Fertigation and Chemigation Market by Type and Geography - Forecast and Analysis 2022-2026

The fertigation and chemigation market share is expected to increase by USD 14.49 million from 2021 to 2026, at a CAGR of 5.94%.

This fertigation and chemigation market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers fertigation and chemigation market segmentation by type (drip and sprinkler) and geography (Europe, APAC, North America, South America, and Middle East and Africa). The fertigation and chemigation market report also offer information on several market vendors, including AGnVET Services, Agri-Inject Inc., AquFlow, Bluelab Corp Ltd., Finolex Plasson, Galcon Bakarim Agricultural Cooperative Society Ltd., Hunter Industries Inc, General Treatment Products, Inc., Greentech India, Haifa Group, INJECT-O-METER, Jain Irrigation Systems Ltd., Lindsay Corp., Mahindra and Mahindra Ltd., Nelson Irrigation Corp., Netafim Ltd., Rivulis Irrigation Ltd., T L Irrigation Co., The Toro Co., and Valmont Industries Inc. among others.

What will the Fertigation and Chemigation Market Size be During the Forecast Period?

Download Report Sample to Unlock the Fertigation and Chemigation Market Size for the Forecast Period and Other Important Statistics

 

Fertigation and Chemigation Market: Key Drivers, Trends, and Challenges

The high adoption of precision irrigation is notably driving the fertigation and chemigation market growth, although factors such as high initial cost and maintenance cost may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the fertigation and chemigation industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Fertigation and Chemigation Market Driver

The high adoption of precision irrigation is one of the drivers supporting the fertigation and chemigation market growth. Precision irrigation is a new concept in irrigation that has been adopted in the countries such as India, the US, and China. On the other hand, the traditional methods of irrigation help farmers manage crops as a unit, usually uniformly planted, fertilized, and irrigated. The uniform application of fertilizers or water to a field does not eliminate the complication of irregularity in yield throughout the irrigated land. However, precision irrigation has the potential to optimally match the irrigation requirement to increase the use of water and economic efficiencies by either reducing the cost of inputs or increasing the yield for the same inputs. Thus, to enable precision farming, the adoption of agricultural irrigation systems will increase, which, in turn, will drive the growth of the fertigation and chemigation market during the forecast period. 

Key Fertigation and Chemigation Market Trend

Growing preference for drip irrigation systems with improved features is one of the key fertigation and chemigation market trends contributing to the market growth. Manufacturers are focusing on developing drip irrigation systems with improved features to ensure added benefits to end-users. Some manufacturers offer drip irrigation systems with automated controls by integrating sensors. Sensors in the drip irrigation systems monitor the quality of water and fertilizer absorption by plants. The use of such automated controls in drip irrigation systems helps in minimizing labor intervention and decreasing wastewater generation. Moreover, automated controls help in reducing potential human errors during irrigation. Similarly, by using timers in drip irrigation systems, operators can set the time and ensure that plants never run out of water supply. Such factors of drip irrigation will contribute to the market growth in the forecasted period.

Key Fertigation and Chemigation Market Challenge

High initial cost and maintenance cost is one of the factors hampering the fertigation and chemigation market growth. A drip irrigation system costs 20% to 100% higher than a pivot-irrigation system. A pivot-irrigation system typically costs between $800 to $1,200 per hectare. Furthermore, the installation of drip irrigation systems is difficult. End-users must ensure that the drip tapes are not damaged during the operation and must be carefully placed based on the cultivation practices. Moreover, crop rotation is difficult with drip irrigation systems due to the pre-determined row spacing. Given this, end-users need to re-arrange the drip irrigation system for crop rotation, which increases the maintenance costs of drip irrigation systems. Therefore, the high initial costs and the high maintenance costs associated with drip irrigation systems are expected to hinder the growth of the market in focus growth during the forecast period.

This fertigation and chemigation market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global fertigation and chemigation market as a part of the global fertilizers and agricultural chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the fertigation and chemigation market during the forecast period.

Who are the Major Fertigation and Chemigation Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• AGnVET Services
• Agri-Inject Inc.
• AquFlow
• Bluelab Corp Ltd.
• Finolex Plasson
• Galcon Bakarim Agricultural Cooperative Society Ltd.
• Hunter Industries Inc
• General Treatment Products, Inc.
• Greentech India
• Haifa Group
• INJECT-O-METER
• Jain Irrigation Systems Ltd.
• Lindsay Corp.
• Mahindra and Mahindra Ltd.
• Nelson Irrigation Corp.
• Netafim Ltd.
• Rivulis Irrigation Ltd.
• T L Irrigation Co.
• The Toro Co.
• Valmont Industries Inc.

 

This statistical study of the fertigation and chemigation market encompasses successful business strategies deployed by the key vendors. The fertigation and chemigation market is fragmented and the vendors are deploying growth strategies such as price, quality, brand identity, technology, and distribution channels to compete in the market.

Product Insights and News

• Haifa Group - Under the unified business segment, the company provides specialty fertilizers with a focus on plant nutrition products.
• Haifa Group - The company offers Fertigation and Chemigation that includes Haifa Cal, Haifa MAP, Haifa Micro, Haifa VitaPhos-K, Multi-K, and Poly-Feed Drip.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The fertigation and chemigation market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Fertigation and Chemigation Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the fertigation and chemigation market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Fertigation and Chemigation Market?

For more insights on the market share of various regions Request PDF Sample now!

33% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for the fertigation and chemigation market in Europe. Market growth in this region will be slower than the growth of the market in other regions.

A few end-user industries such as agriculture, are concentrating on expansions, which will increase the sales of drip irrigation systems, in turn, will facilitate the fertigation and chemigation market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the regional market. However, in Q4 2021, supply chains of drip irrigation systems were restored, owing to the initiation of large-scale vaccination drives in Europe. Furthermore, the use of remote sensing and farm management software tools and digitization in farming are expected to fuel the market's growth during the forecast period. 

What are the Revenue-generating Type Segments in the Fertigation and Chemigation Market?

To gain further insights on the market contribution of various segments Request PDF Sample

The fertigation and chemigation market share growth by the drip segment will be significant during the forecast period. For instance, NETAFIM offers online drippers with automatic flush valves. The automatic flush valves in the system optimize the performance of the drip irrigation system by decreasing maintenance and improving dripper performance. The flushing mechanism in these irrigation systems eliminates clogging and the need for end-users to periodically flush manually. Hence, the growing end-user inclination toward online drippers with improved features is expected to influence the growth of the online drip irrigation segment of the global fertigation and chemigation market in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the fertigation and chemigation market size and actionable market insights on post COVID-19 impact on each segment.

 

Fertigation and Chemigation Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 5.94%
Market growth 2022-2026	$ 14.49 million
Market structure	Fragmented
YoY growth (%)	6.69
Regional analysis	Europe, APAC, North America, South America, and Middle East and Africa
Performing market contribution	Europe at 33%
Key consumer countries	US, China, India, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	AGnVET Services, Agri-Inject Inc., AquFlow, Bluelab Corp Ltd., Finolex Plasson, Galcon Bakarim Agricultural Cooperative Society Ltd., Hunter Industries Inc, General Treatment Products, Inc., Greentech India, Haifa Group, INJECT-O-METER, Jain Irrigation Systems Ltd., Lindsay Corp., Mahindra and Mahindra Ltd., Nelson Irrigation Corp., Netafim Ltd., Rivulis Irrigation Ltd., T L Irrigation Co., The Toro Co., and Valmont Industries Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Fertigation and Chemigation Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive fertigation and chemigation market growth during the next five years
• Precise estimation of the fertigation and chemigation market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the fertigation and chemigation industry across Europe, APAC, North America, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of fertigation and chemigation market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch