North America Agricultural Micronutrients Market was valued at USD 4.15 billion in 2024 and is anticipated to reach a valuation of USD 4.48 billion in 2025 from USD 8.30 billion by 2033, growing with a CAGR of 8.0% during the forecast period from 2025 to 2033.
Micronutrients are used to grow crops that meet the export quality standard. Micronutrients are a crucial part in maintaining balanced crop protection and are also essential for the growth of the plants. These micro-nutrients are also important in facilitating plant functions and also in enhancing root strength, sugar translocation, and overall plant immunity. Deficiency of Micronutrients results in withering of buds in crops, yellowing of leaves, health hazards, and eventually results in the decline of crop productivity.
Rising demand for food and increasing demand for standard quality and continuous yield because of ga growing population, depleting arable land are the major factors strengthening the market. Lack of awareness among farmers in developing regions, lack of awareness about an appropriate quantity to be injected into the soil due to lack of standardized levels established by regulatory agencies, and high cost are the major factors hindering the growth of the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2024 to 2033 |
Base Year |
2024 |
Forecast Period |
2025 to 2033 |
CAGR |
8% |
Segments Covered |
By Type, Mode of Application, Form, Crop Type, And Country |
Various Analyses Covered |
Global, Regional, and country-level analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Country's Covered |
The United States, Canada, and the Rest of North America |
Market Leaders Profiled |
BASF SE, Mosaic and Cheminova, Agrium Inc., Aries Agro Ltd., Coromandel International Ltd., Yara International, Valagro, Gujarat State Fertilizers & Chemicals, Tradecorp International, AkzoNobel. |
The zinc segment is expected to grow at the highest CAGR because of the growing demand for zinc in food. Cereals are the highest growing segment around the world, owing to continuous technological advancements and growing demand for cereals.
Geographically, this market is further segmented into to US and Canada. The U.S. and Canada use advanced agricultural techniques, which help them deliver quality agricultural produce that meets international export standards.
This report also provides detailed marketing and development strategies used by key players such as BASF SE, Mosaic and Cheminova, Agrium Inc., Aries Agro Ltd., Coromandel International Ltd., Yara International, Valagro, Gujarat State Fertilizers & Chemicals, Tradecorp International, and AkzoNobel.
The North American agricultural micronutrients market is segmented and sub-segmented into the following categories.
By Type
By Mode of Application
By Form
By Crop Type
By Country
Access the study in MULTIPLE FORMATS
Purchase options starting from
$ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com
Reports By Region