Europe Agricultural Micronutrients Market Forecast 2017-2025
KEY FINDINGS The Europe agricultural micronutrients market is predicted to generate a revenue of $1.60 billion by the end of 2025, exhibiting a CAGR growth of 7.72% over the forecast period of 2017-2025.
MARKET INSIGHTS The European market is a major producer of grains, cereals, potatoes and other crops which essentially require these micronutrients for a good quality yield. Also, the European market is a chief producer of beer, which requires a considerable portion of grains for its production. The market demand has escalated over the years due to the growing awareness amongst the farmers and agricultural product manufacturers regarding the benefits of these micronutrients. The recent shift in consumer preference towards a nutrient-rich diet coupled with the growing number of government initiatives to encourage the agricultural activity in the region is an added advantage for the market prosperity.
COMPETITIVE INSIGHTS Adama Agricultural Solutions Ltd, Nutra-Flo Company, SAPEC, BASF, Verdesian Life Sciences, Agrium Inc, Mosaic, FMC Corporation, Bayer CropScience Ag, Yara International Asa, AkzoNobel, and Coromandel International Limited are few of the distinguished players in the market.