New York, Global Crop Micronutrients Market from Global Insight Services is the only authoritative source for intelligence on the Crop Micronutrients Market. The report will provide you with an analysis of the impact of the latest market disruptions such as the Russo-Ukrainian War and Covid-19 on the market. The report provides a qualitative analysis of the market using various frameworks such as Porters Analysis and PESTLE. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographic regions. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as mergers and acquisitions activities in the market.
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Crop micronutrients are nutrients that are required in small quantities by plants and are typically found in soil. They include iron, manganese, copper, zinc, boron, and molybdenum. Micronutrients are essential for plant growth and play a role in several plant processes, such as photosynthesis, respiration, and nitrogen fixation. While most plants can obtain the majority of their micronutrients from the soil, some crops, such as rice and wheat, are particularly susceptible to micronutrient deficiencies. This can lead to reduced yields and poor quality crops.
Key Trends
Crop micronutrients are essential nutrients that are required in small quantities for plant growth and development. Although they are required in small amounts, micronutrients play a vital role in plant nutrition and are essential for crop productivity.
The key drivers for this market growth are the increasing demand for food and the need for higher crop yields. In addition, the declining availability of arable land and the need for sustainable agricultural practices are also fuelling market growth.
The most common micronutrients used in agriculture are zinc, iron, manganese, and copper. Boron, molybdenum, and chloride are also used to a lesser extent. Micronutrients are applied to crops through various methods, including foliar application, fertigation, and seed treatment.
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Key Drivers
Crop micronutrients are essential for plant growth and play a vital role in plant nutrition. They are required in small amounts and are typically applied to soils in the form of fertilizers.
The use of micronutrients can help to increase crop yields, improve crop quality, and reduce the use of pesticides. Micronutrients are essential for plant growth and play a vital role in plant nutrition. They are required in small amounts and are typically applied to soils in the form of fertilizers.
The increasing demand for food is a result of the growing population and changing diets. The world population is projected to reach 9.7 billion by 2050, and the demand for food is expected to increase by 70%. The United Nations Food and Agriculture Organization (FAO) estimates that the world will need to produce 60% more food by 2050 to meet the demand. This increase in demand can be met by increasing agricultural productivity through the use of crop micronutrients.
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Market Segments
The global market for crop micronutrients is segmented by type, application, and region. By type, the market is segmented into zinc, iron, manganese and others. Based on application, the market is segmented into foliar application, fertigation, seed treatment, and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Crop Micronutrients Market includes players such as BASF SE, DowDuPont Inc., Nutrien Ltd, Corteva Agriscience, Yara International ASA, The Mosaic Company, Akzo Nobel N.V, Nouryon, Nufarm Ltd and Compass Minerals International.
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