Crop micronutrients are essential elements, which are required by the crop for its growth. Unavailability of micronutrients inhibit the critical functions of crops, which lead to abnormality, slow growth, and reduced yield.
Increase in need for high yielding crops majorly fuels the demand for micronutrients, thereby driving the growth of the crop micronutrients market. However, stringent government policies towards excess use of micronutrients, as they pollute the water ways has restrained the growth of the market. Development of organic micronutrients is expected to provide new opportunity of market growth.
The crop micronutrients market is segmented on the basis of type, application, and geography. By type, the market is classified into zinc, iron, boron, molybdenum, manganese, and others. By mode of application, it is divided into soil, fertigation, foliar, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major player analyzed in this report are Akzo Nobel, BASF SE, Dow Chemical, Bayer AG, Dupont, FMC Corporation, Growmark, Inc., J.R. Simplot Company, Kronos Micronutrients, LP, and The Mosaic Company.
- The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the investment pockets.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
- The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
- Extensive analysis of different segments facilitates to understand various products of the market.
- Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Crop Micronutrients Market Key Segments:
By Mode of Application
- Others (Hydroponics and Seed Treatment)
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA