Foliar Spray Market Research Report – Forecast to 2027

Global Foliar Spray Market Information: by Fertilizer Type (Macronutrients and Micronutrients), Application, (Horticultural Crops, Field Crops, and Turfs and Ornamentals), and Region (Europe, North America, and Asia-Pacific)—Forecast till 2027

ID: MRFR/AGR/4885-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


Foliar spray is the process of applying liquid fertilizers in a spray form directly on to plant leaves. The stomata on plant leaves help absorb nutrients from the foliar spray. The response of plants to foliar nutrients is more rapid than in the case of soil application. Foliar applications are often timed to coincide with specific growth stages of plants such as flowering and fruiting, recovery from transplant shock, hail damage, or other extreme weather effects. Foliar sprays are especially beneficial when environmental conditions, such as high soil pH, excess moisture, and cold temperatures, limit the intake of nutrients from the roots. Foliar sprays also increase plant yield and resistance to diseases and insects, improve drought tolerance, and enhance crop quality.


Foliar spray fertilizers find application in horticultural crops, field crops, and turfs and ornamentals, among others. Liquid fertilizers used in foliar spray can be nitrogenous (N), phosphorus-based (P), potassium-based (K), mixed, or micronutrients.


Rapidly expanding global population and growing concerns regarding global food security are the major factors driving the growth of the global foliar spray market. The use of advanced farming technology as part of Agriculture 4.0 is expected to provide new opportunities for growth to market players during the forecast period.


However, the limitations of foliar spray such as dosage restrictions, phytotoxicity, and high costs may hinder the growth of the market during the forecast period. Furthermore, the waxy cuticles of plant leaves serve as a barrier to the absorption of nutrients from foliar sprays into the underlying tissue. The use of agricultural surfactants in foliar spray formulations helps solve the problem of waxy cuticles and greatly improves nutrient absorption. Apart from this, the effectiveness of foliar sprays can be enhanced by managing the pH of the spray solution in accordance with the pH of the applied nutrients, small droplet size, adequate spray volume, and application in the morning.


Global Foliar Spray Market Share, by Fertilizer Type, 2017 (%)


Foliar Spray Market Share


Source: MRFR Analysis


Market Segmentation


The global foliar spray market has been segmented by fertilizer type, application, and region.


On the basis of fertilizer type, the global foliar spray market has been divided into macronutrients and micronutrients. The macronutrients segment has been further categorized as nitrogenous (N), phosphorus-based (P), potassium-based (K), and mixed.


Based on application, the global foliar spray market has been segregated into horticultural crops, field crops, turfs and ornamentals, and others.


Regional Analysis


The global foliar spray market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. 


Europe held the largest market share of the global foliar spray market in 2017 due to the presence of an established agricultural industry, high agriculture expenditure, and an emphasis on technologically advanced farming techniques and products in the region. These factors are also expected to result in the steady growth of the European market during the forecast period.


North America is expected to be the second-largest market for foliar spray during the forecast period as the region is home to a developed agricultural industry.


The market in Asia-Pacific is expected to be the fastest-growing during the forecast period. The regional agricultural industry has seen exponential growth over the last decade due to the rising population, availability of fertile and arable land, the presence of agricultural economies, lucrative government schemes, and R&D in farming techniques.


The Latin American market is expected to witness significant demand for foliar sprays during the forecast period due to the growing agricultural industry in countries such as Brazil and Argentina.


The demand for foliar spray is expected to be moderate in the Middle East & Africa during the forecast period.


Key Players


Some of the prominent players in the global foliar spray market are Coromandel International Limited (India), Yara International ASA (Norway), GSFC Ltd (India), Nutrien Ltd (Canada), EuroChem Group AG (Switzerland), K+S KALI GmbH (Germany), Israel Chemicals Ltd (Israel), the Mosaic Company (US), TRIBOdyn AG (Germany), Haifa Group (Israel), Lima Europe NV (Belgium), and Hebei Monband Water Soluble Fertilizer Co., Ltd (China).


Intended Audience



  • Foliar spray manufacturers

  • Traders and distributors of foliar spray

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :


Europe is expected to dominate the foliar spray market.

Turfs and ornamentals, field crops, and horticultural crops are the major applications of foliar spray market.

Global concerns about food security and use of advanced farming technology are the key factors driving the foliar spray market growth.

High costs and dosage restrictions may limit the foliar spray market growth.

Macronutrients will lead the foliar spray market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Foliar Spray Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Foliar Spray Market, by Fertilizer Type

6.1 Introduction

6.2 Macronutrients

6.2.1 Market Estimates & Forecast, 2020−2027

6.2.2 Market Estimates & Forecast, by Region, 2020−2027

6.2.3 Nitrogenous Fertilizers

6.2.3.1 Market Estimates & Forecast, 2020−2027

6.2.3.2 Market Estimates & Forecast, by Region, 2020−2027

6.2.4 Phosphorous-Based Fertilizers

6.2.4.1 Market Estimates & Forecast, 2020−2027

6.2.4.2 Market Estimates & Forecast, by Region, 2020−2027

6.2.5 Potassium-Based Fertilizers

6.2.5.1 Market Estimates & Forecast, 2020−2027

6.2.5.2 Market Estimates & Forecast, by Region, 2020−2027

6.2.6 Mixed Fertilizers

6.2.6.1 Market Estimates & Forecast, 2020−2027

6.2.6.2 Market Estimates & Forecast, by Region, 2020−2027

6.3 Micronutrients

6.3.1 Market Estimates & Forecast, 2020−2027

6.3.2 Market Estimates & Forecast, by Region, 2020−2027

7. Global Foliar Spray Market, by Application

7.1 Introduction

7.2 Horticulture Crops

7.2.1 Market Estimates & Forecast, 2020−2027

7.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.3 Field Crops

7.3.1 Market Estimates & Forecast, 2020−2027

7.3.2 Market Estimates & Forecast, by Region, 2020−2027

7.4 Turf and Ornamentals

7.4.1 Market Estimates & Forecast, 2020−2027

7.4.2 Market Estimates & Forecast, by Region, 2020−2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020−2027

7.5.2 Market Estimates & Forecast, by Region, 2020−2027

8. Global Foliar Spray Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020−2027

8.2.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.2.3 Market Estimates & Forecast, by Application, 2020−2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020−2027

8.2.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.2.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020−2027

8.2.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020−2027

8.3.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020−2027

8.3.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020−2027

8.3.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020−2027

8.3.6.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020−2027

8.3.7.2 Market Estimates & Forecast, by Fertilizer Type,2020−2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020−2027

8.3.8.2 Market Estimates & Forecast, by Fertilizer Type,2020−2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020−2027

8.3.9.2 Market Estimates & Forecast, by Fertilizer Type,2020−2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020−2027

8.3.10.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020−2027

8.3.11.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.3.11.3 Market Estimates & Forecast, by Application, 2020−2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020−2027

8.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020−2027

8.4.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020−2027

8.4.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020−2027

8.4.6.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020−2027

8.4.7.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020−2027

8.4.8.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020−2027

8.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2020−2027

8.5.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020−2027

8.5.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020−2027

8.5.6.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2020−2027

8.5.7.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.8 Rest of the Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020−2027

8.5.8.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020−2027

8.6.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020−2027

8.6.4.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.6.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020−2027

8.6.5.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020−2027

8.6.6.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020−2027

8.6.7.2 Market Estimates & Forecast, by Fertilizer Type, 2020−2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020−2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 Coromandel International Limited

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Yara International ASA

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 GSFC Ltd

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Nutrien Ltd

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 EuroChem Group AG

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 K+S KALI GmbH

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Israel Chemicals Ltd

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 The Mosaic Company

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 TRIBOdyn AG

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Haifa Group

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Lima Europe NV

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Hebei Monband Water Soluble Fertilizer Co., Ltd

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Foliar Spray Market: by Region, 2020−2027

Table 2 North America: Foliar Spray Market, by Country, 2020−2027

Table 3 Europe: Foliar Spray Market, by Country, 2020−2027

Table 4 Asia-Pacific: Foliar Spray Market. by Country, 2020−2027

Table 5 Middle East & Africa: Foliar Spray Market, by Country, 2020−2027

Table 6 Latin America: Foliar Spray Market, by Country, 2020−2027

Table 7 Global Foliar Spray Fertilizer Type Market, by Region, 2020−2027

Table 8 North America: Foliar Spray Fertilizer Type Market, by Country, 2020−2027

Table 9 Europe: Foliar Spray Fertilizer Type Market, by Country, 2020−2027

Table10 Asia-Pacific: Foliar Spray Fertilizer Type Market, by Country, 2020−2027

Table11 Middle East & Africa: Foliar Spray Fertilizer Type Market, by Country, 2020−2027

Table12 Latin America: Foliar Spray Fertilizer Type Market, by Country, 2020−2027

Table 13 Global Foliar Spray Application Market, by Region, 2020−2027

Table14 North America: Foliar Spray Application Market, by Country, 2020−2027

Table15 Europe: Foliar Spray Application Market, by Country, 2020−2027

Table16 Asia-Pacific: Foliar Spray Application Market, by Country, 2020−2027

Table17 Middle East & Africa: Foliar Spray Application Market, by Country, 2020−2027

Table18 Latin America: Foliar Spray by Application Market, by Country, 2020-2027

Table19 Global Fertilizer Type Market, by Region, 2020−2027

Table20 Global Application Market, by Region, 2020−2027

Table21 North America: Foliar Spray Market, by Country

Table22 North America: Foliar Spray Market, by Fertilizer Type

Table23 North America: Foliar Spray Market, by Application

Table24 Europe: Foliar Spray Market, by Country

Table25 Europe: Foliar Spray Market, by Fertilizer Type

Table26 Europe: Foliar Spray Market, by Application

Table27 Asia-Pacific: Foliar Spray Market, by Country

Table28 Asia-Pacific: Foliar Spray Market, by Fertilizer Type

Table29 Asia-Pacific: Foliar Spray Market, by Application

Table30 Middle East & Africa: Foliar Spray Market, by Country

Table31 Middle East & Africa: Foliar Spray Market, by Fertilizer Type

Table32 Middle East & Africa: Foliar Spray Market, by Application

Table33 Latin America: Foliar Spray Market, by Country

Table34 Latin America: Foliar Spray Market, by Fertilizer Type

Table35 Latin America: Foliar Spray Market, by Application

LIST OF FIGURES

FIGURE 1 Global Foliar Spray Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Foliar Spray Market

FIGURE 4 Value Chain of Global Foliar Spray Market

FIGURE 5 Share of Global Foliar Spray Market in 2020, by Country

FIGURE 6 Global Foliar Spray Market, 2020−2027,

FIGURE 7 Global Foliar Spray Market Size, by Fertilizer Type, 2020

FIGURE 8 Share of Global Foliar Spray Market, by Fertilizer Type, 2020−2027

FIGURE 9 Global Foliar Spray Market Size, by Application, 2020

FIGURE10 Share of Global Foliar Spray Market, by Application, 2020−2027