Press release
Crop Micronutrients Market Expected to Witness a Sustainable Growth over 2025 – Top Key players Akzo Nobel N.V, Aries Agro Ltd, Baicor, L.C., BASF SE, Compass Minerals International
Crop Micronutrients Market
Crop micronutrients are the essential nutrients that are required for the growth and balanced nutrition of plants and crops. Micronutrients help in improving the quality as well as the yield of the crops. These are the basic nutrients required in minor amounts to treat deficiency in plants and increase crop yield. Chlorosis, yellowing of leaves, gummosis, and rot are a few illnesses that are found in plants due to insufficiency of micronutrients. Boron, zinc, iron, molybdenum, manganese, copper, and chlorine are some of the major micronutrients that are required by crops and plants. Different applications, for example, fertigation, foliar, and seed treatment are expected to exhibit high demand in future.
Micro-nutrients act as enzyme co-factors and building blocks that enable plants to build complete proteins and compounds. They also aid in the development of large, strong roots, and boost immunity of the plant. Growth in awareness about benefits of micronutrients among farmers & growers, increase in demand for healthy & nutritious food, surge in demand for biofuels fuel the global crop micronutrients market. However, factors such as lack of awareness among farmers in developing countries regarding dosage and proper application of micronutrients, mining of micronutrient reserves, and availability of cheap alternatives and counterfeit products are the major factor expected to restrain the global crop micronutrients market growth during the forecast period. Furthermore, the adoption of new methods of farming for enhancing profitability fuels the demand for micronutrient fortified products.
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Key Benefits
• The study provides an in-depth analysis of the crop micronutrients market with current trends and future estimations to elucidate the investment pockets.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network
• A comprehensive analysis of factors that drive and restrict the growth of the crop micronutrients market is provided.
• The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
• The report includes a detailed analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the crop micronutrients market.
Crop Micronutrients Market Key Segments:
By Form
• Chelated
• Non-Chelated
By Product Type
• Boron
• Copper
• Iron
• Manganese
• Molybdenum
• Zinc
• Others
By Crop Type
• Cereals & Grains
• Fruits & Vegetables
• Pulses and Oilseeds
• Others
By Application
• Fertigation
• Soil
• Foliar
• Seed Treatment
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
The key players operating in the crop micronutrients market are Akzo Nobel N.V., Aries Agro Ltd., Baicor, L.C., BASF SE., Compass Minerals International, Inc., DowDuPont Inc., The Mosaic Company, Nutrien Ltd., Western Nutrients Corporation, and Yara International.
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