Foliar Spray Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

The global foliar spray market stood at a value of around USD 7.57 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 5.50% to reach USD 12.93 Billion by 2034.

The Nitrogenous Segment Based on Chemical Holds a Significant Share in the Global Foliar Spray Industry

The nitrogenous segment based on chemical accounts for a significant share in the market. Nitrogenous foliar spray encourages healthy development of crops and is widely adopted to accelerate the growth of young plants. These are fast acting, as foliar uptake of nutrients is much faster than root uptake, making it an effective method in treating nutrient deficiencies. Additionally, the use of nitrogenous fertilisers can help reduce nitrous oxide emissions from agricultural fields. Hence, the segment is anticipated to witness a steady growth in the forecast period.

The Asia-Pacific Accounts for a Significant Share in the Market

The foliar spray industry in the Asia-Pacific is driven by the thriving agriculture industry and an increase in farming activities owing to the rising population and subsequent increase in food demands. The favourable government initiatives to support the agricultural sector, especially in countries like India and China, have been aiding the market. Furthermore, a significant increase in rice farming in Japan has been witnessed due to the rising demand for rice-based cuisines in the region.

Foliar Spray Market Segmentation

Foliar spray is defined as a chemical or fertiliser that is sprayed onto plants to provide them with essential nutrients during their vegetative and generative stages. Foliar spraying is a good way to supplement the nutritional needs of plants, especially when a plant is suffering from certain nutrient deficiencies. Foliar nutrition leads to the optimal growth of plants and contributes significantly to higher yields and better quality.

Based on chemical, the market can be segmented into:

• Phosphatic
• Nitrogenous
• Potassic
• Calcium
• Micronutrients
• Others

The market based on product type is bifurcated into:

• Powder
• Liquid

The major applications of the product include:

• Horticulture Crops
• Agriculture Crops
• Orchard Crop
• Vegetables
• Turfs
• Others

Based on region, the market can be segmented into:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Growing Agricultural Sector and the Increasing Adoption of Modern Farming Practices to Boost the Growth of the Foliar Spray Industry

The rising application of foliar sprays due to the growing focus of farmers on producing higher and better-quality yields is driving the market growth. Foliar sprays efficiently provide essential nutrients to the crops with minimum wastage. The development of small farms owing to the increased awareness about different farming techniques is anticipated to enhance the demand for foliar sprays. Moreover, a range of premium products for foliar application offered by the manufacturers, all containing pure plant nutrients, free of chloride, sodium, and any other detrimental materials is likely to boost the foliar spray industry growth in the forecast period.

Key Industry Players in the Global Foliar Spray Market

The report gives a detailed analysis of the following key players in the global foliar spray market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Andaman AG
• Aries Agro Limited
• Coromandel International Limited
• Gujarat State Fertilizers & Chemicals Limited (GSFC)
• Sichuan Shucan Chemical Co. Ltd
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.