Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Agricultural Micronutrients Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Agricultural Micronutrients Market?
The market size of agricultural micronutrients has seen significant expansion in recent years. This market expanded from $7.09 billion in 2024 to $8.07 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.8%.
What Are the Expected Market Growth Trends for the Agricultural Micronutrients Market Through 2029?
The Agricultural Micronutrients market is projected to reach a size of $13.38 billion in 2029, with a compound annual growth rate (CAGR) of 13.5%.
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What Are the Key Business Drivers in the Agricultural Micronutrients Market Landscape?
The key Drivers in the agricultural micronutrients market are:
• Surge in micronutrient deficiency in agricultural soil
• Limited availability of essential soil elements like manganese, copper, zinc, boron, iron, sulfur, and molybdenum
• Decreased productivity and profitability for farmers due to micronutrient deficiency
• Widespread soil deficiencies in key agricultural regions necessitating micronutrient supplementation.
How Is the Agricultural Micronutrients Market Divided Across Key Categories?
The agricultural micronutrientsmarket covered in this report is segmented –
1) By Type: Zinc, Boron, Iron, Copper, Manganese, Molybdenum, Other Types
2) By Method of Application: Soil Application, Fertigation, Foliar, Seed Treatment, Hydroponics
3) By Crop Type: Cereals, Pulses, Oilseeds, Spices, Fruit And Vegetables
4) By Application: Tomato, Cotton, Citrus, Apple, Lettuce, Soybean, Other Applications
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What Are the Ongoing Trends in the Agricultural Micronutrients Market?
The key trends in the agricultural micronutrients market are:
• The Agricultural Micronutrients market is being shaped by technological advancements.
• The discovery of new methodologies that enhance product quality is a growing trend.
• The development and implementation of efficiency-boosting technologies, such as those that reduce nutrient loss, is an emerging factor.
• There's an increasing trend of creating solutions that minimize environmental impact while maximizing crop performance.
Which Companies are Expanding in the Agricultural Micronutrients Industry?
The key players in the agricultural micronutrients market are:
• BASF SE
• Yara International ASA
• Nutrien Ltd.
• Nouryon BV
• Compass Minerals International
• Helena Chemical Company
• Corteva Agriscience
• Coromandel International Limited
• Haifa Group
• Valagro S.p.A
• Sigma AgriScience LLC
• Aries Agro Limited
• AgroLiquid
• Agrium Inc
• Dow Chemical Company
• ATP Nutrition Ltd.
• Baicor L.C.
• Stoller USA Inc.
• Akzonobel N.V
• Sumitomo Chemical Co. Ltd.
• Syngenta International AG
• Brandt Consolidated Inc.
• Grow More Inc.
• Western Nutrients Corporation
• The Mosaic Company
• Nufarm Limited
• ICL Group Ltd.
• Chambal Fertilisers and Chemicals Limited
• Sapec Group
• Green Has Italia SPA
Which is the Largest Region the Global Agricultural Micronutrients Market?
Asia-Pacific was the largest region in the agricultural micronutrients market in 2024
