The global micronutrients market size was USD 4.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.7% during the forecast period. Rising demand for micronutrients from the Food & Beverage (F&B) industry and adoption of micronutrients in the agricultural industry for organic and precise farming and increasing government regulations and policies related to agriculture and food quality standards are key factors driving market revenue growth.

Factors influencing the growth of the Micronutrients market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Micronutrients market. The report discusses in detail the positive and negative impact of the pandemic on the Micronutrients industry. The supply chain disruptions and economic volatility have altered the dynamics of the Micronutrients industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Micronutrients market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Micronutrients Market and Profiled in the Report are:

Argium Inc., Aries Agro Limited, BASF SE, Coromandel International Ltd., Haifa Chemicals Ltd., H.J. Baker & Bro Inc., K+S Aktiendgeselischaft, Sociedad Quimica y Minera S.A., Mosiac, Wolf Trax Inc., Yara, Gujarat State Fertilizers and Chemicals Limited, Valagro, Tradecorp International Ltd, Cheminova, Akzonobel N.V., FMC Corporation, Archer Daniels Midland Company, Nutrien Ltd., and Compass Minerals

Objectives of the Report:

Study of the global Micronutrients market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Micronutrients market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Micronutrients market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Micronutrients market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Form Outlook (Revenue, USD Billion; 2019-2032)

    • Chelated
    • Non-Chelated

  • Product Outlook (Revenue, USD Billion; 2019-2032)

    • Boron
    • Copper
    • Iron
    • Manganese
    • Molybdenum
    • Zinc
    • Others

  • Crop Outlook (Revenue, USD Billion; 2019-2032)

    • Cereals
    • Pulses and Oil Seeds
    • Fruits and Vegetables
    • Others

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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