Worldwide Crop Micronutrient Industry to 2026 - Development of Biodegradable Chelates Presents Opportunities

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Dublin, Oct. 20, 2021 (GLOBE NEWSWIRE) -- The "Crop Micronutrient Market Research Report by Product, Form, Crop, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Crop Micronutrient Market size was estimated at USD 6,900.38 million in 2020, is expected to reach USD 7,657.72 million in 2021, and projected to grow at a CAGR of 11.31% reaching USD 13,127.01 million by 2026.

Market Statistics

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage

This research report categorizes the Crop Micronutrient to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Product, the market was studied across Boron, Copper, Iron, and Zinc.

  • Based on Form, the market was studied across Chelated and Non-Chelated.

  • Based on Crop, the market was studied across Cereal & Grain, Fruit & Vegetable, and Pulse & Oilseed.

  • Based on Application, the market was studied across Fertigation, Foliar, Seed Treatment, and Soil.

  • Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Crop Micronutrient Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Crop Micronutrient Market, including Akzo Nobel N.V., Aries Agro Ltd., Baicor L.C., BASF SE, Compass Minerals International, Inc., DowDuPont Inc., Nutrien Ltd., The Mosaic Company, Western Nutrients Corporation, and Yara International ASA.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Crop Micronutrient Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Crop Micronutrient Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Crop Micronutrient Market?
4. What is the competitive strategic window for opportunities in the Global Crop Micronutrient Market?
5. What are the technology trends and regulatory frameworks in the Global Crop Micronutrient Market?
6. What is the market share of the leading vendors in the Global Crop Micronutrient Market?
7. What modes and strategic moves are considered suitable for entering the Global Crop Micronutrient Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Effectiveness of micronutrients for crop yield and productivity
5.2.2. Increased awareness among growers about the benefits of micronutrients and shrinkage of agricultural land
5.2.3. Increasing incidences of micronutrient deficiencies in soils around the world
5.3. Restraints
5.3.1. Availability of cheap alternatives and counterfeit products
5.3.2. Lack of awareness among farmers regarding dosage and proper application of micronutrients
5.4. Opportunities
5.4.1. Supporting policies from the government
5.4.2. Development of biodegradable chelates
5.4.3. Increase in agricultural practices and necessity of high-quality agricultural produce
5.5. Challenges
5.5.1. Need for sustainable sourcing of raw materials

6. Crop Micronutrient Market, by Product
6.1. Introduction
6.2. Boron
6.3. Copper
6.4. Iron
6.5. Zinc

7. Crop Micronutrient Market, by Form
7.1. Introduction
7.2. Chelated
7.3. Non-Chelated

8. Crop Micronutrient Market, by Crop
8.1. Introduction
8.2. Cereal & Grain
8.3. Fruit & Vegetable
8.4. Pulse & Oilseed

9. Crop Micronutrient Market, by Application
9.1. Introduction
9.2. Fertigation
9.3. Foliar
9.4. Seed Treatment
9.5. Soil

10. Americas Crop Micronutrient Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Crop Micronutrient Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand

12. Europe, Middle East & Africa Crop Micronutrient Market
12.1. Introduction
12.2. France
12.3. Germany
12.4. Italy
12.5. Netherlands
12.6. Qatar
12.7. Russia
12.8. Saudi Arabia
12.9. South Africa
12.10. Spain
12.11. United Arab Emirates
12.12. United Kingdom

13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.1.1. Quadrants
13.1.2. Business Strategy
13.1.3. Product Satisfaction
13.2. Market Ranking Analysis
13.3. Market Share Analysis, by Key Player
13.4. Competitive Scenario
13.4.1. Merger & Acquisition
13.4.2. Agreement, Collaboration, & Partnership
13.4.3. New Product Launch & Enhancement
13.4.4. Investment & Funding
13.4.5. Award, Recognition, & Expansion

14. Company Usability Profiles
14.1. Akzo Nobel N.V.
14.2. Aries Agro Ltd.
14.3. Baicor L.C.
14.4. BASF SE
14.5. Compass Minerals International, Inc.
14.6. DowDuPont Inc.
14.7. Nutrien Ltd.
14.8. The Mosaic Company
14.9. Western Nutrients Corporation
14.10. Yara International ASA

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ym2oag

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