Global Agricultural Micronutrients Market will be US$ 10.7 Billion by 2027

Globally, micronutrients are vital for plant growth and are required in smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The major micronutrients existing in the global market include boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo) and zinc (Zn), and chloride (Cl), while chloride is a micronutrient whose deficiencies rarely occur in nature. Therefore, discussions on supplying micronutrient fertilizers are confined to the other six micronutrients. Addition, Global Agricultural Micronutrients Market will reach US$ 10.7 Billion by 2027.

global agricultural micronutrients market by renub research

Application of Micronutrients with Mixed Fertilizers:

The most popular method of micronutrient application for crops is soil application. Recommended application rates usually are less than 10 lb/acre (on an elemental basis), so the uniform application of micronutrient sources separately in the field is complex. Therefore, both granular and fluid NPK fertilizers are commonly used as carriers of micronutrients. Including micronutrients with mixed fertilizers is a convenient application method and allows more uniform distribution with conventional application equipment. Costs also are reduced by eliminating a separate application. Four modes of applying micronutrients with mixed fertilizers are: 

  • Incorporation during manufacture
  • Bulk blending with granular fertilizers 
  • Coating onto granular fertilizers  
  • Mixing with fluid fertilizers


Some reasons for deficiency are higher crop yields that increase plant nutrient demands, high analyses of NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Hence, micronutrient deficiencies have been verified in many soils through increased soil testing and plant analyses.


Based on form, the overall agriculture micronutrients market is segmented within non-chelated and chelated forms, wherein the Chelated Micronutrients are formed by combining a chelating agent with metal through coordinate bonding. The stability of the metal-chelate bond affects availability to plants of the micronutrient metals, namely copper, iron, manganese, and zinc. However, the increasing application of non-chelated micronutrients is comparatively high because of their low price over chelated form micronutrients.


Globally intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield

Based on type, the overall agriculture micronutrients market is mainly segmented into zinc, boron, iron, copper, manganese, molybdenum, and other agricultural micronutrients. The zinc deficiency in soils and its wide range of functions in the growth of plants is renowned worldwide. In addition, the increase in the zinc agriculture micronutrients market is driven by the factors such as the rising need to meet food security challenges and the growing demand for zinc nutritious food products considering its health benefits. Rising global government initiatives towards intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield moreover support the growth of this market.


Recently, the deficiencies of micronutrients have been increasing in crops like Cereals, Food & Vegetables, Pulses & Oilseeds. Due to increasing nutrient loss incidences in cereals crops such as rice, wheat, and others, the cereals market has evolved the demand for the micronutrient. Moreover, the high demand for cereal-based crops as staples in many nations also increases micronutrient fertilizer application in these crops. Further, the growing health consciousness among consumers has fuelled the consumption of fruits & vegetables, consequently inflating the production of fruits & vegetables, boosting the utilization of global agricultural micronutrients in the fruits & vegetable crops.


Surging population & rapidly increasing demand for nutrient-rich foods will drive Asia-Pacific region market

Geographically, the market revolves around North America, Europe, and Asia – Pacific, South–America, and the World’s rest. The Asia-Pacific region is attributed to the high consumption of primary nutrients and the rising incidences of micronutrient deficiency in the soil. In addition, the growing population and rapidly increasing demand for nutrient-rich foods will also boost the utilization of micronutrient fertilizers in the Asia-Pacific region. The North American region is anticipated to manifest the most accelerated growth throughout the foreseeable years. The region’s tremendous growth can be attributed to continuously declining arable land within countries like the U.S. and Mexico, which further demand specialized products such as micronutrient fertilizer blends. To produce high-quality crops, enhanced awareness and adoption of crop nutrition products by growers within the region are predicted to aid the market in the region.


Additionally, the market in Europe is mainly induced by the extensive utilization of micronutrient manure by cereal crops in realms such as Germany, France, and the U.K. The expanding health awareness in the region and rising consumption of foods sourced from plant origin further support micronutrients’ consumption in the region. Similarly, in South America, Brazil holds the lion’s share and is driven by expanding planted areas and the growing agribusiness sector. Other significant countries consuming micronutrients as a fertilizer include Argentina, Chile, Colombia, Peru, and Paraguay. Also, in the Middle East and Africa, the demand for agricultural micronutrients is comparatively lower than in other regions. However, it will be increasing in the forthcoming years due to the rising agricultural yield and evolving farming technology in North Africa. The market for Agricultural Micronutrients worldwide will grow during 2020-2027 at a CAGR of % 7.62.

Healthy Smallholder Production Systems Develop as Mighty Nutrition Vehicles during COVID-19 Outbreak

The COVID-19 pandemic has had an instantaneous effect on food systems in emerging countries. Restrictions on the movement of people and goods have impaired access to the markets. Amid this uncertainty, governments are adopting strategies to safeguard the food and nutrition of people by prioritizing diversification of production. Such trends are creating revenue opportunities for companies in the agricultural micronutrients market.


Manufacturers in the agricultural micronutrient market encourage farmers and sellers to boost sales of nutritious and bio fortified crops such as wheat, maize, potato, and sweet potato. The COVID-19 pandemic has created people awake of foods rich in micronutrients. Local solid market chains, increased commercial utilization, and robust smallholder production systems make bio fortified crops powerful vehicles for nutrition. Global Agricultural Micronutrients Market valued at US$ 10.7 Billion in 2020.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=agricultural-micronutrients-market-p.php


Market Summary:

Product Type – We have covered the Global Micronutrients Market constituting Boron, Copper, Iron, Manganese, Molybdenum, Zinc, & Othersas product type.

Form Types –This report covers the Chelated and Non-Chelated as form types in the market.

Crop Types – We have covered the Global Micronutrients Market constituting Cereals, Food & Vegetables, Pulses & Oilseeds, Othersas crop type.

Region – This report studies Global Micronutrients Market of North America, Europe, Asia – Pacific, South–America, Rest of World.

Company – We have studied the company by Company Overview, Recent Development and Revenue of following companies The Mosaic Company, Yara International, Nutrien Limited, BASF SE, Nufarm.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Agricultural Micronutrients Market is Forecasted to US$ 10.7 Billion by the end of year 2027

Globally, micronutrients are vital for plant growth and are required in smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The major micronutrients existing in the global market include boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo) and zinc (Zn), and chloride (Cl), while chloride is a micronutrient whose deficiencies rarely occur in nature. Therefore, discussions on supplying micronutrient fertilizers are confined to the other six micronutrients. Addition, Global Agricultural Micronutrients Market will reach US$ 10.7 Billion by 2027.

Application of Micronutrients with Mixed Fertilizers:

The most popular method of micronutrient application for crops is soil application. Recommended application rates usually are less than 10 lb/acre (on an elemental basis), so the uniform application of micronutrient sources separately in the field is complex. Therefore, both granular and fluid NPK fertilizers are commonly used as carriers of micronutrients. Including micronutrients with mixed fertilizers is a convenient application method and allows more uniform distribution with conventional application equipment. Costs also are reduced by eliminating a separate application. Four modes of applying micronutrients with mixed fertilizers are: 

  • Incorporation during manufacture
  • Bulk blending with granular fertilizers 
  • Coating onto granular fertilizers  
  • Mixing with fluid fertilizers


Some reasons for deficiency are higher crop yields that increase plant nutrient demands, high analyses of NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Hence, micronutrient deficiencies have been verified in many soils through increased soil testing and plant analyses.


Based on form, the overall agriculture micronutrients market is segmented within non-chelated and chelated forms, wherein the Chelated Micronutrients are formed by combining a chelating agent with metal through coordinate bonding. The stability of the metal-chelate bond affects availability to plants of the micronutrient metals, namely copper, iron, manganese, and zinc. However, the increasing application of non-chelated micronutrients is comparatively high because of their low price over chelated form micronutrients.


Globally intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield

Based on type, the overall agriculture micronutrients market is mainly segmented into zinc, boron, iron, copper, manganese, molybdenum, and other agricultural micronutrients. The zinc deficiency in soils and its wide range of functions in the growth of plants is renowned worldwide. In addition, the increase in the zinc agriculture micronutrients market is driven by the factors such as the rising need to meet food security challenges and the growing demand for zinc nutritious food products considering its health benefits. Rising global government initiatives towards intensifying zinc concentrate in the soil to improve quantitative and qualitative crop yield moreover support the growth of this market.


Recently, the deficiencies of micronutrients have been increasing in crops like Cereals, Food & Vegetables, Pulses & Oilseeds. Due to increasing nutrient loss incidences in cereals crops such as rice, wheat, and others, the cereals market has evolved the demand for the micronutrient. Moreover, the high demand for cereal-based crops as staples in many nations also increases micronutrient fertilizer application in these crops. Further, the growing health consciousness among consumers has fuelled the consumption of fruits & vegetables, consequently inflating the production of fruits & vegetables, boosting the utilization of global agricultural micronutrients in the fruits & vegetable crops.


Surging population & rapidly increasing demand for nutrient-rich foods will drive Asia-Pacific region market

Geographically, the market revolves around North America, Europe, and Asia – Pacific, South–America, and the World’s rest. The Asia-Pacific region is attributed to the high consumption of primary nutrients and the rising incidences of micronutrient deficiency in the soil. In addition, the growing population and rapidly increasing demand for nutrient-rich foods will also boost the utilization of micronutrient fertilizers in the Asia-Pacific region. The North American region is anticipated to manifest the most accelerated growth throughout the foreseeable years. The region’s tremendous growth can be attributed to continuously declining arable land within countries like the U.S. and Mexico, which further demand specialized products such as micronutrient fertilizer blends. To produce high-quality crops, enhanced awareness and adoption of crop nutrition products by growers within the region are predicted to aid the market in the region.


Additionally, the market in Europe is mainly induced by the extensive utilization of micronutrient manure by cereal crops in realms such as Germany, France, and the U.K. The expanding health awareness in the region and rising consumption of foods sourced from plant origin further support micronutrients’ consumption in the region. Similarly, in South America, Brazil holds the lion’s share and is driven by expanding planted areas and the growing agribusiness sector. Other significant countries consuming micronutrients as a fertilizer include Argentina, Chile, Colombia, Peru, and Paraguay. Also, in the Middle East and Africa, the demand for agricultural micronutrients is comparatively lower than in other regions. However, it will be increasing in the forthcoming years due to the rising agricultural yield and evolving farming technology in North Africa. The market for Agricultural Micronutrients worldwide will grow during 2020-2027 at a CAGR of % 7.62.

Healthy Smallholder Production Systems Develop as Mighty Nutrition Vehicles during COVID-19 Outbreak

The COVID-19 pandemic has had an instantaneous effect on food systems in emerging countries. Restrictions on the movement of people and goods have impaired access to the markets. Amid this uncertainty, governments are adopting strategies to safeguard the food and nutrition of people by prioritizing diversification of production. Such trends are creating revenue opportunities for companies in the agricultural micronutrients market.


Manufacturers in the agricultural micronutrient market encourage farmers and sellers to boost sales of nutritious and bio fortified crops such as wheat, maize, potato, and sweet potato. The COVID-19 pandemic has created people awake of foods rich in micronutrients. Local solid market chains, increased commercial utilization, and robust smallholder production systems make bio fortified crops powerful vehicles for nutrition. Global Agricultural Micronutrients Market valued at US$ 10.7 Billion in 2020.


Market Summary:

Product Type – We have covered the Global Micronutrients Market constituting Boron, Copper, Iron, Manganese, Molybdenum, Zinc, & Othersas product type.

Form Types –This report covers the Chelated and Non-Chelated as form types in the market.

Crop Types – We have covered the Global Micronutrients Market constituting Cereals, Food & Vegetables, Pulses & Oilseeds, Othersas crop type.

Region – This report studies Global Micronutrients Market of North America, Europe, Asia – Pacific, South–America, Rest of World.

Company – We have studied the company by Company Overview, Recent Development and Revenue of following companies The Mosaic Company, Yara International, Nutrien Limited, BASF SE, Nufarm.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Agricultural Micronutrients Market is expected to reach US$ 6.4 Billion by 2027

Micronutrients play an essential role in healthy plant growth. Micronutrients perform biochemical functions which are needed for plants metabolism and growth. Earlier farmers use nutrients such as nitrogen, potassium, and phosphate, which do not act efficiently against the increasing prevalence of plant diseases. Therefore, with the change in time globally, micronutrients adaptation has increased for crop production and growth. Micronutrients are naturally present in plants and some animal-based food and can also artificially synthesized. Micronutrients rescue plants from the yellowing of leaves, withering of buds in crops and health hazards. The Global Agricultural Micronutrients Market was a US$ 6.4 Billion industry in 2020.

The demand for agricultural micronutrients also depends on the type of deficiency found in cereals, fruits and vegetables, pulses and oilseeds, etc. Consumers mostly prefer cereals in countries like the Asia Pacific and South America. With the rise in the economy in developing nations, agro scientists apply new agricultural practices, and the uses of high-quality agricultural produce are factors propelling the use of micronutrients in cereals. Micronutrients also help in reducing the risk of blindness, mental retardation and death during childbirth. These properties mentioned above anticipated being key factors driving the global market growth over the forecast period. In addition to this factors such as increased chemical fertilizer, mining of micronutrients, and extensive irrigation facilities propel the global micronutrient market. As per this research report, Global Crop Micronutrients Market is expected to grow with a CAGR of 7.62% during 2020-2027.

According to national geography, by the end of 2050, there will be two billion more mouths to feed; in total, there will be more than nine billion people on the planet. Micronutrients support an increasing level of crop production with less harmful impacts on the environment. In a day, these nutrients are required less than 100 milligrams in soil and humans. The micronutrient market can broadly be segmented into boron, iron, copper, manganese, molybdenum, zinc, cobalt, and chromium-based on product types. According to our research zinc segment is anticipated to hold the highest market due to the increasing number of benefits offered. According to Renub Research, The Agricultural Micronutrients Market is expected to be US$ 10.7 Billion by 2027.

COVID-19 Impact on Global Crop Micronutrients Industry

However, COVID- 19 had affected the global micronutrients market. Farmers were facing a shortage of agricultural inputs as worldwide lockdown has disturbed the processes that connect farm production to the final consumer. China is leading fertilizer producers and exporters globally. Pandemic has lowered the production in China due to the labour shortage. And transportation problem also had a significant impact up and down the fertilizer chain.

Renub Research latest report “Global Agricultural Micronutrients Market by Products (Boron, Copper, Iron, Manganese, Molybdenum, Zinc, & Others), Forms (Chelated, Non-Chelated), Crops (Cereals, Food & Vegetables, Pulses & Oilseeds, Others), Regions (North America, Europe, Asia – Pacific, South–America, Rest of World), Company Analysis (The Mosaic Company, Yara International, Nutrien Limited, BASF SE, Nufarm)” provides a complete analysis of Crop Micronutrients Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=agricultural-micronutrients-market-p.php

Product Types – Market breakup from 7 Viewpoints

• Boron
• Copper
• Iron
• Manganese
• Molybdenum
• Zinc
• Other

Form Types – Market breakup from 2 Viewpoints

• Chelated
• Non-Chelated

Crop Types – Market breakup from 4 Viewpoints

• Cereals
• Food& Vegetables
• Pulses & Oilseeds
• Others

Regions – Market breakup from 5 Viewpoints

• North America
• Europe
• Asia – Pacific
• South – America
• Rest of World

All companies have been covered from 3 viewpoints

• Overviews
• Recent Developments
• Revenues

Company Analysis

• The Mosaic Company
• Yara International
• Nutrien Limited
• BASF SE
• Nufarm

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research