Global Agricultural Micronutrients Industry Will Grow At A CAGR Of 8.43% During The Period 2016-2020
Agricultural micronutrients are vital nutrients, which are required in trace amounts, to control certain physiological activities in crops to increase the yield and improve quality. The deficiency of these micronutrients causes deterioration in the growth rate, withering of buds, and yellowing of leaves in crops.
Molybdenum, manganese, boron, zinc, copper, and iron are the most commonly used agricultural micronutrients.
The purpose of application of agricultural micronutrients is not constant globally; it differs with the crop type and soil type. These micronutrients serve the following purposes.
Increasing the land productivity
Improving the quality of the crops
Technavios analysts forecast the global agricultural micronutrients market to grow at a CAGR of 8.43% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global agricultural micronutrients market for 2016-2020.
The market is divided into the following segments based on geography:
APAC
North America
Europe
South and Central America
ROW
New report, Global Agricultural Micronutrients Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Agrium
AkzoNobel
BASF
Bayer CropScience
FMC
Mosaic
Yara International
Other prominent vendors
AGSpec Asia
Archer Daniels Midland
Chambal Fertilisers and Chemicals
Coromandel International
Sinochem Group
Syngenta
Valagro
Zuari Agro Chemicals
Uralkali
Haifa Chemicals
Sapec
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Market driver
Rise in global food demand
For a full, detailed list, view our report
Market challenge
Volatility in demand for agricultural micronutrients
For a full, detailed list, view our report
Market trend
Growing inclination toward GM seeds
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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