Press release
Global Agriculture Micronutrients Market is Accounting for US$ 13,344.2 Million by 2024
Agriculture Micronutrients Market
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3825
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 global agriculture micronutrients market is anticipated to expand at a CAGR of 8.3% in terms of revenue from 2016 to 2024, to reach a market value of US$ 13,344.2 Mn by 2024.
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.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/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.
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
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
media@persistencemarketresearch.com
Web: 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 Global Agriculture Micronutrients Market is Accounting for US$ 13,344.2 Million by 2024 here
News-ID: 569424 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Agriculture
Indonesia Agriculture Market, Indonesia Agriculture Industry, Agriculture Grains …
Indonesia is world’s leading producer of palm oil as well as a leading global producer of other commodities such as rubber, cocoa, and coffee. Indonesia is a rich country in fertile land ideal for growing different ranges of crops for both export & domestic consumption. However, these are export crops that have come to direct land use and employment to take the advantage of peaks in global commodity prices. In…
Morocco Agriculture Market, Morocco Agriculture Industry, Agriculture Grains Mar …
Morocco is tremendously dependent on its agricultural sector. Moroccan agricultural production consists mainly of potatoes, sugar beet, oranges, wheat, tomatoes, olives, and olive oil. The significance of agriculture sector in the economy of Morocco and other countries is measured as the worth added of the agricultural sector as percent of Gross domestic product (GDP). Agriculture includes hunting, forestry, and fishing, as well as the cultivation of crops & livestock production.
According…
Philippines Agriculture Market, Philippines Agriculture Industry, Agriculture Gr …
The Philippines is primarily an agricultural country. Most populace lives in rural areas and support themselves through agriculture. Country’s agriculture sector is sub-divided into 4 key sub-sectors: fisheries, farming, livestock, and forestry that employ approximately 39.8 % of the labor-force and contribute 20 & of GDP. The fisheries sector is categorized into 3 sub-sectors: municipal, commercial, and aquaculture (cultivation of natural produce of bodies of water). Growing crops for the…
Zimbabwe Agriculture Market, Zimbabwe Agriculture Industry, Agriculture Grains M …
The Agriculture has always been of prodigious importance for Zimbabwe, as feeding the world’s largest populace is not a convenient task. The Zimbabwe government has been assisting the agriculture industry with a number of policies, exasperating to stabilize the output and seeking manners to ensure the sector is increasing healthily and sustainably. The Zimbabwe federal government has been greatly supportive of agriculture for decades, and there is wide-ranging political consensus…
Colombia Agriculture Market, Colombia Agriculture Industry, Agriculture Dairy Ma …
Agriculture has always been of excessive importance for the Colombia, as feeding the world’s prime population is not a calm task. The Colombia government has been associating the agriculture industry with a quantity of policies, vexing to stabilise the output and in search of ways to confirm the sector is growing healthily and sustainably. The Colombia federal government has been highly supportive of agriculture for decades, and there is wide-ranging…
Turkey Agriculture Market, Turkey Agriculture Industry, Agriculture Grains Marke …
Turkey’s agricultural economy is among the highest ten within the world, with half of the country consisting of agricultural land and nearly a quarter of the population utilized in agriculture. Turkey is a major producer of wheat, sugar beets, milk, poultry, cotton, tomatoes and different fruits and vegetables, and is that the high producer within the world for apricots and hazelnuts. As inputs to animal feed for its meat and…
