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Agricultural Micronutrients – in Demand Latin America/North America/Europe/Asia-Pacific

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Global demand for agriculture micronutrients has increased due to increased deficiency of micronutrients in soil and shrinkage in agricultural land. Micronutrients’ application in crops improves the crop quality and productivity.



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The North American market for agricultural micronutrients was valued at $943.2 million in 2013, and is projected to reach $1,423.4 million by 2018, at a CAGR of 8.8%, during the forecast period, 2013 to 2018. The North American market accounted for 20.0% of the global agricultural micronutrients market and its market share is projected to grow to 21.0% by 2018.

Micronutrient deficiency in soil has increased due to intensive agricultural practices, land degradation, and extensive use of macronutrient-based fertilizers. The global agriculture micronutrients market has shown tremendous growth over the last five years. The requirement of micronutrients depends on the type of soil and crop. Seed treatment and hydroponics are relatively new methodologies for farmers across the globe. The micronutrients can be applied in a chelated or non-chelated form.

The market is segmented into non-chelated and chelated, which account for 82.0% and 18.0%, respectively, of the market. The North American market is segmented on the basis of applications, regions, functions, and products.

This report provides a competitive landscape of the top players. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, and so on. Under the operational insights section, we will provide you with the new capacities added, new centers, and new key employments. Under the sales and marketing section, we will provide you with insights on new contracts (available on the public domain), new distribution channels added, new marketing initiatives, and so on.
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