Unlocking Opportunities in the Chelated Micronutrients Market: 2025-2034 Forecast Report

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What Will the Chelated Micronutrients Industry Market Size Be by 2025?
The market for chelated micronutrients has seen significant growth in recent years. The market size is set to rise from $1.24 billion in 2024 to $1.35 billion in 2025, displaying a compound annual growth rate (CAGR) of 9.4%. The growth during the historical period is driven by factors such as the soaring demand for water treatment, increased requirement from chemical manufacturing sectors, the necessity to adhere to environmental and safety standards, coupled with global emphasis on energy efficiency.

What's the Long-Term Growth Forecast for the Chelated Micronutrients Market Size Through 2029?
There is expected to be a significant expansion in the chelated micronutrients market in the upcoming years, with it projected to reach a value of $1.82 billion in 2029, exhibiting a compound annual growth rate of 7.7%. This growth in the forthcoming period is due to several reasons such as the increasing emphasis on ESG (environmental, social, and governance) protocols, the surge in renewable energy investments, the growth of industrial infrastructure, as well as developments in the oil and gas discovery and manufacture, and the shift towards industry 4.0 approaches. Key trends within the forecast period include integrating artificial intelligence (AI) and machine learning, a focus on sustainability and social accountability, the growing use of cloud-based solutions, better collaboration and integration, the rising deployment in the financial services sector, and a heightened focus on consumer behaviour and preferences.

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What Are the Key Growth Drivers Fueling the Chelated Micronutrients Market Expansion?
The rise in consumer desire for food products enriched with nutrients is projected to drive the expansion of the chelated micronutrient market. Nutrient-dense foods essentially provide a high amount of vitamins, minerals, and other nutrients while maintaining a low calorie count. Chelated micronutrients are frequently used in these foods to enhance the absorption rate of micronutrients, making them more efficient in providing health benefits and combating deficiencies. For example, Statistics Canada, a governmental agency of Canada, reported in February 2023 that the farm-gate sales of fruits and vegetables surged by 13.1% in 2022, reaching $3.0 billion, a notable increase from the previous year, 2021. Hence, the escalating consumer demand for nutrient-dense foods is pushing the growth of the chelated micronutrient market.

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What Are the Key Trends Driving Chelated Micronutrients Market Growth?
Key players in the chelated micronutrients market are concentrating their efforts on creating novel solutions such as superior nutrient absorption and enhanced crop yield to cater to the needs of contemporary agriculture. Superior nutrient absorption implies the creation of solutions that allow plants to utilize essential micronutrients more efficiently, contributing to improved growth and greater productivity. For example, in June 2024, Coromandel International, a company specializing in agricultural inputs based in India, introduced Paramfos Plus, a fertilizer enriched with magnesium formulated to maximize nutrient delivery to crops. Paramfos Plus is characterized by chelated micronutrients that amplify nutrient consumption in plants by optimizing the bioavailability of key elements such as iron and zinc. The chelation process safeguards these nutrients from precipitation in soils with a high pH, securing their solubility and availability for plant uptake. Consequently, this leads to more robust plants, superior nutrient efficiency, and heightened crop yield.

How Is the Chelated Micronutrients Market Segmented?
The chelated micronutrients market covered in this report is segmented -

1) By Nutrient: Zinc, Manganese, Copper, Boron, Molybdenum, Iron, Other Nutrients
2) By Form: Dry, Liquid, Other Forms
3) By Crop Type: Grains And Cereals, Pulses And Oilseeds, Commercial Crops, Fruits And Vegetables, Turf And Ornamentals
4) By Application: Soil, Foliar, Fertigation, Other Applications

Subsegments:
1) By Zinc: Zinc EDTA, Zinc EDDHA
2) By Manganese: Manganese EDTA, Manganese EDDHA
3) By Copper: Copper EDTA, Copper EDDHA
4) By Boron: Boron EDTA, Boron EDDHA
5) By Molybdenum: Molybdenum EDTA, Molybdenum EDDHA
6) By Iron: Iron EDTA, Iron EDDHA
7) By Other Nutrients: Cobalt, Nickel, Other Chelated Micronutrients

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Which Companies Are Leading the Charge in Chelated Micronutrients Market Innovation?
Major companies operating in the chelated micronutrients market report are BASF SE, Dow Inc., Bayer AG, CHS Inc., Mitsubishi Chemical Corporation, Syngenta International AG, Yara International ASA, Sumitomo Chemical Co. Ltd., Monsanto Company, E. I. DUPONT DE NEMOURS AND COMPANY, Akzo Nobel N.V., Nouryon Specialty Chemicals B.V., ADAMA Agricultural Solutions Ltd., Nufarm Limited, Innospec Inc., Auriga Industries A/S, Brandt Consolidated Inc., Stoller Inc., COMPO EXPERT GmbH, Haifa Negev Technologies Ltd., Verdesian Life Sciences LLC, Aries Agro Limited, Deretil Agronutritional SLU, Grow More Inc., Protex International SA, Baicor LLC, ATP Nutrition Ltd., Ava Chemicals Private Limited, Chittari Agricare Pvt. Ltd., Napnutriscience, Shandong Iro Chelating Chemical Co. Ltd.

Which Regions Are Leading the Global Chelated Micronutrients Market in Revenue?
Asia-Pacific was the largest region in the chelated micronutrients market in 2024. The regions covered in the chelated micronutrients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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