Crop Micronutrients Market By Type (Zinc, Iron, Boron, Manganese, Copper, Molybdenum, Others), By Mode of Application (Soil Application, Foliar Spray, Fertigation, Seed Treatment, Hydroponics, Others), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Commercial Crops, Others), By Distribution Channel (Online Retail, Agrochemical Stores, Specialty Stores, Distributors, Others), and By End User (Farmers, Agricultural Cooperatives, Research Institutions, Government Bodies, Commercial Plantations), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Published Date: Apr 2025 | Report ID: MI2571 | 210 Pages


Industry Outlook

The Crop Micronutrients market accounted for USD 6.95 Billion in 2024 and is expected to reach USD 15.53 Billion by 2035, growing at a CAGR of around 7.58% between 2025 and 2035. The industry devoted to the manufacturing and distribution of fundamental micronutrients needed by crops operates as the crop micronutrients market. The essential plant nutrients zinc, iron, copper, manganese, and boron play vital roles in small doses for promoting plant health and yield production and disease protection. Soil nutrient depletion in regions requires elevated agricultural productivity levels, which drives the market demand. Toxic elements in soils and recent developments in soil health understanding together drive farmers to use micronutrient products. The market operates under the effects of climate change and food safety demands, together with sustainable agricultural practices.

Report Scope:

ParameterDetails
Largest MarketAsia Pacific
Fastest Growing MarketMEA
Base Year2024
Market Size in 2024USD 6.95 Billion
CAGR (2025-2035)7.58%
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 15.53 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies
Segments CoveredType, Mode of Application, Crop Type, Distribution Channel, End User, and Region

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Market Dynamics

Rising demand for high-yield crops due to population growth.

The demand for high-yield crops is expected to rise due to the growing global population, which means that more food is needed to feed a greater population. In response to the growing demand for increased agricultural production, farmers are turning to crop micronutrients to improve crop health and soil fertility, both of which increase yields. Micronutrients, such as zinc, iron, and copper, are essential for plant growth and resistance to diseases, which in turn improves quality. Micronutrient-based fertilizers are being applied to enhance resource use through sustainable farming. The growing consumer preference for nutritionally rich foods also forces the agricultural sector to hinge more heavily on crops rich in micronutrients.

Educational and governmental institutions, including the Food and Agriculture Organization (FAO), strengthen this theory by pointing out the prevalence of micronutrient deficiencies in crops, leading to severe yield losses, thereby furthering the cause of assuring food security through the necessary supplementation of micronutrients in crops. In sharp contrast, the new FAO Food Security and Nutrition Report (2020) states that micronutrient deficiencies pose a great concern in the global agricultural landscape and strongly supports the relevance of increasing the use of micronutrients. Thus, the growing importance of the use of micronutrients is steering the establishment of more resilient and efficient agricultural practices across the world.

Expanding organic farming requiring balanced and sustainable nutrient inputs.

The growing demand for organic farming and sustainable agricultural practices is one of the foremost driving forces of the market for crop micronutrients. The scientists and truly professional farmers are working towards maintaining soil health and increasing crop yield while at the same time conserving environmental integrity, so with this changing trend, the application of micronutrients like zinc, iron, manganese, and copper to address nutrient deficiencies is steadily increasing. These micronutrients are vital in enhancing plant growth, inducing resistance to diseases, and improving the quality of produce. This market is also driven by government incentives and policies for sustainable agriculture and awareness of balanced nutrition in crops.

The rise of changes in climatic conditions away from what is currently considered normal would add valuable pressure to the already-growing food security-associated demand worldwide for the adoption of micronutrient fertilizers. Technologies involving nutrient delivery systems, coupled with the avalanche of funds toward research and development, are creating major forces to advance the market.

Limited access to micronutrients in remote and rural areas

The crop micronutrients market encounters significant barriers since remote and rural locations have restricted access to vital nutrients that prevent their development. The areas suffer from inadequate farming infrastructure, together with minimal availability of agricultural inputs, including fertilizers and micronutrient supplements, thus preventing farmers from reaching optimal crop yields. Financial limitations stop farmers from adopting micronutrient-rich products since these micronutrient products are considered unnecessary expenses. The market encounters growth restrictions because farmers show poor understanding of micronutrients' dual functions toward soil health and agricultural quality.

Unpredictable rainfall patterns, together with severe weather conditions, create extra difficulties for farmers to maintain micronutrient applications successfully. Due to several market and environmental obstacles that prevent the widespread usage of micronutrient supplements, the market's potential for growth has decreased. The high cost of transportation and the logistical challenge of delivering nutrients to remote areas combine to reduce market efficiency. Farmer education about the use of micronutrients is hampered by a lack of government-backed strategies in different regions.

Partnerships between companies and governments for farmer training programs

Government-company partnerships could link with farmer training programs for extensification in the crop micronutrients market. Farmers recognize emerging agricultural practices in the relevance of micronutrients and thereby better soil health and yield efficiency in returning production. Governments and businesses can now create training programs to inform farmers about the advantages of micronutrients, previously used applications, or sustainable agricultural methods. Therefore, people are more aware of the need for micronutrient foods.

Increased accessibility for small-scale farmers through subsidies and fortification policies may also be made possible by improved policy support through cooperative action. This presents new business opportunities for expansion in developing markets where modernization initiatives are of utmost importance. Furthermore, the implementation of the efforts is anticipated to provide some fresh, creative concepts in the field of developing micronutrient products to serve certain agricultural areas. All things considered, this would create a "win-win" situation for farmers, companies, and the agricultural ecosystem as a whole.

Innovation in chelated micronutrients for better nutrient absorption efficiency

Increased opportunities for growth exist in the future as far as the crop micronutrient market is concerned. Progresses in chelated micronutrients have given way to new technological advancements that make nutrients efficient at absorption rates. Since nutrient depletion is evident and intensively farmed soil is invariably nutrient imbalanced, this is already creating a great demand for efficient nutrient delivery systems. Chelated micronutrients increase plant bioavailability by binding vital nutrients to prevent them from reacting with soil constituents. These solutions also increase crop quality and yield, which makes them appealing to farmers who want to reduce waste and maximize fertilizer use.

Furthermore, methods of ensuring micronutrient-based solutions that guarantee soil health and environmental sustainability are becoming more and more important as our understanding of sustainable farming techniques advances. In the upcoming years, the primary drivers of market expansion are probably going to be advancements in formulations and delivery methods. The potential for precision farming, which stresses nutrients particular to a given application, and the rising demand for food worldwide have both increased with the expanding use of organic farming as an enhancer.

Industry Experts Opinion

"The small amount of micronutrient required to grow a crop can be conflated with it being unimportant. Some nuanced understanding of when and where to use micronutrients in a crop plan takes time."

  • Dr. Emily Calhoun, Agronomist at Loveland Products

"The regenerative ag movement and the dramatic focus towards improving soil biology and soil health will impact the future micronutrient marketplace. No longer are farmers in the reactive phase of their crop nutrition. Progressive farmers are feeding their soil biology which in turn feeds their crops."

  • Dr. Brian Nichols, Director of Agronomy at Huma

Segment Analysis

Based on the type, the Crop Micronutrients market is classified into Zinc, Iron, Boron, Manganese, Copper, Molybdenum, and Others. Zinc is the predominant and most significant segment in the Crop Micronutrients Market. It plays an important function in plant growth, enzyme activation, and protein synthesis, which directly impinge upon the yield and quality of the crop. Severe zinc deficiency is quite common in soils across the globe, necessitating potential supplementation for improving agricultural productivity. This has raised a considerable spike in the demand for zinc-based micronutrient fertilizers. The awareness regarding the importance of zinc in enhancing crop resistance and boosting nutritional content further solidifies its stronghold in the market.

 

Based on the Mode of Application, the Crop Micronutrients market is classified into Soil Application, Foliar Spray, Fertigation, Seed Treatment, Hydroponics, and Others. In the crop micronutrients market, soil application is the most prominent and significant mode of application. It has gained acceptance because of its efficacy in depositing micronutrients directly into the root system of the plant. Soil application can ensure long-term nutrient availability and is very economical on usage costs for large-scale farming. This method is also considered to have the unique ability to target many crops, and it is quite efficient in the correction of micronutrient deficiencies in soils. Given that soil health and fertility are still the most advocated issues in agriculture, soil application is still ahead in the market.

Regional Analysis

The Asia-Pacific crop micronutrients market is expanding rapidly owing to the growing desire for increased agricultural output and, consequently, the usage of contemporary farming methods. Population expansion, dwindling arable land, and rising soil nutrient deficits are just a few of the issues that will make crop micronutrient solutions more and more necessary to improve crop quality and production. The present surge in agricultural technology investments in China, India, and Southeast Asia has resulted in a rise in the use of micronutrient fertilizers. This market is growing as a result of government programs that encourage precision agriculture and sustainable farming methods.

The market is characterized by a growing emphasis on iron, boron, manganese, and zinc, as they are essential for the optimum growth of plants. Given an increasing understanding of the importance of boosting food security through micronutrients, this region will likely continue growing in this field. Besides, growing organic farming and environmental sustainability have significantly advanced the call for micronutrient solutions based on natural and bioproducts. This trend has been further passed by the innovation of delivery systems such as chelation and spraying micronutrients directly onto the leaves.

The Middle East & African crop micronutrients market in the MEA area is expanding steadily as a result of precision farming practices and rising demand for increasing agricultural production. Due to problems with soil fertility that have plagued the majority of these countries, food production now requires micronutrient supplementation. Zinc, boron, manganese, and copper are the essential microelements that are highly sought after, especially for the main staple crops in this area: wheat, maize, and rice. The market has grown as a result of growing understanding of the advantages of micronutrients in enhancing crop resilience to environmental stress and soil health.

Customized nutrition solutions are becoming a more important part of the agriculture segment's developing innovation in solution provisioning, which encourages innovation and the expanding market. This has aided in the growth of the region's micromarkets and supported government initiatives to promote sustainable agricultural methods and foreign investment. However, the business still confronts obstacles like water shortages, climate change, and the region's disjointed distribution network, which make it difficult for the market to expand. However, the market's overall growth prospects remain hopeful due to ongoing research and development techniques in micronutrient technology.

Competitive Landscape

New entrants are challenging the existing major players in the agricultural micronutrients market, which include such active players as The Mosaic Company, FMC Corporation, BASF SE, and Bayer AG. These companies are growing their market presence through the development of product chains and strategic collaborative agreements, along with mergers. By increasing its ability to produce specific micronutrient fertilizers in response to the growing demand in emerging economies, Nouryon has solidified its position in the market. By creating cutting-edge, more effective micronutrient solutions, FMC Corporation fosters innovation.

Research-based innovations for sustainable crop nutrition solutions are receiving substantial financing from Styleline and Kemin Industries. The increase in food demand globally, along with the campaign for efficient agricultural practices, has an immense effect on these players, who are now actively proposing alternative products based on biological inputs that are more affordable. Developments related to precision farming and controlled-environment agriculture create rivalry between firms by challenging them to develop micronutrient solutions that align well with modern farming practices.

Crop Micronutrients Market, Company Shares Analysis, 2024

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Recent Developments:

  • In April 2025, Singapore-based Olam Group announced a strategic shift to focus solely on its food ingredients business, investing $500 million in the unit. The company decided to sell off other businesses and assets, using the proceeds to improve its balance sheet amid global economic uncertainties. This decision highlighted Olam's commitment to sectors like crop nutrition, which are essential to its food ingredients focus.

Report Coverage:

By Type

  • Zinc
  • Iron
  • Boron
  • Manganese
  • Copper
  • Molybdenum
  • Others

By Mode of Application

  • Soil Application
  • Foliar Spray
  • Fertigation
  • Seed Treatment
  • Hydroponics
  • Others

By Crop Type

  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds & Pulses
  • Commercial Crops
  • Others

By Distribution Channel

  • Online Retail
  • Agrochemical Stores
  • Specialty Stores
  • Distributors
  • Others

By End User

  • Farmers
  • Agricultural Cooperatives
  • Research Institutions
  • Government Bodies
  • Commercial Plantations

By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

List of Companies:

  • Nouryon
  • Bayer AG
  • Dow
  • BASF SE
  • LyondellBasell Industries
  • J.R. Simplot Company
  • FMC Corporation
  • Growmark, Inc.
  • The Mosaic Company
  • Kronos Micronutrients
  • Murugappa Group
  • Godrej Industries Group
  • Groupe Roullier
  • Kemin Industries
  • Haifa Group

Frequently Asked Questions (FAQs)

The Crop Micronutrients market accounted for USD 6.95 Billion in 2024 and is expected to reach USD 15.53 Billion by 2035, growing at a CAGR of around 7.58% between 2025 and 2035.

Key growth opportunities in the Crop Micronutrients market include Innovation in chelated micronutrients for better nutrient absorption efficiency, Expansion of e-commerce platforms for agrochemical product distribution, and Partnerships between companies and governments for farmer training programs.

The largest segment in the crop micronutrients market is zinc, due to its essential role in plant growth and widespread deficiency in soils. Iron and boron are also significant segments because of their necessity in crop development. Among the fastest-growing segments is chelated micronutrients, as they offer higher bioavailability and efficiency. The demand for foliar application methods is rapidly increasing due to quick nutrient absorption. Growth is driven by rising food demand and the push for higher crop yields.

The Asia-Pacific region is expected to make a notable contribution to the global crop micronutrients market. This is due to the large agricultural base and growing awareness among farmers about nutrient management. Countries like India and China are leading the demand because of intensive farming practices. Government support and increasing use of advanced farming techniques also boost the market. Rising food demand in the region further drives growth.

Leading players in the global crop micronutrients market include companies like Nutrien Ltd. and Yara International, known for their strong global presence. BASF SE and The Mosaic Company are also major contributors with a wide range of crop nutrition products. FMC Corporation plays a key role with innovative solutions in micronutrient delivery. Haifa Group and Compass Minerals are notable for their specialized products and regional strength. These companies focus on research, partnerships, and expansion to stay competitive.

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