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Agricultural Micronutrients Market to be at Forefront by 2027

Agricultural Micronutrients Market to be at Forefront by 2027<br>

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Agricultural Micronutrients Market to be at Forefront by 2027

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  1. ©2019 Transparency Market Research, All Rights Reserved Agricultural Micronutrients Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 - 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved Global Agricultural Micronutrients Market: Introduction • The global agricultural micronutrients market is expanding at a rapid pace owing to rising micronutrient deficiency of soil and increasing demand for biofuels. Furthermore, the increasing need for effective fertilizers led by poor soil quality and rising demand for high- quality and uniform yield are expected to drive the global agricultural micronutrients market during the forecast period. • Asia Pacific accounted for a leading share of the global agricultural micronutrients market in 2018, due to rise in investments in increasing soil efficiency by governments of various countries in the region including Indonesia, India, and Thailand ©2019 Transparency Market Research, All Rights Reserved

  3. ©2019 Transparency Market Research, All Rights Reserved Key Drivers of Global Agricultural Micronutrients Market • Micronutrient deficiencies in soil have been increasingly evident worldwide over the last few years, especially the deficiency of zinc and boron. Zinc deficiency is witnessed across the globe; however, it is more common in developing economies such as India, Brazil, and China. • According to the International Fertilizer Association (IFA), 50% of the world’s cereal crops are deficient in zinc, which is leading to poor crop yields. Decreased uptake of micronutrients due to interaction with other soil components and increased demand for high-yield crops are two major reasons for micronutrient deficiency. • In order to maintain the nutrient level in soil as well as crops, micronutrients play an important role. This, in turn, is expected to drive the global agricultural micronutrients market during the forecast period.

  4. ©2019 Transparency Market Research, All Rights Reserved Zinc Segment to Witness Attractive Opportunities • Among types, the zinc segment constituted a major share of the global agricultural micronutrients market in 2018. • The segment is anticipated to expand at a significant pace during the forecast period, as zinc helps improve the crop yield and it is economically beneficial for farmers owing to its low price. • The deficiency of zinc in soil reduces the productivity of soil.

  5. ©2019 Transparency Market Research, All Rights Reserved Key Players Operating in Global Market • BASF SE • DOW Chemical • Akzo Nobel N.V. • Agrium • Land O’lakes • Yara International • The Mosaic Company • Helena Chemical Company • Nufarm • Coromandel International • Haifa Chemicals • Sapec S.A.

  6. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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