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Agricultural Micronutrients Market

Agricultural Micronutrients Market

The market for Agricultural Micronutrients was estimated at $5.1 billion in 2024; it is anticipated to increase to $7.6 billion by 2030, with projections indicating growth to around $10.6 billion by 2035.

Report ID:DS1305009
Author:Vineet Pandey - Business Consultant
Published Date:October 2025
Datatree
Chemicals & Materials
Agrochemicals
Agricultural Micronutrients
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Report Summary
Table of Contents
Methodology
Market Data

Global Agricultural Micronutrients Market Outlook

Revenue, 2024

$5.1B

Forecast, 2034

$9.9B

CAGR, 2024 - 2034

6.9%
The Agricultural Micronutrients industry revenue is expected to be around $5.5 billion in 2025 and expected to showcase growth with 6.9% CAGR between 2025 and 2034. Its strategic integration aligns closely with the rising need for high yield crops globally. Plays a crucial role, in promoting sustainable agriculture practices.

Agricultural micronutrients consist trace elements like zinc and copper that play a crucial role in the healthy growth and productivity balance, in different crop varieties amid the evolving agricultural landscape affected by extreme weather patterns and soil quality issues.

Agricultural Micronutrients market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • The Agricultural Micronutrients market is projected to grow from $5.1 billion in 2024 to $9.9 billion in 2034. This represents a CAGR of 6.9%, reflecting rising demand across Soil Fertilization, Crop Biofortification and Hydroponics.

  • BASF SE, Yara International, Land O'Lakes are among the leading players in this market, shaping its competitive landscape.

  • U.S. and China are the top markets within the Agricultural Micronutrients market and are expected to observe the growth CAGR of 4.5% to 6.6% between 2024 and 2030.
  • Emerging markets including Vietnam, Kenya and Colombia are expected to observe highest growth with CAGR ranging between 7.9% to 9.5%.

  • Transition like Shift towards Organic Farming Practices is expected to add $700.0 million to the Agricultural Micronutrients market growth by 2030

  • The Agricultural Micronutrients market is set to add $4.8 billion between 2024 and 2034, with manufacturer targeting Fruits & Vegetables & Oilseeds & Pulses Crop Type projected to gain a larger market share.
  • With Increasing awareness about plant nutrient deficiencies, and Technological advancements in agricultural practices, Agricultural Micronutrients market to expand 95% between 2024 and 2034.
agricultural micronutrients market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Agricultural Micronutrients

An important development in the field is the enrichment of crops through biofortification. A method that boosts their content by incorporating micronutrients. This innovative approach has the potential to revolutionize the Agricultural Micronutrients industry by combating malnutrition and increasing the worth of crops Consequently it presents an enticing prospect, for enterprises operating in this sector.

Growth Opportunities in North America and Asia Pacific

North America Outlook

In North America's Agricultural Micronutrients market is thriving thanks to farming methods and farmers deep understanding about the significance micronutrients hold in agriculture practices. The competitive landscape shaped by industry players fuels innovation and development in the sector. Opportunities abound in the region primarily due, to escalating soil deficiencies plaguing lands.

Asia Pacific Outlook

The Agricultural Micronutrients market in the Asia Pacific region is flourishing due to the rising need for crop output quality. Competition is varied in this area with a mix of local competitors. Opportunities are expanding here owing to the agricultural industries in countries such, as India and China and the rising popularity of contract farming.

Market Dynamics and Supply Chain

01

Driver: Increasing Awareness About Plant Nutrient Deficiencies, and Rising Demand for Biofortified Crops

Farmers are also increasingly recognizing the significance that micronutrients play in promoting the growth and well being​ ​of plants, whichs a key factor driving the Agricultural Micronutrients market forward​. They are also utilizing micronutrients regularly to safeguard against and address plant ailments, as well as to boost crop output and quality. The increasing need for crops due to their rich nutritional value is also a key factor driving the market forward. Agricultural micronutrients are also essential in the biofortification process and contribute to the growth, in demand.
Progress in technology like precision farming and hydroponics is also driving a growing need for micronutrients in the market as these methods aim to supply plants, with specific amounts and types nutrients for optimal growth.
02

Restraint: Lack of Awareness Among Farmers

One major obstacle hindering the expansion of the Agricultural Micronutrients industry is the knowledge among farmers in emerging and underdeveloped countries. Many farmers in these regions are not well informed about the significance and proper application methods for micronutrients despite their role in crop health and yield. This lack of awareness could result in either excessive nutrient supply, to crops leading to an imbalance that negatively impacts farm productivity and output thus impeding overall market progress.
03

Opportunity: Precision Farming

The paced progress in agricultural technology has led to the emergence of precision farming—a technique that harnesses information technology and data to guarantee that crops and soil get precisely what they require for optimal health and productivity. Integrating micronutrients into precision farming is an relatively uncharted territory yet it presents a promising prospect, in the Agricultural Micronutrients industry. Ensuring the delivery of micronutrients could substantially boost yields leading to improved productivity and sustainability.
04

Challenge: Limited Soil Bioavailability and Nutrient Uptake Efficiency

One of the key challenges for industry players in the agricultural micronutrients market is the poor bioavailability of micronutrients in different soil types, especially in alkaline and calcareous soils. Even when micronutrient fertilizers are applied, a large portion often becomes insoluble or unavailable to plants due to soil pH, organic matter interactions, and chemical fixation. This reduces crop response rates and discourages farmer adoption of premium formulations. Manufacturers are therefore under constant pressure to innovate chelated and nano-based delivery systems that enhance nutrient solubility, mobility, and uptake efficiency without substantially increasing production costs.

Supply Chain Landscape

1
Raw Material Procurement

Yara International

FMC Corporation

2
Formulation & Production

AkzoNobel

BASF SE

3
Distribution

Nutrien Ltd.

The Mosaic Company

4
End-User Applications

Crop Production

Horticulture

Floriculture

*The illustration highlights the key stakeholders within the supply chain ecosystem.

Applications of Agricultural Micronutrients in Soil Fertilization, Crop Biofortification & Hydroponics

Soil Fertilization

Agricultural micronutrients are widely utilized in soil fertilization as they play a role in promoting plant growth by supplying necessary nutrients for growth and improving crop yield and quality. They offer a benefit by addressing nutrient deficiencies in soil and supporting sustainable farming practices. Industry players such, as BASF SE and Yara International significantly influence this field.

Crop Biofortification

Micronutrients are also utilized in crop biofortification to enhance the value in crops and offer health benefits to consumers by addressing micronutrient deficiencies in populations relying heavily on staple crops, like corn and wheat. Prominent companies engaged in this sector include Nutrien Ltd and Mosaic Company.

Hydroponics

Micronutrient use in hydroponics is becoming more popular due to the increased interest in farming practices these days. It helps plants get the nutrients even without soil. An interesting benefit is that it enhances absorption efficiency in plants for quicker growth and higher yields within a controlled setup. Big players such as Haifa Group and Agrium Inc are leading the way, in hydroponics industry.

Recent Developments

December 2024

NutriTech Corporation launched a micronutrient fertilizers aimed at boosting crop production and enhancing disease resistance.

November 2024

GreenGrow Industries introduced their product range called MicroBoost designed to improve the absorption process for micronutrients, in plants.

October 2024

AgriLife Solutions unveiled a technology that enhances the efficient supply micronutrients to plants while cutting down on waste and expenses.

The latest advancements in the field Agricultural Micronutrients show a trend driven by the growing recognition for the importance for providing plants with balanced nutrition. Specifically focusing on the use techniques like Nanotechnology to effectively and accurately supply micronutrients to crops has become more prevalent, in the market lately.

Impact of Industry Transitions on the Agricultural Micronutrients Market

As a core segment of the Agrochemicals industry, the Agricultural Micronutrients market develops in line with broader industry shifts. Over recent years, transitions such as Shift towards Organic Farming Practices and Advancements in Agritech have redefined priorities across the Agrochemicals sector, influencing how the Agricultural Micronutrients market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Shift towards Organic Farming Practices

The market for micronutrients is going through a notable change as farmers all over the world are moving towards more sustainable and organic farming methods. The recognition about the impact caused by synthetic fertilizers is increasing and this has resulted in a greater need for organic micronutrients that boost crop health without causing harm to the environment. Given the importance micronutrients hold in maintaining plant health they are crucial, in farming practices and contribute significantly to the markets growth overall. This industry transition is expected to add $700 million in the industry revenue between 2024 and 2030.
02

Advancements in Agritech

Advances in technology, within the sector known as agritech are changing the landscape for agricultural micronutrients.

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