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Crop Micronutrients Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | BASF SE, Nutrien Ltd, Yara International ASA, The Mosaic Company, DowDuPont Inc., Corteva Agriscience, Nufarm Ltd, Haifa Group, Compass Minerals Internati
Crop Micronutrients Market Trends And Strategies
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Evolving Soil Micronutrient Deficiency Fuels Expansion Of The Crop Micronutrient Market
Developing soil micronutrient deficit is expected to propel the growth of the crop micronutrient market going forward. Micronutrient deficiency is the absence of vital vitamins and minerals that the body needs in minute amounts for healthy growth and development. Micronutrients are vital to plant nutrients that are present in tiny levels and aid in boosting the growth of new plants. According to a report published by the Center for Science and Environment (CSE) India, in 2022, There was nitrogen deficiency in 90% of the soil samples collected from 27 states. 85% of soil samples are deficient in organic carbon. Also, 15% contain low levels of organic carbon, and 49% of soil samples have low levels of organic carbon. Therefore, the developing soil micronutrient deficit is driving the growth of the crop micronutrient market.
Product Development Emerges As A Dominant Trend In The Crop Micronutrient Market
Product development is a key trend gaining popularity in the crop micronutrient market. Major companies operating in the market are focused on product development to strengthen their position in the market. For Instance, in September 2021, Coromandel International, an India-based manufacturer of fertilizers, pesticides, and speciality nutrients, launched the product GroShakti Plus. This product was manufactured using EnPhos Technology and Zincated technology. EnPho technology enables phosphorous available to the crop and ensures better root development along with Zinc which enables plant growth and improves disease resistance.
The crop micronutrients market covered in this report is segmented -
1) By Type: Zinc, Boron, Iron, Manganese, Molybdenum, Copper, Other Types
2) By Crop Type: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Othe Cropr
3) By Application: Fertigation, Soil, Foliar, Other Applications
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Major companies operating in the crop micronutrients market report are BASF SE, Nutrien Ltd, Yara International ASA, The Mosaic Company, DowDuPont Inc., Corteva Agriscience, Nufarm Ltd, Haifa Group, Compass Minerals International Inc., Coromandel International Limited, Sapec Agro Business, Valagro SpA, ATP Nutrition, Stoller Enterprises Inc., Micromix Plant Health Limited, FMC Corporation, Helena Agri-Enterprises LLC, Verdesian Life Sciences LLC, K+S Aktiengesellschaft, Haifa Chemicals Ltd., Sociedad Química y Minera de S. A, Brandt Consolidated Inc., Omex Agrifluids Ltd., Bio Huma Netics Inc., Nutri-Tech Solutions Pty Ltd., AgroLiquid, Plant Health Care plc, Loveland Products Inc., Marrone Bio Innovations Inc.
Contents of the report:
1. Executive Summary
2. Crop Micronutrients Market Report Structure
3. Crop Micronutrients Market Trends And Strategies
4. Crop Micronutrients Market - Macro Economic Scenario
5. Crop Micronutrients Market Size And Growth
…..
27. Crop Micronutrients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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