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Agricultural Micronutrients Market

Agricultural Micronutrients Market

Agricultural Micronutrients Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

134

Base Year:

2022

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1366

Segments Covered
  • By Type By Type Zinc, Boron, Iron, Manganese, Molybdenum, Others (Chlorine and Nickel)
  • By Crop Type By Crop Type Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Others (Turfs, ornamentals, plantation crops, forages, and fiber crops)
  • By Form By Form Chelated, Non-Chelated
  • By Application By Application Soil, Foliar, Fertigation, Others (Seed treatment, trunk injection, and implantation)
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 4229.28 Million
Revenue 2030Revenue 2030: USD 7828.10 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 8.00%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Agricultural Micronutrients Market by Type by Crop Type by Form by Application - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. 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 fulfills data requirements pertaining to first-hand information global market size, regional and segmental trends, competitive landscape expertise development and market understandings among others. 

Data Triangulation and Market Size Estimations

Top-down and bottom-up approaches are used to validate and estimate the market size of the Agricultural Micronutrients market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. 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.  

FAQ
Frequently Asked Question
  • The global Agricultural Micronutrients valued at USD 4229.28 Million in 2022 and is expected to reach USD 7828.10 Million in 2030 growing at a CAGR of 8.00%.

  • The prominent players in the market are BASF SE (Germany), AkzoNobel (Netherlands), Nutrien, Ltd.(Canada), Nufarm (Australia), Coromandel International Ltd. (India), Helena Chemical Company (US), Yara International ASA (Norway), The Mosaic Company (US), Haifa Group (Israel), Sapec SA (Belgium), Compass minerals international (US), Valagro (Italy), Zuari Agrochemicals Ltd (India), Stoller Enterprises Inc (US), Balchem (US), ATP Nutrition (Canada), Baicor LC (US), Corteva Inc (US), and BMS Micronutrient NV (Belgium)..

  • The market is project to grow at a CAGR of 8.00% between 2023 and 2030.

  • The driving factors of the Agricultural Micronutrients include

    • increasing micronutrient deficiencies in the soil and rising awareness about food security

  • Asia Pacific was the leading regional segment of the Agricultural Micronutrients in 2022.