Agricultural Micronutrients Market 2024 Dynamics, SWOT Analysis & Business Forecast to 2030: BASF SE, FMC, Land O’lakes
Agricultural Micronutrients Tapes: Nurturing Crops, Precision Application for Optimal Growth
LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 12, 2024 /EINPresswire.com/ -- “𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐓𝐡𝐚𝐭 𝐀𝐝𝐝𝐬 𝐅𝐥𝐚𝐯𝐨𝐮𝐫 𝐓𝐨 𝐘𝐨𝐮𝐫 𝐒𝐮𝐜𝐜𝐞𝐬𝐬”
The Agricultural Micronutrients Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Agricultural Micronutrients Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Agricultural Micronutrients Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Agricultural Micronutrients Market in the coming years.
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐌𝐢𝐜𝐫𝐨𝐧𝐮𝐭𝐫𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟕.𝟏𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟑.𝟓𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑, 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟐% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟎.
𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:
𝐑𝐢𝐬𝐢𝐧𝐠 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐒𝐨𝐢𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐇𝐨𝐦𝐞 𝐆𝐚𝐫𝐝𝐞𝐧𝐢𝐧𝐠 𝐭𝐨 𝐀𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
Farmers and agricultural producers are increasing their focus on soil health as soil health influences the crop production rate. For instance, according to the Food and Agriculture Organization (FAO), ecological soil management has the potential to produce 58% more food. As productive soils result in higher yields, agricultural inputs such as soil amendment and micronutrients have seen an increasing demand.
In addition to soil health, home gardening's popularity is increasing worldwide. Home gardeners mainly focus on cultivating horticultural crops due to their nutritious nature. The COVID-19 pandemic has further fueled the number of home gardeners wanting to grow their own food. Therefore, the growing trend of home gardening and the rising focus on soil health would drive the global agricultural micronutrients market growth.
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𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐚𝐫𝐞: Yara International, Coromandel International, Akzo Nobel Nutrients, BASF SE, FMC, Land O’lakes, The Mosaic Company, Haifa Chemicals, Lemagro, Helena Chemical Company and other Prominent players.
𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐍𝐞𝐰𝐬 𝐚𝐧𝐝 𝐔𝐩𝐝𝐚𝐭𝐞𝐬:
March 2021: Coromandel International Limited, a company under the Murugappa Group, launched a new fertilizer called GroShakti Plus. As per the Executive Vice-Chairman of Coromandel International, this new fertilizer is suitable for various cereals, pulses, oilseeds, and fruits & vegetables. The new fertilizer is designed to provide better root development with phosphorus and increase resistance with the help of zinc.
March 2021: The Mosaic Company and Sound Agriculture announced their strategic partnership to bring new and revolutionary nutrient-efficient fertilizer products to the market. As per both companies, these new products would boost yields across major crops and improve soil health. The companies will use a proprietary mix of bio-inspired chemistry and key micronutrients.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐢𝐬 𝐚𝐧 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐢𝐬𝐬𝐮𝐞 𝐢𝐧 𝐚𝐧𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬.With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Agricultural Micronutrients Market. The major and emerging players of the Agricultural Micronutrients Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Agricultural Micronutrients market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Agricultural Micronutrients market
Agricultural Micronutrients Market by Minerals, 2020-2030, (USD Million) (Kilotons)
Zinc
Copper
Manganese
Iron
Boron
Molybdenum
Agricultural Micronutrients Market by Crop Type, 2020-2030, (USD Million) (Kilotons)
Cereals
Pulses
Oilseeds
Spices
Fruit & Vegetables
Agricultural Micronutrients Market by Application, 2020-2030, (USD Million)
Tomato
Cotton
Citrus
Apple
Lettuce
Soybean
Agricultural Micronutrients Market Regional Analysis/Insights
Asia Pacific holds the largest agricultural micronutrients market share during the forecast period, given that the region is a major producer of cereals/staple crops owing to countries such as China and India. For instance, as per the FAO, China's agricultural sector produces around one-fourth of global grain production, feeding about one-fifth of the worldwide population. In addition, the arable land of China is just 10% of the world's arable land. Furthermore, these countries are major exporters of high-quality agricultural produce. The size and quantity of food developed to impact the value of export for which micronutrients significantly influence the quality of plant growth, as the deficiency of such elements can impact trade activities. For instance, boron is an important micronutrient that causes the quality of mango to decline. As per data provided by the National Institute of Health, deficiency of micronutrients leads to defects in plant growth and decreased productivity.
Followed by Asia Pacific, the North America market holds a significant share. Owing to the rising awareness of the major micronutrient deficiency in soil, assessment of nutrient deficiency in the U.S. soil started in the early 1980s, and some of the major nutrients which were found deficient in the crops included boron (B), copper (Cu), zinc (Zn), and others, which is similar to the situation in Canada. The agricultural landscape in the U.S. is vast, and thus, the adoption of micronutrients by farmers significantly varies from one region to another.
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𝐇𝐞𝐫𝐞’𝐬 𝐡𝐨𝐰 𝐄𝐱𝐚𝐜𝐭𝐢𝐭𝐮𝐝𝐞 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐡𝐞𝐥𝐩𝐬 𝐭𝐡𝐞 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐂𝐗𝐎𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:
𝐈𝐧𝐜𝐮𝐥𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
𝐏𝐞𝐫𝐟𝐞𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧𝐬: The report analyses the demographics, growth potential, and capability of the Agricultural Micronutrients market through the forecast period.
𝐓𝐡𝐢𝐬 𝐟𝐚𝐜𝐭𝐨𝐫 𝐥𝐞𝐚𝐝𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 Agricultural Micronutrients market size and also provides an outline about how the market will retrieve growth during the assessment period.
𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: The report focuses on the ongoing and upcoming investment opportunities across a particular Agricultural Micronutrients market that will help the stakeholders to be aware of the current investment scenario across the market.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐧𝐞𝐰 𝐢𝐧 𝟐𝟎𝟐𝟒?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Agricultural Micronutrients market.
- Updated financial information and product portfolios of players operating in the Agricultural Micronutrients market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Agricultural Micronutrients.
𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:
- Country level market for Agricultural Micronutrients market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
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