Crop Micronutrients Market Share 2021 Growth Challenges, Opportunities and Future Trends 2027

The global crop micronutrients market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Crop micronutrients are termed as the key nutrients essential for the plant's growth and other metabolic activities. These micronutrients play a pivotal role in enhancing the taste, color, and quality of crops as well as efficiency of fertilizers, water use, disease resistance, and others. They also support the development of large as well as strong roots, encourage better plant immunity, and support build complete proteins and compounds. All these advantages offered by the crop micronutrients are likely to drive their growth during the forecast period. Other major factors that are likely to drive the growth of the market include the growth in micronutrient deficiencies in the soil and growing awareness about food security. Further, rising awareness among growers regarding the benefits of micronutrients and shrinkage of agricultural land coupled with the effectiveness of micronutrients for crop yield and productivity, are also anticipated to give a major boost to the global crop micronutrients market.

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Geographically, Asia-Pacific is anticipated to show a substantial growth in the overall market. The region is potent market for high-quality food which further promises robust growth opportunities owing to rise in the adoption of micronutrients by the local farmers of the emerging economies of the region. In addition, the growth in vivid agricultural practices, need of high-quality agricultural produce coupled with the growing population base are also anticipated to drive the market in the Asia-Pacific.

Market Coverage

• The market number available for - 2020-2027

• Base year- 2020

• Forecast period- 2021-2027

• Segment Covered-

· By Application

· By Deployment Model

· By End-User

• Regions covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape: Akzo Nobel N.V., BASF SE, and Corteva, Inc., among others.

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Global Crop Micronutrients Market Report by Segment

By Form

• Chelated

• Non-Chelated

By Product Type

• Boron

• Copper

• Iron

• Manganese

• Molybdenum

• Zinc

• Others

Global Crop Micronutrients Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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