Summary: “Agricultural Micronutrients” With 155 pages the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
The Global Agricultural Micronutrients market is accounted for $5.07 billion in 2015 and is expected to reach $9.23 billion by 2022 growing at a CAGR of 8.9%. Increasing demand of effective fertilizers for good quality yield, lack of macronutrients, rising issues of soil deficiency and high demand for bio fuels are some of the factors fueling the market.
However, limited knowledge on micronutrients in emerging countries is limiting the market growth.
Zinc micronutrients segment is expected to witness the highest CAGR during the forecast period owing to its application in food industry. Asia Pacific is expected to register the highest CAGR during the forecast period attributed to increasing disposable income and rising health awareness on nutritional food.
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