The report “Micronutrient Market by Type (Zinc, Manganese, Boron, Copper, Molybdenum, Iron), Form (Chelated & Non Chelated), Application Mode (Soil, Foliar, Fertigation), Crop Type & Geography - Global Trends and Forecast to 2018” defines and segments the global agriculture micronutrients market with an analysis and forecasting of the global value and volume for agriculture micronutrients. It also identifies the driving and restraining factors for the global agriculture micronutrients market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the value is forecasted on the basis of major regions, namely, North America, Europe, APAC, and Rest of the World (ROW).
Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=968
Global demand for agriculture micronutrients has increased due to increased deficiency of micronutrients in soil and shrinkage in agricultural land. Micronutrients’ application in crops improves the crop quality and productivity. The micronutrient deficiency in plants cannot be identified easily and results in stunted growth or low productivity of crops. Micronutrient deficiency in soil has increased due to intensive agricultural practices, land degradation, and extensive use of macronutrient-based fertilizers. The global agriculture micronutrients market has shown tremendous growth over the last five years. Zinc, boron, and manganese held maximum share of the global agriculture micronutrients market in 2012.
The global agriculture micronutrients market in 2012 was led by APAC. Different modes of micronutrient applications are used by farmers, namely, soil application, foliar application, fertigation, seed treatment, and hydroponics. Soil application has the largest market share of 56% of the total application mode in the agriculture micronutrients market. Micronutrient availability in soil changes with the soil type, climate, cropping pattern, and agriculture techniques. The requirement of micronutrients depends on the type of soil and crop. Seed treatment and hydroponics are relatively new methodologies for farmers across the globe. The micronutrients can be applied in a chelated or non-chelated form. Non-chelated micronutrient form dominated the global market in 2012. Cereals, fruit, and vegetables consume the largest share of the agriculture micronutrients market.
Early buyers will receive 10% customization on this report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=968
The market was led by APAC in 2012, which was estimated to be $2,170.7 million in 2012 and is forecasted to grow at a CAGR of 8.3% from 2013 to 2018. North America is estimated to grow at a CAGR of 8.9% to reach $1,366.1 million by 2018. Europe is predicted to grow at a CAGR of 5.5% from 2013 to 2018 to reach $822.3 million by 2018. ROW is anticipated to grow at a CAGR of 8.2% from 2013 to 2018.
Browse related reports
Water Soluble Fertilizers Market by Types (Nitrogenous, Phosphatic, Potassic, Micronutrients), Applications, (Fertigation, Foliar Application), Crop Types (Field, Horticultural, Turf & Ornamentals) & Geography - Trends & Forecasts to 2018
Biostimulants Market by Active Ingredients (Humic Acid, Fulvic Acid, Amino Acid, Seaweed Extracts), Applications (Foliar, Soil & Seed), Crop Types (Row Crops, Fruit & Vegetable, Turf & Ornamental) & Geography - Global Trends & Forecasts To 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets