Precision Farming Trends Fuel Agricultural Micronutrients Market Expansion

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The agricultural micronutrients market is experiencing rapid growth, driven by increasing global food demand, soil erosion, and the need for sustainable agriculture. Micronutrients such as zinc, boron, iron, and copper are critical for plant growth, thereby enhancing the quality of yield a

The global Agricultural Micronutrients market was valued at USD 7.7 billion in 2024 and is projected to reach USD 16.7 billion by the end of 2035. The market is expected to grow at a steady CAGR of 7.3% during the forecast period from 2025 to 2035. Growth is primarily driven by increasing soil nutrient deficiencies, rising demand for high-yield crops, expanding adoption of precision farming techniques, and the growing need to enhance crop quality and productivity to meet global food demand.

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Market dynamics are increasingly shaped by the global "Hidden Hunger" crisis, leading to a focus on bio-fortification. By enriching staple crops with essential micronutrients during the growth phase, farmers are improving not only yield volume but also the nutritional density of food, meeting both regulatory standards and consumer health demands.

Key Findings of the Market Report

  • Zinc remains the most dominant micronutrient segment, holding roughly 41% of the market share in 2024, due to its widespread deficiency in global soils and its vital role in protein synthesis.
  • Cereals & Grains represent the largest application category by crop type, as high-intensity farming of staples like rice and wheat necessitates intensive nutrient replacement.
  • Non-chelated micronutrients dominated the market volume in 2024, though chelated versions are growing rapidly in value due to their superior stability and uptake efficiency in alkaline soils.
  • Asia-Pacific held the leading regional share of 46.8% in 2025, fueled by the vast agricultural bases of China and India and government-led soil health initiatives.

Global Agricultural Micronutrients Market: Growth Drivers

  • Declining Soil Fertility: Decades of intensive monocropping have depleted natural trace minerals from soil, making micronutrient supplementation essential to prevent "yield plateaus."
  • Precision Farming Adoption: The integration of GPS-guided soil mapping and variable rate technology (VRT) allows for targeted micronutrient application, reducing waste and improving the ROI for farmers.
  • Expanding Horticulture Sector: High-value crops like fruits, nuts, and vegetables are more sensitive to micronutrient levels. The global increase in fruit and vegetable consumption is a primary driver for specialty nutrient demand.
  • Bio-fortification Initiatives: Governments, particularly in India and sub-Saharan Africa, are incentivizing the use of zinc and iron-fortified fertilizers to combat human malnutrition.

Global Agricultural Micronutrients Market: Regional Landscape

  • Asia-Pacific: This region is the primary engine for growth. China remains the largest consumer, while India is the fastest-growing market, supported by government subsidies for micronutrient-enriched fertilizers.
  • North America: Characterized by advanced infrastructure, growth here is driven by large-scale commercial farming and the rapid adoption of liquid and foliar application methods.
  • Europe: Driven by the "Farm to Fork" strategy, European markets are prioritizing environmentally friendly, chelated formulations that minimize nutrient leaching into groundwater.

Global Agricultural Micronutrients Market: Key Players

The competitive landscape is a mix of global diversified chemical giants and specialized mineral firms focusing on high-efficiency delivery systems.

  • BASF SE
  • Yara International ASA
  • The Mosaic Company
  • Nutrien Ltd.
  • Syngenta AG
  • Nouryon
  • Nufarm Limited
  • Coromandel International Limited
  • Haifa Group
  • Compass Minerals International, Inc.

Key Developments

  • January 2026: BASF launched a new range of biodegradable chelating agents designed to improve iron and manganese uptake while meeting the latest European environmental safety standards.
  • February 2025: The Mosaic Company entered into a strategic partnership with Sound Agriculture to distribute bio-inspired chemistry that enhances micronutrient efficiency across North American row crops.
  • 2025 Expansion: Coromandel International commissioned a new specialty nutrient facility in India to double its production of liquid-grade zinc and boron formulations.

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Global Agricultural Micronutrients Market: Segmentation

By Micronutrient Type

  • Zinc (Market Leader)
  • Boron
  • Iron
  • Manganese
  • Molybdenum
  • Copper
  • Others (Chlorine, Nickel)

By Form

  • Chelated (EDTA, EDDHA, HBED)
  • Non-Chelated

By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables (Fastest Growing)
  • Oilseeds & Pulses
  • Others (Turf & Ornamentals)

By Mode of Application

  • Soil (Dominant Method)
  • Foliar
  • Fertigation
  • Seed Treatment

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