United States Agricultural Micronutrients Market 2015-2019 with Agrium, AkzoNobel, BASF & The Mosaic Dominating
DUBLIN, July 13, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2qfdd7/agricultural) has announced the addition of the "Agricultural Micronutrients Market in the US 2015-2019" report to their offering.
The analysts forecast the Agricultural Micronutrients market in the US to grow at a CAGR of 7.63% over the period 2014-2019
Agricultural micronutrients are essential elements that are required in trace amounts or small quantities for crops. They regulate the key physiological activities in crops and enhance their quality when used in optimum quantities. The major agricultural micronutrients are zinc, boron, manganese, molybdenum, copper, and iron; these are available in either chelated or non-chelated forms.
The report covers the present scenario and the growth prospects of the Agricultural Micronutrients market in the US for the period 2015-2019. To calculate the market size, the report considers the revenue generated through the sales of agricultural micronutrients. It presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. The report provides data on the different segments of the market in the US based on the following criteria: type, form, application, and crop. In addition, the report discusses the major drivers that influence the growth of the market and it also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Growing demand for zinc-based micronutrients is one key trend upcoming in this market. This demand is primarily because of the widespread deficiency of zinc in the soil. Key vendors have enhanced their portfolios to include zinc-based micronutrients to cater to this projected demand.
According to the report, increased demand for food, coupled with demand for high-quality nutritious food, is one of the drivers that contributes to the growth of the Agricultural Micronutrients market in the US. This has led to demand for the production of crops of a high quality through the use of agricultural micronutrients.
Further, the report states that increased competition is a major challenge to vendors and restricts the growth of the Agricultural Micronutrients market in the US. As the barriers to entry into the market, such as initial investment, are not very high, an increasing number of vendors are entering the market. This has had a negative impact on the revenues of existing vendors.
Key Vendors
- Agrium
- AkzoNobel
- BASF
- The Mosaic
Other Prominent Vendors
- ATP Nutrition
- Baicor
- Brandt
- Cheminova
- Compass Minerals
- Grow More
- Micnelf USA
- Nulex
- Nutra-Flo
- QC
- Stoller
- WinField Solutions
- Yara International
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Agricultural Micronutrients Market in US
- Market Segmentation by Type
- Market Segmentation by Form
- Market Segmentation by Application
- Market Segmentation by Crop
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/2qfdd7/agricultural
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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