Agricultural Micronutrients Market Leading Key Players, Opportunity and Forecast To 2027

Agriculture micronutrients are essential plant nutrients added to the soil in small quantities. Boron, iron, zinc, molybdenum and manganese are some of the commonly used agricultural micronutrients. They are utilized to increase the yield and quality of agricultural products and are found in non-chelated and chelated forms.

The global agricultural micronutrients market size reached US$ 4.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a growth rate (CAGR) of 8.56% during 2022-2027.

They also provide the essential nutrients required for optimal plant growth and development. They are widely used with soil, fertigation systems and foliar sprays. Micronutrients are mixed with dry and liquid fertilizers to provide uniform distribution of nutrients and promote plant metabolism.

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Agricultural Micronutrients Market Trends:

The global agricultural micronutrients market is primarily being driven by the rising incidences of micronutrient deficiency in the soil. Agricultural micronutrients are essential for the overall growth of the plant, especially in soil with low organic matter and high calcium carbonate content. Moreover, the widespread adoption of zinc chelate-based agricultural products is providing a thrust to the market growth as zinc is essential for the production of auxins that facilitate growth and stem elongation in plants. Other factors, including the widespread utilization of fertilizers enriched with micronutrients for protection against insects and ultraviolet (UV) radiations, along with the implementation of favorable government policies promoting the use of environment-friendly agrochemicals, are anticipated to drive the market toward growth.

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players:

  • ATP Nutrition (Concentric Agriculture Inc.)
  • Balchem Corporation
  • Compass Minerals International
  • Coromandel International Ltd. (Murugappa Group and EID Parry)
  • Corteva Inc.
  • Helena Agri-Enterprises LLC (Marubeni Corporation)
  • Nufarm Canada, Stoller USA Inc.
  • The Mosaic Company
  • Valagro SpA (Syngenta Crop Protection AG)
  • Yara International ASA
  • Zuari Agro Chemicals Ltd.

Key Market Segmentation:

The report has categorized the market based on type, crop type, form, application and region.

Breakup by Type:

  • Zinc
  • Boron
  • Iron
  • Manganese
  • Molybdenum
  • Others

Breakup by Crop Type:

  • Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Others

Breakup by Form:

  • Chelated
  • Non-Chelated

Breakup by Application:

  • Soil
  • Foliar
  • Fertigation
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key Highlights of The Report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

1   Preface
2   Scope and Methodology

    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1   Overview
    4.2   Key Industry Trends
5   Global Agricultural Micronutrients Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6   Market Breakup by Type
    6.1   Zinc
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2   Boron
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3   Iron
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4   Manganese
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5   Molybdenum
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6   Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Crop Type
    7.1   Cereals
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2   Pulses and Oilseeds
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3   Fruits and Vegetables
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4   Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Form
    8.1   Chelated
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2   Non-Chelated
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Application
    9.1   Soil
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2   Foliar
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3   Fertigation
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4   Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10   Market Breakup by Region
    10.1   North America
        10.1.1   United States
   Market Trends
   Market Forecast
        10.1.2   Canada
   Market Trends
   Market Forecast
    10.2   Asia-Pacific
        10.2.1   China
   Market Trends
   Market Forecast
        10.2.2   Japan
   Market Trends
   Market Forecast
        10.2.3   India
   Market Trends
   Market Forecast
        10.2.4   South Korea
   Market Trends
   Market Forecast
        10.2.5   Australia
   Market Trends
   Market Forecast
        10.2.6   Indonesia
   Market Trends
   Market Forecast
        10.2.7   Others
   Market Trends
   Market Forecast
    10.3   Europe
        10.3.1   Germany
   Market Trends
   Market Forecast
        10.3.2   France
   Market Trends
   Market Forecast
        10.3.3   United Kingdom
   Market Trends
   Market Forecast
        10.3.4   Italy
   Market Trends
   Market Forecast
        10.3.5   Spain
   Market Trends
   Market Forecast
        10.3.6   Russia
   Market Trends
   Market Forecast
        10.3.7   Others
   Market Trends
   Market Forecast
    10.4   Latin America
        10.4.1   Brazil
   Market Trends
   Market Forecast
        10.4.2   Mexico
   Market Trends
   Market Forecast
        10.4.3   Others
   Market Trends
   Market Forecast
    10.5   Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11   SWOT Analysis
    11.1 Overview
    11.2 Strengths
    11.3 Weaknesses
    11.4 Opportunities
    11.5 Threats
12   Value Chain Analysis
13   Porters Five Forces Analysis

    13.1   Overview
    13.2   Bargaining Power of Buyers
    13.3   Bargaining Power of Suppliers
    13.4   Degree of Competition
    13.5   Threat of New Entrants
    13.6   Threat of Substitutes
14   Price Analysis
15   Competitive Landscape

    15.1   Market Structure
    15.2   Key Players
    15.3   Profiles of Key Players
        15.3.1   ATP Nutrition (Concentric Agriculture Inc.)
   Company Overview
   Product Portfolio
        15.3.2   Balchem Corporation
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.3   BASF SE
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.4   Compass Minerals International
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.5   Coromandel International Ltd. (Murugappa Group and EID Parry)
   Company Overview
   Product Portfolio
        15.3.6   Corteva Inc.
   Company Overview
   Product Portfolio
        15.3.7   Helena Agri-Enterprises LLC (Marubeni Corporation)
   Company Overview
   Product Portfolio
        15.3.8   Nufarm Canada
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.9   Stoller USA Inc.
   Company Overview
   Product Portfolio
        15.3.10   The Mosaic Company 
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.11   Valagro SpA (Syngenta Crop Protection AG)
   Company Overview
   Product Portfolio
        15.3.12   Yara International ASA
   Company Overview
   Product Portfolio
   SWOT Analysis
        15.3.13   Zuari Agro Chemicals LTD
   Company Overview
   Product Portfolio

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