Market Scenario
Global Fertigation Market is speculated to witness growth at a CAGR of 8.1 percent. This growth rate is expected to occur during the forecasted period from 2019 to 2024. In this duration, the market size is expected to reach 9.08 billion USD. This is basically a way of providing fertilizer along water using an irrigation system. It also lets proper passage of nutrients as the plant needs. Playing such a major role is one of the prime reasons behind the growing demand of the market.
There are many domains where Fertigation has a significant market. To be specific, this is highly used in horticulture. In a scenario of extensive agriculture, the market seems absolutely promising. At the same time, smart landscaping is one of the prime reasons for the growth of the market. Fertigation is known for its greater efficacy in improving the ability of fertilizers. As the rate of nutrient absorption grows, it has become one of the hugely demanded products.
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The market of fertigation is promising with a smart irrigation system across the globe. Starting from small to large parts of the world, irrigation is effective all over the world. This is one of the prime reasons behind the incredible prospect of international fertigation market. Agriculture scientists’ have also made it clear about the promising prospects of international fertigation market powered by a smart irrigation system. Its capacity to lower soil erosion and minimizing the threat of diseases born in root is also one of the prime reasons behind its growth.
Key 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) and Nutricontrol BV (Spain)
Industry News
Press Journal publishes a report about the growth prospects of international fertigation market. It analyses key factors playing a crucial role in growth of the market. The report identifies the key markets where the market is expected to remain the most significant. It also figures out the growth rate during the forecasted year in future.
Market Segment
International Fertigation Market can be segmented on the basis of irrigation type, crop, and region.
On the basis of irrigation type, the global fertigation market can be again divided in to, as drip, sprinklers, and others.
On the basis of crop, the global fertigation market is again segmented into bifurcated, into crops, horticultural crops, plantation crops, turf & ornamental crops, and others.
Apart from all these, the global fertigation market can be divided on the basis of regions. Basically, it is divided into four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis
On the basis of region, the global fertigation market is divided into four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American fertigation can be divided again into the US, Canada, and Mexico.
The European fertigation market can be divided into the UK, Germany, France, Italy, Spain, and the rest of Europe.
When it comes to Asia-Pacific, the fertigation market can be divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.
Apart from these, the fertigation market, in the rest of the world, can be divided primarily into South America, the Middle East, and Africa.
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