Foliar Spray Market Size, Share, Opportunities, And Trends By Type (Nitrogenous, Phosphatic, Potassic, Micronutrients, Others, By Form (Powder, Liquid), By Application (Horticultural Crops, Field Crops, Turfs & Ornamentals, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Dec 2023
  • Report Code : KSI061616304
  • Pages : 146

The foliar spray market is projected to grow considerably during the forecast period

The primary factor influencing the foliar spray market is the increasing use of fertilizers to boost agricultural output, which is projected to generate enormous demand for foliar spray. The global consumption of the three primary fertilizer nutrients—nitrogen, phosphorus expressed as phosphate (P2O5), and potassium, also known as potash—was estimated by the Food and Agriculture Organization report (2020) to have reached 186.67 million tonnes in 2016, an increase of 1.4% from consumption levels in 2015. The yearly growth rates for N, P2O5, and K2O were projected to be 1.5%, 2.2%, and 2.4%, respectively, between 2015 and 2020.

Rising demand for high-quality crops

The market for foliar spray is mostly driven by the need for premium crops. Consumers today are increasingly interested in wholesome foods and are more health conscious. Farmers are therefore under more and more pressure to produce crops that satisfy these needs. Farmers can improve plant growth, productivity, and quality by directly supplying vital nutrients to the leaves of their plants using foliar spraying. where crops are planted in high-density plantings, where there is restricted access to soil nutrients, or where soil fertility is low, foliar sprays are very helpful. Numerous nutrients, such as micronutrients, calcium, magnesium, phosphorus, potassium, and nitrogen, are applied by foliar sprays.

Increased need for foliar sprays among horticultural crops

Foliar treatments serve as short-term fixes for severe shortages that are frequently caused during the early stages of growth by supplying micronutrients more quickly. Foliar feeding has gained widespread acceptance as a crucial component of crop productivity, particularly for crops grown for horticulture. With less water available, more small farms, and higher wages than the agricultural sector, the horticulture industry has emerged as one of the main drivers. Further, the PIB reports that India produced more than 331.05 million metric tons of horticulture during the 2020-21 fiscal year.

Growing agriculture sector

The market is expanding because of farmers applying more foliar sprays since they are becoming more concerned with yielding higher-quality crops. Foliar sprays effectively supply crops with vital nutrients while minimizing waste. It is projected that the growth of small farms brought about by a greater understanding of various agricultural methods will increase demand for foliar sprays. Furthermore, a variety of high-quality foliar spray products that are supplied by manufacturers and are devoid of salt, chloride, and other harmful substances, along with pure plant nutrients, are anticipated to contribute to the expansion of the foliar spray market during the forecast period.

Rising use of nitrogenous foliar spray

The most popular way to supply plants with nitrogen is through soil applications of nitrogen fertilizers. Nitrogen is a nutrient that is necessary for plant growth. Applying foliar sprays is a good method of increasing plant uptake of nitrogen. Formulations with nitrogen in the form of different salts, such as ammonium nitrate, urea, or amino acids, are known as nitrogenous foliar sprays. When plants need a sudden injection of nitrogen, like during times of rapid growth or stress, nitrogenous foliar sprays are particularly helpful. Runoff and leaching are less likely when nitrogenous foliar sprays are used at lower rates than when fertilizers are applied to the soil. They are therefore an eco-friendly choice for fertilizing plants.

Based on form, the liquid segment is expected to grow at a high rate

Applying liquid fertilizer or other nutrients to plant leaves is known as a liquid foliar spray. In agriculture, this method is used to boost crop yields and enhance plant health. A primary factor behind the expansion of liquid foliar spray is the growing need for superior crops with increased resistance to pests and diseases. Liquid foliar sprays give plants vital nutrients and trace elements to help them become healthier and more resilient to pests and disease. The market for liquid foliar spray is expanding because of the increased popularity of organic farming and sustainable agriculture, which are viewed as more sustainable and eco-friendly than conventional chemical fertilizers.

Asia Pacific is projected to dominate the foliar spray market

During the projected period, the foliar spray market is anticipated to be dominated by the Asia-Pacific region. Because of the high consumption in nations like China, Japan, and India, the area is seeing an increase in demand for foliar spray from horticulture crops and expanding application in the agriculture sector. About 58% of Indians derive their primary income from agriculture, according to the India Brand Equity Foundation. In FY20, the combined value of agriculture, forestry, and fishery was INR 19.48 lakh crore (or USD 276.37 billion). The Asia-Pacific area is home to the major foliar spray manufacturers. Leading producers include, among others, Yara, ANDAMAN AG, Eurochem, Aries Agro Limited, and Nutrient Technologies.

Market key launches

  • In October 2023, a leading producer and marketer of agricultural solutions and crop nutrition, Tata Chemicals, announced the launch of FarmGro (foliar spray) and FarmGro G (granules) across India. The addition of these goods will increase the assortment of organic products offered by Paras Crop Nutrition. FarmGro is a liquid solution intended for fertigation and foliar spraying. It is a blend of many chemicals that encourage plant development that are sprayed foliar.
  • In June 2023, Leading international specialized minerals manufacturer ICL announced the introduction of a new range of cutting-edge foliar and fertigation solutions in North America under their Nova brand of water-soluble fertilizers. Nova FINISHTM, Nova PULSETM, Nova ELEVATETM, and Nova FLOWTM are flagship products. With this launch, they can better concentrate on growing ICL's elite crop nutrition solution portfolio and are thrilled to provide growers with cutting-edge foliar and fertigation solutions that address their particular needs."


  • By Type
    • Nitrogenous
    • Phosphatic
    • Potassic
    • Micronutrients
    • Others
  • By Form
    • Powder
    • Liquid
  • By Application
    • Horticultural Crops
    • Field Crops
    • Turfs & Ornamentals
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Design

2.2. Research Data

2.3. Validation


3.1. Key Findings


4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. Nitrogenous

5.3. Phosphatic

5.4. Potassic

5.5. Micronutrients

5.6. Others


6.1. Introduction

6.2. Powder

6.3. Liquid 


7.1. Introduction

7.2. Horticultural Crops

7.3. Field Crops

7.4. Turfs & Ornamentals

7.5. Others


8.1. Introduction 

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Taiwan

8.6.7. Others


9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix


10.1. Eurochem Group AG

10.2. Gujarat State Fertilizers and Chemicals

10.3. Haifa Chemicals Ltd.

10.4. Hebei Monband Water Soluble Fertilizer Co., Ltd.

10.5. Israel Chemicals Ltd.

10.6. Lima Europe NV

10.7. Nutrien Ltd.

10.8. The Mosaic Company

10.9. TRIBOdyn AG

10.10. Yara International ASA

Eurochem Group AG

Gujarat State Fertilizers and Chemicals

Haifa Chemicals Ltd.

Hebei Monband Water Soluble Fertilizer Co., Ltd.

Israel Chemicals Ltd.

Lima Europe NV

Nutrien Ltd.

The Mosaic Company


Yara International ASA