According to a research report published by Spherical Insights & Consulting, the Global Foliar Spray Market Size Expected to Grow from USD 7.2 Billion in 2023 to USD 12.1 Billion by 2033, at a CAGR of 5.33% during the forecast period 2023-2033.

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In a foliar spray technique, nutrients, boosters, or pesticides are directly applied to the leaves and stems of plants. The plants absorb these nutrients via the stomata and epidermis. The global foliar spray market known to the industry provides products utilized in this technique, including insecticides, fertilizers, and herbicides. Foliar sprays are widely recognized for their ability to boost crop yield and quality and for their quick reaction time. This is by reaching the leaves directly rather than through the soil, foliar sprays minimize nutrient losses and guarantee that more nutrients are delivered where they are intended. Furthermore, one of the main factors propelling the worldwide foliar spray market is the demand for superior crops. These days, individuals seek high-quality, nutrient-dense foods because they are more health-conscious. Farmers are therefore under more pressure to create goods that satisfy these needs. However, restrictions on the use of specific foliar spray formulations or components that are deemed environmentally detrimental may result from a growing awareness of environmental issues such as pollution, degraded soil, and contaminated water.

Browse key industry insights spread across 199 pages with 100 Market data tables and figures & charts from the report on Global Foliar Spray Market Size, Share, and COVID-19 Impact Analysis, By Type (Nitrogenous, Phosphatic, Potassium, and Micronutrients), By Form (Liquid Form and Powder Form), By Application (Horticultural Crops, Field Crops, and Turfs & Ornamentals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The nitrogenous segment is anticipated to hold the highest share of the global foliar spray market during the forecast period.  

Based on the type, the global foliar spray market is segmented into nitrogenous, phosphatic, potassium, and micronutrients. Among these, the nitrogenous segment is anticipated to hold the largest share of the global foliar spray market during the forecast period. Nitrogenous foliar sprays contain nitrogen in the form of various salts, such as amino acids, urea, and ammonium nitrate. When plants need a quick supply of nitrogen, like during times of stress or rapid growth, nitrogenous foliar sprays work very well. Nitrogenous foliar sprays reduce the risk of leaching and runoff since they are sprayed at lower rates than soil-applied fertilizers.

The liquid form segment is anticipated to grow at the fastest growth in the global foliar spray market during the forecast period.

Based on the form, the global foliar spray market is divided into liquid form and powder form. Among these, the liquid form segment is anticipated to grow at the fastest growth in the global foliar spray market during the forecast period. In agriculture, foliar spray in liquid form is used to improve plant health and increase crop yields. The growing demand for premium crops that are less vulnerable to pests and diseases is one of the main drivers of the expansion of liquid foliar spray. By giving plants vital nutrients and microscopic minerals, liquid foliar sprays improve their health and resistance to pests and illnesses.

The horticultural crop segment is anticipated to hold the biggest share of the global foliar spray market during the forecast period.

Based on the application, the global foliar spray market is segmented into horticultural crops, field crops, turfs & ornamentals. Among these, the horticultural crop segment is anticipated to hold the biggest share of the global foliar spray market during the forecast period. The dominance of horticulture crops is fueled by their high value and the need for careful handling to achieve the highest quality and yields. Foliar sprays are a highly accurate and efficient way to supply nutrients, particularly for high-value crops like ornamentals, fruits, and vegetables.

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Asia Pacific is estimated to hold the biggest share of the global foliar spray market over the predicted timeframe.

Asia Pacific is promoted to hold the largest share of the global foliar spray market over the predicted timeframe. Some of the top agricultural producers in the world, such as China, India, and Indonesia, are found in the Asia Pacific region. The region has a high demand for foliar sprays to increase crop output and quality because of its vast agricultural land area and variety of crop production. In the Asia-Pacific region, horticultural crops such as fruits, vegetables, and flowers are gaining popularity.

Europe is anticipated to grow at a rapid pace in the global foliar spray market during the forecast period. Crops that are not just nutrient-dense but also devoid of dangerous chemicals, insecticides, and pesticides are becoming increasingly in demand from consumers. Foliar sprays offer a cost-effective method of giving the crop vital nutrients and trace elements right away, improving crop quality and yield.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global foliar spray market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Foliar Spray Market market are Coromandel International Limited, Yara International ASA, GSFC Ltd, Nutrien Ltd, EuroChem Group AG, K+S KALI GmbH, Israel Chemicals Ltd, The Mosaic Company, TRIBOdyn AG, Haifa Group, Lima Europe NV, Hebei Monband Water Soluble Fertilizer Co., Ltd., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In November 2023, in order to increase its distribution reach and get access to new client categories, Nutrien Ltd. has established a strategic partnership with a leading international retailer. The goal of this agreement is to significantly boost the company’s sales and market visibility.

• In January 2023, a well-known manufacturer of innovative agricultural solutions, Industrial Commodities Holdings (Pty) Ltd, was acquired by K+S Group. The purchase will strengthen K+S’s position in the global agriculture industry and expand its line of products, particularly in the market for foliar sprays.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global foliar spray market based on the below-mentioned segments:

Global Foliar Spray Market, By Type

• Nitrogenous
• Phosphatic
• Potassium
• Micronutrients

Global Foliar Spray Market, By Form

• Liquid form
• Powder form

Global Foliar Spray Market, By Application

• Horticultural crops
• Field crops
• Turfs & ornamentals

Global Foliar Spray Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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