The global for Micronutrients Market was valued at USD 4.37 billion in 2013 and is anticipated to reach USD 7.59 billion in 2020, expanding at a CAGR of 8.2% between 2014 and 2020.
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Global Micronutrients Market- Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
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Global Micronutrients Market- Industry
Analysis, Size, Share, Growth, Trends
and Forecast, 2014 - 2020
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Global Micronutrients Market is Expected to Reach USD 7.59
Billion in 2020: Transparency Market Research
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130 Page ReportPublished Date
10-July-2013
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2. Micronutrients Market
Transparency Market Research has published a new report titled "Micronutrients (Boron, Copper, Iron,
Manganese, Molybdenum, Zinc and Others) for Fertigation, Foliar, Soil, Seed Treatment and Other
Applications for Cereals, Pulses & Oilseeds, Fruits & Vegetables and Other Crop Types in Non-chelated and
Chelated Forms - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020"
According to the report, global market for micronutrients was valued at USD 4.37 billion in 2013 and is
anticipated to reach USD 7.59 billion in 2020, expanding at a CAGR of 8.2% between 2014 and 2020.
The market for micronutrients is driven by high demand for quality and uniform yield owing to increasing
population and depleting arable land. Furthermore, the global micronutrients market is driven by
deficiency of micronutrients in soil across various regions. This affects the yield and growth of plants. One
of the major challenges in the agricultural industry is to meet demand for food globally. Micronutrients
offer the highest potential for improvement in quality and uniformity in the yield of crops. Depleting arable
land is likely to provide opportunities for hydroponically produced food and seed treatment applications.
However, higher prices of micronutrients and lack of awareness regarding applications, technological
know-how and dosage of micronutrients is expected to hamper growth of the micronutrients market. Some
government and development organizations are taking initiatives to create awareness among growers and
farmers.
Zinc was the most widely used micronutrient across various regions. It accounted for over one third of the
total volume demand in 2013. However, molybdenum, which is required in a small quantity in crops and
plants, is estimated to be the fastest growing product segment in the micronutrients market in the next
few years. Soil is the most applied technique for micronutrients. Foliar applications constituted the second-
largest share of 23.4% in the micronutrients market in 2013. However, other applications such as seed
treatment and hydroponics are projected to provide better opportunities for the global micronutrients
market in the near future.
Cereals accounted for the highest demand among crop types for micronutrients in 2013. Cereals such as
wheat, rice, maize, barley and oats constitute majority of food sources in various regions. Fruits and
vegetables are anticipated to be the fastest growing crop types for micronutrients during the forecast
period. Other types of crops such as flowers are also likely to provide opportunity for the micronutrients
market in the next few years. Pulses and oilseeds accounted for the second-largest demand of 29.6% for
micronutrients in 2013
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REPORT DESCRIPTION
3. Micronutrients Market
Asia Pacific dominated the micronutrients market in 2013 and accounted for over 50% of the market share
in 2013. The region is estimated to exhibit potential growth for the micronutrients market during the
forecast period. Asia Pacific was followed by North America, which is projected to be the fastest growing
region in the micronutrients market during the forecast period. Demand for micronutrients is increasing in
North America due to depleting arable land and higher demand for quality and uniform yield. Europe held
the third-largest demand for micronutrients in 2013. Rest of the World is anticipated to witness stable
demand for micronutrients between 2014 and 2020.
The report provides a comprehensive view of the micronutrients market in terms of volume and revenue.
Additionally, the report includes current demand analysis and forecast for product segments, applications,
crop types and form types in North America, Europe, Asia Pacific and Rest of the World. The report
comprises the following segments:
Micronutrients Market - Product Segment Analysis
• Boron
• Copper
• Iron
• Manganese
• Molybdenum
• Zinc
• Others (Including chlorine, nickel, etc.)
Micronutrients Market - Application Analysis
• Fertigation
• Foliar
• Soil
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4. Micronutrients Market
Browse the full Micronutrients Market Report with TOC at
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• Seed treatment
• Others (Including hydroponics, etc.)
Micronutrients Market - Crop Type Analysis
• Cereals
• Pulses and oilseeds
• Fruits and vegetables
• Others (Including floriculture, etc.)
Micronutrients Market - Form Type Analysis
• Non-chelated
• Chelated
Micronutrients Market - Regional Analysis
• North America
• Europe
• Asia Pacific
• Rest of the World
Browse the Micronutrients Market Report Pressrelease:
http://www.transparencymarketresearch.com/pressrelease/micronutrients-market.htm
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5. Micronutrients Market
Chapter 1 Preface
1.1 Research description
1.2 Market segmentation
1.2.1 Global micronutrients market segmentation, product segment, application, crop types, form and
region
1.3 Research scope
1.4 Research methodology
1.4.1 Assumptions
1.4.2 Abbreviations
Chapter 2 Executive Summary
2.1 Global micronutrients market, 2013 – 2020 (Kilo Tons) (USD Million)
Chapter 3 Micronutrients - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 High demand for high quality and uniform yield owing to increasing world population
3.3.2 Deficiency of micronutrients in soil across regions
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TABLE OF CONTENT
6. Micronutrients Market
3.4 Market restraints
3.4.1 Higher prices of micronutrients coupled with lack of awareness among farmers about dosage
levels, technology and applications
3.5 Market opportunities
3.5.1 Limited arable land offers opportunity for hydroponics
3.6 Porter’s Five Forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Micronutrients: Market attractiveness analysis
3.7.1 Micronutrients: Market attractiveness analysis
3.8 Micronutrients: Company market share analysis
3.8.1 Micronutrients: Company market share analysis, 2013
Chapter 4 Micronutrients Market – Product Segment Analysis
4.1 Global micronutrients market: Product segment overview
4.1.1 Global micronutrients market revenue share, by product segment, 2013 & 2020
4.2 Boron
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7. Micronutrients Market
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4.2.1 Global market estimates and forecast for boron micronutrients market, 2013 – 2020 (Kilo Tons)
(USD Million)
4.3 Copper
4.3.1 Global market estimates and forecast for copper micronutrients market, 2013 – 2020 (Kilo Tons)
(USD Million)
4.4 Iron
4.4.1 Global market estimates and forecast for iron micronutrients market, 2013 – 2020 (Kilo Tons)
(USD Million)
4.5 Manganese
4.5.1 Global market estimates and forecast for manganese micronutrients market, 2013 – 2020 (Kilo
Tons) (USD Million)
4.6 Molybdenum
4.6.1 Global market estimates and forecast for molybdenum micronutrients market, 2013 – 2020 (Kilo
Tons) (USD Million)
4.7 Zinc
4.7.1 Global market estimates and forecast for zinc micronutrients market, 2013 – 2020 (Kilo Tons)
(USD Million)
4.8 Others (Including chlorine, nickel, etc.)
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8. Micronutrients Market
4.8.1 Global market estimates and forecast for other micronutrients market, 2013 – 2020 (Kilo Tons)
(USD Million)
Chapter 5 Micronutrients Market - Application Analysis
5.1 Global micronutrients market: Application overview
5.1.1 Global micronutrients market revenue share, by application, 2013 & 2020
5.2 Fertigation
5.2.1 Global micronutrients demand for fertigation market, 2013 - 2020 (Kilo Tons) (USD Million)
5.3 Foliar
5.3.1 Global micronutrients demand for foliar market, 2013 - 2020 (Kilo Tons) (USD Million)
5.4 Soil
5.4.1 Global micronutrients demand for soil market, 2013 - 2020 (Kilo Tons) (USD Million)
5.5 Seed treatment
5.5.1 Global micronutrients demand for seed treatment market, 2013 - 2020 (Kilo Tons) (USD Million)
5.6 Others (Including hydroponics, etc.)
5.6.1 Global micronutrients demand for other applications market, 2013 - 2020 (Kilo Tons) (USD
Million)
Chapter 6 Micronutrients Market – Crop Type Analysis
6.1 Global micronutrients market: Crop type overview
6.1.1 Global micronutrients market revenue share, by crop type, 2013 & 2020
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9. Micronutrients Market
6.2 Cereals
6.2.1 Global micronutrients demand for cereals, 2013 - 2020 (Kilo Tons) (USD Million)
6.3 Pulses and oilseeds
6.3.1 Global micronutrients demand for pulses and oilseeds, 2013 - 2020 (Kilo Tons) (USD Million)
6.4 Fruits and vegetables
6.4.1 Global micronutrients demand for fruits and vegetables, 2013 - 2020 (Kilo Tons) (USD Million)
6.5 Others (Including floriculture, etc.)
6.5.1 Global micronutrients demand for other crop types, 2013 - 2020 (Kilo Tons) (USD Million)
Chapter 7 Micronutrients Market – Form Type Analysis
7.1 Global micronutrients market: Form type overview
7.1.1 Global micronutrients market revenue share, by form type, 2013 & 2020
7.2 Non-chelated
7.2.1 Global micronutrients demand for non-chelated form, 2013 - 2020 (Kilo Tons) (USD Million)
7.3 Chelated
7.3.1 Global micronutrients demand for chelated form, 2013 - 2020 (Kilo Tons) (USD Million)
Chapter 8 Micronutrients Market - Regional Analysis
8.1 Global micronutrients market: Regional overview
8.1.1 Global micronutrients market share, by region, 2013 & 2020
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10. Micronutrients Market
8.2 North America
8.2.1 North America micronutrients market volumes, by product segment, 2013 - 2020 (Kilo Tons)
8.2.2 North America micronutrients market revenues, by product segment, 2013 - 2020 (USD Million)
8.2.3 North America micronutrients market volumes, by application, 2013 - 2020 (Kilo Tons)
8.2.4 North America micronutrients market revenues, by application, 2013 - 2020 (USD Million)
8.2.5 North America micronutrients market volumes, by crop type, 2013 - 2020 (Kilo Tons)
8.2.6 North America micronutrients market revenues, by crop type, 2013 - 2020 (USD Million)
8.2.7 North America micronutrients market volumes, by form type, 2013 - 2020 (Kilo Tons)
8.2.8 North America micronutrients market revenues, by form type, 2013 - 2020 (USD Million)
8.3 Europe
8.3.1 Europe micronutrients market volumes, by product segment, 2013 - 2020 (Kilo Tons)
8.3.2 Europe micronutrients market revenues, by product segment, 2013 - 2020 (USD Million)
8.3.3 Europe micronutrients market volumes, by application, 2013 - 2020 (Kilo Tons)
8.3.4 Europe micronutrients market revenues, by application, 2013 - 2020 (USD Million)
8.3.5 Europe micronutrients market volumes, by crop type, 2013 - 2020 (Kilo Tons)
8.3.6 Europe micronutrients market revenues, by crop type, 2013 - 2020 (USD Million)
8.3.7 Europe micronutrients market volumes, by form type, 2013 - 2020 (Kilo Tons)
8.3.8 Europe micronutrients market revenues, by form type, 2013 - 2020 (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific micronutrients market volumes, by product segment, 2013 - 2020 (Kilo Tons)
8.4.2 Asia Pacific micronutrients market revenues, by product segment, 2013 - 2020 (USD Million)
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11. Micronutrients Market
8.4.3 Asia Pacific micronutrients market volumes, by application, 2013 - 2020 (Kilo Tons)
8.4.4 Asia Pacific micronutrients market revenues, by application, 2013 - 2020 (USD Million)
8.4.5 Asia Pacific micronutrients market volumes, by crop type, 2013 - 2020 (Kilo Tons)
8.4.6 Asia Pacific micronutrients market revenues, by crop type, 2013 - 2020 (USD Million)
8.4.7 Asia Pacific micronutrients market volumes, by form type, 2013 - 2020 (Kilo Tons)
8.4.8 Asia Pacific micronutrients market revenues, by form type, 2013 - 2020 (USD Million)
8.5 RoW
8.5.1 RoW micronutrients market volumes, by product segment, 2013 - 2020 (Kilo Tons)
8.5.2 RoW micronutrients market revenues, by product segment, 2013 - 2020 (USD Million)
8.5.3 RoW micronutrients market volumes, by application, 2013 - 2020 (Kilo Tons)
8.5.4 RoW micronutrients market revenues, by application, 2013 - 2020 (USD Million)
8.5.5 RoW micronutrients market volumes, by crop type, 2013 - 2020 (Kilo Tons)
8.5.6 RoW micronutrients market revenues, by crop type, 2013 - 2020 (USD Million)
8.5.7 RoW micronutrients market volumes, by form type, 2013 - 2020 (Kilo Tons)
8.5.8 RoW micronutrients market revenues, by form type, 2013 - 2020 (USD Million)
Browse the full Micronutrients Market Report with TOC at
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Chapter 9 Company Profiles
9.1 Agrium Inc.
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12. Micronutrients Market
9.1.1 Company overview
9.1.2 Product portfolio
9.1.3 Financial overview
9.1.4 Business strategy
9.1.5 SWOT analysis
9.1.6 Recent developments
9.2 Aries Agro Limited
9.2.1 Company overview
9.2.2 Product portfolio
9.2.3 Financial overview
9.2.4 Business strategy
9.2.5 SWOT Analysis
9.2.6 Recent developments
9.3 BASF SE
9.3.1 Company overview
9.3.2 Product Portfolio
9.3.3 Financial overview
9.3.4 Business strategies
9.3.5 SWOT Analysis
9.3.6 Recent Developments
9.4 Coromandel International Ltd.
9.4.1 Company overview
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13. Micronutrients Market
9.4.2 Product portfolio
9.4.3 Financial overview
9.4.4 Business strategy
9.4.5 SWOT analysis
9.4.6 Recent developments
9.5 Haifa Chemicals Ltd.
9.5.1 Company overview
9.5.2 Product portfolio
9.5.3 Business strategy
9.5.4 SWOT analysis
9.5.5 Recent developments
9.6 H.J. Baker & Bro., Inc.
9.6.1 Company overview
9.6.2 Product portfolio
9.6.3 Business strategy
9.6.4 SWOT Analysis
9.6.5 Recent Developments
9.7 K+S AG
9.7.1 Company overview
9.7.2 Product portfolio
9.7.3 Financial overview
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14. Micronutrients Market
9.7.4 Business strategy
9.7.5 SWOT analysis
9.8 Sociedad Quimica y Minera S.A. (SQM)
9.8.1 Company overview
9.8.2 Product portfolio
9.8.3 Financial overview
9.8.4 Business strategy
9.8.5 SWOT analysis
9.8.6 Recent developments
9.9 The Mosaic Company
9.9.1 Company overview
9.9.2 Product portfolio
9.9.3 Financial overview
9.9.4 Business strategy
9.9.5 SWOT analysis
9.9.6 Recent developments
9.10 Wolf Trax, Inc.
9.10.1 Company overview
9.10.2 Product portfolio
9.10.3 Financial overview
9.10.4 Business strategy
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15. Micronutrients Market
9.10.5 SWOT analysis
9.10.6 Recent developments
9.11 Yara International ASA
9.11.1 Company overview
9.11.2 Product portfolio
9.11.3 Financial overview
9.11.4 Business strategy
9.11.5 SWOT analysis
9.11.6 Recent developments
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16. Micronutrients Market
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