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Micronutrients are those elements essential for plant growth which are needed in only very small (micro) quantities. These elements are sometimes called minor elements or trace elements, but use of the term micronutrient is encouraged by the American Society of Agronomy and the Soil Science Society of America. The micronutrients are boron (B), copper (Cu), iron (Fe), chloride (Cl), manganese (Mn), molybdenum (Mo) and zinc (Zn). Recycling organic matter such as grass clippings and tree leaves is an excellent way of providing micronutrients (as well as macronutrients) to growing plants.
Micronutrients are known to play many complex roles in plant development and health. Micronutrients promote the strong, steady growth of crops that produce higher yields and increase harvest quality — maximizing a plant’s genetic potential. In particular, their presence can have a great impact on root development, fruit setting and grain filling, seed viability and plant vigor and health.
Micronutrient deficiency or toxicity can result in stunted growth, low yields, dieback and even plant death. They also benefit plants indirectly by feeding the microorganisms in the soil that perform important steps in various nutrient cycles of the soil-plant root system.
Increasing evidence indicates that crops grown in soils with low levels of micronutrients may not provide sufficient human dietary levels of certain elements, even though the crops show no visual signs of deficiency themselves.
According to this study, over the next five years the Micronutrient market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Micronutrient business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Micronutrient market by product type, application, key manufacturers and key regions and countries.
This study considers the Micronutrient value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Soil Fertilizer
Foliar Fertilizer
Seed Treatment
Hydroponics
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cereals
Fruits and Vegetables
Flowers
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
AkzoNobel
Yara International
Haifa
Agrium
Stoller
Mosaic
JR Simplot
Nulex
Sapec SA
Wolf Trax
DAYAL GROUP
SAM HPRP
Frit Industries
Valagro
ATP Nutrition
Kronos Micronutrients
Sun Agrigenetics
QC Corporation
Coromandel International
Microfeed
Sinofert Holding
Jinpai Fertilier
Hui Yi Chemical
Wintong Chemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Micronutrient consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Micronutrient market by identifying its various subsegments.
Focuses on the key global Micronutrient manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Micronutrient with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Micronutrient submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Micronutrient Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Micronutrient Consumption 2014-2024
2.1.2 Micronutrient Consumption CAGR by Region
2.2 Micronutrient Segment by Type
2.2.1 Soil Fertilizer
2.2.2 Foliar Fertilizer
2.2.3 Seed Treatment
2.2.4 Hydroponics
2.2.5 Other
2.3 Micronutrient Consumption by Type
2.3.1 Global Micronutrient Consumption Market Share by Type (2014-2019)
2.3.2 Global Micronutrient Revenue and Market Share by Type (2014-2019)
2.3.3 Global Micronutrient Sale Price by Type (2014-2019)
2.4 Micronutrient Segment by Application
2.4.1 Cereals
2.4.2 Fruits and Vegetables
2.4.3 Flowers
2.4.4 Other
2.5 Micronutrient Consumption by Application
2.5.1 Global Micronutrient Consumption Market Share by Application (2014-2019)
2.5.2 Global Micronutrient Value and Market Share by Application (2014-2019)
2.5.3 Global Micronutrient Sale Price by Application (2014-2019)
3 Global Micronutrient by Players
3.1 Global Micronutrient Sales Market Share by Players
3.1.1 Global Micronutrient Sales by Players (2017-2019)
3.1.2 Global Micronutrient Sales Market Share by Players (2017-2019)
3.2 Global Micronutrient Revenue Market Share by Players
3.2.1 Global Micronutrient Revenue by Players (2017-2019)
3.2.2 Global Micronutrient Revenue Market Share by Players (2017-2019)
3.3 Global Micronutrient Sale Price by Players
3.4 Global Micronutrient Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Micronutrient Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Micronutrient Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Micronutrient by Regions
4.1 Micronutrient by Regions
4.1.1 Global Micronutrient Consumption by Regions
4.1.2 Global Micronutrient Value by Regions
4.2 Americas Micronutrient Consumption Growth
4.3 APAC Micronutrient Consumption Growth
4.4 Europe Micronutrient Consumption Growth
4.5 Middle East & Africa Micronutrient Consumption Growth
5 Americas
5.1 Americas Micronutrient Consumption by Countries
5.1.1 Americas Micronutrient Consumption by Countries (2014-2019)
5.1.2 Americas Micronutrient Value by Countries (2014-2019)
5.2 Americas Micronutrient Consumption by Type
5.3 Americas Micronutrient Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Micronutrient Consumption by Countries
6.1.1 APAC Micronutrient Consumption by Countries (2014-2019)
6.1.2 APAC Micronutrient Value by Countries (2014-2019)
6.2 APAC Micronutrient Consumption by Type
6.3 APAC Micronutrient Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Micronutrient by Countries
7.1.1 Europe Micronutrient Consumption by Countries (2014-2019)
7.1.2 Europe Micronutrient Value by Countries (2014-2019)
7.2 Europe Micronutrient Consumption by Type
7.3 Europe Micronutrient Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Micronutrient by Countries
8.1.1 Middle East & Africa Micronutrient Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Micronutrient Value by Countries (2014-2019)
8.2 Middle East & Africa Micronutrient Consumption by Type
8.3 Middle East & Africa Micronutrient Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Micronutrient Distributors
10.3 Micronutrient Customer
11 Global Micronutrient Market Forecast
11.1 Global Micronutrient Consumption Forecast (2019-2024)
11.2 Global Micronutrient Forecast by Regions
11.2.1 Global Micronutrient Forecast by Regions (2019-2024)
11.2.2 Global Micronutrient Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Micronutrient Forecast by Type
11.8 Global Micronutrient Forecast by Application
12 Key Players Analysis
12.1 BASF
12.1.1 Company Details
12.1.2 Micronutrient Product Offered
12.1.3 BASF Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 BASF News
12.2 AkzoNobel
12.2.1 Company Details
12.2.2 Micronutrient Product Offered
12.2.3 AkzoNobel Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 AkzoNobel News
12.3 Yara International
12.3.1 Company Details
12.3.2 Micronutrient Product Offered
12.3.3 Yara International Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Yara International News
12.4 Haifa
12.4.1 Company Details
12.4.2 Micronutrient Product Offered
12.4.3 Haifa Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Haifa News
12.5 Agrium
12.5.1 Company Details
12.5.2 Micronutrient Product Offered
12.5.3 Agrium Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Agrium News
12.6 Stoller
12.6.1 Company Details
12.6.2 Micronutrient Product Offered
12.6.3 Stoller Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Stoller News
12.7 Mosaic
12.7.1 Company Details
12.7.2 Micronutrient Product Offered
12.7.3 Mosaic Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Mosaic News
12.8 JR Simplot
12.8.1 Company Details
12.8.2 Micronutrient Product Offered
12.8.3 JR Simplot Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 JR Simplot News
12.9 Nulex
12.9.1 Company Details
12.9.2 Micronutrient Product Offered
12.9.3 Nulex Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Nulex News
12.10 Sapec SA
12.10.1 Company Details
12.10.2 Micronutrient Product Offered
12.10.3 Sapec SA Micronutrient Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Sapec SA News
12.11 Wolf Trax
12.12 DAYAL GROUP
12.13 SAM HPRP
12.14 Frit Industries
12.15 Valagro
12.16 ATP Nutrition
12.17 Kronos Micronutrients
12.18 Sun Agrigenetics
12.19 QC Corporation
12.20 Coromandel International
12.21 Microfeed
12.22 Sinofert Holding
12.23 Jinpai Fertilier
12.24 Hui Yi Chemical
12.25 Wintong Chemicals
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Micronutrient
Table Product Specifications of Micronutrient
Figure Micronutrient Report Years Considered
Figure Market Resear
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