Global Fertigation and Chemigation Market Size Analysis and Industry Opportunity
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Fertigation and Chemigation Market: Asia Pacific to takeover Western Europe Market by 2022. China to dominate regional sales
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Global Fertigation and Chemigation Market Size Analysis

Published Date:  BKR665Industry: Food and AgricultureStatus: Published (Feb 2018)
 

Global Fertigation and Chemigation Market Size Analysis

The global Fertigation and Chemigation market size is estimated to be valued at USD 34.1 billion in 2018 and will register a CAGR of 5.9% to create collective absolute revenue opportunity of USD 503 billion during the forecast period. The industry will additionally create an incremental opportunity of USD 28 billion between 2017 and 2028.

Fertigation is a agricultural practice wherein fertilizer is mixed with irrigation water and is sprayed evenly on field crops through drip system or sprinkler system. Agriculture plays crucial role in overall economic development of countries. High yield ensures food security, however, changing climatic conditions has led to development of new technologies that could meet food demand among growing population. Fertigation and Chemigation market involves drip irrigation and sprinkler irrigation that led to higher crop yield along with less labor intensive in nature.

Global Fertigation and Chemigation Market Drivers and Challenges

Fertigation and chemigation market demand is driven by various factors with most commonly food-population matrix. The population has almost quadrupled in last 70 years – reaching over 7 billion population in 2016. This is expected to further rise to 10 billion population by 2050. As such, food demand is expected to increase anywhere in-between 40% to 70% in next 25 to 30 years. It is of utmost importance to scale up the agricultural productivity to meet the growing demand. This will create good market opportunity for industry players engaged in production and distribution of fertigation equipment.

Globally, over 20% of the land is arable. Though arable land is quite high, population burst has led to rise in food demand. Further, higher resource constraint is expected including 15% global unmet water need. Implementation of fertigation and chemigation is helping in achieving higher production yield. Government agriculture based initiatives will further create favorable business opportunity. On macro level, well developed distribution channels will help in lowering the operational cost and enhance profit margins. Leading companies leverages direct sales channel to capture major chunk of the market.

Globally, south East Asia including India has high addressable market, however will take time to flourish the industry – considering the overall development and initiatives.

Global Fertigation and Chemigation Market Analysis, By Agri Type Analysis

Among agri types, fertilizers is expected to dominate the market, accounting for 64% of total share in 2017. There exists high market potential for industry players operating in water soluble fertilizers. Globally fertilization utilization rate has increased in last 10 years, i.e, from 40% in 2005 to 66% in 2016. Leading players are emphasizing on increasing production capacity to minimize supply chain gap. For instance, in 2016, Israel based multinational fertilizer and specialty Chemicals Company announced its joint venture with Zuari Industries Ltd. to setup soluble fertilizer plant in India and capture the growing market. Another company - China XLX Fertiliser Ltd. completed phase II of water soluble fertilizers project with annual capacity of 150 thousand tons in 2015. Several such developments were witnessed post 2012.

Global Fertigation and Chemigation Market Size, By Crop Type

Worldwide fertigation and chemigation market will generate much of the revenue from its wide scale usage in field crops. The segment is expected to be valued at USD 38.9 by 2028 –registering a CAGR of 5.6% during the forecast period. Orchard plantation will register highest growth in terms of fertigation usage. While demand for fruits in increasing total orchard cultivation land has decreased especially in Europe. As such, fertigation and chemigation are expected to play a key role in overall productivity in orchard.

Global Fertigation and Chemigation Market Size, By Application

Agriculture irrigation is expected to dominate the market throughout the forecast period. Over 70% of the fertigation and chemigation market is has its application in agriculture irrigation. Greenhouse irrigation will register fastest CAGR owing to adoption of newer technologies. Fertilizer consumption in greenhouse irrigation has increased significantly.

Global Fertigation and Chemigation Market Size, By Irrigation Systems

By irrigation systems, drip irrigation systems will dominate the fertigation and chemigation market size. Netafim and Jain Irrigation Systems are the major players supplying drip irrigation systems worldwide. As per the estimates drip irrigation and related pipes account for nearly 75% of total Jain Irrigation Systems revenue. Depleting water table, increased urbanization and rise in food demand will fuel the overall demand for drip irrigation.

Global Fertigation and Chemigation Market Size and Forecast: Regional Analysis

Exhibit 2:

Western Europe is expected to dominate the global fertigation and chemigation market size. This is primarily attributed to wide scale adoption of newer technologies and efficient irrigation system placed across farms.

Asia Pacific holds high addressable market opportunity. It was valued at USD 8.1 billion in 2017 and will register fastest CAGR during the forecast period. The region will take over North America by 2020 and Western Europe by 2022 – to become market leader post 2022. Much of the growth is expected to be from China registering a CAGR of 11.6% during the forecast period. This is, however, comparatively lower compared to its historical CAGR of 12.5% (2013-2017). The region is highly competitive wherein industry giants face pricing competitiveness from local vendors. As such, the leading companies are focusing on building direct sales presence and plant expansion in China, India and ASEAN. For instance, Israel based drip irrigation system manufacturer – Netafim – opened its first production plan in in China in 2016. The company has invested over USD 5.5 Million in Chinese plant considering future expansion.

Global Fertigation and Chemigation Market Size and Forecast: Competition Landscape

Some of the key Fertigation and Chemigation market industry players are Jain Irrigation Systems Ltd. (India), The Toro Company (U.S.), Rivulis Irrigation (Israel), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), EPC Industrie Limited (India), T-L Irrigation Co. (U.S.), Nelson Irrigation Corporation (U.S.), Rain Bird Corporation (U.S.) and Netafim (Israel).

Fertigation and Chemigation Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Fertigation and Chemigation Market Value
    • Overall Market Forecast
    • Fertigation and Chemigation Growth Outlook, By Segments
    • Fertigation and Chemigation Growth Scenario, by Region
  6. The Fertigation and Chemigation Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain and Distribution Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Fertigation and Chemigation Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Regulatory Compliances, By Selected Countries
    • Key Industry Developments
  8. The Fertigation and Chemigation Market Pricing Analysis
    • Fertigation and Chemigation Product Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Fertigation and Chemigation Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Fertigation and Chemigation Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Fertigation and Chemigation Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Fertigation and Chemigation Industry Size and Forecast, By Segments
    • By Agri Type
      • Fertilizers
      • Herbicides
      • Insecticides
      • Fungicides
      • Others
    • By Crop Type
      • Field Crops
      • Orchard Crops
      • Plantation Crops
      • Others
    • By Application
      • Agriculture
      • Greenhouse Irrigation
      • Landscape Irrigation
    • By System
      • Drip Irrigation
      • Sprinkler Irrigation
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of TOC)
    • S. Fertigation and Chemigation Market Size and Forecast, By Segments
    • Canada Fertigation and Chemigation Market Size and Forecast, By Segments
  2. Latin America Fertigation and Chemigation Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Fertigation and Chemigation Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Fertigation and Chemigation industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Fertigation and Chemigation Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Fertigation and Chemigation Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Fertigation and Chemigation industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Fertigation and Chemigation Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of Fertigation and Chemigation Market TOC)
    • Russia Fertigation and Chemigation Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Fertigation and Chemigation industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Fertigation and Chemigation Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Fertigation and Chemigation Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Fertigation and Chemigation industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Fertigation and Chemigation Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Fertigation and Chemigation Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Fertigation and Chemigation Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Fertigation and Chemigation Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Fertigation and Chemigation industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Fertigation and Chemigation Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Fertigation and Chemigation Industry Size and Forecast, (2017-2027)
    • Africa Fertigation and Chemigation Industry Share (%)
    • Africa Fertigation and Chemigation Industry Growth Forecast (%)
    • South Africa Fertigation and Chemigation Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Fertigation and Chemigation industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Fertigation and Chemigation Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • Netafim,
      • Jain Irrigation Systems Ltd.,
      • Lindsay Corporation,
      • T-L Irrigation Co.
      • The Toro Company,
      • EPC Industrie Limited,
      • Valmont Industries Inc.,
      • Rain Bird Corporation,
      • Rivulis Irrigation,
      • Nelson Irrigation Corporation,
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Fertigation and Chemigation industry TOC and sample research pages, download sample.

 

What Will You Discover in the Report?

  • An in-depth analysis of the Fertigation and Chemigation market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Fertigation and Chemigation market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Fertigation and Chemigation market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Fertigation and Chemigation industry during the forecast period
  • Who are the Fertigation and Chemigation industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Fertigation and Chemigation Industry Suppliers
  • Fertigation and Chemigation Industry Manufacturers
  • Consultants and Analysts
  • Researchers
  • Healthcare Specialists

Analyst access with Bekryl Market Analysts

Purchasing of Fertigation and Chemigation market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Fertigation and Chemigation Market Report Structure

Fertigation and Chemigation Industry Dynamics

This section enables Fertigation and Chemigation industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Fertigation and Chemigation market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Fertigation and Chemigation industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Fertigation and Chemigation Industry Trends
  • Fertigation and Chemigation Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Fertigation and Chemigation Industry Experts Market Opinion

 

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Fertigation and Chemigation industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

 

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Fertigation and Chemigation industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Fertigation and Chemigation market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

 

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Fertigation and Chemigation Market Size

  • S.
  • Canada

Latin America Fertigation and Chemigation Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Fertigation and Chemigation Market value analyzed across each Latin America country)

Western Europe Fertigation and Chemigation Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Fertigation and Chemigation Market value analyzed across each Western Europe country)

Central and Eastern Europe Fertigation and Chemigation Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Fertigation and Chemigation Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Fertigation and Chemigation Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Fertigation and Chemigation Market value analyzed across each Asia Pacific country)

Middle East Fertigation and Chemigation Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Fertigation and Chemigation Market value analyzed across each Middle East country)

Africa Fertigation and Chemigation Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Fertigation and Chemigation Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

 

Fertigation and Chemigation Market Growth Forecasting Methodology

In order to prepare historical data and analyze Fertigation and Chemigation market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Fertigation and Chemigation market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Fertigation and Chemigation industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Fertigation and Chemigation industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

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