The report provides forecast and analysis of the micronutrients market on a global and regional level. The study provides historical data of 2013 along with forecast from 2014 to 2020 based on volumes (Kilo Tons) and revenue (USD Million). The report includes drivers and restraints for the micronutrients market along with their impact on demand during the forecast period. Additionally, the report comprises an analysis of opportunities available in the micronutrients market on the global and regional level. The drivers, restraints and opportunities mentioned in the report are justified with the help of quantitative and qualitative data which is verified by primary and secondary resources.
We have included a detailed value chain analysis in order to provide a comprehensive view of the micronutrients market. Value chain analysis will provide details such as integration in the market, distribution channels, applications and end-user for the market. An analysis of Porter’s Five Forces model for the micronutrients market has also been included to help understand the competitive landscape of the market. The study encompasses a market attractiveness analysis, wherein application segments or product segments are benchmarked based on their market size, compounded annual growth rate (CAGR), general attractiveness and company market share. The report includes company market share analysis which helps to understand business strategies of the major manufacturers in the market.
The global micronutrients market size is provided in terms of both volume as well as revenue. The study provides a decisive view of the micronutrients market by segmenting it in terms of product segments, applications, crop types and form types. All these segments have been analyzed based on present and future trends, and the CAGR for the market has been estimated between 2014 and 2020. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). The report also includes demand for individual product segment, application, crop type and form type across all the regions.
The report covers a detailed competitive outlook including market share and company profiles of key participants operating in the global market. Key players profiled in the report includes Agrium Inc., Aries Agro Ltd., BASF SE, Coromandel International Ltd., Haifa Chemicals Ltd., H.J. Baker & Bro., Inc, K+S AG, Sociedad Quimica y Minera S.A. (SQM), The Mosaic Company, Wolf Trax Inc., and Yara International ASA. Company profiles comprise attributes such as company overview, product portfolio, financial overview, business strategy, SWOT analysis and recent developments related to the market.
Inflation is not a part of pricing in this report. Prices of micronutrients and its derivatives vary in each region; hence, a similar volume to revenue ratio does not follow for each individual region. The same price for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down this market by product segment, application, crop type and form type in each region. We use models and estimates in order to produce comprehensive data sets when there is no hard data available.
For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
The market has been segmented as below:
Micronutrients Market: Product Segment Analysis
- Others (Including chlorine, nickel etc.)
Micronutrients Market: Application Analysis
- Seed treatment
- Others (Including hydroponics, etc.)
Micronutrients Market: Crop Type Analysis
- Pulses and oilseeds
- Fruits and vegetables
- Others (Including floriculture, etc.)
Micronutrients Market: Form Type Analysis
Micronutrients Market: Regional Analysis
- North America
- Asia Pacific
- Rest of the World