Foliar Spray Market by Type (Nitrogenous, Phosphatic, Potassic, Micronutrients), Application (Horticultural Crops, Field Crops, Turfs & Ornamentals), and Region (Europe, North America, APAC, South America, RoW) - Global Forecast to 2023

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Date: 17-Jul-2018
No. of pages: 136
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The foliar spray market is projected to reach USD 7.61 billion by 2023, at a CAGR of 5.6% from 2018 to 2023.

The foliar spray market is projected to grow from USD 5.79 billion in 2018 to USD 7.61 billion by 2023, at a CAGR of 5.6% between 2018 and 2023. Increased consumption of foliar spray in horticultural crops such as fruits and vegetables, high efficiency of foliar spray products, and increased awareness of foliar spray products in emerging markets are key factors driving the growth of the foliar spray market. However, the expansion of the organic fertilizer industry is acting as a restraint to the growth of the foliar spray market.

The nitrogenous type segment of the foliar spray market is expected to witness the highest growth from 2018 to 2023.

Based on type, the nitrogenous segment of the foliar spray market is expected to grow at the highest CAGR during the forecast period. Nitrogen is an important nutrient required for plant growth, as it helps in protein synthesis. Nitrogen-based fertilizers are used in large quantities and are applied to all major crops. Foliar spray technique helps in the uniform distribution of nitrogenous fertilizers to improve the yield of crops.

The horticultural crops application segment is projected to lead the foliar spray market between 2018 and 2023.

Based on application, the foliar spray market has been segmented into horticultural crops, field crops, turfs & ornamentals, and others. The horticultural crops application segment is projected to lead the foliar spray market from 2018 to 2023, owing to the increasing use of foliar spray products in horticultural crops. Horticultural crops such as fruit crops, vegetable crops, and tuber crops have become an indispensable part of the daily dietary intake of individuals. Increasing awareness regarding the nutritive value of horticultural crops has led to a considerable increase in their consumption levels. Subsequently, this has led to an increase in the production of horticultural crops, which, in turn, has contributed to the increased use of foliar spray fertilizers.

The Asia Pacific foliar spray market is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific foliar spray market is projected to grow at the highest CAGR between 2018 and 2023. This growth can be attributed to active government initiatives for the agriculture sector, high demand for food, and rise in credit allocation for the food sector in emerging countries, such as India and China.

Breakdown of the profiles of primary participants:


  • By Company Type: Tier 1 – 30%, Tier 2 – 40%, and Tier 3 – 30%

  • By Designation: C-level – 51%, Director-level – 28%, and Others – 21%

  • By Region: Europe – 20%, Asia Pacific – 33%, North America – 27%, South America –7%, and Rest of the World – 13%


Major companies profiled in this report include EuroChem Group AG (Switzerland), Nutrien (Canada), K+S Aktiengesellschaft (Germany), Yara International ASA (Norway), Israel Chemicals Ltd. (Israel), The Mosaic Company (US), Gujarat State Fertilizers & Chemicals Ltd. (India), Coromandel International Limited (India), TRIBOdyn AG (Germany), Hebei Monband Water Soluble Fertilizer Co., Ltd. (China), and Haifa Chemicals Ltd. (Israel).

Research Coverage:

This report offers an overview of key market dynamics such as drivers, restraints, challenges, and opportunities influencing the growth of the foliar spray market. It also provides a detailed overview of the foliar spray market across 5 regions, namely, Asia Pacific, Europe, North America, South America, and Rest of the World. The report categorizes the foliar spray market based on type and application. A detailed analysis of leading players operating in the foliar spray market, in addition to key growth strategies, is also covered in the report.

Reasons to Buy the Report:

This report covers the following key aspects:


  • The size of the foliar spray market by 2023 and its CAGR during the forecast period (2018-2023)

  • Key trends in the foliar spray market

  • Factors expected to drive the growth of the foliar spray market during the forecast period

  • Challenges expected to impact the growth of the foliar spray market during the forecast period

  • Key players operating in the foliar spray market

  • Global report on the foliar spray market covers key regions, such as Europe, North America, Asia Pacific, South America, and Rest of the World, including major countries in these regions, such as the US, China, India, Brazil, and Germany

Foliar Spray Market by Type (Nitrogenous, Phosphatic, Potassic, Micronutrients), Application (Horticultural Crops, Field Crops, Turfs & Ornamentals), and Region (Europe, North America, APAC, South America, RoW) - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Foliar Spray Market
4.2 Foliar Spray Market, By Type
4.3 Foliar Spray Market, By Type and Application
4.4 Foliar Spray Market, By Country
4.5 Foliar Spray Market: Emerging vs Developed Economies

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Efficiency of Foliar Spray Products
5.2.1.2 Increased Awareness of Foliar Spray Products in Emerging Markets
5.2.1.3 Ease of Application
5.2.2 Restraints
5.2.2.1 Growth of the Organic Fertilizer Industry
5.2.3 Opportunities
5.2.3.1 Limited Availability of Land
5.2.3.2 Environmental Concerns Regarding the Use of Chemical Fertilizers
5.2.4 Challenges
5.2.4.1 Volatility in Prices
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Value Chain Analysis

6 Foliar Spray Market, By Type
6.1 Introduction
6.2 Nitrogenous
6.3 Phosphatic
6.4 Potassic
6.5 Micronutrients

7 Foliar Spray Market, By Application
7.1 Introduction
7.2 Horticultural Crops
7.2.1 Orchard Crops
7.2.2 Vegetable & Flower Crops
7.3 Field Crops
7.4 Turfs & Ornamentals
7.5 Others

8 Regional Analysis
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 UK
8.2.3 Italy
8.2.4 Spain
8.2.5 Russia
8.2.6 Ukraine
8.2.7 Rest of Europe
8.3 North America
8.3.1 US
8.3.2 Canada
8.3.3 Mexico
8.4 Asia Pacific
8.4.1 India
8.4.2 China
8.4.3 Japan
8.4.4 Australia
8.4.5 Rest of Asia Pacific
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of South America
8.6 Rest of World
8.6.1 Middle East
8.6.2 Africa

9 Competitive Landscape
9.1 Overview
9.2 Expansions and Mergers & Acquisitions: the Most Adopted Growth Strategies
9.3 Competitive Situations & Trends
9.3.1 Expansions
9.3.2 Mergers & Acquisitions
9.3.3 Agreements
9.3.4 Partnerships & Joint Ventures
9.3.5 Investments
9.3.6 New Product Developments

10 Company Profiles
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
10.1 Eurochem Group AG
10.2 Nutrien
10.3 K+S Aktiengesellschaft
10.4 Yara International Asa
10.5 Israel Chemical Ltd. (ICL)
10.6 The Mosaic Company
10.7 Gujarat State Fertilizers & Chemicals Ltd. (GSFC)
10.8 Coromandel International Limited
10.9 Tribodyn AG
10.10 Hebei Monband Water Soluble Fertilizer Co., Ltd.
10.11 Haifa Chemicals Ltd

*Details Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details

List of Tables

Table 1 Foliar Spray Market Snapshot
Table 2 Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 3 Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 4 Nitrogenous Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 5 Nitrogenous Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 6 Phosphatic Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 7 Phosphatic Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 8 Potassic Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 9 Potassic Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 10 Micronutrients Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 11 Micronutrients Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 12 Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 13 Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 14 Foliar Spray Market in Horticultural Crops, By Region, 2016–2023 (USD Million)
Table 15 Foliar Spray Market in Horticultural Crops, By Region, 2016–2023 (Kilotons)
Table 16 Foliar Spray Market in Field Crops, By Region, 2016–2023 (USD Million)
Table 17 Foliar Spray Market in Field Crops, By Region, 2016–2023 (Kilotons)
Table 18 Foliar Spray Market in Turfs & Ornamentals, By Region, 2016–2023 (USD Million)
Table 19 Foliar Spray Market in Turfs & Ornamentals, By Region, 2016–2023 (Kilotons)
Table 20 Foliar Spray Market in Other Applications, By Region, 2016–2023 (USD Million)
Table 21 Foliar Spray Market in Other Applications, By Region, 2016–2023 (Kilotons)
Table 22 Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 23 Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 24 Europe Foliar Spray Market, By Country, 2016–2023 (USD Million)
Table 25 Europe Foliar Spray Market, By Country, 2016–2023 (Kilotons)
Table 26 Europe Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 27 Europe Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 28 Europe Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 29 Europe Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 30 Germany Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 31 Germany Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 32 UK Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 33 UK Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 34 Italy Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 35 Italy Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 36 Spain Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 37 Spain Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 38 Russia Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 39 Russia Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 40 Ukraine Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 41 Ukraine Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 42 Rest of Europe Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 43 Rest of Europe Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 44 North America Foliar Spray Market, By Country, 2016–2023 (USD Million)
Table 45 North America Foliar Spray Market, By Country, 2016–2023 (Kilotons)
Table 46 North America Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 47 North America Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 48 North America Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 49 North America Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 50 US Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 51 US Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 52 Canada Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 53 Canada Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 54 Mexico Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 55 Mexico Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 56 Asia Pacific Foliar Spray Market, By Country, 2016–2023 (USD Million)
Table 57 Asia Pacific Foliar Spray Market, By Country, 2016–2023 (Kilotons)
Table 58 Asia Pacific Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 59 Asia Pacific Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 60 Asia Pacific Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 61 Asia Pacific Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 62 India Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 63 India Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 64 China Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 65 China Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 66 Japan Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 67 Japan Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 68 Australia Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 69 Australia Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 70 Rest of Asia Pacific Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 71 Rest of Asia Pacific Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 72 South America Foliar Spray Market, By Country, 2016–2023 (USD Million)
Table 73 South America Foliar Spray Market, By Country, 2016–2023 (Kilotons)
Table 74 South America Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 75 South America Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 76 South America Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 77 South America Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 78 Brazil Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 79 Brazil Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 80 Argentina Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 81 Argentina Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 82 Rest of South America Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 83 Rest of South America Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 84 Rest of the World Foliar Spray Market, By Region, 2016–2023 (USD Million)
Table 85 Rest of the World Foliar Spray Market, By Region, 2016–2023 (Kilotons)
Table 86 Rest of the World Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 87 Rest of the World Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 88 Rest of the World Foliar Spray Market, By Application, 2016–2023 (USD Million)
Table 89 Rest of the World Foliar Spray Market, By Application, 2016–2023 (Kilotons)
Table 90 Middle East Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 91 Middle East Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 92 Africa Foliar Spray Market, By Type, 2016–2023 (USD Million)
Table 93 Africa Foliar Spray Market, By Type, 2016–2023 (Kilotons)
Table 94 Expansions, 2012-2017
Table 95 Mergers & Acquisitions, 2012-2017
Table 96 Agreements, 2012-2017
Table 97 Partnerships & Joint Ventures, 2012-2017
Table 98 Investments, 2012-2017
Table 99 New Product Developments, 2012-2017

List of Figures

Figure 1 Foliar Spray Market: Research Design
Figure 2 Breakdown of Primary Interviews, By Company Type, Designation, and Region
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Data Triangulation
Figure 6 Nitrogenous Type Segment Projected to Lead Foliar Spray Market During Forecast Period
Figure 7 Europe Estimated to Account for Largest Share of the Foliar Spray Market for Turfs & Ornamentals in 2018
Figure 8 Foliar Spray Market, By Region, 2018
Figure 9 Foliar Spray Market in Asia Pacific Projected to Grow at Highest CAGR During Forecast Period
Figure 10 Increasing Demand for Foliar Spray From Various Applications to Drive Foliar Spray Market
Figure 11 Nitrogenous Type Segment Projected to Grow at Highest CAGR During Forecast Period
Figure 12 Horticultural Crops Application Segment Estimated to Account for Largest Share of Foliar Spray Market in 2018
Figure 13 Foliar Fertilizer Market in India Projected to Grow at Highest CAGR During Forecast Period
Figure 14 India Projected to Be Fastest Growing Market Among Emerging Countries
Figure 15 Foliar Spray Market Dynamics
Figure 16 Porter’s Five Forces Analysis
Figure 17 Value Chain Analysis: Major Value is Added During Registration and Manufacturing
Figure 18 Nitrogenous Type Segment Projected to Lead the Foliar Spray Market During the Forecast Period
Figure 19 Nitrogenous Foliar Spray Market in Asia Pacific Projected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Phosphatic Foliar Spray Market in Asia Pacific and North America Projected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Potassic Foliar Spray Market Projected to Grow at the Highest CAGR in Asia Pacific and North America During the Forecast Period
Figure 22 Micronutrients Foliar Spray Market in Asia Pacific Projected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Horticultural Crops Application Segment Projected to Lead the Foliar Spray Market During the Forecast Period
Figure 24 Horticultural Crops Application Segment in Asia Pacific Projected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Europe Projected to Lead the Foliar Spray Market in Field Crops From 2018 to 2023
Figure 26 The Asia Pacific Foliar Spray Market in Turfs & Ornamentals Projected to Grow at the Highest CAGR During the Forecast Period
Figure 27 The Asia Pacific Foliar Spray Market in Other Applications Projected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Europe Foliar Spray Market Snapshot
Figure 29 North America Foliar Spray Market Snapshot
Figure 30 Asia Pacific Foliar Spray Market Snapshot
Figure 31 South America Foliar Spray Market Snapshot
Figure 32 Rest of the World Foliar Spray Market Snapshot
Figure 33 Key Growth Strategies in the Foliar Spray Market, 2012-2017
Figure 34 Companies Primarily Adopted Inorganic Growth Strategies Between 2012 and 2017
Figure 35 Eurochem Group AG: Company Snapshot
Figure 36 Nutrien: Company Snapshot
Figure 37 K+S Aktiengesellschaft: Company Snapshot
Figure 38 Yara International Asa: Company Snapshot
Figure 39 Israel Chemical Ltd.: Company Snapshot
Figure 40 The Mosaic Company: Company Snapshot
Figure 41 Gujarat State Fertilizers & Chemicals Ltd: Company Snapshot
Figure 42 Coromandel International Limited: Company Snapshot

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