synthesis for healthy growth . Moreover , the product is highly soluble , improves tolerance towards frost and non-toxic to roots .
Based on application , the market has been bifurcated into :
• Foliar
• Fertigation
Fertigation segment is anticipated to grow at the highest rate over the forecast period
Fertigation is expected to show high gains owing to less labor cost involved and high crop productivity in the process . Fertigation process ensures the even distribution of the fertilizers and reduces the losses and wastage of fertilizers as well . Moreover , rising demand for fertigation has predicted to witness high growth for low cost involvement as compared to foliar applications . Foliar segment includes fertilizer application directly to the leaves . High effectiveness coupled with improved yield is expected to drive the demand , particularly , for micronutrients . Furthermore , rising demand for exotic flowers and fruits is anticipated to fuel the growth over the forecast period .
On the basis of crop type , the market has been segmented further , and displays growth rate and market share over the forecast period ;
• Field
• Horticultural
• Plantation
• Turf
• Ornamental
Field crops segment has been expected to account for largest volume share being cultivated on a large scale to encounter global food requirements . Increasing demand for field crops including rice , wheat , oilseeds , cotton , and other grains in various countries such as the U . S ., India , China , and Brazil is expected to enhance the demand over the forecast period .
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Globally , the market has been segregated into North America , Europe , Asia Pacific , the Middle East and Africa and Latin America , market share¸ with revenue ( Billion USD ), and growth rate for the regions , from 2015 to 2025 ( forecast ).
• North America : U . S ., and Rest of North America
• Europe : France , Germany , UK , and rest of Europe
• Asia Pacific : China , India Japan , and Rest of Asia Pacific
• Middle East & Africa : South Africa , North Africa , GCC , and Rest of MEA
• Latin America : Brazil and Rest of Latin America
Europe region is predicted to grow substantially over the forecast period owing to favorable climatic conditions for crops
Asia Pacific region has been estimated to witness huge demand for water soluble fertilizers over the forecast period owing to rising agricultural output in emerging nations including India , China , Bangladesh , and Pakistan . Furthermore , rapid development of medium to small scale market participants in the region accompanied with economic growth and government support is expected to drive the market growth .
Europe is projected to be one of the largest contributors owing to the increasing use of water-soluble fertilizers through advanced agricultural techniques . Russia and Spain are predicted to be the largest country-level markets in the