PUBLISHER: Lucintel | PRODUCT CODE: 1417747
PUBLISHER: Lucintel | PRODUCT CODE: 1417747
Agricultural Chelates Trends and Forecast
The future of the global agricultural chelates market looks promising with opportunities in the soil application, seed dressing, foliar sprays, and fertigation markets. The global agricultural chelates market is expected to reach an estimated $1.6 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are high demand for high-value crops, less soil degradation due to excessive crop cultivation, and increase in precision farming technology adoption.
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Agricultural Chelates by Segment
The study includes a forecast for the global agricultural chelates by type, crop type, application, end use, and region.
List of Agricultural Chelates Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural chelates companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural chelates companies profiled in this report include-
Agricultural Chelates Market Insights
Lucintel forecasts that EDTA is expected to witness the highest growth over the forecast period because when employed with critical micronutrients such as iron (FE), zinc (ZN), copper (CU), and manganese (MN), the EDTA chelating agent promotes high absorption of micronutrients in the plant and provides strong binding capacity, resulting in increased crop development.
APAC will remain the largest region over the forecast period because of constantly rising agricultural and food product demand, a fast growing population, increasing urbanization, government assistance, and widespread use of precision irrigation methods and other cutting-edge technologies.
Features of the Global Agricultural Chelates Market
Market Size Estimates: Agricultural chelates market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Agricultural chelates market size by various segments, such as by type, crop type, application, end use, and region in terms of value ($B).
Regional Analysis: Agricultural chelates market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, crop type, application, end use, and regions for the agricultural chelates market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural chelates market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the agricultural chelates market size?
Answer: The global agricultural chelates market is expected to reach an estimated $1.6 billion by 2030.
Q1. What is the growth forecast for agricultural chelates market?
Answer: The global agricultural chelates market is expected to grow with a CAGR of 7.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the agricultural chelates market?
Answer: The major drivers for this market are high demand for high-value crops, less soil degradation due to excessive crop cultivation, and increase in precision farming technology adoption.
Q3. What are the major segments for agricultural chelates market?
Answer: The future of the global agricultural chelates market looks promising with opportunities in the soil application, seed dressing, foliar sprays, and fertigation markets.
Q4. Who are the key agricultural chelates market companies?
Answer: Some of the key agricultural chelates companies are as follows.
Q5. Which agricultural chelates market segment will be the largest in future?
Answer: Lucintel forecasts that EDTA is expected to witness the highest growth over the forecast period because when employed with critical micronutrients such as iron (FE), zinc (ZN), copper (CU), and manganese (MN), the EDTA chelating agent promotes high absorption of micronutrients in the plant and provides strong binding capacity, resulting in increased crop development.
Q6. In agricultural chelates market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period because of constantly rising agricultural and food product demand, a fast growing population, increasing urbanization, government assistance, and widespread use of precision irrigation methods and other cutting-edge technologies.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.