Agricultural micronutrients market: Savior of diminishing plant productivity

Agricultural micronutrients are requisite plant nutrients detected in trace quantities in tissue by having a crucial role in plant growth and development. In the absence of these nutrients, plant nutrition would be endangered, causing likely diminishing of the productivity of the plant. Plant metabolism, reproductive growth, nutrient adjustment, production of carbohydrates, chlorophyll synthesis, and fruit and seed development in the agricultural micronutrients market are constructive functions enacted by micronutrients.

According to the research report, the global agricultural micronutrients market size & share was valued at USD 4.03 billion in 2021 and is expected to reach USD 8.24 Billion By 2030, growing at a CAGR of 8.7% during the forecast period.

How are agricultural micronutrients made?

Micronutrients such as nitrogen, phosphorous, sulfur, calcium, potassium, and magnesium are crucial for plants. Other micronutrients essential for plants are iron, boron, zinc, and others. They not only satisfy robust growth but assist the garden counter pests and diseases. Adding organic compost is the best long-term way to sustain the soil richness of the garden. Living things can also be added to the compost, such as leaves, grass clippings, table scraps, and plant trimmings. The existence of the compost sanctions that micronutrients are being returned to the soil.

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Functions of micronutrients

·???????Boron: It is crucial for sugar transport, amino acid production, cell wall formation, and crop reproduction. Boron shortages in plants can display several indicators that involve inadequate growth of young crops, a contortion of leaves, end of growing points, dark brown abrasion on leaves, and yellowing of leaves.

·???????Iron: Iron is crucial for producing chlorophyll, photosynthesis, enzyme composition, and impact on energy shifting, reduction of nitrogen, and fixation. The lack of iron in plants hurts younger leaves as it causes yellowing between the veins.

·???????Manganese: It is crucial for plants as it helps in impacting chloroplast production, diligent engagement in the photosynthetic process, and activating enzymes. Lack of manganese may also cause veins yellowing in younger leaves, known as chlorosis.

The importance of agricultural micronutrients

Micronutrients are known to play several intricate roles in plant development and health. Micronutrients advance robust, steady growth of crops that make higher yields and increase the quality of the harvest, accelerating a plant’s genetic potential. Specifically, their presence can have a significant influence on fruit setting and grain filling, root development, seed viability, and plant stamina and health.

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Key Players

Some of the major players operating in the global market include AkzoNobel, ATP Nutrition, Baicor LC, Balchem, BASF SE, BMS Micronutrient NV, Compass Minerals International, Coromandel International Ltd, Corteva Inc, Haifa Group, Helena Chemical Company, Nufarm, Nutrien, Ltd, Sapec SA, Stoller Enterprises Inc, and The Mosaic Company.

Closing thoughts

Biofortification of micronutrients for a spectrum of agricultural crops has become a practical approach for pushing the nutritional profile and making the plants disease resistant. This also helps in the biological growth of plants. The growing trend of biofortification in mungbean, wheat, maize, potato, and sweet potatoes, has assist boost the valuation of the agricultural micronutrients market.?