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Global Crop Micronutrients Market Size study, by Form (Chelated, and Non-Chelated), by Product Type (Boron, Copper, Iron, Manganese, Molybdenum, Zinc, Others), by Crop Type (Cereals & Grains, Fruits & Vegetables, Pulses & Oilseeds, and Others), by Application (Fertigation, Soil, Foliar, Seed Treatment, Others ) and Regional Forecasts 2022-2028

May 2022 | 200 pages | ID: GEB9DD415DAEEN
Bizwit Research & Consulting LLP

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Global Crop Micronutrients Market is valued at approximately USD 6.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2022-2028. Crop micronutrients are necessary nutrients for plant development and other metabolic processes. They help to improve quality, colour, taste, fertiliser efficiency, water use, disease resistance, and other factors. They also aid in the development of large and strong roots, as well as the formation of full proteins and chemicals and improved plant immunity. The global crop micronutrients market is being driven by factors such as the effectiveness of micronutrients for crop production and productivity, growing awareness among growers about the benefits of micronutrients, and shrinking agricultural land. Furthermore, government and private-sector investments assist development and new product development, resulting in increased market growth. For example, to meet the increased demand, Aries has expanded its worldwide reach by leveraging manufacturing facilities in the United Arab Emirates, with two manufacturing units located in Sharjah (for Chelated Micronutrients) and Fujairah (for Sulphur Bentonite). As part of their growth plans, these companies are making a slew of investments, new launches, and R&D to improve their positions and give better products and services to their clients around the world, which is projected to move the market forward in the approaching years. The following are some examples: Tracegro OY announced the signing of a distribution agreement with AMD Agro in Brazil in August 2020. Similarly, in April 2019, BASF SE, one of the world's major chemical manufacturers, announced the signing of a deal with Quadra Chemicals Ltd, based in Canada, as a new distributor for its micronutrient products in Canada. The agricultural micronutrient market is restrained by the mining of micronutrient reserves, the availability of low-cost alternatives and counterfeit products, and farmers' lack of knowledge about micronutrient dosage and administration.

The key regions considered for the global Crop Micronutrients market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of both value and volume, Asia-Pacific is the largest market for crop micronutrients. The rising demand for high-quality food, as well as farmers' increased understanding and acceptance of micronutrients, are some of the primary reasons driving the crop micronutrient market in Asia Pacific. Furthermore, the crop micronutrients market in this region is expected to be driven by rising farming practises and the demand for high-quality agricultural output. Whereas, since many industry players are involved in the production and development of micronutrient fertilisers in North America, the industry is fragmented. Various industry players are implementing new strategies such as product development, mergers and acquisitions, expanding their distribution networks, and utilising online platforms to boost sales, among others.

Major market players included in this report are:
Akzo Nobel N.V
Aries Agro Ltd.
Baicor, L.C.
BASF SE
Compass Minerals International, Inc
DowDuPont Inc.
The Mosaic Company
Nutrien Ltd.
Western Nutrients Corporation
Yara international ASA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Form:
Chelated Micronutrients
Non-chelated Micronutrients

By Product Type:
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
By Crop Type:
Cereals & Grains
Fruits & Vegetables
Pulses and Oilseeds
Others
By Application:
Fertigation
Soil
Foliar
Seed Treatment
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Crop Micronutrients Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Crop Micronutrients Market, by Region, 2020-2028 (USD Billion)
  1.2.2. Crop Micronutrients Market, by Form, 2020-2028 (USD Billion)
  1.2.3. Crop Micronutrients Market, by Product Type, 2020-2028 (USD Billion)
  1.2.4. Crop Micronutrients Market, by Crop Type, 2020-2028 (USD Billion)
  1.2.5. Crop Micronutrients Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL CROP MICRONUTRIENTS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL CROP MICRONUTRIENTS MARKET DYNAMICS

3.1. Crop Micronutrients Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing deficiency of micronutrients in the soil
    3.1.1.2. Depleting oil reserves increasing the demand for biofuels
  3.1.2. Market Challenges
    3.1.2.1. Lack of awareness regarding dosage and proper application of micronutrients among farmers
  3.1.3. Market Opportunities
    3.1.3.1. Increase in new methods of farming

CHAPTER 4. GLOBAL CROP MICRONUTRIENTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL CROP MICRONUTRIENTS MARKET, BY FORM

6.1. Market Snapshot
6.2. Global Crop Micronutrients Market by Form, Performance - Potential Analysis
6.3. Global Crop Micronutrients Market Estimates & Forecasts by Form, 2018-2028 (USD Billion)
6.4. Crop Micronutrients Market, Sub Segment Analysis
  6.4.1. Chelated Micronutrients
  6.4.2. Non-chelated Micronutrients

CHAPTER 7. GLOBAL CROP MICRONUTRIENTS MARKET, BY PRODUCT TYPE

7.1. Market Snapshot
7.2. Global Crop Micronutrients Market by Product Type, Performance - Potential Analysis
7.3. Global Crop Micronutrients Market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)
7.4. Crop Micronutrients Market, Sub Segment Analysis
  7.4.1. Boron
  7.4.2. Copper
  7.4.3. Iron
  7.4.4. Manganese
  7.4.5. Molybdenum
  7.4.6. Zinc
  7.4.7. Others

CHAPTER 8. GLOBAL CROP MICRONUTRIENTS MARKET, BY CROP TYPE

8.1. Market Snapshot
8.2. Global Crop Micronutrients Market by Crop Type, Performance - Potential Analysis
8.3. Global Crop Micronutrients Market Estimates & Forecasts by Crop Type, 2018-2028 (USD Billion)
8.4. Crop Micronutrients Market, Sub Segment Analysis
  8.4.1. Cereals & Grains
  8.4.2. Fruits & Vegetables
  8.4.3. Pulses and Oilseeds
  8.4.4. Others

CHAPTER 9. GLOBAL CROP MICRONUTRIENTS MARKET, BY APPLICATION

9.1. Market Snapshot
9.2. Global Crop Micronutrients Market by Application, Performance - Potential Analysis
9.3. Global Crop Micronutrients Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
9.4. Crop Micronutrients Market, Sub Segment Analysis
  9.4.1. Fertigation
  9.4.2. Soil
  9.4.3. Foliar
  9.4.4. Seed Treatment
  9.4.5. Others

CHAPTER 10. GLOBAL CROP MICRONUTRIENTS MARKET, REGIONAL ANALYSIS

10.1. Crop Micronutrients Market, Regional Market Snapshot
10.2. North America Crop Micronutrients Market
  10.2.1. U.S. Crop Micronutrients Market
    10.2.1.1. Form breakdown estimates & forecasts, 2018-2028
    10.2.1.2. Product Type breakdown estimates & forecasts, 2018-2028
    10.2.1.3. Crop Type breakdown estimates & forecasts, 2018-2028
    10.2.1.4. Application breakdown estimates & forecasts, 2018-2028
  10.2.2. Canada Crop Micronutrients Market
10.3. Europe Crop Micronutrients Market Snapshot
  10.3.1. U.K. Crop Micronutrients Market
  10.3.2. Germany Crop Micronutrients Market
  10.3.3. France Crop Micronutrients Market
  10.3.4. Spain Crop Micronutrients Market
  10.3.5. Italy Crop Micronutrients Market
  10.3.6. Rest of Europe Crop Micronutrients Market
10.4. Asia-Pacific Crop Micronutrients Market Snapshot
  10.4.1. China Crop Micronutrients Market
  10.4.2. India Crop Micronutrients Market
  10.4.3. Japan Crop Micronutrients Market
  10.4.4. Australia Crop Micronutrients Market
  10.4.5. South Korea Crop Micronutrients Market
  10.4.6. Rest of Asia Pacific Crop Micronutrients Market
10.5. Latin America Crop Micronutrients Market Snapshot
  10.5.1. Brazil Crop Micronutrients Market
  10.5.2. Mexico Crop Micronutrients Market
10.6. Rest of The World Crop Micronutrients Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Akzo Nobel N.V
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Type Summary
    11.2.1.5. Recent Developments
  11.2.2. Aries Agro Ltd.
  11.2.3. Baicor, L.C.
  11.2.4. BASF SE
  11.2.5. Compass Minerals International, Inc
  11.2.6. DowDuPont Inc.
  11.2.7. The Mosaic Company
  11.2.8. Nutrien Ltd.
  11.2.9. Western Nutrients Corporation
  11.2.10. Yara international ASA

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Crop Micronutrients Market, report scope
TABLE 2. Global Crop Micronutrients Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Crop Micronutrients Market estimates & forecasts by Form 2018-2028 (USD Billion)
TABLE 4. Global Crop Micronutrients Market estimates & forecasts by Product Type 2018-2028 (USD Billion)
TABLE 5. Global Crop Micronutrients Market estimates & forecasts by Crop Type 2018-2028 (USD Billion)
TABLE 6. Global Crop Micronutrients Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 7. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Crop Micronutrients Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. Global Crop Micronutrients Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. U.S. Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. U.S. Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Canada Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Canada Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. UK Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. UK Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. Germany Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. Germany Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. RoE Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. RoE Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. China Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. China Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. India Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. India Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. Japan Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. Japan Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. RoAPAC Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. RoAPAC Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Brazil Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Brazil Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. Mexico Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. Mexico Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. RoLA Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. RoLA Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Crop Micronutrients Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 54. Row Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. Row Crop Micronutrients Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 56. List of secondary sources, used in the study of global Crop Micronutrients Market
TABLE 57. List of primary sources, used in the study of global Crop Micronutrients Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Crop Micronutrients Market, research methodology
FIG 2. Global Crop Micronutrients Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Crop Micronutrients Market, key trends 2021
FIG 5. Global Crop Micronutrients Market, growth prospects 2022-2028
FIG 6. Global Crop Micronutrients Market, porters 5 force model
FIG 7. Global Crop Micronutrients Market, pest analysis
FIG 8. Global Crop Micronutrients Market, value chain analysis
FIG 9. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Crop Micronutrients Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Crop Micronutrients Market, regional snapshot 2018 & 2028
FIG 15. North America Crop Micronutrients Market 2018 & 2028 (USD Billion)
FIG 16. Europe Crop Micronutrients Market 2018 & 2028 (USD Billion)
FIG 17. Asia Pacific Crop Micronutrients Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Crop Micronutrients Market 2018 & 2028 (USD Billion)
FIG 19. Global Crop Micronutrients Market, company market share analysis (2021)










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