Market Size of global foliar fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 20.18 Billion |
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Market Size (2030) | USD 28.59 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 5.98 % |
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Largest Share by Region | Europe |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Foliar Fertilizer Market Analysis
The Global Foliar Fertilizer Market size is estimated at USD 20.18 billion in 2024, and is expected to reach USD 28.59 billion by 2030, growing at a CAGR of 5.98% during the forecast period (2024-2030).
- Largest segment by Type - Nitrogenous : Nitrogenous fertilizers like UAN which is less prone to leaching are preferred by farmers around the globe due to its less toxicity with no environmental pollution.
- Fastest growing by Type - Nitrogenous : The nitrogenous foliar fertilizer market is the fastest growing due to technological advancements and increased growers focus on sustainability and precision farming.
- Largest Segment by Crop Type - Turf & Ornamental : The increasing area under cultivation with increasing concern over pollution and growing ecotourism across the globe has increased the fertilizer demand for such crops.
- Largest segment by Country - United States : The acidic nature and pH imbalances in soils of the United States raised the demand for foliar fertilizers, which can be applied directly on plant parts for easy absorption.
