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Agricultural Micronutrients Market Trend Analysis And Competitive Landscape - Haifa Group, Valagro S.p.A, Sigma AgriScience LLC

Agricultural Micronutrients Market

Agricultural Micronutrients Market

The global agricultural micronutrients market report by the business research company identifies the rising micronutrient deficiency in soil to be a major growth driver for the agricultural micronutrients market. Micronutrient deficiency in soil is defined as the low or unavailability of elements like manganese, copper, zinc, boron, iron, sulphur, and molybdenum. The deficiency of these elements is a concern to the farmers, as it decreases productivity and profit. For instance, in 2019, according to a report published by ICAR, an India-based apex body managing research and education in agriculture, India is considered a zinc-deficient country, and nearly 37% of the soil samples analyzed for the availability of zinc were found deficient. Therefore, the growing micronutrient deficiency in soil is driving the growth of the agricultural micronutrient market.

The global agricultural micronutrients market size is expected to grow from $4.78 billion in 2021 to $5.23 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The agricultural micronutrient market size is expected to grow to $8.15 billion in 2026 at a CAGR of 11.7%.

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Asia-Pacific was the largest region in the agricultural micronutrient market in 2021. The regions covered in the agricultural micronutrients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the agricultural micronutrients market are BASF SE, Yara International ASA, Nutrien Ltd., Nouryon, Compass Minerals International, Helena Chemical Company, Corteva Agriscience, Coromandel International Limited, Haifa Group, Valagro S.p.A, Sigma AgriScience LLC, Aries Agro Limited.

The global agricultural micronutrients market is segmented -
1) By Type: Zinc, Boron, Iron, Copper, Manganese, Molybdenum, Others
2) By Method of Application: Soil Application, Fertigation, Foliar, Seed Treatment, Hydroponics
3) By Crop Type: Cereals, Pulses, Oilseeds, Spices, Fruit and Vegetables
4) By Application: Tomato, Cotton, Citrus, Apple, Lettuce, Soybean, Others

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The Agricultural micronutrients Market Report Contents Include
1. Executive Summary
2. Agricultural Micronutrients Market Characteristics
3. Agricultural Micronutrients Market Trends And Strategies
4. Impact Of Covid-19 On Agricultural Micronutrients
5. Agricultural Micronutrients Market Size And Growth
....
26. Africa Agricultural Micronutrients Market
27. Agricultural Micronutrients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agricultural Micronutrients Market
29. Agricultural Micronutrients Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the agricultural micronutrients market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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