Foliar Spray Market: Projected Growth to $11.5 Bn by 2031, CAGR of 6% | Yara, ICL, EuroChem Group, K+S Aktiengesellschaft, Haifa Negev Technologies LTD

The Foliar Spray Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Foliar Spray market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Foliar Spray Market reached US$ 7.2 billion in 2023 and is expected to reach US$ 11.5 billion by 2031, growing with a CAGR of 6% during the forecast period 2024-2031.

Foliar spray is a method of applying liquid fertilizers, pesticides, or plant nutrients directly to the leaves of plants. This technique allows for faster absorption by the plant, as the leaves can quickly take in nutrients through their stomata. Foliar spraying is commonly used to address nutrient deficiencies and control pests or diseases. It is an efficient way to deliver nutrients, especially when soil application is less effective.

Key Developments:

❁ In June 2023, ICL, a global leader in specialty minerals, launched a new range of advanced foliar and fertigation solutions under its Nova brand in North America. The new lineup includes Nova FINISH, Nova PULSE, Nova ELEVATE and Nova FLOW, designed to enhance crop nutrition with high-purity, water-soluble N-P-Ks and micronutrients.

❁ In May 2023, Yara International constructed a new global production facility in Yorkshire, UK, aimed at expanding its specialty crop nutrition and biostimulant output. The plant will significantly increase Yara Vita's production capacity and enhance global export capabilities.

List of the Key Players in the Foliar Spray Market:

Yara, ICL, EuroChem Group, K+S Aktiengesellschaft, Haifa Negev Technologies LTD, Coromandel International Limited, Gujarat State Fertilizers & Chemicals Limited (GSFC), Aries Agro Limited, Mosaic and Tribodyn GmbH.

Research Process:

Both primary and secondary data sources have been used in the global Foliar Spray Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Foliar Spray Market:

By Type: Nitrogenous, Phosphatic, Potassic, Micronutrients, Others

By Form: Powder, Liquid, Granules

By Crop Type: Horticultural Crops, Field Crops, Turf & Ornamentals, Others

By Distribution Channel: Direct Sales, Retail, Distributors

By Application Method: Ground Application, Aerial Application

Regional Breakout:

The global Foliar Spray Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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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 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 Foliar Spray Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains chapter wise data, as well as information about the research scope, major manufacturers covered, market segments, Foliar Spray market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Foliar Spray Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Foliar Spray market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Foliar Spray Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently Asked Questions

✹ What is the expected growth rate of the global market for the forecast period?

✹ What are the key driving factors that are responsible to shape the fate of the Foliar Spray market during the forecast period?

✹ What will be the overall size of the market during the analysis period?

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✹ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

✹ What are the challenges and threats that are likely to act as a barrier to the growth of the Foliar Spray market?

✹ What are the major opportunities that the companies can get to attain success in the world?

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