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Agricultural Chelates Market Share, Size, Growth & Industry Report, 2020-2027

04-06-2021 03:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: GMI Research

Growth opportunities in the agricultural chelates market look promising over the next six years. This is mainly due to the rising awareness about the application of agricultural chelates, the growing adoption of irrigation systems, and the expansion in demand for high-value crops such as garlic and mushrooms.

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Agricultural Chelates Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The drivers contributing to the growth of the global agricultural chelates market are the augmenting demand for high-value crops, including lavender, garlic, and gourmet mushrooms owing to the growing population and declining arable land throughout the world. The chelates compounds help the crops to overcome micronutrient deficiency. The ongoing soil degradation and the expanding incidences of micronutrient deficiencies have made it necessary for the farmers to mix chelates iron micronutrients in fertilizers to enhance the crop yield quality. Also, the increasing awareness towards the usage of agricultural chelates and the rising adoption of irrigation systems will further boost the market demand.

Type Segment Drivers

On the basis of type, the global agricultural chelates market is segmented into EDDHA (Ethylenediamine-N, N'-Bis {2-Hydroxyphenylacetic Acid}), EDTA (Ethylenediamine Tetraacetic Acid) DTPA (Diethylenetriaminepentaacetic Acid or Pentetic Acid), and IDHA (D, L-Aspartic Acid N- {1, 2-Dicarboxyethyl} Tetrasodium Salt). The EDTA is predicted to expand at a higher CAGR over the forecast period attributing to the rising demand for EDTA chelates integrated with recent innovations of crop-specific chelates. The EDTA chelates also enhance the micronutrients' absorption capability and are used for both soil and foliar-applied nutrients, thus boosting the market demand over other agricultural chelates.

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Regional Drivers

Based on the regional coverage, Asia-Pacific is anticipated to grow at a faster CAGR over the forecast period because of the accelerating demand for high-value crops accompanied by the rising population in developing economies like China, India, Japan, and Indonesia. The ongoing innovation in farming techniques has resulted in new opportunities for the manufacturers, thus attracting multinational leaders to invest in this region's market.

Agricultural Chelates Market’s leading Manufacturers:

• Valagro S.p.A
• Aries Agro Ltd.
• The Andersons, Inc.
• The Dow Chemical Company
• Yara International ASA
• Haifa Chemicals
• Syngenta AG
• Nouryon
• ATP Nutrition

Agricultural Chelates Market Segmentation:

Segmentation by Type:
• EDTA (Ethylenediamine Tetraacetic Acid)
• EDDHA (Ethylenediamine-N, N’-Bis {2-Hydroxyphenylacetic Acid})
• DTPA (Diethylenetriaminepentaacetic Acid Or Pentetic Acid)
• IDHA (D, L-Aspartic Acid N- {1, 2-Dicarboxyethyl} Tetrasodium Salt)
• Others

Segmentation by Micronutrient:
• Iron
• Manganese
• Others
o Copper Chelates
o Zinc Chelates
o Calcium Chelates
o Magnesium Chelates

Segmentation by End-User:
• Agriculture
• Indoor Farming

Segmentation by Mode of Application:
• Soil Application
• Seed Dressing
• Foliar Sprays
• Fertigation
• Other Modes

Segmentation by Crop Type:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Other Crop Types

Segmentation by Region:

• North America
o United States of America
o Canada

• Asia Pacific
o China
o Japan
o India
o Rest of APAC

• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

• RoW
o Brazil
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)

Media Contact

Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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