The global agricultural chelates market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for high-value crops such as gourmet mushrooms, lavender, and garlic due to the expanding population and reduced arable land. Moreover, chelate compounds play a vital role in enhancing crop yields to overcome micronutrient deficiency, which is driving the market growth.
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Agricultural chelates are used in fertilizers to enhance the performance of agricultural fertilizers. These chelates that are added in the fertilizers has the ability to enhance the yield of the crop. Different types of agricultural chelates such as EDTA, DTPA, IDHA, and EDDHA are utilized in agricultural applications.
Micronutrient fertilizers such as iron, zinc, copper, manganese are often chelated by these agricultural chelates. The performance and efficiency of micronutrients can be increased by the usage of these chelates.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing awareness about the application of agricultural chelates is one of the major drivers that is contributing to the growth of the market.
- Growing adoption of irrigation system is expected to augment the agricultural chelates market growth.
- Rising accumulation of non-biodegradable chelates can damage crops and soil. Thus, such factor can restraint the market growth.
- Rapid growth of the organic fertilizers industry and the lack of awareness among farmers can hinder the market growth.
- Ongoing technological advancement in the farming industry and strong growth in fertilizer consumption in emerging economies are expected to propel the market growth during the forecast period.
Agricultural Chelates Market Segment Insights:
IDHA segment to grow at a rapid pace
Based on types, the market is divided into EDTA, EDDHA, DTPA, IDHA, and others. The EDTA segment is anticipated to account for a significant market share and is anticipated to grow at a steady rate during the forecast period. In 2020, the EDTA accounted for more than 50% of the agricultural chelate market. However, the IDHA segment is expected to grow at a rapid rate owing to its biodegradability.
Hydroponics segment to account a major market share
Based on applications, the market is segregated into soil, foliar, hydroponics, and others. The hydroponics segment is anticipated to account for a major market share due to its ability to grow plants and vegetables faster than outdoor plantation process. On the other hand, the foliar segment is anticipated to grow at a steady rate during the forecast period.
Fruits and Vegetables segment to exhibit a high CAGR
Based on crop applications, the market is bifurcated into grains and cereals, oilseed, fruits and vegetables, turf and ornamentals, commercial crops and others. The fruits and vegetables segment is projected to exhibit a high CAGR during the forecast period. Increasing consumer preference for health-enriching diet is driving the segment growth.
Asia Pacific to account a significant market share
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to account for a significant market share owing to rapid urbanization, increasing demand for high-value cash crops, and rising number of innovative solutions adopted by farmers.
Compititive Landscape
The major players of the market are BASF SE, Nouryon, The Dow Chemical Company, Yara International, ICL, Haifa Chemicals Ltd, Syngenta, Nufarm Ltd, Aries Agro Ltd, The Andersons Inc., ATP nutrition, Manvert, BMS-Micronutrients NV, Wilbur-Ellis company, Compo Expert GMBH, Greensmiths, Inc., Agmin Chelates Pty. Ltd, Van Iperen International, Valagro SpA, Shandong Iro Chelating Chemical Co., Ltd., Protex International SA, and Deretil Agronutritional.
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Agricultural chelates market is globally projected to reach USD 1.80 billion by 2027, recording a CAGR of 7.90% in the forecast period of 2020 to 2027.
Data Bridge Market Research report on agricultural chelates market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.This report gives significant comprehension of the Global Agricultural Chelates Market which covers all principal perspectives for the period 2020-2027.
Market show, designs, key market drivers and imperatives, SWOT investigation, market interest examination are completely introduced in this report.
The report is a flat out need inferred for a financial specialist, business strategies, investigators and specialists.Global Agricultural Chelates Market strongly dominates the worldwide economy with a significant development rate in the coming years.
These are fortifying the business’ tractions to turn out to be more powerful and altogether buy in to worldwide income generation.Request a Sample of Agricultural Chelates Market form: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-agricultural-chelates-marketThe various segments of Agricultural Chelates Market by Leading Players are Syngenta Crop Protection AG, Valagro Usa Inc., Haifa Chemicals Ltd., NufarmCA, Van Iperen International, Akzo Nobel N.V., Nutra-Flo Company, PROTEX INTERNATIONAL, BASF SE, Nouryon, Dow (The Dow Chemical Company)By Source Type: EDTA, DTPA, and EDDHA, IDHA, OthersCrop Type: Macro Indicators, Npk (N+P2o5 + K2o) Fertilizers, Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, OthersMode of Application: Soil Application, Seed Dressing, Foliar Sprays, Fertigation, OthersMicronutrient Type: Iron, Manganese, OthersEnd Use: Agriculture, Indoor FarmingMajor Key Contents Covered in Agricultural Chelates Market:Introduction of Agricultural Chelates with development and status.Manufacturing Technology of Agricultural Chelates with analysis and trends.Analysis of Global Agricultural Chelates market Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.Analysis of Global Agricultural Chelates market Capacity, Production, Production Value, Cost and ProfitAnalysis Agricultural Chelates Market with Comparison, Supply, Consumption, and Import and Export.Agricultural Chelates market Analysis with Market Status and Market Competition by Companies and Countries.2020-2028 Market Forecast of Global Agricultural Chelates Market with Cost, Profit, Market Shares, Supply, Demands, Import and ExportTrending factors influencing the market shares of APAC, Europe, North America, and ROW?Agricultural Chelates Market Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream IndustryAlso, the report enjoys different benefits due to deep analysis huge highlights in significant developing markets.
The investigation incorporates market size, most recent trends, drivers, openings, just as key market portions.
Reports and Data has recently added a new research report titled ‘Global Agricultural Chelates Market Forecast to 2028’ to its wide database that offers extensive information about the Agricultural Chelates market with regards to market share, market size, revenue growth, global and regional reach, and product portfolio offered by the market.
The report focuses on current and emerging trends in the agriculture industry such as sustainable farming, novel irrigation and air seeding technology, incorporation of GPS and satellite imagery to boost productivity of the farms, and rapid adoption of smart agriculture to offer crucial insights into technological developments and progress of the sector.The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region.
Growing adoption of precision agriculture and drones have enabled farms and businesses to increase their profit margins and improve their operations to be more efficient, safer, and environmentally sustainable.Technological advancement in agricultural sector has led to higher productivity of crops, limited use of water and fertilizers which in turn have minimized crop prices, lower release of chemicals and pesticides into water bodies, and safer conditions of growing and high quality crops.
The report discusses the industry scope and development in key regions of the world such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa to offer crucial insights about lucrative growth opportunities with regards to production and consumption pattern, supply and demand, consumer demand, and regulatory framework.Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/4044Key companies in the market are focusing on R for development of novel and advanced agricultural devices, temperature and moisture sensors, and systems to supply to the growing demand.
Moreover, they are offering training and assistance to farmers on how to deploy and utilize novel technologies along with their existing practices to boost farm and livestock productivity.
The competitive landscape section of the report discusses in detail the company overview, product and services portfolio, business expansion plans, production and manufacturing capacity, financial standing, and global market position.
The latest trending report Global Agricultural Chelates Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Agricultural Chelates market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.6% in the forecast period of 2020 to 2025 and will expected to reach USD 509.5 million by 2025, from USD 441.6 million in 2019.The Agricultural Chelates market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/6041-agricultural-chelates-industry-analysis-reportThe major players covered in Agricultural Chelates are: BASF Deretil Agronutritional Haifa Chemicals Akzo Nobel Van Iperen International Nufarm Limited Valagro SPA Protex International Shandong Iro Chelating ChemicalsBy Type, Agricultural Chelates market has been segmented into EDTA (ethylenediaminetetraacetic acid) EDDHA (ethylenediamine-N, N¢-bis (2-hydroxyphenylacetic acid)) DTPA (diethylenetriaminepentaacetic acid) IDHA (D, L-Aspartic acid N-(1, 2-dicarboxyethyl) tetrasodium salt) OthersBy Application, Agricultural Chelates has been segmented into: Fruits and vegetables Oilseeds & pulses Cereals & grains OthersThe report offers in-depth assessment of the growth and other aspects of the Agricultural Chelates market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Agricultural Chelates Market @ https://www.decisiondatabases.com/contact/download-sample-6041The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Agricultural Chelates product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Agricultural Chelates, with price, sales, revenue and global market share of Agricultural Chelates in 2018 and 2019.Chapter 3, the Agricultural Chelates competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Agricultural Chelates breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Agricultural Chelates market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Agricultural Chelates sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Agricultural Chelates Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-6041All Agricultural Related Reports by DecisionDatabases.com @ http://bit.ly/3csGNSfAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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