Fertigation Market Foreseen at USD 13.10 Billion with 8.10% CAGR"

0
851

Fertigation Market Overview

Fertigation is the process in which fertilizers are injected in the irrigation system. It is a combination of fertilization and irrigation systems. It is extensively used to add required amount of fertilizers into the plant tissues as per the deficiencies analyzed. This method helps to reduce soil erosion, water consumption, and reduce the amount of fertilizers used. Growing population and increasing demand for quality crops have surged the growth of the global fertigation market. Moreover, water consumption issues in irrigation system have opened the doors for fertigation market.

Fertigation method is used to increase the efficiency of nutrient utilization with the minimum nutrient loss, which leads to finest plant growth and yield. It is gaining popularity due to increasing water scarcity issues in many regions. Moreover, fertigation method has less labor cost involved with high crop productivity, which drives the growth of the global fertigation market. Additionally, the demand for crops is increasing with increasing population across the globe, which drives the fertigation market growth. Furthermore, the continuous decrease in ground water level owing to climatic change have boosted the market growth.

Moreover, the market examines continuous growth due to high demand in most of the countries and intensifying market opportunities across the globe. Increasing focus on R&D and technological surge will boost the global fertigation market. However, low social acceptance in rural areas seem to be a constraint for the growth of fertigation market.The Fertigation Market Size was valued at USD 6.5 Billion in 2022. The Fertigation market industry is projected to grow from USD 7.02 Billion in 2023 to USD 13.10 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.10% during the forecast period (2023 - 2032). 

Downstream Analysis

On the basis of agro inputs, the global fertigation market is segmented by fertilizers, pesticides, nutrients, and others. Among all, fertilizer input is dominating the global market growth followed by pesticides such as herbicide and fungicide. Fertilizers are plant nutrients that supplement required elements found naturally in the soil.

Based on crop type, the horticulture crops are dominating the market followed by orchard crops. Growing population has increased the demand for horticulture crops, which, in turn, leads to extensive horticulture cultivation.

Buy Now Premium Research Report - Get Comprehensive Market Insights : https://www.marketresearchfuture.com/sample_request/4540

Based on the irrigation system, drip irrigation holds the major share of the global market. It is the most water-efficient irrigation system and fertigation has become a part of drip irrigation system.

Competitive Analysis

The major players in the Fertigation Market

  • The Toro Company (U.S.)
  • Jain Irrigation Systems Ltd. (India)
  • Lindsay Corporation (U.S.)
  • Valmont Industries, Inc. (U.S.)
  • Rivulis (India)
  • Netafim (Israel)
  • T-L IRRIGATION CO. (U.S.)

The global fertigation market is growing rapidly due to high demand in most of the countries and intensifying market opportunities. Moreover, increasing focus on R&D and developing technology projected to boost the fertigation market over the forecast period 2023-2032.

Regional Analysis

The global fertigation market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). European market is dominating the fertigation market followed by North America. Extensive R&D activities in this region followed by intensifying market opportunities have helped to surge the fertigation market in this region. However, Asia Pacific is projected to grow rapidly owing to its high population growth followed by rising demand for quality and quantity crops. Furthermore, lack of rain and other water resources followed by technological advancements focusing on irrigation system in Israel has majorly contributed the growth of fertigation market.

Market Segmentation

Fertigation Market is segmented on the basis of ago inputs, crop type, irrigation system and region.

Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Fertigation Market :  https://www.marketresearchfuture.com/reports/fertigation-market-4540

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), and Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team has a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which helps to answer all their most important questions. To stay updated with the technology and work process of the industry, MRFR often plans & conducts meetings with the industry experts and industrial visits for its research analyst members.


Contact

Market Research Future

Office No. 104, Pentagon 4 Magarpatta City, Hadapsar,
Pune – 411013 Maharashtra, India
Tel. (0) + 91 8411985042 / 020 640000195
Email: Sales@marketresearchfuture.com

 

 
Реклама
Поиск
Реклама
Категории
Больше
Бизнес
Vitamins D Market Trends Overview by Share, Growth and Competitors
Vitamin D, often referred to as the "sunshine vitamin," plays a crucial role in maintaining our...
От Ritu Patel 2023-12-28 10:49:55 0 712
Литература
Inductor Market Set to Expand at a 4.3% CAGR, Projected to Hit USD 5.75 Billion by 2030
Learn about the Inductor Market growth and developments. Maximize Market Research is a...
От Falguni Mmr 2024-11-07 06:49:31 0 0
Разное
DNA Origami Market Key Players, Growth, Share and Forecast Till 2027
The global DNA Origami market is anticipated to grow at a significant rate owing to...
От Imona Vmin 2023-02-08 12:18:32 0 2K
Досуг, развлечения
《唐朝诡事录之西行》:穿越千年的迷雾,共赴一场智勇之旅
在历史的长河中,唐朝以其开放包容、文化繁荣而著称,而《唐朝诡事录之西行》这部由柏杉导演精心雕琢的在线电影,恰似一缕穿越时空的清风,轻轻拂过了2024年的荧屏,引领着观众踏上了一场既惊心动魄又充满...
От 尤 Zm 2024-09-11 02:43:18 0 0
Бизнес
Application Transformation Market size was valued at US$ 13.48 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 11.6% from 2023 to 2029, reaching nearly US$ 29.06 Bn.
  Application Transformation Market    Report Scope and Research Methodology...
От Pooja Rakade 2023-10-26 07:30:34 0 740