Asia-Pacific Agricultural Micronutrients Market is expected to reach USD 2.11 biPosted by rohan on October 4th, 2017 Asia-Pacific Agricultural Micronutrients Market was worth USD 1.37 billion in 2016 and is expected to reach USD 2.11 billion by 2021 with a CAGR of 9.0 %. Asia-pacific constitutes around 50% of the global market and it will continue to dominate throughout the forecast period. Micronutrients are essential elements required by organisms throughout the life in little amounts to coordinate a range of physiological functions. Micronutrients are essential for the growth of the plants and plays an important role in balanced crop protection. Lack of any of the essential micronutrients in the soil results in growth limit, even though when all other nutrients are present in adequate amounts. Rising demand for food and increasing demand for standard quality and continuous yield because of growing population, depleting arable land are the major factors boosting the growth of the market. Lack of awareness among farmers in developing regions, high cost, lack of awareness about an appropriate quantity to be injected into the soil due to lack of standardized levels established by regulatory agencies View Full report @ http://www.marketdataforecast.com/market-reports/asia-pacific-agricultural-micronutrients-market-1828/ Asia-Pacific Agricultural Micronutrients Market is segmented based on Type, Mode of Application, Form and Crop type. Based on Type, Market is segmented into Zinc, Boron, Copper, Manganese, Molybdenum, Iron, cobalt and others. Based on Mode of Application, Market is segmented into Soil, Fertigation, seed treatment, Foliar and Others. Based on Form, Market is segmented into Chelated and Non-Chelated Agricultural Micronutrients. Chelated agricultural micronutrients are further segmented into 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). Based on crop type, the market is segmented into Fruits and Vegetables, Cereals, Pulses and oilseeds and others. Zinc segment is expected to grow at highest CAGR because of growing demand for zinc in the food. Cereals is the highest growing segment around the world owing to continuous technological advancements and growing demand for cereals. Download free sample report @ http://www.marketdataforecast.com/market-reports/asia-pacific-agricultural-micronutrients-market-1828/request-sample Geographically, this market is further segmented in to India, China, Japan, Australia and South Korea. Asia-Pacific has a high development potential for agricultural micronutrients as this region has many rising nations, for example, China, India, and Japan. Also, factors, for example, high demand for nutritive food and sustainable harvest yields, increasing interest in agriculture segment, and the administration of crop product costs are driving the development of the Agricultural micronutrients market in this area. Scope of the report:
Buy now @ http://www.marketdataforecast.com/cart Major players operating in this region are BASF SE, Mosaic and Cheminova, Yara International, Agrium Inc., Aries Agro Ltd., Valagro, Gujarat State Fertilizers & Chemicals, Coromandel International Ltd., Tradecorp International, AkzoNobel. About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com. Like it? Share it!More by this author |