The fertigation and chemigation market will reach USD 21,434.8 million by 2030, propelling at a rate of 6.7% during the forecast period as per a report by a market research firm, P&S Intelligence. 

With over 70% share, drip irrigation systems dominated the industry, and it will remain on the top during the forecast period as well. This is the most-effective technique of fertigation as it requires less manpower, compared to sprinklers and other irrigation methods, reducing the overall cost of crop production.   

The trend in the fertigation and chemigation market is the incorporation of wireless technology in irrigation systems. Industry players are producing affordable sensors as this technology helps farmers who are not able to afford the standard irrigation system sensors. 

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In recent years, fertilizers had the largest revenue share, and it is projected to grow at a rate of approximately 7% during 2022–2030. This can be credited to the existence of limited farming land, and the significant usage of fertilizers to produce more crops, mainly in the Asian region.  

In the years to come, vegetables will witness the fastest growth, propelling at a rate of approximately 7%. The chemical penetration is high in vegetables as they required more pesticides than fertilizers. 

These new methods for nutrient and fertilization supply require less labor and water compared to the conventional methods. Therefore, these methods offer a tremendous possibility to reduce pollution and maximize crop yield, by reducing fertilizer application, improving return on investment on fertilizer, and increasing fertilizer effectiveness.

Europe will remain the largest industry. This is credited to the rising population and its requirement for high-quality yields and the growing awareness and budding adoption of these irrigation methods.

Due to the increasing population across the world, rising food demand, risk of water scarcity, and mounting usage of fertilizers, the fertigation and chemigation industry will continue to grow in the years to come.