May 28, 2024

According to the latest report by IMARC Group, titled “Global Agricultural Chelates Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global agricultural chelates market size reached a value of US$ 614.8 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 927.3 Million by 2027, exhibiting a CAGR of 6.85% during 2022-2027.

Industry Overview and Application :

Agricultural chelates refer to organic molecules that can trap the metal ions like iron (Fe), magnesium (Mg), (Eu), cobalt (co), and zinc (Zn). They can be manufactured synthetically or occur organically as a product of decomposition such as lignosulphonates, sugar acids, lignin carboxylates, phenols, siderophores, and Phyto siderophores. They are economical and aid in increasing micronutrient stability, reducing the growth of plant pathogens and preventing loss of nutrients.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Agricultural Chelates Market Trends and Drivers:

One of the primary factors driving the market is the rising focus on agricultural development. Additionally, agricultural chelates assist in separating positive charge from micronutrients that can be conveniently translocated within plants and used in crops such as bush beans, citrus groves, cucumber and corn.

Along with this, the extensive utilization of these fertilizers increases micronutrient utilization efficiency as plant nutrients are one of the essential factors required for optimal crop growth and development. On account of these factors, the market is expected to create a positive market outlook in the near future.

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Agricultural Chelates Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 614.8 Million
Market forecast in 2027US$ 927.3 Million
Growth RateCAGR of 6.85% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027

Global Agricultural Chelates Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Akzo Nobel N.V., Aries Agro Ltd, BASF SE, Dow Inc., Haifa Negev Technologies Ltd., Mitsubishi Chemical Corporation, Nouryon, Nufarm Limited, Protex International SA, The Andersons Inc., Valagro (Syngenta AG), Van Iperen International B.V. and Yara International ASA.

The report has segmented the market on the basis of region, type, crop type and application.

Breakup by Type:
• Synthetic
o Others
• Organic
o Lignosulfonates
o Aminoacids
o Heptagluconates
o Others

Breakup by Crop Type:
• Grains and Cereals
• Pulses and Oilseeds
• Commercial Crops
• Fruits and Vegetables
• Turf and Ornamentals

Breakup by Application:
• Soil
• Foliar
• Fertigation
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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