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

Sulfur Based Micronutrients Market Trends

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

Download Free Sample

Sulfur Based Micronutrients Market Trends

Emerging trends in the market include the incorporation of new technologies into product formulation and application. Controlled-release fertilizers, precision agriculture, and the application of nanotechnology are altering the industry landscape. These innovations enable more effective nutrient delivery, lower environmental impact, and improved crop growth. Furthermore, there is a growing trend toward organic farming and the use of bio-based micronutrients, driven by consumer demand for organic and non-GMO foods. This trend is prompting manufacturers to provide environmentally friendly and sustainable sulfur-based micronutrient solutions.

Certified organic product sales in the US surpassed USD 70 billion in 2023, setting a new industry record. Dollar sales in the American organic sector reached USD 69.7 billion dollars last year, up 3.4 percent, according to the Organic Trade Association's (OTA) 2024 Organic Industry Survey.

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