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Chelated-Iron Agricultural Micronutrient Market Trends

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key trends, drivers, restraints and opportunities, which are influencing the global Chelated-Iron Agricultural Micronutrient Market.
Global Market Study on Chelated-Iron Agricultural
Micronutrient: Latin America to Witness Highest
Growth by 2020
R e s e a r c h
Report Media Releases
Global Chelated-Iron Agricultural Micronutrient Market is
Expected to be valued at US$51.4 Mn by 2020
According to a new market report published by Persistence Market Research titled “Global
Market Study on Chelated-Iron Agricultural Micronutrient: Latin America to Witness Highest
Growth by 2020”, the global chelated-iron agricultural micronutrient market is expected to account
for US$36.9 Mn by the end of 2015, and is anticipated to expand at a CAGR of 6.8% to reach
M a r k e t
US$51.4 Mn between 2015 end and 2020.
Presently, the chelated iron agricultural micronutrient market is mainly driven by factors such as
poor soil quality, increasing demand for quality food and government support to farmers in
procuring high-grade fertilizers. However, factors such as high product price, fluctuating
economic conditions and supply-demand disruptions are expected to restrain the growth of the
market.
Chelated iron agricultural micronutrient are those elements that are mixed with fertilizers to
increase the minerals supplement in the soil as most soils in various parts of the world are being
rapidly depleted of minerals. Companies are voluntarily fortifying fertilizers with chelated iron
P e r s i s t e n c e
micronutrient to increase the productivity of crops.
Download Research Report Here @ http://www.persistencemarketresearch.com/samples/6337
By Region, Asia Pacific (APAC) was the largest market for chelated iron micronutrient with
44.8% share of the overall market in 2014, followed by North America with 24.8%. Latin America
is expected to exhibit highest CAGR of 8.9% during the forecast period, followed by MEA, which
is expected to expand at a CAGR of 7.8%. APAC is forecast to remain the most significant
market, with highest absolute $ opportunity.
The global chelated iron agricultural micronutrient market is anticipated to expand at a CAGR of
6.8 % from 2015 to 2021, to reach US$51.4 Mn by 2020. In terms of volume, production of
chelated iron agricultural micronutrient stood at 9,037.7 Kg in 2014 and is expected to reach
12,194.5 Kg by 2020, exhibiting a CAGR of 5.3%.
Global Chelated-Iron Agricultural Micronutrient Market 2015-2020
R e s e a r c h
The market is segmented by crop type into cereals, pulses & oilseeds, fruits & vegetables and
others. The others segment is expected to witness highest CAGR during the forecast period,
with 9.3% in terms of value. However, the absolute $ opportunity growth is expected to be
highest in the cereals segment, which is projected to exhibit a CAGR of 6.6%. Fruits and
vegetable segment is expected to register second highest CAGR of 7.1% in terms of value and
5.5 in terms of volume.
Browse the full Global Market Study on Chelated-Iron Agricultural Micronutrient: Latin America
to Witness Highest Growth by 2020 report @ http://www.persistencemarketresearch.com/marketresearch/chelated-iron-agricultural-micronutrient-market.asp
in this report include Agrium Inc., Yara International Ltd., AkzoNobel, Compass Minerals
International Inc., BASF SE, Monsanto Company, Bayer CropScience AG, ADAMA Agricultural
Solutions Ltd., Land O’Lakes Inc., Nufarm Limited, Sumitomo Chemical Co., Ltd., Syngenta
International AG, The Mosaic Company, ATP Nutrition, Basic or, L.C., Brandt Consolidated Inc.,
Grow More Inc., Kay-Flo, Micnelf USA Inc., Nutra-Flo Company (K- Flo), Stoller USA, Inc.,
Verdesian Life Sciences, LLC (QC Corporation) and DuPont.
P e r s i s t e n c e
M a r k e t
Key players in the global chelated iron agricultural micronutrients market that has been profiled
Global Chelated-Iron Agricultural Micronutrient Market 2015-2020
R e s e a r c h
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Global Chelated-Iron Agricultural Micronutrient Market 2015-2020
Author
shreyas.d
shreyas.d37   documents Email
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micronutrient, Chelated-Iron Agricultural Micronutrient Market
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