North America Agricultural Micronutrients Market is Estimated to Grow at CAGR 8.9% for the Forecast Period 2013-2018
North American Agricultural micronutrients market is driven by increasing demand for standard and uniform products, use of genetically modified crops, and changing agricultural practices. North America has shown the highest growth in the concerned market.
The estimated CAGR for this market was 8.9% for the forecast period 2013-2018, and U.S. dominated this market as it accounted for a market share of 74.9% in 2013.
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The agricultural micronutrients market is segmented into major types, on the basis of submarket, application, ingredient and function. On the basis of submarkets, it is classified as chelated and non-chelated agricultural micronutrients; by application it is classified as cereals & grains, fruits & vegetables, oilseeds & pulses and crops market; by ingredients it is divided into boron, copper, iron, molybdenum, zinc; and by functions it is segmented as fertigation, foliar, soil and others market.
Various small and large players compete in the North American agricultural micronutrients market, with companies such as Agrium Inc. (Canada), The Mosaic Chemical company (U.S), Akzo Nobel NV (Netherlands), and so on which hold dominance in the concerned market. Other companies such as BASF SE (Germany), Yara International ASA (Norway) are also expanding their share in this market.
Agricultural Micronutrients Market, by Applications
- Cereals & Grains Market
- Fruits & Vegetables Market
- Oilseeds & Pulses Market
- Crops Market
Agricultural Micronutrients Market, by Ingredients
- Boron Market
- Copper Market
- Iron Market
- Molybdenum Market
- Zinc Market
- Other agricultural micronutrients Market
Agricultural Micronutrients Market, by Functions
- Fertigation Market
- Foliar Market
- Soil Market
- Others Market
Agricultural Micronutrients Market, by Country
- U.S.
- Canada
- Mexico
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