The demand for micronutrients has been rising in the recent years, due to accelerated rates of nutrient removal in high-yielding crops. The increased encouragement from the government agencies over the use of micronutrients, in order to increase the agricultural productivity and build sustainable food systems globally, are expected to augment the growth of micronutrient fertilizers in the global market. The lack of awareness about the benefits of using micronutrient fertilizers among the farming community in developing countries and high cost associated toward the purchase of these fertilizers are some of the factors, which limit the growth for micronutrient fertilizers in the global market. There are concerns over the recent outbreak of Coronavirus, which may create further cutbacks in the micronutrient fertilizers production in countries, such as China. The grains and cereals segment of the market studied cornered the highest share of 44.2% in 2019, owing to high occupancy of cereal acreage in the global crop lands. High demand for enhancing the yields of maize, rice, and wheat, coupled with their soil micronutrient deficiencies, especially for zinc, manganese, boron, and iron, are anticipated to drive the micronutrient fertilizers for the cereals and grains segment, during the forecast period.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHT

5. MARKET SEGMENTATION

6. COMPETITIVE LANDSCAPE

7. MARKET OPPORTUNITIES AND FUTURE TRENDS