Latest Regulatory Trends Impacting the Snack Pellet Equipment Market

The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market.

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By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019.

On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. This, in turn, is projected to drive the growth of the snack pellet equipment market.

The snack pellet equipment market is projected to witness strong growth due to the increasing advancements in equipment and technologies.

Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.

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North America is estimated to dominate the snack pellet equipment market in 2019.

North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India).

Upcoming Growth Trends in the Frozen Foods Market

The global frozen foods market is estimated at USD 284.2 billion in 2023 and is projected to reach USD 363.7 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. The primary key factor contributing to the growing demand for frozen foods is convenience. In today's fast-paced world, consumers are constantly seeking time-saving solutions that fit their busy lifestyles. Frozen foods offer a hassle-free way to put meals on the table without the lengthy preparation associated with fresh ingredients. This convenience factor resonates with a wide spectrum of consumers, from working professionals and busy families to students and seniors. Frozen foods provide a quick and efficient means of meal preparation, allowing individuals to enjoy a wide variety of options without sacrificing taste or nutritional value. The ease of storage and longer shelf life compared to fresh foods further enhances their appeal. As a result, the convenience factor remains the driving force behind the sustained and growing demand for frozen foods in the market.

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The online distribution channel segment is expected to grow at the highest CAGR during the forecast period.

The online distribution channel is experiencing the fastest growth in the frozen foods market due to several significant factors. Firstly, the rise of e-commerce has transformed the way consumers shop for groceries. Online platforms offer a convenient and accessible way to browse and purchase frozen food products from the comfort of one's home, eliminating the need for physical store visits. Secondly, the COVID-19 pandemic accelerated the adoption of online grocery shopping, with consumers prioritizing safety and social distancing. Many people who had not previously used online grocery services became accustomed to the convenience, and this shift in behavior has persisted. Thirdly, online platforms provide a wider variety of frozen food options, including niche and specialty products, which may not be readily available in brick-and-mortar stores. This expanded selection caters to diverse consumer preferences and dietary needs, further driving online sales. Moreover, the ability to read product reviews, compare prices, and access personalized recommendations online enhances the overall shopping experience, making it more appealing to consumers.

By consumption, food service holds the largest in the frozen foods market in 2023.

The substantial presence of the food service sector in the frozen foods market can be attributed to several compelling factors. To begin with, the food service industry, encompassing restaurants, hotels, cafeterias, and catering services, heavily depends on the convenience and adaptability offered by frozen food ingredients. Frozen foods ensure a uniform level of quality and enable precise portion control, enabling food service establishments to optimize their operations while delivering consistently delicious meals to their patrons. Furthermore, frozen foods play a pivotal role in curbing food wastage within the food service sector. They boast extended shelf lives in comparison to fresh ingredients, reducing the chances of spoilage and financial losses, a critical consideration in a fast-paced, high-volume industry. Moreover, the extensive array of frozen food choices, spanning appetizers, side dishes, main courses, and desserts, grants food service operators the flexibility needed to cater to a diverse array of customer tastes and dietary needs.

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Germany is expected to account for the largest market share in 2023.

Germany is poised to dominate the frozen foods market for several compelling reasons. The nation's strong economy and high levels of consumer purchasing power make it an attractive hub for frozen foods. Additionally, Germany's shifting demographics, characterized by a growing number of working professionals and single-person households, fuel the demand for convenient meal solutions. Frozen foods are well-aligned with these changing consumer preferences, offering quick and effortless preparation options. Furthermore, Germany places a significant emphasis on food safety and quality, and frozen foods are perceived as a secure and dependable choice. This trust in the quality and safety of frozen products further solidifies their dominance in the market. Alongside, the German market has experienced a surge in health-conscious consumers seeking frozen fruits, vegetables, and other healthier alternatives. This health-oriented trend has propelled the growth of the frozen foods market, especially within the healthier product segments. Germany is in the final stages of developing its National Nutrition Strategy, which includes a significant focus on promoting a shift towards plant-based foods within its food system. This shift aims to enhance the overall health of the population while also reducing the environmental impact on the climate. As part of this strategy, Germany has set ambitious goals to be achieved by 2030, including the aim to source 30 percent of its agricultural products from organic farming practices. Additionally, the country intends to cut food waste by 50 percent across all sectors. This aligns with Germany's commitment to healthier and more sustainable food choices, making it a key driver for the growth of the frozen foods market, particularly in healthier segments like frozen fruits and vegetables.

Major players operating in the frozen foods market are General Mills Inc. (US), Nestlé (Switzerland), Unilever (Netherlands), McCain Foods Limited (Canada), Conagra Brands, Inc (US), Kellogg's Company (US), Grupo Bimbo (Mexico), and The Kraft Heinz Company (US).

Food Pathogen Safety Testing Equipment and Supplies Market to Showcase Continued Growth in the Coming Years

The food pathogen safety testing equipment and supplies market is estimated to be valued at USD 7.4 billion in 2023 and is projected to reach USD 10.4 billion by 2028, at a CAGR of 7.1% from 2023 to 2028. The food pathogen safety testing equipment and supplies market is experiencing significant global growth due to growing concerns about food safety and its impact on consumer health. Stricter regulations and high-profile foodborne illness outbreaks have increased public awareness, driving the demand for advanced testing solutions. The European region's food industry, known for its strict food safety regulations, demands robust testing procedures to maintain the integrity of its food supply chain. As the food industry expands, the risk of contamination increases, prompting food manufacturers and suppliers to invest in advanced testing technologies. Advancements in testing technology, such as PCR and NGS, have revolutionized the field of food pathogen safety testing, enabling rapid and accurate detection of pathogens. Consumer awareness and demand for safe food products are driving market growth in Europe, with consumers willing to pay a premium for products with higher safety standards. Supportive government initiatives, financial backing, and infrastructure upgrades encourage businesses to adopt modern testing methodologies, leading to market expansion.

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Based on food tested, the meat & poultry sub-segment is estimated to account for the largest market share of the food pathogen safety testing equipment and supplies market.

The meat & poultry segment has established its dominance in the food pathogen safety testing equipment and supplies market. This prominent position can be attributed to the unique characteristics of meat and poultry products, which make them highly susceptible to pathogen contamination. Their high protein content and moisture levels create an optimal environment for microbial growth, necessitating stringent testing measures to ensure consumer safety.

Due to the significant contribution of meat and poultry to the global food industry and the substantial consumption volumes, the demand for specialized equipment and supplies for pathogen testing remains consistently high. Stringent food safety regulations and the increasing focus of consumers on the quality and safety of food products further bolster the need for thorough testing in this segment. Regular pathogen testing not only prevents potential outbreaks and foodborne illnesses but also protects the reputation of food producers and maintains consumer confidence in the safety of meat and poultry products.

Based on site, the outsourcing facilities sub-segment is anticipated to dominate as well as grow at the highest CAGR in the food pathogen safety testing equipment and supplies market.

Food producers are increasingly requesting rapid testing technology to speed up results and speed up supply chain operations. Additionally, compared to conventional technology, quick procedures have improved accuracy, sensitivity, and the capacity to test a wide range of pollutants while concurrently generating accurate results. For instance, a new technology that can create and instantly dispense culture media for use in microbiological food testing was introduced by Millipore Sigma, a US, and Canadian-based Life Science business unit of the chemical corporation Merck KGaA, in April 2022. The newly developed technology, known as the ReadyStream system, offers producers increased testing effectiveness and does away with the standard microbiological testing process' five steps.

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Asia Pacific is estimated to grow at the highest CAGR in the food pathogen safety testing equipment and supplies market.

With the region’s vast population, rapid urbanization, and increasing disposable incomes, there is a growing demand for safe and high-quality food products, prompting the food industry to invest in advanced pathogen safety testing equipment to comply with stringent regulations and ensure consumer trust. Additionally, Asia Pacific countries have been actively working to strengthen their food safety standards, fostering the adoption of advanced testing technologies. The thriving food and beverage industry in the region further fuels the demand for efficient testing methods to monitor and control potential contaminants. Technological advancements and international collaborations have also facilitated the development and dissemination of innovative and cost-effective testing solutions in the region.

Sustainable Growth Opportunities in the Controlled-release Fertilizers Market

The global Controlled-release fertilizers market is projected to reach USD 2.9 billion by 2028 from USD 2.2 billion by 2023, at a CAGR of 5.9% during the forecast period in terms of value. The controlled-release fertilizers market has witnessed significant growth and established its dominance in the global agriculture industry. According to the World Bank Report 2023, approximately 9.2% of the world’s population faced hunger in 2022, compared with 7.9% in 2019. The rising levels of hunger and food insecurity highlight the urgent need to increase agricultural productivity to ensure food availability. Thus, the increasing demand for enhanced agricultural output while reducing environmental effects is one of the main driving factors. These fertilizers deliver nutrients gradually, enhancing plant absorption while lowering leaching and runoff, which helps reduce water pollution. Furthermore, the use of controlled-release fertilizers is accelerated by the push for sustainable agricultural practices, which are complementary to their advantages.

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Opportunities: Crop-specific nutrient management through precision farming practices

Crop-specific nutrient management through precision farming practices presents significant opportunities for the controlled-release fertilizers market. Precision farming, which involves using technology to tailor agricultural practices to the specific needs of different crops, synergized with controlled-release fertilizers to enhance efficiency, productivity, and sustainability in agricultural operations.

Precision farming allows for the fine-tuning of nutrient requirements for different crops. Controlled-release fertilizers can be formulated to release nutrients in accordance with specific crop growth stages, ensuring optimal nutrient availability when needed most. Precision farming minimizes over-fertilization by applying nutrients only where and when needed. Controlled-release fertilizers further reduce wastage by delivering nutrients gradually and minimizing runoff.

Nitrogen Stabilizers is one of the Controlled-Release Fertilizer Types Which Accounted Second Highest Market Share in 2022

Nitrogen stabilizers are gaining popularity in the agricultural market due to their ability to improve nitrogen use efficiency and reduce nitrogen losses to the environment. Nitrogen is a vital nutrient for plant growth, but it can be easily lost from the soil through processes like leaching (movement of nutrients with water through the soil profile) and denitrification (conversion of nitrate into gaseous forms). Nitrogen stabilizers are additives that can be combined with traditional fertilizers to slow down the conversion of ammonium-based fertilizers into nitrates, thus reducing nitrogen losses.

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China is one of the Largest Growing Markets for Controlled-Release Fertilizers in Asia Pacific

China is one of the most populated nations in the world due to its enormous population. Due to the large consumer base, there is a strong increasing demand for food and with a large population to feed and limited arable land, necessitates high agricultural productivity. To achieve this, there's a growing emphasis on optimizing nutrient management to enhance crop yields. According to the China Briefing news, China's median disposable income per capita reached RMB 31,370 in 2022, a year-year-on-year increase of 4.7 percent. Thus, as income levels rise in China, there is a shift in dietary preferences toward higher-quality foods, including fruits, vegetables, and protein-rich products. This demand for quality necessitates better nutrient management and higher crop yields, which controlled-release fertilizers can provide. For example, in China, CRF was classified as one of the encouraged items in the guiding catalog of Industrial Infrastructure Adjustment (2011 edition), indicating that its development should be accelerated during China’s 13th five-year plan from 2016 to 2020. This plan calls for a reduction in the use of pesticides and fertilizers and the implementation of water and food control and safety management. Over the last 15 years, the use of CRF has grown at a rate of 5.7% in the country. These government policies and well-defined regulations serve as boosting factors for the global growth of this market.

The key players in this market include Yara (Norway), Nutrien Ltd. (Canada), Mosaic (US), ICL (Israel), Nufarm (Australia), Kingenta (China), ScottsMiracle-Gro (US), Koch Industries (US), Helena Chemicals (US), and SQM (Chile).

Latest Regulatory Trends Impacting the Animal Disinfectants Market

The animal disinfectants market is projected to reach USD 4.9 billion by 2028 from USD 3.4 billion by 2023, at a CAGR of 7.7% during the forecast period in terms of value. The global demand for animal disinfectants is on the rise due to several factors. Increased focus on biosecurity measures to prevent the transmission of diseases among animals, particularly in livestock and poultry farming, has contributed to the heightened demand. Additionally, the persistent threat of zoonotic diseases has further emphasized the need for effective disinfection. As a result, the global market for animal disinfectants has experienced significant growth to meet these evolving demands.

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By type, Iodine is anticipated to have the fastest growth rate during the forecast period.

Iodophors are disinfectants formed by the combination of iodine and various other carrier compounds, as well as stabilizing agents such as Globaline, which is composed of tetraglycine hydroperiodide, sodium acid pyrophosphate, and talc. These helps release iodine in an acid medium and have disinfectant properties, which affect bacteria, viruses, and some spores. Iodophors are generally used for disinfection & cleaning, bovine teat dips, and surgical scrubs. Hard water and the presence of a large amount of organic material reduce the activity of iodophors. However, iodophor disinfectants function effectively in the presence of traces of organic materials.

By application, the dairy cleaning segment is projected to dominate the market during the forecast period.

The cleaning of dairy cattle involves removing equipment and bedding before cleaning. The nature of the surfaces will influence the disinfection process. Rough and porous surfaces are difficult to disinfect in comparison to smooth surfaces. Both the milking parlor and milk toxin-producing machines must be cleaned daily. The milking machines, including the teat dips and milk tongs, are among the major sources of infection and can have an adverse impact on the health of the livestock. Therefore, these disinfectants can be applied to various areas, including milking parlors, holding pens, feeding areas, equipment like milking machines and others to thoroughly sanitize and eliminate the potential sources of contamination. Also, the regular utilization of animal disinfectants in dairy cleansing helps to create a healthier and more productive environment for both animals and dairy workers, thereby promoting the overall well-being and efficiency of the dairy operation.

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Europe is expected to lead the animal disinfectants market with the highest market value during the forecast period.

Europe is one of the leading per capita consumers of chemicals and is a key market for animal disinfectants. There has been a significant utilization of animal disinfectants for farm animals in the region to reduce animal diseases. Regulatory requirements and standards regarding animal health and welfare are becoming more stringent in Europe. Compliance with these regulations necessitates the use of effective disinfection protocols. As a result, farmers and animal care facilities are seeking reliable and approved animal disinfectants to ensure they meet the required hygiene standards. This has contributed to the rising demand for such products in the European market. The region also has a significant livestock population that includes poultry, cattle, swine, and others. The concentration of livestock in the region, both in terms of commercial farming and smaller-scale operations, creates a substantial market for animal disinfectants to preserve the health and hygiene of the animals.

The key players of the market include Neogen Corporation (US), GEA Group (Germany), Lanxess (Germany), Zoetis (US), Solvay Group (Belgium), Kersia Group (France), Stockmeier Group (Germany), Ecolab (US), Albert Kerbel GMBH (Germany), PCC Group (Germany), G Sheperdanimal Health (UK), Sanosil Ag (Switzerland), Delaval Inc (Sweden), Diversey Holdings Ltd (US), Fink Tech Gmbh (Germany).

Food Coating Market: Growth Opportunities and Recent Developments

The food coating ingredients market is estimated at USD 3.6 billion in 2023 and is projected to reach USD 4.9 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. The food coating equipment market is estimated at USD 5.7 billion in 2023 and is projected to reach USD 7.7 billion by 2028, at a CAGR of 6.3% from 2023 to 2028. Food coating refers to the process of adding a layer of coating or breading to food products, which can provide improved texture, taste, appearance, and preservation. The market for food coating is driven by several factors, including the growing demand for convenience and processed food products, increasing consumer preferences for crispy and crunchy food textures, and the need for extended shelf life of packaged food. The demand for convenience food products, such as frozen and ready-to-eat meals, has been on the rise. Food coatings are used to enhance the taste and texture of these products, thereby driving the market growth. The food coating equipment market is steadily increasing in North America and Europe and growing consistently due to established equipment manufacturers and the organized food industry.

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Based on Application, the meat & seafood products sub segment of the food coating ingredient market is anticipated to dominate the market.

Commonly used ingredient for the coating of meat & seafood products is flour, which helps to provide appealing colors and flavors. Different coatings are applied to the surface of meat loaves, sausages, and other meat food products. Both fresh and frozen types of meat, when subjected to extended storage, lose substantial water due to evaporation. It is desirable to have the meatloaves coated as the coating lends protection to the product and gives it more appealing organoleptic characteristics.

Based on application, the confectionery products is projected to witness the highest CAGR in food coating equipment market during the forecast period.

There has been a rising demand for confectionery products in the European region, which presents a mature market for the confectionery industry. Hence, this region is expected to show slow growth as compared to other regions. Confectionery is generally high in calories and carbohydrates but poor in micronutrients. Industry statistics show that, in terms of sales generated, the Western European region dominated the worldwide confectionery sector. Better-for-you products have become more popular as a response to health issues. The clean label movement has impacted the confectionery market because of the demand for colors that are derived naturally. Many food firms announced plans to reformulate their products to swap out artificial additives and streamline ingredient lists to meet this growing demand. Few companies have made acquisitions, with companies having a strong bakery processing equipment portfolio to enhance their product as well. Gea Group (Germany) has firmly moved into the bakery sector with the acquisition of Comas and Imaforni, the leading suppliers of demanding industrial processing equipment and solutions for the cakes, pies, cookies and biscuits, crackers, and snacks industry.

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The Asia Pacific market is projected to dominate the food coating equipment market.

The region’s growing demand for processed food, improved manufacturing industry growth over the past decade, and advancements in the food industry have provided new opportunities for the food coating ingredients market. An increase in processed and convenience food production and innovations in segments such as meat, snacks, and bakery & confectionery products drive the demand for coating ingredients in the Asia Pacific region. China and India are set to experience continual demand during the forecast period. Many global companies are focusing on these emerging markets and are increasing their footprint by setting up manufacturing facilities, distribution centers, and R&D centers. India is projected to be the fastest-growing market in the region as there are many investments being made by several multinational corporations due to favorable support of the government and low labor cost. The Asia Pacific food & beverage industry is greatly influenced by rising consumer preference for conscious food habits, the growing trend toward natural & organic foods, and the increasing demand for convenience food products. With emerging economies, growing industrialization, increasing demand for processed foods, and consumer preference for quality products, ingredient suppliers are optimistic about the growth of the food & beverage industry. These trends and preferences have associated with the increasing consumption of coated food products.

Archer Daniels Midland (US),Kerry Group (Ireland), Cargill (US), Ingredion Incorporated (US), and DSM (The Netherland) are among the key players in the global food coating market. To increase their company's revenues and market shares, companies are focusing on launching new products, developing partnerships, and expanding their production facilities. The key strategies used by companies in the food coating market include geographical expansion to tap the potential of emerging economies, strategic acquisitions to gain a foothold over the extensive supply chain, and new product launches as a result of extensive research and development (R&D) initiatives.

Foliar Spray Market to Showcase Continued Growth in the Coming Years

The global foliar spray market will grow from USD 7.3 billion in 2023 to USD 9.6 billion by 2028, growing at a CAGR of 5.5% during the forecast period. Foliar spray is becoming increasingly popular in the agricultural industry due to its numerous advantages over traditional soil-based fertilization methods. One of the main drivers of the foliar spray market growth is the increasing demand for food due to the rising global population. The foliar spray technique is a highly effective way to increase crop yields, as it allows for the precise application of nutrients and pesticides directly to the plant's leaves. In addition to its effectiveness, foliar spray is also more environmentally friendly than traditional soil-based fertilization methods. Because it allows for more precise application of nutrients and pesticides, there is less waste and runoff, which reduces the risk of pollution and environmental damage.

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Based on Application, the horticultural crops segment is estimated to account for the highest growth of the foliar spray market

Foliar sprays are a common technique used in horticultural crops for various purposes such as nutrient management, disease management, and growth promotion. Foliar sprays are used to supplement nutrients in crops that are deficient. This is particularly useful in situations where soil nutrient levels are low, and plant growth is limited. It provides a quick and efficient method of delivering nutrients directly to the plant, resulting in rapid uptake and utilization. Foliar sprays are also used as part of an integrated pest management (IPM) program to reduce pest populations and prevent the development of resistance to pesticides. Foliar sprays are used to promote growth and development in horticultural crops. Growth regulators such as cytokinins and gibberellins are also applied as foliar sprays to stimulate plant growth, increase fruit size, and improve crop yields.

Based on Form, the Liquid segment is estimated to account for the highest growth of the foliar spray market

A liquid foliar spray is a method of applying liquid fertilizer or other nutrients to the leaves of plants. This technique is used in agriculture to increase crop yields and improve plant health. One of the key drivers of growth of liquid foliar spray is the increasing demand for high-quality crops that are more resistant to disease and pests. Liquid foliar sprays provide plants with essential nutrients and trace elements that help improve their health and increase their resistance to disease and pests. The growing trend towards organic farming and sustainable agriculture is also driving the growth of the liquid foliar spray market, as these products are seen as a more environmentally friendly and sustainable alternative to traditional chemical fertilizers.

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North America region is witnessing the growth in the foliar spray market due to increasing demand for high-value crops

The demand for high-value crops such as fruits, vegetables, and ornamental plants is increasing in North America, which has led to the adoption of advanced farming techniques such as foliar spraying. Foliar sprays help improve the yield and quality of these crops, leading to higher profits for farmers. As more farmers learn about the benefits of foliar spraying, the demand for these products is increasing. Foliar sprays help improve crop health, increase yields, and reduce the need for other inputs such as fertilizers and pesticides. As a result, more farmers are adopting foliar spraying as part of their overall crop management strategy. Precision agriculture is an approach to farming that uses technology such as GPS and sensors to optimize crop production. Foliar spraying is an important part of precision agriculture, as it allows farmers to target specific areas of their fields with the nutrients or pesticides they need. As precision agriculture becomes more widespread, the demand for foliar sprays is increasing. 

The key players in foliar spray market include Eurochem Group (Switzerland), Nutrien Ltd. (Canada), Yara (Norway), Israel Chemical Limited (Israel), Coromandel International Limited (India) and The Mosaic Company (US).