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Agriculture Micronutrients Market- Prevailing Deficiency of Micronutrients in Soil to Provoke Demand

Press release Description

Albany, New York, August 1, 2018: Driven by the rampant deficiency of micronutrients in soil, agriculture micronutrients have become imperative in agriculture production. Apart from restoring micronutrients in the soil, they also play a pivotal role in balancing the crop nutrition. As per various soil testing survey a substantial deficiency of micronutrients has been recorded in soil. Factors such as demand for high-yield crops, rising use of chemical fertilizers, improvements in fertilizer technology results in depletion of essential micronutrients in the soil. These insights are extracted from a new report, titled “Agriculture Micronutrients Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2024,” recently added to the exhaustive repository of Market Research Reports Search Engine (MRRSE).

Increased deficiency of micronutrients in soil attributed to diverse climatic conditions, usage of chemical fertilizers on a huge scale and other factors are paving ways for growth of agriculture micronutrients market. Hence, different companies are offering micronutrients in different quantities required by different crops and plants. Some of the widely used and sought-after micronutrients are iron, copper, boron, manganese, and zinc. On the other hand, companies are also making attempts to provide secondary micronutrients helpful in order to make other nutrients more effective.

Agriculture Micronutrients Market- Largest Application in Soil to Stimulate Growth

When compared to various applications related to micronutrients, it is expected to find the largest application in soil. This can be attributed to the steep decline of micronutrients in soil due to several factors. Of all the agricultural essentials, soil is the most essential part of agriculture primarily responsible for healthy yielding of crops. Use of micronutrients on a large scale has become an inevitable norm to provide a proper balance of nutrients in the soil. For instance, foliar sprays are used on a large scale to apply micronutrients. It has also been observed that the effect of applied nutrients with foliar spray is immediate. The use of different types of agriculture micronutrients on crops, vegetables, and fruits are employed for various purposes. Among all the micronutrients used, zinc is expected to gain immense popularity in the coming years in the wake of increasing number of benefits offered. Moreover, a notable deficiency of zinc has been observed in soil across various regions & countries. However, the application rate of zinc is different as per the requirement of zinc in the soil for agriculture.

Budding demand & intake of cereals worldwide is driving use of micronutrients in cereals. Several tests are also being arranged to examine symptoms for nutrient deficiency. The micronutrients examined in cereals mainly include iron, copper, and zinc. Hence, the demand for agriculture micronutrients is also dependable on type of deficiency found in the crops, oilseeds, pulses, cereals, etc. In addition to that, new methods of applying micronutrients are being adopted to multiply the benefits of micronutrients and result in better quality of crops. Some of the major players operating in the market include ADAMA Agricultural Solutions Ltd., Akzo Nobel N.V., Agrium Inc., BASF SE, Compass Minerals International Inc., Auriga Industries A/S, E. I. DUPONT DE NEMOURS AND COMPANY, and Bayer CropScience AG.

Browse Full Global Agriculture Micronutrients Market Report with TOC :

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