Foliar Spray Global Market Report 2024

Description

Foliar spray refers to the application of liquid fertilizers, pesticides, or other agrochemicals directly onto the leaves of plants. This technique is used to deliver nutrients or protection from pests and diseases, enabling plants to absorb these substances through their stomata (small pores on the leaves) and epidermis (outer cell layer).

The primary types of foliar sprays are nitrogenous, phosphoric, potassium, and micronutrient sprays. Nitrogenous foliar sprays, which contain nitrogen, are crucial for promoting vigorous growth and enhancing green coloration in plants. They are also used to quickly address nitrogen deficiencies in crops, improving yield and overall plant health. These sprays are available in powder and liquid forms and are applied to various types of crops, including horticultural, field, turf, and ornamental plants.

The foliar spray market research report is one of a series of new reports from the business research company that provides foliar spray market statistics, including foliar spray industry global market size, regional shares, competitors with an foliar spray market share, detailed foliar spray market segments, market trends and opportunities, and any further data you may need to thrive in the foliar spray industry. This foliar spray market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The foliar spray market size has grown strongly in recent years. It will grow from $6.67 billion in 2023 to $7.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth during the historic period can be attributed to higher crop yields, the growing adoption of precision agriculture, increased demand for high-quality crops, greater awareness of plant health, and the expansion of agricultural land.

The foliar spray market size is expected to see strong growth in the next few years. It will grow to $9.15 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The projected growth during the forecast period can be attributed to rising global food demand, an increase in organic farming practices, growing investment in agricultural research, the expansion of arable land, and favorable weather conditions for crop growth. Key trends expected in this period include the use of organic and natural foliar sprays, advancements in smart agriculture and precision farming, the adoption of drone technology for spray applications, personalized and customized foliar formulations, and the development of eco-friendly and biodegradable products.

The growing trend toward organic farming is expected to drive the expansion of the foliar spray market. Organic farming involves agricultural practices that exclude synthetic pesticides, herbicides, fertilizers, and genetically modified organisms (GMOs). This shift is fueled by rising consumer demand for healthier, chemical-free produce, increased awareness of environmental sustainability, and supportive government policies and incentives promoting organic farming. Organic foliar sprays that meet organic standards are increasingly used to improve crop health and yield without synthetic chemicals, catering to the needs of the organic farming sector. For example, in June 2024, Eurostat, a Luxembourg-based government agency, reported that about 16.9 million hectares of agricultural land in the European Union were dedicated to organic farming in 2022, up from 15.9 million hectares in 2021. In 2022, organic farming covered 10.5% of the total agricultural land in the EU. Thus, the growing shift toward organic farming is expected to propel the foliar spray market.

Key players in the foliar spray market are concentrating on developing crop-specific foliar product technologies, such as foliar adjuvants, to provide advanced, long-lasting insect control and improve pest resistance management. Foliar adjuvants are additives that enhance the performance of foliar sprays by improving their spread, adhesion, and absorption on plant leaves. For instance, in August 2024, BRQ Brasilquimica, a Brazil-based agrichemical company, introduced the Asperse foliar adjuvant as a premium addition to its QualyAplic line. This advanced solution improves spreading, wetting, and drift control in agrochemical sprays, particularly enhancing the efficacy of fungicides. Asperse ensures even pesticide distribution on crops such as soybeans, corn, and cotton, optimizing application efficiency and increasing agricultural yields.

In November 2022, J.M. Huber Corporation, a US-based company specializing in agricultural and industrial products, acquired Biolchim Group for an undisclosed sum. This acquisition supports Huber's goal of becoming a leading provider of sustainable, high-performance agricultural products worldwide. The expertise of Biolchim Group in biostimulants and specialty nutritional products complements Huber's existing portfolio. Biolchim Group, an Italian-based company, produces and distributes specialty foliar sprays, including plant nutrition and biostimulants.

Major companies operating in the foliar spray market are BASF SE, Syngenta AG, Bayer CropScience AG, Yara International, The Mosaic Company, Corteva Agriscience Inc., Sumitomo Chemical Company Limited, Israel Chemical Ltd., Nutrien Ltd., UPL Limited, FMC Corporation, ADAMA Agricultural Solutions Ltd., EuroChem Group AG, K+S AG, Nufarm Limited, GSFC Ltd (Gujarat State Fertilizers & Chemicals Ltd), Haifa Chemicals Ltd, Aries Agro Limited, Valent Biosciences Corporation, AgroLiquid, Hebei Monband Water Soluble Fertilizer Co Ltd, WinField United, Coromandel International Limited, Lima Europe NV, Tribodyn AG

Asia-Pacific was the largest region in the foliar spray market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the foliar spray market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the foliar spray market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The foliar spray market consists of sales of chelated foliar sprays, micronutrient foliar sprays, insecticide foliar sprays, and amino acid foliar sprays. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Foliar Spray Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on foliar spray market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for foliar spray ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The foliar spray market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Nitrogenous; Phosphatic; Potassic; Micronutrients
2) By Form: Powder; Liquid
3) By Application: Horticultural Crops; Field Crops; Turfs And Ornamentals; Other Applications
Companies Mentioned: BASF SE; Syngenta AG; Bayer CropScience AG; Yara International; The Mosaic Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20599

1. Executive Summary

2. Foliar Spray Market Characteristics

3. Foliar Spray Market Trends And Strategies

4. Foliar Spray Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Foliar Spray Market Size and Growth

5.1. Global Foliar Spray Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Foliar Spray Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Foliar Spray Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Foliar Spray Market Segmentation

6.1. Global Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Nitrogenous
Phosphatic
Potassic
Micronutrients
6.2. Global Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Powder
Liquid
6.3. Global Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Horticultural Crops
Field Crops
Turfs And Ornamentals
Other Applications

7. Foliar Spray Market Regional And Country Analysis

7.1. Global Foliar Spray Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Foliar Spray Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Foliar Spray Market

8.1. Asia-Pacific Foliar Spray Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Foliar Spray Market

9.1. China Foliar Spray Market Overview
9.2. China Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Foliar Spray Market

10.1. India Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Foliar Spray Market

11.1. Japan Foliar Spray Market Overview
11.2. Japan Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Foliar Spray Market

12.1. Australia Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Foliar Spray Market

13.1. Indonesia Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Foliar Spray Market

14.1. South Korea Foliar Spray Market Overview
14.2. South Korea Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Foliar Spray Market

15.1. Western Europe Foliar Spray Market Overview
15.2. Western Europe Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Foliar Spray Market

16.1. UK Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Foliar Spray Market

17.1. Germany Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Foliar Spray Market

18.1. France Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Foliar Spray Market

19.1. Italy Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Foliar Spray Market

20.1. Spain Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Foliar Spray Market

21.1. Eastern Europe Foliar Spray Market Overview
21.2. Eastern Europe Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Foliar Spray Market

22.1. Russia Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Foliar Spray Market

23.1. North America Foliar Spray Market Overview
23.2. North America Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Foliar Spray Market

24.1. USA Foliar Spray Market Overview
24.2. USA Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Foliar Spray Market

25.1. Canada Foliar Spray Market Overview
25.2. Canada Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Foliar Spray Market

26.1. South America Foliar Spray Market Overview
26.2. South America Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Foliar Spray Market

27.1. Brazil Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Foliar Spray Market

28.1. Middle East Foliar Spray Market Overview
28.2. Middle East Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Foliar Spray Market

29.1. Africa Foliar Spray Market Overview
29.2. Africa Foliar Spray Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Foliar Spray Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Foliar Spray Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Foliar Spray Market Competitive Landscape And Company Profiles

30.1. Foliar Spray Market Competitive Landscape
30.2. Foliar Spray Market Company Profiles
- 30.2.1. BASF SE
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Syngenta AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Bayer CropScience AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Yara International
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. The Mosaic Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Foliar Spray Market Other Major And Innovative Companies

31.1. Corteva Agriscience Inc.
31.2. Sumitomo Chemical Company Limited
31.3. Israel Chemical Ltd.
31.4. Nutrien Ltd.
31.5. UPL Limited
31.6. FMC Corporation
31.7. ADAMA Agricultural Solutions Ltd.
31.8. EuroChem Group AG
31.9. K+S AG
31.10. Nufarm Limited
31.11. GSFC Ltd (Gujarat State Fertilizers & Chemicals Ltd)
31.12. Haifa Chemicals Ltd
31.13. Aries Agro Limited
31.14. Valent Biosciences Corporation
31.15. AgroLiquid

32. Global Foliar Spray Market Competitive Benchmarking

33. Global Foliar Spray Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Foliar Spray Market

35. Foliar Spray Market Future Outlook and Potential Analysis

35.1 Foliar Spray Market In 2028 - Countries Offering Most New Opportunities
35.2 Foliar Spray Market In 2028 - Segments Offering Most New Opportunities
35.3 Foliar Spray Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer