Fertigation And Chemigation Market

Global Fertigation and Chemigation Market Size (2024 to 2032)

The global fertigation and chemigation market was valued at USD 51.31 billion in 2023 and is anticipated to reach USD 54.57 billion in 2024 from USD 89.30 billion by 2032, growing at a CAGR of 6.35% from 2024 to 2032.

The Fertigation & Chemigation market is showing huge potential in the mentioned forecast period. The market has continued to gain momentum with the high demand in most of the regions over the globe and also due to the intensive market opportunities. Many companies in the agricultural industry have started taking interest in the fertigation and chemigation market lately and the trend is expected to follow. The fertigation and Chemigation market has gained popularity due to the rising water scarcity, high crop productivity, and less labor-intensive. It actually involves various kinds of irrigation techniques like drip irrigation and sprinkler irrigation. Fertigation and migation techniques are generally used to improve crop yield and improve crop quality.

Market Drivers

The ever-rising population and their demand for better quantity and quality of crops have led the market to show significant growth recently. Other key factors responsible for driving the market include high efficiency of nutrient utilization, minimal nutrient leaching losses, better growth, yield & quality of crops. Apart from these the market also faces some restraints as well. Some of the major ones include critical nutrient application doses and high initial investments. The market also faces the challenge of improving its efficiency. These few factors have hindered the growth of the market over the years.

REPORT COVERAGE

REGIONAL ANALYSIS

The Fertigation & Chemigation market was dominated by Europe, with an overall market share of over 36% globally. Europe was followed by North America and Asia-Pacific. The Asia Pacific is predicted to grow at a rapid pace in the coming few years.

KEY MARKET PLAYERS

Some of the major companies dominating the market, by their products and services, include The Toro Company, Jain Irrigation Systems Ltd., Lindsay Corporation, Valmont Industries Inc., Rain Bird Corporation, EPC Industrie Limited, Netafim, Nelson Irrigation Corporation, Rivulis Irrigation, T-L Irrigation Co.

DETAILED SEGMENTATION OF THE GLOBAL FERTIGATION AND CHEMIGATION MARKET INCLUDED IN THIS REPORT

This research report on the global fertigation and chemigation market has been segmented and sub-segmented into the following categories.

By Agri Input

• Fertilizers
• Insecticides
• Fungicides
• Herbicides
• Others.

By Crop Type

• Field Crops
• Plantation Crop
• Orchard Crops
• Forage & Turf Grasses

By Application

• Agricultural Irrigation
• Landscape Irrigation
• Greenhouse Irrigation

By Irrigation system          

• Sprinkler
• Drip irrigation

By Region

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