Stratview Research has published a report on the Agricultural Chelates Market Segmented by Type (EDTA, EDDHA, DTPA, IDHA, and Others), by Micronutrient Type (Iron, Manganese, and Others), by End-Use Type (Agriculture, Indoor Farming), by Application Type (Soil Application, Seed Dressing, Foliar Sprays, Fertigation, and Others), by Crop Type (Cereals Grains, Oilseeds Pulses, Fruits Vegetables, and Other Crop Types), by Region (North America, Europe, Asia-Pacific, and Rest of the World). According to the presented report, the market is likely to witness an impressive CAGR of 7.5% during the forecast period.
Market Segments' Analysis
The market researchers have studied the Agricultural Chelates Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
Agricultural Chelates Market Share: By Type
Based on the type, the market is segmented as EDTA, EDDHA, DTPA, IDHA, and others. EDTA is estimated to be the fastest-growing segment of the market during the forecast period. EDTA chelates agent enable the plant to absorb high amount of micronutrients and provide an excellent binding capability when they are used with crucial micronutrients, such as iron, manganese, copper, and zinc, which results in an improved quality of crop growth, fueling the growth of the agricultural chelates market.
Agricultural Chelates Market Share: By Crop Type
Based on the crop type, the agricultural chelates market is segmented as cereals grains, oilseeds pulses, fruits vegetables, and other crop types. Fruits vegetables held the largest share of the market in 2021, and are likely to maintain its leading position during the forecast period as well. It is estimated that there will be an increase in the consumption of fruits and vegetables in the upcoming years.
Agricultural Chelates Market Share: By Region
In terms of regions, Europe held the largest share of the agricultural chelates market in 2021, and is estimated to govern the market during the forecast period. Due to the growing demand from the European countries, Spain and the Netherlands have an increased cultivated area, including greenhouse as well. Also, these countries have export demands for a wide range of crops, such as pulses, fruits, cereals, oilseeds, and cash crops. The growth of the crop is highly dependent on the type of soil, which varies from region to region. The lack of micronutrients in soils as reported across Europe is expected to drive the growth of the agricultural chelates market. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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