Press release
Fertigation & Chemigation Market: $49.02 Billion Growth Estimated in 2025, Revels in 7.3% CAGR backed by Opportunities from Precision Farming and Sustainability Initiatives
Fertigation & Chemigation Market Size
What Is The Projected Market Size Of The Global Fertigation & Chemigation Market And Its Growth Rate?
• The fertigation & chemigation market has shown strong growth in recent years. From $45.69 billion in 2024, the market is projected to grow to $49.02 billion in 2025, revealing a compound annual growth rate (CAGR) of 7.3%.
• The market is forecasted to expand to $65.69 billion in 2029 with a robust CAGR of 7.6%.
• The significant factors bolstering market growth include precision agriculture adoption, water scarcity concerns, agricultural productivity demands, and government initiatives for environmental sustainability.
• Market future trends poised for growth include digital farming platforms, smart agriculture technologies, tailored nutrient programs, variable rate technology (VRT), remote monitoring control, and automation in smart farming.
What Is Driving The Growth In The Fertigation & Chemigation Market?
The escalating vegetable production serves as a key driver in the growth of the fertigation and chemigation market. The application of drip irrigation, a preferred method in vegetable cultivation, lessens water contact with crop foliage, thereby minimizing the risk of crop diseases. For instance, the UK's Department for Environment Food & Rural Affairs reported a significant surge in potato value by £237 million ($296.25 million) or 30.8% from 2022, escalating the total value to £1,005 million ($1.26 billion) in 2023. Hence, the burgeoning demand for vegetable production sets the stage for burgeoning growth in the fertigation and chemigation market.
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Who Are the Key Players Driving Fertigation & Chemigation Market Growth?
Key players in the fertigation & chemigation market include
• Jain Irrigation Systems Ltd.
• Lindsay Corporation
• Netafim Global
• Rain Bird Corporation
• Rivulis Irrigation Ltd.
• T-L Irrigation Company
• Epc Industries
• Finolex Plasson Industries Ltd.
• Galcon Ltd.
• Greentech India
• Mahindra & Mahindra Limited
• Sentinel Fertigation
• FlyBird Farm Innovations
• Feeco International
• EZ-FLO Injection Systems
• Valmont Industries Inc.
• Nelson Irrigation Corporation
• The Toro Company
• Senninger Irrigation Inc.
• Smart Irrigation Systems Inc.
• Stago Irrigation
• Supreme Irrigation Systems
• Valley Irrigation Inc.
• Vesconite Industries
• Weathermatic
• Fimco Inc.
• Flow-Matic Irrigation
• Hydro-Gardens Inc.
• Hunter Industries
• IDEX Corporation
What Are The Key Trends In The Fertigation & Chemigation Market?
Defining trends in the fertigation & chemigation market include
• Digital farming platforms: Revolutionizing agriculture with integrated technological expertise.
• Smart agriculture technologies: Maximizing farm efficiency with future-ready solutions.
• Tailored nutrient programs: Boosting crop yield with customized nutrient strategies.
• Variable rate technology (VRT): Enhancing precision farming with spatial variability.
• Remote monitoring control: Advancing crop health and yield with real-time monitoring.
• Automation & smart farming: Pioneering the future of agriculture with tech-driven farming.
What Are The Segments Of The Global Fertigation & Chemigation Market?
The global fertigation & chemigation market categories include
• By Technique: Drip, Other Techniques
• By Input Type: Fertilizers, Insecticides, Fungicides, Herbicides, Other Input Types
• By Crop Type: Food Crops, Cash Crops, Horticulture Crops, Plantation Crops, Turf and Ornamental, Other Crop Types
• By End Use: Agriculture, Horticulture, Greenhouse, Other End Users
Which Region Leads The Fertigation & Chemigation Market?
In 2024, Europe maintained its stance as the largest market for fertigation and chemigation. North America is the upcoming hotbed for market growth, predicted to be the fastest-growing region over the forecast period. Other regions in the global fertigation & chemigation market include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Fertigation & Chemigation Market Global Market Report?
- Market Size Analysis: Analyze the Fertigation & Chemigation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fertigation & Chemigation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fertigation & Chemigation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fertigation & Chemigation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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