Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Are The Historic and Projected Market Sizes For The Global Crop Micronutrients Market?
The crop micronutrients market size has seen significant growth in recent years, soaring from $7.54 billion in 2024 to an anticipated $8.31 billion in 2025, marking a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can largely be ascribed to factors such as an expanding global population, depleting soil nutrients, increasing education and awareness, and impactful government initiatives.
Projected for rapid growth in the next few years, the crop micronutrients market size is expected to appreciably rise to $12.57 billion by 2029. This represents a CAGR of 10.9%, driven by precision agriculture, climate change concerns, organic farming trends, increasing preoccupation with global food security, and rising consumer awareness. The forecast period is also set to be marked by significant trends such as research and development, adoption of biologically-produced micronutrients, customized micronutrient blends, nano-fertilizers, digital agriculture integration, collaboration for innovation, focus on secondary and micro-nutrients, and climate-smart agriculture.
Get Your Free Sample of The Global Crop Micronutrients Market Report here: https://www.thebusinessresearchcompany.com/sample.aspx?id=7276&type=smp
What Are The Key Drivers Of The Crop Micronutrients Market?
A crucial driver propelling forward the crop micronutrient market is the developing deficit of soil micronutrients. Micronutrient deficiencies equate to an absence of essential vitamins and minerals vital for healthy growth and development. According to a 2022 report by India’s Center for Science and Environment (CSE), there is a disturbing deficiency of nitrogen in 90% of soil samples collected from 27 states, shining a spotlight on how a developing soil micronutrient deficit is driving growth in the crop micronutrient market.
What Are the Major Segments Within the Global Crop Micronutrients Market?
The crop micronutrients market covered in this report is segmented by:
1) By Type: Zinc, Boron, Iron, Manganese, Molybdenum, Copper, Other Types
2) By Crop Type: Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Other Crops
3) By Application: Fertigation, Soil, Foliar, Other Applications
Order your report direct and promptly at https://www.thebusinessresearchcompany.com/report/crop-micronutrients-global-market-report
Who Are The Major Players In The Crop Micronutrients Market?
Prominent companies operating in the crop micronutrients market include BASF SE, Nutrien Ltd, Yara International ASA, The Mosaic Company, Corteva Agriscience, Nufarm Ltd, Haifa Group, Compass Minerals International Inc., Coromandel International Limited, Sapec Agro Business, and Valagro SpA, among others.
What Are The Emerging Trends In The Crop Micronutrients Market?
One key trend gaining traction in the crop micronutrient market is the focus on product development. Companies are keeping ahead of the curve by creating innovative products, distinctively positioning them in the market. For instance, in May 2024, Coromandel International, a leader in the manufacture of fertilizers, pesticides, and specialty nutrients based in India, unveiled ten new innovative products that provide Indian farmers with full crop protection solutions.
Which Region Is The Fastest-Growing In The Crop Micronutrients Market?
In terms of the geographical landscape, the largest share in the crop micronutrients market was held by the Asia-Pacific region in 2024. However, North America is projected to be the fastest-growing region in the forecast period, covering regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Crop Micronutrients Market Report 2025 Offer?
Crop micronutrients are small but essential components used by plants, vital for healthy growth and development. Without these micronutrients, plant nutrition would be compromised, possibly leading to reduced crop yields. The Crop Micronutrients Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
For more insights, purchase the exclusive report here: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5813
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model