Axiom MRC estimated and projected the volume of consumption of various Foliar Fertilizers in terms of Kilo tons (KT) and revenue generated in terms of USD million across the countries of North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Description: Foliar mode is method of application of fertilizers on plants. In foliar mode, fertilizers are applied on the leaves of crops or plants. This method helps plants to absorb the nutrients through their leaves stomata and epidermis. The foliar fertilizers are water soluble fertilizer or liquid form fertilizers. Spraying of fertilizers on leaves is most effective method to improve agricultural yield and crop conditions. The various scientific tests have shown that application of fertilizers through leaves has increased the yields up to 25%.
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Key driving factors of the market: