US Agricultural Micronutrients Market Size study, by Type, by Crop Type, by Form, by Mode of Application Forecasts 2022-2032

Description

List of Tables

US Agricultural Micronutrients Market is valued approximately USD 1.15 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 10.43% over the forecast period 2024-2032. Agricultural micronutrients are indispensable elements necessary for plants in tiny quantity to facilitate optimal growth and development. These micronutrients, encompassing zinc, iron, manganese, copper, boron, and molybdenum, play pivotal roles in various physiological processes within plants, including photosynthesis, enzyme activation, and nutrient absorption. Effective management of micronutrients is imperative for ensuring robust crop yields and preserving soil fertility in agricultural systems.. Trend such as soil nutrient depletion, increased awareness & educational initiatives about the importance of micronutrients, and governmental subsidies promoting their use help in further growth of the market during the forecast period 2024-2032.

In the United States, the total cultivated crop area amounted to 114.7 million hectares in 2021, that area is expected to increase during the forecast period 2024-2032. This projected growth is anticipated to drive an elevated utilization of micronutrient, thereby fostering expansion within the US Agricultural Micronutrients Market. The determination of micronutrient fertilizer usage in the US is influenced by a multifaceted array of factors, encompassing soil composition, crop system dynamics, local environmental conditions, and economic considerations. Moreover, the market is driven by several factors such as rising demand for high-quality and consistent agricultural output, as well as evolving farming methodologies and intensification practices including precision agriculture, reduced tillage, and the adoption of genetically modified crops. However, bioaccumulation of biodegradable chelates hindering nutrient uptake of crops and sustainable sourcing of raw materials faces challenges including supply chain disruptions and environmental impact can stifle market growth during the forecast period 2024-2032.

Major market player included in this report are:

Land O'Lakes, Inc
Helena Agri-Enterprises, LLC.
The Mosaic Company
Biovert S.L.U.
Stoller Enterprises, Inc.
Wilbur-Ellis Holdings, Inc.
Koch Agronomic Services, LLC.
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Type

Zinc
Boron
Iron
Molybdenum
Copper
Manganese
Other

By Crop Type

Fruits & Vegetables
Cereals & Grains
Oilseeds & Pulses
Others

By Form

Chelated
Non-Chelated

By Mode of Application

Soil
Foliar
Fertigation
Others

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. US Agricultural Micronutrient Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. US Agricultural Micronutrient Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
- 2.2.1. By Type
- 2.2.2. By Crop Type
- 2.2.3. By Form
- 2.2.4. By Mode of Application
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion

Chapter 3. US Agricultural Micronutrient Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. US Agricultural Micronutrient Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. US Agricultural Micronutrients Market Size & Forecasts by Type 2022-2032

5.1. Zinc
5.2. Boron
5.3. Iron
5.4. Molybdenum
5.5. Copper
5.6. Manganese
5.7. Other

Chapter 6. US Agricultural Micronutrients Market Size & Forecasts by Crop Type 2022-2032

6.1. Fruits & Vegetables
6.2. Cereals & Grains
6.3. Oilseeds & Pulses
6.4. Others

Chapter 7. US Agricultural Micronutrients Market Size & Forecasts by Form 2022-2032

7.1. Chelated
7.2. Non-Chelated

Chapter 8. US Agricultural Micronutrients Market Size & Forecasts by Mode of Application 2022-2032

8.1. Soil
8.2. Foliar
8.3. Fertigation
8.4. Others

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Land O'Lakes, Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Helena Agri-Enterprises, LLC.
- 9.3.3. The Mosaic Company
- 9.3.4. Biovert S.L.U.
- 9.3.5. Stoller Enterprises, Inc.
- 9.3.6. Wilbur-Ellis Holdings, Inc.
- 9.3.7. Koch Agronomic Services, LLC.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. US Agricultural Micronutrient market, report scope
TABLE 2. US Agricultural Micronutrient market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 3. US Agricultural Micronutrient market estimates & forecasts by Crop Type 2022-2032 (USD Billion)
TABLE 4. US Agricultural Micronutrient market estimates & forecasts by Form 2022-2032 (USD Billion)
TABLE 5. US Agricultural Micronutrient market estimates & forecasts by Mode of Application 2022-2032 (USD Billion)
TABLE 6. US Agricultural Micronutrient market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. US Agricultural Micronutrient market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. US Agricultural Micronutrient market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. US Agricultural Micronutrient market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. US Agricultural Micronutrient market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. U.S. Agricultural Micronutrient market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. U.S. Agricultural Micronutrient market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 13. U.S. Agricultural Micronutrient market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 14. List of secondary sources, used in the study of US Agricultural Micronutrient Market.
TABLE 15. List of primary sources, used in the study of US Agricultural Micronutrient Market.
TABLE 16. Years considered for the study.
TABLE 17. Exchange rates considered.

LIST OF FIGURES

FIG 1. US Agricultural Micronutrient market, research methodology
FIG 2. US Agricultural Micronutrient market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Agricultural Micronutrient market, key trends 2023
FIG 5. US Agricultural Micronutrient market, growth prospects 2022-2032
FIG 6. US Agricultural Micronutrient market, porters 5 force model
FIG 7. US Agricultural Micronutrient market, pestel analysis
FIG 8. US Agricultural Micronutrient market, value chain analysis
FIG 9. US Agricultural Micronutrient market by segment, 2022 & 2032 (USD Billion)
FIG 10. US Agricultural Micronutrient market by segment, 2022 & 2032 (USD Billion)
FIG 11. US Agricultural Micronutrient market by segment, 2022 & 2032 (USD Billion)
FIG 12. US Agricultural Micronutrient market by segment, 2022 & 2032 (USD Billion)
FIG 13. US Agricultural Micronutrient market by segment, 2022 & 2032 (USD Billion)
FIG 14. US Agricultural Micronutrient market, company market share analysis (2023)