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Foliar Spray Market : Industry Analysis and Opportunity Assessment

01-24-2022 09:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: SDKI

Foliar Spray Market : Industry Analysis and Opportunity

SDKI Inc. published a new report on the foliar spray market. This study includes the statistical and analytical approaches needed to grow the foliar spray market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-113986

The global foliar spray market is projected to register a CAGR of 5% or more during the forecast period (2022-2030). Increasing demand for foliar sprays from horticultural crops is a major driver of market growth. In addition, market growth can be attributed to increased spraying costs, ease of application, innovative production practices, new product offerings, increased availability, and the emergence of micro-irrigation and mechanized irrigation systems.

The foliar spray ensures a uniform application of micronutrients to the plant with minimal waste. Leaf spray technology uses fertilizer directly on the leaves of the plant. This technique is very efficient and results in improved crop quality. The ultimate goal of foliar spray technology is to supply the plants with the required amount of nutrients through the leaves and prevent soil toxicity due to over-fertilization. The unique advantages of foliar application, such as easy application, uniform distribution of nutrients and increased agricultural production, have increased the demand for these foliar application products on lawns and gardens, leading to the growth of the foliar spray market. I am contributing. However, factors such as rising demand for organic fertilizers in agriculture and the disadvantages of the COVID-19 epidemic can hinder market growth.

COVID-19 affected crop maturity and harvest. Due to blockade regulations and stay-at-home orders, the majority of farmers are afraid to leave their homes. Lockdown is farming when crops such as paddy fields, corn, red joirs, peppers and tomatoes, and horticultural products such as bananas, watermelons, melons, sweet limes, grapes, pomegranates and papayas are ready for harvest. It hit the department. All of these factors reduce consumption and demand in the foliar spray market.

Market segment

The foliar spray market is by chemicals (phosphate, nitrogen, potassium, calcium, micronutrients, etc.), product types (powder and liquid), and uses (garden crops, agricultural crops, orchard crops, vegetables, turf). Etc.), and divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on usage, the horticultural crop segment is expected to grow at maximum growth rate. Leaf feed has been widely used and accepted as an integral part of crop production, especially in horticultural crops. Fruit trees can be treated by foliar infestation due to the spread of spider mites during the summer. The horticultural sector has become one of the main drivers due to the low amount of water available, the growing number of small farms and the higher rewards than the agricultural sector. India has diverse climatic and physio-geographical conditions, making it ideal for growing horticultural crops such as fruits, vegetables, flowers, nuts, spices and plantation crops. As a result, India has recently become one of the world's leading producers of horticulture. These factors are expected to contribute to the growth of this segment.

Area overview

The Asia Pacific region is expected to dominate the foliar spray market during the forecast period. In this region, the demand for foliar sprays from garden crops is increasing and the consumption in countries such as China, Japan and India is high, so the use of foliar sprays in the agricultural sector is expanding. The largest producers of foliar sprays are in the Asia Pacific region. China occupies 7% of the world's total agricultural area and feeds 22% of the world's population. China will be a major producer of 588.26 million metric tons of fresh vegetables worldwide in 2019. India, on the other hand, is the second largest producer of fresh vegetables, with a total of 132.03 million tonnes in 2019. Due to these factors, the foliar spray market in the Asia Pacific region is projected to grow significantly during the forecast period.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, and other Asia Pacific); Latin America (Brazil, Mexico, Argentina, and other Latin). USA); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy, Spain) , Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Major key players on the market

Key players in the foliar spray market include ANDAMAN AG, Nutrient Technologies, Yara, Aries Agro Limited and EUROCHEM. The survey includes a detailed competitive analysis of these major companies in the foliar spray market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/foliar-spray-market/113986

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

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