Asian Agricultural Micronutrients Market is Expected to Grow at a CAGR of 5.5% by 2018 - New Report by MicroMarket Monitor

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The Asian Agricultural Micronutrients Market is segmented on basis of applications, geographies, functions, and products.

MicroMarket Monitor

MicroMarket Monitor

Agricultural Micronutrients in the Asian market were valued at $2,417.4 million in 2013, growing at a CAGR of 7.6% annually. It is projected to reach $3,483.4 million by the end of 2018.

Micronutrients are additional substances that can increase the nutritional value of food. The micronutrient systems market is expected to grow at a rate of 5.9%, of which the Asia-Pacific market garnered market revenue of $525.8 million in the industry, in 2012. The Asia-Pacific micronutrient systems market is segmented by according to geography, type, application, crop type, and form. The market covers countries such as China, India, Australia, New Zealand, and others. The Asia-Pacific market size is projected to increase at a CAGR of 5.5%, by 2018.

Browse through the market data tables and figures and detailed ToC on the “Asian Agricultural Micronutrients Market”.

Asia-Pacific is the leading region in the world for agriculture to meet food demands. The increasing agricultural practices and requirement of high-quality agricultural produce is anticipated to drive the micronutrients market in this region. Major crops produced in Asia are rice, sugar beet, fruits and vegetables, cereals, and grains. Asian crop production supports 60% of the world population. The key countries playing an important role in agriculture are China and Indonesia. Cotton, sugarcane, fruits and vegetables, and cereals are the leading agricultural commodities exported.

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