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Agricultural Micronutrients Market Top Companies Analysis To Grow Your Business in 2020

Agricultural Micronutrients Market Top Companies Analysis

Micronutrients are essential elements required by organisms in varying quantities throughout life to orchestrate a range of physiological functions to maintain health. Agricultural Micronutrient requirements differ between organisms; for example, humans and other animals require numerous vitamins and dietary minerals, whereas plants require specific minerals. For human nutrition, micronutrient requirements are in amounts generally less than 100 milligrams per day, whereas macronutrients are required in gram quantities daily.

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The global Agricultural Micronutrients Market is set to experience a period of robust growth owing to steadily increasing world population. Fortune Business Insights shares this information in its new report, titled "Agricultural Micronutrients Market Agricultural Micronutrients Market Size, Share & Industry Analysis, By Type (Zinc, Iron, Copper, Manganese, Boron, Molybdenum, Others), By Mode of Application (Foliar, Fertigation, Soil), By Crop Type (Cereals, Oilseeds & Pulses, Fruits & Vegetables, Others) and Regional Forecast, 2019-2026: Global Market Analysis, Insights and Forecast, 2019 to 2026".

Some of the key players covered in the Agricultural Micronutrients Market report include

o The Mosaic Company
o Dow Chemical
o Yara International
o Agrium Inc.
o Land O'Lakes
o Coromandel International Ltd. and Helena Agri-Enterprises LLC.

Meticulous research into the market drivers, trends, factors, and restraints;

o Detailed assessment of the market segments;
o 360-degree analysis of overall industry outlook;
o Projections of future prospects of the market; and
o In-depth evaluation of the regional and competitive dynamics characterizing the market.

Market Drivers and Trends:

o Growing world population - According to the UN Department of Economic and Social Affairs (DESA), global population is expected to reach 8.6 billion by 2030 and 9.8 billion by 2050. As a result, demand for food is likely to spike in the next decade, boding well for the Agricultural Micronutrients Market growth.
o Increasing need to narrow food security gaps - Numbers released by the World Bank reveal that around 151 million children below the age of 5 are suffering from chronic malnutrition. Moreover, close to 2 billion people worldwide are deficient in essential micronutrients to be productive and ward off diseases. This would necessitate elevating agricultural productivity, which will be one the key Agricultural Micronutrients Market trends.
o Development of revolutionary technologies - The agriculture sector is undergoing rapid transformations on account of introduction of next-generation technologies. For example, governments and academic institutions are increasingly investing in developing genome editing tools such as CRISPR to build higher pest resistance in crops and increase their capacity to create food. Other advanced technologies such as blockchain, AI, and IoT are also enhancing the Agricultural Micronutrients Market potential in the forthcoming years.

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Competitive Landscape:

Major players are adopting different strategies, such as mergers & acquisitions, new product launches, and strategic collaborations, to gain a competitive edge in the market.

Major Segments includes:

By Type

o Zinc
o Iron
o Copper
o Manganese
o Boron
o Molybdenum
o Others

By Mode of Application

o Foliar
o Fertigation
o Soil

By Crop Type

o Cereals
o Oilseeds & Pulses
o Fruits & Vegetables
o Others

By Geography

Regional Dynamics:

This market has been segmented into different regions such as North America, Europe, and Asia-Pacific. Among these, is anticipated to dominate the Agricultural Micronutrients Market share during the forecast period.

o North America
o Europe and Asia-Pacific

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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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