North America Agricultural Micronutrients Market is Expected to Reach $1,423.4 million in 2018


Posted March 31, 2015 by MarvinGood610

The North America Agricultural Micronutrients Market report defines and segments the agricultural micronutrients market in North America with analysis and forecast of revenue.

 
The North America Agricultural Micronutrients Market report defines and segments the agricultural micronutrients market in North America with analysis and forecast of revenue. The agricultural micronutrients market in North America is estimated to grow from $943.2 million in 2013 to $1,423.4 million by 2018, at a CAGR of 8.6% from 2013 to 2018.

Browse through the TOC of the North America Agricultural Micronutrients Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American agricultural micronutrients market, and is supported by various tables and figures.
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In North America, the application of micronutrients has accelerated the growth of quality crops that meet the export quality standards. These micronutrients contain essential vitamins and minerals that maintain plants metabolism, growth and physical well-being. The use of micronutrients has fueled the demand for food products throughout the North American region, especially in the U.S. and Canada, as these countries focus on advanced farming techniques to produce high quality agricultural produce that meets the international export standards. Moreover, the demand for micronutrients will increase in the future, considering the shrinkage of arable land in North America and optimal use of available land resources. On the other hand, the agricultural sector in Mexico is underdeveloped as compared to the U.S. and Canada.

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In 2013, the U.S. led the agricultural micronutrients market in North America with a market share of 74.9%.
This market is segmented and forecast on the basis of function, Submarket application, and geography. The main submarket type of agricultural micronutrients includes chelated and non-chelated agricultural micronutrients. The major functions include fertigation, foliar, and soil, among others. On the basis of application, the market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, and rest of the crops. The market is further segmented and forecast on the basis of countries in the region, such as the U.S., Canada, and Mexico.
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This report also includes market share and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.

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Issued By MicroMarket Monitor
Country United States
Categories Agriculture , Business
Tags chelated and nonchelated agricultural micronutrients , north america agricultural micronutrients market
Last Updated March 31, 2015