Fertigation Market Research Report 2024
Fertigation Market Global Industry Analysis and Forecast (2024-2032) By Technique (Drip Irrigation, Sprinkler Irrigation, Direct Application), Application (Agricultural Crops, Orchard Crops, Lawns & Gardens), Fertilizer Type (Nitrogen-based, Phosphorus-based, Potassium-based, Micronutrient-based, Organic), And Region
Fertigation Market Synopsis
Fertigation Market Size Was Valued at USD 7226.26 Million in 2023 and is Projected to Reach USD 14700.10 Million by 2032, Growing at a CAGR of 8.21% From 2024-2032.
Fertigation involves using an irrigation system to deliver water-soluble fertilizers to crops, supplying necessary nutrients to the plants. This technique enables accurate management of fertilizer quantity, minimizing wastage and environmental consequences.
Fertigation is a method that can effectively supply plant roots the nutrients and water, resulting in increased crop yields and quality, while also minimizing water waste and runoff. With supplying a continuous source of nutrients, it aids in the prevention of soil erosion, preservation of soil health, and encouragement of robust plant growth. Fertigation enables accurate management of nutrient application with decreasing wastage and enhancing the growth of roots, stems, and leaves. By reducing fertilizer runoff, it can also aid in decreasing environmental pollution and safeguarding waterways.
The fertigation aids in preserving natural resources, decreasing environmental footprint, and enhancing agricultural productivity. Automated fertigation systems can help farmers by increasing profits, cutting costs, and saving on labour. Fertigation method can be customized to various agricultural activities and is backed by government incentives for sustainable farming practices.
Top Active Players Involved Are:
Lindsay Corporation (US), The Toro Company (US), Jain Irrigation Systems Ltd. (India), Valmont Industries, Inc. (US), Rivulis (India), T-L IRRIGATION CO. (US), Netafim (Israel), AutoGrow Systems Ltd. (New Zealand), Fly Bird Farm Innovations (India), AutoAgronom Ltd. (Israel), Nutricontrol BV (Spain), Galcon Ltd. (Israel), Sentek Pty Ltd (Australia), thrive, Inc. (US), Greentech India (India), AGCO Corporation (USA), Hunter Industries (USA), Rain Bird Corporation (USA), Drip Irrigation Systems (South Africa), AquaSpy (Australia), Fertikal (Israel), Kraljevo (Serbia), Eurodrip (Greece), NaanDanJain (Israel), Alkapharm (Egypt), and Other Active Players.
Fertigation Market Trend Analysis
The Increasing Use of Precision Farming Techniques
- Precision farming uses detailed soil mapping to pinpoint nutrient deficiencies, enabling precise fertilizer application using fertigation systems. Variable Rate application technology offers accurate management of fertilizer rates, maximizing efficiency and minimizing wastage.
- Ensuring optimal nutrient delivery is achieved through real-time monitoring and forecasting of yield, along with adjusting fertigation as necessary. Sophisticated sensors identify crop stress to quickly target fertigation solutions.
- Analyzing data guides agricultural choices, combining fertigation with analytics to enhance efficiency and productivity. Leveraging these methods helps cut down on labour expenses and enhance farm productivity, fostering environmental sustainability by decreasing waste and optimizing water usage.
- Government incentives and regulations are fueling the utilization and expansion of precision farming methods, such as fertigation.
Adoption of Automation Technologies in Agriculture
- Precision irrigation systems and other automation technologies have revolutionized the agricultural sector by optimizing fertilizer application and decreasing wastage, leading to improved efficiency.
- Technology helps adjust fertilizers for optimal timing, amount, and crop type, resulting in better crop yields and quality. Utilizing drone-based fertigation and satellite imaging with IoT sensors enables farmers to efficiently distribute fertilizers across vast areas.
- Self-driving tractors and farm machinery with fertigation systems automate the process of applying fertilizer, leading to lower labor expenses. Using data to guide fertigation allows farmers to make educated choices and predict fertilizer needs by utilizing up-to-the-minute information.
- The main advantages of automation technologies include scalability and flexibility, as they can be customized to suit different crop requirements and seamlessly incorporated into current infrastructure.
Fertigation Market Segment Analysis:
The fertigation market is segmented on the basis of Technique, Application, and Fertilizer Type.
By Technique, Drip Irrigation Segment Is Expected to Dominate the Market During the Forecast Period
There are three segments by technique such as drip irrigation, sprinkler irrigation, and direct application. Among these, drip irrigation segment is expected to dominate the market during the forecast period.
- Saving water is crucial in farming, and drip irrigation systems offer an effective method to accomplish this goal. These systems transport water straight to the roots of plants, decreasing evaporation and runoff.
- Additionally, they assist in reducing water wastage and encouraging specific fertilizer usage, which enhances nutrient absorption and crop standards. Drip irrigation systems can also improve soil health through erosion reduction and promotion of healthy soil structure.
- Farmers of any size of farm can effortlessly implement and expand these systems, resulting in reduced expenses for labor and energy. Governments back these methods with subsidies and rewards to promote sustainable agriculture.
- In general, drip irrigation systems are essential for saving water, enhancing crop production and quality, and supporting environmental sustainability in agriculture.
By Application, Agricultural Crops Segment Held the Largest Share In 2023
There are three segments by application such as agricultural crops, orchard crops, lawns & gardens. Among these, the agricultural crops segment held the largest share in 2023.
- The importance of fertigation in dealing with global food security issues is highlighted by the growing need for food caused by the expected population increase to 9.7 billion by 2050. This technology boosts agricultural productivity and profitability, making a substantial contribution to the GDP of numerous countries.
- The fertigation helps increase crop yields and enhance crop quality by providing the precise nutrients required directly to the roots of plants. It also has an important function in saving water, especially for crops that require a lot of water by decreasing water loss from evaporation and runoff.
- In addition, fertigation aids in reducing the effects of drought on crops by delivering necessary nutrients despite limited water supplies. Governments encourage the use of fertigation by providing subsidies and extension services to help farmers cut costs and enhance their income prospects.
Fertigation Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast Period
- The agricultural industry in North America is robust and well-developed, utilizing extensive land suitable for large-scale farming as well as advanced techniques such as fertigation.
- The area is recognized for its swift adoption of technology, such as GPS and drones in precision agriculture, making it an ideal environment for implementing fertigation technology.
- The US and Canadian governments back precision agriculture projects to boost productivity and sustainability, especially in water-scarce and drought-affected areas, while addressing water conservation issues.
- The rising demand for valuable crops in North America, along with the growing trend of organic produce, is leading to the use of fertigation technology to lower environmental impact while preserving crop production.
- Key players in the fertigation industry, like Valmont Industries and Lindsay Corporation, are pushing for advancements and expansion in the market by investing in research, development, and farmer training initiatives.
Fertigation Market Active Players
- Lindsay Corporation (US)
- The Toro Company (US)
- Jain Irrigation Systems Ltd. (India)
- Valmont Industries, Inc. (US)
- Rivulis (India)
- T-L IRRIGATION CO. (US)
- Netafim (Israel)
- AutoGrow Systems Ltd. (New Zealand)
- Fly Bird Farm Innovations (India)
- AutoAgronom Ltd. (Israel)
- Nutricontrol BV (Spain)
- Galcon Ltd. (Israel)
- Sentek Pty Ltd (Australia)
- thrive, Inc. (US)
- Greentech India (India)
- AGCO Corporation (USA)
- Hunter Industries (USA)
- Rain Bird Corporation (USA)
- Drip Irrigation Systems (South Africa)
- AquaSpy (Australia)
- Fertikal (Israel)
- Kraljevo (Serbia)
- Eurodrip (Greece)
- NaanDanJain (Israel)
- Alkapharm (Egypt), and Other Active Players.
Key Industry Developments in the Fertigation Market:
- In May 2024, Rallis India Limited, a Tata enterprise inputs industry announced the establishment of a new automated 8000 metric tons water-soluble-fertilizer plant in Maharashtra. These fertilizers will play a pivotal role in improving soil health.
- In June 2023, ICL announced the North American launch of a new line of advanced foliar and fertigation solutions under their Nova brand of water-soluble fertilizers. Flagship products include Nova FINISH™, Nova PULSE™, Nova ELEVATE™, and Nova FLOW™.
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Fertigation Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7226.26 Mn. |
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Forecast Period 2024-32 CAGR: |
8.21 % |
Market Size in 2032: |
USD 14700.10 Mn. |
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Segments Covered: |
By Technique |
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By Application |
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By Fertilizer Type |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Fertigation Market by By Technique
4.1 Fertigation Market Snapshot and Growth Engine
4.2 Fertigation Market Overview
4.3 Drip Irrigation
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume
Frequently Asked Questions
How big is the Fertigation Market?
Fertigation Market Size Was Valued at USD 7226.26 Million in 2023 and is Projected to Reach USD 14700.10 Million by 2032, Growing at a CAGR of 8.21% From 2024-2032.
What is the Fertigation Market?
Fertigation involves using an irrigation system to deliver water-soluble fertilizers to crops, supplying necessary nutrients to the plants. This technique enables accurate management of fertilizer quantity, minimizing wastage and environmental consequences.
What are the segments of the Fertigation Market?
The Fertigation Market is segmented into Technique, Application, Fertilizer Type, and Region. By Technique, the market is categorized into Drip Irrigation, Sprinkler Irrigation, and Direct Application. By Application, the market is categorized into Agricultural Crops, Orchard Crops, and Lawns & Gardens. By Fertilizer Type, the market is categorized into Nitrogen-based, Phosphorus-based, Potassium-based, Micronutrient-based, and Organic. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Who are the key players in the Fertigation Market?
Lindsay Corporation (US), The Toro Company (US), Jain Irrigation Systems Ltd. (India), Valmont Industries, Inc. (US), Rivulis (India), T-L IRRIGATION CO. (US), Netafim (Israel), AutoGrow Systems Ltd. (New Zealand), Fly Bird Farm Innovations (India), AutoAgronom Ltd. (Israel), Nutricontrol BV (Spain), Galcon Ltd. (Israel), Sentek Pty Ltd (Australia), thrive, Inc. (US), Greentech India (India), AGCO Corporation (USA), Hunter Industries (USA), Rain Bird Corporation (USA), Drip Irrigation Systems (South Africa), AquaSpy (Australia), Fertikal (Israel), Kraljevo (Serbia), Eurodrip (Greece), NaanDanJain (Israel), Alkapharm (Egypt), and Other Active Players.
What would be the forecast period in the Fertigation Market research report?
The forecast period in the Fertigation Market research report is 2024-2032.
