The plant tissue analysis market involves products and services that aid in determining the nutrient status and deficiencies in plants. Plant tissue analysis helps farmers take corrective measures and optimise fertilizer usage.
It analyses elements like nitrogen, phosphorus, potassium, and others that are essential for Plant Tissue Analysis Market Size And Trends The technique involves collecting plant samples which are then tested in the laboratory. It gives farmers insights on soil properties and helps increase crop yields.
The global plant tissue analysis market is estimated to be valued at US$ 250.16 Mn in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the plant tissue analysis market are Anhui Jucheng Fine Chemical Co, Ltd. (CJCC), Ashland Inc., BASF SE, Kemira, SNF Group, Black Rose Industries Ltd., Shandong Polymer Bio-Chemicals Co., Ltd., Xitao Polymer Co., Ltd., ZL EOR Chemicals Ltd., and Dongying Kechuang Biochemical Industrial Co., Ltd. The rising awareness among farmers about optimizing crop nutrition is a major opportunity in the market. Many companies are focusing on expanding their presence globally, especially in developing markets in Asia Pacific and Latin America, to tap the growth opportunities.
Market Drivers
The primary driver boosting the Plant Tissue Analysis Market Size for improving crop productivity and agricultural outputs. Plant tissue analysis helps farmers address nutrient deficiencies in soil and crops early on. This prevents losses and increases yields. As the global population is rising, the need for sustainable and efficient agricultural practices is increasing. Plant tissue analysis assists in optimizing the usage of fertilizers, herbicides, and pesticides. This is expected to drive its adoption among farmers over the forecast period.
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