Agricultural Micronutrients Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

Agricultural micronutrients are essential materials that regulate certain activities in crops to upsurge the yield and improvise their quality. These agricultural micronutrients help in preventing and protecting crops from infections and insects, guaranteeing the appropriate growth of crops.

Market Dynamics

Increasing demand for biofuels and increasing soil deficiency are some of the major factors driving the growth of this market. Seasonal fluctuations and climate changes are halting the growth of market at some extent. Increasing need for effective fertilizers due to deprived soil quality and rising demand for quality as a result of growing population across the world are expected to offer great opportunities to agricultural micronutrients market during years to come.

Market Classification and Overview

This market can be bifurcated on the basis of different parameter such as type, application, crop type, form, and geography. By type, agricultural micronutrients market can be classified into zinc, copper, boron, iron, manganese, molybdenum, and among others such as nickel and chloride. Different applications of agricultural micronutrients are soil, foliar, and fertigation. By crop type, agricultural micronutrients market can be segmented into cereals, oilseeds & pulses, and fruits & vegetables among others. Further, cereals are segmented into rice, wheat, corn; oilseeds & pulses is sub segmented into soybeans, dry peas, beans, others such as canola and sunflower; fruits & vegetables are sub divided into brassica, cucurbit, leafy, root-bulb, solanaceae, and others such as floriculture crops, permanent crops, pastures, grasslands, and other cultivations. On the basis of geography, the agricultural micronutrients market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market	Agricultural Micronutrients Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	Type, Application, Crop Type, Form, Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Some of the major players involved in agricultural micronutrients market include BASF, Dow Chemical, AkzoNobel, Agrium, Land O’Lakes, Yara International, The Mosaic Company, and Helena Chemical Company among others.

Market Segmentation

Market By Type

• Zinc
• Copper
• Boron
• Iron
• Manganese
• Molybdenum
• Others (Nickel and Chloride)

Market By Application

• Soil
• Foliar
• Fertigation

Market By Crop Type

• Cereals
  • Rice
  • Wheat
  • Corn
• Oilseeds & Pulses
  • Soybeans
  • Dry Peas
  • Beans
  • Others (Canola and Sunflower)
• Fruits & Vegetables
  • Brassica
  • Cucurbit
  • Leafy
  • Root-bulb
  • Solanaceae
• Others (Floriculture Crops, Permanent Crops, Pastures, Grasslands, And Other Cultivations)

Market By Form

• Chelated
  • Ethylenediaminetetraacetic acid (EDTA)
  • Ethylenediamine Di-2-hydroxyphenyl acetate (EDDHA)
  • Diethylenetriaminepentaacetic acid (DTPA)
• Non-chelated

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA