Demand for Agricultural Micronutrients Market to Expand at a CAGR of 3.6% Through 2031 As per a new report published by Fact.MR – a market research and competitive intelligence provider, the global agricultural micronutrients market is anticipated to reach a valuation of US$ 4.9 Bn in 2021, and expand at a steady CAGR of 3.6% over the forecast period of 2021 to 2031. Diets with low nutrients can be blamed for an increase in occurrence of micronutrient deficiency across populations. Micronutrient deficiencies in the soil not only reduce crop yield but also nutritional quality. Moreover, lower micronutrients in crops have adverse effects on human health. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=472 Agronomic bio-fortification improves the bioavailability of micronutrients in the edible portion of crops as well as the bioavailability of processed foods consumed by humans. Various governments’ attempts to regulate micronutrient deficiency by increasing the content of agricultural micronutrients in agricultural produce are pushing the market for agricultural micronutrients. Key Takeaway from Market Study
Global agricultural micronutrients market is anticipated to hit US$ 7 Bn valuation by 2031. The market is estimated to expand at a CAGR of 3.6% during the forecast period of 2021 to 2031. By nutrient, the zinc segment is expected to have a dominant share in the global market. North America accounted for over 15% of global demand for agricultural micronutrients in 2020. The Asia Pacific region to dominate the demand pie of agricultural micronutrients. Cereals and grains to dominate demand and sales share of agricultural micronutrients in FY2021. Fertigation application of agricultural micronutrients is anticipated to grow at a rapid pace over the forecast period.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=472 Market Segments Covered in Agricultural Micronutrients Industry Analysis By Nutrient
Boron Agricultural Micronutrients Manganese Agricultural Micronutrients Zinc Agricultural Micronutrients Copper Agricultural Micronutrients Others
By Crop
Agricultural Micronutrients for Cereals & Grains Agricultural Micronutrients for Fruits & Vegetables
Agricultural Micronutrients for Oilseeds & Pulses Others
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/472 Impact of COVID-19 The COVID-19 pandemic has had an immediate impact on the food systems in developing countries. Access to markets has been hampered by restrictions on the movement of people and products. In the face of this uncertainty, policymakers are implementing laws to protect people’s food and nutrition by focusing on diversification of production. Companies manufacturing agricultural micronutrients are seeing increased sales as a result of these developments. Farmers and sellers of nutritious and bio-fortified crops such as wheat, maize, potato, and sweet potatoes are being encouraged by manufacturers of agricultural micronutrients to strengthen their sales footprint. People are more aware of foods high in micronutrients as a result of the COVID-19 pandemic. Bio-fortified crops are becoming powerful nutrition vehicles thanks to strong local market chains, increased commercial use, and robust smallholder production systems. Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/newsrelease/2020/03/27/2007685/0/en/Coated-Glass-Market-on-a-Robust-Growth-Trail-ArchitecturalApplications-Accentuate-Profitability-Reports-Fact-MR.html About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact: US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 Corporate Headquarter: Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates Email: sales@factmr.com Visit Our Website: https://www.factmr.com