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Global Agricultural Micronutrients Market 2017-2021

Global Agricultural Micronutrients Market 2017-2021

About Agricultural Micronutrients

Agricultural micronutrients are elements that control certain activities in crops to increase the yield and improve their quality. These agricultural micronutrients help in protecting crops from insects and infections, ensuring the proper growth of crops and good health of supply chain and consumers.

Micronutrients are essential for the maintenance of a standard quality of crops and are easy and safe to use. The demand for food, depletion of arable land, and the demand for standard quality and continuous yield of crops are the key factors that are driving the growth of the market.

Technavio’s analysts forecast the global agricultural micronutrients market to grow at a CAGR of 8.37% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global agricultural micronutrients market for 2017-2021. To calculate the market size, the report considers the revenue generated from the different types of crop.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Agricultural Micronutrients 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Agrium
  • Akzo Nobel
  • BASF
  • FMC
  • Yara
Other prominent vendors
  • agspec
  • Baicor
  • Coromandel
  • Haifa Chemicals
  • sapec
  • SINOCHEM
  • The Dow Chemical
  • The Mosaic
  • Valagro
Market driver
  • Poor quality of soil
  • For a full, detailed list, view our report
Market challenge
  • Seasonal fluctuations and climate changes
  • For a full, detailed list, view our report
Market trend
  • Genetically modified crops
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Agricultural Micronutrients 2017-2021

Technavio recognizes the following companies as the key players in the global agricultural micronutrients market: Agrium, Akzo Nobel, BASF, FMC, and Yara

Other Prominent Vendors in the market are: agspec, Baicor, Coromandel, Haifa Chemicals, sapec, SINOCHEM, The Dow Chemical, The Mosaic, and Valagro.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Genetically modified crops. Crops in which the DNA has been altered using genetic engineering methods to introduce a new trait are called genetically modified crops. The process involves the appropriate use of agricultural nutrients to ensure the healthy growth and good quality of crops.”

According to the report, one of the major drivers for this market is Poor quality of soil. The agricultural micronutrients market has witnessed a steady growth because of the deficiency in the soil and depletion of agricultural lands. The quality of the soil is degrading due to various factors, such as intensive cropping, extensive use of chemical fertilizers, extensive irrigation facilities, and mining of micronutrient reserves. These factors are leading to the depletion of arable lands. Moreover, not all types of soil are suitable for agriculture and are depleted from many nutrients that are required to grow healthy crops.

Further, the report states that one of the major factors hindering the growth of this market is Seasonal fluctuations and climate changes. The change in weather conditions and the delayed seasons hinder the use of agricultural micronutrients, thereby affecting the revenue. Countries located in the tropics are extremely sensitive to seasonal fluctuations and lack adequate seasonal facilities.

Companies Mentioned

Agrium, Akzo Nobel, BASF, FMC, and Yara, agspec, Baicor, Coromandel, Haifa Chemicals, sapec, SINOCHEM, The Dow Chemical, The Mosaic, and Valagro.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of the global agricultural micronutrients market
    • Market size and forecast
      • Table Global agricultural micronutrients market 2016 and 2021 ($ millions)
      • Table Global agricultural micronutrients market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by crop type
    • Global agricultural nutrients market by crop type
      • Table Global agricultural micronutrients market by crop type 2016 (% share of revenue)
      • Table Global agricultural micronutrients market by crop type 2021 (% share of revenue)
    • Global agricultural micronutrients market in the fruits and vegetables segment
      • Table Global agricultural micronutrients market in the fruits and vegetables segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market in the fruits and vegetables segment 2016-2021
    • Global agricultural micronutrients market in the oilseeds and pulses segment
      • Table Global agricultural micronutrients market in the oilseeds and pulses segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market in the oilseeds and pulses segment 2016-2021
    • Global agricultural micronutrients market in the cereals and grains segment
      • Table Global agricultural micronutrients market in the cereals and grains segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market in the cereals and grains segment 2016-2021
    • Global agricultural micronutrients market in the other crops segment
      • Table Global agricultural micronutrients market in the other crops segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market in the other crops segment 2016-2021
  • Market segmentation by types of nutrients
    • Global agricultural nutrients market by types of nutrients
      • Table Global agricultural micronutrients market by types of nutrients 2016 (% share of revenue)
      • Table Global agricultural micronutrients market by types of nutrients 2021 (% share of revenue)
    • Global agricultural micronutrients market by zinc
      • Table Global agricultural micronutrients market by zinc 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market by zinc 2016-2021
    • Global agricultural micronutrients market by molybdenum
      • Table Global agricultural micronutrients market by molybdenum 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market by molybdenum 2016- 2021
    • Global agricultural micronutrients market by manganese
      • Table Global agricultural micronutrients market by manganese 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market by manganese 2016-2021
    • Global agricultural micronutrients market by boron
      • Table Global agricultural micronutrients market by boron 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market by boron 2016-2021
    • Global agricultural micronutrients market by others
      • Table Global agricultural micronutrients market by others 2016 and 2021 ($ millions)
      • Table Market forecast: Global agricultural micronutrients market by others 2016-2021
  • Market segmentation by geography
    • Global agricultural nutrients market by geography
      • Table Global agricultural micronutrients market by geography 2016 (% share of revenue)
      • Table Agricultural micronutrients market by geography 2021 (% share of revenue)
    • Agricultural micronutrients market in APAC
      • Table Agricultural micronutrients market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Agricultural micronutrients market in APAC 2016-2021
    • Agricultural micronutrients market in the Americas
      • Table Agricultural micronutrients market in the Americas 2016 and 2021 ($ millions)
      • Table Market forecast: Agricultural micronutrients market in the Americas 2016-2021
    • Agricultural micronutrients market in EMEA
      • Table Agricultural micronutrients market in EMEA 2016 and 2021 ($ millions)
      • Table Market forecast: Agricultural micronutrients market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global demand for biofuels 2014-2020 ($ billions)
    • Market challenges
  • Market trends
    • Growing trend toward contract farming
    • Genetically modified crops
  • Vendor landscape
    • Competitive landscape
    • Key market vendors
      • Table Key vendors in the global agricultural micronutrients market 2016
    • Other prominent vendors
  • Key vendor analysis
    • Agrium
      • Table Agrium: Crop-type segmentation by revenue 2016 (% share)
      • Table Agrium: Geographical segmentation by revenue 2016 (% share)
    • Akzo Nobel
      • Table Akzo Nobel: Business segmentation by revenue 2016 (% share)
      • Table Akzo Nobel: Geographical segmentation by revenue 2016 (% share)
    • BASF
      • Table BASF: Business segmentation by revenue 2016 (% share)
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
    • FMC
      • Table FMC: Business segmentation by revenue 2016 (% share)
      • Table FMC: Geographical segmentation by revenue 2016 (% share)
    • Yara
      • Table Yara: Business segmentation by revenue 2016 (% share)
      • Table Yara: Geographical segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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