Global Agricultural Chelates Market, By Source Type (EDTA, DTPA, and EDDHA, IDHA, Others), Crop Type (Macro Indicators, Npk (N+P2o5 + K2o) Fertilizers, Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), Mode of Application (Soil Application, Seed Dressing, Foliar Sprays, Fertigation, Others), Micronutrient Type (Iron, Manganese, Others), End Use (Agriculture, Indoor Farming), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Agricultural Chelates Market
Agricultural chelates market is globally projected to reach USD 1.80 billion by 2027, recording a CAGR of 7.90% in the forecast period of 2020 to 2027. Data Bridge Market Research report on agricultural chelates market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Agricultural chelates used to put in the soil to store the most micronutrients. Growing awareness about soil nutrition is a driving force behind these products. However, the chemical poisoning involved is a major cause of concern for farmers, to avoid these situations the use of agricultural chelates is growing at a high rate. Two major nutrients thought to be fruits and vegetables are referred to in this section. Fruits and vegetables are listed as the largest market for agricultural products in 2019. This is evidenced by the increase in income marriages, rapid urbanization, and increased awareness of the health benefits associated with fruits and vegetables, which are considered as high commodities.
Increasing demand for high yielding crops will result in increasing soil degradation and increasing demand for the agricultural commodity market. Additionally, the growing demand for chelated iron micronutrients for agricultural application exceeds the demand for the Agricultural Chelates market. Primarily, the accumulation of biodegradable chelates can damage the crop and soil, hindering the growth of the agricultural chelates market. However, the development of biodegradable chelates creates an opportunity for the agricultural chelates market.
The growing demand for sustainable production of pulses, food grains and oilseeds has led to increased demand for farm filters to supply micronutrients to such crops. The rise of food security around the world has given the market for retaining it for upcoming years. The growing demand for high value crops has fuelled the demand for chelate application in agriculture. One of the best precision-farming techniques has been described in the application of micronutrients, as well as increasing the availability of micronutrients to plants and thus increasing popularity among farmers.
Many Asia-Pacific countries such as India, Australia and China are exporting large quantities of fruits and vegetables worldwide, due to the high demand for tropical fruits and vegetables, and the high potential for growing crops. The increase in FDI in these areas has contributed to the growth of high-value agricultural crops, such as maize, sugarcane, and canola and others and has increased export worldwide as an increase in demand and population.
This agricultural chelates in market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agricultural chelates in market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Agricultural Chelates Market Scope and Market Size
Agricultural chelates market is segmented on the basis of source type, crop type, mode of application, micronutrient type and end use. The growth among segments helps you analyse growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source type, the agricultural chelates market is segmented into EDTA, DTPA, IDHA and EDDHA and others (HEDP, HETDA, organic acids, and NTA).
- On the basis of mode of application, the agricultural chelates market is segmented into soil, seed dressing, foliar sprays, fertigation and others (including trunk injection and implantation).
- On the basis of crop type, the agricultural chelates market is segmented into macro indicators, Npk (N+P2o5 + K2o) fertilizers, cereals and grains, oilseeds and pulses, fruits and vegetables, and others (including turf & ornamental crops) only.
- On the basis of micronutrient type, the agricultural chelates market is segmented into iron, manganese, and others (including zinc, copper, magnesium, and calcium).
- On the basis of end use, the agricultural chelates market is segmented into agriculture and indoor farming.
Agricultural Chelates Market Country Level Analysis
Agricultural Chelates market is analysed and market size, volume information is provided by country, source type, crop type, mode of application, micronutrient type and end use as referenced above.
The countries covered in the agricultural chelates market report are the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
European region dominates the agricultural chelates market because of growing demand for more vegetarian product and increasing urbanization in the region as well as increase in farming practices also.
The country section of the agricultural chelates market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agricultural Chelates Market Share Analysis
Agricultural chelates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agricultural chelates market.
The major players covered in agricultural chelates report are Syngenta Crop Protection AG, Valagro Usa Inc., Haifa Chemicals Ltd., NufarmCA, Van Iperen International, Akzo Nobel N.V., Nutra-Flo Company, PROTEX INTERNATIONAL, BASF SE, Nouryon, Dow (The Dow Chemical Company), among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Agricultural Chelates Market
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