Latest research report on “Micronutrient Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Micronutrients are those elements essential for plant growth which are needed in only very small (micro) quantities. These elements are sometimes called minor elements or trace elements, but use of the term micronutrient is encouraged by the American Society of Agronomy and the Soil Science Society of America. The micronutrients are boron (B), copper (Cu), iron (Fe), chloride (Cl), manganese (Mn), molybdenum (Mo) and zinc (Zn). Recycling organic matter such as grass clippings and tree leaves is an excellent way of providing micronutrients (as well as macronutrients) to growing plants.
This report contains market size and forecasts of Micronutrient in global, including the following market information:
Global Micronutrient Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Micronutrient Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Micronutrient companies in 2021 (%)
The global Micronutrient market was valued at 7531.1 million in 2021 and is projected to reach US$ 11710 million by 2028, at a CAGR of 6.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Soil Fertilizer Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Micronutrient include BASF, AkzoNobel, Yara International, Haifa, Nutrien, Stoller, Mosaic, JR Simplot and Nulex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Micronutrient manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Micronutrient Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Micronutrient Market Segment Percentages, by Type, 2021 (%)
– Soil Fertilizer
– Foliar Fertilizer
– Seed Treatment
Global Micronutrient Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Micronutrient Market Segment Percentages, by Application, 2021 (%)
– Fruits and Vegetables
Global Micronutrient Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Micronutrient Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Micronutrient revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Micronutrient revenues share in global market, 2021 (%)
Key companies Micronutrient sales in global market, 2017-2022 (Estimated), (MT)
Key companies Micronutrient sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Yara International
– JR Simplot
– Sapec SA
– Wolf Trax
– DAYAL GROUP
– SAM HPRP
– Frit Industries
– ATP Nutrition
– Kronos Micronutrients
– Sun Agrigenetics
– QC Corporation
– Coromandel International
– Sinofert Holding
– Jinpai Fertilier
– Hui Yi Chemical
– Wintong Chemicals
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