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Agricultural Chelates Market 2023: Demand, Growth Challenges, Industry Analysis And Forecasts To 2032
Agricultural Chelates Market
The Business Research Company's Agricultural Chelates Global Market Report 2023 identifies increasing adoption of greenhouse farming as the major driver for the Agricultural Chelates market's growth in the forecast period. Greenhouse farming involves cultivating crops in protected structures that are either fully or partially covered by transparent materials, its primary aim is to create optimal growing conditions for crops while shielding them from adverse weather conditions and pests. In greenhouse farming, agricultural chelates are utilized to improve the efficiency of nutrient uptake and utilization by crops, Similarly, in agriculture, high-performance chelated micronutrients such as iron chelates are employed to increase crop yields.
The global agriculture chelates market size is expected to grow from $1.19 billion in 2022 to $1.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.17%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global agriculture chelates market size is expected to reach $1.80 billion in 2027 at a CAGR of 8.64%.
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Major competitors in the Agricultural Chelates market are Yara International ASA, Haifa Negev technologies LTD, Nouryon, BASF SE, The Andersons Inc., The Dow Chemical Company, Nufarm Ltd, ICL, Syngenta, Aries Agro Ltd., Akzo Nobel, Valagro S.p.A., Deretil Agronutritional, ATP nutrition, Manvert and BMS-Micronutrients NV
A key trend in the Agricultural Chelates market includes Product innovations. Major companies operating in the agricultural chelates market are developing innovative products to strengthen their position in the market.
Read More On The Global Agricultural Chelates Market Report Here:
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The Agricultural Chelates market is segmented -
1) By Type: EDTA (Ethylenediaminetetraacetic Acid), EDDHA (Ethylenediamine-N,N'-bis (2-Hydroxyphenylacetic Acid), DTPA (Diethylenetriamine Pentaacetate), IDHA (Imidodisuccinic Acid), Other Types
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetable, Other Crop Types
3) By Application: Soil, Foliar, Hydroponics, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Agricultural Chelates market.
The Business Research Company's "Global Agricultural Chelates Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Agricultural Chelates Market Include:
1. Executive Summary
2. Agricultural Chelates Market Characteristics
3. Agricultural Chelates Market Trends And Strategies
4. Agricultural Chelates Market - Macro Economic Scenario
5. Agricultural Chelates Market Size And Growth
......
26. Africa Agricultural Chelates Market
27. Agricultural Chelates Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agricultural Chelates Market
29. Agricultural Chelates Market Future Outlook and Potential Analysis
30. Appendix
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