Global Fertigation & Chemigation Market Size By Type (Fertilizer, Herbicide), By Application (Agricultural, Landscape), By Region, And Segment Forecasts, 2023 to 2032

The Global Fertigation & Chemigation Market was valued at USD 9.8 billion in 2023 and is expected to reach USD 16.5 billion by 2031, registering a CAGR of 6.7% during the forecast period (2023-2031). Fertigation and chemigation involve the application of fertilizers, chemicals, or other water-soluble products through irrigation systems, enhancing nutrient absorption and improving crop yield. The rising demand for efficient irrigation techniques, growing population, and increasing awareness of sustainable farming practices are key drivers of market growth.

Drivers

Growing Demand for Efficient Irrigation Systems: Increasing water scarcity and the need for efficient resource utilization are driving the adoption of fertigation and chemigation systems.

Advancement in Agriculture Technology: Technological developments such as precision farming and IoT-based irrigation systems are boosting the adoption of fertigation techniques.

Sustainability Focus in Agriculture: A shift toward eco-friendly farming methods to reduce environmental impact is driving market growth.

Restraints

High Initial Costs: The cost of installation and maintenance of advanced fertigation systems can be prohibitive for small and medium-scale farmers.

Risk of Over-Application: Incorrect use of fertigation and chemigation systems can lead to nutrient leaching and environmental concerns.

Opportunity

Emerging Markets: Expanding agricultural activities in regions like Asia-Pacific and Africa present significant growth opportunities for the market.

Integration with Smart Irrigation Technologies: Combining fertigation systems with AI and IoT technologies offers improved monitoring and efficiency, driving market innovation.

Market by System Type Insights

The Drip Irrigation Systems segment is expected to dominate the market, driven by its ability to deliver nutrients and water directly to the plant roots, reducing wastage and improving efficiency.

Sprinkler Irrigation Systems are also witnessing significant growth due to their suitability for a wide range of crops and adaptability to uneven terrains.

Market by End-Use Insights

Commercial Agriculture is the largest segment, accounting for over 60% of market share in 2023. The rising demand for high-yield crops to feed the growing population is propelling this segment.

Horticulture and Plantation Crops are emerging as key segments due to the increasing adoption of fertigation for fruits and vegetables.

Market by Regional Insights

North America leads the market, with strong adoption of advanced agricultural practices and supportive government initiatives.

Asia-Pacific is expected to experience the highest growth, driven by increasing investments in modern agriculture and the presence of large-scale agricultural activities in countries like India and China.

Competitive Scenario

Key players include Netafim Ltd., Jain Irrigation Systems Ltd., Lindsay Corporation, The Toro Company, Valmont Industries, Inc., Rain Bird Corporation, and Rivulis Irrigation Ltd. These companies are focusing on technological advancements, strategic collaborations, and expanding their global footprint.

Notable Developments:

2023: Netafim introduced an IoT-based fertigation system for precision agriculture, enhancing nutrient delivery efficiency.

2024: Lindsay Corporation expanded its product portfolio by integrating AI-powered monitoring solutions in fertigation systems.

Scope of Work – Global Fertigation & Chemigation Market