Global Crop Micronutrients Market to 2025 - Growing Awareness Towards Food Security is Driving Demand - ResearchAndMarkets.com

The "Crop Micronutrients Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

The crop micronutrients market is evaluated at US$5.683 billion for the year 2019 growing at a CAGR of 7.61% reaching the market size of US$8.823 billion by the year 2025.

Micronutrients are essential nutrients that are essential for the growth as well as for metabolic activities of plants. Micronutrients help to improve the taste, quality, and color of the plants or crops. These also enhance the efficiency of the fertilizers and help in the reduction of water use. Micronutrients help in the development of strong roots and help in the building up of complete compounds and proteins thereby help in boosting the immunity of crops. The market for crop micronutrients is projected to show a decent growth throughout the forecast period. The primary factors augmenting the market growth include the growing deficiencies in soil coupled with rising awareness among the farmers or crop growers regarding the delivery of essential nutrients to the crops.

Furthermore, there has been a constantly growing awareness towards food security is also a key factor driving the demand for crop micronutrients. The burgeoning requirements for enhanced crop yield and productivity is also projected to bolster the demand for these nutrients as these are considered to be highly efficient for the improved crop yield. A significant decrease in the arable land coupled with an increase in the globally growing demand for food has further put the pressure on the limited available resources, thus, for improved yield in the limited available land farmers are using various micronutrients which is also playing a significant role in shaping up the market growth during the next five years.

The availability of substitutes of micronutrients along with the unawareness among the farmers regarding the benefits of these nutrients and also the lack of knowledge regarding the proper application of micronutrients are some of the factors projected to inhibit the market growth moderately during the given time frame.

Companies Profiled:

  • BASF Se
  • Akzo Nobel N.V
  • Nutrien Ltd.
  • Yara
  • The Mosaic Company
  • Aries Agro Limited
  • Baicor, LLC
  • Helena Agri-Enterprises, LLC
  • Haifa Group
  • Nouryon
  • Valagro S.P.A
  • Western Nutrients Corporation
  • Atp Nutrition
  • Bms Micro-Nutrients Nv

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Crop Micronutrients Market Analysis, by Type

5.1. Introduction

5.2. Boron

5.3. Copper

5.4. Zinc

5.5. Iron

5.6. Others

6. Crop Micronutrients Market Analysis, by Crop Type

6.1. Introduction

6.2. Cereals & Grains

6.3. Fruits & Vegetables

6.4. Oilseeds & Pulses

6.5. Other

7. Crop Micronutrients Market Analysis, by Form

7.1. Introduction

7.2. Chelated

7.3. Non-Chelated

8. Crop Micronutrients Market Analysis, by Geography

8.1. Introduction

8.2. North America

8.3. South America

8.4. Europe

8.5. Middle East and Africa

8.6. Asia-Pacific

9. Competitive Environment and Analysis

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ndq013

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