Global Agricultural Micronutrients Market to Reach USD 10.86 Billion by 2033, Growing at a CAGR of 7.75%

Introduction

According to Renub Research Latest Report Agricultural Micronutrients Market is projected to reach USD 10.86 billion by 2033, up from USD 5.55 billion in 2024, growing at a CAGR of 7.75% between 2025 and 2033. Micronutrients, including zinc, boron, iron, manganese, copper, molybdenum, and chlorine, are essential plant nutrients required in small amounts for growth, development, and productivity. Their use is becoming increasingly critical as farmers aim to improve crop yields, enhance soil fertility, and adopt sustainable agricultural practices.

With climate change, soil erosion, and intensive cultivation methods reducing crop productivity, micronutrient-fortified fertilizers are now a vital component in modern farming. These fertilizers ensure high-quality, nutrient-dense crops while maintaining long-term soil health, making agricultural micronutrients a cornerstone of global food security strategies.

Global Market Overview

Micronutrients are classified into chelates and non-chelated forms, each providing specific benefits to crops. Chelated micronutrients, bound to organic molecules, improve bioavailability and nutrient uptake, particularly for high-value crops like fruits, vegetables, and ornamentals. Non-chelated forms are typically used in bulk crops and soil applications.

Globally, the application of micronutrients is rising due to:

Increasing soil nutrient deficiencies caused by erosion, high-input farming, and overuse of chemical fertilizers.

Rising demand for high-quality crops with enhanced taste, shelf life, and nutritional value.

Adoption of precision farming techniques, including fertigation, foliar application, and smart irrigation systems.

Farmers are increasingly adopting these solutions to enhance productivity, crop quality, and soil sustainability, supporting steady market growth during the forecast period.

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Key Growth Drivers

1. Rising Soil Nutrient Deficiency

Depletion of essential nutrients in farmland soils is a major driver for the adoption of micronutrients. Nutrient deficiencies, particularly in zinc, iron, and boron, compromise crop health and yield. Farmers are turning to fortified fertilizers to restore soil fertility, enhance crop resilience, and ensure food security. According to the United Nations FAO Agricultural Outlook 2019–2028, global demand for agricultural products is expected to rise by 15% over the decade, with cereal consumption projected to increase by 150 million tons, further fueling micronutrient demand.

2. Precision Farming and Modern Techniques

Precision farming, leveraging soil analysis, data-driven nutrient management, and smart irrigation, is significantly boosting micronutrient application. Fertigation, foliar sprays, and controlled nutrient delivery systems optimize crop growth while minimizing wastage. Recent initiatives, such as the joint project between Krukowiak and xFarm Technologies in Poland, are enhancing precision agriculture adoption, demonstrating the synergy between technology and sustainable micronutrient use.

3. Demand for High-Quality, Nutritious Crops

Consumer demand for nutrient-dense, high-quality produce is rising globally. Agricultural micronutrients enhance crop nutrition, flavor, and storage life, driving adoption in fruits, vegetables, cereals, and oilseeds. Programs like FAO-CIMMYT's Vision for Adapted Crops and Soils (VACS) aim to build resilient, climate-adapted food systems, further encouraging micronutrient use in sustainable agriculture.

Market Challenges

1. High Cost and Limited Awareness

High-quality chelated micronutrients and precision farming tools are expensive, particularly for small-scale farmers in developing countries. Limited awareness of proper micronutrient use contributes to underutilization, which governments and agencies aim to address through subsidies, training, and awareness programs.

2. Regulatory and Environmental Constraints

Strict regulations on fertilizer use and concerns about heavy metal contamination can hinder market growth. Compliance with local and international standards is essential for producers launching new micronutrient products. Environmentally friendly and sustainable formulations are increasingly demanded to maintain market expansion.

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Market Segmentation

By Form:

Chelated

Non-Chelated

By Crop Type:

Fruits & Vegetables

Cereals & Grains

Oilseeds & Pulses

Other Crops

By Nutrient Type:

Zinc

Boron

Iron

Molybdenum

Manganese

Others

By Application:

Soil

Foliar

Fertigation

By Region:

North America: USA, Canada

Europe: France, Germany, Italy, Spain, UK, Belgium, Netherlands, Turkey

Asia Pacific: China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand

Latin America: Brazil, Mexico, Argentina

Middle East & Africa: South Africa, Saudi Arabia, UAE

Regional Market Insights

USA

The USA is a major market due to high farmer awareness, precision agriculture adoption, and government support for sustainable farming. Initiatives like Helena Agri-Enterprises’ Zypro soil amendment enhance nutrient management efficiency, boosting crop productivity.

France

France’s agricultural sector emphasizes viticulture, fruits, and cereals. Government support for sustainable and organic farming is increasing the adoption of micronutrients, especially chelated forms, to improve soil fertility and crop quality.

India

India’s market is expanding rapidly due to subsidies, high soil degradation, and growing demand for high-yield crops. Innovative initiatives like Aries Agro’s “100 Days Drone Yatra” for drone-based micronutrient application have improved efficiency and labor savings.

Brazil

Brazil, a major producer of soybeans, coffee, and sugarcane, has nutrient-deficient tropical soils, driving the adoption of micronutrient fertilizers. Precision agriculture and large-scale commercial farming further fuel market growth.

Micronutrient-Specific Insights

Zinc Micronutrients

Zinc is essential for enzyme activation and chlorophyll synthesis. Its deficiency reduces plant growth and crop yields. Zinc-enriched fertilizers and foliar sprays are increasingly adopted globally.

Iron Micronutrients

Iron is critical for photosynthesis and energy transfer. Chelated forms like Fe-EDTA and Fe-DTPA ensure effective uptake, improving plant health and yield.

Soil and Fertigation Applications

Soil application remains the most common delivery method, while fertigation provides precise nutrient distribution, optimizing efficiency for high-value crops and hydroponic systems.

Competitive Landscape

Key players driving innovation and market growth include:

BASF SE

Compass Minerals

Coromandel International

Deepak Fertilizers

Nouryon

Nufarm

Nutrien Ltd.

The Mosaic Company

Yara International

These companies focus on product portfolio expansion, sustainable formulations, and precision agriculture solutions to maintain a competitive edge.

Future Outlook

The Global Agricultural Micronutrients Market is expected to witness sustained growth through 2033, driven by:

Expansion of precision farming and smart agriculture.

Rising demand for high-quality, nutrient-dense crops.

Growth in chelated micronutrient adoption for bioavailability.

Government initiatives supporting sustainable agriculture and soil health management.

As global focus on food security, sustainability, and high-yield farming intensifies, micronutrients will remain central to modern agriculture, ensuring productivity, crop quality, and environmental stewardship.

Conclusion

With a projected value of USD 10.86 billion by 2033 and a CAGR of 7.75%, the agricultural micronutrients market is set for robust growth. Driven by soil nutrient deficiencies, precision farming innovations, and rising consumer demand for nutritious crops, micronutrients are critical for sustainable and high-yield agriculture. Regional adoption in USA, France, India, and Brazil, combined with increasing applications across crop types and delivery methods, reinforces the market’s strategic importance in meeting global food security and sustainability objectives.

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