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    Agricultural Micronutrients Market

    ID: MRFR/Agri/8659-HCR
    90 Pages
    Snehal Singh
    October 2025

    Agricultural Micronutrients Market Research Report Information By Type (Zinc, Boron, Iron, Molybdenum, Copper, and Manganese), By Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables), By Form (Chelated and Non-Chelated), By Mode of Application (Soil, Foliar, and Fertigation), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035

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    Agricultural Micronutrients Market Summary

    As per MRFR analysis, the Agricultural Micronutrients Market Size was estimated at 6.32 USD Billion in 2024. The Agricultural Micronutrients industry is projected to grow from 6.761 USD Billion in 2025 to 13.26 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.97 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Agricultural Micronutrients Market is poised for growth driven by sustainability and technological advancements.

    • North America remains the largest market for agricultural micronutrients, reflecting a strong emphasis on sustainable agriculture practices.
    • Asia-Pacific is identified as the fastest-growing region, likely due to increasing investments in agricultural technology and nutrient delivery systems.
    • Zinc continues to dominate the market as the largest segment, while Boron is emerging as the fastest-growing micronutrient.
    • Rising demand for food security and increased awareness of nutritional deficiencies are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 6.32 (USD Billion)
    2035 Market Size 13.26 (USD Billion)
    CAGR (2025 - 2035) 6.97%

    Major Players

    Yara International (NO), Nutrien (CA), The Mosaic Company (US), Haifa Group (IL), K+S AG (DE), BASF SE (DE), FMC Corporation (US), Solvay S.A. (BE), Nufarm Limited (AU)

    Agricultural Micronutrients Market Trends

    The Agricultural Micronutrients Market is currently experiencing a notable transformation, driven by the increasing awareness of the essential role that micronutrients play in enhancing crop yield and quality. Farmers and agronomists are increasingly recognizing that micronutrients, such as zinc, iron, and manganese, are critical for plant health and productivity. This growing understanding is prompting a shift towards more sustainable agricultural practices, where the application of micronutrients is seen as a vital component of soil health management. Furthermore, the rising global population and the corresponding demand for food are likely to further propel the adoption of micronutrient solutions in various agricultural sectors. In addition to the heightened focus on crop productivity, the Agricultural Micronutrients Market is also influenced by advancements in technology and research. Innovations in formulation and delivery methods are making it easier for farmers to apply these nutrients effectively. Moreover, the increasing prevalence of precision agriculture techniques is enabling more targeted applications, which could lead to improved efficiency and reduced waste. As the market evolves, it appears that the integration of micronutrients into broader agricultural strategies will become increasingly common, potentially reshaping the landscape of modern farming practices.

    Sustainable Agriculture Practices

    The trend towards sustainable agriculture is gaining momentum, as farmers seek to minimize environmental impact while maximizing productivity. This shift often involves the strategic use of micronutrients to enhance soil health and crop resilience.

    Technological Advancements in Nutrient Delivery

    Innovations in the formulation and application of micronutrients are emerging, allowing for more efficient and effective delivery methods. These advancements may lead to improved nutrient uptake by plants and reduced wastage.

    Increased Focus on Crop Quality

    There is a growing emphasis on not just yield, but also the nutritional quality of crops. This trend suggests that micronutrients will play a crucial role in enhancing the overall health benefits of agricultural produce.

    Agricultural Micronutrients Market Drivers

    Rising Demand for Food Security

    The Agricultural Micronutrients Market is experiencing a surge in demand driven by the increasing global population and the corresponding need for enhanced food security. As populations grow, the pressure on agricultural systems intensifies, necessitating the use of micronutrients to improve crop yields and nutritional quality. Reports indicate that by 2025, the demand for food is expected to rise by approximately 60 percent, prompting farmers to adopt micronutrient solutions to meet these challenges. This trend is particularly evident in regions where soil deficiencies are prevalent, as micronutrients play a crucial role in plant health and productivity. Consequently, the Agricultural Micronutrients Market is poised for growth as stakeholders seek to ensure sustainable food production in the face of escalating demand.

    Growing Organic Farming Practices

    The Agricultural Micronutrients Market is experiencing growth due to the rising trend of organic farming practices. As consumers increasingly demand organic produce, farmers are seeking ways to enhance soil fertility and crop health without synthetic fertilizers. Micronutrients play a vital role in organic farming, as they are essential for plant growth and development. The shift towards organic agriculture is prompting farmers to explore natural sources of micronutrients, such as compost and organic fertilizers. This trend is expected to drive the Agricultural Micronutrients Market, as the demand for organic produce continues to rise, necessitating the use of micronutrient solutions that align with organic farming principles.

    Government Initiatives and Support

    The Agricultural Micronutrients Market is bolstered by various government initiatives aimed at promoting sustainable agricultural practices. Governments are increasingly recognizing the importance of micronutrients in enhancing crop productivity and soil health. Initiatives such as subsidies for micronutrient fertilizers and educational programs for farmers are being implemented to encourage the adoption of these essential inputs. For instance, several countries have launched campaigns to raise awareness about soil health and the role of micronutrients in achieving food security. These efforts are likely to stimulate growth in the Agricultural Micronutrients Market, as more farmers are incentivized to integrate micronutrient solutions into their farming practices.

    Increased Awareness of Nutritional Deficiencies

    The Agricultural Micronutrients Market is significantly influenced by the growing awareness of nutritional deficiencies in both crops and human diets. As consumers become more informed about the importance of micronutrients, there is a corresponding increase in demand for fortified agricultural products. Studies have shown that deficiencies in essential micronutrients such as zinc, iron, and manganese can lead to reduced crop yields and poor human health outcomes. This awareness is driving farmers to incorporate micronutrient solutions into their agricultural practices, thereby enhancing the nutritional profile of their produce. The Agricultural Micronutrients Market is likely to benefit from this trend, as more stakeholders recognize the critical role of micronutrients in achieving both agricultural productivity and public health objectives.

    Technological Innovations in Micronutrient Application

    The Agricultural Micronutrients Market is witnessing a transformation due to technological innovations in the application of micronutrients. Advances in precision agriculture, such as soil testing and nutrient mapping, enable farmers to apply micronutrients more effectively and efficiently. These technologies allow for targeted application, reducing waste and enhancing crop uptake. Furthermore, the development of slow-release and controlled-release formulations is improving the efficacy of micronutrient delivery. As a result, farmers are increasingly adopting these innovative solutions to optimize their yields and reduce input costs. The Agricultural Micronutrients Market is expected to expand as these technologies become more accessible and affordable, facilitating broader adoption among farmers.

    Market Segment Insights

    By Type: Zinc (Largest) vs. Boron (Fastest-Growing)

    In the Agricultural Micronutrients Market, zinc is currently the leading micronutrient, holding the largest market share among the various types. Its essential role in plant growth, development, and enzyme function makes it indispensable for farmers, especially in crop production. Boron, while not as dominant as zinc, is increasingly gaining traction due to its crucial part in reproductive processes and cell wall formation, fueling its rapid growth in market presence. Recent trends indicate that the growing awareness of the importance of micronutrients in enhancing crop yield and quality is driving demand. As agricultural practices evolve, farmers are looking for effective ways to maximize their output, thus propelling the adoption of micronutrients like boron and iron. The rising need for sustainable farming practices and the focus on crop nutrition further strengthen the market potential of these micronutrients, positioning boron as a key player for future growth.

    Zinc (Dominant) vs. Molybdenum (Emerging)

    Zinc is recognized as the dominant micronutrient in the Agricultural Micronutrients Market due to its extensive usage across various crops for its role in promoting growth and improving resistance to diseases. Its prominence is a result of both its long-standing application in agriculture and extensive research backing its efficacy. On the other hand, molybdenum is emerging as a significant micronutrient as the industry witnesses a shift toward diverse and sustainable farming practices. Though traditionally underutilized, molybdenum is now appreciated for its ability to enhance nitrogen fixation and improve plant tolerance to environmental stresses. As awareness of its benefits grows, it is set to carve out a more substantial position in the market, appealing to farmers seeking comprehensive solutions for crop health.

    By Crop Type: Cereals & Grains (Largest) vs. Oilseeds & Pulses (Fastest-Growing)

    The Crop Type segment within the Agricultural Micronutrients Market is characterized by a distinct division of market share among its primary categories: Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables. Cereals & Grains hold the largest market share due to their fundamental role in global food supply and dietary staples. The significance of these crops translates directly to a demand for micronutrients that enhance their yield and nutritional quality, establishing this category as the backbone of the market. In contrast, Oilseeds & Pulses are recognized as the fastest-growing category, driven by increasing consumer preferences for plant-based proteins and sustainable agricultural practices. The rising global demand for oils and protein-rich crops has amplified the need for micronutrients that bolster their growth and resilience. Additionally, the push towards organic farming is further catalyzing the growth of this segment, spotlighting the importance of specialized micronutrients that promote sustainable crop production.

    Cereals & Grains (Dominant) vs. Fruits & Vegetables (Emerging)

    Cereals & Grains represent the dominant force in the Agricultural Micronutrients Market, characterized by a robust demand for essential nutrients to support their cultivation. This category includes vital crops such as wheat, rice, and corn, which are crucial for food security and agricultural profitability. These crops necessitate micronutrients to enhance yield, improve quality, and combat pests and diseases. As global food demand continues to rise, the Cereals & Grains segment is expected to maintain its leadership role, focusing on innovation in nutrient formulations that cater to the specific needs of these staple crops. Conversely, the Fruits & Vegetables segment, while currently emerging, is gaining traction as a result of the growing health-conscious market. Increased awareness of the nutritional benefits of fresh produce has driven farmers to invest in micronutrient solutions that can improve both the quantity and quality of their harvests, signaling a shift towards healthier eating patterns.

    By Form: Chelated (Largest) vs. Non-Chelated (Fastest-Growing)

    In the Agricultural Micronutrients Market, the 'By Form' segment is characterized by distinct profiles of chelated and non-chelated micronutrients. Chelated micronutrients hold a significant share of the market, appealing to a wide range of agricultural applications due to their enhanced solubility and bioavailability. Meanwhile, non-chelated micronutrients, while traditionally forming a smaller share, are gaining traction as they offer cost-effective alternatives and simplify nutrient application processes for farmers.

    Form: Chelated (Dominant) vs. Non-Chelated (Emerging)

    Chelated micronutrients are recognized for their superior uptake and mobility within plants, making them the dominant choice in the Agricultural Micronutrients Market. Their complexing agents enhance nutrient solubility, ensuring efficient delivery and availability to crops. In contrast, non-chelated micronutrients are emerging as a viable option, particularly for cost-sensitive farmers seeking effective but economical solutions. These alternatives are gaining popularity due to their straightforward application methods and the growing awareness of their benefits, particularly in developing regions where agriculture is rapidly evolving.

    By Mode of Application: Foliar (Largest) vs. Soil (Fastest-Growing)

    In the Agricultural Micronutrients Market, the distribution of application modes reveals that foliar application commands the largest share due to its efficiency and immediate impact on crop health. Following closely, soil application is gaining traction, while fertigation is emerging as a preferred method among precision farmers. The adoption of foliar application can be attributed to its ability to deliver nutrients directly to plant leaves, ensuring optimal absorption and quick results for farmers seeking better yields in a competitive market.

    Soil (Fastest-Growing) vs. Foliar (Dominant)

    Soil application is witnessing rapid growth as farmers increasingly realize its long-term benefits in building soil health and enhancing nutrient availability. This method is particularly effective for delivering micronutrients in a controlled manner, which can contribute to sustainable farming practices. On the other hand, foliar application remains dominant as it allows for immediate correction of nutrient deficiencies, particularly during critical growth stages. Both methods play significant roles in addressing specific crop needs; hence, farmers often employ a combination based on their unique agricultural requirements.

    Get more detailed insights about Agricultural Micronutrients Market

    Regional Insights

    North America : Agricultural Innovation Leader

    North America is the largest market for agricultural micronutrients, holding approximately 40% of the global share. The region's growth is driven by increasing demand for high-yield crops and sustainable farming practices. Regulatory support for precision agriculture and environmental sustainability further catalyzes market expansion. The U.S. and Canada are the primary contributors, with a focus on enhancing soil health and crop productivity. The competitive landscape in North America is characterized by the presence of major players such as Nutrien, The Mosaic Company, and FMC Corporation. These companies are investing in research and development to innovate micronutrient solutions tailored to regional agricultural needs. The emphasis on organic farming and the adoption of advanced agricultural technologies are also shaping the market dynamics, ensuring a robust growth trajectory for the sector.

    Europe : Sustainable Agriculture Focus

    Europe is the second-largest market for agricultural micronutrients, accounting for approximately 30% of the global market share. The region's growth is propelled by stringent regulations promoting sustainable agricultural practices and the increasing adoption of precision farming techniques. Countries like Germany and France are leading the charge, with a strong emphasis on reducing chemical inputs and enhancing soil fertility through micronutrient application. The competitive landscape in Europe features key players such as BASF SE and K+S AG, who are actively involved in developing innovative micronutrient products. The European market is also witnessing collaborations between agricultural cooperatives and micronutrient manufacturers to enhance product accessibility. The focus on organic farming and environmental sustainability is expected to further drive demand for micronutrients in the coming years.

    Asia-Pacific : Emerging Market Potential

    Asia-Pacific is witnessing rapid growth in the agricultural micronutrients market, holding approximately 20% of the global share. The region's demand is driven by increasing population, rising food security concerns, and the need for enhanced crop yields. Countries like India and China are at the forefront, implementing policies to promote the use of micronutrients in agriculture to improve soil health and productivity. The competitive landscape in Asia-Pacific is evolving, with local and international players like Yara International and Haifa Group expanding their presence. The region is characterized by a diverse agricultural landscape, leading to varied micronutrient requirements. Government initiatives aimed at promoting sustainable farming practices are expected to further boost market growth, making it a key area for investment and innovation in the agricultural sector.

    Middle East and Africa : Resource-Rich Agricultural Frontier

    The Middle East and Africa region is emerging as a significant market for agricultural micronutrients, accounting for approximately 10% of the global share. The growth is driven by increasing agricultural activities, particularly in countries like South Africa and Egypt, where there is a strong focus on improving crop yields and soil fertility. The region's arid climate necessitates the use of micronutrients to enhance agricultural productivity and ensure food security. The competitive landscape in this region is marked by the presence of both local and international players, including Nufarm Limited and Solvay S.A. The market is characterized by a growing awareness of the benefits of micronutrients among farmers, leading to increased adoption. Government initiatives aimed at promoting sustainable agricultural practices are also contributing to the growth of the micronutrient market, making it a promising area for future investments.

    Agricultural Micronutrients Market Regional Image

    Key Players and Competitive Insights

    The Agricultural Micronutrients Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for high-yield crops and sustainable farming practices. Key players such as Yara International (NO), Nutrien (CA), and The Mosaic Company (US) are strategically positioning themselves through innovation and regional expansion. Yara International (NO) focuses on enhancing its product portfolio with advanced micronutrient solutions, while Nutrien (CA) emphasizes digital transformation to optimize agricultural inputs. The Mosaic Company (US) is actively pursuing partnerships to strengthen its supply chain, collectively shaping a competitive environment that prioritizes sustainability and technological advancement.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. The market appears moderately fragmented, with several key players exerting significant influence. This structure allows for a diverse range of products and services, catering to various agricultural needs while fostering competition among established and emerging firms.

    In August 2025, Yara International (NO) announced a partnership with a leading agricultural technology firm to develop precision farming solutions that integrate micronutrient applications. This strategic move is likely to enhance Yara's market position by providing farmers with tailored solutions that optimize nutrient use efficiency, thereby promoting sustainable agricultural practices. Such innovations may also serve to differentiate Yara in a competitive market increasingly focused on environmental stewardship.

    In September 2025, Nutrien (CA) launched a new line of micronutrient fertilizers designed specifically for high-demand crops in North America. This initiative reflects Nutrien's commitment to meeting the evolving needs of farmers while leveraging its extensive distribution network. By focusing on crop-specific solutions, Nutrien aims to solidify its market presence and drive growth in a sector that is becoming more specialized.

    In July 2025, The Mosaic Company (US) expanded its operations in South America by acquiring a local micronutrient producer. This acquisition is indicative of Mosaic's strategy to enhance its footprint in emerging markets, where demand for micronutrients is on the rise. By integrating local expertise and resources, Mosaic is likely to improve its competitive edge and respond more effectively to regional agricultural challenges.

    As of October 2025, the Agricultural Micronutrients Market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence in agricultural practices. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technology, and supply chain reliability. This transition underscores the importance of developing advanced solutions that not only meet market demands but also contribute to sustainable agricultural practices.

    Key Companies in the Agricultural Micronutrients Market market include

    Industry Developments

    • Q2 2024: Yara International launches new micronutrient fertilizer line for sustainable agriculture Yara International announced the launch of a new range of micronutrient-enriched fertilizers designed to improve crop yields and support sustainable farming practices in key global markets.
    • Q1 2024: Nutrien partners with Indian agtech startup to expand micronutrient distribution Nutrien entered a strategic partnership with an Indian agtech firm to distribute advanced micronutrient products to smallholder farmers, aiming to boost crop productivity in South Asia.
    • Q2 2024: ICL Group opens new micronutrient production facility in Brazil ICL Group inaugurated a state-of-the-art manufacturing plant in Brazil to increase production capacity for agricultural micronutrients, targeting the growing Latin American market.
    • Q3 2024: BASF secures regulatory approval for new zinc-based micronutrient formulation in Europe BASF received EU regulatory clearance for its latest zinc-based micronutrient product, enabling commercial sales across major European agricultural markets.
    • Q2 2024: Compass Minerals launches boron micronutrient product for North American growers Compass Minerals introduced a new boron-based micronutrient solution tailored for North American crops, aiming to address widespread soil deficiencies and improve yields.
    • Q1 2025: Mosaic Company acquires micronutrient technology assets from startup MicroNutrient Solutions The Mosaic Company completed the acquisition of proprietary micronutrient technology from MicroNutrient Solutions, strengthening its portfolio of specialty crop nutrition products.
    • Q2 2025: Valagro announces partnership with Syngenta for global micronutrient product development Valagro and Syngenta entered a global partnership to co-develop and market innovative micronutrient solutions, leveraging Syngenta’s distribution network and Valagro’s R&D expertise.
    • Q3 2024: Nutrien appoints new VP of Micronutrient Business Unit Nutrien announced the appointment of a new Vice President to lead its Micronutrient Business Unit, signaling increased strategic focus on specialty crop nutrition.
    • Q2 2024: Haifa Group launches iron chelate micronutrient for greenhouse vegetable growers Haifa Group released a new iron chelate product designed for greenhouse vegetable production, aiming to address iron deficiency and improve crop quality.
    • Q1 2025: ADM signs supply contract for micronutrient-enriched fertilizers with major European retailer ADM secured a multi-year supply agreement to provide micronutrient-enriched fertilizers to a leading European agricultural retailer, expanding its market reach.
    • Q2 2025: Bayer Crop Science unveils new foliar micronutrient blend for cereal crops Bayer Crop Science launched a new foliar micronutrient blend targeting cereal crops, designed to enhance nutrient uptake and improve resistance to environmental stress.
    • Q3 2024: EuroChem opens R&D center for micronutrient innovation in Switzerland EuroChem inaugurated a research and development center in Switzerland focused on advancing micronutrient technologies for sustainable agriculture.

    Future Outlook

    Agricultural Micronutrients Market Future Outlook

    The Agricultural Micronutrients Market is poised for growth at a 6.97% CAGR from 2024 to 2035, driven by increasing crop yields, soil health awareness, and sustainable farming practices.

    New opportunities lie in:

    • Development of precision agriculture technologies for micronutrient application
    • Expansion of organic micronutrient product lines
    • Strategic partnerships with agritech firms for innovative solutions

    By 2035, the market is expected to achieve robust growth, reflecting evolving agricultural practices.

    Market Segmentation

    Agricultural Micronutrients Market Form Outlook

    • Chelated
    • Non-Chelated

    Agricultural Micronutrients Market Type Outlook

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

    Agricultural Micronutrients Market Crop Type Outlook

    • Cereals & Grains
    • Oilseeds & Pulses
    • Fruits & Vegetables

    Agricultural Micronutrients Market Mode of Application Outlook

    • Soil
    • Foliar
    • Fertigation

    Report Scope

    MARKET SIZE 20246.32(USD Billion)
    MARKET SIZE 20256.761(USD Billion)
    MARKET SIZE 203513.26(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.97% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIncreasing demand for sustainable agriculture drives innovation in Agricultural Micronutrients Market formulations and applications.
    Key Market DynamicsRising demand for sustainable agriculture drives innovation in agricultural micronutrient formulations and application technologies.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the projected market valuation of the Agricultural Micronutrients Market by 2035?

    The Agricultural Micronutrients Market is projected to reach a valuation of 13.26 USD Billion by 2035.

    What was the market valuation of the Agricultural Micronutrients Market in 2024?

    In 2024, the Agricultural Micronutrients Market was valued at 6.32 USD Billion.

    What is the expected CAGR for the Agricultural Micronutrients Market during the forecast period 2025 - 2035?

    The expected CAGR for the Agricultural Micronutrients Market during the forecast period 2025 - 2035 is 6.97%.

    Which segment of agricultural micronutrients is projected to have the highest growth in valuation?

    The Manganese segment is projected to grow from 1.62 USD Billion in 2024 to 3.26 USD Billion by 2035.

    What are the projected valuations for Chelated and Non-Chelated forms of agricultural micronutrients by 2035?

    By 2035, Chelated forms are projected to reach 5.38 USD Billion, while Non-Chelated forms may reach 7.88 USD Billion.

    Which crop type is expected to see significant growth in the Agricultural Micronutrients Market?

    The Fruits & Vegetables segment is expected to grow from 1.9 USD Billion in 2024 to 4.0 USD Billion by 2035.

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