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Fertigation Market Size, Share, and COVID Impact Analysis by Type (Drip Fertigation, Sprinkler Fertigation Systems, and Others), by Crop Type (Agriculture Crops, Orchard Crops, Lawn & Gardens, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI109863 | Status : UpcomingFertigation is a technique of providing soluble fertilizers to plants through an irrigation system. In this system, fertilizer solution is distributed evenly to the farmlands through irrigation. The nutrients and water can be controlled and managed to achieve maximum marketable yield from a given amount of input when supplied through a proper irrigation system. The main principle of fertilization is to dissolve water-soluble fertilizers into the water used for irrigation to be used in combination. The advantage of fertigation is that water and nutrients are supplied near the active root zone through fertilization, which results in greater solution absorption. Since moist roots are needed to effectively absorb fertilizer, this method significantly increases the effectiveness of fertilization by ensuring that it is delivered to the roots in already-wetted soil.
As fertilizer and water are provided evenly to all the crops through fertigation, there is a possibility of getting 25-50% higher yield. The productivity of fertilizer use through fertigation ranges between 80-90 %, which helps to save a minimum of 25% of nutrients that would be lost otherwise. Therefore, fertigation plays a vital role in agriculture practices. The provision of knowledge about this technique to the farmers would help them use it in their agricultural crops and drive market growth.
Impact of COVID-19 on the Fertigation Market
The sudden outbreak of the coronavirus pandemic was affecting the global economy as governments took containment measures and limited mass movement of people in public places. All industrial activity had stopped, cross-border travel had ended, and only essential businesses such as pharmaceuticals and food were allowed to operate. These actions had a significant impact on most industrial sectors, including fertilizers used in irrigation systems, as factories faced supply chain disruptions and water shortages due to a lack of labor. Some of the reasons behind these disruptions could be raw material shortages, labor shortages, and factory shutdowns enforced by the government.
Segmentation
By Type | By Crop Type | By Geography |
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Analysis by Type
Based on type, the fertigation market is segmented into drip fertigation systems, sprinkler fertigation systems, and others.
The drip fertigation systems segment is expected to hold the largest market share in the market. This type of fertigation system is similar to traditional drip irrigation, except it uses a timer to control the watering cycle. A drip system is a precise and efficient method that provides water and fertilizers directly to the root zone of the plant. Therefore, the demand for drip fertigation systems is rising in the fertigation market due to their ability to help plants grow faster and healthier.
Key Insights
The report covers the following key insights:
- Overview of the Market – For Fertigation Market
- Products Launched By Key Market Players – For Fertigation Market
- Key Trends of the Fertigation Market
- Supply Chain Landscape for the Fertigation Market
- Impact of COVID-19 on the Fertigation Market
Regional Analysis
North America is expected to hold a major market share in the fertigation market due to increased advanced agricultural practices and the adoption of new farming technology. The increasing use of center pivot and drip irrigation in agricultural land is mainly due to the increasing demand for grains and cereals in the region and rising awareness among farmers about using efficient fertigation systems to grow efficient crops. In addition, with the rising population and increasing food demand, countries adopt modern technologies to reduce the usage of resources and increase production in the North American region, providing ample opportunities for the industry players to increase their net sales.
In Europe, awareness regarding the benefits of using modern fertigation and irrigation techniques is widespread in countries including the U.K., France, Spain, and Germany, as extensive agri research has been carried out in these countries for decades. The Toro Company, Valmont Industries Inc., Rivulis Irrigation, and Lindsay Corporation are companies operating in the region. These players emphasize the expansion and launch of new products to increase their regional market share.
The Asia Pacific region is expected to grow in the upcoming years due to the rise in population and increasing food demand. Government initiatives are facilitating the adoption of a fertigation system to promote modern agricultural facilities and increase crop productivity with the efficient use of water.
Key Players Covered
The report includes the profiles of key players such as Greentech India (India), Lindsay Corporation (U.S.), The Toro Company (U.S.), Sentek Pty Ltd (Australia), Netafim (Israel), Jain Irrigation Systems Ltd. (India), Galcon ltd. (Israel), Valmont Industries, Inc. (U.S.), Auto Agronom Ltd ( Israel), and Greentech India (India).
Key Industry Developments
- In May 2021, Valmont Industries acquired Prospera Technologies, an Israeli crop analytics startup, for USD 300 million. The company is mainly focused on digitizing center-pivot irrigation systems. The acquisition is expected to boost the company’s aim to strengthen its position in center-pivot irrigation system.
- In February 2021, Rain Bird launched the new Rain Bird Flow Indicator Basket Filter. It facilitates irrigation system installation and maintenance by providing integrated flow measurement, filtration, and pressure regulation in a compact, all-in-one solution.
- Global
- 2023
- 2019-2022