Agricultural Micronutrients Industry By form (Chelated, Non-Chelated), By Type (Zinc, Copper, Iron, Manganese ), and By Crop type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses ) - Global Market Size Analysis and Forecast 2019-2025
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Product Code:
RP-ID-10078277 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
110 -
Category:
Agriculture -
Publisher:
Pub-ID-27
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Agricultural Micronutrients Industry was valued at USD 5.85 Billion in the year 2017. Global Agricultural Micronutrients Industry is further estimated to grow at a CAGR of 8.10% from 2018 to reach USD 10.88 Billion by the year 2025. Asia Pacific region holds the highest Industry share in 2017 and is considered as the fastest growing Industry in the forecasted period due to growing demand for Agricultural Micronutrients and strongly developing agriculture sector. At a country level, India holds the notable Industry share and is projected to grow strongly in the coming due to leading agriculture commodities producer and stands at the second position in terms of agriculture production.
Major market players in Agriculture Micronutrients Industry are The DOW Chemical Company, Agrium, Land O’lakes, The Mosaic Company, Yara International, FMC, Akzonobel N.V., BASF SE, Nufarm Ltd, Haifa Chemicals Ltd., Helena Chemical Company, Coromandel International, and overview of 10 companies is provided in the erport. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
SWOT Analysis Agriculture Micronutrients Industry:
Strength:
Growing need of high quality crops
Increasing focus on agricultural productivity
Weakness:
Low awareness about micronutrients products
Opportunities:
High opportunities in the developing region
Threats:
Micronutrient toxicity
The segmentation are done on the basis of type, by forms, by crop type and by region. On the basis of types, the global Agricultural Micronutrients Industry is sub segmented as zinc, copper, iron, manganese, boron, molybdenum and others of which the zinc segment is expected to hold the highest Industry share during the forecast period and have high adoption rate mainly in developed countries.
Agricultural Micronutrients Industry Segmentation:
By Type
• Zinc
• Copper
• Iron
• Manganese
• Boron
• Molybdenum
• Others
By Form
• Chelated
• Non-Chelated
By Crop Type
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Others
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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