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The foliar spray market size is forecast to increase by USD 3.01 billion at a CAGR of 7.44% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The increasing emphasis on enhancing plant productivity and improving crop quality has led to the rising popularity of foliar spray applications. Foliar sprays provide a direct and efficient method for delivering essential nutritional elements, including organic matter, fertilizers, main elements, and trace elements, directly to the plant leaves. This method of fertilization is particularly beneficial for enhancing the absorption of nutrients by the plant, especially during periods of water stress or adverse weather conditions. The growing market for fruits and vegetables, which require optimal nutrient levels for high yields and superior quality, is also driving the demand for foliar sprays.
Additionally, stringent regulations on the handling, storage, and transportation of liquid fertilizers have led to the increased adoption of foliar sprays as an alternative to traditional liquid fertilizers. In summary, the market is witnessing growth due to its efficiency, ability to improve crop quality, and compliance with regulatory requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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