Global Agricultural Micronutrients Market Trend

According to Renub Research Latest Report Global Agricultural Micronutrients Market was valued at USD 5.55 billion in 2024 and is projected to reach USD 10.86 billion by 2033, growing at a CAGR of 7.75% during 2025–2033. Growth is driven by increasing demand for high-yielding crops, soil nutrient deficiencies, and innovations in precision farming. Micronutrients enhance crop yield while supporting sustainable agricultural practices worldwide.

Market Outlook

Micronutrients are essential trace nutrients required by plants for growth, development, and productivity. They include zinc, boron, iron, manganese, copper, molybdenum, and chlorine, which are critical for metabolism, enzyme activity, and disease resistance.

Unlike macronutrients like nitrogen or phosphorus, micronutrients are needed in small quantities but are vital for maximizing crop yields and maintaining soil fertility. Their usage is rising globally due to soil nutrient depletion, intensive farming, climate change, and the push for high-quality crops.

Growth Drivers

Rising Soil Nutrient Deficiency

·        Nutrient depletion due to over-farming, chemical fertilizers, and soil erosion is increasing demand for micronutrients.

·        Essential elements like zinc, iron, and boron are increasingly supplemented to maintain soil health.

·        FAO predicts a 15% rise in demand for agricultural goods and an additional 150 million tons of cereals by 2028.

Increasing Use of Precision Farming

·        Precision agriculture includes soil analysis, data-driven nutrient management, and precise micronutrient application.

·        Smart irrigation and fertigation systems optimize nutrient delivery while reducing waste.

·        Example: March 2025, Krukowiak (Poland) and xFarm Technologies (Switzerland) partnered to enhance precision agriculture sustainability.

Growing Demand for Nutritious, High-Quality Crops

·        Consumers increasingly demand nutrient-dense, organic, and high-quality food.

·        Micronutrients improve crop nutritional value, taste, shelf life, and market value.

·        FAO and CIMMYT launched the VACS initiative (July 2024) to promote resilient, climate-adapted, and nutritious crops grown on healthy soils.

Market Challenges

High Cost & Limited Awareness

·        Small-scale farmers in developing regions may lack access or affordability for chelated micronutrients.

·        Awareness about proper usage is limited, leading to underutilization.

·        Governments are promoting subsidies, training programs, and awareness campaigns.

Regulatory Constraints & Environmental Issues

·        Diverse global regulations and approvals slow product launches.

·        Heavy metal contamination in some fertilizers drives stricter environmental standards.

·        Sustainable and eco-friendly micronutrient solutions are critical for long-term growth.

Market Segmentation

By Form

·        Chelated: High bioavailability, widely used in fruits, vegetables, and ornamentals.

·        Non-Chelated: Cost-effective and commonly used for staple crops.

By Crop Type

·        Fruits & Vegetables: Require balanced nutrition for growth, yield, and quality.

·        Cereals & Grains: Support staple crops globally.

·        Oilseeds & Pulses: Essential for protein and edible oil production.

·        Other Crops: Niche applications for specialty crops.

By Nutrient Type

·        Zinc: Enzyme activation, chlorophyll synthesis, crop resilience.

·        Boron: Root development, fruit set, flowering.

·        Iron: Photosynthesis and energy transfer.

·        Molybdenum: Nitrogen metabolism.

·        Manganese: Enzyme activation and disease resistance.

·        Others: Copper, chlorine, and trace elements.

By Application

·        Soil: Direct nutrient supplementation.

·        Foliar: Spray-based application for quick uptake.

·        Fertigation: Integrated with irrigation systems for precision nutrient delivery.

By Region

·        North America: United States, Canada

·        Europe: France, Germany, Italy, Spain, UK, Belgium, Netherlands, Turkey

·        Asia Pacific: China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand

·        Latin America: Brazil, Mexico, Argentina

·        Middle East & Africa: South Africa, Saudi Arabia, UAE

Regional Insights

USA

·        Advanced farming practices and high farmer awareness boost demand.

·        Government support for sustainable agriculture and precision farming enhances market growth.

·        Example: Feb 2024, Helena Agri-Enterprises expanded Zypro soil amendment applications, increasing corn yield by 5.8 bushels/acre.

France

·        Focus on viticulture, fruits, and cereals drives micronutrient usage.

·        Chelated micronutrients are preferred for high-quality crop production.

India

·        Rapid growth due to government subsidies, soil degradation, and high crop demand.

·        Initiatives like "100 Days Drone Yatra" (May 2023) promote drone-based micronutrient application.

Brazil

·        Large-scale cultivation of soybeans, coffee, and sugarcane requires nutrient supplementation.

·        Precision agriculture and commercial farming drive market expansion.

·        Example: Sept 2024, Elicit Plant launched EliZon, enhancing soybean resistance to water stress.

Market Applications

·        Chelated Micronutrients: High-value crops requiring optimal nutrient uptake.

·        Soil Micronutrients: Improve fertility and resistance to diseases.

·        Fertigation Micronutrients: Used in hydroponics, drip irrigation, and greenhouse cultivation.

·        Foliar Micronutrients: Quick uptake for immediate nutrient correction.

Key Companies

Companies have been analyzed by Overview, Key Person, Recent Developments, Product Portfolio, and Revenue:

·        BASF SE

·        Compass Minerals

·        Coromandel International

·        Deepak Fertilizers

·        Nouryon

·        Nufarm

·        Nutrien Ltd.

·        The Mosaic Company

·        Yara International

 👉 Want to explore detailed market trends, segment insights, and forecasts? 🔗 Request Free Sample Report:https://www.renub.com/request-sample-page.php?gturl=agricultural-micronutrients-market-p.php

Note: If you need details, data, or insights not covered in this report, we are glad to assist. Through our customization service, we will collect and deliver the information you require, tailored to your specific needs. Share your requirements with us, and we will update the report to align with your expectations.

About Renub Research

Renub Research is a Market Research and Consulting Company. We have more than 15 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

Contact Us:

Company Name: Renub Research

Contact Person: Rajat Gupta

Phone No: (D) +91-120-421-9822 (IND)

Email: rajat@renub.com