Home > Agriculture > Seed & Soil > Soil Management > Sulfur Based Micronutrients Market

Sulfur Based Micronutrients Market Analysis

  • Report ID: GMI10637
  • Published Date: Aug 2024
  • Report Format: PDF

Sulfur Based Micronutrients Market Analysis

Sulfur-bentonite held USD 123.7 million in 2023 and it is anticipated to expand at a 9.8% of CAGR during 2024-2032. Sulfur-bentonite continues to be the most common type of sulfur-based micronutrient due to its high sulfur content and effective release mechanism. This product is highly popular for its capacity to restore sulfur deficits in various soils, particularly in areas where intense farming methods have depleted soil sulfur levels. The granular structure of sulfur-bentonite allows for uniform application and delayed release, ensuring a continuous supply of sulfur to plants. Sulfur-bentonite is becoming increasingly popular among farmers looking to boost crop output and quality, particularly in oilseed crops and cereals.
 

Sulfur Based Micronutrients Market Revenue Share, By Application, 2023

The sulfur-based micronutrients market from cereals & grains segment will expand to USD 344.4 million and garner a 9.8% CAGR from 2024 to 2032. Cereals and grains, such as wheat, rice, and maize, are staple foods for a huge proportion of the world's population. These crops are extremely sensitive to sulfur-based micronutrients, which are required for protein synthesis and enzymatic function. Sulfur deficits in cereals can result in lower grain quality and production. The introduction of sulfur-based micronutrients in this category is motivated by the desire to improve grain quality and meet rising food demand. Precision agriculture practices contribute to the rising use of these products, enabling focused nutrient administration and enhanced crop management. The fruit and vegetables segment are distinguished by a strong demand for micronutrients to assure quality and productivity. Sulfur-based micronutrients are critical for increasing the nutritional content and aesthetics of fruits and vegetables.
 

North America Sulfur Based Micronutrients Market Size, 2021- 2032 (USD Million)

North America region is expected to surpass USD 237.1 million by 2032 growing at 8.9% CAGR, because of increased health awareness and a strong emphasis on limiting sodium intake due to common health problems such as hypertension and cardiovascular disease. The region has a well-established food and beverage business that is gradually adopting healthier products to meet consumer demand. The US and Canada are the key markets in this region, where the emphasis on organic and natural products fuels the expansion of low sodium sea salt. Furthermore, the growing popularity of clean-label products has prompted manufacturers to develop and create low-sodium sea salt that passes strict quality requirements. North America's robust retail infrastructure, which includes supermarkets and online retail platforms, ensures that these products are widely available and easily accessible.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for sulfur based micronutrients achieved USD 411.9 million in 2023 and will grow at 9% CAGR from 2024 to 2032, due to increased awareness of the role of micronutrients in agricultural productivity.

Sulfur based micronutrients market size from the sulfur-bentonite is anticipated to expand at 9.8% CAGR during 2024-2032 as it is highly popular for its capacity to restore sulfur deficits in various soils, particularly in areas where intense farming methods have depleted soil sulfur levels.

North America market is expected to grow at 8.9% CAGR from 2024 to 2032, owing to increased health awareness and strong emphasis on limiting sodium intake due to common health problems such as hypertension and cardiovascular disease.

Yara International, Coromandel, Aries Agro Limited, DFPCL, IFFCO, HBT India, Tiger-Sul Products LLC, Agroasia, Sohar Sulphur Fertilizers LLC, and Mirabelle Agro Manufacturer Pvt Ltd

Sulfur Based Micronutrients Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample