North America Agricultural Micronutrients Market Size, Share, Growth, Trends, And Forecast Report, Segmented By Type, Mode Of Application, Crop Type, And By Region (The U.S, Canada & Mexico), Industry Analysis From (2025 to 2033)

Updated On: June, 2024
ID: 1742
Pages: 145

North America Agricultural Micronutrients Market Size

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 COVERAGE

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.

 

SEGMENT ANALYSIS

By Crop Type Insights

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.

COUNTRY ANALYSIS

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.

KEY MARKET PLAYERS

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.

MARKET SEGMENTATION

The North American agricultural micronutrients market is segmented and sub-segmented into the following categories.

By Type

  • Zinc
  • Boron
  • Copper
  • Manganese
  • Molybdenum
  • Iron
  • Cobalt
  • others

By Mode of Application

  • Soil, Fertigation
  • Seed treatment
  • Foliar
  • Agricultural Micronutrients

By Form

  • Chelated
    • Ethylenediaminetetraacetic Acid (EDTA)
    • Diethylene Triamine Pentaacetic Acid (DTPA)
    • Ethylenediamine Di-2-Hydroxyphenyl Acetate (EDDHA)
    • D,L-Aspartic Acid N-(1,2-Dicarboxyethyl) Tetrasodium Salt (IDHA)
    • Hydroxybenzyl Ethylenediamine Diacetic Acid(HBED)
  • Non-Chelated Agricultural Micronutrients

By Crop Type

  • Fruits and Vegetables
  • Cereals
  • Pulses
  • Oilseeds and others

By Country

  • The United States
  • Canada
  • Mexico

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