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Agricultural Micronutrients Market

Rapid decline in arable land and mounting pressure to increase crop productivity is fueling market growth

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Agricultural Micronutrients Market

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  1. Agricultural Micronutrients Market To Reach USD 6.9 Billion By 2028 www.reportsanddata.com

  2. Rapid decline in arable land and mounting pressure to increase crop productivity is fueling market growth Market Size – USD 3.7 Billion in 2020, Market Growth – at a CAGR of 8.6%, Market Trends – Growing awareness regarding food security The global Agricultural Micronutrients market is expected to reach a value of USD 6.9 Billion by 2028 and register a CAGR of 8.6%, according to the latest report by Reports and Data. Micronutrients including iron, copper, zinc, and boron are considered essential for plants growth. Micronutrient deficiency can result in numerous plant diseases, reducing quantity and quality of crops and yield. Growing preference for genetically modified seeds globally is a primary factor supporting revenue growth of the agricultural micronutrients market and the trend is expected to continue going forward. Rising use of special chemical fertilizers is augmenting demand for micronutrients as it aids in protecting crops from UV radiation, insects, and parasites, and promotes increased yield. Demand for zinc is increasing across various regions, particularly countries in Asia Pacific. Due to zinc deficiency in soil, agricultural crop productivity and yield decreases over time. www.reportsanddata.com

  3. Market Summary Beneficial Aspectsof the Report: Zinc biofortification is considered an appropriate solution for addressing deficiencies, especially in human health. Rising demand for zinc biofortification is a primary factor driving revenue growth of this segment, and the trend is expected to continue over the forecast period. Asia Pacific is expected to register the largest revenue share in the industry during the forecast period. Revenue growth of the market in the region is attributed to increasing crop cultivation, rising interest of consumers in high quality and healthy food, and growing awareness regarding benefits and advantages of agricultural micronutrients among farmers in emerging economies, including India and China. www.reportsanddata.com Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3935

  4. Market Summary Some of the key players operating in the Market include: Major manufacturers in the agricultural micronutrients market include AkzoNobel (Netherlands), BASF SE (Germany), Nutrien, Ltd. (Canada), The Mosaic Company (US), Yara International ASA (Norway), Valagro (Italy), and Compass minerals international (US). Type Outlook (Revenue, USD Billion, 2018 - 2028) Zinc Boron Iron Manganese Molybdenum Others (Chlorine and Nickel) www.reportsanddata.com To know more about the report, click @ https://www.reportsanddata.com/report-detail/agricultural- micronutrients-market

  5. Market Summary Further key findings from the report suggest Crop Type Outlook (Revenue, USD Billion, 2018 - 2028) Cereals & grains Oilseeds & pulses Fruits & vegetables Others (Turfs, ornamentals, plantation crops, forages, and fiber crops) Form Outlook (Revenue, USD Billion, 2018 - 2028) Chelated Non-Chelated Mode of Application Outlook (Revenue, USD Billion, 2018 - 2028) Soil Foliar Fertigation Others (Seed treatment, trunk injection, and implantation) www.reportsanddata.com Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3935

  6. About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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