Weather , , 0°C

Agricultural Micronutrients Market Size Worth USD 6.9 Billion at CAGR of 8.6%, By 2028 | Reports and Data.

 Breaking News
  • No posts were found

Agricultural Micronutrients Market Size Worth USD 6.9 Billion at CAGR of 8.6%, By 2028 | Reports and Data.

May 05
21:30 2021
Agricultural Micronutrients Market Size Worth USD 6.9 Billion at CAGR of 8.6%, By 2028 | Reports and Data.

Agricultural Micronutrients Market
Agricultural Micronutrients Market Size – USD 3.7 Billion in 2020, Market Growth – at a CAGR of 8.6%, Market Trends –Growing awareness regarding food security

Rapid decline in arable land and mounting pressure to increase crop productivity is fueling market growth

Market Size – USD 3.7 Billion in 2020, Market Growth – at a CAGR of 8.6%, Market Trends –Growing awareness regarding food security

The global Agricultural Micronutrients Market is expected to reach a value of USD 6.9 Billion by 2028 and register a CAGR of 8.6%, according to the latest report by Reports and Data. Micronutrients including iron, copper, zinc, and boron are considered essential for plants growth. Micronutrient deficiency can result in numerous plant diseases, reducing quantity and quality of crops and yield. Growing preference for genetically modified seeds globally is a primary factor supporting revenue growth of the agricultural micronutrients market and the trend is expected to continue going forward.

Rising use of special chemical fertilizers is augmenting demand for micronutrients as it aids in protecting crops from UV radiation, insects, and parasites, and promotes increased yield. Demand for zinc is increasing across various regions, particularly countries in Asia Pacific. Due to zinc deficiency in soil, agricultural crop productivity and yield decreases over time. Therefore, growing number of companies are focusing on offering zinc as a major micronutrient for application in different types of soils to enhance agricultural crop production and yield. However, factors including broad irrigation facilities, rising use of chemical fertilizers, and mining of micronutrient reserves are leading to global shortage of micronutrients, which could hamper market growth to some extent in the long run.

Major manufacturers in the agricultural micronutrients market include AkzoNobel (Netherlands), BASF SE (Germany), Nutrien, Ltd. (Canada), The Mosaic Company (US), Yara International ASA (Norway), Valagro (Italy), and Compass minerals international (US).


Get a sample of the report @
https://www.reportsanddata.com/sample-enquiry-form/3935

Some key findings in the report

  • Zinc biofortification is considered an appropriate solution for addressing deficiencies, especially in human health. Rising demand for zinc biofortification is a primary factor driving revenue growth of this segment, and the trend is expected to continue over the forecast period.
  • Asia Pacific is expected to register the largest revenue share in the industry during the forecast period. Revenue growth of the market in the region is attributed to increasing crop cultivation, rising interest of consumers in high quality and healthy food, and growing awareness regarding benefits and advantages of agricultural micronutrients among farmers in emerging economies, including India and China.
  • Major manufacturers in the agricultural micronutrients market include AkzoNobel (Netherlands), BASF SE (Germany), Nutrien, Ltd. (Canada), The Mosaic Company (US), Yara International ASA (Norway), Valagro (Italy), and Compass minerals international (US).


To identify the key trends in the industry, click on the link below: @
https://www.reportsanddata.com/report-detail/agricultural-micronutrients-market

For the purpose of this report, Reports and Data has segmented the global agricultural micronutrients market on the basis of type, mode of application, form, crop type, and region:


Type Outlook (Revenue, USD Billion, 2018 – 2028)

  • Zinc
  • Boron
  • Iron
  • Manganese
  • Molybdenum
  • Others (Chlorine and Nickel)


Crop Type Outlook (Revenue, USD Billion, 2018 – 2028)

  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Others (Turfs, ornamentals, plantation crops, forages, and fiber crops)


Form Outlook (Revenue, USD Billion, 2018 – 2028)

  • Chelated
  • Non-Chelated


Mode of Application Outlook
 (Revenue, USD Billion, 2018 – 2028)

  • Soil
  • Foliar
  • Fertigation
  • Others (Seed treatment, trunk injection, and implantation)


Regional Outlook (Revenue, USD Billion, 2018 – 2028)

  • North America
  • Europe
  • Asia-Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)


Order Now: @
https://www.reportsanddata.com/checkout-form/3935

Table of Content:

Chapter 1 Introduction 
    1.1 Objectives Of The Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Regional Segmentation
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Unit Considered
    1.7 Stakeholders
Chapter 2 Research Methodology 

    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown Of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations Of The Study
Chapter 3 Executive Summaries 
Chapter 4 Premium Insights 
   
4.1 Opportunities In The Agricultural Micronutrients Market
    4.2 Agricultural Micronutrients Market, By Form
    4.3 Asia Pacific: Agricultural Micronutrients Market, By Form & Key Country
    4.4 Agricultural Micronutrients Market, By Crop Type & Region
    4.5 Key Markets, By Key Country

Chapter 11 Competitive Landscape 
     11.1 Overview
     11.2 Company Ranking
     11.3 Competitive Leadership Mapping
             11.3.1 Dynamic Differentiators
             11.3.2 Innovators
             11.3.3 Visionary Leaders
             11.3.4 Emerging Companies
     11.4 Competitive Leadership Mapping (For Smes/Start-Ups)
             11.4.1 Progressive Companies
             11.4.2 Starting Blocks
             11.4.3 Responsive Companies
             11.4.4 Dynamic Companies
     11.5 Competitive Scenario
             11.5.1 New Product Launches
             11.5.2 Expansions
             11.5.3 Mergers & Acquisitions
             11.5.4 Agreements
Chapter 12 Company Profiles 

     12.1 Basf Se
     12.2 Akzonobel (Nouryon)
     12.3 Nutrien Ltd.
     12.4 Nufarm
     12.5 Yara International Asa
     12.6 Coromandel International Ltd.
     12.7 Land O¡¯ Lakes
     12.8 Helena Chemical Company
     12.9 The Mosaic Company
     12.10 Haifa Group

Continue…..

Thank you for reading our report. For further query on the report and customization, please connect with us. Our team will ensure you get the report best suited for your needs.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Media Contact
Company Name: Reports and Data
Contact Person: John Watson
Email: Send Email
Phone: +1-212-710-1370
Address:40 Wall St. 28th floor
City: New York City
State: NY 10005
Country: United States
Website: https://www.reportsanddata.com/press-release/global-agricultural-micronutrients-market

Related Articles

Calendar

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930  

Categories