Transparency Market Research Reports incorporated a
definite business overview and investigation inclines on "Micronutrients Market ". This
report likewise incorporates more illumination about fundamental review of the
business including definitions, requisitions and worldwide business sector
industry structure.
The human body needs nutrients in small quantities
which are very necessary for proper physiological functioning and growth. These
nutrients are known as micronutrients. Humans and other living organisms
require these micronutrients throughout their life span. Micronutrients are
also essential elements for growth of the plants and their productivity. Due to
extensive cropping the amount of micronutrients present in soil is drastically
decreased. Intensive use of chemicals and fertilizers results in less
productive soil. To fulfill basic need of micronutrients to substantial level
crops and plans are provided with some amount of micronutrients according to
their need.
By end users, fruits,
vegetable crops and cereals are the major areas of agricultural sector having
demand for micronutrients. Agricultural micronutrients find applications in
fertigation, foliar and soil etc. Soil application is most dominating one in global
market. Micronutrients can be applied in chelated form or non-chelated.
Non-chelated form is in demand with largest global share. Zinc was overall
dominating micronutrient. Some other micronutrients are boron, manganese,
molybdenum, copper, iron, cobalt, nickel and chlorine. Asia-Pacific is the
largest market for agricultural micronutrients followed by North America,
Europe and RoW. North America is still expected to grow in this market,
although at a lower growth rate than the rest of the regions.
One of the major driving
factors for this market is increasing deficiency of micronutrients in soil.
Industrialization is demanding more and more land resulting in shortage of land
for agriculture; hence need for more productivity. Increase in population leads
to demand for more cereals. Use of micronutrients in antiretroviral therapy for
HIV positive people is one of the future trends.
Agro-K Corporation, BASF
SE, Agrium Inc. Aries Agro Limited, Cheminova A/S, Bms Micro-Nutrients N.V.
Baicor L.C. Atp Nutrition, Deepak Fertilisers And Petrochemicals Corporation
Ltd, Coromandel International Ltd, Gujarat State Fertilizers & Chemicals
Ltd. and Micnelf Usa Inc. are some of the key players in this market.
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More Research Report on Pharmaceutical Market:
http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html
This research report analyzes this market depending
on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Download PDF: Global Micronutrients Market
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