Agricultural Chelates Market Will Hit Big Revenues In Future

The report “Agricultural Chelates Market by Type (EDTA, EDDHA, DTPA, IDHA), Application (Soil, Seed Dressing, Foliar Sprays, Fertigation), Micronutrient Type (Iron, Manganese), Crop Type, End Use, and Region – Global Forecast to 2025″ The global agricultural chelates market size is estimated to be valued at USD 0.9 billion in 2019 and is projected to reach a value of USD 1.5 billion by 2025, recording a CAGR of 7.7% during the forecast period. Factors such as the increasing demand for high-value crops and the increasing number of acquisitions undertaken by companies to cater to the requirements of crop-specific micronutrients based on the soil type and climatic conditions are projected to drive the growth of the market.

The EDTA segment, on the basis of type, is estimated to grow at the highest rate during the forecast period

Key players in the market are focusing on introducing agricultural chelates to cater to the requirements in the plant micronutrients market. There is a high scope for chelate manufacturers in the market, as there is a high demand for remunerative crops and low arable land, which has led to the expansion of the agricultural chelates market. Of all types of chelating agents, EDTA is the most common synthetic chelating agent and is used for both soil and foliar-applied nutrients.

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The foliar spray segment, by mode of application, is estimated to account for the largest share in the agricultural chelates market, in terms of value, in 2019

Foliar spray is one of the efficient methods used to increase crop yield. It is reported that foliar application evenly spreads on the surface and has minimum dosage requirement, high absorption, low nutrient loses, and offers increased crop yield as compared to conventional fertilizers.

This research report categorizes the agricultural chelates market, on the basis of type, crop type,  and region.

By Crop Type:

• Cereals and grains
• Oilseeds and pulses
• Fruits & vegetables
• Others (include turf & ornamental crops)

By Type:

• EDTA
• EDDHA
• DTPA
• IDHA
• Others (HEDP, HETDA, Organic acids, and NTA)

By Region:

• North America
• Europe
• Asia Pacific
• Rest of World (RoW)*

*Rest of the World (RoW) includes South Africa, Brazil, Argentina, and others in RoW.

Key questions addressed by the report:

• Who are some of the key players operating in the agricultural chelates market, and how intense is the competition?
• What kind of competitors and stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
• How are the current R&D activities and acquisitions in the agricultural chelates market projected to create a disrupting environment in the coming years?
• What will be the level of impact of new product launches on the revenues of stakeholders, due to the benefits offered by the agricultural chelates market, such as increasing revenue, environmental regulatory compliance, and sustainable profits for suppliers?
• Which regions are projected to witness an increase in agricultural chelates consumption?

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Some of the other players in the agricultural chelates market include BASF SE (Germany), Nouryon (Netherlands), The Dow Chemical Company (US), Yara International (Norway), ICL (Israel), Haifa Chemicals Ltd (Israel), Syngenta (US), Nufarm Ltd (Australia), Aries Agro Ltd (India), The Andersons, Inc. (US), ATP nutrition (Canada), Manvert (Spain), BMS-Micronutrients NV (Belgium), Wilbur-Ellis company (US), Compo Expert GMBH (Germany), Greensmiths, Inc. (US), Agmin Chelates Pty. Ltd (Australia), Van Iperen International (Netherlands), Valagro SpA (Italy), Shandong Iro Chelating Chemical Co., Ltd. (China), Protex International SA (France), and Deretil Agronutritional (Spain).