Agricultural Micronutrients Market Size, Share & Industry Analysis, By Type (Zinc, Boron, Iron, Molybdenum, Manganese, and Others), Application Mode (Soil, Foliar, and Fertigation), Form (Chelated and Non-Chelated), Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Others), and Regional Forecasts, 2020 - 2029 (Includes COVID-19 Business Impact)

                                          
We have updated Agricultural Micronutrients Market with respect to COVID-19 Business Impact.
Inquire before buying


This report focuses on the Agricultural Micronutrients market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Agricultural Micronutrients market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Agricultural Micronutrients Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Agricultural Micronutrients Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Agricultural Micronutrients Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Increasing Consolidation in the Global Agricultural Micronutrients Industry
Dominant market players in the industry such as Haifa Group, Nutrien, AkzoNobel, The Mosaic Company, and Yara are relying on product development and collaboration strategies to gain the leading position in the global marketplace. Moreover, expanding research & development capacities is becoming a priority for global key players to address the increasing demand coming from crop micronutrients market. Market players are focusing on innovating easy and quick micronutrients fertilizers manufacturing processes and reducing the production cost of the product to make the product affordable to a wider group of consumers.

Key fertilizer giants in the U.S., China, India, and European countries are increasing their willingness to expand production capacities due to the high growth potential of the product. For instance, in June 2017, AkzoNobel invested USD 10.86 million to expand the production capacity of chelated micronutrients in its Sweden facility. Leading companies are also inclining towards joining forces with niche or small country market players to understand the country or regions market and expand their distribution networks.
LIST 

OF KEY COMPANIES PROFILED:

  
Nutrien Ltd.
  
Akzo Nobel N.V.
  
Yara International ASA
  
Haifa Group
  
Helena Agri-Enterprises, LLC
  
Israel Chemicals Ltd.
  
Coromandel International Limited
  
COMPO EXPERT GmbH
  
Indian Farmers Fertiliser Cooperative Limited (IFFCO)
  
Compass Minerals Inc.
  
The Mosaic Company
  
AgXplore International, LLC.

Report Coverage

There has been an appreciable increase in the sales of agricultural micronutrients in recent years. The swiftly declining arable land and growing population across the world is indicating an increased demand for crop health-promoting products such as agricultural micronutrients. Furthermore, advancements in agricultural technologies and the production of cost-effective micronutrients for the agriculture industry will support the growth of the micronutrient fertilizers market in the future years. The report provides qualitative and quantitative insights into the market. It also offers a detailed analysis of the agricultural micronutrients market size and growth rate for all possible segments in the market. Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights presented in the report are an overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in critical countries, and key industry trends.

Report Scope & Segmentation

Segmentation

By Type

  
Zinc
  
Boron
  
Iron
  
Molybdenum
  
Manganese
  
Others

By Application Mode

  
Soil
  
Foliar
  
Fertigation

By Form

  
Chelated
  
Non-Chelated

By Crop Type

  
Cereals
  
Pulses & Oilseeds
  
Fruits & Vegetables
  
Others

By Region

  
North America (U.S., Canada, and Mexico)
  
Europe (U.K., France, Italy, Spain, Germany, and the Rest of Europe)
  
Asia Pacific (China, India, Japan, Australia, and the Rest of Asia Pacific)
  
South America (Brazil, Argentina, and the Rest of South America)
  
The Middle East & Africa (South Africa, UAE, and the Rest of the MEA)

INDUSTRY DEVELOPMENTS:

In August 2016, Dow India launched NUTRIBUILD, a chelated fertilizer mix in the country. The product was one of the first to offer all crucial micronutrients required by plants and crops under one umbrella.
In August 2018, Mosaic India, a leading crop nutrition management company launched K Mag, its naturally occurring fertilizer. The aim behind the launch of this product was to promote balanced crop nutrition.
In January 2019, AgXplore (a manufacturer of nitrogen management products, specialty fertilizers, adjuvants, and micronutrients) introduced Microcoat fertilizer blend product having five essential micro and secondary nutrients.