The global agricultural micronutrients market is expected to witness significant growth, projected to expand from USD 5.39 billion in 2025 to USD 8.19 billion by 2030, registering a compound annual growth rate (CAGR) of 8.6% during the forecast period. The growth is primarily driven by the increasing focus on delivering balanced nutrition to crops and the growing adoption of science-backed agronomic practices worldwide.
The rising demand for micronutrients that enhance crop yield, improve nutrient uptake efficiency, and strengthen crop resilience against insects, diseases, and climatic stress is playing a crucial role in market expansion. These micronutrients are widely applied across various crop categories, including cereals & grains, fruits & vegetables, oilseeds & pulses, and other crop types, supporting improved agricultural productivity and crop quality.
Growing Awareness of Soil Nutrient Deficiencies Driving Market Expansion
The agricultural micronutrients market is experiencing steady growth as farmers and growers increasingly recognize the importance of balanced crop nutrition. Growing awareness about micronutrient deficiencies in soil, combined with the rapid adoption of modern farming technologies, has accelerated the use of micronutrient solutions in major crop cultivation. These solutions are essential in optimizing plant health, improving productivity, and ensuring sustainable agricultural output.
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Molybdenum Segment Expected to Lead by Type
Based on type, the molybdenum segment is anticipated to dominate the agricultural micronutrients market. Molybdenum plays a vital role in nitrogen fixation and enzyme activity, particularly in legume and cereal crops. The increasing need to address soil nutrient deficiencies and improve nitrogen utilization efficiency is driving the adoption of molybdenum-based micronutrient solutions across global agricultural practices.
Fruits & Vegetables Segment to Witness Strong Growth
By crop type, the fruits & vegetables segment is projected to register robust growth during the forecast period. Horticultural crops are highly responsive to micronutrient treatments and require precise nutrient management to enhance product quality, shelf life, and visual appeal. The growing global demand for high-quality horticultural produce is expected to further accelerate the adoption of micronutrient solutions in this segment.
Foliar Application Segment Poised to Lead by Mode of Application
Based on mode of application, the foliar application segment is expected to hold a leading position in the agricultural micronutrients market. Foliar application allows rapid nutrient absorption, targeted delivery, and efficient correction of micronutrient deficiencies. Its effectiveness across a wide range of crops and growing conditions continues to drive its widespread adoption among farmers and agricultural professionals.
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Asia-Pacific Expected to Dominate the Global Market
Regionally, the Asia-Pacific region is projected to dominate the agricultural micronutrients market. The region’s extensive agricultural base, high cropping intensity, and increasing awareness regarding soil micronutrient deficiencies are key factors driving growth. Additionally, government initiatives promoting advanced farming practices, sustainable agriculture, and improved soil health management are expected to boost demand for micronutrient-based crop nutrition solutions across Asia-Pacific.
Leading Agricultural Micronutrients Companies:
The key players in the market include BASF SE (Germany), Yara International ASA (Norway), Nouryon (Netherlands), Syngenta AG (Switzerland), The Mosaic Company (US), Coromandel International Limited (India), Nufarm Limited (Australia), Haifa Negev Technologies Ltd (Israel), Manvert (Spain), and Zuari Agrochemicals Ltd (India).
Related Reports:
- North America Agriculture Micronutrients Market
- Europe Agriculture Micronutrients Market
- Asia-Pacific Agriculture Micronutrients Market
- Zinc Agriculture Micronutrients Market
- Chelated Agriculture Micronutrients Market
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