Micronutrient Fertilizers Market Outlook 2031: Presents Market Insights & Depth Analysis

The global micronutrient fertilizers market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. The increasing implementation of various technologies such as artificial intelligence (AI) and others by government agencies incorporating supportive policies to support farmers and fuel the food & nutrition security in the several countries is one of the major factors projected to drive the growth of the micronutrient fertilizers market. For instance, Soil Health Card (SHC) is a Government of India’s scheme promoted by the Department of Agriculture & Co-operation under the Ministry of Agriculture and Farmers’ Welfare. It is being implemented through the Department of Agriculture of all the State and Union Territory Governments. SHC is a printed report that a farmer will be handed over for each of his holdings. It will include the status of his soil with respect to 12 parameters, namely N, P, K (Macro-nutrients); S (Secondary- nutrient); Zn, Fe, Cu, Mn, Bo (Micro – nutrients); and pH, EC, OC (Physical parameters). Based on this, the SHC will also show fertilizer recommendations and soil amendment required for the farm.

Further, in November 2021, Lucent BioSciences, Inc. closed $4.2M in investments from Emmertech, Amathaon, SVG Ventures, WUTIF Capital, Vantec/eFund and Vancouver-based angel investors. Lucent is driven by accelerating the transition of agriculture to sustainability. Lucent Bio has developed a novel patent-pending fertilizer for agriculture that uses cellulose fiber as a delivery agent. The product improves yield and soil health, is carbon neutral, non-polluting, and sustainable.

To Request a Sample of our Report on Micronutrient Fertilizers Market:  https://www.omrglobal.com/request-sample/micronutrient-fertilizers-market

Market Coverage

  • The market number available for – 2023-2031
  • Base year- 2023
  • Forecast period- 2024-2031
  • Segment Covered- 
  • By Nutrient
  • By Form
  • By Crop Type
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape– including Yara International ASA, BASF SE, The Mosaic Company, Coromandel International Ltd., INDIAN FARMERS FERTILISER COOPERATIVE LTD., and others

Micronutrient Fertilizers Market Report Segment

By Nutrient

  • Zinc
  • Manganese
  • Copper
  • Boron
  • Molybdenum
  • Iron
  • Other Nutrients (Nickel and Chlorine)

By Form

  • Chelated Micronutrient
  • Non-Chelated Micronutrient

By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables
  • Pulses and Oilseeds
  • Others (Turfs, ornamentals, plantation crops, forages, and fiber crops)

By Application

  • Soil
  • Foliar
  • Fertigation
  • Seed treatment
  • Others (Trunk injection and implantation)

A full Report of Micronutrient Fertilizers Market is Available at:  https://www.omrglobal.com/industry-reports/micronutrient-fertilizers-market

Micronutrient Fertilizers Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East & Africa

Company Profiles 

  • AgXplore International, LLC.
  • AkzoNobel
  • AXTER AgroscienceInc.
  • Bayer AG
  • Belaruskali
  • Compass Minerals
  • Corteva Agriscience
  • FMC Corp.
  • Helena Agri-Enterprises, LLC
  • Industries Holdings, Inc.
  • Israel Chemicals Ltd.
  • K+S Aktiengesellschaft
  • Land O’Lakes, Inc.
  • Mahadhan by Smart Chem Technologies Pvt. Ltd.
  • Minerals International, Inc.
  • Nouryon Chemicals Holding B.V.
  • Nufarm
  • Nutrien Ltd.
  • UPL Ltd., India

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404