Fertigation & Chemigation Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.50 % |
| Fastest Growing Market | North America |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Fertigation & Chemigation Market Analysis
The fertigation and chemigation market is projected to register a CAGR of 6.5% during the forecast period (2022-2027). Despite qualifying as essential services during lockdowns in many countries, fertigation and chemigation agencies faced a difficult time in securing equipment, inputs, and maintenance. They also faced significant fiscal stress occurred due to additional costs and lower revenues from both state transfers and tariffs. Furthermore, it is noted that a lack of accessibility to irrigation equipment and other inputs was the major issue that farmers faced.
The market across the world is gaining momentum due to the rising popularity of irrigation techniques, owing to the constant quest for high crop productivity accompanied by water scarcity spread across continents amid the ever-rising global population. The technique is less labor-intensive and utilizes drip and sprinkler irrigation for the improvement of crop quality. The market is driven by the benefits offered by the adoption of fertigation and chemigation techniques like high efficiency of nutrient utilization, minimal nutrient leaching losses, better growth, yield, and quality of crops. Uniformity of application is the key factor in successful fertigation and chemigation.
Fertigation & Chemigation Market Trends
This section covers the major market trends shaping the Fertigation & Chemigation Market according to our research experts:
Increase in Awareness of Drip Irrigation System is Driving the Market
The drip irrigation segment is projected to witness the highest CAGR during the forecast period. Mostly, subsurface drip irrigation systems are used in the countries to augment fodder maize production. This results in enormous financial savings and has led to higher revenues globally in the micro-irrigation systems market. Drip fertigation is widely used in vegetable and fruit plant production in China, yet an efficient, practicable, and cost-effective drip fertigation system is lacking for maize production. However, fertigation in maize is found to increase maize yield, water and nutrient use efficiency, and economic benefit synchronously in sandy soil. Alongside the adoption of irrigation practices, the demand for these fertigation products is anticipated to grow in the forthcoming year.
To reduce the consumption of water and maximize agricultural productivity, the government in developing economies like India, China, and Brazil are trying to introduce different innovations. Irrigated area accounts for nearly 48.8% of agricultural land in India. Department of Agriculture, Cooperation & Farmers' Welfare implemented the Per Drop More Crop Component of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY-PDMC). The PMKSY- PDMC focuses on enhancing water use efficiency at the farm level through Micro Irrigation viz Drip and Sprinkler Irrigation System. Hence, as farmers are increasingly relying on irrigation techniques, the opportunities for expansion of these fertigation and chemigation products are immense.
Europe Dominates the Fertigation and Chemigation Market
Europe leads the fertigation and chemigation market in terms of revenue as of 2019. The increasing population and their demand for a better quality of crops across the region are driving the market. Fertigation and chemigation facilitate minimal nutrient losses in terms of leaching, high efficiency of nutrient utilization, along with better growth, quality, and yield of crops. Awareness about the benefits of using these techniques is widespread in the European countries, including the United Kingdom, France, Spain, and Germany, as a lot of research work is actively conducted in these countries. The Toro Company, Rivulis Irrigation, Valmont Industries Inc., and Lindsay Corporation are active companies in the region as they are expanding and launching products to enhance their market share in the region.
Fertigation & Chemigation Industry Overview
The fertigation and chemigation market is consolidated, with a few companies occupying a major chunk of the market share. The market is characterized by mergers and acquisitions, partnerships, product launches, and research and developments, among other activities. For instance, Toro's award-winning drip irrigation recycling service is a result of an ongoing commitment to helping farmers maximize crop production with efficient and sustainable irrigation practices, including the recycling of spent drip irrigation tapes and driplines. In partnership with Revolution Plastics, the service uses recycled materials to make plastic can liners and other agriculture and construction sheeting, rather than sending the used materials to a landfill.
Fertigation & Chemigation Market Leaders
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The Toro Company
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Jain Irrigation Systems Ltd
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Lindsay Corporation
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Valmont Industries, Inc.
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Rain Bird Corporation
*Disclaimer: Major Players sorted in no particular order
Fertigation & Chemigation Market News
In February 2022, Netafim USA, a subsidiary of Netafim Ltd, launched its new AlphaDisc™ filter, a new filter designed to protect irrigation systems against clogging caused by organic contaminants.
In May 2021, Valmont Industries acquired Prospera Technologies (an Israeli crop analytics startup) for USD 300 million. They majorly focus on digitizing center pivot irrigation systems.
In February 2021, Rain Bird introduced New Rain Bird Flow-Indicating Basket Filters. It makes irrigation systems easier to install and maintain by providing flow measurement, filtration, and integrated pressure regulation in an all-in-one, compact solution.
In January 2019, Lindsay Corporation and Nutrien AG Solutions, the world's largest provider of crop inputs and services, announced a partnership that will enable Nutrien AG Solutions and Lindsay's remote irrigation management and scheduling platform to leverage irrigation offerings to the market.
Fertigation & Chemigation Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Input Type
- 5.1.1 Fertilizers
- 5.1.2 Insecticides
- 5.1.3 Fungicides
- 5.1.4 Herbicides
- 5.1.5 Other Input Types
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5.2 Crop Type
- 5.2.1 Grains and Cereals
- 5.2.2 Pulses and Oilseeds
- 5.2.3 Fruits and Vegetables
- 5.2.4 Turf and Ornamentals
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5.3 Application
- 5.3.1 Agriculture Irrigation
- 5.3.2 Landscape Irrigation
- 5.3.3 Greenhouse Irrigation
- 5.3.4 Other Applications
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5.4 Irrigation Type
- 5.4.1 Sprinkler Irrigation
- 5.4.2 Drip Irrigation
- 5.4.3 Other Irrigation Types
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5.5 Geography
- 5.5.1 North America
- 5.5.1.1 United States
- 5.5.1.2 Canada
- 5.5.1.3 Mexico
- 5.5.1.4 Rest of North America
- 5.5.2 Europe
- 5.5.2.1 Germany
- 5.5.2.2 United Kingdom
- 5.5.2.3 France
- 5.5.2.4 Italy
- 5.5.2.5 Russia
- 5.5.2.6 Spain
- 5.5.2.7 Rest of Europe
- 5.5.3 Asia-Pacific
- 5.5.3.1 China
- 5.5.3.2 Japan
- 5.5.3.3 India
- 5.5.3.4 Australia
- 5.5.3.5 Rest of Asia-Pacific
- 5.5.4 South America
- 5.5.4.1 Brazil
- 5.5.4.2 Argentina
- 5.5.4.3 Rest of South America
- 5.5.5 Africa
- 5.5.5.1 South Africa
- 5.5.5.2 Rest of Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Valmont Industries Inc.
- 6.3.2 The Toro Company
- 6.3.3 Jain Irrigation Systems Limited
- 6.3.4 Lindsay Corporation
- 6.3.5 Rivulis Irrigation
- 6.3.6 Netafim
- 6.3.7 Rain Bird Corporation
- 6.3.8 T-L Irrigation Co.
- 6.3.9 Nelson Irrigation Corporation
- 6.3.10 EPC Industrie Limited
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. AN ASSESSMENT OF THE COVID-19 IMPACT ON THE MARKET
** Subject To AvailablityFertigation & Chemigation Industry Segmentation
The application of precise and equal amounts of fertilizers, nutrients, soil amendments, pesticides, or other water-soluble products through an irrigation system is referred to as fertigation. A similar application process, but of water-soluble chemicals such as pesticides, herbicides, and fungicides, is referred to as chemigation.
The fertigation and chemigation market is segmented by input type (fertilizers, insecticides, fungicides, herbicides, and other input types), crop type (grains and cereals, pulses and oilseeds, fruits and vegetables, and turfs and ornamentals), application (agricultural irrigation, landscape irrigation, greenhouse irrigation, and other applications), irrigation type (sprinkler irrigation, drip irrigation, and other irrigation types), and geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts in terms of value (USD million) for all the above segments.
| Input Type | Fertilizers | |
| Insecticides | ||
| Fungicides | ||
| Herbicides | ||
| Other Input Types | ||
| Crop Type | Grains and Cereals | |
| Pulses and Oilseeds | ||
| Fruits and Vegetables | ||
| Turf and Ornamentals | ||
| Application | Agriculture Irrigation | |
| Landscape Irrigation | ||
| Greenhouse Irrigation | ||
| Other Applications | ||
| Irrigation Type | Sprinkler Irrigation | |
| Drip Irrigation | ||
| Other Irrigation Types | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Russia | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Africa | South Africa |
| Rest of Africa |
Fertigation & Chemigation Market Research FAQs
What is the current Fertigation and Chemigation Market size?
The Fertigation and Chemigation Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Fertigation and Chemigation Market?
The Toro Company, Jain Irrigation Systems Ltd, Lindsay Corporation, Valmont Industries, Inc. and Rain Bird Corporation are the major companies operating in the Fertigation and Chemigation Market.
Which is the fastest growing region in Fertigation and Chemigation Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fertigation and Chemigation Market?
In 2024, the Europe accounts for the largest market share in Fertigation and Chemigation Market.
What years does this Fertigation and Chemigation Market cover?
The report covers the Fertigation and Chemigation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fertigation and Chemigation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fertigation and Chemigation Industry Report
Statistics for the 2024 Fertigation and Chemigation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fertigation and Chemigation analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
