Key players in the Europe Agricultural Micronutrients Market are Yara Downstream, AkzoNobel, CHEMINOVA, BMS Micronutrients NV, BASF, Agrium Crop nutrients, Valagro farm division & others.
(PRWEB) September 02, 2014
The Europe agricultural micronutrients market report defines and segments the agricultural Micronutrients market in Europe with analysis and forecast of revenue. The agricultural Micronutrients market in Europe is estimated to grow from $703.5 million in 2013 to $1,054.8 million by 2018, at a CAGR of 8.4%, for the given period.
Browse through the TOC of the Europe agricultural micronutrients market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe agricultural Micronutrients market, and is supported by various tables and figures.
In the global micronutrients market, Europe accounted for the second largest market. In spite of the European debt crisis, the micronutrients manufacturing companies posted significant revenues in the European region. In Europe, maximum area is utilized for agriculture and cultivation purpose; in addition, there is a tremendous global demand for agricultural products, this has driven the European micronutrients market to newer heights. Moreover, in 2012, agriculture accounted for 10% GDP of the European region. Poland, Italy, and France are the major agriculture-driven countries in the EU. Spain and Italy have mechanized farming techniques and use them for application of micronutrients. Overall, it is observed that the boron deficiency in soil is the most abundant in Europe.
Italy is the market leader of agricultural Micronutrients in Europe; it accounted for a market share of approximately 31.9% in 2013.
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This market is segmented and forecast on the basis of function, submarkets, application and geography. The submarkets of agricultural Micronutrients are chelated and non-chelated. The functions consist of fertigation, foliar, soil and others. On the basis of application, this market has been divided into cereals & grains, fruits & vegetables, oilseeds & pulses and rest (crops). The market is further segmented and forecast on the basis of countries, such as U.K., Germany, Italy, France, Spain, Poland and others.
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This report also includes the market share and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide agricultural Micronutrients.
North America Agricultural Micronutrients Market
The North American market for agricultural micronutrients was valued at $943.2 million in 2013, and is projected to reach $1,423.4 million by 2018, at a CAGR of 8.8%, during the forecast period, 2013 to 2018. The North American market accounted for 20.0% of the global agricultural micronutrients market and its market share is projected to grow to 21.0% by 2018.
The market is segmented into non-chelated and chelated, which account for 82.0% and 18.0%, respectively, of the market. The North American market is segmented on the basis of applications, regions, functions, and products.
Asia-Pacific Agricultural Micronutrients Market
The agricultural Micronutrients market in the Asia-Pacific was valued at $2,417.4 million in 2013, and is projected to reach $3,483.4 million by the end of 2018, at a CAGR of 7.6%.The market in Asia-Pacific accounted for 53.0% of the Global Agricultural Micronutrients market.It is segmented into non-chelated and chelated, which account for 82.0% and 18.0%, respectively of the global Agricultural Micronutrients market.
The Asia-Pacific Agricultural Micronutrients Market is segmented on basis of applications, geographies, functions, and products.
Latin America Agricultural Micronutrients Market
The Latin American Agricultural Micronutrients market was valued at $385.7m in the year 2013, to grow at 9.3% annually. It is projected to reach $602.1m by the end of 2018.It is segmented into non-chelated and chelated, which account for 82.0% and 18.0%, respectively, of the global Agricultural Micronutrients market.
This report provides a competitive landscape of the top players. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography.
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