Micronutrients Market - Forecast(2023 - 2028)

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Micronutrients Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• The Micronutrients Market size is estimated to
  reach US11.2 billion by 2027, after growing at a
  CAGR of 9.5 during the forecast period
  2022-2027. Micronutrients play a significant role
  in plant growth in fertilization, flower
  initiations, disease resistance and fruit set.
  Zinc, iron, manganese and chlorine are a few of
  the vital micronutrients for the optimum
  productivity of plants and development. The
  deficit in such micronutrients results in reduced
  productivity and defects in plants. Also,
  micronutrients are the key dietary elements
  required for the proper functioning of the human
  body.

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• Key Takeaways
• The significant increase in demand for boron
  micronutrients owing to its improving functional
  integrity of plant cell membranes is expected to
  provide a significant growth opportunity to
  increase Micronutrients market size in coming
  years. 
• The surge in production of cereals and grains is
  driving the growth of micronutrients market. For
  instance, according to the Ministry of
  Agriculture of India, the production of rice
  accounted for 102.36 million tonnes in 2020-21.

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By Distribution Channel- Segment
Analysis The plant micronutrient segment is
expected to grow at the fastest CAGR of
10.7 during the forecast period in the
Micronutrients Market. Micronutrients are an
essential element for normal plant growth. Most
of the soil provides the required nutrition to
the plants, however, changes in agricultural
methods need the external dose of micronutrients.
Boron is considered one of the most important
nutrients needed for membrane stability which
supports the integrity of plant cell membranes. 
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• Micronutrients
  Market Outlook 
• BASF SE
• AkzoNobel
• Nufarm
• Nutrien Ltd.
• Yara International ASA
• Coromandel International Limited
• Corteva Inc.
• Western Nutrients Corporation
• The Mosaic Company
• Nouryon

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Micronutrients Market - Forecast
(2023 - 2028) Learn More About the Report _at_
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rients-market.html
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• Analyst Briefing
• Data Tables
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