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Asia Pacific Crop Micronutrients Market Size, Share & Industry Trends Analysis Report By Form, By Application, By Crop Type, By Type, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 102 Pages
  • May 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615853
The Asia Pacific Crop Micronutrients Market is expected to witness market growth of 7.7% CAGR during the forecast period (2022-2028).

As organic matter decomposes, it becomes a reservoir for critical plant nutrients, continuously delivering these nutrients to the crop. This reservoir is particularly significant for anions like boron, which do not bond to soil particles and hence are susceptible to lose. Micronutrient deficits are unusual in soils that receive frequent additions of organic wastes such as manures. Deficits induced by nutrient imbalances, such as a manganese deficit caused by an overabundance of phosphorus in too manured soils, are an exception. Very high organic matter soils, like muck or peat soils, are another exception. Some micronutrients, particularly copper, manganese, and zinc, can become inaccessible in these soils due to high natural chelation (the combining of a micronutrient with an organic molecule).

Crop yields are steadily rising as a result of genetic enhancements in stress tolerance and disease resistance, as well as the incorporation of pest resistance characteristics and the usage of seed treatments and various crop protection products. This means that each harvest removes more micronutrients from the soil. Due to this, it becomes highly important for the farmers to add micronutrients to the soil again for better yield.

India's economy is mostly based on agriculture. While agriculture is expected to account for little over 17% of the US$2.6 trillion economies, it employs more than 60% of the people. For the past several years, India has essentially attained self-sufficiency in food grain production, producing robust and rapid economic growth, and this trend is likely to continue in the future. With the highest arable land area (60.44 percent) of an anticipated 179.8 million hectares and different agro-climatic conditions that support the development of numerous commodities, the country has distinct competitive advantages. In India's economy, politics, and society, the agriculture sector is extremely important.

India ranks among the top countries in terms of output volume for a variety of commodities such as rice, cotton, dairy, fruits, vegetables, meat, and seafood, but due to a lack of storage infrastructure, the country only has access to 60% of the products, resulting in a 40% loss. These losses are estimated to be about $13 billion per year.

The China market dominated the Asia Pacific Crop Micronutrients Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $1,135.3 million by 2028. The Japan market is poised to grow at a CAGR of 7% during (2022 - 2028). Additionally, The India market is expected to display a CAGR of 8.4% during (2022 - 2028).

Based on Form, the market is segmented into Chelated and Non-Chelated. Based on Application, the market is segmented into Soil, Foliar, Fertigation, and Others. Based on Crop Type, the market is segmented into Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables, and Others. Based on Type, the market is segmented into Copper, Zinc, Boron, Iron, Manganese, Molybdenum, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Compass Minerals International, Inc., The Mosaic Company, Nutrien Limited, DuPont de Nemours, Inc., Akzo Nobel N.V., Aries Agro Limited, Yara International ASA, Baicor, LLC, and Western Nutrients Corporation.

Scope of the Study


Market Segments Covered in the Report:


By Form

  • Chelated
  • Non-Chelated

By Application

  • Soil
  • Foliar
  • Fertigation
  • Others

By Crop Type

  • Cereals & Grains
  • Pulses & Oilseeds
  • Fruits & Vegetables
  • Others

By Type

  • Copper
  • Zinc
  • Boron
  • Iron
  • Manganese
  • Molybdenum
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:

  • BASF SE
  • Compass Minerals International, Inc.
  • The Mosaic Company
  • Nutrien Limited
  • DuPont de Nemours, Inc.
  • Akzo Nobel N.V.
  • Aries Agro Limited
  • Yara International ASA
  • Baicor, LLC
  • Western Nutrients Corporation

Unique Offerings from KBV Research

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Crop Micronutrients Market, by Form
1.4.2 Asia Pacific Crop Micronutrients Market, by Application
1.4.3 Asia Pacific Crop Micronutrients Market, by Crop Type
1.4.4 Asia Pacific Crop Micronutrients Market, by Type
1.4.5 Asia Pacific Crop Micronutrients Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Crop Micronutrients Market
Chapter 4. Asia Pacific Crop Micronutrients Market by Form
4.1 Asia Pacific Chelated Market by Country
4.2 Asia Pacific Non-Chelated Market by Country
Chapter 5. Asia Pacific Crop Micronutrients Market by Application
5.1 Asia Pacific Soil Market by Country
5.2 Asia Pacific Foliar Market by Country
5.3 Asia Pacific Fertigation Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Crop Micronutrients Market by Crop Type
6.1 Asia Pacific Cereals & Grains Market by Country
6.2 Asia Pacific Pulses & Oilseeds Market by Country
6.3 Asia Pacific Fruits & Vegetables Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Crop Micronutrients Market by Type
7.1 Asia Pacific Copper Market by Country
7.2 Asia Pacific Zinc Market by Country
7.3 Asia Pacific Boron Market by Country
7.4 Asia Pacific Iron Market by Country
7.5 Asia Pacific Manganese Market by Country
7.6 Asia Pacific Molybdenum Market by Country
7.7 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Crop Micronutrients Market by Country
8.1 China Crop Micronutrients Market
8.1.1 China Crop Micronutrients Market by Form
8.1.2 China Crop Micronutrients Market by Application
8.1.3 China Crop Micronutrients Market by Crop Type
8.1.4 China Crop Micronutrients Market by Type
8.2 Japan Crop Micronutrients Market
8.2.1 Japan Crop Micronutrients Market by Form
8.2.2 Japan Crop Micronutrients Market by Application
8.2.3 Japan Crop Micronutrients Market by Crop Type
8.2.4 Japan Crop Micronutrients Market by Type
8.3 India Crop Micronutrients Market
8.3.1 India Crop Micronutrients Market by Form
8.3.2 India Crop Micronutrients Market by Application
8.3.3 India Crop Micronutrients Market by Crop Type
8.3.4 India Crop Micronutrients Market by Type
8.4 South Korea Crop Micronutrients Market
8.4.1 South Korea Crop Micronutrients Market by Form
8.4.2 South Korea Crop Micronutrients Market by Application
8.4.3 South Korea Crop Micronutrients Market by Crop Type
8.4.4 South Korea Crop Micronutrients Market by Type
8.5 Singapore Crop Micronutrients Market
8.5.1 Singapore Crop Micronutrients Market by Form
8.5.2 Singapore Crop Micronutrients Market by Application
8.5.3 Singapore Crop Micronutrients Market by Crop Type
8.5.4 Singapore Crop Micronutrients Market by Type
8.6 Malaysia Crop Micronutrients Market
8.6.1 Malaysia Crop Micronutrients Market by Form
8.6.2 Malaysia Crop Micronutrients Market by Application
8.6.3 Malaysia Crop Micronutrients Market by Crop Type
8.6.4 Malaysia Crop Micronutrients Market by Type
8.7 Rest of Asia Pacific Crop Micronutrients Market
8.7.1 Rest of Asia Pacific Crop Micronutrients Market by Form
8.7.2 Rest of Asia Pacific Crop Micronutrients Market by Application
8.7.3 Rest of Asia Pacific Crop Micronutrients Market by Crop Type
8.7.4 Rest of Asia Pacific Crop Micronutrients Market by Type
Chapter 9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.2 Compass Minerals International, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product Launches and Product Expansions:
9.2.4.2 Acquisition and Mergers:
9.3 The Mosaic Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.4 Nutrien Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Acquisition and Mergers:
9.5 DuPont de Nemours, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.6 Akzo Nobel N.V.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.7 Aries Agro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expenses
9.8 Yara International ASA
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.9 Baicor, LLC
9.9.1 Company Overview
9.10. Western Nutrients Corporation
9.10.1 Company Overview

Companies Mentioned

  • BASF SE
  • Compass Minerals International, Inc.
  • The Mosaic Company
  • Nutrien Limited
  • DuPont de Nemours, Inc.
  • Akzo Nobel N.V.
  • Aries Agro Limited
  • Yara International ASA
  • Baicor, LLC
  • Western Nutrients Corporation

Methodology

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