Chelated Agriculture Micronutrients Market

The chelated agriculture micronutrients market is estimated to be USD 1.66 billion in 2025 and projected to reach USD 2.60 billion by 2030, at a CAGR of 9.4%. Factors driving the market include the growing importance attached to balanced nutrient feeding and the increasing acceptance of the importance of micronutrients, such as zinc, boron, iron, manganese, copper, and molybdenum, in augmenting crop metabolism, nutrient absorption, stress tolerance, and crop yields. Additionally, an increasing acceptance and application of innovative crop formulation technologies, especially chelated micronutrients, are gaining acceptance owing to greater stability, bioavailability, and efficiency in nutrient feeding. Moreover, the increasing adoption and acceptance of precision agriculture practices, such as soil, foliar, and fertigation application methods, and growing concerns and importance regarding sustainable agriculture, effective utilization and application of fertilizers, and supportive government policies are driving the adoption and application of chelated agro micronutrient fertilizers.

BASF SE (Germany), Nouryon (Netherlands), Nufarm (Australia), Yara International ASA (Norway), Coromandel International Limited (India), and Land O’Lakes, Inc. (US) are key players in the market.

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BASF SE

BASF SE is the world’s leading chemical company that produces a wide range of products. It operates through five divisions, namely chemicals, agricultural solutions, performance products, functional materials & solutions, and others. BASF SE’s agriculture division deals in functional crop care, biotechnology, turf, ornamentals & landscape, pest control, and animal nutrition products. The company offers a broad portfolio of chelated micronutrient products through its agricultural solutions division. BASF SE’s micronutrient division is engaged in the research, development, production, and sale of crop nutrition products and focuses on the improvement of crop health.

The company operates in more than 80 countries and has nearly 390 production sites in Asia Pacific, Europe, South America, the Middle East & Africa, and North America. The main subsidiaries of BASF SE are BASF Performance Products France S.A.S. (France), BASF Performance Products GmbH (Austria), BASF Performance Products Ltd (China), and BASF Personal Care & Nutrition GmbH (Germany). The company has around 17 R&D centers in North America, Europe, and Asia Pacific.

Nouryon

Nouryon is the renewed name of AkzoNobel Specialty Chemicals. The Carlyle Group (US) and GIC acquired AkzoNobel Specialty Chemicals to make the company an independent and leading global specialty chemical supplier. The company manufactures polymer chains, ethylene, and sulfur derivatives, bleaching and oxidizing chemicals and technologies, chelating agents, surfactants & polymers, salt, chlorine & caustic products, and other performance chemicals. It supplies its products to the food, paints & coatings, pulp & paper, electronics, agriculture, and oil & gas industries. The company offers chelates through its brand, Reolinx, which is a registered trademark used exclusively for the global distribution of various chelated micronutrients through Yara International ASA. The company has a presence in over 80 countries.

Nufarm

Nufarm is engaged in the production and marketing of agricultural chemicals and crop protection products. The company operates through two business divisions, namely crop protection and seed technologies. It offers herbicides, insecticides, fungicides, plant growth regulators, spray tech sprayers, and turf maintenance products.

The company provides specialty fertilizers, such as liquid fertilizers, controlled-release fertilizers, and micronutrient products. It has a diversified range of products that deliver solutions and improve yields across a wide range of crops and market segments. Nufarm operates in Australia & New Zealand, North and South America, Europe, and Asia Pacific, with production plants in about 14 countries, and sells its products in over 100 countries.

Market Ranking

The growing need for scientifically proven crop nutrition, with a view to improving crop quality and sustainability, is fueling the expansion of the market. The growing realization among stakeholders, including farmers and the agri-industry, to enhance the quality of crop and sustainability parameters has significantly driven the demand for next-generation chelated micronutrients, especially in cereals, fruits & vegetables, oilseeds, and commercial crops. Innovations and improvements in chelated micronutrients continue to be a prime area of focus to address ongoing demands and trends in the agricultural sector. The list of major players in the chelated agriculture micronutrients market is comprised of BASF SE (Germany), Nouryon (Netherlands), Nufarm (Australia), and Yara International ASA (Norway). They continue to capitalize on R&D, favorable distributions, and partnerships with farmers/agri-business to provide value-enhanced solutions, including increased yields, greater efficiency, and longer-term sustainability of land quality, in pursuit of overall sustainability goals and objectives.

Related Reports:

Chelated Agriculture Micronutrients Market by Type (Zinc, Boron, Iron, Manganese, Molybdenum, Copper), Mode of Application (Soil, Foliar, Fertigation), Crop Type, and Region – Global Forecast to 2030

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