Metal Chelates Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 10.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Metal Chelates Market Analysis
The global metal chelates market is estimated to register a CAGR of 10.2% during the forecast period (2020-2025). Micronutrients are essential irreplaceable nutrients, which play an important role in agriculture, as this helps to increase yield and enhance the quality of products. Plants use these elements in very small quantities and these nutrients are effectively supplied by complexes containing chelated compounds such as EDTA, DTPA, and EDDHA. Micro-nutrients such as iron, manganese, copper, calcium are chelated easily with the metal chelates.
In 2019, the Asia-Pacific region has the highest market value for agriculture chelates due to the increasing demands of micro-nutrients used for organic fruits and vegetables which will drive the metal chelates market during the forecast period.
Metal Chelates Market Trends
This section covers the major market trends shaping the Metal Chelates Market according to our research experts:
Increasing Demand for Good Quality and Higher Crop Yields
As per the report published by Food and Agriculture Organization (FAO), the land equipped for irrigation would expand by some 32 million ha (11 percent), while harvested irrigated land would expand by 17 percent by 2050. All of this increase would be in the developing countries, leading to insufficient nutrient supply to the crops thus, resulting in lower yield crops thereby leading to a lower quality final crop produce among the consumer. This is ever more important as the rising world population reduces the amount of arable land for food production, necessitating the cultivation of poor soils. Application by fertigation – where plant nutrients are supplied in a liquid solution – is key in this segment. Therefore, the application chelated fertilizer improves the bioavailability of micronutrients such as with Iron, Manganese, Zinc, and Copper and in turn contributes to the productivity, nutrient content, and profitability of commercial crop production. Chelated fertilizers have a greater potential to increase commercial yield than regular micronutrients if the crop is grown in low-micronutrient stress or soils with a pH greater than 6.5.
Asia Pacific Region Forecast to Grow With Highest Rate
By geography, Asia Pacific will dominate the market as the awareness of consumption of nutrient products rising sharply. The deficiency of Boron and Zinc are high in most part of the world which in turn affects the productivity and quality of crops. Farmers are now aware of this fact and are using more of chelated micronutrients of zinc and boron. Rise in disposable income, Progressive urbanization, growing population and increasing awareness for nutrition consumption will gear up the future market of metal chelates.Country such as China, India and Australia has good purchasing power and more adaptable to new innovations and technology to drive the food market in future.
Metal Chelates Industry Overview
The greater market share of these players can be attributed to a highly diversified product portfolio and many acquisitions and partnerships taking place. These players are also focusing on R&D, large product portfolio, wide geographical presence, an aggressive acquisition strategy. For example, in 2019, BASF Canada has partnered with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, in order to distribute chelated micronutrient fertilizer products in Canada.
Metal Chelates Market Leaders
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BASF
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Aries Agro
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Haifa Group
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Valagro
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Yara Limited
*Disclaimer: Major Players sorted in no particular order
Metal Chelates Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Industry Attractiveness - Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Crop Type
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5.1.1 Cereals and Grains
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5.1.2 Oil seeds and Pulses
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5.1.3 Fruits and Vegetables
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5.1.4 Others
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5.2 Product Type
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5.2.1 Primary Nutrients
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5.2.2 Secondary Nutrients
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5.2.3 Micro Nutrients
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5.3 Mode of Applications
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5.3.1 Fertigation
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5.3.2 Foliar
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5.3.3 Soil
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5.4 Geography
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5.4.1 North America
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5.4.1.1 United States
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5.4.1.2 Canada
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5.4.1.3 Mexico
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5.4.1.4 Rest of North America
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5.4.2 Europe
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5.4.2.1 Germany
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5.4.2.2 United Kingdom
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5.4.2.3 France
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5.4.2.4 Russia
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5.4.2.5 Spain
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5.4.2.6 Rest of Europe
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5.4.3 Asia Pacific
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5.4.3.1 India
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5.4.3.2 China
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5.4.3.3 Japan
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5.4.3.4 Rest of the Asia-Pacific
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5.4.4 South America
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5.4.4.1 Brazil
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5.4.4.2 Argentina
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5.4.4.3 Rest of South America
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5.4.5 Africa
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5.4.5.1 South Africa
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5.4.5.2 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Most Adopted Strategies
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6.3 Company Profiles
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6.3.1 BASF SE
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6.3.2 Akzo Nobel N.V
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6.3.3 Aries Agro Limited
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6.3.4 Deretil Agronutritional
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6.3.5 Haifa Chemicals Ltd
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6.3.6 Nufarm Limited
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6.3.7 Protex International
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6.3.8 Syngenta AG
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6.3.9 Valagro SPA
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6.3.10 Van Iperen International
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Metal Chelates Industry Segmentation
| Crop Type | |
| Cereals and Grains | |
| Oil seeds and Pulses | |
| Fruits and Vegetables | |
| Others |
| Product Type | |
| Primary Nutrients | |
| Secondary Nutrients | |
| Micro Nutrients |
| Mode of Applications | |
| Fertigation | |
| Foliar | |
| Soil |
| Geography | ||||||||
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Metal Chelates Market Research FAQs
What is the current Global Metal Chelates Market size?
The Global Metal Chelates Market is projected to register a CAGR of 10.20% during the forecast period (2024-2029)
Who are the key players in Global Metal Chelates Market?
BASF, Aries Agro, Haifa Group, Valagro and Yara Limited are the major companies operating in the Global Metal Chelates Market.
Which is the fastest growing region in Global Metal Chelates Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Metal Chelates Market?
In 2024, the North America accounts for the largest market share in Global Metal Chelates Market.
What years does this Global Metal Chelates Market cover?
The report covers the Global Metal Chelates Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Metal Chelates Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Metal Chelates Industry Report
Statistics for the 2024 Global Metal Chelates market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Global Metal Chelates analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
