Market overview
The international fertigation market is speculated to witness growth at a CAGR of 8.1 percent. This growth rate is expected to occur during the forecasted period from 2019 to 2024. In this duration, the market size is expected to reach 9.08 billion USD. This is basically a way of providing fertilizer along water using an irrigation system. It also lets proper passage of nutrients as the plant needs. Playing such a major role is one of the prime reasons behind the growing demand of the market.
There are many domains where Fertigation has a significant market. To be specific, this is highly used in horticulture. In a scenario of extensive agriculture, the market seems absolutely promising. At the same time, smart landscaping is one of the prime reasons for the growth of the market. Fertigation is known for its greater efficacy in improving the ability of fertilizers. As the rate of nutrient absorption grows, it has become one of the hugely demanded products.
Segmentation
The international Fertigation Market can be segmented on the basis of irrigation type, crop, and region.
On the basis of irrigation type, the global fertigation market can be again divided in to, as drip, sprinklers, and others.
On the basis of crop, the global fertigation market is again segmented into bifurcated, into crops, horticultural crops, plantation crops, turf & ornamental crops, and others.
Apart from all these, the global fertigation market can be divided on the basis of regions. Basically, it is divided into four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
Key Players
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