North America and Europe Agricultural Micronutrients Market valuation $9.5 billion by 2031 - Exclusive Report by DatamIntelligence

"North America and Europe's Agricultural Micronutrients Market reached US$ 5.80 billion in 2022 and is expected to reach US$ 9.5 billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031." As per DataM intelligence research report

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North America: Recent Industry Developments

✅ In October 2025, ICL Fertilizers launched a new line of micronutrient blends for corn and soybean crops in North America. The products are designed to improve nutrient uptake and yield. They support sustainable and precision agriculture practices.

✅ In September 2025, BASF introduced foliar-applied micronutrient solutions for wheat and vegetable crops in the U.S. The formulations enhance crop resilience and quality. They help farmers optimize production efficiency and nutrient management.

✅ In August 2025, Nutrien Ag Solutions rolled out micronutrient-enriched fertilizers with chelated trace elements for North American orchards and vineyards. These products improve fruit quality and overall plant health. They enable better harvest outcomes.

✅ In July 2025, Haifa Chemicals expanded its potassium-based micronutrient solutions for row crops in the U.S. The products enhance soil fertility and plant nutrition. They contribute to higher yields and more sustainable farming practices.

Europe: Recent Industry Developments

✅ In October 2025, Yara Europe introduced a new range of micronutrient fertilizers for cereals and vegetables. The products improve plant growth and stress tolerance. They support European farmers in achieving high-quality yields.

✅ In September 2025, Compo Expert launched chelated micronutrient solutions for vineyards and orchards across Europe. The formulations enhance nutrient efficiency and fruit quality. They support sustainable viticulture and horticulture practices.

✅ In August 2025, EuroChem Agro rolled out micronutrient blends tailored for European wheat and maize production. The products optimize crop nutrition and soil health. They enable farmers to achieve better productivity with lower environmental impact.

✅ In July 2025, Haifa Chemicals Europe introduced potassium and magnesium-enriched micronutrient fertilizers. The solutions improve plant resilience against abiotic stress. They enhance yield quality and support sustainable crop management.

North America and Europe Agricultural Micronutrients Market: Drivers

The agricultural micronutrients market in North America and Europe is witnessing steady growth due to increasing demand for high-quality crops, sustainable farming practices, and soil fertility management. Micronutrients such as zinc, boron, manganese, and iron are essential for plant growth, improving crop yield, nutritional quality, and resistance to diseases and environmental stress. Rising awareness among farmers about the importance of balanced fertilization and precision agriculture techniques is driving adoption. Government initiatives and subsidies promoting sustainable agriculture, soil health programs, and nutrient management are further supporting market expansion. Additionally, growing consumer demand for nutrient-rich and organically grown food is encouraging the use of micronutrient supplements in farming.

Technological advancements in foliar sprays, chelated formulations, and nano-micronutrients are enhancing the bioavailability, absorption efficiency, and effectiveness of agricultural micronutrients. Collaborations between agrochemical companies, research institutions, and farming cooperatives are facilitating product innovation and knowledge dissemination. Increasing adoption of precision farming, IoT-enabled soil monitoring, and data-driven nutrient management is optimizing micronutrient usage and reducing environmental impact. Expansion of distribution channels, including agri-retail stores, cooperatives, and e-commerce platforms, is improving accessibility for farmers. With continuous innovation, rising focus on sustainable agriculture, and demand for high-quality crops, the agricultural micronutrients market in North America and Europe is poised for robust growth.

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North America and Europe Agricultural Micronutrients Market: Major Players

BASF SE, Nutrien Ag Solutions, Inc., The Mosaic Corp, Yara, Nufarm, Nouryon, Valagro, Stoller USA, Trade Corporation International and Haifa Negev Technologies LTD.

Segment Covered in the North America and Europe Agricultural Micronutrients Market:

By Product Type
The North America and Europe Agricultural Micronutrients Market is segmented into Boron, Copper, Iron, Molybdenum, Cobalt, Nickel, Zinc, Manganese, and Others. Zinc and Iron dominate due to their critical role in crop growth and yield improvement. Other micronutrients like Molybdenum and Cobalt are growing for specialty crop applications.

By Application
Applications include Fertigation, Foliar, Soil, Hydroponics, Seed Treatment, and Others. Fertigation and foliar applications hold the largest share because they enhance nutrient absorption and improve efficiency. Soil and hydroponics methods are expanding in precision farming and controlled environment agriculture.

By Form
Micronutrients are available in Chelated and Non-Chelated forms. Chelated forms dominate due to better solubility and bioavailability for crops. Non-chelated forms are used in cost-sensitive or large-scale soil applications.

By Crop Type
Key crop types include Cereals and Grains, Fruits and Vegetables, Oil Seeds, and Pulses. Cereals and grains dominate demand, followed by fruits and vegetables due to high-value nutrient supplementation. Oil seeds and pulses are growing with precision agriculture adoption.

By Distribution Channel
Distribution is segmented into Direct - Manufacturing Companies and Indirect - Other Distributors. Direct channels lead due to bulk sales to large farms and institutional buyers. Indirect channels are expanding via retail networks and agricultural input suppliers.

Regional Analysis

North America
North America holds around 40% of the market, led by the U.S., with strong adoption of precision agriculture and fertigation systems. Canada and Mexico contribute through high-value crop cultivation and micronutrient supplementation.

Europe
Europe accounts for roughly 60% of the market, driven by Germany, France, and the U.K., with stringent crop quality standards. Italy, Spain, and other European countries are adopting micronutrients to enhance yield and meet sustainability regulations.

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