Chelated Micronutrients Market: By Nutrient, By Form, By Crop Type, By Application, and Geography

Chelated Micronutrients Market Size, Share, Growth, Trends, and Global Industry Analysis: By Nutrient (Zinc, Manganese, Copper, Iron, Boron, Molybdenum, and Others), By Form (EDTA-Chelated, DTPA-Chelated, HEDTA-Chelated, and Others), By Crop Type (Grains & Cereals, Pulses & Oilseeds, Vegetables & Fruits, Turf & Ornaments, and Others), By Application (Foliar, Soil, Starter fertilizers, and Others), and Region

Chelated Micronutrients Market size was valued at US$ 1,167.1 million in 2023 and is poised to grow at a CAGR of 8.5% from 2024 to 2030. The Chelated Micronutrients Market is experiencing a significant surge, driven by the need for efficient and targeted solutions to address micronutrient deficiencies in crops. Chelated micronutrients offer a more efficient way to address micronutrient deficiencies compared to traditional fertilizers. This can lead to reduced overall fertilizer usage, minimizing potential environmental pollution associated with excess fertilizer runoff. Also, by promoting optimal plant growth and root development, chelated micronutrients can contribute to improved soil health in the long run. This creates a more sustainable agricultural system. Moreover, the growing adoption of precision agriculture practices emphasizes collecting data on soil conditions and crop health. Chelated micronutrients provide a targeted solution for addressing specific micronutrient deficiencies identified through precision agriculture methods.

Also, the rising demand for high-value crops like fruits, vegetables, and nuts necessitates the use of efficient fertilizers. Chelated micronutrients cater to these crops' specific micronutrient needs, improving their quality, yield, and overall marketability. In some countries, stricter regulations are being imposed on the use of traditional fertilizers due to environmental concerns. This can incentivize the adoption of more targeted and efficient fertilizer solutions like chelated micronutrients. Furthermore, several governments are actively promoting the use of chelated micronutrients through subsidies and extension programs. This government support can encourage farmers to adopt these innovative solutions and improve agricultural productivity. However, convincing farmers of the long-term benefits and potential return on investment associated with chelated micronutrients can be challenging. Educating farmers about the improved crop yields, quality, and soil health benefits is crucial.

Chelated Micronutrients Market Key Developments:
  • In July 2019, BASF developed biodegradable chelates, “Trilon M Max EcoBalanced”, first renewable based “Trilon M” grade produced according to the biomass balance approach.
  • In 2018, BRANDT, introduced fresh micronutrient formulations, Brandt Smart Quatro Plus.

Chelated Micronutrients Market Summary

Study Period

2024 - 2030

Base Year

2023

CAGR

8.5%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Chelated Micronutrients Market Dynamics

The global population is steadily increasing, creating a constant need for higher food production. Chelated micronutrients play a crucial role in optimizing crop yields by ensuring plants have access to essential micronutrients for healthy growth. Also, the intensive agricultural practices and soil erosion can deplete vital micronutrients from the soil. Chelated micronutrients offer a targeted solution to replenish these deficiencies and improve overall soil health. Unlike traditional fertilizers, chelated micronutrients are bound to chelating agents, which protect them from being immobilized in the soil. This ensures efficient delivery of essential micronutrients directly to the plant roots, maximizing uptake and utilization. Moreover, chelated micronutrients can be applied directly to foliage (foliar application) or incorporated into soil (soil application) depending on the specific needs of the crop and soil conditions. This targeted approach minimizes wastage and optimizes nutrient delivery which in turn propels the chelated micronutrients market.

Chelated Micronutrients Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024 - 2030

Market Size in 2023

US$ 1,167.1 million

Market CAGR

8.5%

By Type

  • Grains & Cereals
  • Pulses & Oilseeds
  • Vegetables & Fruits
  • Turf & Ornaments
  • Others

By Form

  • EDTA-Chelated
  • DTPA-Chelated
  • HEDTA-Chelated
  • Others

By Application

  • Foliar
  • Soil
  • Starter fertilizers
  • Others

By Nutrient

  • Zinc
  • Manganese
  • Copper
  • Iron
  • Boron
  • Molybdenum
  • Others

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

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Frequently Asked Questions

The Asia Pacific is the fastest growing region in the chelated micronutrients market.

The Asia Pacific is dominating the chelated micronutrients market.

The leading players in the chelated micronutrients market are Akzo Nobel N.V., Aries Agro Limited, BASF SE, Deretil Agronutritional, Haifa Chemicals Ltd., Nouryon, Nufarm Limited, Protex International, Valagro SPA, and Van Iperen International.

Historic years considered for the market study are 2019 to 2022, 2023 is considered as the base year for market estimation and the forecast presented from 2024 to 2030.

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1.Executive Summary
2.Global Chelated Micronutrients Market Introduction 
2.1.Global Chelated Micronutrients Market  - Taxonomy
2.2.Global Chelated Micronutrients Market  - Definitions
2.2.1.Nutrient
2.2.2.Application
2.2.3.Form 
2.2.4.Type
2.2.5.Region
3.Global Chelated Micronutrients Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Chelated Micronutrients Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Chelated Micronutrients Market  By Nutrient, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Zinc
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Manganese
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Copper
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Iron
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Boron
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Molybdenum
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6.Global Chelated Micronutrients Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Foliar
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Soil
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Starter fertilizers
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.Global Chelated Micronutrients Market  By Form , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. EDTA-Chelated
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. DTPA-Chelated
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. HEDTA-Chelated
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Chelated Micronutrients Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Grains & Cereals
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Pulses & Oilseeds
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Vegetables & Fruits
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Turf & Ornaments
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Others
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.Global Chelated Micronutrients Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Chelated Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Nutrient Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Zinc
10.1.2.Manganese
10.1.3.Copper
10.1.4.Iron
10.1.5.Boron
10.1.6.Molybdenum
10.1.7.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Foliar
10.2.2.Soil
10.2.3.Starter fertilizers
10.2.4.Others
10.3.  Form  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.EDTA-Chelated
10.3.2.DTPA-Chelated
10.3.3.HEDTA-Chelated
10.3.4.Others
10.4.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Grains & Cereals
10.4.2.Pulses & Oilseeds
10.4.3.Vegetables & Fruits
10.4.4.Turf & Ornaments
10.4.5.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Chelated Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Nutrient Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Zinc
11.1.2.Manganese
11.1.3.Copper
11.1.4.Iron
11.1.5.Boron
11.1.6.Molybdenum
11.1.7.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Foliar
11.2.2.Soil
11.2.3.Starter fertilizers
11.2.4.Others
11.3.  Form  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.EDTA-Chelated
11.3.2.DTPA-Chelated
11.3.3.HEDTA-Chelated
11.3.4.Others
11.4.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Grains & Cereals
11.4.2.Pulses & Oilseeds
11.4.3.Vegetables & Fruits
11.4.4.Turf & Ornaments
11.4.5.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
12.Asia Pacific (APAC) Chelated Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Nutrient Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Zinc
12.1.2.Manganese
12.1.3.Copper
12.1.4.Iron
12.1.5.Boron
12.1.6.Molybdenum
12.1.7.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Foliar
12.2.2.Soil
12.2.3.Starter fertilizers
12.2.4.Others
12.3.  Form  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.EDTA-Chelated
12.3.2.DTPA-Chelated
12.3.3.HEDTA-Chelated
12.3.4.Others
12.4.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Grains & Cereals
12.4.2.Pulses & Oilseeds
12.4.3.Vegetables & Fruits
12.4.4.Turf & Ornaments
12.4.5.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Chelated Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Nutrient Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Zinc
13.1.2.Manganese
13.1.3.Copper
13.1.4.Iron
13.1.5.Boron
13.1.6.Molybdenum
13.1.7.Others
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Foliar
13.2.2.Soil
13.2.3.Starter fertilizers
13.2.4.Others
13.3.  Form  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.EDTA-Chelated
13.3.2.DTPA-Chelated
13.3.3.HEDTA-Chelated
13.3.4.Others
13.4.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Grains & Cereals
13.4.2.Pulses & Oilseeds
13.4.3.Vegetables & Fruits
13.4.4.Turf & Ornaments
13.4.5.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Chelated Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Nutrient Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Zinc
14.1.2.Manganese
14.1.3.Copper
14.1.4.Iron
14.1.5.Boron
14.1.6.Molybdenum
14.1.7.Others
14.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Foliar
14.2.2.Soil
14.2.3.Starter fertilizers
14.2.4.Others
14.3.  Form  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.EDTA-Chelated
14.3.2.DTPA-Chelated
14.3.3.HEDTA-Chelated
14.3.4.Others
14.4.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Grains & Cereals
14.4.2.Pulses & Oilseeds
14.4.3.Vegetables & Fruits
14.4.4.Turf & Ornaments
14.4.5.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Akzo Nobel N.V.
15.2.2.Aries Agro Limited
15.2.3.BASF SE
15.2.4.Deretil Agronutritional
15.2.5.Haifa Chemicals Ltd.
15.2.6.Nouryon
15.2.7.Nufarm Limited
15.2.8.Protex International
15.2.9.Valagro SPA
15.2.10.Van Iperen International
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Akzo Nobel N.V.
  • Aries Agro Limited
  • BASF SE
  • Deretil Agronutritional
  • Haifa Chemicals Ltd.
  • Nouryon
  • Nufarm Limited
  • Protex International
  • Valagro SPA
  • Van Iperen International

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