North America and Europe Agricultural Micronutrients Market to hit US$ 2.85 Billion by 2031 | Top Companies - BASF SE, Nutrien Ag Solutions, Inc., The Mosaic Corp

Leander, Texas and Tokyo, Japan - Jan.30.2026
As per DataM intelligence research report "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."

The market is driven by soil nutrient deficiencies and demand for high crop productivity. Zinc, boron, and iron-based micronutrients dominate adoption. Cereals and oilseeds are major crops. Sustainable farming practices and regulatory support fuel growth.

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North America and Europe Agricultural Micronutrients Market: Competitive Intelligence
BASF SE, Nutrien Ag Solutions, Inc., The Mosaic Corp, Yara, Nufarm, Nouryon, Valagro

The North America and Europe Agricultural Micronutrients Market is being significantly reinforced by the combined presence of BASF SE, Nutrien Ag Solutions, Inc., The Mosaic Corp, Yara, Nufarm, Nouryon, and Valagro, as these companies collectively enhance crop nutrition, yield optimization, and soil health management. Their portfolios provide essential micronutrients that address deficiencies, improve plant resilience, and support sustainable farming practices across diverse crop types. By integrating advanced formulation technologies, precision application methods, and regulatory compliance, these companies contribute to the growth, reliability, and modernization of the North America and Europe Agricultural Micronutrients Market, meeting increasing demand for high-quality agricultural outputs and environmentally responsible practices.

The complementary strengths of these companies create strong market momentum by combining global scale with specialized innovation in the North America and Europe Agricultural Micronutrients Market. BASF SE, Yara, and The Mosaic Corp bring extensive R&D capabilities, wide product portfolios, and established distribution networks that ensure consistent supply across major agricultural regions. Nutrien Ag Solutions, Nufarm, Nouryon, and Valagro contribute tailored micronutrient formulations, specialty blends, and precision agriculture solutions that address specific crop and soil requirements. Together, this blend of global reach, technical expertise, and localized customization accelerates adoption, enhances crop performance, and reinforces competitive differentiation within the market.

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Fund Raisings

✅ January 2026 - Nutrien Ltd. (North America)
Nutrien Ltd. allocated strategic investment to expand its agricultural micronutrients production and formulation capabilities. The funding supports enhanced zinc, boron, and chelated micronutrient solutions.

✅ December 2025 - Yara International ASA (Europe)
Yara International directed capital investment toward strengthening its specialty micronutrient portfolio. The initiative focuses on sustainable crop nutrition and efficiency-driven fertilizer technologies.

✅ November 2025 - ICL Group Ltd. (Europe)
ICL Group invested growth capital to scale advanced micronutrient blends for European agriculture. The funding enhances innovation in precision nutrient delivery systems.

Product Launches & Partnerships

✅ January 2026 - BASF SE (Europe)
BASF launched a new range of agricultural micronutrients designed to improve crop resilience and yield performance. The products target soil nutrient deficiencies across major European crops.

✅ December 2025 - Corteva Agriscience (North America)
Corteva introduced advanced micronutrient formulations integrated with digital agronomy tools. The launch supports precision farming and optimized nutrient application.

✅ October 2025 - Syngenta Group (Europe)
Syngenta unveiled next-generation micronutrient solutions for cereals and oilseeds. The products focus on enhanced bioavailability and sustainable crop nutrition.

Mergers & Acquisitions

✅ January 2026 - Nutrien Ltd. (North America)
Nutrien expanded its specialty crop nutrition portfolio through acquisition of a micronutrient technology company. The move strengthens its position in high-value agricultural inputs.

✅ November 2025 - ICL Group Ltd. (Europe)
ICL Group acquired a regional micronutrient manufacturer to broaden its European market presence. The acquisition enhances product customization and distribution reach.

✅ October 2025 - Yara International ASA (Europe)
Yara completed a strategic acquisition to advance its agricultural micronutrients and soil health solutions. The deal supports long-term growth in sustainable agriculture inputs.

Segment Covered in the North America and Europe Agricultural Micronutrients Market:
By Product Type
The market is segmented into boron 10%, copper 10%, iron 15%, molybdenum 5%, cobalt 5%, nickel 5%, zinc 20%, manganese 15%, and others 15%, with zinc and iron dominating due to high demand for crop yield improvement and soil enrichment. Boron, copper, and manganese show steady growth in specialty crops. Advances in crop nutrition and sustainable farming practices drive market adoption.

By Application
Applications include fertigation 35%, foliar 25%, soil 20%, hydroponics 10%, seed treatment 5%, and others 5%, with fertigation dominating due to precise nutrient delivery and efficiency in large-scale farming. Foliar and soil applications are growing across cereals, grains, fruits, and vegetables. Hydroponics and seed treatment are emerging with controlled-environment agriculture. Adoption is driven by higher crop productivity and nutrient efficiency.

By Form
Forms include chelated 60% and non-chelated 40%, with chelated micronutrients dominating due to higher nutrient bioavailability and better absorption by plants. Non-chelated forms are growing in cost-sensitive farming applications. Technological improvements and awareness of micronutrient benefits drive adoption.

By Crop Type
Crop types include cereals and grains 40%, fruits and vegetables 25%, oil seeds 20%, and pulses 15%, with cereals and grains dominating due to large-scale cultivation and nutrient demand. Fruits and vegetables and oil seeds show strong growth, especially in Europe. Pulses are emerging segments with specialized nutrient requirements.

By Distribution Channel
Distribution channels include direct - manufacturing companies 55% and indirect - other distributors 45%, with direct channels dominating due to strong manufacturer relationships with large farms and agricultural cooperatives. Indirect channels are growing through agro-retailers and e-commerce platforms. Ease of supply and reliable sourcing support market expansion.

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Regional Analysis
North America - 50% Share
North America leads with 50% share due to adoption in the U.S., Canada, and Mexico. Zinc and iron dominate product types, while fertigation and foliar applications lead usage. Chelated forms are widely used. Cereals and grains, along with fruits and vegetables, are primary crops. Direct distribution channels dominate. Strong agricultural R&D, precision farming adoption, and regulatory support drive growth.

Europe - 50% Share
Europe holds 50% share driven by adoption in Germany, U.K., France, Italy, Spain, and Rest of Europe. Zinc, iron, and manganese dominate. Fertigation, foliar, and soil applications are widely used. Chelated micronutrients lead. Cereals, grains, fruits, and vegetables are key crops. Direct and indirect channels are balanced. Sustainable farming policies, soil health initiatives, and advanced agricultural practices drive adoption.

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