Global Fertigation & Chemigation Market is valued approximately at USD 37.73 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period. Fertigation & Chemigation refers to the sluggish application of nutrients and water on or below the surface of the soil applying surface drip, subsurface drip, bubbler and micro-sprinkler systems. These offer benefits such as minimum wastage of water, minimal labor necessity and protection against drought situations. The rising water scarcity and increasing government initiatives for water replenishment has led the adoption of Fertigation & Chemigation across the forecast period. As per United Nations 2018 report, 2 billion people in the world live in high water stress countries. Also, UNICEF 2017, stated by 2040 one in four children under 18 amounting to 600 million in total will be living in areas of extremely highwater stress. Also, minimum nutrient losses, improved plant growth and demand for quality food products is expected to fuel the demand for Fertigation & Chemigations. Although, the critical nutrient application doses and high initial investments hinders the market growth. However, the rising population and increasing awareness for quality food products presents a wide opportunity for the market.
The regional analysis of global Fertigation & Chemigation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of major market players in the region and high penetration of Drip irrigation systems in the region. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period. Factors such as increasing population along with their demand for a better quality of crops and rising awareness about the benefits of using this technique would create lucrative growth prospects for the Fertigation & Chemigation market across European region.
Major market player included in this report are:
The Toro Company (US)
Jain Irrigation Systems Ltd. (India)
Lindsay Corporation (US)
Valmont Industries Inc. (US)
Rain Bird Corporation (US)
EPC Industries Limited (India)
Netafim (Israel)
Nelson Irrigation Corporation (US)
Rivulis Irrigation (Israel)
T-L Irrigation Co. (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Crop Type:
Field crops
Plantation crops
Orchard crops
Forage & Turf grasses
By Agricultural Input:
Fertilizers
Insecticides
Fungicides
Herbicides
Others (includes acaricides, nematicides, and micronutrients)
By Application:
Agriculture irrigation
Landscape irrigation
Greenhouse irrigation
Others (includes soilless culture)
By Irrigation System:
Drip
Sprinkler
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
Target Audience of the Global Fertigation & Chemigation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor
