North America Agricultural Micronutrients Market is Expected to Reach $1,423.4 million in 2018 - New Report by MicroMarket Monitor
(PRWEB) September 15, 2014 -- The North America Agricultural Micronutrients Market report defines and segments the agricultural micronutrients market in North America with analysis and forecast of revenue. The agricultural micronutrients market in North America is estimated to grow from $943.2 million in 2013 to $1,423.4 million by 2018, at a CAGR of 8.6% from 2013 to 2018.
Browse through the TOC of the North America Agricultural Micronutrients Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American agricultural micronutrients market, and is supported by various tables and figures.
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In North America, the application of micronutrients has accelerated the growth of quality crops that meet the export quality standards. These micronutrients contain essential vitamins and minerals that maintain plants metabolism, growth and physical well-being. The use of micronutrients has fueled the demand for food products throughout the North American region, especially in the U.S. and Canada, as these countries focus on advanced farming techniques to produce high quality agricultural produce that meets the international export standards. Moreover, the demand for micronutrients will increase in the future, considering the shrinkage of arable land in North America and optimal use of available land resources. On the other hand, the agricultural sector in Mexico is underdeveloped as compared to the U.S. and Canada.
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In 2013, the U.S. led the agricultural micronutrients market in North America with a market share of 74.9%.
This market is segmented and forecast on the basis of function, Submarket application, and geography. The main submarket type of agricultural micronutrients includes chelated and non-chelated agricultural micronutrients. The major functions include fertigation, foliar, and soil, among others. On the basis of application, the market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, and rest of the crops. The market is further segmented and forecast on the basis of countries in the region, such as the U.S., Canada, and Mexico.
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This report also includes market share and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Related Reports:
Europe Agricultural Micronutrients Market
The Europe Agricultural Micronutrients market was valued at $703.5m in the year 2013, to grow at 8.6% annually. It is projected to reach $1,054.8m by the end of 2018.
It is divided into non-chelated and chelated, which account for 82.0% and 18.0%, respectively, of the global Agricultural Micronutrients market.
The European Agricultural Micronutrients Market is segmented on basis of applications, geographies, functions, and products.
http://www.micromarketmonitor.com/market/europe-agricultural-micronutrients-8154701779.html
Asia-Pacific 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. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, etc. Under the operational insights section, we will provide you with the new capacities added, new centers, and new key employments. Under the sales and marketing section, we will provide you with insights on new contracts (available on the public domain), new distribution channels added, new marketing initiatives, etc.
http://www.micromarketmonitor.com/market/asia-pacific-agricultural-micronutrients-6278283086.html
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.
The Latin American Agricultural Micronutrients Market is segmented on basis of applications, geographies, functions and products.
http://www.micromarketmonitor.com/market/latin-america-agricultural-micronutrients-1194410335.html
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