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Micronutrient Industry Research Report 2024

April 2024 | 146 pages | ID: M5538114AEF2EN
APO Research

US$ 2,950.00

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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 valued at US$ million in 2023 and is anticipated to reach 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 report will help the Micronutrient manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

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

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Micronutrient by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Micronutrient in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: 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 11: The main points and conclusions of the report.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Micronutrient by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  2.2.2 Soil Fertilizer
  2.2.3 Foliar Fertilizer
  2.2.4 Seed Treatment
  2.2.5 Hydroponics
  2.2.6 Others
2.3 Micronutrient by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Cereals
  2.3.3 Fruits and Vegetables
  2.3.4 Flowers
  2.3.5 Others
2.4 Global Market Growth Prospects
  2.4.1 Global Micronutrient Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global Micronutrient Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global Micronutrient Production Estimates and Forecasts (2019-2030)
  2.4.4 Global Micronutrient Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global Micronutrient Production by Manufacturers (2019-2024)
3.2 Global Micronutrient Production Value by Manufacturers (2019-2024)
3.3 Global Micronutrient Average Price by Manufacturers (2019-2024)
3.4 Global Micronutrient Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Micronutrient Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Micronutrient Manufacturers, Product Type & Application
3.7 Global Micronutrient Manufacturers, Date of Enter into This Industry
3.8 Global Micronutrient Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 BASF
  4.1.1 BASF Micronutrient Company Information
  4.1.2 BASF Micronutrient Business Overview
  4.1.3 BASF Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.1.4 BASF Product Portfolio
  4.1.5 BASF Recent Developments
4.2 AkzoNobel
  4.2.1 AkzoNobel Micronutrient Company Information
  4.2.2 AkzoNobel Micronutrient Business Overview
  4.2.3 AkzoNobel Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.2.4 AkzoNobel Product Portfolio
  4.2.5 AkzoNobel Recent Developments
4.3 Yara International
  4.3.1 Yara International Micronutrient Company Information
  4.3.2 Yara International Micronutrient Business Overview
  4.3.3 Yara International Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.3.4 Yara International Product Portfolio
  4.3.5 Yara International Recent Developments
4.4 Haifa
  4.4.1 Haifa Micronutrient Company Information
  4.4.2 Haifa Micronutrient Business Overview
  4.4.3 Haifa Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.4.4 Haifa Product Portfolio
  4.4.5 Haifa Recent Developments
4.5 Nutrien
  4.5.1 Nutrien Micronutrient Company Information
  4.5.2 Nutrien Micronutrient Business Overview
  4.5.3 Nutrien Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.5.4 Nutrien Product Portfolio
  4.5.5 Nutrien Recent Developments
4.6 Stoller
  4.6.1 Stoller Micronutrient Company Information
  4.6.2 Stoller Micronutrient Business Overview
  4.6.3 Stoller Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.6.4 Stoller Product Portfolio
  4.6.5 Stoller Recent Developments
4.7 Mosaic
  4.7.1 Mosaic Micronutrient Company Information
  4.7.2 Mosaic Micronutrient Business Overview
  4.7.3 Mosaic Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.7.4 Mosaic Product Portfolio
  4.7.5 Mosaic Recent Developments
4.8 JR Simplot
  4.8.1 JR Simplot Micronutrient Company Information
  4.8.2 JR Simplot Micronutrient Business Overview
  4.8.3 JR Simplot Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.8.4 JR Simplot Product Portfolio
  4.8.5 JR Simplot Recent Developments
4.9 Nulex
  4.9.1 Nulex Micronutrient Company Information
  4.9.2 Nulex Micronutrient Business Overview
  4.9.3 Nulex Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.9.4 Nulex Product Portfolio
  4.9.5 Nulex Recent Developments
4.10 Sapec SA
  4.10.1 Sapec SA Micronutrient Company Information
  4.10.2 Sapec SA Micronutrient Business Overview
  4.10.3 Sapec SA Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.10.4 Sapec SA Product Portfolio
  4.10.5 Sapec SA Recent Developments
4.11 Wolf Trax
  4.11.1 Wolf Trax Micronutrient Company Information
  4.11.2 Wolf Trax Micronutrient Business Overview
  4.11.3 Wolf Trax Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.11.4 Wolf Trax Product Portfolio
  4.11.5 Wolf Trax Recent Developments
4.12 DAYAL GROUP
  4.12.1 DAYAL GROUP Micronutrient Company Information
  4.12.2 DAYAL GROUP Micronutrient Business Overview
  4.12.3 DAYAL GROUP Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.12.4 DAYAL GROUP Product Portfolio
  4.12.5 DAYAL GROUP Recent Developments
4.13 SAM HPRP
  4.13.1 SAM HPRP Micronutrient Company Information
  4.13.2 SAM HPRP Micronutrient Business Overview
  4.13.3 SAM HPRP Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.13.4 SAM HPRP Product Portfolio
  4.13.5 SAM HPRP Recent Developments
4.14 Frit Industries
  4.14.1 Frit Industries Micronutrient Company Information
  4.14.2 Frit Industries Micronutrient Business Overview
  4.14.3 Frit Industries Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.14.4 Frit Industries Product Portfolio
  4.14.5 Frit Industries Recent Developments
4.15 Valagro
  4.15.1 Valagro Micronutrient Company Information
  4.15.2 Valagro Micronutrient Business Overview
  4.15.3 Valagro Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.15.4 Valagro Product Portfolio
  4.15.5 Valagro Recent Developments
4.16 ATP Nutrition
  4.16.1 ATP Nutrition Micronutrient Company Information
  4.16.2 ATP Nutrition Micronutrient Business Overview
  4.16.3 ATP Nutrition Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.16.4 ATP Nutrition Product Portfolio
  4.16.5 ATP Nutrition Recent Developments
4.17 Kronos Micronutrients
  4.17.1 Kronos Micronutrients Micronutrient Company Information
  4.17.2 Kronos Micronutrients Micronutrient Business Overview
  4.17.3 Kronos Micronutrients Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.17.4 Kronos Micronutrients Product Portfolio
  4.17.5 Kronos Micronutrients Recent Developments
4.18 Sun Agrigenetics
  4.18.1 Sun Agrigenetics Micronutrient Company Information
  4.18.2 Sun Agrigenetics Micronutrient Business Overview
  4.18.3 Sun Agrigenetics Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.18.4 Sun Agrigenetics Product Portfolio
  4.18.5 Sun Agrigenetics Recent Developments
4.19 QC Corporation
  4.19.1 QC Corporation Micronutrient Company Information
  4.19.2 QC Corporation Micronutrient Business Overview
  4.19.3 QC Corporation Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.19.4 QC Corporation Product Portfolio
  4.19.5 QC Corporation Recent Developments
4.20 Coromandel International
  4.20.1 Coromandel International Micronutrient Company Information
  4.20.2 Coromandel International Micronutrient Business Overview
  4.20.3 Coromandel International Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.20.4 Coromandel International Product Portfolio
  4.20.5 Coromandel International Recent Developments
4.21 Microfeed
  4.21.1 Microfeed Micronutrient Company Information
  4.21.2 Microfeed Micronutrient Business Overview
  4.21.3 Microfeed Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.21.4 Microfeed Product Portfolio
  4.21.5 Microfeed Recent Developments
4.22 Sinofert Holding
  4.22.1 Sinofert Holding Micronutrient Company Information
  4.22.2 Sinofert Holding Micronutrient Business Overview
  4.22.3 Sinofert Holding Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.22.4 Sinofert Holding Product Portfolio
  4.22.5 Sinofert Holding Recent Developments
4.23 Jinpai Fertilier
  4.23.1 Jinpai Fertilier Micronutrient Company Information
  4.23.2 Jinpai Fertilier Micronutrient Business Overview
  4.23.3 Jinpai Fertilier Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.23.4 Jinpai Fertilier Product Portfolio
  4.23.5 Jinpai Fertilier Recent Developments
4.24 Hui Yi Chemical
  4.24.1 Hui Yi Chemical Micronutrient Company Information
  4.24.2 Hui Yi Chemical Micronutrient Business Overview
  4.24.3 Hui Yi Chemical Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.24.4 Hui Yi Chemical Product Portfolio
  4.24.5 Hui Yi Chemical Recent Developments
4.25 Wintong Chemicals
  4.25.1 Wintong Chemicals Micronutrient Company Information
  4.25.2 Wintong Chemicals Micronutrient Business Overview
  4.25.3 Wintong Chemicals Micronutrient Production Capacity, Value and Gross Margin (2019-2024)
  4.25.4 Wintong Chemicals Product Portfolio
  4.25.5 Wintong Chemicals Recent Developments

5 GLOBAL MICRONUTRIENT PRODUCTION BY REGION

5.1 Global Micronutrient Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Micronutrient Production by Region: 2019-2030
  5.2.1 Global Micronutrient Production by Region: 2019-2024
  5.2.2 Global Micronutrient Production Forecast by Region (2025-2030)
5.3 Global Micronutrient Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Micronutrient Production Value by Region: 2019-2030
  5.4.1 Global Micronutrient Production Value by Region: 2019-2024
  5.4.2 Global Micronutrient Production Value Forecast by Region (2025-2030)
5.5 Global Micronutrient Market Price Analysis by Region (2019-2024)
5.6 Global Micronutrient Production and Value, YOY Growth
  5.6.1 North America Micronutrient Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe Micronutrient Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China Micronutrient Production Value Estimates and Forecasts (2019-2030)
  5.6.4 Japan Micronutrient Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL MICRONUTRIENT CONSUMPTION BY REGION

6.1 Global Micronutrient Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Micronutrient Consumption by Region (2019-2030)
  6.2.1 Global Micronutrient Consumption by Region: 2019-2030
  6.2.2 Global Micronutrient Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America Micronutrient Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America Micronutrient Consumption by Country (2019-2030)
  6.3.3 U.S.
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe Micronutrient Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe Micronutrient Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific Micronutrient Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific Micronutrient Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa Micronutrient Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa Micronutrient Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global Micronutrient Production by Type (2019-2030)
  7.1.1 Global Micronutrient Production by Type (2019-2030) & (MT)
  7.1.2 Global Micronutrient Production Market Share by Type (2019-2030)
7.2 Global Micronutrient Production Value by Type (2019-2030)
  7.2.1 Global Micronutrient Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global Micronutrient Production Value Market Share by Type (2019-2030)
7.3 Global Micronutrient Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global Micronutrient Production by Application (2019-2030)
  8.1.1 Global Micronutrient Production by Application (2019-2030) & (MT)
  8.1.2 Global Micronutrient Production by Application (2019-2030) & (MT)
8.2 Global Micronutrient Production Value by Application (2019-2030)
  8.2.1 Global Micronutrient Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global Micronutrient Production Value Market Share by Application (2019-2030)
8.3 Global Micronutrient Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

9.1 Micronutrient Value Chain Analysis
  9.1.1 Micronutrient Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Micronutrient Production Mode & Process
9.2 Micronutrient Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Micronutrient Distributors
  9.2.3 Micronutrient Customers

10 GLOBAL MICRONUTRIENT ANALYZING MARKET DYNAMICS

10.1 Micronutrient Industry Trends
10.2 Micronutrient Industry Drivers
10.3 Micronutrient Industry Opportunities and Challenges
10.4 Micronutrient Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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