Asia-Pacific Fertigation and Chemigation Market has been estimated at USD 7.48 Billion in 2021 and is projected to reach USD 10.45 Billion by 2026, at a CAGR of 6.92% during the forecast period from 2022 - 2027. The Fertigation & Chemigation market is showcasing significant potential in the mentioned period. The market has continued to build momentum with the rising demand in most of the regions around the globe and also as a result of the intensive market opportunities. Various companies in the agricultural industry have shown interest in the fertigation and chemigation market lately and the trend is expected to follow.
Fertigation and Chemigation market has managed to gain popularity due to the high crop productivity, rising water scarcity and less labour intensive. It generally involves various kinds of irrigation techniques like sprinkler irrigation and drip irrigation. Fertigation and Chemigation techniques are used for improving crop yield and have better crop quality.
Drivers and Restraints of Asia-Pacific Fertigation and Chemigation Market:
The growing population and their demand for better crop quantity and quality has resulted in the market to show huge growth recently. Other major factors responsible in driving the market include minimal nutrient leaching losses, high efficiency of nutrient utilization, better yield, growth & quality of cops. Apart from these, the market has also been facing some restraints. Some of the important ones are high initial investments and critical nutrient application doses. The market also faces a challenge of improvement in efficiency. These few factors have blocked the path of growth of the market over the years.
Asia-Pacific Fertigation and Chemigation Market – By Agri Input:
Asia-Pacific Fertigation and Chemigation Market – By Crop Type:
Asia-Pacific Fertigation and Chemigation Market – By Application:
Asia-Pacific Fertigation and Chemigation Market – By Irrigation Systems:
In their respective segmentations, the segments leading the market share are fertilizers, field crops, greenhouse irrigation and drip irrigation.
On the basis of geographical analysis, the Asia-Pacific market is segmented under various regions namely China, India, Japan, Australia and South Korea.
Some of the major companies dominating the market, by their products and services include The Toro Company, Lindsay Corporation, Jain Irrigation Systems Ltd., Valmont Industries Inc., EPC Industrie Limited, Rain Bird Corporation, Netafim, Rivulis Irrigation, Nelson Irrigation Corporation, T-L Irrigation Co.
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