The report on the Global Agricultural Micronutrients Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Agricultural micronutrients are the fundamental inputs of micronutrients to the agricultural soil/land to make it more productive. Boron, Chloride, Copper, Iron, Manganese, Molybdenum, Nickel and Zinc are referred to as agricultural micronutrients. Agricultural micronutrients control the physiological activities in crops and give productive output. These nutrients are very essential for normal growth and optimum yield of the crops. Their deficiency can lead to stressed growth and may shows symptoms similar to salinity or drought.
Chelated micronutrients are those inorganic nutrients that are enclosed by an organic molecule, which prevents their interaction with ions in alkaline soil, thus making them available to plants. They are useful for alkaline soils and foliar applications. When applied as a foliar spray, chelated micronutrients can easily penetrate a leaf's waxy coating; enter into the plant tissue to restore any deficiencies. Contrary to that, non-chelated micronutrients take a long time to compensate for the persisting deficiencies. The chelated micronutrients are expensive, but they are very effective and hence they are in huge demand.
Global agricultural micronutrients market can be segmented based on types of micronutrients used for agriculture. These micronutrients are Zinc, Copper, Boron, Iron, Manganese, Molybdenum, and others including Nickel, Chloride, and Cobalt. Based on crop types, or the crops on which agricultural micronutrients are applied, there can be micronutrients for cereals & grains, fruits and vegetables, oilseeds and pulses or they can be used in floriculture/plantation. Based on forms, agricultural micronutrients can be classified as chelated or non-chelated micronutrients. Agricultural micronutrients find applications in soil, fertigation, foliar, seed treatment and hydroponics.
Depleting concentration of agricultural micronutrients in the soil is one of the major driving forces for the global agricultural micronutrients market. Moreover, land shrinkage and increasing food demand due to increasing population is forcing the farmers to increase the per capita yield, thus fuelling the agricultural micronutrients market.
North America, Europe, Asia-Pacific are the leaders in the global agricultural micronutrients market. Asia Pacific is expected to be the major market for agricultural micronutrients, especially for Molybdenum.
Leading companies in this field include
SEGMENTATIONS IN REPORT:
Agricultural Micronutrients By Types:
- Yara International Ltd.
- BASF SE
- Agrium Inc.
- Auriga Industries Ltd.
- The Mosaic Company
- Coromandel International Ltd.
- Haifa Chemicals Ltd.
- Sapec SA
Agricultural Micronutrients By Crop Types:
- Others (Chlorine, Nickel, And Cobalt)
Agricultural Micronutrients By Forms:
- Cereals And Grains
- Fruits And Vegetables
- Oilseeds And Pulses
- Others (Floriculture, Plantation, Etc.)
Agricultural Micronutrients By Applications:
- Chelated Agricultural Micronutrients
- Non-Chelated Agricultural Micronutrients
Agricultural Micronutrients By Geography:
- Other (Including Seed Treatment And Hydroponics)
The Global Agricultural Micronutrients Market has been exhibited in detail in the following chapters -
- Asia Pacific
- North America
- Latin America
Chapter 1 Agricultural Micronutrients Market Preface
Chapter 2 Executive Summary
Chapter 3 Agricultural Micronutrients Industry Analysis
Chapter 4 Agricultural Micronutrients Market Value Chain Analysis
Chapter 5 Agricultural Micronutrients Market Analysis By Types
Chapter 6 Agricultural Micronutrients Market Analysis By Crop Types
Chapter 7 Agricultural Micronutrients Market Analysis By Forms
Chapter 8 Agricultural Micronutrients Market Analysis By Applications
Chapter 9 Agricultural Micronutrients Market Analysis By Geography
Chapter 10 Competitive Landscape Of Agricultural Micronutrients Companies
Chapter 11 Company Profiles Of Agricultural Micronutrients Industry