The Foliar Fertilizers Market is to Touch $10.6 Billion by 2030; the rising awareness of sustainable agriculture practices has further fueled the adoption of foliar fertilizers. As environmental concerns mount, farmers and growers are seeking eco-fri

The Foliar Fertilizers Market size is estimated to reach $10.6 billion by 2030, growing at a CAGR of 5.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Foliar Fertilizers Market  – By Type (Nutrient-Type Foliar Fertilizer, Bio-Type Foliar Fertilizer and Compound Foliar Fertilizer), By Physical Form (Solid and Liquid), By Composition (Nitrogen, Phosphorus, Potassium and Others), By Crop Types (Grains & Cereals, Oilseeds & Pulses, Flowers, Fruits & Vegetables), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Foliar fertilizers are increasingly becoming a preferred choice among farmers due to their efficacy in enhancing plant health and vitality. This trend is driven by their ability to directly supply essential nutrients to plants through their leaves, bypassing soil deficiencies. Moreover, foliar fertilizers offer a convenient application method, allowing for quick absorption and rapid response from crops and are fueling the growth of the Dental 3D printing industry during the forecast period.

APAC dominated the Foliar Fertilizers Market in 2023. The APAC Foliar Fertilizers Market is projected to experience significant growth during the forecast period. According to the Economic Survey 2022-23, presented in Parliament by the Union Minister of Finance and Corporate Affairs in January 2023, India's foodgrains production reached a record 315.7 million tonnes in 2021-22, marking a significant increase of 4.98 million tonnes compared to the previous year and 25 million tonnes higher than the average of the previous five years. The region's extensive agricultural sector, combined with a focus on increasing crop yields, drives the demand for foliar fertilizers. Government initiatives promoting sustainable farming practices further bolster market growth. Additionally, advancements in agricultural technology and the adoption of precision farming techniques contribute to the increasing acceptance of foliar fertilizers. Environmental concerns, such as soil degradation and water scarcity, also play a significant role, leading farmers to seek eco-friendly solutions like foliar fertilization to enhance crop productivity while minimizing environmental impact.

The increasing demand for high-quality crops is a significant driver for the foliar fertilizers market. With a growing global population and rising food security concerns, the agricultural sector is under pressure to enhance crop yields and nutritional value. Foliar fertilizers, which deliver nutrients directly to plant leaves, provide an efficient method for improving plant health and productivity. These fertilizers help in addressing nutrient deficiencies rapidly, leading to better growth, higher yields, and improved crop quality. As consumers become more health-conscious and demand nutrient-rich produce, the use of foliar fertilizers is expected to rise. Additionally, the trend towards sustainable farming practices, which aim to maximize resource efficiency and minimize environmental impact, further supports the adoption of foliar fertilizers. This market is projected to grow significantly, driven by the need to meet the demands of both quantity and quality in crop production.

The expansion of the agricultural industry is a key driver for the foliar fertilizers market. As global populations increase, the demand for food production rises, necessitating more efficient and effective agricultural practices. Foliar fertilizers provide an efficient solution by delivering essential nutrients directly to plant leaves, enhancing nutrient uptake, and improving crop yield and quality. This method is particularly beneficial in intensive farming systems where maximizing productivity is crucial. The growth of the agricultural sector, especially in emerging economies, further propels the adoption of foliar fertilizers. Investments in modern agricultural technologies and sustainable farming practices support this trend, aligning with the global shift towards more resource-efficient and environmentally friendly farming methods. Consequently, the foliar fertilizers market is expected to witness significant growth, driven by the need to meet the increasing food demands of a growing population.

Key companies profiled in the Foliar Fertilizers Market are Coromandel International Ltd., ICL Group, Israel Chemicals Ltd., K+S AG, Haifa Group, Yara International ASA, Artal Smart Agriculture, OMEX Agriculture Ltd, Spraygro Liquid Fertilizers, Hydrite Chemical, The Mosaic Company, Sociedad Quimica y Minera de Chile SA, Nutrien, Aries Agro Limited, Eurochem Group., and others.