The global agricultural micronutrients market is experiencing significant growth, according to VynZ Research. With the increasing demand for high-quality crops and the need for sustainable agricultural practices, the use of micronutrients is becoming increasingly important.

According to the report, the global agricultural micronutrients market was valued at USD 4.2 billion in 2021 and is expected to reach USD 7.6 billion by 2028, growing at a CAGR of 9.4% during the forecast period. This growth can be attributed to the increasing adoption of precision farming and the growing demand for food due to the increasing population.

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The report also highlights the importance of micronutrients in crop growth and development. Micronutrients such as zinc, iron, manganese, and copper are essential for plant growth, and their deficiency can lead to stunted growth, reduced yield, and poor crop quality.

Moreover, the report indicates that the demand for micronutrients is highest in Asia Pacific, owing to the increasing population, rising demand for high-quality crops, and the need for sustainable agricultural practices. North America and Europe are also significant markets for agricultural micronutrients, owing to the presence of a large number of agricultural farms in these regions.

Key Players:

• BASF SE
• AkzoNobel
• Nutrien, Ltd.
• Yara International ASA
• The Mosaic Company
• Compass minerals international
• Valagro
• Haifa Group
• Agrium Inc.
• ADAMA Agricultural Solutions Ltd.
• Baicor, L.C.
• Brandt Consolidated Inc.
• Grow More Inc.
• Kay-Flo.
• Micnelf USA Inc.
• Stoller USA, Inc.
• Verdesian Life Sciences, LLC
• Merck KGaA.
• Sigma-Aldrich Corporation

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VynZ Research assists enterprises in take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares, and anticipated new trends & technologies arising across a wide range of industries.