Global Agriculture Micronutrients Market Growth 2023-2029

Global Agriculture Micronutrients Market Growth 2023-2029

Agricultural micronutrients are elements that control certain activities in crops to increase the yield and improve their quality. These agricultural micronutrients help in protecting crops from insects and infections, ensuring the proper growth of crops and good health of supply chain and consumers. 

LPI (LP Information)' newest research report, the “Agriculture Micronutrients Industry Forecast” looks at past sales and reviews total world Agriculture Micronutrients sales in 2022, providing a comprehensive analysis by region and market sector of projected Agriculture Micronutrients sales for 2023 through 2029. With Agriculture Micronutrients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agriculture Micronutrients industry.

This Insight Report provides a comprehensive analysis of the global Agriculture Micronutrients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agriculture Micronutrients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agriculture Micronutrients market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agriculture Micronutrients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agriculture Micronutrients.

The global Agriculture Micronutrients market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

As the deficiency of micronutrients can lead to various diseases in plants that may reduce quality and quantity of plants. Increasing preference for Genetically Modified (GM) seeds across the globe is also likely to impact the growth of the global market for agriculture micronutrients. Increasing use of chemical fertilizer is also driving the growth of micronutrients, as it protects crops from insects, UV radiations, and also offer increased yield. The demand for zinc is growing across various regions especially in the Asia Pacific. Owing to the deficiency of zinc in soil, the productivity of agricultural crop is decreasing. Hence, increasing number of companies are focusing on providing zinc as micronutrient for agricultural crops. However, factors such as extensive irrigation facilities, mining of micronutrient reserves and increasing use of high chemical fertilizers are resulting in the global shortage of micronutrients.

This report presents a comprehensive overview, market shares, and growth opportunities of Agriculture Micronutrients market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Zinc
Boron
Copper
Manganese
Molybdenum
Iron

Segmentation by application
Soil
Foliar
Fertigation

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Dow Chemical
AkzoNobel
The Mosaic Company
Land O'Lakes
Helena Chemical Company
Nufarm

Key Questions Addressed in this Report

What is the 10-year outlook for the global Agriculture Micronutrients market?

What factors are driving Agriculture Micronutrients market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Agriculture Micronutrients market opportunities vary by end market size?

How does Agriculture Micronutrients break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.