The agricultural micronutrients market was valued at USD 5.43 Billion in 2016, and is projected to reach USD 8.81 Billion by 2022, growing at a CAGR of 8.60% from 2017, in terms of value. In terms of volume, the market is projected to reach 1,681.1 KT by 2022. The objectives of this study are to define, segment, and project the size of the agricultural micronutrients market based on type, crop type, mode of application, form, and key regions
- To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To analyze the competitive environment of the agricultural micronutrients market
- To provide the analysis of the research & development spending and funding activities in the agricultural micronutrients market
- To project the size of the market, in terms of value (USD million) in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW)
- To strategically profile the key players and comprehensively analyze their core competencies
- To analyze the competitive developments mergers, acquisitions, agreements/joint ventures, expansions, and new product launches in the agricultural micronutrients market
The years considered for the study are:
- Base year – 2016
- Estimated year – 2017
- Projected year – 2022
- Forecast period – 2017 to 2022
This report includes the estimation of market size for value (USD million), and volume (KT). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the agricultural micronutrients market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research (the FAO, Bloomberg Businessweek, Factiva, and companies’ annual reports), and their market share has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Market Ecosystem
The various contributors involved in the value chain of agricultural micronutrients include manufacturers, suppliers, distributors, intermediaries, and customers; agricultural product manufacturers such as BASF (Germany), Dow Chemical (US), AkzoNobel (Netherlands), Agrium (Canada), Land O’Lakes (US), Yara International (Norway), The Mosaic Company (US), and Helena Chemical Company (US); government bodies & regulatory associations such as the Food and Drug Administration (FDA), Food and Agriculture Organization (FAO), and Food Safety Australia and New Zealand (FSANZ).
Food&farming 