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Agricultural Chelates Market by Type, Application, Crop Type, & by Region - Global trends & Forecast to 2020

Agricultural Chelates Market: Forecast until 2020

  • April 2016
  • 157 pages
  • ID: 3765453
In this report:
It is projected that in the next ## years, the global demand for food and energy is expected to rise by more than ##%.
According to a study on America's consumption of fruits and vegetables, fruit consumption is projected to grow by ##% over the next five years, and fresh vegetable consumption is expected to grow by ##% overall.

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"Agricultural chelates market forecasted to grow at a compound annual growth rate (CAGR) of 6.70 percent"

The agricultural chelates market is estimated to grow $566.10M by 2020 at a Compound annual growth rate of 6.70 percent between 2015 and 2022. The industry is influenced by Elements such as overall economic increase, increasing demand for food products, and modern agricultural practices. The huge growth potential in emerging sectors and untapped areas offers new opportunities for market actors.

"EDTA agricultural chelate type is the quickest increasing sector between 2015 and 2022"

The EDTA agricultural chelate type is expected to grow with the maximal compound annual growth rate (CAGR) between 2015 and 2022. EDTA chelates help in the isolation of metal ions, including calcium ions and ferrous ions, and it also forms weak bonds with metal nutrients, including zinc, iron, and copper which are required to provide adequate nourishment to the crops. Also, EDTA treats harmful lead poisoning in the soil by extracting harmful toxins, including lead, cadmium, and mercury, maintaining better soil quality.

"Cereals & grains led the sector with the biggest share in 2014"

On the basis of crop type, the agricultural chelates market is led by the cereals & grains segment succeeded by the fruits & vegetables segment. The oilseeds & pulses segment is expected to rise at the highest CAGR (Compound annual growth rate) between 2015 and 2022. The importance of oilseeds & pulses is growing as they are cash crops which generate considerable revenue for the manufacturers. Cereals & grains, including rice, wheat, and corn, are grown abundantly in many regions and the increase in the overall population has led to the growth in its demand. Different cereal growers have adopted the liquid fertilizer technology in order to accomplish higher crop yield. For example, Australia (AU) uses the fluid planting technology to accomplish higher crop yield. Through this technology, agricultural chelates are mixed with metal nutrients, including iron, zinc, and copper, to accomplish increased crop productivity.

The breakdown of the primaries on the basis of company, description, and area, conducted during the business research study, is mentioned as below.

By Company Type: Tier 1 - 20.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 35.0 percent

By Description: D-level - 55.0 percent, C-suite - 30.0 percent, and Others - 15.0 percent

By area: North america (NA) - 12.0 percent, Europe - 45.0 percent, Asia-Pacific - 25.0 percent, and rest of the world - 18.0 percent

"China (CN) helped to the most important market share in the Asia-Pac region"

The Asia Pacific (APAC) area is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. This area has a big market for agricultural chelates and is continuously rising due to economic increase, strong demand for food, and the use of modern agricultural practices. Furthermore, the government is taking substantial efforts in the improvement of agricultural techniques and technology.

Main players including BASF SE, Haifa Chemicals Ltd, Syngenta (SWX:SYNN), Akzo Nobel (AMS:AKZA), and Nufarm Limited collectively accounted for the biggest portion of the agricultural chelates market in 2014. Other players including Deretil Agronutritional, Shandong IRO Chelating Chemicals Co. Ltd., Protex International, Valagro SPA, and Van Iperen International also have a strong presence in this sector.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall agricultural chelates market

- To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

- To benefit insights of the main countries/localities in which the agricultural chelates market is prospering

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