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Micronutrient Fertilizers Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024


The “Micronutrient Fertilizers Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Micronutrient Fertilizers Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Micronutrient Fertilizers market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Micronutrient Fertilizers Market Are:

  • The Mosaic Company
  • FMC Corporation
  • Akzonobel NV
  • Yara International ASA
  • Agrium Inc.
  • Haifa Group
  • Valagro Spa
  • Coromandel International Limited
  • Wolf Trax
  • Sapec Group
  • Auriga Group
  • ATP Nutrition Ltd
  • Wilbur
  • Ellis Company (US)
  • The Andersons Plant Nutrition (Nulex Inc)
  • Stoller Enterprises Inc.
  • Zuari Agro Chemicals Ltd
  • BMS Micro
  • Nutrients Nv
  • Baicor L.C.
  • Arysta Lifescience Corporation
  • Aries Agro Ltd
  • Drexel Chemical
  • Old Bridge Chemicals Inc.

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    Market Overview:

  • The micronutrient fertilizers market was valued at USD 1.06 billion in the year 2018 and the market is projected to register a CAGR of 8.59%, over the forecast period (2019-2024). Increasing incidence of micronutrient deficiencies in soils around the world, coupled with increasing promotion of micronutrient usage by governmental and non-governmental organizations, are driving the market for micronutrient fertilizers.
  • Scope of the Report:

  • Micronutrients play a significant role in ensuring balanced nutrition to the plants. The lack of any of the micronutrients may limit plant growth. Many micronutrient fertilizer products are available in the market and due to their low requirement, they are usually applied along with NPK fertilizers. Method of application, cost per unit, and other important factors influence the choice of micronutrient source.

    Micronutrient Fertilizers Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Micronutrient Fertilizers market?
    • What are the key market trends impacting the growth of the global Micronutrient Fertilizers market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Micronutrient Fertilizers market?
    • What are the market opportunities and threats faced by the vendors in the global Micronutrient Fertilizers market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Micronutrient Fertilizers market?

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    Key Market Trends:

    Growing Food Demand and Shrinking Farm Land

    Agricultural production across the world will need to be doubled over the next 36 years to meet the demand from 9 billion people. Certainly, technology will continue to play a major role in this progress. Increase in urbanization and lower availability of arable land are motivating farmers to adopt efficient techniques. There are broader acceptance and recognition of the collective benefits of micronutrient fertilizers. The amount of arable land per-person is declining and the population is expanding. Hence, crop-yields must increase to meet food production needs. As a result, the world is witnessing the most dramatic demand increase for micronutrient fertilizers and for agricultural production.

    Increasing Micronutrient Fertilizers Consumption in the Asia – Pacific Region

    The Asia – Pacific micronutrient fertilizers market is the most developed and widespread in the global market. The distribution network of micronutrient fertilizers is well-established in major Asia – Pacific countries. This is further helping deepen the market of various micronutrients fertilizer products in the region. The increasing demand for food grains, coupled with decreasing nutrients in the soil, is one of the major factors driving the growth of the market in the region. Government policies and subsidies in most Asia – Pacific countries support their expansion. It is estimated that micronutrient content in soil is very less in most Asia – Pacific countries, far less than the same in developed nations. In Asia – Pacific, 10% of the Indian soil has phosphorus content and the average potassium content in soil is low by international standards. Japan has a highly active research base in micronutrient fertilizers.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Micronutrient Fertilizers Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Micronutrient Fertilizers .

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    Report Objectives:

    • Analyzing the size of the Micronutrient Fertilizers market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Micronutrient Fertilizers market.
    • Determining the key dynamics of the Micronutrient Fertilizers market.
    • Highlighting significant trends of the Micronutrient Fertilizers market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Micronutrient Fertilizers market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Micronutrient Fertilizers market.

    Detailed TOC of Micronutrient Fertilizers Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of Substitute Products
    4.4.4 Threat of New Entrants
    4.4.5 Competitive Rivalry

    5.1 By Type
    5.1.1 Zinc
    5.1.2 Manganese
    5.1.3 Copper
    5.1.4 Boron
    5.1.5 Molybdenum
    5.1.6 Iron
    5.1.7 Other Types
    5.2 By Form
    5.2.1 Chelated
    5.2.2 Non – chelated
    5.3 By Crop Type
    5.3.1 Grains and Cereals
    5.3.2 Oilseeds and Pulses
    5.3.3 Fruits and Vegetables
    5.3.4 Other Crop Types
    5.4 By Function
    5.4.1 Soil
    5.4.2 Foliar
    5.4.3 Fertigation
    5.4.4 Other Functions
    5.5 Geography
    5.5.1 North America United States Canada Mexico Rest of North America
    5.5.2 Europe Germany United Kingdom France Spain Italy Russia Rest of Europe
    5.5.3 Asia – Pacific China Japan India Australia Rest of Asia – Pacific
    5.5.4 South America Brazil Argentina Rest of South America
    5.5.5 Africa South Africa Rest of Africa

    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 The Mosaic Company
    6.3.2 FMC Corporation
    6.3.3 Akzonobel NV
    6.3.4 Yara International ASA
    6.3.5 BASF SE
    6.3.6 Agrium Inc.
    6.3.7 Haifa Group
    6.3.8 Valagro Spa
    6.3.9 Coromandel International Limited
    6.3.10 Wolf Trax
    6.3.11 Sapec Group
    6.3.12 Auriga Group
    6.3.13 ATP Nutrition Ltd
    6.3.14 Wilbur-Ellis Company (US)
    6.3.15 The Andersons Plant Nutrition (Nulex Inc)
    6.3.16 Stoller Enterprises Inc.
    6.3.17 Zuari Agro Chemicals Ltd
    6.3.18 BMS Micro-Nutrients Nv
    6.3.19 Baicor L.C.
    6.3.20 Arysta Lifescience Corporation
    6.3.21 Aries Agro Ltd
    6.3.22 Drexel Chemical
    6.3.23 Old Bridge Chemicals Inc.



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