Latest added Agricultural Micronutrients Market research study by Market Research Forecast offers detailed outlook and elaborates market review till 2030. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Nutrien Ltd. (Canada),Israel Chemicals Ltd. (Israel),Coromandel International (India),Yara International ASA (Norway),Indian Farmers Fertiliser Cooperative Limited (IFFCO) (India),Haifa Group (Israel),Koch Agronomic Services, LLC (U.S.),Grupa Azoty Zaklady Chemiczne Police Group (Poland),Marubeni Corporation (Helena Agri-Enterprises, LLC) (U.S.),Nouryon Chemicals Holdings B.V. (North Holland)} etc.
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The Agricultural Micronutrients Marketsize was valued at USD 4.87 USD Billion in 2023 and is projected to reach USD 7.78 USD Billion by 2032, exhibiting a CAGR of 6.92 % during the forecast period.
The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Agricultural Micronutrients Market research report include SWOT analysis.
October 2021: Grupa Azoty announced its strategy for 2021-2030, making Green Azoty a flagship project. The new project was intended for decarbonization and reducing carbon emissions, implementing R&D projects consistent with the European Green Deal, and deploying new solutions in the environmentally friendly area. In the new R&D plans, the company would focus on climate neutrality targets and new formulas enriched with micronutrients from utilized waste streams.,April 2021: Compass Minerals, one of the well-known nutrient providers globally, announced that the company had entered a definitive agreement with Koch Agronomic Service (LLP) Koch, a subsidiary of Koch Industries, to sell North American micronutrient assets for approximately USD 60.25 million.,March 2021: The Mosaic Company and Sound Agriculture announced their strategic partnership to bring new and revolutionary nutrient-efficient fertilizer products to the market. As per both companies, these new products would boost yields across major crops and improve soil health. The companies will use a proprietary mix of bio-inspired chemistry and key micronutrients.,March 2021: Coromandel International Limited, a company under the Murugappa Group, launched a new fertilizer called GroShakti Plus. As per the Executive Vice-Chairman of Coromandel International, this new fertilizer is suitable for various cereals, pulses, oilseeds, and fruits & vegetables. The new fertilizer is designed to provide better root development with phosphorus and increase resistance with the help of zinc.,January 2021: CommoditAg, a well-known and trusted high-quality agricultural products online marketplace, announced its plant nutrition expansion by adding products from its new supplier DeltaAg. The new products added are a wide range of stage-specific formulas and micronutrients.}
Influencing Trend:
- Rising Focus on Soil Health and Increasing Demand for Home Gardening to Aid Market Growth
Market Growth Drivers:
- Increase in Production and Cultivation Areas of High-Value Crops to Support Market Growth
The Global Agricultural Micronutrients segments and Market Data Break Down are illuminated below:
Type: Zinc, Boron, Iron, Molybdenum, Manganese, and Others,Application Mode: Soil, Foliar, and Fertigation,Form: Chelated and Non-chelated,Crop Type: Cereals, Pulses & Oilseeds, Fruits & Vegetables, and Others}
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The regional analysis of Global Agricultural Micronutrients Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2021-2027.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Strategic Points Covered in Table of Content of Global Agricultural Micronutrients Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Agricultural Micronutrients market
Chapter 2: Exclusive Summary – the basic information of the Agricultural Micronutrients Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Agricultural Micronutrients
Chapter 4: Presenting the Agricultural Micronutrients Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Agricultural Micronutrients market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Agricultural Micronutrients Market is a valuable source of guidance for individuals and companies.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Agricultural Micronutrients market?
- What are the key concerns of the five forces analysis of the Global Agricultural Micronutrients market?
- What are different prospects and threats faced by the dealers in the Global Agricultural Micronutrients market?
- What are the strengths and weaknesses of the key vendors?
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