At what pace is the foliar fertilizer market growing, and what is its estimated value?
The foliar fertilizer market size has grown strongly in recent years. It will grow from $11.04 $ billion in 2024 to $11.74 $ billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increasing crop yields, rising demand for high-quality crops, government subsidies and support programs, growing awareness of soil health, and the expansion of agricultural land.
The foliar fertilizer market size is expected to see strong growth in the next few years. It will grow to $14.83 $ billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to rising global populations, increasing global food demand, growing adoption of sustainable farming practices, increasing focus on reducing soil degradation, and growth in organic farming. Major trends in the forecast period include the development of nano-fertilizers for foliar application, the use of drone technology for precision foliar fertilizer application, advancements in spray nozzle technology, and the integration of foliar fertilizer applications.
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What are the top drivers to the rising demand in the foliar fertilizer market?
The growth in organic farming is expected to propel the growth of the foliar fertilizer market going forward. Organic farming is an agricultural method that relies on natural processes and inputs, avoiding synthetic Chemicals and genetically modified organisms. The demand for organic farming is rising due to increasing consumer preference for pesticide-free and non-GMO foods and growing support for sustainable agricultural practices aimed at reducing environmental impact. Foliar fertilizers support organic farming by providing a rapid and efficient nutrient delivery method directly to plant leaves, enhancing growth and yields while complying with organic standards. For instance, in February 2024, according to the Research Institute of Organic Agriculture (FiBL), a Switzerland-based non-profit research institute, organic agricultural land expanded to over 96.4 million hectares in 2022, marking a 26.6% increase with an additional 20.3 million hectares compared to 2021. Therefore, growth in organic farming is driving the growth of the foliar fertilizer market.
How is the foliar fertilizer market segmented?
The foliar fertilizermarket covered in this report is segmented –
1) By Type: Nitrogenous, Phosphatic, Potassic, Micronutrients
2) By Physical Form: Solid, Liquid
3) By Nature: Mineral, Organic
4) By Application: Field Crops, Horticultural Crops, Turfs And Ornamentals, Other Applications
Subsegments:
1) By Nitrogenous: Urea-Based Foliar Fertilizers, Ammonium Nitrate Foliar Fertilizers, Calcium Nitrate Foliar Fertilizers, Slow-Release Nitrogen Foliar Fertilizers
2) By Phosphatic: Monoammonium Phosphate (MAP), Diammonium Phosphate (DAP), Phosphoric Acid Foliar Fertilizers, Organic Phosphorus Foliar Fertilizers
3) By Potassic: Potassium Nitrate Foliar Fertilizers, Potassium Sulfate Foliar Fertilizers, Muriate of Potash Foliar Fertilizers, Organic Potassium Foliar Fertilizers
4) By Micronutrients: Zinc Foliar Fertilizers, Iron Foliar Fertilizers, Manganese Foliar Fertilizers, Boron Foliar Fertilizers, Copper Foliar Fertilizers
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Who are the top competitors in the foliar fertilizer market?
Major companies operating in the foliar fertilizer market are Koch Industries, BASF SE, Syngenta Group, Bayer CropScience AG, Yara International ASA, The Mosaic Company, Ecolab Inc., Sociedad Química y Minera de Chile SA, ICL Group Ltd., J.R. Simplot Company, UPL Limited, K+S AG, FMC Corporation, EuroChem Group, Helena Agri-Enterprises LLC, Hydrite Chemical Co, Haifa Group, Tata Chemicals Limited, Stoller USA, Coromandel International Ltd., Indian Farmers Fertiliser Cooperative Limited, Aries Agro Limited, OMEX Agriculture Ltd., Artal Smart Agriculture, Nippon Soda Co. Ltd.
What significant trends should we anticipate in the foliar fertilizer market over the forecast period?
Major companies operating in the foliar fertilizer market are focusing on developing specialized fertilizer formulations, such as crop boosters and supplements, to enhance growth, yield, and stress resilience in plants. Crop boosters and supplements refer to products designed to enhance plant growth, yield, and overall health by providing additional nutrients, growth stimulants, or beneficial compounds beyond what is typically supplied by standard fertilizers. For instance, in June 2024, Yara Ghana Limited, a Ghana-based provider of sustainable crop nutrition solutions, launched YaraVita CropLift Bio, a new foliar fertilizer aimed at enhancing crop yields and improving fruit quality across various crops such as maize, rice, cocoa, and vegetables. YaraVita CropLift Bio is enriched with essential nutrients such as nitrogen, phosphorus, and potassium (NPK), zInc., boron, and magnesium, designed for direct leaf application to ensure immediate nutrient absorption.
Which regional trends are influencing the foliar fertilizer market, and which area dominates the industry?
Europe was the largest region in the foliar fertilizer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foliar fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Foliar Fertilizer Market Report 2025 Offer?
The foliar fertilizer market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Foliar fertilizers are nutrient solutions applied directly to plant leaves to enhance nutrient uptake and address deficiencies quickly. They provide essential minerals in a readily absorbed form, promoting faster plant growth and improved health. This method is especially effective for delivering nutrients during critical growth stages or when soil application is less efficient.
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