Agricultural Micronutrients Market

The agricultural micronutrients market is estimated to be USD 5.39 billion in 2025 and is projected to reach USD 8.19 billion by 2030, at a CAGR of 8.6%. The agricultural micronutrient market is growing steadily as the trend toward balanced crop nutrition continues. The importance of certain agricultural micronutrients, such as zinc, boron, iron, manganese, copper, and molybdenum, is increasingly recognized for their role in maintaining crop metabolism, nutrient uptake, resistance, and yield. Market growth is also impacted by the use of new crop formulation technology, such as chelated micronutrients, which are more stable, highly bioavailable, and deliver nutrients effectively regardless of soil and climatic conditions. Soil, foliar, and fertigation dosing is also gaining favor as a segment of precision agriculture practices. Also, rising attention to sustainable agricultural practices, the efficient use of fertilizer, and government regulations and policies shaping agricultural practices are emphasizing the use of micronutrient fertilizers as a necessary tool to enhance agricultural practices worldwide.

BASF SE (Germany), Nouryon (Netherlands), Nufarm (Australia), Yara International ASA (Norway), Coromandel International Limited (India), Land O’Lakes, Inc. (US), Helena Agri-Enterprises, LLC (US), The Mosaic Company (US), Haifa Negev Technologies Ltd (Israel), Manvert (Spain), Syngenta AG (Switzerland), Zuari Agrochemicals Ltd (India), Stoller Enterprises, Inc. (US), Balchem Corp. (US), and ATP Nutrition (Canada) are the key players.

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These companies are working to enhance their market presence through portfolio expansion, innovative product development, partnership building, and geographic expansion, with a primary emphasis on highly efficient, specialty micronutrient crop formulations. For instance, in May 2024, Yara entered into a strategic partnership agreement with BASF to co-develop next-generation micronutrient fertilizers to improve nutrient efficiency and sustainability in crop production. Also, in October 2025, Yara South Asia announced plans to launch advanced micronutrient and integrated nutrient management products in the coming years to support sustainable agriculture in emerging markets. The emphasis on developing chelated crop micronutrient formulations, customized crop nutrition, and flexibility to accommodate new application methods, such as fertigation and foliar application, remains a prime consideration.

BASF SE

BASF SE is the world’s leading chemical company that produces a wide range of products. It operates through five segments, namely, Chemicals, Agricultural Solutions, Performance Products, Functional Materials & Solutions, and Others. BASF SE’s agriculture segment includes functional crop care, biotechnology, turf, ornamentals & landscape, pest control, and animal nutrition. The company offers a broad portfolio of chelated micronutrient products under its Agricultural Solutions segment. 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. It 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 it an independent, leading global specialty chemical supplier. The company manufactures products such as polymer chains, ethylene, and sulfur derivatives; bleaching and oxidizing chemicals and technologies; chelating agents; surfactants & polymers; salt, chlorine & caustic products; and other performance chemicals. The company supplies its products to the food, paints & coatings, pulp & paper, electronics, agriculture, and oil & gas industries. It offers chelates under its Reolinx brand, a registered trademark used exclusively for the global distribution of various chelated micronutrients by Yara International ASA. The company has a presence in over 80 countries.

Nufarm

Nufarm primarily produces and markets agricultural chemicals and crop protection products. The company operates through two business segments—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, including liquid, controlled-release, and micronutrient products. It offers a diverse product line that delivers solutions and improves 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

Market growth is driven by demand for science-validated crop nutrition products intended to improve crop health, nutrient utilization efficiency, tolerance to abiotic stress, and overall crop yield potential. Growing market pressures to improve crop productivity and quality, and to address micronutrient deficiencies, have led to increased acceptance of new-generation micronutrient products. Therefore, as demand for high-quality cereals, fruits & vegetables, oilseeds, and commercial crops continues to increase globally, more farmers have been adopting micronutrient products as part of fertilizer programs to meet higher crop quality and sustainability standards. There is constant innovation in chelated micronutrient products to meet market demands.

The agricultural micronutrients market is consolidated, with key players including BASF SE (Germany), Nouryon (Netherlands), Nufarm (Australia), Yara International ASA (Norway), and Coromandel International Limited (India). These market leaders are leveraging strong R&D capabilities, extensive distribution networks, and long-term relationships with farmers, distributors, and agribusiness partners to develop value-enhanced solutions for agricultural micronutrients that improve crop yields, efficiency of use, and long-term soil health, in line with sustainable agriculture and environmental priorities. Market leaders are emphasizing enhanced innovative solutions for agricultural micronutrients to improve yield and efficacy in line with value-driven consumer expectations and population demands.

Related Reports:

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

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