Press release
Foliar Fertilizer Market Size And Forecast-2022-2028
The research study on the global Foliar Fertilizer market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the Foliar Fertilizer market are included in the report.The Foliar Fertilizer market is expected to grow at a CAGR of 5.6% over the forecast period (2022-2028), according to Market intelligence data.
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Main Key Players:
Nutrien, Apache Corporation, ICL, Arab Potash Company Plc, Aries Agro Limited, Coromandel International Limited, Eurochem, Gujarat State Fertilizers And Chemicals Limited, Haifa Chemicals Limited, Israel Chemicals Limited, K+S, Yara ,Kuibyshevazot, Orascom Construct and others.
Recent Developments
In 2021, ICL acquired Compass Minerals América do Sul SA, which includes the South American Plant Nutrition business of Compass Minerals, for approximately USD 420 million. Its product portfolio includes enhanced efficiency fertilizers and controlled-release fertilizers, soil, and foliar micronutrients, among other categories.
In 2020, Nutrien Ltd acquired Tec Agro Group (Tec Agro), a leading agricultural retailer in the state of Goiás, with close to 25 years of service to farmers and eight retail branches. With the acquisition, Nutrien now owns a premier soybean seed business and the Agrichem business, which produces specialties and foliar fertilizers in Brazil.
In June 2019, Yara North America launched YaraVita OptimumTurf, a foliar nutrition line specifically designed for the turf and ornamental industry. YaraVita OptimumTurf includes eight products that each deliver a specific nutrient or nutrient mix for efficiently sustaining turfgrass and plant health, thus, boosting performance, durability, and aesthetics.
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.
Dividing the Global Foliar Fertilizer Market by Product types and Application
Segmentation By Type:
Nitrogenous Fertilizers
Phosphatic Fertilizers
Potassic Fertilizers
Macronutrients & Micronutrients
Segmentation By Application:
Field Crops
Horticulture Crops
Turf and Ornamentals
Rest Crops
Market Analysis and Insights: Global Foliar Fertilizer Market
Foliar Fertilizer Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Foliar Fertilizer industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.
The report on the Foliar Fertilizer market covers the following region (country) analysis:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
Asia-Pacific Dominating the Market
Asia-Pacific currently dominates the market. Recent studies have indicated that zinc deficiency is the most widespread micronutrient deficiency in China. More than 50% of arable soils are low in zinc, limiting agricultural growth and improvement in human nutrition. Hence, the foliar application of zinc has a potential market in the country to improve the zinc content of food crops.
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Key takeaways from the Foliar Fertilizer Industry study
- Simplified and insightful comprehensive Foliar Fertilizer market analysis
- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges
- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends
- Exact Foliar Fertilizer industry valuation
- Future forecasts and Foliar Fertilizer market estimations followed by a demand to supply ratio projections
- Competitive benchmarking coupled with competitive analysis
- Key strategic initiatives fuelling Foliar Fertilizer market growth
- In-depth assessment of the product, application, and regional segments
- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies
Following are the major TOC of the Foliar Fertilizer Market:
Chapter 1: Foliar Fertilizer Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Foliar Fertilizer Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Foliar Fertilizer Market Forecast
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The years considered for the study are as follows:
Base Year: 2021
Estimated Year: 2022
Projected Year: 2028
Forecast Period: 2022 to 2028
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