From Globe Newswire: 2025-05-05 03:50:00

The global foliar spray market is expected to reach USD 11.76 billion by 2032, with a CAGR of 5.78% from 2024 to 2032. This growth is driven by the increasing trend towards organic farming and sustainable crop management practices. The U.S. market accounts for nearly 70% of the global market, with a value of USD 956.62 million in 2023, due to advanced agricultural practices and government initiatives promoting modern technologies. The market is dominated by key players like BASF, Bayer, and Syngenta, offering a wide range of foliar spray products.

In 2023, nitrogenous foliar sprays accounted for the highest market share at 45.2%, promoting crop yield through key nutrients like urea and ammonium nitrate. Liquid formulations held the largest market share at 64.7%, offering better nutrient absorption efficiency. The horticulture segment dominated the market at 42.5%, with a focus on fruits, vegetables, and ornamental plants. The global market, by region, is driven by countries like China, India, and Japan, focusing on improving crop productivity and sustainability.

Recent developments include Yara International ASA launching sustainable foliar fertilizers for precision farming and Corteva Agriscience introducing a next-generation foliar nutrition product line. The market scope includes a detailed analysis of market size, segments, competitive landscape, regional analysis, and key drivers. Companies like Aries Agro Ltd., EuroChem Group AG, and Syngenta are driving innovation in the foliar spray market. For more information, visit the SNS Insider website for customized reports and market trends.



Read more at Globe Newswire: Foliar Spray Market Projected to Reach USD 11.76 Billion by