PUBLISHER: The Business Research Company | PRODUCT CODE: 1925626
PUBLISHER: The Business Research Company | PRODUCT CODE: 1925626
Agricultural micronutrients are finely blended mineral elements crucial for balancing crop nutrition and fostering the growth of horticultural crops, pulses, cereals, spices, plantations, and oilseeds. The mineral elements in agricultural micronutrients include manganese, zInc., iron, copper, molybdenum, and boron.
The main types of agricultural micronutrients encompass zInc., boron, iron, copper, manganese, molybdenum, and other specialized formulations. ZInc., for instance, is an essential micronutrient with significant roles in human metabolism, catalyzing over 100 enzymes, aiding in protein folding, and regulating gene expression. Zinc deficiency is more prevalent in individuals with malnutrition, alcoholism, inflammatory bowel disease, and malabsorption disorders. Agricultural micronutrients are applied through various methods, including soil application, fertigation, foliar application, seed treatment, and hydroponics, catering to a wide range of crops such as cereals, pulses, oilseeds, spices, fruits, and vegetables. Specific applications include crops like tomatoes, cotton, citrus, apples, lettuce, soybeans, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the agricultural micronutrients market by increasing costs of imported mineral salts, chelating agents, specialty chemicals, and processing equipment. Asia-Pacific and Latin America are most affected due to reliance on imported raw materials, while Europe faces higher formulation costs. These tariffs are increasing fertilizer prices and affecting farm input budgets. However, they are also supporting domestic mineral processing, regional blending facilities, and development of locally sourced micronutrient products.
The agricultural micronutrients market research report is one of a series of new reports from The Business Research Company that provides agricultural micronutrients market statistics, including agricultural micronutrients industry global market size, regional shares, competitors with a agricultural micronutrients market share, detailed agricultural micronutrients market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural micronutrients industry. This agricultural micronutrients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural micronutrients market size has grown rapidly in recent years. It will grow from $8.07 billion in 2025 to $9.2 billion in 2026 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to increasing soil micronutrient deficiencies, rising demand for higher crop productivity, adoption of intensive farming practices, expansion of horticultural crop cultivation, availability of blended micronutrient formulations.
The agricultural micronutrients market size is expected to see rapid growth in the next few years. It will grow to $15 billion in 2030 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to growing use of precision agriculture tools, rising awareness of micronutrient deficiencies, expansion of fertigation and foliar feeding practices, increasing demand for crop-specific nutrient solutions, innovation in chelated nutrient technologies. Major trends in the forecast period include increasing adoption of balanced crop nutrition solutions, rising demand for chelated micronutrients, growing use of precision nutrient application, expansion of micronutrient-enriched fertilizers, enhanced focus on yield optimization.
Rising food production is expected to drive the growth of the agricultural micronutrients market. Food production involves growing, harvesting, processing, and distributing food for human consumption. This increase in food production is largely driven by high-yield crop varieties, which generate more output per hectare, enhancing overall agricultural productivity. Agricultural micronutrients support food production by boosting crop yields, improving food quality, reducing pesticide usage, and enhancing soil health. For example, in September 2023, the World Bank, a US-based financial institution, reported that local food production rose by 250%, from 28,000 tons in September 2022 to 73,000 tons in June 2023. As a result, the rise in food production is fueling the agricultural micronutrients market.
Leading companies in the agricultural micronutrients market are committed to advancing innovative products, including water-soluble micronutrients and N-P-K fertilizers, to maintain their competitive edge in the market. Water-soluble micronutrients are essential nutrients that readily dissolve in water, making them easily absorbable by plants. On the other hand, N-P-K fertilizers comprise the three primary macronutrients such as nitrogen (N), phosphorus (P), and potassium (K). For example, in June 2023, ICL Group Ltd., an Israel-based specialist in specialty minerals, introduced an array of cutting-edge foliar and fertigation solutions under its Nova brand of water-soluble fertilizers. The flagship products within this lineup include Nova FINISH, Nova PULSE, Nova ELEVATE, and Nova FLOW. This product launch marks a significant expansion of ICL's premium portfolio of crop nutrition solutions, providing innovative foliar and fertigation options to growers.
In January 2023, Nouryon, a US-based chemical manufacturer, acquired ADOB Fertilizers for an undisclosed amount. This acquisition aligns with Nouryon's strategy to broaden its offerings within the agricultural sector, enhancing its portfolio to better meet the needs of farmers and agricultural businesses. ADOB Fertilizers is a Poland-based company that supplies micronutrients for agriculture.
Major companies operating in the agricultural micronutrients market are BASF SE, Bayer AG, Syngenta Group, Yara International ASA, Nutrien Ltd., Mosaic Company, ICL Group Ltd., CF Industries Holdings Inc., FMC Corporation, UPL Limited, Nufarm Limited, EuroChem Group, K+S Aktiengesellschaft, Haifa Group, Coromandel International Limited, Tata Chemicals Limited, Gujarat State Fertilizers & Chemicals Ltd. (GSFC), Zuari Agro Chemicals Ltd., Koch Fertilizer LLC, Compass Minerals International Inc., Arab Potash Company, SQM S.A.
Asia-Pacific was the largest region in the agricultural micronutrients market in 2025. Asia-Pacific is expected to be the fastest-growing region in the agricultural micronutrients market. The regions covered in the agricultural micronutrients market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the agricultural micronutrients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The agricultural micronutrient market consists of sales of agricultural micronutrients such as chlorine and nickel. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Agricultural Micronutrients Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses agricultural micronutrients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for agricultural micronutrients ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The agricultural micronutrients market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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