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“Agricultural Micronutrients Market, Size, Share, Opportunities analysis, By Crop type (Cereals & grains, Fruits & vegetables, Others), By Type (Zinc, Boron, Iron, Others), By Form (Chelated, Non-Chelated), and By Region regional forecast, 2020-2028.”
The global Agricultural Micronutrients market is anticipated to expand at a CAGR of 8.5 % between 2020 and 2027 and earn around US 5.8 billion$ by 2028. One of the major drivers of the global Agricultural Micronutrients market is the increase in the focus for improving crop production and quality so as to obtain a high yield. The surge in the incidences of crop contamination and development in the research activities for micronutrient fertilizers are attributed to the rise in the market revenue
The rise in the population and an increase in the consumption of agricultural produces and positively impacted the market
Key trends of global Agricultural Micronutrients market
The players of the Agricultural Micronutrients Market are fragmented as a number of players are competing against each other. Agricultural Micronutrients companies focus more on launching innovative and efficient products and fertilizers signing merger and acquisition deals, and increasing market presence in emerging countries Helena Chemical Company AkzoNobel, Nutrien, Ltd., Nufarm, Coromandel International Ltd, and BASF SE. are the key players of the global Agricultural Micronutrients market.
Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2019-2028 |
Unit | Value (USD Billion) |
Market scope | By Crop type
· Cereals & grains · Fruits & vegetables · Others |
By Type
· Zinc · Boron · Iron · Others |
|
By Form
· Chelated · Non-Chelated |
|
By Region
· North America (U.S., Canada, and Mexico) · Europe (U.K., France, Italy, Spain, Germany, Russia, and the Rest of Europe) · Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific) · South America, Middle East & Africa (Brazil, South Africa, UAE, and the Rest of the region) |