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Agricultural Micronutrients Market Size, Share and Forecast 2026

(Entertainment-NewsWire.com, September 16, 2019 ) Market Overview

• The Global Agricultural Micronutrients Market was valued at USD xx million in 2018, USD xx million in 2018, and is estimated to reach USD xx million by 2026, with a CAGR of xx% during the period (2019-2026).

• Micronutrients are essential for plant growth and play an essential role in balanced crop nutrition.

• Lack of any of the micronutrients can limit soil growth even when all other nutrients are present in adequate amounts.





Market Dynamics

• The market is driven by several factors such as micronutrient deficiency, growing food demand, shrinking farmland and focus on agricultural productivity.

• But the market is restrained by factors such as lack of awareness, diagnosis issues, and micronutrient toxicity.

• The demand for food is increasing as the population works rapidly. To meet the requirement of a growing population, agriculture production is expanding by using new and improvised techniques.

• Growing urbanization and less availability of arable land are motivating farmers to adopt efficient crop protection techniques such as the application of micronutrients.

• Within the 13 billion hectares of total land, only 1.6 billion is under farmland production; 36% of that land is in Europe, the Middle East, and Africa, 39% in the Asia Pacific, 15% in North America and the remaining 10% in Latin America.

• The most potent forces driving demand for agriculture micronutrients include the need for crop intensification. FAO estimates suggest that ~80% of crop production growth by 2050 is expected to come from higher yields.

• However, the land available for farming will also have to expand, which is difficult in the present scenario.



Market Segmentation

Agricultural Micronutrients market has the following segments:



By Type

o Boron

o Copper

o Iron

o Manganese

o Molybdenum

o Zinc

o Others

By Application

o Fertigation

o Foliar

o Soil

o Others

By Form

o Chelated

o Non- Chelated

By Crop Type

o Cereals

o Fruits & Vegetables

o Oilseeds & Pulses

o Others



Geographical Analysis

• North America

• Europe

• South America

• Asia Pacific

• The Middle East and Africa



Key Companies

The report profiles the following companies, which include

• Agrium Inc.

• Akzonobel N.V.

• Auriga Industries A/S

• BASF SE

• Coromandel International Ltd.

• Haifa Chemicals Ltd.

• Sapec SA

• The Mosaic Company

• Valagro

• Yara International ASA

• Nufarm

• Land-O-lakes



View full report: https://www.datamintelligence.com/research-report/agricultural-micronutrients-market





Download free sample: https://www.datamintelligence.com/download-sample/agricultural-micronutrients-market



About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.



For more information:

Sai Kiran

Sales Manager at Data M Intelligence

Email: info@datamintelligence.com

Tel: +1 877 441 4866

Website: www.datamintelligence.com



DataM Intelligence

Sai Kiran

+1 877 441 4866

pr@datamintelligence.com

Source: EmailWire.Com

Source: EmailWire.com

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