Market Size of Fertigation and Chemigation Industry
| 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 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 | |||||||||
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Fertigation and Chemigation Market Size Summary
The fertigation and chemigation market is experiencing significant growth, driven by the increasing adoption of advanced irrigation techniques to enhance crop productivity amid global water scarcity and a rising population. These methods, which include drip and sprinkler irrigation, are less labor-intensive and offer benefits such as improved nutrient utilization, reduced leaching losses, and enhanced crop quality and yield. The market is gaining traction as farmers seek efficient solutions to maximize agricultural output with minimal water usage. The drip irrigation segment, in particular, is expected to see substantial growth, especially in regions like China, where it is widely used in vegetable and fruit production. However, challenges such as the lack of efficient and cost-effective systems for certain crops, like maize, remain. Governments in developing countries are actively promoting innovations to increase water use efficiency, further boosting the market's expansion prospects.
Europe currently leads the fertigation and chemigation market in terms of revenue, with countries like the United Kingdom, France, Spain, and Germany at the forefront due to widespread awareness and research on these techniques. The market is characterized by a few dominant players engaged in mergers, acquisitions, and product innovations to strengthen their market positions. Companies such as The Toro Company, Rivulis Irrigation, Valmont Industries Inc., and Lindsay Corporation are actively expanding their offerings. Recent developments include Toro's sustainable irrigation practices, Valmont's acquisition of Prospera Technologies, and Rain Bird's introduction of new filtration solutions. These activities underscore the market's dynamic nature and the ongoing efforts to enhance irrigation efficiency and sustainability.
Fertigation and Chemigation Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Input Type
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2.1.1 Fertilizers
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2.1.2 Insecticides
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2.1.3 Fungicides
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2.1.4 Herbicides
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2.1.5 Other Input Types
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2.2 Crop Type
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2.2.1 Grains and Cereals
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2.2.2 Pulses and Oilseeds
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2.2.3 Fruits and Vegetables
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2.2.4 Turf and Ornamentals
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2.3 Application
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2.3.1 Agriculture Irrigation
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2.3.2 Landscape Irrigation
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2.3.3 Greenhouse Irrigation
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2.3.4 Other Applications
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2.4 Irrigation Type
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2.4.1 Sprinkler Irrigation
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2.4.2 Drip Irrigation
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2.4.3 Other Irrigation Types
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2.5 Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.1.4 Rest of North America
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Italy
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2.5.2.5 Russia
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2.5.2.6 Spain
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2.5.2.7 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 Rest of Asia-Pacific
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2.5.4 South America
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2.5.4.1 Brazil
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2.5.4.2 Argentina
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2.5.4.3 Rest of South America
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2.5.5 Africa
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2.5.5.1 South Africa
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2.5.5.2 Rest of Africa
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Fertigation and Chemigation Market Size 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.
