Press release
Agriculture Micronutrients Market to Value at 8.3% CAGR by 2024
According to the latest market report published by Persistence Market Research, titled “Global Market Study on Agriculture Micronutrients: Established Players Are Focusing to Strengthen Partnerships along the Value Chain to Gain Better Market Access over the Forecast Period 2016 - 2024,” the global agriculture micronutrients market was valued at US$ 6,576.9 Mn in 2015 and is anticipated to expand at a CAGR of 8.3% from 2016 to 2024, to reach a market value of US$ 13,344.2 Mn by 2024.
Currently, the agriculture micronutrients market is mainly driven by factors such as increasing the need for effective fertilizers due to poor soil quality and high demand for quality and uniform yield, due to increasing population across the globe. However, factors such as lack of awareness among farmers in developing countries regarding dosage and proper application of micronutrients are the major factor expected to restrain the growth of the global agriculture micronutrients market during the forecast period.
The agriculture micronutrients market is segmented on the basis of region into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. The Asia Pacific agriculture micronutrients market is expected to be the highest contributor to the overall global agriculture micronutrients market in terms of value share, followed by North America, by 2015 end. The MEA agriculture micronutrients market is expected to be the fastest growing market over the forecast period (2016–2024). Growth of the Asia Pacific agriculture micronutrients market is primarily attributed to the increasing agriculture contribution towards GDP. Moreover, rise in demand for effective fertilizers due to poor soil quality is also expected to support growth of the Asia Pacific agriculture micronutrients market over the forecast period. The North America agriculture micronutrients is expected to expand at a CAGR of 7.9% in terms of value over the forecast period (2016-2024). The Europe agriculture micronutrients market is expected to witness moderate growth over the forecast period, accounting for 13.7% value share of the overall market in 2015, and expanding at a moderate CAGR of 7.2% in terms of value over the forecast period (2016–2024).
The report provides detailed information about various market trends and offers analysis and insights into the potential of the agriculture micronutrients market globally. Furthermore, the agriculture micronutrients market is segmented on the basis of product type into boron, copper, iron, manganese, molybdenum, zinc, and others.
The zinc product type segment is expected to be the highest contributor to the agriculture micronutrients market in terms of value share, followed by the boron segment by 2016 end. The molybdenum product type segment is expected to be the fastest growing segment in the overall market over the forecast period (2016–2024). The segment is expected to expand at a CAGR of 10.2% over the forecast period in terms of revenue.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/agriculture-micronutrients-market/toc
On the basis of application, the global agriculture micronutrients market is segmented into fertigation, foliar, soil, seed treatment and others.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3825
Key players in the global agriculture micronutrients market include ADAMA Agricultural Solutions Ltd., Agrium Inc., Akzo Nobel N.V., Auriga Industries A/S, BASF SE, Bayer Crop, Compass Minerals International Inc., E. I. DUPONT DE NEMOURS AND COMPANY, Land O’Lakes Inc. Monsanto Co., Nufarm Limited, Sumitomo Chemical Co., Ltd., Syngenta International AG, The Dow Chemical Co., The Mosaic Company, Yara International ASA, ATP Nutrition, Baicor, L.C., Brandt Consolidated Inc., Grow More Inc., Kay-Flo, Micnelf USA Inc., Nutra-Flo Company (K- Flo), Stoller USA, Inc., Verdesian Life Sciences, LLC, Merck KGaA, and Sigma-Aldrich Corporation.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/3825
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Agriculture Micronutrients Market to Value at 8.3% CAGR by 2024 here
News-ID: 484018 • Views: …
More Releases from Persistence Market Research
Plastic Additives Market Size Valued at USD 51.3 Billion in 2025, Expected to Re …
The global plastic additives market is an essential component of the modern industrial ecosystem, influencing sectors such as packaging, automotive, construction, electronics, and consumer goods. Plastic additives are substances that are incorporated into polymers to enhance their properties and performance. These additives improve the flexibility, durability, thermal stability, and resistance of plastics, making them suitable for a wide range of applications. The market continues to evolve as technological innovations, sustainability…
Plastic Card Market Size to Reach US$ 23.8 Bn by 2032, Driven by Rising Demand f …
The plastic card market is witnessing steady growth, supported by technological advancements in payment systems and the increasing adoption of digital financial transactions worldwide. According to the latest study by Market Overview
Persistence Market Research, the global plastic card market size is likely to be valued at US$ 16.4 billion in 2025 and is projected to reach US$ 23.8 billion by 2032, expanding at a CAGR of 5.5% during the forecast…
Isoprene Rubber Latex Market to Reach US$1,242.6 Million by 2032, Driven by Risi …
Market Overview
The isoprene rubber latex market is poised for significant expansion over the coming years, propelled by its rising applications in the medical, industrial, and consumer goods sectors. According to the latest study by Persistence Market Research, the global market for isoprene rubber latex is expected to be valued at US$789.2 million in 2025 and is projected to reach US$1,242.6 million by 2032, expanding at a CAGR of 6.7% from…
Polyester Medical Films Market to Reach US$ 2.9 Billion by 2032 - Persistence Ma …
The global polyester medical films market is evolving rapidly, driven by the rising demand for advanced medical devices, diagnostic applications, and innovative packaging solutions. Polyester medical films have become a preferred material in healthcare because of their excellent strength, clarity, chemical resistance, and biocompatibility. As the healthcare sector continues to expand globally, these films play a crucial role in improving product performance, shelf life, and patient safety.
Get a Sample PDF…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
