Market Research Report
Agricultural Chelates - Global Market Outlook (2018-2027)
|Published by||Stratistics Market Research Consulting||Product code||928553|
|Published||Content info||177 Pages
Delivery time: 2-3 business days
|Agricultural Chelates - Global Market Outlook (2018-2027)|
|Published: February 20, 2020||Content info: 177 Pages||
According to Stratistics MRC, the Global Agricultural Chelates Market is accounted for $489.20 million in 2018 and is expected to reach $937.91 million by 2027 growing at a CAGR of 7.5% during the forecast period. While the factors like increase in adoption of precision-farming technology, and huge demand for high-value crops are fuelling the growth of the market. However, growth of the organic fertilizers industry is likely to hamper the profit boundaries of the market.
Micronutrients are essential agriculture for expanding the yield and improving the quality of agricultural produce. Though required in little amounts, these basic elements are consumed by plants to carry out important bodily functions. They are effectively provided by complexes containing chelated compounds, these compounds being steadier than their non-chelated compounds.
Based on type, EDTA is going to have a lucrative growth during the forecast period owing to the increase in population and a decrease in arable land. The growers are also using innovative inputs to increase crop yields, along with enhancing the quality to meet the needs of the growing population and the food processing industry.
By geography, Asia Pacific is likely to have a huge demand due to growing population and the increasing demand for food has forced farmers to grow crops with higher yield, thus increasing the demand for the market in this region.
Some of the key players in Global Agricultural Chelates market include Syngenta, Aries Agro Ltd, BASF SE, ICL, Nufarm Ltd, Yara International Asa, Haifa Chemicals, Manvert, The Andersons, Inc., BMS Micro-Nutrients Nv, Wilbur-Ellis Company, ATP Nutrition, Dow Chemical Company, Greensmiths, Inc., Nouryon, Compo Expert GmbH, VAN Iperen International, Valagro Spa, Protex International Sa, Agmin Chelates Pty. Ltd, Deretil Agronutritional, and Shandong Iro Chelating Chemical Co., Ltd.
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.