Press release
Global Foliar Spray Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Foliar Spray Market Size
What Is the Foliar Spray Market Size and Projected Growth Rate?
The foliar spray market size has grown strongly in recent years. It will grow from $7.1 billion in 2024 to $7.58 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased crop yield, growing adoption of precision agriculture, rising demand for high-quality crops, increased awareness about plant health, and the expansion of agricultural land.
The foliar spray market is projected to reach $9.74 billion by 2029, growing at a CAGR of 6.5%. This growth is driven by rising food demand, the rise of organic farming, investment in agricultural research, and favorable weather for crop growth. Key trends include organic and natural sprays, precision farming, drone technology adoption, and eco-friendly products.
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What Are the Major Segments in the Foliar Spray Market?
The foliar spraymarket covered in this report is segmented -
1) By Type: Nitrogenous, Phosphatic, Potassic, Micronutrients
2) By Form: Powder, Liquid
3) By Application: Horticultural Crops, Field Crops, Turfs And Ornamentals, Other Applications
Subsegments:
1) By Nitrogenous: Urea Foliar Sprays, Ammonium Nitrate Foliar Sprays, Calcium Nitrate Foliar Sprays, Organic Nitrogen Foliar Sprays
2) By Phosphatic: Monoammonium Phosphate (MAP) Sprays, Diammonium Phosphate (DAP) Sprays, Phosphoric Acid Foliar Sprays, Organic Phosphorus Foliar Sprays
3) By Potassic: Potassium Nitrate Foliar Sprays, Potassium Sulfate Foliar Sprays, Muriate of Potash Foliar Sprays, Organic Potassium Foliar Sprays
4) By Micronutrients: Zinc Foliar Sprays, Iron Foliar Sprays, Manganese Foliar Sprays, Boron Foliar Sprays, Copper Foliar Sprays
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What Are The Driving Foliar Spray Market Evolution?
A trend toward organic farming is expected to contribute to the foliar spray market. This shift is fueled by demand for chemical-free produce and eco-friendly farming practices. Foliar sprays used in organic farming improve crop health and productivity while meeting organic certification. In June 2024, Eurostat reported 16.9 million hectares of EU farmland were organic in 2022, up from 15.9 million in 2021, making up 10.5% of all agricultural land. Thus, the organic farming trend supports the foliar spray market.
Which Firms Dominate The Foliar Spray Market Segments?
Major companies operating in the foliar spray market are BASF SE, Syngenta AG, Bayer CropScience AG, Yara International, The Mosaic Company, Corteva Agriscience Inc., Sumitomo Chemical Company Limited, Israel Chemical Ltd., Nutrien Ltd., UPL Limited, FMC Corporation, ADAMA Agricultural Solutions Ltd., EuroChem Group AG, K+S AG, Nufarm Limited, GSFC Ltd (Gujarat State Fertilizers & Chemicals Ltd), Haifa Chemicals Ltd., Aries Agro Limited, Valent Biosciences Corporation, AgroLiquid, Hebei Monband Water Soluble Fertilizer Co Ltd., WinField United, Coromandel International Limited, Lima Europe NV, Tribodyn AG
What Are the Latest Developing Trends in the Foliar Spray Market?
In the foliar spray market, companies are developing crop-specific foliar adjuvants to enhance pest control and resistance management. For example, in August 2024, Brazil's BRQ Brasilquímica introduced the Asperse foliar adjuvant, which enhances spray effectiveness by improving spreading, wetting, and drift control, particularly for fungicides on crops like soybeans and cotton.
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Which Is The Largest Region In The Foliar Spray Market?
Asia-Pacific was the largest region in the foliar spray market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the foliar spray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Foliar Spray Market?
2. What is the CAGR expected in the Foliar Spray Market?
3. What Are the Key Innovations Transforming the Foliar Spray Industry?
4. Which Region Is Leading the Foliar Spray Market?
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