Home > Agriculture > Crop Care > Agrochemicals > Agricultural Chelates Market

Agricultural Chelates Market Trends

Report ID: GMI7781
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Agricultural Chelates Market Trends

Increasing emphasis on sustainable farming techniques is driving increased usage in the agricultural chelates industry. Chelating compounds that improve fertilizer efficiency and promote ecologically friendly agricultural practices are in high demand. Bio-based and biodegradable chelates are gaining popularity, reflecting a larger industry move toward environmentally friendly solutions. Furthermore, precision farming and the use of chelates into controlled-release fertilizers are new developments that improve nutrient management and crop yields. Smart formulations and customized chelate treatments tailored to specific soil and crop requirements are becoming more common as digital agriculture gets traction, representing a changing environment in the agricultural chelates industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for agricultural chelates was valued at around USD 930.5 million in 2023 and is estimated to reach USD 1.41 billion by the end of 2032, driven by the growing worldwide population and rising food demands.

Agriculture end-use segment accounted for USD 512.8 million in the market in 2023 and is poised to grow substantially through 2032 driven by demand for efficient food supply and improved agricultural methods.

North America agricultural chelates industry was worth USD 330.3 million in 2023 and is expected to expand rapidly through 2032 driven by the expanding agricultural sector and an increasing emphasis on crop productivity & quality.

BASF SE, Nufarm Limited, Syngenta AG, The Dow Chemical Company, Aries Agro Limited, Valagro S.p.A., Yara International ASA, Protex International, and Van Iperen International are some of the major industry contenders.