Micronutrients such as copper, iron, zinc, and boron, are considered as essential elements for plant growth and play an important role in balanced crop nutrition. They are essential for plant nutrition along with primary and secondary macronutrients such as nitrogen, phosphorous, potassium, and others. Plants require these in minute quantities However, deficiency of any one of the micronutrients in soil can limit the growth of plants, even after presence of adequate amounts of all the other nutrients. Unavailability of micronutrients inhibit the critical functions of crops that can lead to abnormality, slow growth, and reduced yield. The requirement of effective fertilizers because of poor soil quality acts as a major driver for the crop micronutrients market. In addition, increase in demand for biofuels due to depleting conventional fuels reserves fuels the growth of the crop micronutrients market.
Increase in population and rise in economy of the developing countries have fueled the consumption of food. In addition, agricultural land is lost after it is being converted for other purposes, such as highways, housing, and factories. Hence, it is important to maintain the nutrient level in crops & soil to enhance the productivity and growth of crops. To produce enough food for population across the globe with available cultivable land, farmers are incorporating micronutrients with other essential ingredients for agriculture in the form of fertilizers. Chemical fertilizers that consist of micronutrients protect crops from insects as well as UV radiation, and offer increased yield. Moreover, the lack of micronutrients can lead to various diseases in plants such as chlorosis, yellowing of leaves, gummosis, and others, which reduce quality and quantity of plants. Use of micronutrients for various crops such as cereals & grains, fruits & vegetables, pulses, and oilseeds through various application such as fertigation, soil, foliar, seed treatment and others are expected to boost plant immunity, thereby driving the crop micronutrients market.
Factors such as the appeal for quality and uniform crop yield due to the population expansion across the globe and decrease in cultivable land fuel the demand for agricultural micronutrients. However, mining of micronutrient reserves, lack of awareness among farmers in developing countries regarding dosage and proper application of micronutrients are expected to restrain the growth of the global crop micronutrients market during the forecast period. Furthermore, the adoption of new methods of farming for improving productivity will be providing lucrative opportunities for micronutrient fortified products.
The report on the global crop micronutrients market is segmented based on form, product type, crop type, application, and geography. Based on form the global crop micronutrients market is bifurcated into chelated and non-chelated micronutrients. According to product type, the crop micronutrient market is segmented into boron, copper, iron, manganese, molybdenum, zinc, and others. Based on crop type it is classified into cereals & grains, fruits & vegetables, pulses & oilseeds, and others. By application, the report is segmented into fertigation, soil, foliar, seed treatment, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top market players in the global market include 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, and Yara International.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the crop micronutrients market with current trends and future estimations to elucidate the investment pockets.
Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierabuyer network
A comprehensive analysis of factors that drive and restrict the growth of the crop micronutrients market is provided.
The report provides a quantitative analysis to help the stakeholders to capitalize on the prevailing market opportunities.
The report includes a detailed analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the crop micronutrients market.
KEY MARKET SEGMENTS
By Form
Chelated
Non-Chelated
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
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
OTHER PLAYERS
Other prominent players in crop micronutrients market are as follows.
E. I. du Pont de Nemours and Company
Nufarm Limited
Wolf Trax Inc.
Coromandel International Ltd.
Agrium Inc.
Syngenta International AG
Haifa Chemicals Ltd.
Grow More, Inc.
Stoller USA, Inc.
*Profiles of these players are not included in the report, but can be included on request
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Key Findings of The Study
2.3. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top investment pocket
3.2.2. Top impacting factors
3.3. Porter's five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitute
3.3.5. Intensity of competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increasing deficiency of micronutrients in the soil
3.4.1.2. Depleting oil reserves increasing the demand for biofuels
3.4.1.3. Growing worldwide population elevating the demand for food products
3.4.2. Restraints
3.4.2.1. Lack of awareness regarding dosage and proper application of micronutrients among farmers
3.4.2.2. Availability of cheap alternatives and counterfeit products
3.4.3. Opportunities
3.4.3.1. Increase in new methods of farming
CHAPTER 4: CROP MICRONUTRIENTS MARKET, BY FORM
4.1. Overview
4.1.1. Key market trends, growth factors, and opportunities
4.1.2. Market size and forecast
4.2. Chelated Micronutrients
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis by country
4.3. Non-chelated Micronutrients
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis by country
CHAPTER 5: CROP MICRONUTRIENTS MARKET, BY PRODUCT TYPE
5.1. Overview
5.1.1. Key market trends, growth factors, and opportunities
5.1.2. Market size and forecast
5.2. Boron
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis by country
5.3. Copper
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis by country
5.4. Iron
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis by country
5.5. Manganese
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis by country
5.6. Molybdenum
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
5.6.3. Market analysis by country
5.7. Zinc
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast
5.7.3. Market analysis by country
5.8. Others
5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast
5.8.3. Market analysis by country
CHAPTER 6: CROP MICRONUTRIENTS MARKET, BY CROP TYPE
6.1. Overview
6.1.1. Key market trends, growth factors, and opportunities
6.1.2. Market size and forecast
6.2. Cereals & Grains
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. Market analysis by country
6.3. Fruits & Vegetables
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. Market analysis by country
6.4. Pulses and Oilseeds
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
6.4.3. Market analysis by country
6.5. Others
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast
6.5.3. Market analysis by country
CHAPTER 7: CROP MICRONUTRIENTS MARKET, BY APPLICATION
7.1. Overview
7.1.1. Key market trends, growth factors, and opportunities
7.1.2. Market size and forecast
7.2. Fertigation
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.2.3. Market analysis by country
7.3. Soil
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast
7.3.3. Market analysis by country
7.4. Pulses and Oilseeds
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast
7.4.3. Market analysis by country
7.5. Others
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.5.3. Market analysis by country
CHAPTER 8: CROP MICRONUTRIENTS MARKET, BY GEOGRAPHY
8.1. Overview
8.1.1. Key market trends, growth factors, and opportunities
8.1.2. Market size and forecast
8.2. North America
8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by country
8.2.3. U.S.
8.2.3.1. Market size and forecast
8.2.3.2. Market size and forecast, by form
8.2.3.1. Market size and forecast, by product type
8.2.3.1. Market size and forecast, by crop type
8.2.3.1. Market size and forecast, by application
8.2.4. Canada
8.2.4.1. Market size and forecast
8.2.4.2. Market size and forecast, by form
8.2.4.3. Market size and forecast, by product type
8.2.4.4. Market size and forecast, by crop type
8.2.4.5. Market size and forecast, by application
8.2.5. Mexico
8.2.5.1. Market size and forecast
8.2.5.2. Market size and forecast, by form
8.2.5.3. Market size and forecast, by product type
8.2.5.4. Market size and forecast, by crop type
8.2.5.5. Market size and forecast, by application
8.3. Europe
8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by form
8.3.3. Market size and forecast, by country
8.3.4. UK
8.3.4.1. Market size and forecast
8.3.4.2. Market size and forecast, by form
8.3.4.3. Market size and forecast, by product type
8.3.4.4. Market size and forecast, by crop type
8.3.4.5. Market size and forecast, by application
8.3.5. Germany
8.3.5.1. Market size and forecast
8.3.5.2. Market size and forecast, by form
8.3.5.3. Market size and forecast, by product type
8.3.5.4. Market size and forecast, by crop type
8.3.5.5. Market size and forecast, by application
8.3.6. France
8.3.6.1. Market size and forecast
8.3.6.2. Market size and forecast, by form
8.3.6.3. Market size and forecast, by product type
8.3.6.4. Market size and forecast, by crop type
8.3.6.5. Market size and forecast, by application
8.3.7. Spain
8.3.7.1. Market size and forecast
8.3.7.2. Market size and forecast, by form
8.3.7.3. Market size and forecast, by product type
8.3.7.4. Market size and forecast, by crop type
8.3.7.5. Market size and forecast, by application
8.3.8. Italy
8.3.8.1. Market size and forecast
8.3.8.2. Market size and forecast, by form
8.3.8.3. Market size and forecast, by product type
8.3.8.4. Market size and forecast, by crop type
8.3.8.5. Market size and forecast, by application
8.3.9. Rest of Europe
8.3.9.1. Market size and forecast
8.3.9.1. Market size and forecast, by form
8.3.9.2. Market size and forecast, by product type
8.3.9.3. Market size and forecast, by crop type
8.3.9.4. Market size and forecast, by application
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by form
8.4.3. Market size and forecast, by product type
8.4.4. Market size and forecast, by crop type
8.4.5. Market size and forecast, by application
8.4.6. Market size and forecast, by country
8.4.7. China
8.4.7.1. Market size and forecast
8.4.7.2. Market size and forecast, by form
8.4.7.3. Market size and forecast, by product type
8.4.7.4. Market size and forecast, by crop type
8.4.7.5. Market size and forecast, by application
8.4.8. Japan
8.4.8.1. Market size and forecast
8.4.8.2. Market size and forecast, by form
8.4.8.3. Market size and forecast, by product type
8.4.8.4. Market size and forecast, by crop type
8.4.8.5. Market size and forecast, by application
8.4.9. India
8.4.9.1. Market size and forecast
8.4.9.2. Market size and forecast, by form
8.4.9.3. Market size and forecast, by product type
8.4.9.4. Market size and forecast, by crop type
8.4.9.5. Market size and forecast, by application
8.4.10. Australia
8.4.10.1. Market size and forecast
8.4.10.2. Market size and forecast, by form
8.4.10.3. Market size and forecast, by product type
8.4.10.4. Market size and forecast, by crop type
8.4.10.5. Market size and forecast, by application
8.4.11. South Korea
8.4.11.1. Market size and forecast
8.4.11.2. Market size and forecast, by form
8.4.11.3. Market size and forecast, by product type
8.4.11.4. Market size and forecast, by crop type
8.4.11.5. Market size and forecast, by application
8.4.12. Rest of Asia-Pacific
8.4.12.1. Market size and forecast
8.4.12.2. Market size and forecast, by form
8.4.12.3. Market size and forecast, by product type
8.4.12.4. Market size and forecast, by crop type
8.4.12.5. Market size and forecast, by application
8.5. LAMEA
8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by application
8.5.2.1. Market size and forecast, by form
8.5.2.2. Market size and forecast, by product type
8.5.2.3. Market size and forecast, by crop type
8.5.2.4. Market size and forecast, by application
8.5.3. Market size and forecast, by country
8.5.4. Brazil
8.5.4.1. Market size and forecast
8.5.4.2. Market size and forecast, by form
8.5.4.3. Market size and forecast, by product type
8.5.4.4. Market size and forecast, by crop type
8.5.4.5. Market size and forecast, by application
8.5.5. Saudi Arabia
8.5.5.1. Market size and forecast
8.5.5.2. Market size and forecast, by form
8.5.5.3. Market size and forecast, by product type
8.5.5.4. Market size and forecast, by crop type
8.5.5.5. Market size and forecast, by application
8.5.6. South Africa
8.5.6.1. Market size and forecast
8.5.6.2. Market size and forecast, by form
8.5.6.3. Market size and forecast, by product type
8.5.6.4. Market size and forecast, by crop type
8.5.6.5. Market size and forecast, by application
8.5.7. Rest of LAMEA
8.5.7.1. Market size and forecast
8.5.7.2. Market size and forecast, by form
8.5.7.3. Market size and forecast, by product type
8.5.7.4. Market size and forecast, by crop type
8.5.7.5. Market size and forecast, by application
CHAPTER 9: COMPANY PROFILES
9.1. Akzo Nobel N.V
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.1.5. Business performance
9.1.6. Key strategic moves and developments
9.2. Aries Agro Ltd.
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.2.6. Key strategic moves and developments
9.3. Baicor, L.C.
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments
9.4. BASF SE
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. Key strategic moves and developments
9.5. Compass Minerals International, Inc
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product portfolio
9.5.5. Business performance
9.5.6. Key strategic moves and developments
9.6. DowDuPont Inc.
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Product portfolio
9.6.5. Business performance
9.6.6. Key strategic moves and developments
9.7. The Mosaic Company
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. Business performance
9.7.6. Key strategic moves and developments
9.8. Nutrien Ltd.
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.8.6. Key strategic moves and developments
9.9. Western Nutrients Corporation
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.9.6. Key strategic moves and developments
9.10. Yara international ASA
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product portfolio
9.10.5. Business performance
9.10.6. Key strategic moves and developments