The agricultural chelates market size has grown strongly in recent years. It will grow from $1.22 billion in 2024 to $1.32 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to soil quality concerns, rise in global population, increase in commercial agriculture, expansion of precision farming, growing awareness of crop nutrition.
The agricultural chelates market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to expansion of organic farming, climate change challenges, focus on sustainable agriculture, government support for precision agriculture, increasing investments in agtech. Major trends in the forecast period include technological innovations in chelate formulations, technological advancements in agriculture, rising adoption of precision agriculture, increased use of micronutrients in crop production, technological advancements in chelate production.
The anticipated increase in farm production expenditure is poised to drive the growth of the agriculture chelates market in the foreseeable future. Farm production expenditure encompasses the total amount spent by farms on various inputs and expenses related to agricultural production. Agricultural chelates, chemical compounds used in agriculture, play a vital role in improving the availability and uptake of essential minerals by plants. For example, in 2022, U.S. farms expended $195.5 billion on crop farms, as reported by the United States Department of Agriculture (USDA), a key government agency. This substantial investment in farm production expenditure serves as a significant driver for the agriculture chelates market.
The anticipated growth in crop production is expected to propel the agricultural chelates market in the coming years. Crop production involves the cultivation and harvesting of plants for food, fiber, and other agricultural products. Several factors drive the increase in crop production, including population growth, food security, and economic development. Coatings designed for gradual nutrient release ensure that plants receive essential elements such as nitrogen, phosphorus, and potassium throughout their growth cycle, thereby maximizing nutrient uptake and minimizing waste, which contributes to improved crop growth. Chelates play a vital role in enhancing photosynthesis by providing iron and other crucial micronutrients needed for chlorophyll production, directly influencing plant growth and crop yield. For example, in June 2024, the Department for Environment, Food & Rural Affairs, a UK government department, reported that in 2023, potatoes experienced the largest value increase among crop items, rising by £237 million ($296.25 million), or 30.8%, compared to 2022, totaling £1.0 billion ($1.26 billion) in 2023. Consequently, the rising crop production is a key driver of growth in the agricultural chelates market.
Product innovations are emerging as a central trend in the agricultural chelates market, with major companies actively developing innovative solutions to fortify their market positions. A noteworthy example is the initiative by Innospec Inc., a prominent US-based polyethylene wax producer. In August 2022, Innospec Inc. introduced ENVIOMET C, an environmentally friendly chelating agent designed for agricultural applications. This product stands out for its readily biodegradable nature, aiming to meet the demands of customers seeking chelating agents that deliver exceptional performance while minimizing environmental impact. ENVIOMET C reflects the industry's commitment to sustainability and addresses the growing preference for eco-friendly agricultural solutions.
In August 2022, Balchem Corporation, a US-based industrial gas company, acquired Cardinal Associates Inc (Bergstrom Nutrition) for an undisclosed amount. As a result of this acquisition, Bergstrom Nutrition, a biotech firm specializing in chelated minerals and human-grade choline supplements for nutrition and healthcare applications, is integrated into Balchem's Human Nutrition and Health business segment, specifically within the Minerals and Nutrients business unit. This strategic move demonstrates Balchem's commitment to expanding its portfolio and capabilities in the agricultural chelates market through the acquisition of a company with expertise in chelated minerals.
In January 2023, Nouryon, a Netherlands-based chemical manufacturing company, completed the acquisition of ADOB for an undisclosed amount. This acquisition reinforces Nouryon's diverse crop nutrition portfolio and underscores its commitment to the agriculture and food sector. The strategic move enables Nouryon to expand its range of services and product offerings, enhancing its competitive position in the market. ADOB, a Poland-based company, is a provider of chelated micronutrients, fertilizers, and other specialized agricultural solutions. The acquisition aligns with the industry's focus on expanding capabilities and offerings to meet the evolving needs of agriculture.
Major companies operating in the agricultural chelates market include Yara International ASA, Haifa Group, Nouryon Holding B.V., BASF SE, The Andersons Inc., Dow Inc., Nufarm Limited, ICL Group Ltd., Syngenta Group Co. Ltd., Aries Agro Limited, Akzo Nobel N.V., Valagro S.p.A., Deretil Agronutritional S.L., ATP Nutrition Ltd., Manvert S.L., BMS-Micronutrients NV, Mitsubishi Chemical Corporation, Innospec Inc., Shandong Iro Chelating Chemical Co. Ltd, Ava Chemicals Private Limited, Protex International, Agmin Chelates, COMPO EXPERT GmbH, LidoChem Inc., Andersons Plant Nutrient Group, CHS Inc., Wilbur-Ellis Holdings Inc., Van Iperen International B.V., ADOB Haifa Ltd., Aquapharm Chemical Pvt. Ltd.
Asia-Pacific was the largest region in the agricultural chelates market in 2024. Europe is expected to be the fastest-growing region in the global agriculture chelates market report during the forecast period. The regions covered in the agricultural chelates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agricultural chelates market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Agricultural chelates are fertilizers designed to contain essential micronutrients such as iron, zInc., manganese, and copper, crucial for the growth and productivity of plants. The utilization of chelated micronutrients has proven to be an effective method for enhancing both crop yields and quality.
The primary types of agricultural chelates include EDTA (ethylenediaminetetraacetic acid), EDDHA (ethylenediamine-'-bis (2-hydroxyphenyl acetic acid), DTPA (diethylenetriamine pentaacetate), IDHA (imidodisuccinic acid), and other variations. EDTA-based fertilizers, incorporating ethylenediaminetetraacetic acid as a chelating agent, contribute to improving the efficiency of nutrient absorption in plants. Various crop types benefit from agricultural chelates, including cereals and grains, oilseeds and pulses, fruits and vegetables, among others. These chelates find applications in diverse settings, such as soil, foliar, hydroponics, and other agricultural applications.
The agriculture chelates market research report is one of a series of new reports that provides agriculture chelates market statistics, including agriculture chelates industry global market size, regional shares, competitors with agriculture chelates market share, detailed agriculture chelates market segments, market trends, and opportunities, and any further data you may need to thrive in the agriculture chelates industry. This agriculture chelates market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural chelates market consists of sales of chelated fertilizers containing micronutrients. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The agricultural chelates market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to expansion of organic farming, climate change challenges, focus on sustainable agriculture, government support for precision agriculture, increasing investments in agtech. Major trends in the forecast period include technological innovations in chelate formulations, technological advancements in agriculture, rising adoption of precision agriculture, increased use of micronutrients in crop production, technological advancements in chelate production.
The anticipated increase in farm production expenditure is poised to drive the growth of the agriculture chelates market in the foreseeable future. Farm production expenditure encompasses the total amount spent by farms on various inputs and expenses related to agricultural production. Agricultural chelates, chemical compounds used in agriculture, play a vital role in improving the availability and uptake of essential minerals by plants. For example, in 2022, U.S. farms expended $195.5 billion on crop farms, as reported by the United States Department of Agriculture (USDA), a key government agency. This substantial investment in farm production expenditure serves as a significant driver for the agriculture chelates market.
The anticipated growth in crop production is expected to propel the agricultural chelates market in the coming years. Crop production involves the cultivation and harvesting of plants for food, fiber, and other agricultural products. Several factors drive the increase in crop production, including population growth, food security, and economic development. Coatings designed for gradual nutrient release ensure that plants receive essential elements such as nitrogen, phosphorus, and potassium throughout their growth cycle, thereby maximizing nutrient uptake and minimizing waste, which contributes to improved crop growth. Chelates play a vital role in enhancing photosynthesis by providing iron and other crucial micronutrients needed for chlorophyll production, directly influencing plant growth and crop yield. For example, in June 2024, the Department for Environment, Food & Rural Affairs, a UK government department, reported that in 2023, potatoes experienced the largest value increase among crop items, rising by £237 million ($296.25 million), or 30.8%, compared to 2022, totaling £1.0 billion ($1.26 billion) in 2023. Consequently, the rising crop production is a key driver of growth in the agricultural chelates market.
Product innovations are emerging as a central trend in the agricultural chelates market, with major companies actively developing innovative solutions to fortify their market positions. A noteworthy example is the initiative by Innospec Inc., a prominent US-based polyethylene wax producer. In August 2022, Innospec Inc. introduced ENVIOMET C, an environmentally friendly chelating agent designed for agricultural applications. This product stands out for its readily biodegradable nature, aiming to meet the demands of customers seeking chelating agents that deliver exceptional performance while minimizing environmental impact. ENVIOMET C reflects the industry's commitment to sustainability and addresses the growing preference for eco-friendly agricultural solutions.
In August 2022, Balchem Corporation, a US-based industrial gas company, acquired Cardinal Associates Inc (Bergstrom Nutrition) for an undisclosed amount. As a result of this acquisition, Bergstrom Nutrition, a biotech firm specializing in chelated minerals and human-grade choline supplements for nutrition and healthcare applications, is integrated into Balchem's Human Nutrition and Health business segment, specifically within the Minerals and Nutrients business unit. This strategic move demonstrates Balchem's commitment to expanding its portfolio and capabilities in the agricultural chelates market through the acquisition of a company with expertise in chelated minerals.
In January 2023, Nouryon, a Netherlands-based chemical manufacturing company, completed the acquisition of ADOB for an undisclosed amount. This acquisition reinforces Nouryon's diverse crop nutrition portfolio and underscores its commitment to the agriculture and food sector. The strategic move enables Nouryon to expand its range of services and product offerings, enhancing its competitive position in the market. ADOB, a Poland-based company, is a provider of chelated micronutrients, fertilizers, and other specialized agricultural solutions. The acquisition aligns with the industry's focus on expanding capabilities and offerings to meet the evolving needs of agriculture.
Major companies operating in the agricultural chelates market include Yara International ASA, Haifa Group, Nouryon Holding B.V., BASF SE, The Andersons Inc., Dow Inc., Nufarm Limited, ICL Group Ltd., Syngenta Group Co. Ltd., Aries Agro Limited, Akzo Nobel N.V., Valagro S.p.A., Deretil Agronutritional S.L., ATP Nutrition Ltd., Manvert S.L., BMS-Micronutrients NV, Mitsubishi Chemical Corporation, Innospec Inc., Shandong Iro Chelating Chemical Co. Ltd, Ava Chemicals Private Limited, Protex International, Agmin Chelates, COMPO EXPERT GmbH, LidoChem Inc., Andersons Plant Nutrient Group, CHS Inc., Wilbur-Ellis Holdings Inc., Van Iperen International B.V., ADOB Haifa Ltd., Aquapharm Chemical Pvt. Ltd.
Asia-Pacific was the largest region in the agricultural chelates market in 2024. Europe is expected to be the fastest-growing region in the global agriculture chelates market report during the forecast period. The regions covered in the agricultural chelates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agricultural chelates market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Agricultural chelates are fertilizers designed to contain essential micronutrients such as iron, zInc., manganese, and copper, crucial for the growth and productivity of plants. The utilization of chelated micronutrients has proven to be an effective method for enhancing both crop yields and quality.
The primary types of agricultural chelates include EDTA (ethylenediaminetetraacetic acid), EDDHA (ethylenediamine-'-bis (2-hydroxyphenyl acetic acid), DTPA (diethylenetriamine pentaacetate), IDHA (imidodisuccinic acid), and other variations. EDTA-based fertilizers, incorporating ethylenediaminetetraacetic acid as a chelating agent, contribute to improving the efficiency of nutrient absorption in plants. Various crop types benefit from agricultural chelates, including cereals and grains, oilseeds and pulses, fruits and vegetables, among others. These chelates find applications in diverse settings, such as soil, foliar, hydroponics, and other agricultural applications.
The agriculture chelates market research report is one of a series of new reports that provides agriculture chelates market statistics, including agriculture chelates industry global market size, regional shares, competitors with agriculture chelates market share, detailed agriculture chelates market segments, market trends, and opportunities, and any further data you may need to thrive in the agriculture chelates industry. This agriculture chelates market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural chelates market consists of sales of chelated fertilizers containing micronutrients. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Agricultural Chelates Market Characteristics3. Agricultural Chelates Market Trends and Strategies4. Agricultural Chelates Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Agricultural Chelates Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Agricultural Chelates Market34. Recent Developments in the Agricultural Chelates Market
5. Global Agricultural Chelates Growth Analysis and Strategic Analysis Framework
6. Agricultural Chelates Market Segmentation
7. Agricultural Chelates Market Regional and Country Analysis
8. Asia-Pacific Agricultural Chelates Market
9. China Agricultural Chelates Market
10. India Agricultural Chelates Market
11. Japan Agricultural Chelates Market
12. Australia Agricultural Chelates Market
13. Indonesia Agricultural Chelates Market
14. South Korea Agricultural Chelates Market
15. Western Europe Agricultural Chelates Market
16. UK Agricultural Chelates Market
17. Germany Agricultural Chelates Market
18. France Agricultural Chelates Market
19. Italy Agricultural Chelates Market
20. Spain Agricultural Chelates Market
21. Eastern Europe Agricultural Chelates Market
22. Russia Agricultural Chelates Market
23. North America Agricultural Chelates Market
24. USA Agricultural Chelates Market
25. Canada Agricultural Chelates Market
26. South America Agricultural Chelates Market
27. Brazil Agricultural Chelates Market
28. Middle East Agricultural Chelates Market
29. Africa Agricultural Chelates Market
30. Agricultural Chelates Market Competitive Landscape and Company Profiles
31. Agricultural Chelates Market Other Major and Innovative Companies
35. Agricultural Chelates Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Agricultural Chelates Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on agricultural chelates market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for agricultural chelates? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The agricultural chelates market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: EDTA (Ethylenediaminetetraacetic Acid); EDDHA (Ethylenediamine-N,N′-bis (2-Hydroxyphenylacetic Acid); DTPA (Diethylenetriamine Pentaacetate); IDHA (Imidodisuccinic Acid); Other Types2) By Crop Type: Cereals and Grains; Oilseeds and Pulses; Fruits and Vegetable; Other Crop Types
3) By Application: Soil; Foliar; Hydroponics; Other Applications
Subsegments:
1) By EDTA (Ethylenediaminetetraacetic Acid): EDTA Calcium; EDTA Magnesium; EDTA Iron; EDTA Zinc2) By EDDHA (Ethylenediamine-N,N′-bis (2-Hydroxyphenylacetic Acid)): EDDHA Iron; EDDHA Calcium
3) By DTPA (Diethylenetriamine Pentaacetate): DTPA Iron; DTPA Calcium
4) By IDHA (Imidodisuccinic Acid): IDHA Iron; IDHA Calcium
5) By Other Types: Organic Chelates; Synthetic Chelates
Key Companies Mentioned: Yara International ASA; Haifa Group; Nouryon Holding B.V.; BASF SE; the Andersons Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Yara International ASA
- Haifa Group
- Nouryon Holding B.V.
- BASF SE
- The Andersons Inc.
- Dow Inc.
- Nufarm Limited
- ICL Group Ltd.
- Syngenta Group Co. Ltd.
- Aries Agro Limited
- Akzo Nobel N.V.
- Valagro S.p.A.
- Deretil Agronutritional S.L.
- ATP Nutrition Ltd.
- Manvert S.L.
- BMS-Micronutrients NV
- Mitsubishi Chemical Corporation
- Innospec Inc.
- Shandong Iro Chelating Chemical Co. Ltd
- Ava Chemicals Private Limited
- Protex International
- Agmin Chelates
- COMPO EXPERT GmbH
- LidoChem Inc.
- Andersons Plant Nutrient Group
- CHS Inc.
- Wilbur-Ellis Holdings Inc.
- Van Iperen International B.V.
- ADOB Haifa Ltd.
- Aquapharm Chemical Pvt. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 1.32 Billion |
| Forecasted Market Value ( USD | $ 1.78 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
