Crop Micronutrients Market: By Crop (Cereals, Pulses & Oil Seeds, Fruits & Vegetables, and Others), By Product Type (Copper, Zinc, Boron, Iron, Molybdenum, Manganese, and Others), By Application (Foliar, Fertigation, Seed Treatment, Soil Treatment, and Others) and Geography  

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Crop Micronutrients Market size was valued at USD 5.3 billion in 2023.  It is expected to reach USD 9.01 billion by 2030 recording a CAGR of 9% from 2024-2030. The major factors anticipated to propel the global agricultural micronutrients market over the forecast period include a growing population and rising concerns about food security are expected to propel the agricultural micronutrients market during the forecast period.

Increasing adoption and awareness of various micronutrients and their benefits such as a fundamental role in several critical functions in the cell such as protein metabolism, gene expression, structural and functional integrity of bio-membranes, photosynthetic metabolism, catalyst in the synthesis of the chlorophyll molecule, helps to absorb other elements, regulating multiple biochemical reactions, reduce microbial populations, improve keeping quality. The growing incidence of micronutrient deficiencies in crops has increased markedly in recent years due to intensive cropping, soil erosion, losses of nutrients through leaching, liming of acid soils, unbalanced fertilizer application including NPK and no replenishment are the other major factors expected to create huge demand for agriculture micronutrients over the forecast period.

Crop Micronutrients Market

Crop Micronutrients Market Segment Analysis:

The Cereals segment accounts for 51.8% market share in 2021, rising demand for high yields and good quality crops across the globe and rising awareness of micronutrients to avoid yield losses in crops and impaired crop quality among farmers and manufacturers are the major factors expected to rise cereals segment over the forecast period.

Increasing usage of boron micronutrients for oil seed production, Manganese and Molybdenum micronutrients for chlorophyll formation, photosynthesis, and nitrogen uptake especially for the crops that are growing in acidic soils are the major factors expected to drive the pulses & oil seeds crop segment market over the forecast period. Other factors such as heavy investments by leading manufacturers in research and development projects to provide environmental-friendly biodegradable and coated technology-based products, adoption of new technologies for the application of micronutrients for various crops by farmers to improve the soil fertility by preventing physiological disorders/diseases in plants, to enhance both the quality and quantity of pulses and oil seeds crops are poised to enhance the demand for micronutrient fertilizers products during the forecast period.

Companies are developing various technologies for agricultural micronutrients such as Koch Agronomics, which provides “evencote” technology designed to coat onto dry fertilizer blends and deliver highly available nutrition through better distribution in the field when compared to traditional granular micronutrients.

Haifa Technologies provides Nutrigation™ technology for micronutrients by which water and plant nutrients are delivered simultaneously through the irrigation system which Reduces losses of nutrients by leaching.

Companies are developing and offering different web and mobile apps to help growers worldwide gain full benefits from their crops. The company shares comprehensive plant nutrition knowledge through a set of online tools. For instance, Haifa Technologies provides a “Deficiency Pro” web application that help to identify deficiency by specific crops, or through the type of Micronutrient or macronutrients such as Zn, Fe Etc. BASF also provides BASF AgGenie, a one-stop solution in farm management.

Manufacturers are fully invested in developing the micronutrients market expanding their R&D efforts, delivering new products with proven efficacy, and ensuring they work with existing offerings. Such research is going on for micronutrient supplementation in various ways such as Foliar or Fertigation.

Crop Micronutrients Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
Crop Micronutrients Market Dynamics

The loss of several micronutrients due to climate change and environmental issues can be provided to the soil by micronutrients fertilizers application to the crop and soil which drives the growth of the agriculture micronutrients market. Climate change is already showing its teeth in recent years. We have seen an unpredictable wet phase in places where there was balanced rainfall and provided good agriculture. Also, there is evidence of an unnaturally long dry phase or extremities of temperature throughout the globe. This sudden change in rainfall and temperature pattern is impacting the agricultural sector the most. The effectiveness of nitrogen fertilizers is reduced with excessive rainfall or severe cold temperature or high temperature than normal in a region by volatilization or leaching of nitrogen from the soil. Deficiency of Magnesium, Copper, Zinc and boron deficiencies occur due to the acidity of the soil. In highly acidic soil iron become more available and more toxic to plants which lead to deficiency of above nutrients in soil. Micronutrients as iron and zinc in crops affect by climate change, with increasing temperatures and atmospheric carbon dioxide levels.

Key Features of the Reports

  • 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 their 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

Crop Micronutrients Market Segmentation

By Crop Type
  • Cereals,
  • Pulses & Oil Seeds,
  • Fruits & Vegetables, and
  • Others
By Product Type
  • Copper,
  • Zinc,
  • Boron,
  • Iron,
  • Molybdenum,
  • Manganese, and
  • Others
By Application
  • Foliar,
  • Fertigation,
  • Seed Treatment,
  • Soil Treatment, and
  • Others

Frequently Asked Questions

The crop micronutrients market was valued at USD 5.3 billion in 2023 and is projected to grow at a CAGR of 9% over the forecast period.

The crop micronutrients market key players are: Dow Chemical (US) AkzoNobel (Netherlands) Agrium (Canada) BASF (Germany) Yara International (Norway) The Mosaic Company (US) Land O’Lakes (US) Helena Chemical Company (US) Nufarm (Australia)

The Asia Pacific region holds the major market share for crop micronutrients and is growing at a CAGR of 9.8%.

Cereals, Pulses, and Oil Seeds dominate the crop micronutrients market, followed by Fruits and Vegetables.

1.Executive Summary
2.Global Crop Micronutrients Market Introduction 
2.1.Global Crop Micronutrients Market  - Taxonomy
2.2.Global Crop Micronutrients Market  - Definitions
2.2.1.Crop Type
2.2.2.Product Type
2.2.3.Application
2.2.4.Region
3.Global Crop 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 Crop 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 Crop Micronutrients Market  By Crop Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Cereals,
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. Pulses & Oil Seeds,
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. Fruits & Vegetables, and
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. Others
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 
6.Global Crop Micronutrients Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Copper,
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. Zinc,
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. Boron,
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. Iron,
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 
6.5. Molybdenum,
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Manganese, and
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Others
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
7.Global Crop Micronutrients Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Foliar,
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. Fertigation,
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. Seed Treatment,
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. Soil Treatment, and
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 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Crop Micronutrients Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
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. Europe
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. Asia Pacific (APAC)
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. Middle East and Africa (MEA)
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. Latin America
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.North America Crop Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Cereals,
9.1.2.Pulses & Oil Seeds,
9.1.3.Fruits & Vegetables, and
9.1.4.Others
9.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Copper,
9.2.2.Zinc,
9.2.3.Boron,
9.2.4.Iron,
9.2.5.Molybdenum,
9.2.6.Manganese, and
9.2.7.Others
9.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Foliar,
9.3.2.Fertigation,
9.3.3.Seed Treatment,
9.3.4.Soil Treatment, and
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Crop Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Crop Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Cereals,
10.1.2.Pulses & Oil Seeds,
10.1.3.Fruits & Vegetables, and
10.1.4.Others
10.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Copper,
10.2.2.Zinc,
10.2.3.Boron,
10.2.4.Iron,
10.2.5.Molybdenum,
10.2.6.Manganese, and
10.2.7.Others
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Foliar,
10.3.2.Fertigation,
10.3.3.Seed Treatment,
10.3.4.Soil Treatment, and
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Crop Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Crop Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Cereals,
11.1.2.Pulses & Oil Seeds,
11.1.3.Fruits & Vegetables, and
11.1.4.Others
11.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Copper,
11.2.2.Zinc,
11.2.3.Boron,
11.2.4.Iron,
11.2.5.Molybdenum,
11.2.6.Manganese, and
11.2.7.Others
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Foliar,
11.3.2.Fertigation,
11.3.3.Seed Treatment,
11.3.4.Soil Treatment, and
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Crop Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Crop Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Cereals,
12.1.2.Pulses & Oil Seeds,
12.1.3.Fruits & Vegetables, and
12.1.4.Others
12.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Copper,
12.2.2.Zinc,
12.2.3.Boron,
12.2.4.Iron,
12.2.5.Molybdenum,
12.2.6.Manganese, and
12.2.7.Others
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Foliar,
12.3.2.Fertigation,
12.3.3.Seed Treatment,
12.3.4.Soil Treatment, and
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Crop Micronutrients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Crop Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Cereals,
13.1.2.Pulses & Oil Seeds,
13.1.3.Fruits & Vegetables, and
13.1.4.Others
13.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Copper,
13.2.2.Zinc,
13.2.3.Boron,
13.2.4.Iron,
13.2.5.Molybdenum,
13.2.6.Manganese, and
13.2.7.Others
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Foliar,
13.3.2.Fertigation,
13.3.3.Seed Treatment,
13.3.4.Soil Treatment, and
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Dow Chemical (US)
14.2.2.AkzoNobel (Netherlands)
14.2.3.Agrium (Canada)
14.2.4.BASF (Germany)
14.2.5.Yara International (Norway)
14.2.6.The Mosaic Company (US)
14.2.7.Land O’Lakes (US)
14.2.8.Helena Chemical Company (US)
14.2.9.Nufarm (Australia)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Dow Chemical (US)
  • AkzoNobel (Netherlands)
  • Agrium (Canada)
  • BASF (Germany)
  • Yara International (Norway)
  • The Mosaic Company (US)
  • Land O’Lakes (US)
  • Helena Chemical Company (US)
  • Nufarm (Australia)

Adjacent Markets