Press release
Foliar Spray Market is Expected to Reach Huge Growth by 2031 - EuroChem Group AG, Nutrient, K+S Aktiengesellschaft, Yara International ASA
The global Foliar Spray Market is anticipated to grow at a CAGR of 6.5% from 2024 to 2031. Foliar spray is a technique used to nourish plants by applying liquid fertilizer directly to their leaves, allowing plants to absorb essential nutrients through their foliage.Plants absorb nutrients more effectively through foliar sprays than through soil applications, leading to increased efficiency in nutrient uptake. This enhanced nutrient delivery method is driving the continuous growth of the foliar spray market. As a result, the adoption of foliar sprays is on the rise due to their superior effectiveness in plant nutrition.
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Market Dynamics:
The foliar spray market is driven by its high efficiency compared to traditional fertilizers, growing awareness of these products in developing regions, and increased demand for horticultural crops such as fruits and vegetables. However, the rise of organic and biofertilizers may pose a challenge to the growth of the foliar spray market.
Segment Covered in the Foliar Spray Market:
By Type: Nitrogenous, Phosphatic, Potassic, Micronutrients
By Application: Horticultural Crops, Field Crops, Turfs & Ornamentals
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Major Key players involved in Foliar Spray Market:
• EuroChem Group AG
• Nutrient
• K+S Aktiengesellschaft
• Yara International ASA
• Israel Chemicals Ltd.
• The Mosaic Company
• Gujarat State Fertilizers & Chemicals Ltd.
• Coromandel International Limited
• TRIBOdyn AG
• Hebei Monband Water Soluble Fertilizer Co., Ltd
Regional Analysis:
The global Foliar Spray Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The Foliar Spray Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Transradial Access Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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