Press release
Global Micronutrients Market Set for Rapid Growth, To Reach Around USD 7.75 Billion By 2020
Do inquiry Before Purchasing Report: http://goo.gl/7bI1JLZion Research has published a new report titled “Micronutrients (Boron, Copper, Iron, Manganese, Molybdenum, Zinc and Others) Market by Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables and Others) for Fertigation, Foliar, Soil, Seed Treatment and Hydroponics Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020”. According to report, the global micronutrient market was valued at approximately USD 4.75 billion in 2014 and is expected to reach approximately USD 7.75 billion by 2020, growing at a CAGR of slightly above 8.0% between 2015 and 2020. In terms of volume, global micronutrient market stood at 1,050.0 kilo tons in 2014.
Micronutrients play an important role in vigorous and healthy growth of plants. Micronutrients are found in and needy by plants in relatively small amounts to regulate certain physiological activities in crops to enhance their yield and quality. Micronutrients provide the necessary co-factors for metabolism to be carried out. In agriculture, nutrients can be applied to the soil as fertilizers. There are about 20 nutrients required for plant health and better yielding. Three of them, carbon, hydrogen and oxygen are considered part of the protoplasm and the remainders are considered to be mineral elements.
The micronutrients market is segmented on the basis of major essential micronutrients such as boron, copper, iron, manganese, molybdenum, zinc and others. Among all micronutrients, zinc dominated micronutrient market by type, accounting for majority of share in 2014. Other key micronutrients include, boron, manganese and iron are consumed in higher quantities and expected to exhibit fastest growth during the forecast period. This growth can be attributed to strong demand for micronutrients due to deficiencies of micronutrients in soil.
Get Sample Research Report: http://goo.gl/cr4SJ2
The micronutrients market is segmented on the basis of different crop type such as cereals, pulses and oilseeds, fruits & vegetables and others. Cereal further segmented into wheat, barley, maize and oats among others. This segment accounted for very large chunk of market share in 2014. Pulses and oilseeds was another leading segment and constitute 29.0% of market share in 2014. Fruits and vegetables is another key outlet for micronutrients and expected to witness rapid growth over the forecast period.
On the basis of application, the micronutrient market has been segmented into fertigation, foliar, soil, seed treatment and hydroponics are key application segment include in the micronutrients market. Soil segment accounted for largest share of overall market in 2014. Foliar was second largest market and accounted for over 23.0% of the micronutrients market in 2014. Furthermore, other applications such as seed treatment and hydroponics are expected to exhibit moderate growth in the micronutrients market over the forecast period.
Asia Pacific was the leading regional market for micronutrient and accounted for 50.0% market share in 2014. Asia pacific is followed by North America accounting for 19.0% of the total volume of the micronutrient market in 2014. Asia Pacific is expected to witness potential growth during 2015 to 2020. Europe, Latin America and Middle East & Africa are also expected to experience moderate growth of micronutrient market in the years to come.
Some of the key players include in micronutrient market Aries Agro, Arysta LifeScience, Wolf Trax, Inc., Agrium, AkzoNobel, BASF, Mosaic, Yara International, Wilbur-Ellis Company, BMS Micronutrients, Cheminova, Tradecorp International, Haifa Chemicals and BASF.
This report segments the global micronutrients market as follows:
Global Micronutrients Market: Product Segment Analysis
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Global Micronutrients Market: Crop Type Segment Analysis
Cereals
Pulses & Oilseeds
Fruits & Vegetables
Others
Global Micronutrients Market: Application Segment Analysis
Fertigation
Foliar
Soil
Seed Treatment
Hydroponics
Global Micronutrients Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
Browse Complete Report along with TOC here @ http://www.marketresearchstore.com/report/micronutrients-market-z47761
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Micronutrients Market Set for Rapid Growth, To Reach Around USD 7.75 Billion By 2020 here
News-ID: 330993 • Views: …
More Releases from MRS reports

Global Plastic Films Market 2017 Amcor, AEP Industries, Berry Plastic, British P …
The latest report Plastic Films Market by QY Research added to it's database and brings to light the comprehensive study and factual information of global market. The report also provides the global market segmentation based on applications, end-users, technology, and geography. The Plastic Films research report offers a comprehensive assessment of the Plastic Films market and consists of historical data, scope, significant approaches and statistical data of the global market.…
Phenolic Resins Market Value Share, Supply Demand, share and Value Chain 2014-20 …
Do inquiry Before Purchasing Report: http://goo.gl/35gSln
Zion Research has published a new report titled “Phenolic Resins (Resols, Novolac and Others) Market for Wood-adhesives, Molding Compounds, Laminates, Insulation and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, the global phenolic resins market was valued at approximate USD 10.0 billion in 2014 and is expected to reach approximately USD 14.0 billion by 2020, growing at…
Global Bitumen Market Value Share, Supply Demand, share and Value Chain 2014-202 …
Do inquiry Before Purchasing Report: http://goo.gl/F64j6i
Zion Research has published a new report titled “Bitumen (Paving Bitumen, Oxidized Bitumen, Cutback Bitumen, Bitumen Emulsion, Polymer Modified Bitumen and Others) Market for Roadways, Waterproofing, Adhesives, Insulation and Other Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, global bitumen market was valued at around USD 75 billion in 2014 and is expected to reach USD 94…
Global Polyester Fiber Market Value Share, Supply Demand, share and Value Chain …
Do inquiry Before Purchasing Report: http://goo.gl/oL5kBA
Zion Research has published a new report titled “Polyester Fiber Market (Solid and Hollow) for Carpet & Rugs, Nonwoven Fabrics, Fiberfill and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020.” According to the report, global demand for polyester fibers was valued at USD 73.5 billion in 2014 and is expected to cross USD 115.0 billion in 2020, growing at a CAGR…
More Releases for Micronutrients
Japan Micronutrients Market Size & Trends
According to a new market research report published by Global Market Estimates, the Japan micronutrients market is projected to grow at a CAGR of 7.9% from 2023 to 2028.
Increasing consumer awareness of the nutritional content of food and increasing adoption of environmentally friendly farming practices are expected to support micronutrient market growth in Japan.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Japan…
APAC Is Dominating Agricultural Micronutrients Market
The total value of the global agricultural micronutrient market was USD 4,321.9 million in 2022, and it will rise at a growth rate of above 8.5% shortly, reaching USD 8,322.1 million by 2030, according to P&S Intelligence.
This growth can be ascribed to the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals…
Global Crop Micronutrients Market Size
According to a new market research report published by Global Market Estimates, the global crop micronutrients market is expected to grow at a CAGR of 7.3% from 2023 to 2028.
The demand for agricultural micronutrients has been significantly influenced by the expanding global population. Micronutrients play a crucial role in enhancing crop yield, quality, and nutritional content. They are essential for plant growth, as they act as catalysts for various enzymatic…
Agricultural Micronutrients Market Consumption Status and Prospects Professional …
(Latest Industry Report 2022) Agricultural Micronutrients Market report provides a basic overview of the industry including definitions and classifications. The market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The study provides a complex examination of the application, including a detailed cost assessment analysis of the products available in the global market with respect to the profit margins of established…
Global Agricultural Micronutrients Market | Agricultural Micronutrients Industry …
The agricultural micronutrients are plant nutrients, which are used in little amount to obtain better yield. These micronutrients include chloride, zinc, boron, copper and molybdenum. Rise in preference for Genetically Modified (GM) seeds across the world is expected to impact the growth of the global market for agriculture micronutrients.
Referring to study, “Global Agricultural Micronutrients Market: Market Segments: By Type(Zinc, Boron, Iron, Manganese, Molybdenum, and Copper); By Application (Soil, Foliar, and…
Agriculture Micronutrients: Micronutrients to Find Largest Application in Soil D …
ResearchMoz include new market research report "Global Market Study on Agriculture Micronutrients: Micronutrients to Find Largest Application in Soil During 2017-2024" to its huge collection of research reports.
The global agriculture micronutrients market offers in-depth analysis and forecast on the global market and insights on the market on the basis of segments and regions that support decision making process and helps in planning strategies in order to remain competitive in the…