PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1079981
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1079981
Global Crop Micronutrients Market Size study, by Form, by Product Type, by Crop Type, by Application and Regional Forecasts 2022-2028
Global Crop Micronutrients Market is valued at approximately USD 6.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2022-2028. Crop micronutrients are necessary nutrients for plant development and other metabolic processes. They help to improve quality, colour, taste, fertiliser efficiency, water use, disease resistance, and other factors. They also aid in the development of large and strong roots, as well as the formation of full proteins and chemicals and improved plant immunity. The global crop micronutrients market is being driven by factors such as the effectiveness of micronutrients for crop production and productivity, growing awareness among growers about the benefits of micronutrients, and shrinking agricultural land. Furthermore, government and private-sector investments assist development and new product development, resulting in increased market growth. For example, to meet the increased demand, Aries has expanded its worldwide reach by leveraging manufacturing facilities in the United Arab Emirates, with two manufacturing units located in Sharjah (for Chelated Micronutrients) and Fujairah (for Sulphur Bentonite). As part of their growth plans, these companies are making a slew of investments, new launches, and R&D to improve their positions and give better products and services to their clients around the world, which is projected to move the market forward in the approaching years. The following are some examples: Tracegro OY announced the signing of a distribution agreement with AMD Agro in Brazil in August 2020. Similarly, in April 2019, BASF SE, one of the world's major chemical manufacturers, announced the signing of a deal with Quadra Chemicals Ltd, based in Canada, as a new distributor for its micronutrient products in Canada. The agricultural micronutrient market is restrained by the mining of micronutrient reserves, the availability of low-cost alternatives and counterfeit products, and farmers' lack of knowledge about micronutrient dosage and administration.
The key regions considered for the global Crop Micronutrients market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of both value and volume, Asia-Pacific is the largest market for crop micronutrients. The rising demand for high-quality food, as well as farmers' increased understanding and acceptance of micronutrients, are some of the primary reasons driving the crop micronutrient market in Asia Pacific. Furthermore, the crop micronutrients market in this region is expected to be driven by rising farming practises and the demand for high-quality agricultural output. Whereas, since many industry players are involved in the production and development of micronutrient fertilisers in North America, the industry is fragmented. Various industry players are implementing new strategies such as product development, mergers and acquisitions, expanding their distribution networks, and utilising online platforms to boost sales, among others.
Major market players included in this report are:
Akzo Nobel N.V
Aries Agro Ltd.
Baicor, L.C.
BASF SE
Compass Minerals International, Inc
DowDuPont Inc.
The Mosaic Company
Nutrien Ltd.
Western Nutrients Corporation
Yara international ASA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Form:
Chelated Micronutrients
Non-chelated Micronutrients
By Product Type:
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
By Crop Type:
Cereals & Grains
Fruits & Vegetables
Pulses and Oilseeds
Others
By Application:
Fertigation
Soil
Foliar
Seed Treatment
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Crop Micronutrients Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Crop Micronutrients Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Crop Micronutrients Market, by Form, 2020-2028 (USD Billion)
- 1.2.3. Crop Micronutrients Market, by Product Type, 2020-2028 (USD Billion)
- 1.2.4. Crop Micronutrients Market, by Crop Type, 2020-2028 (USD Billion)
- 1.2.5. Crop Micronutrients Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Crop Micronutrients Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Crop Micronutrients Market Dynamics
- 3.1. Crop Micronutrients Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing deficiency of micronutrients in the soil
- 3.1.1.2. Depleting oil reserves increasing the demand for biofuels
- 3.1.2. Market Challenges
- 3.1.2.1. Lack of awareness regarding dosage and proper application of micronutrients among farmers
- 3.1.3. Market Opportunities
- 3.1.3.1. Increase in new methods of farming
- 3.1.1. Market Drivers
Chapter 4. Global Crop Micronutrients Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Crop Micronutrients Market, by Form
- 6.1. Market Snapshot
- 6.2. Global Crop Micronutrients Market by Form, Performance - Potential Analysis
- 6.3. Global Crop Micronutrients Market Estimates & Forecasts by Form, 2018-2028 (USD Billion)
- 6.4. Crop Micronutrients Market, Sub Segment Analysis
- 6.4.1. Chelated Micronutrients
- 6.4.2. Non-chelated Micronutrients
Chapter 7. Global Crop Micronutrients Market, by Product Type
- 7.1. Market Snapshot
- 7.2. Global Crop Micronutrients Market by Product Type, Performance - Potential Analysis
- 7.3. Global Crop Micronutrients Market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)
- 7.4. Crop Micronutrients Market, Sub Segment Analysis
- 7.4.1. Boron
- 7.4.2. Copper
- 7.4.3. Iron
- 7.4.4. Manganese
- 7.4.5. Molybdenum
- 7.4.6. Zinc
- 7.4.7. Others
Chapter 8. Global Crop Micronutrients Market, by Crop Type
- 8.1. Market Snapshot
- 8.2. Global Crop Micronutrients Market by Crop Type, Performance - Potential Analysis
- 8.3. Global Crop Micronutrients Market Estimates & Forecasts by Crop Type, 2018-2028 (USD Billion)
- 8.4. Crop Micronutrients Market, Sub Segment Analysis
- 8.4.1. Cereals & Grains
- 8.4.2. Fruits & Vegetables
- 8.4.3. Pulses and Oilseeds
- 8.4.4. Others
Chapter 9. Global Crop Micronutrients Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Crop Micronutrients Market by Application, Performance - Potential Analysis
- 9.3. Global Crop Micronutrients Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
- 9.4. Crop Micronutrients Market, Sub Segment Analysis
- 9.4.1. Fertigation
- 9.4.2. Soil
- 9.4.3. Foliar
- 9.4.4. Seed Treatment
- 9.4.5. Others
Chapter 10. Global Crop Micronutrients Market, Regional Analysis
- 10.1. Crop Micronutrients Market, Regional Market Snapshot
- 10.2. North America Crop Micronutrients Market
- 10.2.1. U.S. Crop Micronutrients Market
- 10.2.1.1. Form breakdown estimates & forecasts, 2018-2028
- 10.2.1.2. Product Type breakdown estimates & forecasts, 2018-2028
- 10.2.1.3. Crop Type breakdown estimates & forecasts, 2018-2028
- 10.2.1.4. Application breakdown estimates & forecasts, 2018-2028
- 10.2.2. Canada Crop Micronutrients Market
- 10.2.1. U.S. Crop Micronutrients Market
- 10.3. Europe Crop Micronutrients Market Snapshot
- 10.3.1. U.K. Crop Micronutrients Market
- 10.3.2. Germany Crop Micronutrients Market
- 10.3.3. France Crop Micronutrients Market
- 10.3.4. Spain Crop Micronutrients Market
- 10.3.5. Italy Crop Micronutrients Market
- 10.3.6. Rest of Europe Crop Micronutrients Market
- 10.4. Asia-Pacific Crop Micronutrients Market Snapshot
- 10.4.1. China Crop Micronutrients Market
- 10.4.2. India Crop Micronutrients Market
- 10.4.3. Japan Crop Micronutrients Market
- 10.4.4. Australia Crop Micronutrients Market
- 10.4.5. South Korea Crop Micronutrients Market
- 10.4.6. Rest of Asia Pacific Crop Micronutrients Market
- 10.5. Latin America Crop Micronutrients Market Snapshot
- 10.5.1. Brazil Crop Micronutrients Market
- 10.5.2. Mexico Crop Micronutrients Market
- 10.6. Rest of The World Crop Micronutrients Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Akzo Nobel N.V
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Type Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Aries Agro Ltd.
- 11.2.3. Baicor, L.C.
- 11.2.4. BASF SE
- 11.2.5. Compass Minerals International, Inc
- 11.2.6. DowDuPont Inc.
- 11.2.7. The Mosaic Company
- 11.2.8. Nutrien Ltd.
- 11.2.9. Western Nutrients Corporation
- 11.2.10. Yara international ASA
- 11.2.1. Akzo Nobel N.V
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Crop Micronutrients Market, report scope
- TABLE 2. Global Crop Micronutrients Market estimates & forecasts by Region 2018-2028 (USD Billion)
- TABLE 3. Global Crop Micronutrients Market estimates & forecasts by Form 2018-2028 (USD Billion)
- TABLE 4. Global Crop Micronutrients Market estimates & forecasts by Product Type 2018-2028 (USD Billion)
- TABLE 5. Global Crop Micronutrients Market estimates & forecasts by Crop Type 2018-2028 (USD Billion)
- TABLE 6. Global Crop Micronutrients Market estimates & forecasts by Application 2018-2028 (USD Billion)
- TABLE 7. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 8. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 9. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 10. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 11. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 12. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 13. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 14. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 15. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 16. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 17. U.S. Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 18. U.S. Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 19. U.S. Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 20. Canada Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 21. Canada Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 22. Canada Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 23. UK Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 24. UK Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 25. UK Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 26. Germany Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 27. Germany Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 28. Germany Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 29. RoE Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 30. RoE Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 31. RoE Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 32. China Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 33. China Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 34. China Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 35. India Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 36. India Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 37. India Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 38. Japan Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 39. Japan Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 40. Japan Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 41. RoAPAC Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 42. RoAPAC Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 43. RoAPAC Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 44. Brazil Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 45. Brazil Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 46. Brazil Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 47. Mexico Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 48. Mexico Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 49. Mexico Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 50. RoLA Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 51. RoLA Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 52. RoLA Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 53. Row Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 54. Row Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 55. Row Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 56. List of secondary sources, used in the study of global Crop Micronutrients Market
- TABLE 57. List of primary sources, used in the study of global Crop Micronutrients Market
- TABLE 58. Years considered for the study
- TABLE 59. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Crop Micronutrients Market, research methodology
- FIG 2. Global Crop Micronutrients Market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Crop Micronutrients Market, key trends 2021
- FIG 5. Global Crop Micronutrients Market, growth prospects 2022-2028
- FIG 6. Global Crop Micronutrients Market, porters 5 force model
- FIG 7. Global Crop Micronutrients Market, pest analysis
- FIG 8. Global Crop Micronutrients Market, value chain analysis
- FIG 9. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
- FIG 10. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
- FIG 11. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
- FIG 12. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
- FIG 13. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
- FIG 14. Global Crop Micronutrients Market, regional snapshot 2018 & 2028
- FIG 15. North America Crop Micronutrients Market 2018 & 2028 (USD Billion)
- FIG 16. Europe Crop Micronutrients Market 2018 & 2028 (USD Billion)
- FIG 17. Asia Pacific Crop Micronutrients Market 2018 & 2028 (USD Billion)
- FIG 18. Latin America Crop Micronutrients Market 2018 & 2028 (USD Billion)
- FIG 19. Global Crop Micronutrients Market, company market share analysis (2021)
