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(MoneyNewsWire.Net, August 30, 2017 ) The Middle East and Africa Fertigation and Chemigation market is estimated to reach USD 4.54 billion by 2021 from a market value of USD 3.30 billion in 2016 at a CAGR of 6.57%. The Fertigation & Chemigation market is forecasted to show evident potential in the mentioned period.
The market continues to build momentum with the rise in 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 been taking interest in the fertigation and chemigations market recently and the trend is expected to follow.
Fertigation and Chemigation market has shown popularity as a result of the high crop productivity, rising water scarcity and less labour intensive. It basically involves various types of irrigation techniques like sprinkler irrigation and drip irrigation. Fertigation and Chemigation techniques are generally used for improving quality of crop and its yield.
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The rising population with their demand for better quality and quantity of crops has led to the `market to show huge growth lately. Other important factors responsible in driving the market include high efficiency of nutrient utilization, better growth, yield & quality of cops, minimal nutrient leaching losses. Apart from these factors, the market has also faced few restraints. Some of the key ones include high initial investments and critical nutrient application doses. The market also faced a challenge of improvement in efficiency. These factors have been hindering the growth of the market over the years.
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The Middle East & Africa Fertigation & Chemigation market is segmented based on agri input, application, and crop type and irrigation systems. On the basis of Agri inputs the segments include Insecticides, Fertilizers, Herbicides, Fungicides and Others. In segmentation by crop type the segments include Field Crops, Orchard Crops, Plantation Crop and Forage & Turf Grasses. Based on application the market has been segmented into Agricultural Irrigation, Greenhouse Irrigation, and Landscape Irrigation and based on irrigation systems the market is segmented under drip and sprinkler irrigation. In their respective segmentation, the segments leading the market shares are fertilizers, field crops, greenhouse irrigation and drip irrigation. On the basis of geographical analysis, the Middle East & Africa market is segmented under various regions namely Middle East & Africa.
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Some of the major companies dominating the market, by their products and services include Jain Irrigation Systems Ltd., The Toro Company, Lindsay Corporation, Rain Bird Corporation, Valmont Industries Inc., EPC Industrie Limited, Nelson Irrigation Corporation, Netafim, T-L Irrigation Co, Rivulis Irrigation.
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