Agricultural Chelates Market: Major Trends Reshaping the Future of the Industry

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What Will the Agricultural Chelates Industry Market Size Be by 2025?
The market size for agricultural chelates has seen considerable growth in the past few years. The market is projected to expand from a size of $1.22 billion in 2024 to a size of $1.32 billion in 2025, at a compound annual growth rate (CAGR) of 7.8%. Factors contributing to growth in the historic period include issues about soil quality, a growing global population, growth in commercial agriculture, the broadening scope of precision farming, and a heightened understanding of crop nutrition.

What's the Long-Term Growth Forecast for the Agricultural Chelates Market Size Through 2029?
The size of the agricultural chelates market is predicted to experience significant growth in the following years, expanding to $1.79 billion by the year 2029 at a compound annual growth rate (CAGR) of 7.9%. The predicted growth during the forecast period could be due to the broadening scope of organic farming, the challenges posed by climate change, emphasis on sustainable agriculture, support from the government for precision agriculture, and increased investments in agtech. Key trends projected during this period consist of technological innovations in chelate formulations, emerging advancements in agriculture, increased acceptance of precision agriculture, the escalating usage of micronutrients in crop production, and technological progress in chelate production.

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What Are the Key Growth Drivers Fueling the Agricultural Chelates Market Expansion?
The anticipated surge in farm production costs is predicted to bolster the expansion of the agricultural chelates market. Farm production cost encompasses the cumulative expenditures by farms on diverse inputs essential for agricultural production and related expenses. Chelates in agriculture are chemical entities utilized to enhance the intake and readiness of vital minerals for plants. For instance, data from the United States Department of Agriculture, a government agency in the U.S, show that in 2022, crop farms in the U.S spent $195.5 billion on farm production costs. This increase in expenditure is fuelling the growth of the agricultural chelates market.

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Which Emerging Trends Are Transforming the Agricultural Chelates Market in 2025?
Product advancements are becoming a central trend in the agricultural chelates market. Leading companies are creating innovative products to establish their market dominance. As an example, the major polyethylene wax manufacturer in the US, Innospec Inc., released ENVIOMET C in August 2022. This is an eco-friendly chelating agent for agricultural use. Designed to be easily biodegradable, this product is targeting customers who desire chelating agents that provide superior results with negligible environmental effects.

How Is the Agricultural Chelates Market Segmented?
The agricultural chelates market covered in this report is segmented -

1) By Type: EDTA (Ethylenediaminetetraacetic Acid), EDDHA (Ethylenediamine-N,N'-bis (2-Hydroxyphenylacetic Acid), DTPA (Diethylenetriamine Pentaacetate), IDHA (Imidodisuccinic Acid), Other Types
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetable, Other Crop Types
3) By Application: Soil, Foliar, Hydroponics, Other Applications

Subsegments:
1) By EDTA (Ethylenediaminetetraacetic Acid): EDTA Calcium, EDTA Magnesium, EDTA Iron, EDTA Zinc
2) By EDDHA (Ethylenediamine-N,N'-bis (2-Hydroxyphenylacetic Acid)): EDDHA Iron, EDDHA Calcium
3) By DTPA (Diethylenetriamine Pentaacetate): DTPA Iron, DTPA Calcium
4) By IDHA (Imidodisuccinic Acid): IDHA Iron, IDHA Calcium
5) By Other Types: Organic Chelates, Synthetic Chelates

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Which Companies Are Leading the Charge in Agricultural Chelates Market Innovation?
Major companies operating in the agricultural chelates market include Yara International ASA, Haifa Group, Nouryon Holding B.V., BASF SE, The Andersons Inc., Dow Inc., Nufarm Limited, ICL Group Ltd., Syngenta Group Co. Ltd., Aries Agro Limited, Akzo Nobel N.V., Valagro S.p.A., Deretil Agronutritional S.L., ATP Nutrition Ltd., Manvert S.L., BMS-Micronutrients NV, Mitsubishi Chemical Corporation, Innospec Inc., Shandong Iro Chelating Chemical Co. Ltd, Ava Chemicals Private Limited, Protex International, Agmin Chelates, COMPO EXPERT GmbH, LidoChem Inc., Andersons Plant Nutrient Group, CHS Inc., Wilbur-Ellis Holdings Inc., Van Iperen International B.V., ADOB Haifa Ltd., Aquapharm Chemical Pvt. Ltd.

Which Regions Are Leading the Global Agricultural Chelates Market in Revenue?
Asia-Pacific was the largest region in the agricultural chelates market in 2024.Europe is expected to be the fastest-growing region in the global agriculture chelates market report during the forecast period. The regions covered in the agricultural chelates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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