Agricultural Micronutrients Market Size, Share, Analysis Report

Agricultural Micronutrients Market Size by Type (Manganese, Zinc, Boron, Copper, Molybdenum and Others), By Form (Chelated and Non-Chelated), By Application (Soil Application, Fertigation and Foliar Spray), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Agricultural Micronutrients Market is expected to be around US$ 12.2 Billion by 2027 at a CAGR of 8.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Yara International
  • The Mosaic Company
  • Helena Chemical Company
  • Nufarm
  • Coromandel International
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    8

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Agricultural Micronutrients Market is expected to be around US$ 12.2 Billion by 2027 at a CAGR of 8.5% in the given forecast period.

    Micronutrients are used in plants for auxin activity, hormone balancing, improving flowering blooms and developing a constant ripening process. The increasing focus on plant nutrients for successful growth and optimum yields is one of the vital factors fueling the market growth. In addition, they enhance sugar translocation and root strength, which helps develop large roots and supports overall plant immunity. Moreover, they act as enzyme co-factors and building blocks which allow plants to build whole proteins and compounds, which are considered a vital mineral element for nurturing horticultural crops. This, sub sequentially, is rising their overall sales across the world. Few other factors contributing to a rise in the usage of agricultural micronutrients are the requirement to achieve appropriate balanced nutrition in crops of cereals, pulses, oilseeds, spices and plantation.

    The global Agricultural Micronutrients market is segregated on the basis of Type as Manganese, Zinc, Boron, Copper, Molybdenum and Others. Based on Form the global Agricultural Micronutrients market is segmented in Chelated and Non-Chelated. Based on Application the global Agricultural Micronutrients market is segmented in Soil Application, Fertigation and Foliar Spray.

    The global Agricultural Micronutrients market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Agricultural Micronutrients market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Yara International, The Mosaic Company, Helena Chemical Company, Nufarm, Coromandel International, BASF, DOW Chemical, Akzonobel, Aries Agro Limited, Land O’lakes, Haifa Chemicals, Sapec S.A., Nutrien, Ltd., Compass minerals international, Sigma AgriScience, LLC, and others are among the major players in the global Agricultural Micronutrients market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Agricultural Micronutrients Market has been segmented as below:

    Agricultural Micronutrients Market, By Type

    • Manganese
    • Zinc
    • Boron
    • Copper
    • Molybdenum
    • Others

    Agricultural Micronutrients Market, By Form

    • Chelated
    • Non-Chelated

    Agricultural Micronutrients Market, By Application

    • Soil Application
    • Fertigation
    • Foliar Spray

    Agricultural Micronutrients Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Agricultural Micronutrients Market, By Company

    • Yara International
    • The Mosaic Company
    • Helena Chemical Company
    • Nufarm
    • Coromandel International
    • BASF
    • DOW Chemical
    • Akzonobel
    • Aries Agro Limited
    • Land O’lakes
    • Haifa Chemicals
    • Sapec S.A.
    • Nutrien, Ltd.
    • Compass minerals international
    • Sigma AgriScience, LLC

    The report covers:

    • Global Agricultural Micronutrients market sizes from 2021 to 2027, along with CAGR for 2021-2027
    • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
    • Global Agricultural Micronutrients market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Agricultural Micronutrients market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Agricultural Micronutrients market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Agricultural Micronutrients market share. Major industry players with significant revenue share include Yara International, The Mosaic Company, Helena Chemical Company, Nufarm, Coromandel International, BASF, DOW Chemical, Akzonobel, Aries Agro Limited, Land O’lakes, Haifa Chemicals, Sapec S.A., Nutrien, Ltd., Compass minerals international, Sigma AgriScience, LLC, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Agricultural Micronutrients industry trends
    • Find complete analysis on the market status
    • Identify the Agricultural Micronutrients market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Market Research Process
    2.3.    Research Data Analysis
    2.3.1.1.    Secondary Research
    2.3.1.2.    Primary Research
    2.3.1.3.    Models for Estimation
    2.4.    Market Size Estimation
    2.4.1.    Bottom-Up Approach- Segmental Market Analysis
    2.4.2.    Top-Down Approach- Parent Market Analysis
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.1.1.    Drivers
    4.1.2.    Restraints
    4.1.3.    Opportunities
    4.1.4.    Challenges
    4.2.    Porter’s Five Force Analysis
    5.    Agricultural Micronutrients Market, By Type
    5.1.    Introduction
    5.2.    Manganese
    5.2.1.    Market Overview
    5.2.2.    Market Size and Forecast
    5.3.    Zinc
    5.3.1.    Market Overview
    5.3.2.    Market Size and Forecast
    5.4.    Boron
    5.4.1.    Market Overview
    5.4.2.    Market Size and Forecast
    5.5.    Copper
    5.5.1.    Market Overview
    5.5.2.    Market Size and Forecast
    5.6.    Molybdenum
    5.6.1.    Market Overview
    5.6.2.    Market Size and Forecast
    5.7.    Others
    5.7.1.    Market Overview
    5.7.2.    Market Size and Forecast
    6.    Agricultural Micronutrients Market, By Form
    6.1.    Introduction
    6.2.    Chelated
    6.2.1.    Market Overview
    6.2.2.    Market Size and Forecast
    6.3.    Non-Chelated
    6.3.1.    Market Overview
    6.3.2.    Market Size and Forecast
    7.    Agricultural Micronutrients Market, By Application
    7.1.    Introduction
    7.2.    Soil Application
    7.2.1.    Market Overview
    7.2.2.    Market Size and Forecast
    7.3.    Fertigation
    7.3.1.    Market Overview
    7.3.2.    Market Size and Forecast
    7.4.    Foliar Spray
    7.4.1.    Market Overview
    7.4.2.    Market Size and Forecast
    8.    Agricultural Micronutrients Market, By Geography
    8.1.    Introduction
    8.2.    North America
    8.2.1.    North America Agricultural Micronutrients, By Type
    8.2.2.    North America Agricultural Micronutrients, By Form
    8.2.3.    North America Agricultural Micronutrients, By Application
    8.3.    Europe
    8.3.1.    Europe Agricultural Micronutrients, By Type
    8.3.2.    Europe Agricultural Micronutrients, By Form
    8.3.3.    Europe Agricultural Micronutrients, By Application
    8.4.    Asia-Pacific
    8.4.1.    Asia-Pacific Agricultural Micronutrients, By Type
    8.4.2.    Asia-Pacific Agricultural Micronutrients, By Form
    8.4.3.    Asia-Pacific Agricultural Micronutrients, By Application
    8.5.    Rest of the World
    8.5.1.    Rest of the World Agricultural Micronutrients, By Type
    8.5.2.    Rest of the World Agricultural Micronutrients, By Form
    8.5.3.    Rest of the World Agricultural Micronutrients, By Application
    9.    Competitive Insights
    9.1.    Key Insights
    9.2.    Company Market Share Analysis
    9.3.    Strategic Outlook
    9.3.1.    Mergers & Acquisitions
    9.3.2.    New Product Developments
    9.3.3.    Portfolio/Production Capacity Expansions
    9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    9.3.5.    Others
    10.    Company Profiles
    10.1.    Yara International
    10.1.1.    Company Overview
    10.1.2.    Product/Service Landscape
    10.1.3.    Financial Overview
    10.1.4.    Recent Developments
    10.2.    The Mosaic Company
    10.2.1.    Company Overview
    10.2.2.    Product/Service Landscape
    10.2.3.    Financial Overview
    10.2.4.    Recent Developments
    10.3.    Helena Chemical Company
    10.3.1.    Company Overview
    10.3.2.    Product/Service Landscape
    10.3.3.    Financial Overview
    10.3.4.    Recent Developments
    10.4.    Nufarm
    10.4.1.    Company Overview
    10.4.2.    Product/Service Landscape
    10.4.3.    Financial Overview
    10.4.4.    Recent Developments
    10.5.    Coromandel International
    10.5.1.    Company Overview
    10.5.2.    Product/Service Landscape
    10.5.3.    Financial Overview
    10.5.4.    Recent Developments
    10.6.    BASF
    10.6.1.    Company Overview
    10.6.2.    Product/Service Landscape
    10.6.3.    Financial Overview
    10.6.4.    Recent Developments
    10.7.    DOW Chemical
    10.7.1.    Company Overview
    10.7.2.    Product/Service Landscape
    10.7.3.    Financial Overview
    10.7.4.    Recent Developments
    10.8.    Akzonobel
    10.8.1.    Company Overview
    10.8.2.    Product/Service Landscape
    10.8.3.    Financial Overview
    10.8.4.    Recent Developments
    10.9.    Aries Agro Limited
    10.9.1.    Company Overview
    10.9.2.    Product/Service Landscape
    10.9.3.    Financial Overview
    10.9.4.    Recent Developments
    10.10.    Land O’lakes
    10.10.1.    Company Overview
    10.10.2.    Product/Service Landscape
    10.10.3.    Financial Overview
    10.10.4.    Recent Developments
    10.11.    Haifa Chemicals
    10.11.1.    Company Overview
    10.11.2.    Product/Service Landscape
    10.11.3.    Financial Overview
    10.11.4.    Recent Developments
    10.12.    Sapec S.A.
    10.12.1.    Company Overview
    10.12.2.    Product/Service Landscape
    10.12.3.    Financial Overview
    10.12.4.    Recent Developments
    10.13.    Nutrien, Ltd.
    10.13.1.    Company Overview
    10.13.2.    Product/Service Landscape
    10.13.3.    Financial Overview
    10.13.4.    Recent Developments
    10.14.    Compass minerals international
    10.14.1.    Company Overview
    10.14.2.    Product/Service Landscape
    10.14.3.    Financial Overview
    10.14.4.    Recent Developments
    10.15.    Sigma AgriScience, LLC
    10.15.1.    Company Overview
    10.15.2.    Product/Service Landscape
    10.15.3.    Financial Overview
    10.15.4.    Recent Developments

    The Agricultural Micronutrients Market has been segmented as below:

    Agricultural Micronutrients Market, By Type

    • Manganese
    • Zinc
    • Boron
    • Copper
    • Molybdenum
    • Others

    Agricultural Micronutrients Market, By Form

    • Chelated
    • Non-Chelated

    Agricultural Micronutrients Market, By Application

    • Soil Application
    • Fertigation
    • Foliar Spray

    Agricultural Micronutrients Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Agricultural Micronutrients Market, By Company

    • Yara International
    • The Mosaic Company
    • Helena Chemical Company
    • Nufarm
    • Coromandel International
    • BASF
    • DOW Chemical
    • Akzonobel
    • Aries Agro Limited
    • Land O’lakes
    • Haifa Chemicals
    • Sapec S.A.
    • Nutrien, Ltd.
    • Compass minerals international
    • Sigma AgriScience, LLC

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 8.5% during the study period (2021-2027)
    The Agricultural Micronutrients Market is expected to be around US$ 12.2 Billion by 2027
    The segment included in Agricultural Micronutrients Market is include Type, Form, Application and region.
    Some key players operating in the Agricultural Micronutrients Market is Yara International, The Mosaic Company, Helena Chemical Company, Nufarm, Coromandel International, BASF, DOW Chemical, Akzonobel, Aries Agro Limited, Land O’lakes, Haifa Chemicals, Sapec S.A
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