Agricultural Micronutrients Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
Study on Agricultural Micronutrients Market highlights key players such as BASF, DOW Chemical, Akzonobel, Agrium, Land O’lakes, Yara International, The Mosaic Company, Helena Chemical Company, Nufarm, Coromandel International, Haifa Chemicals, Sapec S.A.
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The agricultural micronutrients market has grown rapidly in the last few years and is estimated to reach USD 5.83 billion by 2017. It is projected to reach USD 8.81 billion by 2022 at a CAGR of 8.60% from 2017, in terms of value.
The agricultural micronutrients market is driven by increased awareness among growers about the benefits of micronutrients, shrinkage of agricultural land, and effectiveness of micronutrients for crop yield and productivity.
The lack of awareness among farmers and critical application doses of micronutrients are the restraining factors for the agricultural micronutrients market.
In 2016, the zinc segment accounted for the largest share of the agricultural micronutrients market in terms of value. Zinc plays an important role in the growth of plants as it regulates auxin, a vital growth hormone in pollen formation.
It also acts as an enzyme activator in protein synthesis and is involved in the regulation and consumption of sugars which enhance the global zinc consumption in agricultural micronutrients.
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Key Points From Table Of Content:
6 Agricultural Micronutrients Market, By Type
7 Agricultural Micronutrients Market, By Crop Type
7.2.1 Cereals Market, By Type
7.3 Oilseeds & Pulses
7.3.1 Oilseeds & Pulses Market, By Type
7.4 Fruits & Vegetables
7.4.1 Fruits & Vegetables Market, By Type
8 Agricultural Micronutrients Market, By Form
8.2.1 Ethylenediaminetetraacetic Acid (EDTA)
8.2.2 Ethylenediamine Di-2-Hydroxyphenyl Acetate (EDDHA)
8.2.3 Diethylene Triamine Pentaacetic Acid (DTPA)
9 Agricultural Micronutrients Market, By Mode of Application
9.5.1 Seed Treatment
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The agricultural micronutrients market is segmented on the basis of type, crop type, and mode of application, form, and key regions. On the basis of type, the market is segmented into zinc, copper, boron, manganese, molybdenum, and others (nickel and chloride).
The crop type segment comprises cereals, oilseeds & pulses, fruits & vegetables, and others (floriculture crops, permanent crops, pastures, grasslands, and other cultivations). The form segment is further segmented into cheated and non-chelated.
The mode of application segment is divided into soil, foliar, fustigation, and others (seed treatment and hydroponics). On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW).
The report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, competitive leadership mapping, recent developments, and key market strategies.
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