Fertigation and chemigation systems help reduce water and fertilizer use, reduce production costs, and improve crop quality. Many companies offer automated fertigation solutions that help to reduce labor costs and facilitate easy detection of nutrient deficiency in crops through sensors.
The report is a compilation of several segmentations, including market breakdown based on application, product, and region. The report highlights the market's major driving and restraining factors as well as the opportunities in various applications across leading countries. In the extensive primary research process undertaken for this study, the sources include industry experts and key executives from prominent companies and organizations across the value chain.
The detailed study is a compilation of 157 market data tables and 24 figures spread through 212 pages and an in-depth TOC on "Fertigation and Chemigation Market – Analysis and Forecast, 2022-2027."
Global Fertigation and Chemigation Market Industry Overview
The global fertigation and chemigation market size was estimated to be at $11,599.0 million in 2021, which is expected to grow with a CAGR of 8.45% and reach $18,968.6 million by 2027. The growth in the global fertigation and chemigation market is expected to be driven by factors such as high nutrient uptake and increased yield.
Demand - Drivers and Limitations
Following are the demand drivers for the fertigation and chemigation market:
- High nutrient utilization efficiency through fertigation compared to other methods
- No labor requirement
- Minimum requirement of water
- Minimal fertilizer wastage and consequent protection from increasing fertilizer prices for farmers
The market is expected to face some limitations due to the following challenges:
- High initial infrastructure cost
- Lack of awareness regarding fertigation in emerging and underdeveloped countries
Reasons to Buy this Report
This exclusive report on the fertigation and chemigation market will help in the following ways:
- Extensive case study of the top 15 players has been done to offer a holistic view of the global fertigation and chemigation market landscape
- Top player overview based on product portfolio, recent developments, and regional spread
- Drivers, restraints, and opportunities in the market
- Patent analysis
Key Market Players and Competition Synopsis
Profiled companies have been selected based on inputs gathered from primary experts and analyses of the company's domestic and international presence, product portfolio, and market penetration.
The top segment players leading the fertigation and chemigation market include micro-irrigation solution providers, which capture a significant chunk of share in the market.
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Key Questions Answered in the Report:
- What is the estimated global fertigation and chemigation market size in terms of revenue for the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
- What is the competitive strength of key players in the global fertigation and chemigation market based on an analysis of their recent developments, product offerings, and regional presence?
- What type of players are operating in the market ecosystem of fertigation and chemigation, and what is their significance in the global market?
- What kinds of new strategies are being adopted by existing market players to expand their market position in the industry?
- What are the key trends, market drivers, and opportunities pertaining to fertigation and chemigation?
- What are the major restraints inhibiting the growth of the global fertigation and chemigation market?
- How is the competitive benchmarking of the vital fertigation and chemigation companies based on the analysis of their market coverage and market potential?
