Zinc Segment – Largest product segment with highest CAGR in Asia-Pacific Agricultural Micronutrients Market

“Asia-Pacific Agricultural Micronutrients Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 9.0%

“Asia-Pacific Agricultural Micronutrients Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 9.0% to reach USD 2.11 billion by 2021, from USD 1.37 billion in 2016, which amounts to a cumulative growth of USD 0.74 billion.

Micronutrients are essential elements required by organisms throughout the life in little amounts to coordinate a range of physiological functions. Micronutrients are essential for the growth of the plants and play an important role in balanced crop protection. Lack of any of the essential micronutrients in the soil results in growth limit, even though when all other nutrients are present in adequate amounts.

Zinc segment is expected to grow at highest CAGR because of growing demand for zinc in the food. Cereals are the highest growing segment around the world owing to continuous technological advancements and growing demand for cereals. Also, factors, for example, high demand for nutritive food and sustainable harvest yields, and the administration of crop product costs are driving the development of the Agricultural micronutrients market in this area.

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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Agricultural Micronutrients Market bearing either positive or negative outcomes. Some of those factors are
• Rising demand for food and
• Increasing demand for standard quality
• Continuous yield because of growing population,
• Depleting arable land
• Lack of awareness among farmers in developing regions,
• High cost
• Lack of awareness about an appropriate quantity to be injected into the soil due to lack of standardized levels established by regulatory agencies

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For granular level understanding the Asia-Pacific Agricultural Micronutrients Market is segmented based on Type, Mode of Application, and Form and Crop type each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Type, Market is segmented into Zinc, Boron, Copper, Manganese, Molybdenum, Iron, cobalt and others. Based on Mode of Application, Market is segmented into Soil, Fertigation, seed treatment, Foliar and Others. Based on Form, Market is segmented into Chelated and Non-Chelated Agricultural Micronutrients. Chelated agricultural micronutrients are further segmented into Ethylenediaminetetraacetic Acid (EDTA), Diethylene Triamine Pentaacetic Acid (DTPA), Ethylenediamine Di-2-Hydroxyphenyl Acetate (EDDHA), D,L-Aspartic Acid N-(1,2-Dicarboxyethyl) Tetrasodium Salt (IDHA), Hydroxybenzyl Ethylenediamine Diacetic Acid(HBED). Based on crop type, the market is segmented into Fruits and Vegetables, Cereals, Pulses and oilseeds and others.

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Geographically, this market is further segmented in to India, China, Japan, Australia and South Korea. Asia-Pacific has a high development potential for agricultural micronutrients as this region has many rising nations, for example, China, India, and Japan.

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Major players operating in this region are BASF SE, Mosaic and Cheminova, Yara International, Agrium Inc., Aries Agro Ltd., Valagro, Gujarat State Fertilizers & Chemicals, Coromandel International Ltd., Tradecorp International, AkzoNobel. Asia-pacific constitutes around 50% of the global market and it will continue to dominate throughout the forecast period.

The Asia-Pacific Agricultural Micronutrients Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Type, Mode of Application, Form and Crop type along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

For more reports related to the Asia-Pacific Agricultural Micronutrients Market:

Asia-Pacific Micro Irrigation Systems Market: http://www.marketdataforecast.com/market-reports/asia-pacific-micro-irrigation-systems-market-1344/
Asia-Pacific Agricultural Fumigants Market: http://www.marketdataforecast.com/market-reports/asia-pacific-agricultural-fumigants-market-1821/
Asia-Pacific Agricultural Disinfectants Market: http://www.marketdataforecast.com/market-reports/asia-pacific-agricultural-disinfectants-market-2025/
Asia-Pacific Agricultural Biologicals Market: http://www.marketdataforecast.com/market-reports/asia-pacific-agricultural-biologicals-market-1991/

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