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Dublin, December 30, 2020 (GLOBE NEWSWIRE) – The report “Foliar Spray – Global Market Trajectory & Analytics” has been added to ResearchAndMarkets.com from offer.
The global foliar spray market is projected to reach US $ 7.4 billion by 2025, driven by the growing popularity of smart plant nutrition management strategies.
Plant nutrition is increasingly important in the context of food security goals that prioritize the availability of sufficient, safe and nutritious food for all. A major challenge that must be met to achieve this goal is to minimize the gap between actual and potential return which is generally around 25% to 85%.
Efforts to maximize agricultural production therefore create strong business opportunities for smart fertilizer solutions. Liquid fertilizers, in this regard, are gaining importance for their many advantages such as the slow and sustained release of nutrients; uniform and balanced distribution of nutrients for plants; easy application and convenience; rapid and rapid absorption of nutrients compared to granular fertilizers; easy fertigation without the need for expensive special equipment as liquid fertilizers can be applied through the irrigation system; easy handling and reduced labor cost; faster application and longer life which reduces storage costs.
Among the many forms of liquid fertilizer application, foliar application experiences strong growth because faster nutrient uptake occurs through the leaves compared to the roots. The leaf represents the energy store and spraying fertilizer directly onto the leaves facilitates the passage of nutrients through the vascular system (leaf and stem) of the plant. Foliar feeding is also well suited in dry, drought-prone areas where soil water is suboptimal preventing uptake of dry fertilizer elements.
The economic, social and environmental benefits of reduced fertilizer use stimulate the growth of foliar spraying practices. Small applications of foliar nutrition can result in large increases in crop productivity, thereby reducing the volume of fertilizer used. Foliar sprays help increase the availability of plant sugars, by over 25% to 30%, which are vital for soil bacteria to survive and break down rock powders into nutrients needed by plants. They are therefore extremely beneficial for the microflora of the Rhizosphere. They contain trace elements that help correct mineral deficiencies and have a positive impact on the physiology of crops.
Several foliar agri-food programs on farms have revealed significant improvements in crop quality. Leaf-fed corns and strawberries have darker colors, more stems, stems, and leaves with little to no signs of drought stress. In comparison, farms with granular soil fertilizer applications have a higher risk of producing crops with faded colors, stunted and stunted growth. Foliar feeding is therefore increasingly becoming a key component of comprehensive programs aimed at improving overall plant health. Rather than substituting for healthy soil, foliar feeding is an additional effective form of fertilization. When combined with basal fertilization, it also helps in the control of pests such as spider mites, grasshoppers and other insects.
The growing interest in hydroponics as the future of agriculture, supported by factors such as the decrease in the availability of arable land for agriculture and the focus on higher yields and harvest cycles, should benefit the application of foliar sprays. In the absence of soil, foliar nutrition is vitally important for hydroponics growers to ensure that plants receive the necessary nutrients. The United States, China and Europe are major global markets with a combined 61.3% market share.
China also ranks as the fastest growing market with a CAGR of 7.8% over the analysis period, supported by the country’s efforts to shake off its history of fertilizer overuse without compromising yields. . The country’s centrally controlled government is aggressively pushing scientific agricultural methods and practices with enormous success. The country has so far achieved a reduction of more than 10-15% in fertilizer use per crop.
Main topics covered:
1. MARKET OVERVIEW
- Impact of Covid-19 and an impending global recession
- An introduction to foliar spraying
- Foliar Spray Market: Outlook and Prospect
- Nitrogen foliar sprays emerge as the largest segment
- Horticultural crops at the forefront of growth in the foliar spray market
- Europe leads the global foliar spray market
2. FOCUS ON CERTAIN PLAYERS
- Coromandel International Limited (India)
- EuroChem Group (Switzerland)
- Gujarat State Fertilizers & Chemicals Ltd. (India)
- Haifa Group (Israel)
- Hebei Monband Water Soluble Fertilizer Co., Ltd. (China)
- Israel Chemicals Limited (ICL) (Israel)
- K + S Aktiengesellschaft (Germany)
- TRIBOdyn AG (Germany)
- Yara International ASA (Norway)
3. MARKET TRENDS AND FACTORS
- The foliar spray market is expected to benefit from the sharp increase in the use of liquid fertilizers
- Global Liquid Fertilizer Market in Millions of US Dollars for Years 2019, 2021, 2023 and 2025
- Numerous Benefits of Foliar Feeding are Driving Growth of Foliar Spraying Market
- Factors determining the success of foliar spray application
- Reduction of arable land and need to increase agricultural production and yield to meet the needs of the expanding world population to drive market growth
- World population (in thousands) by geographic region for the years 2019, 2030, 2050 and 2100
- World food demand: growth in demand in millions of tonnes of cereals and sugar in certain regions for the period 2008-2017 and 2018-2027
- The loss of arable land puts enormous pressure on yields per acre: global availability of arable land in hectares per person for the years 1990, 2000, 2018 and 2020
- Arable land in the world as% of total land area for the years 1990, 2000, 2018 and 2020
- With multi-nutrient deficiency resulting in food and nutrition insecurity, foliar nutrition emerges as an additional approach to applying nutrients to the soil.
- Efficiency of foliar feed versus soil application
- Intensive farming and the emergence of mega-farms are increasing the importance of foliar spraying to promote nutrient uptake in crops
- Distribution of farm size around the world: percentage distribution of agricultural land by size and region
- Organic foliar spray: a sustainable alternative to chemical fertilizers
- Nitrogen foliar spraying offers significant benefits for nursery production
- Need to strengthen soil life drives adoption of foliar spraying in permaculture gardens
- Foliar application for horticultural crops: a promising market
- Increased production of horticultural crops: opportunity for the foliar spraying market
- Global vegetable production volume in millions of metric tons for the period 2010-2017
- Top countries ranked by volume of fresh vegetable production (in millions of metric tonnes) for 2017
- Share of world vegetable production (in%) by main vegetables for 2017
- Global production volume of fresh fruit in million metric tons for the period 2010-2017
- Foliar micronutrient feeding keeps a head start on soil application to treat symptoms of micronutrient deficiency
- Soybean crops benefit from the application of foliar fertilizer
- Foliar nutrition helps improve growth, seed yield, and legume yield attributes
- Global production volume of pulses in millions of metric tons for the period 2010-2017
- Robust growth of the biostimulant market to meet the demand for foliar spraying
- Promising Growth Prospects For Biostimulants Drive The Foliar Spray Market: Global Plant Biostimulants Market Revenue in Millions of US $ for Years 2018, 2020, 2022 and 2024
- Global Biostimulant Market by Application (%) for 2019
- Foliar nutrition appears to be a vital tool for biofortification
- Growing importance of nanofoliar application
- Push towards organic farming and increasing demand for organic fertilizers to curb the growth of foliar spray market
- Global Organic Fertilizer Market Revenue in US $ Billions for Years 2019, 2021, 2023 and 2025
- Global organic farmland in millions of hectares for the years 2010, 2012, 2014, 2016 and 2018
- Global percentage distribution of organic agricultural land by region (in millions of hectares): 2017
- Foliar spraying with herbicides becomes essential part of weed control
- Ease of use presents foliar spray as the preferred application technique for plant activators
- Global Plant Activators Market Size in US $ Millions for 2018, 2020, 2022 and 2024
- Innovative solutions drive growth in foliar spray market
4. WORLD MARKET PERSPECTIVE
For more information on this report, visit https://www.researchandmarkets.com/r/xxmdff
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