India Foliar Fertilizer Market to Grow with a CAGR of 4.86% through 2030
Rising adaptability of foliar fertilizers to diverse
crops and regions is expected to drive the India Foliar Fertilizer Market
growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Foliar
Fertilizer Market – By Region, Competition Forecast
& Opportunities, 2020-2030F”, the India Foliar Fertilizer Market was valued at USD 2.65 Billion
in 2024 and is expected to reach USD 3.53 Billion by 2030 with a CAGR of 4.86% during
the forecast period. The India Foliar Fertilizer Market has been on
a steady upward trajectory, experiencing significant growth and innovation in
recent years. India is home to
a vast and ever-growing population, and the pressure on its agricultural sector
to meet the food demands of the nation is substantial. Farmers are increasingly
turning to foliar fertilizers as a means to boost crop productivity. These
fertilizers provide a rapid and efficient way to deliver essential nutrients
directly to plants, resulting in healthier and more productive crops.
Foliar fertilizers are known for their ability to
enhance nutrient absorption by plants. Unlike traditional soil-based
fertilization, where nutrients must travel through the soil to reach the
plant's roots, foliar fertilizers are applied directly to the leaves, allowing
for quicker and more efficient uptake of nutrients. This is particularly
advantageous during critical growth stages when crops require a rapid nutrient
boost. The
diversification of crops in India, particularly the expansion of horticultural
products such as fruits and vegetables, has driven the demand for foliar
fertilizers. These high-value crops often require precise nutrient management
and are particularly responsive to foliar fertilization. As the demand for
fruits and vegetables continues to rise, so does the market for foliar
fertilizers.
India's agricultural landscape is incredibly diverse,
with a wide range of crops grown throughout the country. Foliar fertilizers
offer versatility, as they can be customized to suit the nutritional needs of
different crops. From rice and wheat to fruits and vegetables, foliar
fertilizers cater to the unique requirements of various agricultural products,
making them an attractive choice for farmers. The Indian government has
recognized the importance of sustainable agriculture and is actively promoting
the use of foliar fertilizers through subsidies and support programs. These
initiatives aim to reduce the environmental impact of conventional chemical
fertilizers while improving overall crop yield and quality. Government backing
has played a pivotal role in propelling the India Foliar Fertilizer Market
forward.
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Foliar Fertilizer Market”
The India Foliar Fertilizer Market is segmented
into Application, Product, Regional Distribution, And Company
Based on the Application, the Horticulture Greenhouse segment has emerged as the fastest-growing player in the India Foliar Fertilizer Market. Horticulture greenhouses enable controlled and intensive cultivation of high-value crops like vegetables, fruits, and flowers. In these controlled environments, every aspect of plant growth is managed, making nutrient management a critical factor. Foliar fertilizers are well-suited to greenhouse conditions as they offer precise and targeted nutrient delivery directly to the plant's foliage. Greenhouse growers aim for precision in their cultivation practices. Foliar fertilizers can be customized to meet the specific nutritional requirements of different crops, allowing growers to fine-tune their nutrient management strategies for each crop variety.
Based on the Region, the
southern region emerged as the second most significant contributor, surpassing
the northern and eastern regions. The dominance of the southern region in the
foliar fertilizer market can be attributed to several key factors, including
its diverse crop cultivation, favorable climatic conditions, and increasing
adoption of modern farming techniques. One
of the primary reasons for the strong presence of the foliar fertilizer market
in southern India is the region’s agricultural diversity. States in the south
cultivate a wide variety of crops, including rice, pulses, spices, coffee,
cotton, sugarcane, and horticultural produce such as bananas, coconuts, and
chilies. Since foliar fertilizers are particularly beneficial for high-value
crops, fruit orchards, and plantations, their adoption has been growing
significantly among farmers in this region. The ability of foliar fertilizers
to provide immediate nutrient absorption and correct deficiencies efficiently
has made them an essential component of agricultural practices in southern
India. The favorable climatic conditions in the south also play a crucial role
in driving the demand for foliar fertilizers. Unlike the northern and eastern
regions, which experience extreme temperatures and prolonged dry spells, the
southern states benefit from a more consistent climate, with regular rainfall
patterns and moderate temperatures. This stability supports year-round
cultivation, allowing farmers to integrate foliar fertilizers into their crop
management strategies across multiple growing seasons. Additionally, the
region’s extensive irrigation network further enhances the adoption of foliar
fertilizers, as water availability is crucial for ensuring optimal nutrient
absorption by crops.
Major companies operating in India Foliar
Fertilizer Market are:
- Zuari
Agro Chemicals Ltd
- Indian
Farmers Fertiliser Cooperative Limited
- Coromandel
International Limited
- Deepak
Fertilisers and Petrochemicals Corporation Ltd. (DFPCL)
- The
Fertilisers and Chemicals Travancore Limited (FACT)
- Gujarat
State Fertilizers & Chemicals Limited
- Mahafeed Speciality
Fertilizers (India) Pvt. Ltd.
- Madras
Fertilizers Limited
- Paradeep Phosphates Ltd.
- DCM Shriram Ltd.
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“The
future of the India foliar fertilizer market looks promising, driven by
increasing awareness among farmers, advancements in agricultural technology,
and a growing focus on sustainable farming practices. Rising demand for
high-yield crops, coupled with the need for efficient nutrient management, will
propel market expansion. Government initiatives promoting precision farming and
organic cultivation are expected to further boost adoption. Additionally, the
integration of digital farming solutions and smart agricultural inputs will
enhance efficiency, optimizing fertilizer application. The market will likely
witness increased investment in research and development, leading to the
introduction of specialized foliar formulations catering to diverse crop needs.
With evolving agronomic practices and a push for enhanced productivity, India’s
foliar fertilizer market is poised for substantial growth.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Foliar Fertilizer Market By Product
(Mineral Liquid/Suspension Foliar Fertilizers, Biostimulants, Combinations of
Biostimulants with Mineral Fertilizer Components), By Application (Horticulture
Openfield, Horticulture Greenhouse, Field Crops, Turf & Ornamental, Others),
By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of India Foliar Fertilizer Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Foliar Fertilizer Market.
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