The global micronutrient fertilizers market size is estimated to grow at a CAGR of 7.10% in the forecast period of 2026-2035, reaching a value of around USD 5.96 Billion by 2035. The market is being driven by rising demand for food and increasing importance of micronutrients for plant growth.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.1%
2026-2035
*this image is indicative*
Micronutrient fertilizers refer to specialised fertilizers that contain micronutrients that help crop growth and plant processes. Common nutrients in micronutrient fertilizers include zinc, boron, manganese, copper, and iron. The micronutrient fertilizers can be applied directly on soil or foliar, or through the process of fertigation.
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The EMR’s report titled “Micronutrient Fertilizers Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Nutrient
Market Breakup by Form
Market Breakup by Application
Market Breakup by Crop Type
Market Breakup by Region
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Zinc is anticipated to account for a sizable share of the micronutrient fertilizers market due to the desire to improve soil health and fertility as well as the rising understanding of zinc's benefits in improving crop production and quality. Also, zinc is considered to be an essential element which is required for the proper growth and development of plants. Crops that are zinc deficient may grow slower, yield less, and be of poor quality. Over the forecast period, the market for zinc micronutrient fertilizers is anticipated to grow as a consequence of the rising consumption of cereal-based food that is low in zinc content.
Asia Pacific is expected to witness significant growth in the global market for micronutrients fertilizers. The market for different micronutrient fertiliser products in the region is boosted by the well-established distribution network of micronutrient fertilizers in major Asia Pacific countries, including China and India. The micronutrient fertilizers market expansion in the region is also being propelled by the rising demand for food grains to meet the needs of large populations and the depletion of soil nutrients. Increasing awareness regarding the micronutrient requirements of various crops is further increasing the demand for micronutrient fertilizers in the Asia Pacific.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global micronutrient fertilizers market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Yara International ASA, founded in 1905 and headquartered in Oslo, Norway, deals with the production and distribution of nitrogen-based mineral fertilizers and associated industrial goods. The company also produces nitrates, ammonia, urea, and other nitrogen-based substances.
Haifa Negev technologies LTD, established in 1966 and headquartered in Haifa, Israel, is an international company and a leading provider of specialised fertilizers, such as agricultural and industrial grade potassium nitrate. Additionally, the company develops and produces a large variety of specialised fertilizers.
Coromandel International Limited, founded in 1961 and based in Telangana, India, is a leading producer of phosphatic fertiliser in India. The company operates in the business sectors of fertilizers, specialty nutrients, crop protection, and retail.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include UPL LTD, BASF SE, and Israel Chemicals Ltd., among others.
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The market is assessed to grow at a CAGR of 7.10% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach around USD 5.96 Billion by 2035.
The major market drivers include the declining arable land, rising demand for food, increasing soil and plant tissue testing, and increasing importance of micronutrients for plant growth.
The key trends guiding the growth of the market include the rising adoption of precision agriculture, development of specialised micronutrient fertilizers, and government initiatives to promote the use of micronutrient fertilizers.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different nutrients in the market for micronutrient fertilizers are zinc, manganese, copper, boron, molybdenum, and iron, among others.
The various applications of micronutrient fertilizers in the market include soil, foliar, and fertigation, among others.
The major market players, according to the report, are Yara International ASA, Haifa Negev technologies LTD, Coromandel International Limited, UPL LTD, BASF SE, and Israel Chemicals Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Nutrient |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Crop Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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