Comprehensive Market Analysis on Metal Chelates Market projected to reach USD 665.16 Million 2030 | CAGR of 7.68% | Forecast period 2023-2030, published by MarketDigits

Metal Chelates Market Scope:
Market size value in 2023 - USD 396.26 Million
Market size value in 2030 - USD 665.16 Million
CAGR (2023-2030) - 7.68%
Forecast Period - 2023-2030
Segments Covered - type, Crop type, mode of application & Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Akzo Nobel N.V, Aries Agro Limited, Deretil Agronutritional, Haifa Chemicals Ltd, Nufarm Limited, Protex International.

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Browse in-depth TOC on "Metal Chelates Market"
178-Tables
95-Figures
332-Pages

North America dominates the market for Metal Chelates.
The Asia Pacific region is dominate to the metal chelates market, fueled by a substantial increase in awareness regarding the consumption of nutrient products. Widespread deficiencies of essential elements like Boron and Zinc across the globe significantly impact crop productivity and quality. Farmers are increasingly cognizant of these deficiencies, leading to a heightened utilization of chelated micronutrients, particularly for zinc and boron. The region's robust market growth is further driven by factors such as rising disposable income, progressive urbanization, a growing population, and heightened awareness of nutritional consumption. Notably, countries like China, India, and Australia exhibit strong purchasing power and a willingness to adopt new innovations and technologies, positioning them as key drivers of future growth in the metal chelates market, particularly in the context of advancing the food market.
North America has fastest growing region in the Metal Chelates Market due to several key factors. The region's advanced agricultural practices, coupled with a high degree of technological adoption, have driven the widespread use of metal chelates in optimizing crop yields. A well-established awareness of micronutrient deficiencies and their impact on agricultural productivity has prompted farmers in North America to increasingly incorporate metal chelates into their fertilization strategies. Additionally, stringent environmental regulations have propelled the demand for eco-friendly agricultural solutions, further boosting the market for metal chelates. The region's robust economy, substantial investments in research and development, and a well-developed infrastructure for agriculture contribute to its leadership in the global metal chelates market. Furthermore, a proactive approach toward sustainable farming practices and the consistent pursuit of innovative solutions solidify North America's position as a dominant player in the Metal Chelates Market.

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Top Key Players Covered in the Report-
BASF SE, Akzo Nobel N.V, Aries Agro Limited, Deretil Agronutritional, Haifa Chemicals Ltd, Nufarm Limited, Protex International, Syngenta AG, Valagro SPA, Van Iperen International and Others and others

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Recent Developments-
• In October 2023, BASF SE has launched a new range of metal chelates for use in industrial applications. The new products are designed to improve the performance of industrial catalysts and to reduce the environmental impact of industrial processes.
• In September 2023, Lanxess has announced the expansion of its metal chelates production capacity in India. The expansion will double the company's production capacity in the country and will meet the growing demand for metal chelates in the Asia Pacific region.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-metal-chelates-market-projected-to-reach-usd-66516-million-by-2030

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