Agricultural Micronutrients Market Size, Share, Growth, and Industry Analysis, By Type (Zinc, Copper, Boron, Iron, Manganese, Molybdenum and Others), By Application (Soil, Foliar and Fertigation), and Regional Insights and Forecast to 2034

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AGRICULTURAL MICRONUTRIENTS MARKET OVERVIEW

The global agricultural micronutrients market size was USD 6.8786 billion in 2025 and is projected to touch USD 13.0129 billion by 2034, exhibiting a CAGR of 7.33% during the forecast period.

The market for agricultural micronutrients is also growing gradually, as farmers are becoming more aware of the importance of trace elements for the improvement of yield, quality, and tolerance to stress in crops. Micronutrients including zinc, boron, iron, manganese, and copper are vital for a number of plant metabolic processes, but their deficiency is prevalent due to intensive agriculture, soil degradation and, repeated application of high-analysis NPK fertilizers. Consequently, producers are turning to unique micronutrient formulations, chelates, and soil- and foliar-applied products to recover from nutrient imbalances and improve crop performance. Increasing focus on precision agriculture and adoption of data centric approaches to nutrient management is expected to further fuel demand for specialized, efficient micronutrient products.

In addition, increasing global demand for food, growing horticulture and cash crop cultivation, and awareness regarding nutrient deficiencies are driving the growth of the market in both developed and developing regions. Governments and agricultural bodies at various levels are advocating for balanced fertilization and promoting the use of micronutrient fortified products, particularly in areas with zinc and boron deficient soils. Materials science innovations and formulations technology such as nano-chelation, controlled-release formulations and water-soluble micronutrient blends are revolutionizing product innovation and bringing efficiency to modern agriculture. As such the market is developing in the direction of high value, crop specific, environmentally benign micronutrient products that enhance soil health, contribute to yield stability, and are geared towards sustainable agricultural production.

RUSSIA-UKRAINE WAR IMPACT

Agricultural Micronutrients Market Had a Negative Effect Due To heavy disruption of global fertilizer supply chains during the Russia-Ukraine War

The war between Russia and Ukraine has significantly influenced the agriculture micronutrients market, as the global fertilizer supply chains are being severely disrupted. Both nations are vital to the export of certain fertilizers and essential raw materials for the manufacture of micronutrient formulations, which are in short supply coupled with rising input costs globally. These disruptions led to inflation in micronutrient-based fertilizers, which caused high-quality nutrient solutions to be out of reach for small and medium farmers – particularly in developing countries. Moreover, logistical barriers, trade sanctions, and increasing transportation costs have further constrained the supply, compelling producers to revise their prices and sourcing options.

The conflict also sped up the move toward regionalization in production and raw material supplier diversification as firms sought to limit their reliance on areas of geopolitical risk. With nutrient deficiencies in soils becoming more visible due to less application of fertilizers during the crisis, several agricultural organizations highlighted the need for balanced fertilization, which involves supplying micronutrients, to sustain crop productivity. Although this, at first, shook things up, it set the stage for domestic production and alternative pathways to be pursued in the long term, and thus, the world market for agricultural micronutrients was redefined.

LATEST TRENDS

Rising Demand for Chelated Micronutrients to Drive Market Growth

The agricultural micronutrients are undergoing an active transition towards chelated micronutrient compositions farmers are more focused on those products with higher nutrient use efficiency and faster plant absorption. EDTA, DTPA and EDDHA chelated forms are stable under different soil conditions, especially in case of alkaline soil where normal nutrients become unstable. This trend is also supported by the increasing penetration of precision agriculture, drip irrigation and fertigation technique, which require nutrient inputs that are uniform, soluble and easy to be applied through mechanized delivery system. Moreover, multi-micronutrients customized for specific crops including for cereals, fruits and horticulture products are now becoming popular as farmers look for specialised multi-micronutrients for enhancing quality of produce. As soil depletion and micronutrient deficiency continue to become the norm, demand for more advanced chelated solutions is anticipated to grow, stimulating manufacturers to innovate and diversify their offerings with more sustainable, high purity micronutrient formulations.

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AGRICULTURAL MICRONUTRIENTS MARKET SEGMENTATION

By Type

Based on type, the global market can be categorized into zinc, copper, boron, iron, manganese, molybdenum and others

• Zinc: Zinc is a popular choice because it promotes enzyme activation, hormone balance and robust root growth. Its significance has increased as zinc deficiency is still one of the most prevalent soil problems in the world. Increasing focus on balanced crop nutrition is propelling consistent demand for zinc-based micronutrient product.

• Copper: Copper facilitates effective photosynthesis, reproductive development and plant metabolism in general. Its application is widening in areas previously dependent on natural reserves of copper that were long thought to be inexhaustible. Advances in diagnosing micronutrient deficiencies are helping to drive greater use of copper in modern farming.

• Boron: Boron is important in cell wall development sugar transport and fruit setting in field and horticultural crops. The consumption of boron is increasing with the growing production of fruits and vegetables all over the world. Soil erosion in many high production areas is also increasing demand for dependable boron supplementation.

• Iron: Iron is important in chlorophyll formation, leaf greening and the maintenance of photosynthetic activity. A further constraint to food production is that iron availability is decreased in alkaline or calcareous soils, leading to greater reliance on iron-based formulations. Advances in technology that are enhancing the efficiency and adoption of chelated iron products currently exist.

• Manganese: Once absorbed, manganese promotes nitrate assimilation and nitrogen metabolism, photosynthesis and mitigates physiological disorders. It is being increasingly utilized in sandy, low organic matter soils deficient in manganese naturally. Increasing cultivation of cereal and oilseed crops is fueling the demand for manganese solutions in burgeoning economies.

• Molybdenum: Molybdenum is important for nitrogen fixation for legumes and nitrogen-fixing crops. This is the case particularly in acid soils in moorland areas where molybdenum availability is dramatically reduced. Increasing global demand for pulses and high-protein crops is driving further potential in the market for molybdenum-based micronutrients.

• Others: Secondary micronutrients nickel, chlorine and cobalt are very specialized physiological processes and will support your crop. Although they are needed in smaller quantities, they are nonetheless vital for the optimum performance of the crop’s metabolism in high-value crops. Niche micronutrients consumption is benefiting from increasing awareness and from the adoption of precision agriculture practices.

By Application

Based on application, the global market can be categorized into soil, foliar and fertigation

• Soil: The availability and distribution of nutrients to soil through the application are extended and uniform along the root zone. It is highly demanded in large scale agricultural systems where the deficiency of micronutrients is encountered year by year. Enriched nutritive soil conditioners are gaining popularity and will boost the demand for soil-based application technologies.

• Foliar: During such time of critical crop development, foliar application allows instant supply to overcome micro-nutrient deficiency. There is a more rapid absorption as the nutrients are not filtered through the soil, but through the leaf surfaces. Crops under sudden stress or showing visual deficiency signs are increasingly being salvaged by foliar sprays, say farmers.

• Fertigation: Fertigation allows nutrient delivery such as micronutrients by means of drip or sprinkler irrigation systems for effective uptake. It embraces modern day precision agriculture by reducing nutrient losses to the environment and cost of application. The increasing acceptance of controlled irrigation techniques in fruits and vegetables and green house cultivation is propelling the demand for fertigation.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Growing Need for Balanced Crop Nutrition to Boost the Market

The increasing global demand for a well-balanced crop nutrition due to accelerating soil degradation and nutrient loss in the modern farming system is propelling the agricultural micronutrients market growth. Continuous cropping, heavy application of chemical fertilizers, and inadequate crop rotation have resulted in the depletion of vital micronutrients like zinc, boron and iron in the soil. Consequently, many areas are now affected by widespread micronutrient shortages that limit plant growth, crop quality, and yield. Better soil testing, government-sponsored nutrient management programs, and a greater focus on sustainable agriculture have led to increased awareness of these deficiencies among farmers. Application of the balanced micronutrients is also considered as one of the potential strategies for improving nutrient uptake, plant immunity and drought and disease tolerance. As global demand for quality food continues to increase, farmers are focusing on nutrient rich soils that promote healthier crops and more profitable harvests, driving the global market for agricultural micronutrient products.

Rising Adoption of High-Efficiency Fertilizers to Expand the Market

The market is further propelled by increasing use of high efficiency fertilizers containing enhanced micronutrient formulations which are more plant available and higher performing. Chelated micronutrients, water-soluble blends and slow-release fertilizers are all gaining in popularity as growers and farmers look for solutions that provide the best absorption of nutrients – even in difficult soil conditions such as high pH or salinity. Precision agriculture technology, such as GPS-based application and fertigation systems, has contributed to an increased use of micronutrient-containing fertilizers by providing precise, uniform, and timely delivery of nutrients. These slow-release fertilizers reduce nutrient waste, provides better return on investment and enables farmers to deliver staple crop quality over a full growing season. Furthermore, the global sustainability agenda is promoting adoption of fertilizers that improve nutrient-use efficiency with a potential to reduce environmental impact. With the push by farmers towards more advanced and sustainable crop nutrition products, the market for micronutrients included in these higher value fertiliser systems continues to grow rapidly.

Restraining Factor

Limited Awareness and Uneven Adoption Among Smallholder Farmers to Potentially Impede Market Growth

There are low levels of awareness and adoption of micronutrient-based products by small and marginal farmers in developing regions, which may act as an impediment to the growth of the agricultural micronutrients market. Quite a few producers are not aware of how to go about achieving these benefits over the long term, plus they don’t always know what deficiencies to correct because they don’t soil test regularly, they have limited access to agronomists and have minimal training in crop nutrition. Consequently, they use majority of traditional NPK fertilizer products, which they think can meet the demand of enhancing crop productivity, resulting in insufficient usage of micronutrient complex. The relatively higher initial price of enhanced products such as chelated micronutrients acts as another factor in dissuading potential users in the price sensitive markets. Also, market penetration is affected by the unstable government leaders, disruption of supply chain as well as poor availability of products in distant farms. These, combined with the lack of universal good adoption of balanced nutrient recipe solutions, makes spreading these greatly hinder the ability for the agricultural micronutrients market to take off in these growing markets.

Expansion of Precision Agriculture and Soil Health Management Practices To Create Opportunity for the Product in the Market

Opportunity

A key opportunity for the agricultural micronutrients market is the growing adoption of precision agriculture and modern soil health management systems. With the growing adoption of advanced technologies such as GPS-based machinery, remote sensing and variable-rate technology (VRT) by farmers, identification of micronutrient deficiencies can now be done more precisely along with efficient nutrient application. This shift toward data-driven agriculture promotes targeted micronutrient products (yield and input optimization).

Governments and agri-tech companies are also seizing on this opportunity to boost soil testing initiatives, develop fertilizers enriched with micronutrients and customized nutrient solutions. In addition, increasing production of cash crops including fruits and vegetables, and oilseeds are making use of crop-specific micronutrients formulations. Micronutrients are set to feature prominently in this, as they have a critical role to play in enhancing soil fertility – presenting significant growth opportunities for manufacturers and solution providers as the world increasingly embraces sustainability-centric measures.

Limited Farmer Awareness and Inconsistent Adoption Patterns Could Be a Potential Challenge for Consumers

Challenge

One of the key factors hampering the growth of the agricultural micronutrients market is the lack of knowledge among the end users, the farmers, with respect to the value addition and the impact of the usage of such products on the overall crop output. In most of the areas, particularly in third world countries, farmers are more aware of macronutrients like nitrogen, phosphorus, potassium and so on, while they consider micronutrients as luxury or optional inputs. This disconnect results in scattered adoption, where micronutrients are applied only when overt signs of deficiency emerge, diminishing potential efficacy and crop potential.

Moreover, differences in soil profile, weather conditions and crop cycles make it challenging to develop a standard micronutrient recommendation, which may confuse farmers from the remote areas without access to standard online/offline extension services or soil testing facilities. The adoption of chelated micronutrient products is supressed further due to their high price, which hinders the purchase capacity of marginal farmers. These barriers together retard market growth, delaying the widespread adoption even though there is compelling agronomic evidence to support the use of micronutrients.

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AGRICULTURAL MICRONUTRIENTS MARKET REGIONAL INSIGHTS

• North America

North America remains a key region in the agricultural micronutrients market, driven strongly by the United States agricultural micronutrients market growth, which benefits from large-scale commercial farming, advanced soil mapping systems, and high adoption of precision agriculture. The region’s extensive cultivation of nutrient-demanding crops such as corn, soybeans, and wheat encourages regular micronutrient supplementation to prevent yield losses caused by hidden hunger. Increasing concerns about soil degradation, caused by decades of intensive farming, have also pushed growers to adopt balanced nutrient programs that include zinc, boron, and iron. Additionally, strong government and private-sector initiatives promoting soil health, along with the presence of major input manufacturers, support steady market expansion across the region.

• Europe

Europe shows significant momentum in the agricultural micronutrients market, supported by a structured regulatory environment and rising demand for sustainable farming inputs. The region’s focus on environmentally friendly fertilization practices enhances the use of micronutrients, especially in countries with large horticulture and oilseed cultivation. Increasing instances of micronutrient deficiencies in calcareous and sandy soils are prompting farmers to adopt soil and foliar solutions to maintain crop performance. Precision farming technologies are widely adopted, improving application accuracy and strengthening the agricultural micronutrients market share across Western and Central Europe.

• Asia

Asia is one of the fastest-growing regions, driven by expanding crop acreage, rapid population growth, and the increasing need to improve agricultural productivity. High soil micronutrient deficiencies, particularly zinc and boron, accelerate the adoption of corrective fertilizers across major agricultural economies. Governments in the region are actively promoting micronutrient-enriched soil programs and subsidized inputs to support small and mid-sized farmers. The expansion of horticulture, cereals, and cash crop production also boosts demand for fortified soil, foliar, and fertigation solutions, strengthening the agricultural micronutrients market share throughout Asia.

KEY INDUSTRY PLAYERS

Key Industry Players Shaping the Market Through Innovation and Market Expansion

Key industry players in the agricultural micronutrients market are focusing on expanding their product portfolios, improving formulation technologies, and strengthening distribution networks to meet rising global demand. Many companies are investing in chelated and highly bioavailable micronutrient solutions that enhance nutrient uptake and are suitable for diverse soil conditions. Strategic collaborations with fertilizer blenders, agrochemical firms, and digital agriculture platforms are helping manufacturers integrate micronutrients into broader crop nutrition programs. Several players are also increasing their presence in high-growth regions through new manufacturing units and local partnership models. In addition, sustainability has become a key priority, with companies developing low-impact, environmentally safe formulations that align with modern agricultural practices. These combined efforts are enabling firms to improve market penetration, support farmer adoption, and create differentiated value within the competitive agricultural micronutrients landscape.

List Of Top Agricultural Micronutrients Companies

• BASF (Germany)
• DowDuPont (United States)
• AkzoNobel (Netherlands)
• Nutrien (Canada)
• Land O’Lakes (United States)
• Yara International (Norway)
• The Mosaic Company (United States)
• Helena Chemical Company (United States)
• Nufarm (Australia)
• Coromandel International (India)
• Haifa Chemicals (Israel)
• Sapec S.A. (Portugal)

KEY INDUSTRY DEVELOPMENT

March 2024: Nutrien (Canada) announced the expansion of its micronutrient production capabilities through an upgrade to its North American facilities to support rising demand for high-efficiency zinc, boron, and chelated micronutrient blends. The development included advanced manufacturing technologies designed to improve product consistency and enhance nutrient bioavailability for diverse soil conditions. This strategic move strengthened the company’s portfolio within premium crop nutrition solutions and reinforced its position in serving large-scale farming operations across global markets.

REPORT COVERAGE

The report provides a comprehensive assessment of the agricultural micronutrients market, offering detailed insights into key growth drivers, restraints, opportunities, and challenges shaping the industry. It evaluates major market segments by type and application, presenting an in-depth analysis of how zinc, boron, iron, manganese, and other micronutrients support crop productivity across soil, foliar, and fertigation practices. The study further examines the impact of evolving farming techniques, precision agriculture, and soil health initiatives on overall market dynamics.

In addition, the report includes an extensive regional evaluation covering North America, Europe, and Asia, outlining demand patterns, the agricultural micronutrients market growth, and competitive positioning in each region. It profiles leading industry players, outlining their strategic initiatives, product developments, and expansion activities. The coverage also highlights recent industrial developments, regulatory considerations, and technological advancements that influence adoption trends. Together, these insights equip stakeholders with a clear and actionable understanding of the global agricultural micronutrients landscape.