foliar Spray Market, Foliar Spray Market Size, Foliar Spray Market Growth, Foliar Spray Market Analysis, Foliar Spray Market Report, Foliar Spray Market Share, Foliar Spray Market Trends, Foliar Spray Market Forecast, Foliar Spray Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Foliar Spray Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Foliar Spray Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Foliar Spray Market by Type
3.3.1: Nitrogenous
3.3.2: Phosphatic
3.3.3: Potassic
3.3.4: Micronutrients
3.4: Global Foliar Spray Market by Form
3.4.1: Powder
3.4.2: Liquid
3.5: Global Foliar Spray Market by Application
3.5.1: Horticultural Crops
3.5.2: Field Crops
3.5.3: Turfs & Ornamentals
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Foliar Spray Market by Region
4.2: North American Foliar Spray Market
4.2.1: North American Foliar Spray Market by Form: Powder and Liquid
4.2.2: North American Foliar Spray Market by Application: Horticultural Crops, Field Crops, Turfs & Ornamentals, and Others
4.3: European Foliar Spray Market
4.3.1: European Foliar Spray Market by Form: Powder and Liquid
4.3.2: European Foliar Spray Market by Application: Horticultural Crops, Field Crops, Turfs & Ornamentals, and Others
4.4: APAC Foliar Spray Market
4.4.1: APAC Foliar Spray Market by Form: Powder and Liquid
4.4.2: APAC Foliar Spray Market by Application: Horticultural Crops, Field Crops, Turfs & Ornamentals, and Others
4.5: ROW Foliar Spray Market
4.5.1: ROW Foliar Spray Market by Form: Powder and Liquid
4.5.2: ROW Foliar Spray Market by Application: Horticultural Crops, Field Crops, Turfs & Ornamentals, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Foliar Spray Market by Type
6.1.2: Growth Opportunities for the Global Foliar Spray Market by Form
6.1.3: Growth Opportunities for the Global Foliar Spray Market by Application
6.1.4: Growth Opportunities for the Global Foliar Spray Market by Region
6.2: Emerging Trends in the Global Foliar Spray Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Foliar Spray Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Foliar Spray Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: EuroChem
7.2: Nutrien
7.3: Yara
7.4: Israel Chemical
7.5: Gujarat State Fertilizers & Chemicals
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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