Soaring Demand Set to Propel Chelate Fertilizer Market to $5.49 Billion by 2029

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What Is the Expected CAGR for the Chelate Fertilizer Market Through 2025?
The market size for chelate fertilizer has seen quick expansion in the past few years. The market is projected to expand from $3.38 billion in 2024 to $3.73 billion in 2025, boasting a compound annual growth rate (CAGR) of 10.5%. The historical period of growth can be attributed to factors such as increased agricultural productivity, heightened consciousness about soil health, a spike in demand for premium quality crops, the growth of agricultural land, and the rise in usage of high-value crops.

What's the Projected Size of the Global Chelate Fertilizer Market by 2029?
In the coming years, the chelate fertilizer market is anticipated to experience swift expansion. The market is projected to rise to $5.5 billion by 2029, with a compound annual growth rate (CAGR) of 10.2%. Factors contributing to this growth within the specified period include an escalating global population, an amplified need for food security, a surge in awareness about eco-friendly farming methods, and increased funding in agricultural research and innovation. Expected trends within this period encompass the creation of slow-release fertilizer mixtures, the growth of online distribution platforms, advancements in precision-based nutrient control, the application of data analytics in fertilizer usage, and the formulation of tailor-made fertilizer solutions.

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Top Growth Drivers in the Chelate Fertilizer Industry: What's Accelerating the Market?
The chelate fertilizer market is anticipated to grow alongside the expanding global population and increased food demand. The larger global community demands more food, necessitating high crop yields and quality that chelate fertilizers facilitate. The Department for Environmental, Food, and Rural Affairs, a governmental department from the UK, reported in August 2024 that the agri-food chain contributed $188.64 billion (or £147.8 billion), that is, 6.5% to the 2022 national gross value added. This report also demonstrated that without taking into account agriculture and fishing, the food chain's gross value added was $169.62 billion (£132.9 billion), which is a 15.4% increase on a year-on-year basis. Moreover, the United States Census Bureau, in January 2024, projected the global population to hit 8.019 billion, an upsurge of 0.075 billion or 0.95% from the year prior. Hence, the chelate fertilizer market is primed to grow due to the burgeoning global populace and the corresponding food demand.

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What Trends Will Shape the Chelate Fertilizer Market Through 2029 and Beyond?
Leading corporations in the chelate fertilizer industry are concentrating on the creation of novel biodegradable chelating agents that can provide micronutrients effectively, consequently reducing environmental harm. A biodegradable chelating agent is a substance that has the ability to connect with metal ions and naturally decompose in the environment, thereby lessening ecological damage. For instance, Innospec, an American chemical firm, introduced ENVIOMET C, a new environmentally friendly chelating agent in August 2022, which aims for effective chelation while encouraging environmental preservation. This unprecedented product is excellent in chelating transition metals, even when calcium and magnesium are present, making it suitable for functions such as stain removal, maintaining stability of peracetic acid, and guarding dyes and fabrics. Its capacity to biodegrade addresses the growing need for green solutions in the chemical sector and improves the efficiency of cleaning and agricultural mixtures by successfully associating with transition metals.

What Are the Main Segments in the Chelate Fertilizer Market?
The chelate fertilizermarket covered in this report is segmented -

1) By Type: Amino Acid Chelates, Ethylene Diamine Tetra-Acetic Acid (EDTA) Chelates, Imino Disuccinate (IDHA) Chelates, Diethylenetriamine Pentaacetic Acid (DTPA) Chelates, Ethylenediaminedi (O-Hydroxyphenylacetic) Acid (EDDHA) Chelates, Other Types
2) By Micronutrient: Iron, Zinc, Manganese, Copper, Other Micronutrients
3) By Application: Foliar Spray, Soil Application, Fertigation, Seed Treatment, Other Applications

Subsegments:
1) By Amino Acid Chelates: Lysine-Based Amino Acid Chelates, Glycine-Based Amino Acid Chelates, Glutamic Acid-Based Amino Acid Chelates, Serine-Based Amino Acid Chelates, Methionine-Based Amino Acid Chelates
2) By Ethylene Diamine Tetra-Acetic Acid (EDTA) Chelates: EDTA Chelates For Micronutrients, EDTA Chelates For Soil Application, EDTA Chelates For Foliar Application, EDTA-Based Liquid Fertilizers
3) By Imino Disuccinate (IDHA) Chelates: IDHA Chelates For Iron Fertilization, IDHA Chelates For Trace Element Fertilization, IDHA Chelates For Hydroponics, IDHA Chelates For Soil Application
4) By Diethylenetriamine Pentaacetic Acid (DTPA): DTPA Chelates For Iron Fertilization, DTPA Chelates For Agricultural Crops, DTPA Chelates For Foliar Spraying, DTPA Chelates For Hydroponic Systems.

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Which Top Companies are Driving Growth in the Chelate Fertilizer Market?
Major companies operating in the chelate fertilizer market are BASF SE, Nutrien Ltd., Syngenta AG, Yara International, The Mosaic Company, Andersons Plant Nutrient Group, Akzo Nobel NV, ICL Specialty Fertilizers, Nouryon, Nufarm Limited, Nippon Soda Co. Ltd., Haifa Chemicals Ltd, Compo Expert, Valagro SpA, Rizobacter SA, Aries Agro Limited, LidoChem Inc., ATP Nutrition Ltd., Van Iperen International, Protex International, BMS Micro-Nutrients, Manvert, Humintech GmbH, Aqua Yields

Which Regions Will Dominate the Chelate Fertilizer Market Through 2029?
Asia-Pacific was the largest region in the chelate fertilizer market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the chelate fertilizer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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