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Agricultural Chelates Market Report
The Agricultural Chelates Market is Segmented by Type (EDTA, EDDHA, DTPA, IDHA, and Others), by Micronutrient Type (Iron, Manganese, and Others), by End-Use Type (Agriculture, Indoor Farming), by Application...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Agricultural Chelates Market is likely to witness an impressive CAGR of 7.5% during the forecast period. The major factors contributing to the growing demand for agricultural chelates are the increasing usage of high-value crops and reduction in the arable land.
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Agricultural Chelates Market - Snapshot |
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Growth |
7.5% for the next five years |
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Major Type |
EDTA |
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Dominant Crop Type |
Fruits & Vegetables |
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Fastest Application Type |
Foliar Sprays |
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Region with the highest demand |
Europe |
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Key Players |
Aries Agro Ltd., BASF SE, Greensmiths, Inc., Haifa Chemicals, Nouryon, Nufarm Ltd, Syngenta AG, The Andersons, Inc., The Dow Chemical Company, and Wilbur-Ellis Company Inc.. |
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Based on the type, the market is segmented as EDTA, EDDHA, DTPA, IDHA, and others. EDTA is estimated to be the fastest-growing segment of the market during the forecast period. EDTA chelates agent enable the plant to absorb high amount of micronutrients and provide an excellent binding capability when they are used with crucial micronutrients, such as iron, manganese, copper, and zinc, which results in an improved quality of crop growth, fueling the growth of the agricultural chelates market.
Based on the crop type, the agricultural chelates market is segmented as cereals & grains, oilseeds & pulses, fruits & vegetables, and other crop types. Fruits & vegetables held the largest share of the market in 2019, and is likely to maintain its leading position during the forecast period as well. It is estimated that there will be an increase in the consumption of fruits and vegetables in the upcoming years.
Based on the application type, the market is segmented as soil application, seed dressing, foliar sprays, fertigation, and others. Foliar spray is expected to be the fastest-growing segment of the agricultural chelates market during the forecast period. Foliar spray is an agricultural method in which water and agricultural chelates are applied to the plants through spray pumps, drones, tractor-mounted sprayers, and airplanes. This process offers a possibility to get the best use of yield, reduce the loss of nutrients, and also prevention from polluting the environment.
Also, the farmers usually prefer foliar spray techniques for the application of agricultural chelates, as it guarantees that the nutrients are uniformly applied and the agricultural input cost is reduced. Hence, the efficiency and reliability of foliar spray is offering substantial growth opportunities in the market during the forecast period.
In terms of regions, Europe held the largest share of the agricultural chelates market in 2019, and is estimated to govern the market during the forecast period. Due to the growing demand from the European countries, Spain and the Netherlands have an increased cultivated area, including greenhouse as well. Also, these countries have export demands for a wide range of crops, such as pulses, fruits, cereals, oilseeds, and cash crops. The growth of the crop is highly dependent on the type of soil, which varies from region to region. The lack of micronutrients in soils as reported across Europe is expected to drive the growth of the agricultural chelates market. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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Some of the key players in manufacturing agricultural chelates are-
Agricultural chelates have a variety of applications into soil, foliar, and fertigation. They play an important role in agriculture, as they maximize the yield and improve the quality of agricultural products. Foliar sprays are commonly used to apply metal chelates as micronutrient fertilizers to provide plants with iron, copper, manganese, and zinc. The most commonly used chelates in agriculture are EDTA, EDDHA, and DTPA.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Agricultural Chelates Market Research Report - Features |
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Market Segmentation |
6 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The agricultural chelates market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Driven by the factors like increasing usage of high-value crops and reduction in the arable land, the agricultural chelates market is expected to witness an impressive growth of 7.5% CAGR in the foreseeable future.
Foliar spray is expected to be the fastest-growing application of the agricultural chelates market in the coming years.
Aries Agro Ltd., BASF SE, Greensmiths, Inc., Haifa Chemicals, Nouryon, Nufarm Ltd, Syngenta AG, The Andersons, Inc., The Dow Chemical Company, and Wilbur-Ellis Company Inc are the key players in the agricultural chelates market.
Europe is expected to remain the largest market for agricultural chelates in the next five years.
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