Table of Content

1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 25
FIGURE 1 MARKET SEGMENTATION 25
TABLE 1 INCLUSIONS AND EXCLUSIONS 25
1.3.1 REGIONS COVERED 26
1.4 YEARS CONSIDERED 26
1.5 CURRENCY CONSIDERED 27
TABLE 2 USD EXCHANGE RATES, 2020–2022 27
1.6 UNITS CONSIDERED 27
1.7 STAKEHOLDERS 28
1.8 SUMMARY OF CHANGES 28
1.8.1 RECESSION IMPACT 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 FOLIAR SPRAY MARKET: RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key data from secondary sources 30
2.1.2 PRIMARY DATA 30
2.1.2.1 Key data from primary sources 31
2.1.2.2 Key industry insights 31
2.1.2.3 Breakdown of primary interviews 32
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 32
2.2 MARKET SIZE ESTIMATION 32
2.2.1 FOLIAR SPRAY MARKET: BOTTOM-UP APPROACH 33
FIGURE 4 FOLIAR SPRAY MARKET: BOTTOM-UP APPROACH 33
2.2.2 FOLIAR SPRAY MARKET: TOP-DOWN APPROACH 34
FIGURE 5 FOLIAR SPRAY MARKET: TOP-DOWN APPROACH 34
2.3 DATA TRIANGULATION 35
FIGURE 6 DATA TRIANGULATION METHODOLOGY 35
2.4 RESEARCH ASSUMPTIONS 36
2.5 LIMITATIONS AND RISK ASSESSMENT 36
2.6 FOLIAR SPRAY MARKET: RECESSION IMPACT ANALYSIS 37
2.6.1 RECESSION INDICATORS 37
FIGURE 7 RECESSION INDICATORS 37
FIGURE 8 GLOBAL INFLATION RATE, 2011–2021 38
FIGURE 9 GLOBAL GDP, 2011–2021 (USD TRILLION) 38
FIGURE 10 RECESSION INDICATORS AND THEIR IMPACT ON FOLIAR SPRAY MARKET 39
FIGURE 11 GLOBAL FOLIAR SPRAY MARKET: CURRENT FORECAST VS. RECESSION FORECAST 40
3 EXECUTIVE SUMMARY 41
TABLE 3 FOLIAR SPRAY MARKET, 2023 VS. 2028 42
FIGURE 12 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023 VS. 2028 (USD MILLION) 42
FIGURE 13 FOLIAR SPRAY MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 43
FIGURE 14 FOLIAR SPRAY MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 44
FIGURE 15 FOLIAR SPRAY MARKET SHARE & GROWTH RATE, BY REGION 44
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FOLIAR SPRAY MARKET 46
FIGURE 16 RISING DEMAND FOR HIGH-QUALITY CROP YIELD TO DRIVE MARKET FOR FOLIAR SPRAY 46
4.2 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY CROP TYPE & COUNTRY 47
FIGURE 17 HORTICULTURAL CROPS SEGMENT AND CHINA TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 47
4.3 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023 VS. 2028 48
FIGURE 18 NITROGENOUS SEGMENT TO LEAD MARKET IN 2023 48
4.4 FOLIAR SPRAY MARKET, BY FORM, 2023 VS. 2028 49
FIGURE 19 DRY SEGMENT TO BE DOMINANT MARKET DURING FORECAST PERIOD 49
4.5 FOLIAR SPRAY MARKET, BY CROP TYPE, 2023 VS. 2028 50
FIGURE 20 HORTICULTURAL CROPS SEGMENT TO BE DOMINANT MARKET BY 2028 50
4.6 MARKET SHARE OF MAJOR REGIONAL SUBMARKETS 51
FIGURE 21 US TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 53
FIGURE 22 FOLIAR SPRAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 53
5.2.1 DRIVERS 53
5.2.1.1 Growing need for efficient application of fertilizers 53
5.2.1.2 Increased awareness regarding foliar spray products in emerging markets 54
5.2.1.3 Ease of application 54
5.2.2 RESTRAINTS 55
5.2.2.1 Growth of organic fertilizer industry 55
FIGURE 23 GROWTH OF ORGANIC AGRICULTURAL LAND, 2010–2019 55
FIGURE 24 DISTRIBUTION OF ORGANIC AGRICULTURAL LAND, BY REGION, 2019 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Limited availability of land and increasing food demand 56
FIGURE 25 YEAR-WISE DECREASE IN AGRICULTURAL LAND, 2011–2020 56
5.2.3.2 Environmental concerns regarding use of chemical fertilizers 57
5.2.4 CHALLENGES 57
5.2.4.1 Price volatility 57
6 INDUSTRY TRENDS 58
6.1 INTRODUCTION 58
6.2 TRENDS IMPACTING CUSTOMERS’ BUSINESSES 58
FIGURE 26 REVENUE SHIFT IN FOLIAR SPRAY MARKET 59
6.3 VALUE CHAIN 59
6.3.1 RESEARCH & DEVELOPMENT 60
6.3.2 REGISTRATION 60
6.3.3 MANUFACTURING 60
6.3.4 DISTRIBUTION 61
6.3.5 MARKETING & SALES 61
FIGURE 27 VALUE CHAIN ANALYSIS 61
6.4 TRADE ANALYSIS 62
TABLE 4 TOP 10 EXPORTERS AND IMPORTERS OF NITROGENOUS FERTILIZERS, 2021 (BY VALUE) 62
TABLE 5 TOP 10 EXPORTERS AND IMPORTERS OF NITROGENOUS FERTILIZERS, 2021 (BY VOLUME) 62
TABLE 6 TOP 10 EXPORTERS AND IMPORTERS OF PHOSPHATIC FERTILIZERS, 2021 (BY VALUE) 63
TABLE 7 TOP 10 EXPORTERS AND IMPORTERS OF PHOSPHATIC FERTILIZERS, 2021 (BY VOLUME) 63
TABLE 8 TOP 10 EXPORTERS AND IMPORTERS OF POTASSIC FERTILIZERS, 2021 (BY VALUE) 64
TABLE 9 TOP 10 EXPORTERS AND IMPORTERS OF POTASSIC FERTILIZERS, 2021 (BY VOLUME) 64
6.5 TECHNOLOGY ANALYSIS 64
6.5.1 NANOTECHNOLOGY-BASED UREA TO MITIGATE USE OF EXCESSIVE APPLICATION OF CONVENTIONAL UREA 65
6.6 PATENT ANALYSIS 65
FIGURE 28 NUMBER OF PATENTS GRANTED, 2013–2023 65
TABLE 10 LIST OF PATENTS GRANTED, 2020–2023 66
6.7 MARKET MAPPING AND ECOSYSTEM ANALYSIS 67
6.7.1 DEMAND SIDE 67
6.7.2 SUPPLY SIDE 67
FIGURE 29 MARKET MAPPING 68
TABLE 11 ECOSYSTEM ANALYSIS 68
6.8 PORTER’S FIVE FORCES ANALYSIS 69
TABLE 12 PORTER’S FIVE FORCES ANALYSIS 69
6.8.1 INTENSITY OF COMPETITIVE RIVALRY 69
6.8.2 BARGAINING POWER OF SUPPLIERS 70
6.8.3 BARGAINING POWER OF BUYERS 70
6.8.4 THREAT FROM SUBSTITUTES 70
6.8.5 THREAT FROM NEW ENTRANTS 70
6.9 CASE STUDIES 71
6.9.1 FOLIAR APPLICATION OF NUTRIENTS IMPROVED SOYBEAN PRODUCTIVITY 71
6.9.1.1 Case study: Foliar application of nutrients improved soybean productivity 71
6.10 PRICING ANALYSIS 71
6.10.1 AVERAGE SELLING PRICE TRENDS 72
TABLE 13 FOLIAR SPRAY MARKET: AVERAGE SELLING PRICE, BY PRODUCT TYPE, 2018–2023 (USD PER METRIC TON) 72
TABLE 14 FOLIAR SPRAY MARKET: AVERAGE SELLING PRICE, BY REGION, 2018–2023 (USD PER METRIC TON) 72
6.11 REGULATORY FRAMEWORK 72
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 73
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
6.11.2 NORTH AMERICA: FOLIAR SPRAY FERTILIZER REGULATIONS 74
6.11.2.1 US 75
6.11.2.2 Canada 75
6.11.3 EUROPE: FOLIAR SPRAY FERTILIZER REGULATIONS 75
6.11.4 ASIA PACIFIC: FOLIAR SPRAY FERTILIZER REGULATIONS 76
6.11.4.1 Australia 76
6.11.4.2 China 77
6.11.4.3 India 77
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA 78
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR CROP TYPES 78
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR CROP TYPES 78
FIGURE 31 KEY BUYING CRITERIA FOR CROP TYPES 79
TABLE 19 KEY BUYING CRITERIA FOR CROP TYPES 79
6.13 KEY CONFERENCES & EVENTS 80
TABLE 20 KEY CONFERENCES & EVENTS, 2023–2024 80
7 FOLIAR SPRAY MARKET, BY PRODUCT TYPE 82
7.1 INTRODUCTION 83
FIGURE 32 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023 VS. 2028 84
TABLE 21 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 84
TABLE 22 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 84
TABLE 23 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 85
TABLE 24 FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 85
7.2 NITROGENOUS 85
7.2.1 NEED FOR ENHANCED PLANT GROWTH AND DEVELOPMENT TO DRIVE USE OF NITROGENOUS FOLIAR SPRAY FERTILIZERS 85
7.2.2 UREA 86
7.2.3 AMMONIUM NITRATE 86
7.2.4 AMMONIUM SULFATE 87
7.2.5 CALCIUM NITRATE 87
TABLE 25 NITROGENOUS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 87
TABLE 26 NITROGENOUS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 87
TABLE 27 NITROGENOUS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 88
TABLE 28 NITROGENOUS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 88
7.3 PHOSPHATIC 88
7.3.1 NEED TO MAXIMIZE CROP YIELD TO DRIVE ADOPTION OF PHOSPHATIC FOLIAR SPRAY FERTILIZERS 88
7.3.2 MONOAMMONIUM PHOSPHATE (MAP) 89
7.3.3 DIAMMONIUM PHOSPHATE (DAP) 89
7.3.4 PHOSPHORIC ACID 89
TABLE 29 PHOSPHATIC: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 89
TABLE 30 PHOSPHATIC: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 90
TABLE 31 PHOSPHATIC: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 90
TABLE 32 PHOSPHATIC: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 90
7.4 POTASSIC 91
7.4.1 APPLICATION OF POTASSIC FERTILIZERS THROUGH FOLIAR SPRAYS TO OFFER COMPETITIVE ADVANTAGE TO FARMERS 91
7.4.2 POTASSIUM NITRATE 91
7.4.3 POTASSIUM SULFATE 91
7.4.4 POTASSIUM CHLORIDE 91
7.4.5 POTASSIUM CARBONATE 92
7.4.6 POTASSIUM PHOSPHATE 92
TABLE 33 POTASSIC: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 92
TABLE 34 POTASSIC: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 92
TABLE 35 POTASSIC: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 93
TABLE 36 POTASSIC: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 93
7.5 MICRONUTRIENTS 93
7.5.1 NEED FOR EFFECTIVE PLANT GROWTH TO PROPEL DEMAND FOR FOLIAR APPLICATION OF MICRONUTRIENTS 93
7.5.2 BORON 94
7.5.3 IRON 94
7.5.4 MANGANESE 94
7.5.5 ZINC 94
TABLE 37 MICRONUTRIENTS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 95
TABLE 38 MICRONUTRIENTS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 95
TABLE 39 MICRONUTRIENTS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 95
TABLE 40 MICRONUTRIENTS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 96
8 FOLIAR SPRAY MARKET, BY FORM 97
8.1 INTRODUCTION 98
FIGURE 33 FOLIAR SPRAY MARKET, BY FORM, 2023 VS. 2028 98
TABLE 41 FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (USD MILLION) 98
TABLE 42 FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (USD MILLION) 99
TABLE 43 FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (KT) 99
TABLE 44 FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (KT) 99
8.2 DRY 99
8.2.1 LONG SHELF LIFE AND EASE OF TRANSPORTATION OF DRY FOLIAR SPRAYS TO DRIVE MARKET GROWTH 99
TABLE 45 DRY: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 100
TABLE 46 DRY: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 100
8.3 LIQUID 101
8.3.1 NEED FOR OPTIMUM NUTRIENT APPLICATION AT DIFFERENT CROP STAGES TO DRIVE ADOPTION OF LIQUID FOLIAR SPRAYS 101
TABLE 47 LIQUID: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 101
TABLE 48 LIQUID: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 101
9 FOLIAR SPRAY MARKET, BY CROP TYPE 102
9.1 INTRODUCTION 103
FIGURE 34 FOLIAR SPRAY MARKET, BY CROP TYPE, 2023 VS. 2028 103
TABLE 49 FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 104
TABLE 50 FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 104
TABLE 51 FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 104
TABLE 52 FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 104
9.2 HORTICULTURAL CROPS 105
9.2.1 GROWING DEMAND FOR INCREASED PRODUCTIVITY TO DRIVE USE OF FOLIAR SPRAYS ON HORTICULTURAL CROPS 105
9.2.2 ORCHARD CROPS 105
9.2.3 VEGETABLE & FLOWER CROPS 106
TABLE 53 HORTICULTURAL CROPS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 106
TABLE 54 HORTICULTURAL CROPS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 106
TABLE 55 HORTICULTURAL CROPS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 107
TABLE 56 HORTICULTURAL CROPS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 107
9.3 FIELD CROPS 107
9.3.1 DEMAND FOR HIGH-QUALITY FIELD CROPS TO DRIVE USE OF FOLIAR SPRAYS 107
9.3.2 CEREALS 108
9.3.3 PULSES 108
9.3.4 OILSEEDS 108
TABLE 57 FIELD CROPS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 109
TABLE 58 FIELD CROPS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 109
TABLE 59 FIELD CROPS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 109
TABLE 60 FIELD CROPS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 110
9.4 TURF & ORNAMENTALS 110
9.4.1 RISING DEMAND FOR ENHANCED GROWTH OF TURF AND ORNAMENTALS TO DRIVE USE OF FOLIAR SPRAYS 110
TABLE 61 TURF & ORNAMENTALS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 110
TABLE 62 TURF & ORNAMENTALS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 111
TABLE 63 TURF & ORNAMENTALS: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 111
TABLE 64 TURF & ORNAMENTALS: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 111
9.5 OTHER CROP TYPES 112
TABLE 65 OTHER CROP TYPES: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 112
TABLE 66 OTHER CROP TYPES: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 112
TABLE 67 OTHER CROP TYPES: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 113
TABLE 68 OTHER CROP TYPES: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 113
10 FOLIAR SPRAY MARKET, BY REGION 114
10.1 INTRODUCTION 115
FIGURE 35 GERMANY TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD 116
TABLE 69 FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 116
TABLE 70 FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 117
TABLE 71 FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 117
TABLE 72 FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 117
10.2 NORTH AMERICA 118
TABLE 73 NORTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 118
TABLE 74 NORTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 118
TABLE 75 NORTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (KT) 118
TABLE 76 NORTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (KT) 119
TABLE 77 NORTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 119
TABLE 78 NORTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 119
TABLE 79 NORTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 120
TABLE 80 NORTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 120
TABLE 81 NORTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 120
TABLE 82 NORTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 120
TABLE 83 NORTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 121
TABLE 84 NORTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 121
TABLE 85 NORTH AMERICA: FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (USD MILLION) 121
TABLE 86 NORTH AMERICA: FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (USD MILLION) 121
10.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 122
FIGURE 36 NORTH AMERICA: RECESSION IMPACT ANALYSIS 122
10.2.2 US 123
10.2.2.1 Growing demand for high-quality food to drive growth of foliar spray market 123
TABLE 87 US: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 123
TABLE 88 US: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 123
TABLE 89 US: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 124
TABLE 90 US: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 124
10.2.3 CANADA 124
10.2.3.1 Adverse climatic conditions to compel farmers to use foliar sprays 124
TABLE 91 CANADA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 125
TABLE 92 CANADA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 125
TABLE 93 CANADA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 125
TABLE 94 CANADA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 125
10.2.4 MEXICO 126
10.2.4.1 Need for sustainable and profitable agriculture practices to drive foliar spray market growth 126
TABLE 95 MEXICO: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 126
TABLE 96 MEXICO: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 127
TABLE 97 MEXICO: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 127
TABLE 98 MEXICO: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 127
?
10.3 ASIA PACIFIC 128
10.3.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 128
FIGURE 37 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 129
TABLE 99 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 129
TABLE 100 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 130
TABLE 101 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (KT) 130
TABLE 102 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (KT) 130
TABLE 103 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 131
TABLE 104 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 131
TABLE 105 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 131
TABLE 106 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 132
TABLE 107 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 132
TABLE 108 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 132
TABLE 109 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 133
TABLE 110 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 133
TABLE 111 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (USD MILLION) 133
TABLE 112 ASIA PACIFIC: FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (USD MILLION) 133
10.3.2 CHINA 134
10.3.2.1 Increased production of horticulture crops to boost demand for foliar sprays 134
TABLE 113 CHINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 135
TABLE 114 CHINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 135
TABLE 115 CHINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 135
TABLE 116 CHINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 135
10.3.3 JAPAN 136
10.3.3.1 Rising demand for high-quality crops to drive foliar spray market 136
TABLE 117 JAPAN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 136
TABLE 118 JAPAN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 137
TABLE 119 JAPAN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 137
TABLE 120 JAPAN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 137
10.3.4 INDIA 138
10.3.4.1 Growth in population and increased demand for food to boost foliar spray market 138
TABLE 121 INDIA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 138
TABLE 122 INDIA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 138
TABLE 123 INDIA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 139
TABLE 124 INDIA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 139
10.3.5 AUSTRALIA & NEW ZEALAND 139
10.3.5.1 Need for high crop yield to fuel adoption of foliar sprays 139
TABLE 125 AUSTRALIA & NEW ZEALAND: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 140
TABLE 126 AUSTRALIA & NEW ZEALAND: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 140
TABLE 127 AUSTRALIA & NEW ZEALAND: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 140
TABLE 128 AUSTRALIA & NEW ZEALAND: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 141
10.3.6 SOUTH KOREA 141
10.3.6.1 Government initiatives and increased demand for high-yielding crops to drive adoption of foliar sprays 141
TABLE 129 SOUTH KOREA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 141
TABLE 130 SOUTH KOREA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 142
TABLE 131 SOUTH KOREA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 142
TABLE 132 SOUTH KOREA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 142
10.3.7 REST OF ASIA PACIFIC 142
TABLE 133 REST OF ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 143
TABLE 134 REST OF ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 143
TABLE 135 REST OF ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 144
TABLE 136 REST OF ASIA PACIFIC: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 144
10.4 EUROPE 144
FIGURE 38 EUROPE: FOLIAR SPRAY MARKET SNAPSHOT 145
10.4.1 EUROPE: RECESSION IMPACT ANALYSIS 145
FIGURE 39 EUROPE: RECESSION IMPACT ANALYSIS 146
TABLE 137 EUROPE: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 146
TABLE 138 EUROPE: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 147
TABLE 139 EUROPE: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (KT) 147
TABLE 140 EUROPE: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (KT) 147
TABLE 141 EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 148
TABLE 142 EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 148
TABLE 143 EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 148
TABLE 144 EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 149
TABLE 145 EUROPE: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 149
TABLE 146 EUROPE: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 149
TABLE 147 EUROPE: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 150
TABLE 148 EUROPE: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 150
TABLE 149 EUROPE: FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (USD MILLION) 150
TABLE 150 EUROPE: FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (USD MILLION) 150
10.4.2 GERMANY 151
10.4.2.1 Government initiatives to boost production of high-quality crops to drive foliar spray market 151
TABLE 151 GERMANY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 151
TABLE 152 GERMANY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 151
TABLE 153 GERMANY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 152
TABLE 154 GERMANY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 152
10.4.3 FRANCE 152
10.4.3.1 Rising consumption of organic food products to drive demand for foliar sprays 152
TABLE 155 FRANCE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 153
TABLE 156 FRANCE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 153
TABLE 157 FRANCE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 153
TABLE 158 FRANCE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 153
10.4.4 UK 154
10.4.4.1 Increased food demand and need for enhanced crop productivity to boost adoption of foliar spray products 154
TABLE 159 UK: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 154
TABLE 160 UK: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 154
TABLE 161 UK: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 155
TABLE 162 UK: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 155
10.4.5 ITALY 155
10.4.5.1 Rising demand for premium and sustainable foods to fuel market growth of foliar sprays 155
TABLE 163 ITALY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 156
TABLE 164 ITALY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 156
TABLE 165 ITALY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 156
TABLE 166 ITALY: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 156
10.4.6 SPAIN 157
10.4.6.1 Growth of agriculture sector to drive demand for foliar spray products 157
TABLE 167 SPAIN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 157
TABLE 168 SPAIN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 157
TABLE 169 SPAIN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 158
TABLE 170 SPAIN: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 158
10.4.7 REST OF EUROPE 158
TABLE 171 REST OF EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 159
TABLE 172 REST OF EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 159
TABLE 173 REST OF EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 159
TABLE 174 REST OF EUROPE: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 160
10.5 SOUTH AMERICA 160
10.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 161
FIGURE 40 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 161
TABLE 175 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 162
TABLE 176 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 162
TABLE 177 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2018–2022 (KT) 162
TABLE 178 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY COUNTRY, 2023–2028 (KT) 162
TABLE 179 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 163
TABLE 180 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 163
TABLE 181 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 163
TABLE 182 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 164
TABLE 183 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 164
TABLE 184 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 164
TABLE 185 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 165
TABLE 186 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 165
TABLE 187 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY FORM, 2018–2022 (USD MILLION) 165
TABLE 188 SOUTH AMERICA: FOLIAR SPRAY MARKET, BY FORM, 2023–2028 (USD MILLION) 165
10.5.2 BRAZIL 166
10.5.2.1 Steady growth in use of precision farming techniques to drive foliar spray market 166
TABLE 189 BRAZIL: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 166
TABLE 190 BRAZIL: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 166
TABLE 191 BRAZIL: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 167
TABLE 192 BRAZIL: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 167
10.5.3 ARGENTINA 167
10.5.3.1 Adoption of precision agriculture technologies and decreased nutrient content in soil to drive growth of foliar spray market 167
TABLE 193 ARGENTINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 168
TABLE 194 ARGENTINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 168
TABLE 195 ARGENTINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 168
TABLE 196 ARGENTINA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 168
10.5.4 REST OF SOUTH AMERICA 169
TABLE 197 REST OF SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 169
TABLE 198 REST OF SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 169
TABLE 199 REST OF SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 170
TABLE 200 REST OF SOUTH AMERICA: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 170
10.6 REST OF THE WORLD (ROW) 170
10.6.1 REST OF THE WORLD: RECESSION IMPACT 171
FIGURE 41 ROW: RECESSION IMPACT ANALYSIS 171
TABLE 201 ROW: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (USD MILLION) 172
TABLE 202 ROW: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (USD MILLION) 172
TABLE 203 ROW: FOLIAR SPRAY MARKET, BY REGION, 2018–2022 (KT) 172
TABLE 204 ROW: FOLIAR SPRAY MARKET, BY REGION, 2023–2028 (KT) 172
TABLE 205 ROW: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (USD MILLION) 173
TABLE 206 ROW: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 173
TABLE 207 ROW: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2018–2022 (KT) 173
TABLE 208 ROW: FOLIAR SPRAY MARKET, BY PRODUCT TYPE, 2023–2028 (KT) 174
TABLE 209 ROW: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 174
TABLE 210 ROW: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 174
TABLE 211 ROW: FOLIAR SPRAY MARKET, BY CROP TYPE, 2018–2022 (KT) 175
TABLE 212 ROW: FOLIAR SPRAY MARKET, BY CROP TYPE, 2023–2028 (KT) 175
TABLE 213 ROW: FOLIAR SPRAY MARKET



13 ADJACENT AND RELATED MARKETS 251
13.1 INTRODUCTION 251
TABLE 274 MARKETS ADJACENT TO FOLIAR SPRAY MARKET 251
13.2 LIMITATIONS 251
13.3 AGRICULTURAL MICRONUTRIENTS MARKET 251
13.3.1 MARKET DEFINITION 251
13.3.2 MARKET OVERVIEW 251
TABLE 275 AGRICULTURAL MICRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2017–2021 (USD MILLION) 252
TABLE 276 AGRICULTURAL MICRONUTRIENTS MARKET, BY MODE OF APPLICATION, 2022–2027 (USD MILLION) 252
13.4 NITROGENOUS FERTILIZERS MARKET 253
13.4.1 MARKET DEFINITION 253
13.4.2 MARKET OVERVIEW 253
TABLE 277 NITROGENOUS FERTILIZERS MARKET, BY MODE OF APPLICATION, 2014–2022 (USD BILLION) 254
14 APPENDIX 255
14.1 DISCUSSION GUIDE 255
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 259
14.3 CUSTOMIZATION OPTIONS 261
14.4 RELATED REPORTS 261
14.5 AUTHOR DETAILS 262