Steady Expansion Forecast for Boron Fertilizers Market, Projected to Reach $4.55 Billion by 2029

"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Boron Fertilizers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen a significant expansion in the size of the boron fertilizers market. Its growth is projected to increase from $2.99 billion in 2024 to $3.23 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.8%. Factors contributing to this growth during the historic period include research into soil fertility, enhancements in crop yield, a rise in awareness of deficiencies, expansion of the mining industry, and the evolution of the fertilizer industry.

Boron Fertilizers Market Size Forecast: What's the Projected Valuation by 2029?
The market size for boron fertilizers is projected to experience substantial expansion in the forthcoming years. The market is predicted to surge to $4.55 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. Factors such as the adoption of precision farming, effects of climate change, efforts towards sustainable farming, biofortification schemes, and the demand for organic farming are contributing to the growth during the projected period. Key trends for this period are boron fertilization mapping, custom-made crop-specific formulations, microdosing and controlled release mechanisms, organic and eco-friendly boron fertilizers, and bio-stimulant boron commodities.

View the full report here:
https://www.thebusinessresearchcompany.com/report/boron-fertilizers-global-market-report

What Are the Drivers Transforming the Boron Fertilizers Market?
An upsurge in the production of plants and fruits is predicted to significantly contribute to the expansion of the boron fertilizers market. The term ""fruit"" usually refers to parts of plants that bear seeds and have a sweet or sour taste, fit for raw consumption, while ""vegetables"" designate edible parts of plants. Boron is a critical element for several biological processes including protein synthesis, formation of seed and cell walls, pollen grain proliferation, the expansion of pollen tube, and eventually, fruit tidiness and productivity. It also is instrumental in controlling glucose metabolism and facilitating sugar translocation. Therefore, it's projected that the increased production of vegetables and fruits is likely to stimulate the boron fertilizer market. For instance, a study conducted by Statistics Canada, a national statistical agency in Canada, revealed that in 2022, the total production of fruits and vegetables at the national level escalated by 6.1% to reach 3.5 billion kg. Among the provinces, Ontario led the vegetable production with a 55.2% share, followed by Quebec at 34.0% and British Columbia at 3.1%. The income from fruit sales shot up 15.3% in 2022, hitting $1.4 billion. Consequently, the growing production of plants and fruits is propelling the boron fertilizers market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11966&type=smp

What Long-Term Trends Will Define the Future of the Boron Fertilizers Market?
Leading businesses in the boron fertilizer market are concentrating their efforts on creating inventive solutions to boost farming output and rectify nutrient imbalance in the soil. Diammonium phosphate (DAP) fertilizer is a cutting-edge solution, broadly employed as a chemical fertilizer, providing two vital botanical nutrients, nitrogen and phosphorus. An illustration of this occurred in April 2024, when the Fauji Fertilizer Company Limited, based in Pakistan, introduced Sona Boron DAP, the country's inaugural value-enhanced diammonium phosphate fertilizer, on the 23rd of that month. This pioneering product, which consists of nutrient balance of 18% nitrogen, 46% phosphorus, and 0.1% boron, attends to the critical boron shortage registered in around 60% of regional soils. Sona Boron DAP has plans to augment crop yield by 10-23% and offers versatility as it can be utilized during later stages of growth through fertigation.

Which Segments in the Boron Fertilizers Market Offer the Most Profit Potential?
The boron fertilizers market covered in this report is segmented -

1) By Fertilizer Type: Boric Acid, Borax, Boron Calcium Nitrate, Boron Humate, Other Types
2) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
3) By Application Method: Foliar Spray, Soil Treatment, Fertigation
4) By End-Use: Agriculture, Horticulture, Floriculture, Other End Uses

Subsegments:
1) By Boric Acid: Granular Boric Acid, Powdered Boric Acid
2) By Borax: Granular Borax, Powdered Borax
3) By Boron Calcium Nitrate: Standard Boron Calcium Nitrate, Specialty Formulations
4) By Boron Humate: Liquid Boron Humate, Granular Boron Humate
5) By Other Types: Sodium Borate, Boron-based Micronutrient Fertilizers, Foliar Boron Fertilizers

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=11966&type=smp

Which Firms Dominate the Boron Fertilizers Market by Market Share and Revenue in 2025?
Major companies operating in the boron fertilizers market include Bayer AG, Honeywell International Inc., Yara International ASA, INEOS Capital Limited, The Mosaic Company, Corteva Inc., Asahi Kasei Corporation, BASF Agricultural Solutions, U.S. Borax, China Green Agriculture Inc., Drexel Chemical Company, Verdesian Life Sciences, Kalyani Industries Limited, SCL Italia SpA, Rama Phosphates Ltd., Deveron Corp, AgroLiquid, JH Biotech Inc., Inkabor SAC, Microsource LLC, Koch Agronomic Services LLC, Quiborax SA, Minera Santa Rita SRL, OMEX Agricultural Holdings Limited, Aries Agro Limited, Valagro SpA, Rose Mill Co

Which Regions Offer the Highest Growth Potential in the Boron Fertilizers Market?
Asia-Pacific was the largest region in the boron fertilizers market in 2024. The regions covered in the boron fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11966

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Contact Us:
The Business Research Company
Europe - +44 7882 955267
Asia: +91 88972 63534
Americas - +1 310-496-7795
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.

Our flagship offering, the Global Market Model, is a leading market intelligence platform that delivers comprehensive and up-to-date forecasts to support strategic decision-making.

This release was published on openPR.