Global Micronutrient Fertilizers Market 2020 Latest Industry Growth Analysis by Upcoming Trends, Emerging Technology by Regions, Supply and Forecast 2024

Micronutrient Fertilizers

The “Micronutrient Fertilizers Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Micronutrient Fertilizers market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Micronutrient Fertilizers market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Micronutrient Fertilizers market that will impact the demand during the forecast period.

Scope of the Report:

Micronutrients play a significant role in ensuring balanced nutrition to the plants. The lack of any of the micronutrients may limit plant growth. Many micronutrient fertilizer products are available in the market and due to their low requirement, they are usually applied along with NPK fertilizers. Method of application, cost per unit, and other important factors influence the choice of micronutrient source.

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Market Overview:

  • The micronutrient fertilizers market was valued at USD 1.06 billion in the year 2018 and the market is projected to register a CAGR of 8.59%, over the forecast period (2019-2024). Increasing incidence of micronutrient deficiencies in soils around the world, coupled with increasing promotion of micronutrient usage by governmental and non-governmental organizations, are driving the market for micronutrient fertilizers.
  • Some of the Top Key Players of Micronutrient Fertilizers Market Report Are:

  • The Mosaic Company
  • FMC Corporation
  • Akzonobel NV
  • Yara International ASA
  • Agrium Inc.
  • Haifa Group
  • Valagro Spa
  • Coromandel International Limited
  • Wolf Trax
  • Sapec Group
  • Auriga Group
  • ATP Nutrition Ltd
  • Wilbur
  • Ellis Company (US)
  • The Andersons Plant Nutrition (Nulex Inc)
  • Stoller Enterprises Inc.
  • Zuari Agro Chemicals Ltd
  • BMS Micro
  • Nutrients Nv
  • Baicor L.C.
  • Arysta Lifescience Corporation
  • Aries Agro Ltd
  • Drexel Chemical
  • Old Bridge Chemicals Inc.

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Growing Food Demand and Shrinking Farm Land

    Agricultural production across the world will need to be doubled over the next 36 years to meet the demand from 9 billion people. Certainly, technology will continue to play a major role in this progress. Increase in urbanization and lower availability of arable land are motivating farmers to adopt efficient techniques. There are broader acceptance and recognition of the collective benefits of micronutrient fertilizers. The amount of arable land per-person is declining and the population is expanding. Hence, crop-yields must increase to meet food production needs. As a result, the world is witnessing the most dramatic demand increase for micronutrient fertilizers and for agricultural production.

    Increasing Micronutrient Fertilizers Consumption in the Asia – Pacific Region

    The Asia – Pacific micronutrient fertilizers market is the most developed and widespread in the global market. The distribution network of micronutrient fertilizers is well-established in major Asia – Pacific countries. This is further helping deepen the market of various micronutrients fertilizer products in the region. The increasing demand for food grains, coupled with decreasing nutrients in the soil, is one of the major factors driving the growth of the market in the region. Government policies and subsidies in most Asia – Pacific countries support their expansion. It is estimated that micronutrient content in soil is very less in most Asia – Pacific countries, far less than the same in developed nations. In Asia – Pacific, 10% of the Indian soil has phosphorus content and the average potassium content in soil is low by international standards. Japan has a highly active research base in micronutrient fertilizers.

    The Report Covers:

    • Comprehensive research methodology of Micronutrient Fertilizers market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Micronutrient Fertilizers market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Micronutrient Fertilizers Market Report 2020-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of Substitute Products
    4.4.4 Threat of New Entrants
    4.4.5 Competitive Rivalry

    5.1 By Type
    5.1.1 Zinc
    5.1.2 Manganese
    5.1.3 Copper
    5.1.4 Boron
    5.1.5 Molybdenum
    5.1.6 Iron
    5.1.7 Other Types
    5.2 By Form
    5.2.1 Chelated
    5.2.2 Non – chelated
    5.3 By Crop Type
    5.3.1 Grains and Cereals
    5.3.2 Oilseeds and Pulses
    5.3.3 Fruits and Vegetables
    5.3.4 Other Crop Types
    5.4 By Function
    5.4.1 Soil
    5.4.2 Foliar
    5.4.3 Fertigation
    5.4.4 Other Functions
    5.5 Geography
    5.5.1 North America United States Canada Mexico Rest of North America
    5.5.2 Europe Germany United Kingdom France Spain Italy Russia Rest of Europe
    5.5.3 Asia – Pacific China Japan India Australia Rest of Asia – Pacific
    5.5.4 South America Brazil Argentina Rest of South America
    5.5.5 Africa South Africa Rest of Africa

    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 The Mosaic Company
    6.3.2 FMC Corporation
    6.3.3 Akzonobel NV
    6.3.4 Yara International ASA
    6.3.5 BASF SE
    6.3.6 Agrium Inc.
    6.3.7 Haifa Group
    6.3.8 Valagro Spa
    6.3.9 Coromandel International Limited
    6.3.10 Wolf Trax
    6.3.11 Sapec Group
    6.3.12 Auriga Group
    6.3.13 ATP Nutrition Ltd
    6.3.14 Wilbur-Ellis Company (US)
    6.3.15 The Andersons Plant Nutrition (Nulex Inc)
    6.3.16 Stoller Enterprises Inc.
    6.3.17 Zuari Agro Chemicals Ltd
    6.3.18 BMS Micro-Nutrients Nv
    6.3.19 Baicor L.C.
    6.3.20 Arysta Lifescience Corporation
    6.3.21 Aries Agro Ltd
    6.3.22 Drexel Chemical
    6.3.23 Old Bridge Chemicals Inc.


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