Agricultural Chelates Market
Agricultural Chelates Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Dec - 2021
VMR-2021-1073
Segments Covered
By
Type EDTA, EDDHA, DTPA, IDHA, Others
-
By
Mode of Application Soil application, Seed dressing, Foliar sprays, Fertigation, Others
-
By
Crop Type Cereals and grains, Oilseeds and pulses, Fruits & vegetables, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.81 Billion |
 Revenue 2028:
|
3.41 Billion |
 Revenue CAGR
(2021 - 2028): |
8.23% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Agricultural Chelates Market - Global Market Assessment, 2021 - 2028
Vantage Market Research employs a robust methodology that involves extensive secondary and primary research. The research process involves the exhaustive study of several factors impacting industry dynamics such as competitive landscape, government policies, historical outlook, current market scenario, and other macro/micro factors. The whole research process is divided into three stages namely: Secondary Research, Primary Research, and Data Triangulation. The ratio of the resources involved in each stage differs as per the data availability for a particular section of the report or as per the market dynamics. We have conducted more than 120 primary interviews for this research study through mail and calls. The company’s robust methodology ensures a tangible representation of the market along with reliable, valued, vigorous, and actionable data analysis that would help industry stakeholders to make key business decisions.
Secondary Research
Primary Research:
During the primary research, several interviews were conducted with industry experts including CEOs, presidents, marketing executives, product development teams, and other such key executives from Agricultural Chelates industry. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview enables to gain first-hand information on global market size, regional and segmental trends, competitive landscape, industry impacting factors, and future market projection trends among others.
Data Triangulation and Market Size Estimations
After procuring data from secondary and primary research, both bottom-up and top-down approaches were utilized to process the data and estimate and validate the global Agricultural Chelates market size. Moreover, the same approaches were employed to estimate the market size for each segment/region/country. Apart from that, the data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. All the market numbers i.e. percentage shares, segmental splits, breakdown of various numbers were determined from secondary sources and validated through extensive primary research before data triangulation.
FAQ
Frequently Asked Question
What is the global demand for Agricultural Chelates in terms of revenue?
-
The global Agricultural Chelates valued at 1.81 Billion in 2020 and is expected to reach 3.41 Billion in 2028 growing at a CAGR of 8.23%%.
Which are the prominent players in the market?
-
The prominent players in the market are BASF SE, Nouryon, The Dow Chemical Company, Yara International, ICL, Haifa Chemicals Ltd., Syngenta, Nufarm Ltd., Aries Agro Ltd., The Andersons, Inc., ATP nutrition, Manvert, BMS-Micronutrients NV.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.23%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Agricultural Chelates include
- The rise in demand for high-value crops and rapid growth in greenhouse vegetable production is anticipated to augment the growth of the agricultural chelates market over the forecast period. This is owing to the increasing health consciousness among consumers and rising disposable income due to the growing economy. Furthermore, the use of agricultural chelates to reduce soil degradation due to excessive crop cultivation is also expected to fuel the growth of the market in the years to come.
- The increase in adoption of precision-farming technology and development of biodegradable chelates along with strong growth in fertilizer consumption in emerging economies is further anticipated to support the market growth over the forecast period. This is attributable to the increase in population density across the globe.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Agricultural Chelates in 2020.
