[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Micronutrient Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 129 pages | ID: GE52B5724E42EN
APO Research

US$ 3,450.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Micronutrients are those elements essential for plant growth which are needed in only very small (micro) quantities. These elements are sometimes called minor elements or trace elements, but use of the term micronutrient is encouraged by the American Society of Agronomy and the Soil Science Society of America. The micronutrients are boron (B), copper (Cu), iron (Fe), chloride (Cl), manganese (Mn), molybdenum (Mo) and zinc (Zn). Recycling organic matter such as grass clippings and tree leaves is an excellent way of providing micronutrients (as well as macronutrients) to growing plants.

According to APO Research, The global Micronutrient market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North America is the largest Micronutrient market with about 42% market share. Europe is follower, accounting for about 27% market share.

The key players are BASF, AkzoNobel, Yara International, Haifa, Nutrien, Stoller, Mosaic, JR Simplot, Nulex, Sapec SA, Wolf Trax, DAYAL GROUP, SAM HPRP, Frit Industries, Valagro, ATP Nutrition, Kronos Micronutrients, Sun Agrigenetics, QC Corporation, Coromandel International, Microfeed, Sinofert Holding, Jinpai Fertilier, Hui Yi Chemical, Wintong Chemicals etc. Top 3 companies occupied about 40% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Micronutrient, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micronutrient.

The Micronutrient market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Micronutrient market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • BASF
  • AkzoNobel
  • Yara International
  • Haifa
  • Nutrien
  • Stoller
  • Mosaic
  • JR Simplot
  • Nulex
  • Sapec SA
  • Wolf Trax
  • DAYAL GROUP
  • SAM HPRP
  • Frit Industries
  • Valagro
  • ATP Nutrition
  • Kronos Micronutrients
  • Sun Agrigenetics
  • QC Corporation
  • Coromandel International
  • Microfeed
  • Sinofert Holding
  • Jinpai Fertilier
  • Hui Yi Chemical
  • Wintong Chemicals
Micronutrient segment by Type
  • Soil Fertilizer
  • Foliar Fertilizer
  • Seed Treatment
  • Hydroponics
  • Others
Micronutrient segment by Application
  • Cereals
  • Fruits and Vegetables
  • Flowers
  • Others
Micronutrient Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Micronutrient market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Micronutrient and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Micronutrient.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Micronutrient manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Micronutrient in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Micronutrient Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Micronutrient Sales Estimates and Forecasts (2019-2030)
1.3 Micronutrient Market by Type
  1.3.1 Soil Fertilizer
  1.3.2 Foliar Fertilizer
  1.3.3 Seed Treatment
  1.3.4 Hydroponics
  1.3.5 Others
1.4 Global Micronutrient Market Size by Type
  1.4.1 Global Micronutrient Market Size Overview by Type (2019-2030)
  1.4.2 Global Micronutrient Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Micronutrient Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Micronutrient Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Micronutrient Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Micronutrient Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Micronutrient Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Micronutrient Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Micronutrient Industry Trends
2.2 Micronutrient Industry Drivers
2.3 Micronutrient Industry Opportunities and Challenges
2.4 Micronutrient Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Micronutrient Revenue (2019-2024)
3.2 Global Top Players by Micronutrient Sales (2019-2024)
3.3 Global Top Players by Micronutrient Price (2019-2024)
3.4 Global Micronutrient Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Micronutrient Key Company Manufacturing Sites & Headquarters
3.6 Global Micronutrient Company, Product Type & Application
3.7 Global Micronutrient Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Micronutrient Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Micronutrient Players Market Share by Revenue in 2023
  3.8.3 2023 Micronutrient Tier 1, Tier 2, and Tier

4 MICRONUTRIENT REGIONAL STATUS AND OUTLOOK

4.1 Global Micronutrient Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Micronutrient Historic Market Size by Region
  4.2.1 Global Micronutrient Sales in Volume by Region (2019-2024)
  4.2.2 Global Micronutrient Sales in Value by Region (2019-2024)
  4.2.3 Global Micronutrient Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Micronutrient Forecasted Market Size by Region
  4.3.1 Global Micronutrient Sales in Volume by Region (2025-2030)
  4.3.2 Global Micronutrient Sales in Value by Region (2025-2030)
  4.3.3 Global Micronutrient Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 MICRONUTRIENT BY APPLICATION

5.1 Micronutrient Market by Application
  5.1.1 Cereals
  5.1.2 Fruits and Vegetables
  5.1.3 Flowers
  5.1.4 Others
5.2 Global Micronutrient Market Size by Application
  5.2.1 Global Micronutrient Market Size Overview by Application (2019-2030)
  5.2.2 Global Micronutrient Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Micronutrient Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Micronutrient Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Micronutrient Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Micronutrient Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Micronutrient Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Micronutrient Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 BASF
  6.1.1 BASF Comapny Information
  6.1.2 BASF Business Overview
  6.1.3 BASF Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 BASF Micronutrient Product Portfolio
  6.1.5 BASF Recent Developments
6.2 AkzoNobel
  6.2.1 AkzoNobel Comapny Information
  6.2.2 AkzoNobel Business Overview
  6.2.3 AkzoNobel Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 AkzoNobel Micronutrient Product Portfolio
  6.2.5 AkzoNobel Recent Developments
6.3 Yara International
  6.3.1 Yara International Comapny Information
  6.3.2 Yara International Business Overview
  6.3.3 Yara International Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Yara International Micronutrient Product Portfolio
  6.3.5 Yara International Recent Developments
6.4 Haifa
  6.4.1 Haifa Comapny Information
  6.4.2 Haifa Business Overview
  6.4.3 Haifa Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Haifa Micronutrient Product Portfolio
  6.4.5 Haifa Recent Developments
6.5 Nutrien
  6.5.1 Nutrien Comapny Information
  6.5.2 Nutrien Business Overview
  6.5.3 Nutrien Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Nutrien Micronutrient Product Portfolio
  6.5.5 Nutrien Recent Developments
6.6 Stoller
  6.6.1 Stoller Comapny Information
  6.6.2 Stoller Business Overview
  6.6.3 Stoller Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Stoller Micronutrient Product Portfolio
  6.6.5 Stoller Recent Developments
6.7 Mosaic
  6.7.1 Mosaic Comapny Information
  6.7.2 Mosaic Business Overview
  6.7.3 Mosaic Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Mosaic Micronutrient Product Portfolio
  6.7.5 Mosaic Recent Developments
6.8 JR Simplot
  6.8.1 JR Simplot Comapny Information
  6.8.2 JR Simplot Business Overview
  6.8.3 JR Simplot Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 JR Simplot Micronutrient Product Portfolio
  6.8.5 JR Simplot Recent Developments
6.9 Nulex
  6.9.1 Nulex Comapny Information
  6.9.2 Nulex Business Overview
  6.9.3 Nulex Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Nulex Micronutrient Product Portfolio
  6.9.5 Nulex Recent Developments
6.10 Sapec SA
  6.10.1 Sapec SA Comapny Information
  6.10.2 Sapec SA Business Overview
  6.10.3 Sapec SA Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Sapec SA Micronutrient Product Portfolio
  6.10.5 Sapec SA Recent Developments
6.11 Wolf Trax
  6.11.1 Wolf Trax Comapny Information
  6.11.2 Wolf Trax Business Overview
  6.11.3 Wolf Trax Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Wolf Trax Micronutrient Product Portfolio
  6.11.5 Wolf Trax Recent Developments
6.12 DAYAL GROUP
  6.12.1 DAYAL GROUP Comapny Information
  6.12.2 DAYAL GROUP Business Overview
  6.12.3 DAYAL GROUP Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 DAYAL GROUP Micronutrient Product Portfolio
  6.12.5 DAYAL GROUP Recent Developments
6.13 SAM HPRP
  6.13.1 SAM HPRP Comapny Information
  6.13.2 SAM HPRP Business Overview
  6.13.3 SAM HPRP Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 SAM HPRP Micronutrient Product Portfolio
  6.13.5 SAM HPRP Recent Developments
6.14 Frit Industries
  6.14.1 Frit Industries Comapny Information
  6.14.2 Frit Industries Business Overview
  6.14.3 Frit Industries Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Frit Industries Micronutrient Product Portfolio
  6.14.5 Frit Industries Recent Developments
6.15 Valagro
  6.15.1 Valagro Comapny Information
  6.15.2 Valagro Business Overview
  6.15.3 Valagro Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Valagro Micronutrient Product Portfolio
  6.15.5 Valagro Recent Developments
6.16 ATP Nutrition
  6.16.1 ATP Nutrition Comapny Information
  6.16.2 ATP Nutrition Business Overview
  6.16.3 ATP Nutrition Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 ATP Nutrition Micronutrient Product Portfolio
  6.16.5 ATP Nutrition Recent Developments
6.17 Kronos Micronutrients
  6.17.1 Kronos Micronutrients Comapny Information
  6.17.2 Kronos Micronutrients Business Overview
  6.17.3 Kronos Micronutrients Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 Kronos Micronutrients Micronutrient Product Portfolio
  6.17.5 Kronos Micronutrients Recent Developments
6.18 Sun Agrigenetics
  6.18.1 Sun Agrigenetics Comapny Information
  6.18.2 Sun Agrigenetics Business Overview
  6.18.3 Sun Agrigenetics Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.18.4 Sun Agrigenetics Micronutrient Product Portfolio
  6.18.5 Sun Agrigenetics Recent Developments
6.19 QC Corporation
  6.19.1 QC Corporation Comapny Information
  6.19.2 QC Corporation Business Overview
  6.19.3 QC Corporation Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.19.4 QC Corporation Micronutrient Product Portfolio
  6.19.5 QC Corporation Recent Developments
6.20 Coromandel International
  6.20.1 Coromandel International Comapny Information
  6.20.2 Coromandel International Business Overview
  6.20.3 Coromandel International Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.20.4 Coromandel International Micronutrient Product Portfolio
  6.20.5 Coromandel International Recent Developments
6.21 Microfeed
  6.21.1 Microfeed Comapny Information
  6.21.2 Microfeed Business Overview
  6.21.3 Microfeed Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.21.4 Microfeed Micronutrient Product Portfolio
  6.21.5 Microfeed Recent Developments
6.22 Sinofert Holding
  6.22.1 Sinofert Holding Comapny Information
  6.22.2 Sinofert Holding Business Overview
  6.22.3 Sinofert Holding Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.22.4 Sinofert Holding Micronutrient Product Portfolio
  6.22.5 Sinofert Holding Recent Developments
6.23 Jinpai Fertilier
  6.23.1 Jinpai Fertilier Comapny Information
  6.23.2 Jinpai Fertilier Business Overview
  6.23.3 Jinpai Fertilier Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.23.4 Jinpai Fertilier Micronutrient Product Portfolio
  6.23.5 Jinpai Fertilier Recent Developments
6.24 Hui Yi Chemical
  6.24.1 Hui Yi Chemical Comapny Information
  6.24.2 Hui Yi Chemical Business Overview
  6.24.3 Hui Yi Chemical Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.24.4 Hui Yi Chemical Micronutrient Product Portfolio
  6.24.5 Hui Yi Chemical Recent Developments
6.25 Wintong Chemicals
  6.25.1 Wintong Chemicals Comapny Information
  6.25.2 Wintong Chemicals Business Overview
  6.25.3 Wintong Chemicals Micronutrient Sales, Revenue and Gross Margin (2019-2024)
  6.25.4 Wintong Chemicals Micronutrient Product Portfolio
  6.25.5 Wintong Chemicals Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Micronutrient Sales by Country
  7.1.1 North America Micronutrient Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Micronutrient Sales by Country (2019-2024)
  7.1.3 North America Micronutrient Sales Forecast by Country (2025-2030)
7.2 North America Micronutrient Market Size by Country
  7.2.1 North America Micronutrient Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Micronutrient Market Size by Country (2019-2024)
  7.2.3 North America Micronutrient Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Micronutrient Sales by Country
  8.1.1 Europe Micronutrient Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Micronutrient Sales by Country (2019-2024)
  8.1.3 Europe Micronutrient Sales Forecast by Country (2025-2030)
8.2 Europe Micronutrient Market Size by Country
  8.2.1 Europe Micronutrient Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Micronutrient Market Size by Country (2019-2024)
  8.2.3 Europe Micronutrient Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Micronutrient Sales by Country
  9.1.1 Asia-Pacific Micronutrient Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Micronutrient Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Micronutrient Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Micronutrient Market Size by Country
  9.2.1 Asia-Pacific Micronutrient Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Micronutrient Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Micronutrient Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Micronutrient Sales by Country
  10.1.1 Latin America Micronutrient Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Micronutrient Sales by Country (2019-2024)
  10.1.3 Latin America Micronutrient Sales Forecast by Country (2025-2030)
10.2 Latin America Micronutrient Market Size by Country
  10.2.1 Latin America Micronutrient Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Micronutrient Market Size by Country (2019-2024)
  10.2.3 Latin America Micronutrient Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Micronutrient Sales by Country
  11.1.1 Middle East and Africa Micronutrient Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Micronutrient Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Micronutrient Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Micronutrient Market Size by Country
  11.2.1 Middle East and Africa Micronutrient Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Micronutrient Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Micronutrient Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Micronutrient Value Chain Analysis
  12.1.1 Micronutrient Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Micronutrient Production Mode & Process
12.2 Micronutrient Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Micronutrient Distributors
  12.2.3 Micronutrient Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


More Publications