Please Wait.....
Report
Global Foliar Fertilizer Market - Size, Share, Covid-19 Impact & Forecasts Up To 2028
Market Report I 2023-01-23 I 315 Pages I Mordor Intelligence
The Global Foliar Fertilizer Market is projected to register a CAGR of 5.95%
Key Highlights
Largest segment by Type - Nitrogenous : Nitrogenous fertilizers like UAN which is less prone to leaching are preferred by farmers around the globe due to its less toxicity with no environmental pollution.
Fastest growing by Type - Nitrogenous : The nitrogenous foliar fertilizer market is the fastest growing due to technological advancements and increased growers focus on sustainability and precision farming.
Largest Segment by Crop Type - Turf & Ornamental : The increasing area under cultivation with increasing concern over pollution and growing ecotourism across the globe has increased the fertilizer demand for such crops.
Largest segment by Country - United States : The acidic nature and pH imbalances in soils of the United States raised the demand for foliar fertilizers, which can be applied directly on plant parts for easy absorption.
Foliar Fertilizer Market Trends
Field Crops is the largest segment by Crop Type.
The foliar method of fertilizer application accounted for 11.3% of the overall fertilizer market value in 2021. Field crops accounted for 83.65%, horticultural crops accounted for 11.2%, and turfs and ornamental crops accounted for the remaining 7.1% of the total fertigation fertilizers market in 2021. More than 90% of the world's agricultural acreage is focused on the cultivation of field crops.
Asia-Pacific and European areas held a market share of 40.2% and 33.8%, respectively, for the usage of foliar fertilizers in field crops. South America accounted for a share of 22.0% in 2021. The use of foliar fertilizers is expanding due to their ease of application via foliar spraying techniques, which also have better efficiency of nutrient uptake.
With a market share of 28.9% and 23.64%, respectively, the Asia-Pacific and South American regions dominated the use of foliar fertilizers in horticultural crops in 2021. The Asia-Pacific region, which includes nations like China and India, is one of the regions with the highest fertilizer consumption rates and has a vast area dedicated to agricultural cultivation. According to the data, it accounted for 73.0% of the global area?under horticultural crop cultivation. Europe and North America came in second and third, with 16.0% and 2.0% of the market share.
Due to the presence of a large number of golf courses and private lawn areas, the North American region is crucial for the turf and ornamental foliar?fertilizer segment. Turf grass? covers 5.0 million ha of land in the United States, which includes all stadiums, lawns, and parks.
Therefore, the global consumption of foliar fertilizers in respective crop types is anticipated to grow during the forecast period.
Europe is the largest segment by Region.
Foliar application of fertilizers has long been practiced in many crops, particularly in cereal and horticulture crops globally.
Europe dominated the foliar fertilizers market, accounting for 31.4% of the market share in 2021. It grew by 10.4% during the study period. Soil micronutrient deficiencies significantly affect crop yield and quality in many areas in Europe, such as manganese, zinc, and iron soil deficiencies are noted. Empirical studies have shown that 60.0% and 28.0% of the regional soil contained lower than-adequate levels of iron and zinc, respectively. It will drive the market in the region during the forecast period.
The Asia-Pacific foliar fertilizer market witnessed stable growth during the study period, with an overall value amounting to USD 5.99 billion in 2021 with a consumption volume of 12.4 million metric ton. Field crops occupied the highest share of 83.1%, valued at USD 4.98 billion in 2021.
Among the countries, China dominated the APAC region, accounting for 43.1% of the market share. In China, farmers extensively apply zinc and iron to paddy fields to enhance crop yields. The foliar application of micronutrients is also widely practiced for fruits and vegetables in China to improve the quality of the crop.
South America accounted for 18.0% of the global foliar market. The market for foliar applications in the region has increased by 36.0% during the study period, and the consumption by volume has increased by 52.4%. The market is estimated to register a CAGR of 6.7% during the forecast period.
The adoption of precision farming and protected agriculture and a rise in demand for soil micronutrients in agricultural yield is anticipated to boost the demand for foliar fertilizers globally.
Foliar Fertilizer Market Competitor Analysis
The Global Foliar Fertilizer Market is fragmented, with the top five companies occupying 20.00%. The major players in this market are Haifa Group., ICL Specialty Fertilizers, IFFCO, Sociedad Quimica y Minera (SQM) and Yara North America (sorted alphabetically).
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 EXECUTIVE SUMMARY & KEY FINDINGS
2 REPORT OFFERS
3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology
4 KEY INDUSTRY TRENDS
4.1 Acreage Of Major Crop Types
4.2 Average Nutrient Application Rates
4.3 Regulatory Framework
4.4 Value Chain & Distribution Channel Analysis
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Complex
5.1.2 Straight
5.1.2.1 By Nutrient
5.1.2.1.1 Micronutrients
5.1.2.1.2 Nitrogenous
5.1.2.1.3 Phosphatic
5.1.2.1.4 Potassic
5.1.2.1.5 Secondary Macronutrients
5.2 Crop Type
5.2.1 Field Crops
5.2.2 Horticultural Crops
5.2.3 Turf & Ornamental
5.3 Region
5.3.1 Asia-Pacific
5.3.1.1 Australia
5.3.1.2 Bangladesh
5.3.1.3 China
5.3.1.4 India
5.3.1.5 Indonesia
5.3.1.6 Japan
5.3.1.7 Pakistan
5.3.1.8 Philippines
5.3.1.9 Thailand
5.3.1.10 Vietnam
5.3.1.11 Rest Of Asia-Pacific
5.3.2 Europe
5.3.2.1 France
5.3.2.2 Germany
5.3.2.3 Italy
5.3.2.4 Netherlands
5.3.2.5 Russia
5.3.2.6 Spain
5.3.2.7 Ukraine
5.3.2.8 United Kingdom
5.3.2.9 Rest Of Europe
5.3.3 Middle East & Africa
5.3.3.1 Nigeria
5.3.3.2 Saudi Arabia
5.3.3.3 South Africa
5.3.3.4 Turkey
5.3.3.5 Rest Of Middle East & Africa
5.3.4 North America
5.3.4.1 Canada
5.3.4.2 Mexico
5.3.4.3 United States
5.3.4.4 Rest Of North America
5.3.5 South America
5.3.5.1 Argentina
5.3.5.2 Brazil
5.3.5.3 Rest Of South America
6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Compo Expert
6.4.2 Haifa Group.
6.4.3 ICL Specialty Fertilizers
6.4.4 IFFCO
6.4.5 Koch Fertilizer LLC
6.4.6 Sociedad Quimica y Minera (SQM)
6.4.7 The Mosaic Company
6.4.8 UPL Limited
6.4.9 Yara North America
7 KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS
8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter's Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security