PUBLISHER: The Business Research Company | PRODUCT CODE: 1927013
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927013
Micronutrient fertilizers are specialized products that provide essential trace elements needed in small amounts for plant growth, including zinc, copper, iron, and manganese. They enhance soil fertility and improve plant health by correcting micronutrient deficiencies. These fertilizers are vital for maximizing crop yields and maintaining balanced nutrition.
The main types of micronutrient fertilizers include zinc (Zn), boron (B), iron (Fe), manganese (Mn), copper (Cu), molybdenum (Mo), silicon (Si), nickel (Ni), cobalt (Co), and others. Zinc, for example, is crucial for plant enzyme function, growth, and disease resistance. A deficiency in zinc can lead to poor crop development and decreased yields. Micronutrient fertilizers are available in chelated and non-chelated forms and are applied to various crops, including grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, and others. They can be used through soil application, foliar application, fertigation, and other methods.
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 have influenced the micronutrient fertilizer market by increasing costs of imported mineral salts, chelating agents, and processing equipment. Grain, cereal, and horticulture crop segments are most affected, especially in Asia Pacific and Latin America. Higher input costs have impacted farmer affordability and fertilizer pricing. Supply chain delays have also disrupted seasonal fertilizer availability. On the positive side, tariffs have supported domestic micronutrient production and regional blending facilities.
The micronutrient fertilizer market research report is one of a series of new reports from The Business Research Company that provides micronutrient fertilizer market statistics, including micronutrient fertilizer industry global market size, regional shares, competitors with a micronutrient fertilizer market share, detailed micronutrient fertilizer market segments, market trends and opportunities, and any further data you may need to thrive in the micronutrient fertilizer industry. This micronutrient fertilizer 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 micronutrient fertilizer market size has grown strongly in recent years. It will grow from $4.63 billion in 2025 to $4.95 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to soil micronutrient depletion, yield improvement needs, fertilizer awareness programs, agricultural intensification, population driven food demand.
The micronutrient fertilizer market size is expected to see strong growth in the next few years. It will grow to $6.41 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to precision farming adoption, micronutrient deficiency mapping, sustainable agriculture practices, high value crop expansion, government support for soil health. Major trends in the forecast period include rising demand for balanced crop nutrition, growing adoption of chelated micronutrients, expansion of precision agriculture practices, increased use in high value crops, focus on soil health and yield optimization.
The rising degradation of soil is expected to drive the growth of the micronutrient fertilizer market in the coming years. Soil degradation refers to the decline in soil quality and productivity caused by various factors, resulting in reduced agricultural output and environmental health. Soil degradation is mainly driven by unsustainable agricultural practices, deforestation, and industrial activities, leading to erosion, nutrient depletion, and the loss of organic matter. Climate change and overgrazing further worsen the deterioration of soil health. Micronutrient fertilizers help address soil degradation by restoring essential nutrients, improving soil fertility, and supporting sustainable crop growth. For instance, in November 2025, according to the Food and Agriculture Organization of the United Nations (FAO), an Italy-based intergovernmental agency, approximately 1.7 billion people globally live in areas where crop yields are at least 10% lower due to human-induced land degradation. Therefore, the increasing degradation of soil is driving the growth of the micronutrient fertilizer market.
Leading companies in the micronutrient fertilizer market are concentrating on creating innovative solutions, such as water-soluble fertilizers, to boost nutrient availability and enhance crop yields. Water-soluble fertilizers dissolve completely in water, enabling efficient nutrient delivery directly to plants through irrigation systems. For instance, in June 2023, ICL Group Ltd., an Israel-based chemical manufacturing company, introduced a new range of water-soluble micronutrient and N-P-K fertilizers in North America. This line, which includes flagship products such as Nova FINISH, Nova PULSE, Nova ELEVATE, and Nova FLOW, aims to improve crop nutrition through advanced foliar and fertigation methods. The products are designed to provide high-purity, water-soluble nutrients tailored to specific crop needs, ensuring optimal solubility and compatibility with various herbicides and crop protectants.
In January 2023, Nouryon Specialty Chemicals B.V., a Netherlands-based chemical manufacturing company, acquired ADOB Fertilizers for an undisclosed amount. This acquisition is intended to enhance Nouryon's offerings in chelated micronutrients, expand its crop nutrition portfolio, and improve its specialty agricultural solutions. ADOB Fertilizers is a Poland-based company specializing in micronutrient fertilizers and inorganic chemicals.
Major companies operating in the micronutrient fertilizer market are Koch Industries Inc., BASF SE, Nutrien Ltd., Yara International ASA, The Mosaic Company, Corteva Inc., Akzo Nobel N.V., Israel Chemicals Ltd., K+S AG, FMC Corporation, Nouryon Specialty Chemicals B.V., Coromandel International Limited, Nufarm Limited, Compass Minerals International Inc., Haifa Negev Technologies Ltd., Aries Agro Ltd., AgroLiquid, Kugler Company, Van Iperen International B.V., Graco Fertilizer Company, Solufeed Ltd., Western Nutrients Corporation
North America was the largest region in the micronutrient fertilizer market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the micronutrient fertilizer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the micronutrient fertilizer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The micronutrient fertilizer market consists of sales of calcium nitrate, magnesium sulfate, sodium molybdate, and ferric chloride. 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.
Micronutrient Fertilizer 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 micronutrient fertilizer 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 micronutrient fertilizer ? 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 micronutrient fertilizer 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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