Agricultural Micronutrients Market Size By Type, By Form, By Application, By Geographic Scope And Forecast


Posted February 11, 2020 by jennysmith

Agricultural Micronutrients Market was valued at USD 5.87Billion in 2018 and is projected to reach USD 11.01 Billion by 2026, growing at a CAGR of 8.14% from 2019 to 2026.

 
Agricultural Micronutrients Market Size And Forecast
According to Verified Market Research, the Agricultural Micronutrients Market was valued at USD 5.87Billion in 2018 and is projected to reach USD 11.01 Billion by 2026, growing at a CAGR of 8.14% from 2019 to 2026.

What are Agricultural Micronutrients?
Micronutrients are essential nutrients required in small quantities to the plants. Every micronutrient performs a specific function in a plant system. Although such nutrients are naturally present in the soil, often soil loses such nutrients due to several factors such as – soil erosion, monocropping, leaching, and others. Lack of micronutrients in soil may cause plant abnormalities, reduced crop growth, and overall less crop yield. Micronutrients are used for soil application, fertigation, and foliar spray.

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Global Agricultural Micronutrients Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The market for agricultural micronutrients is in traction owing to the rising soil deficiency. The rising concern for food security in several nations across the globe has boosted the market. Such micronutrients are highly demanded by cultivars and farmers to improve their crop yield. Also, the rising demand for biofuels has significantly surged the demand for agricultural micronutrients. However, lack of awareness among cultivars regarding its dose and application might cause a market slowdown.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Agricultural Micronutrients Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Agricultural Micronutrients Market Competitive Landscape
The “Global Agricultural Micronutrients Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as – Yara International, Coromandel International, Akzo Nobel Nutrients, BASF SE, FMC, Land O’lakes, The Mosaic Company, Haifa Chemicals, Lemagro, Helena Chemical Company. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Agricultural Micronutrients Market, By Type
• Manganese
• Zinc
• Boron
• Copper
• Molybdenum
• Others

Global Agricultural Micronutrients Market, By Form
• Chelated
• Non-Chelated

Global Agricultural Micronutrients Market, By Application
• Soil Application
• Fertigation
• Foliar Spray

Global Agricultural Micronutrients Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business , Industry , Research
Tags agricultural micronutrients , agricultural micronutrients market , agricultural micronutrients market trends
Last Updated February 11, 2020