Foliar Spray Market Growth, Trends & Insights | Global Industry Analysis 2024-2031 | Top key players - Yara, ICL, EuroChem Group.

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 Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Foliar Spray Market involves the use of liquid fertilizers or plant protection products applied directly to plant leaves. This method promotes faster nutrient absorption and helps protect crops from pests and diseases. Widely used in agriculture, it enhances plant growth, increases yields, and supports sustainable farming practices. The market is driven by the demand for high-quality crops and efficient farming techniques.

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.

Industry Development:

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

In May 2023, Yara International completed the construction of a new global production facility in Yorkshire, UK, focused on expanding its specialty crop nutrition and biostimulant production. This new facility is set to significantly boost Yara Vita's production capacity and strengthen its global export capabilities, supporting the company's strategic growth in crop nutrition.

Growth Forecast Projected:

The Global Foliar Spray Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

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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 Analysis for Foliar Spray Market:

The regional analysis of the Foliar Spray Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Foliar Spray market?

➠ Who are the leading manufacturers in the global Foliar Spray industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Foliar Spray industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Foliar Spray market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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