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PUBLISHER: Grand View Research | PRODUCT CODE: 1092494

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PUBLISHER: Grand View Research | PRODUCT CODE: 1092494

Crop Micronutrients Market Size, Share & Trends Analysis Report By Form (Chelated, Non-chelated), By Type (Zinc, Boron, Iron, Manganese, Molybdenum, Copper), By Region, And Segment Forecasts, 2022 - 2028

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Crop Micronutrients Market Growth & Trends:

The global crop micronutrients market size is expected to reach USD 9.11 Billion by 2028, registering a compound annual growth rate (CAGR) of 7.3% during the forecast period, according to a new report by Grand View Research, Inc. The growing nutrient-rich food demand in developing economies like China, India, and Brazil is propelling the demand for crop micronutrients.

Extensive micronutrient deficiency around the globe, with zinc and iron deficiencies becoming a major escalating fear for plant health, along with growing encouragement from various government organizations and other agencies to surge the usage of crop micronutrients to augment the soil and plant health are the prime factors that are propelling the market growth. Furthermore, crop micronutrients play a crucial role in guaranteeing plants balanced nutrition. The lack of crop micronutrients may limit the growth of plants. The choice of micronutrient source is considered on cost per unit, mode of application, and other important factors.

The chelated form segment contributed to the highest share of over 70% of the global market revenue in 2021. As per the different soil pH, the availability of chelated micronutrients is present in the market. The demand for the segment is anticipated to expand at a significant rate, owing to the greater stability of chelated compounds.

Cereals & grains crops contributed to the highest share of around 50% of the global market revenue in 2021. Consumption of cereals across the globe is high. Additionally, consumption of food is on rising owing to the growing population worldwide. Therefore, it is essential to maintain nutrient levels in the soil to enrich the growth and productivity of the cereals. As a result, micronutrients play a prime role in nutrient-rich food production.

The Asia Pacific dominated with a revenue share of around 55% in 2021. Growing demand for high-quality products and rising farming practices are chief factors that drive the growth of the crop micronutrients market in this region. There is also a huge demand for crop micronutrients in this region owing to direct usage of micronutrients for plant deficiencies treatments.

Crop Micronutrients Market Report Highlights:

  • Middle East & Africa is expected to register the fastest growth of 9.8% CAGR from 2022 to 2028, owing to increasing demand for nutrient-rich food demand from countries such as South Africa
  • The chelated form segment contributed to the highest share of over 70% of the global revenue in 2021 due to the rising demand for chelated micronutrient compounds
  • The Asia Pacific dominated by contributing around 55% of the global revenue in 2021 due to the rising adoption of micronutrients to overcome soil and plant deficiencies
  • Cereals & grains held the largest share in 2021 and contributed around 50% of the total revenue due to the increasing consumption of cereals across the world
Product Code: GVR-4-68039-931-8

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Information & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Form Outlook
  • 2.3. Type Outlook
  • 2.4. Application Outlook
  • 2.5. Crop Type Outlook
  • 2.6. Competitive Insights

Chapter 3. Crop Micronutrients Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Value Chain Analysis
  • 3.4. Technology Overview
  • 3.5. Regulatory Framework
  • 3.6. Market Dynamics
    • 3.6.1. Market Driver Analysis
    • 3.6.2. Market restraint Analysis
    • 3.6.3. Industry challenges
  • 3.7. Business Environment Analysis
    • 3.7.1. Porter's Analysis
      • 3.7.1.1. Threat of new entrants
      • 3.7.1.2. Bargaining power of suppliers
      • 3.7.1.3. Bargaining power of buyers
      • 3.7.1.4. Threat of substitutes
      • 3.7.1.5. Competitive rivalry
    • 3.7.2. PESTLE Analysis
      • 3.7.2.1. Political Landscape
      • 3.7.2.2. Environmental Landscape
      • 3.7.2.3. Social Landscape
      • 3.7.2.4. Technology Landscape
      • 3.7.2.5. Economic Landscape
      • 3.7.2.6. Legal Landscape
    • 3.7.3. Major Deals & Strategic Alliances Analysis
  • 3.8. Market Entry Strategy
  • 3.9. COVID-19 Impact Analysis

Chapter 4. Consumer Behavior Analysis

  • 4.1. Consumer Trends and Preferences
  • 4.2. Factors Affecting Buying Decision
  • 4.3. Consumer Type Adoption
  • 4.4. Observations & Recommendations

Chapter 5. Crop Micronutrients Market: Form Estimates & Trend Analysis

  • 5.1. Form Movement Analysis & Market Share, 2021 - 2028
  • 5.2. Chelated
    • 5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 5.3. Non-Chelated
    • 5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 6. Crop Micronutrients Market: Type Estimates & Trend Analysis

  • 6.1. Type Movement Analysis & Market Share, 2021 - 2028
  • 6.2. Zinc
    • 6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.3. Boron
    • 6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.4. Iron
    • 6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.5. Manganese
    • 6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.6. Molybdenum
    • 6.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.7. Copper
    • 6.7.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.8. Others
    • 6.8.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 7. Crop Micronutrients Market: Application Estimates & Trend Analysis

  • 7.1. Form Movement Analysis & Market Share, 2021 - 2028
  • 7.2. Soil
    • 7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 7.3. Foliar
    • 7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 7.4. Fertigation
    • 7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 7.5. Others
    • 7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 8. Crop Micronutrients Market: Crop Type Estimates & Trend Analysis

  • 8.1. Crop Type Movement Analysis & Market Share, 2021 - 2028
  • 8.2. Cereals & Grains
    • 8.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 8.3. Fruits & Vegetables
    • 8.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 8.4. Pulses & Oilseeds
    • 8.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 8.5. Others
    • 8.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 9. Crop Micronutrients Market: Regional Estimates & Trend Analysis

  • 9.1. Regional Movement Analysis & Market Share, 2021 & 2028
  • 9.2. North America
    • 9.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 9.2.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
    • 9.2.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.2.4. U.S.
      • 9.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.2.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.2.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 9.3. Europe
    • 9.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 9.3.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
    • 9.3.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.3.4. Germany
      • 9.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.3.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.3.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.3.5. U.K.
      • 9.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.3.5.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.3.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.3.6. France
      • 9.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.3.6.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.3.6.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 9.4. Asia Pacific
    • 9.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 9.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
    • 9.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.4.4. China
      • 9.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.4.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.4.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.4.5. India
      • 9.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.4.5.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.4.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 9.5. Central & South America
    • 9.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 9.5.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
    • 9.5.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.5.4. Brazil
      • 9.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.5.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.5.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 9.6. Middle East & Africa
    • 9.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 9.6.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
    • 9.6.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 9.6.4. Africa
      • 9.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 9.6.4.2. Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
      • 9.6.4.3. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)

Chapter 10. Competitive Analysis

  • 10.1. Key Players' Recent Developments & Their Impact
  • 10.2. Strategies Adopted by Major Players during the COVID-19 pandemic
  • 10.3. Vendor Landscape
  • 10.4. Public Companies
    • 10.4.1. Company Market Position Analysis
    • 10.4.2. Private Companies
    • 10.4.3. List of Key Emerging Companies/Technology Disruptors/Innovators

Chapter 11. Company Profiles

  • 11.1. BASF SE
    • 11.1.1. Company Overview
    • 11.1.2. Financial Performance
    • 11.1.3. Product Benchmarking
    • 11.1.4. Strategic Initiatives
  • 11.2. DowDuPont Inc.
    • 11.2.1. Company Overview
    • 11.2.2. Financial Performance
    • 11.2.3. Product Benchmarking
    • 11.2.4. Strategic Initiatives
  • 11.3. Nutrien Ltd
    • 11.3.1. Company Overview
    • 11.3.2. Financial Performance
    • 11.3.3. Product Benchmarking
    • 11.3.4. Strategic Initiatives
  • 11.4. Corteva Agriscience
    • 11.4.1. Company Overview
    • 11.4.2. Financial Performance
    • 11.4.3. Product Benchmarking
    • 11.4.4. Strategic Initiatives
  • 11.5. Yara International ASA
    • 11.5.1. Company Overview
    • 11.5.2. Financial Performance
    • 11.5.3. Product Benchmarking
    • 11.5.4. Strategic Initiatives
  • 11.6. Elkem Silicones limited
    • 11.6.1. Company Overview
    • 11.6.2. Financial Performance
    • 11.6.3. Product Benchmarking
    • 11.6.4. Strategic Initiatives
  • 11.7. The Mosaic Company
    • 11.7.1. Company Overview
    • 11.7.2. Financial Performance
    • 11.7.3. Product Benchmarking
    • 11.7.4. Strategic Initiatives
  • 11.8. Akzo Nobel N.V
    • 11.8.1. Company Overview
    • 11.8.2. Financial Performance
    • 11.8.3. Product Benchmarking
    • 11.8.4. Strategic Initiatives
  • 11.9. Nouryon
    • 11.9.1. Company Overview
    • 11.9.2. Financial Performance
    • 11.9.3. Product Benchmarking
    • 11.9.4. Strategic Initiatives
  • 11.10. Nufarm Ltd
    • 11.10.1. Company Overview
    • 11.10.2. Financial Performance
    • 11.10.3. Product Benchmarking
    • 11.10.4. Strategic Initiatives
  • 11.11. Compass Minerals International
    • 11.11.1. Company Overview
    • 11.11.2. Financial Performance
    • 11.11.3. Product Benchmarking
    • 11.11.4. Strategic Initiatives
  • 11.12. Western Nutrients Corporation
    • 11.12.1. Company Overview
    • 11.12.2. Financial Performance
    • 11.12.3. Product Benchmarking
    • 11.12.4. Strategic Initiatives
Product Code: GVR-4-68039-931-8

List of Tables

  • Table 1 Crop Micronutrients Market - Key Market Driver Analysis
  • Table 2 Crop Micronutrients Market - Key Market Restraint Analysis
  • Table 3 Global Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 4 Global Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 5 Global Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 6 North America Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 7 North America Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 8 North America Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 9 North America Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 10 North America Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 11 U.S. Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 12 U.S. Crop Micronutrients Market Estimates and Forecast. By Form, 2017 - 2028 (USD Million)
  • Table 13 U.S. Crop Micronutrients Market Estimates and Forecast. By Type, 2017 - 2028 (USD Million)
  • Table 14 U.S. Crop Micronutrients Market Estimates and Forecast. By Application, 2017 - 2028 (USD Million)
  • Table 15 U.S. Crop Micronutrients Market Estimates and Forecast. By Crop Type, 2017 - 2028 (USD Million)
  • Table 16 Europe Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 17 Europe Crop Micronutrients Market Estimates and Forecast. By Form, 2017 - 2028 (USD Million)
  • Table 18 Europe Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 19 Europe Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 20 Europe Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 21 Germany Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 22 Germany Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 23 Germany Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 24 Germany Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 25 Germany Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 26 U.K. Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 27 U.K. Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 28 U.K. Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 29 U.K. Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 30 U.K. Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 31 France Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 32 France Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 33 France Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 34 France Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 35 France Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 36 Asia Pacific Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 37 Asia Pacific Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 38 Asia Pacific Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 39 Asia Pacific Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 40 Asia Pacific Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 41 China Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 42 China Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 43 China Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 44 China Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 45 China Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 46 India Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 47 India Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 48 India Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 49 India Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 50 India Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 51 Central & South America Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 52 Central & South America Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 53 Central & South America Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 54 Central & South America Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 55 Central & South America Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 56 Brazil Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 57 Brazil Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 58 Brazil Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 59 Brazil Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 60 Brazil Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 61 Middle East & Africa Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 62 Middle East & Africa Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 63 Middle East & Africa Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 64 Middle East & Africa Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 65 Middle East & Africa Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 66 Africa Crop Micronutrients Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 67 Africa Crop Micronutrients Market Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 68 Africa Crop Micronutrients Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • Table 69 Africa Crop Micronutrients Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
  • Table 70 Africa Crop Micronutrients Market Estimates and Forecast, By Crop Type, 2017 - 2028 (USD Million)
  • Table 71 Vendor landscape

List of Figures

  • Fig. 1 Crop Micronutrients Market snapshot
  • Fig. 2 Crop Micronutrients Market segmentation & scope
  • Fig. 3 Crop Micronutrients Market penetration & growth prospect mapping
  • Fig. 4 Crop Micronutrients Market value chain analysis
  • Fig. 5 Crop Micronutrients Market dynamics
  • Fig. 6 Crop Micronutrients Market Porter's analysis
  • Fig. 7 Crop Micronutrients Market: Form movement analysis
  • Fig. 8 Crop Micronutrients Market: Type movement analysis
  • Fig. 9 Crop Micronutrients Market: Application movement analysis
  • Fig. 10 Crop Micronutrients Market: Crop Type movement analysis
  • Fig. 11 Crop Micronutrients Market: Regional movement analysis
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