Agricultural Micronutrients Market is Anticipated To Expand at a Good Pace having Major Manufacturers Including Yara International, BASF, Sinochem Group, SAPEC, The Mosaic Company, FMC Corporation, AkzoNobel & Coromandel International Limited

Agricultural micronutrients market is projected to reach $9,009.2 million by 2023. The market growth is driven by the fact that growing global population will continue to boost the demand for cereals and grains, thereby boosting the demand for micronutrients used for the promoting the growth of the crops.

FMC Corporation, Akzo Nobel N.V., Yara International ASA, BASF SE, Sinochem Group, and SAPEC SA were the leading players in 2017. Companies such as FMC Corporation and Akzo Nobel N.V. have wide range of agricultural micronutrients products

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Increasing practice of contract farming is the major opportunity area identified in the agricultural micronutrients market. The emerging economies including China, India, and Brazil, are expected to witness a high population growth, thereby, creating an ever-increasing pressure on scarce farmlands. This creates pressure on farmers to maximize crop production. I

Some of the other major players operating in the global agricultural micronutrients market are The Mosaic Company, Coromandel International Limited, Chambal Fertilisers and Chemicals Limited, and Haifa Group.

On the basis of type, the agricultural micronutrients market is categorized into zinc, iron, boron, molybdenum, manganese, and others (copper, nickel, and chlorine). Of these, zinc micronutrients contributed the largest revenue to the market in 2017, accounting for more than 25.0% share.

Based on form factor, the agricultural micronutrients market is categorized into EDTA, DTPA, EDDHA, HBED, and non-chelated. In 2017, non-chelated micronutrients accounted for the largest share in net sales volume and constituted a share of more than 70.0% in the market, owing to increasing application rates of non-chelated micronutrients due to low price over chelated counterparts, thereby boosting of the demand for non-chelated agricultural micronutrients.

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APAC accounted for the largest revenue share in terms of value in the agricultural micronutrients market, accounting for more than 55.0% in 2017. The high demand for the product is driven by increasing demand for processed and non-processed food, which in turn, is boosting the adoption of micronutrients used in growing different types of crops.

GLOBAL AGRICULTURAL MICRONUTRIENTS MARKET SEGMENTATION
By Type
• Zinc
• Iron
• Boron
• Molybdenum
• Manganese
• Others
By Form Factor
• Ethylenediaminetetraacetic Acid (EDTA)
• Diethylenetriaminepentaacetic Acid (DTPA)
• Ethylenediamine-N,N'-bis(2-hydroxyphenylacetic acid) (EDDHA)
• N,N′-bis(2-hydroxyphenyl)ethylendiamine-N,N′-diacetic acid (HBED)
• Non-Chelated
By Crop Type
• Cereals and Grains
• Fruits and Vegetables
• Oilseeds and Pulses
• Others
By Application Mode
• Soil
• Fertigation
• Foliar
• Others
By Geography
• North America Agricultural Micronutrients Market
o By type
o By form factor
o By crop type
o By application mode
o By country – U.S. and Canada
 U.S. market
 By type
 By form factor
 By crop type
 By application mode
 Canada market
 By type
 By form factor
 By crop type
 By application mode
• Europe Agricultural Micronutrients Market
o By type
o By form factor
o By crop type
o By application mode
o By country – Germany, U.K., France, Italy, and Rest of Europe
 Germany market
 By type
 By form factor
 By crop type
 By application mode
 U.K. market
 By type
 By form factor
 By crop type
 By application mode
 France market
 By type
 By form factor
 By crop type
 By application mode
 Italy market
 By type
 By form factor
 By crop type
 By application mode
 Rest of Europe market
 By type
 By form factor
 By crop type
 By application mode
• Asia-Pacific (APAC) Agricultural Micronutrients Market
o By type
o By form factor
o By crop type
o By application mode
o By country – China, India, Australia, New Zealand, and Rest of APAC
 China market
 By type
 By form factor
 By crop type
 By application mode
 India market
 By type
 By form factor
 By crop type
 By application mode
 Australia market
 By type
 By form factor
 By crop type
 By application mode
 New Zealand market
 By type
 By form factor
 By crop type
 By application mode
 Rest of APAC market
 By type
 By form factor
 By crop type
 By application mode
• Latin America (LATAM) Agricultural Micronutrients Market
o By type
o By form factor
o By crop type
o By application mode
o By country – Brazil, Argentina, Mexico, and Rest of LATAM
 Brazil market
 By type
 By form factor
 By crop type
 By application mode
 Argentina market
 By type
 By form factor
 By crop type
 By application mode
 Mexico market
 By type
 By form factor
 By crop type
 By application mode
 Rest of LATAM market
 By type
 By form factor
 By crop type
 By application mode
• Middle East and Africa (MEA) Agricultural Micronutrients Market
o By type
o By form factor
o By crop type
o By application mode
o By country – South Africa, Saudi Arabia, and Rest of MEA
 South Africa market
 By type
 By form factor
 By crop type
 By application mode
 Saudi Arabia market
 By type
 By form factor
 By crop type
 By application mode
 Rest of MEA market
 By type
 By form factor
 By crop type
 By application mode

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