Europe Micronutrient Fertilizer Market Size
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2017 - 2030 |
|
Market Size (2024) | USD 1.6 Billion |
|
|
Market Size (2030) | USD 2.38 Billion |
|
Largest Share by Product | Copper |
|
|
CAGR (2024 - 2030) | 6.85 % |
|
Largest Share by Country | France |
|
|
Market Concentration | Low |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in alphabetical order. |
Europe Micronutrient Fertilizer Market Analysis
The Europe Micronutrient Fertilizer Market size is estimated at 1.6 billion USD in 2024, and is expected to reach 2.38 billion USD by 2030, growing at a CAGR of 6.85% during the forecast period (2024-2030).
1.6 Billion
Market Size in 2024 (USD)
2.38 Billion
Market Size in 2030 (USD)
6.08 %
CAGR (2017-2023)
6.85 %
CAGR (2024-2030)
Largest Segment by Type
27.02 %
value share, Copper, 2023
The increased nutrient deficiency in the soil, combined with the rising demand for food crops, is expected to drive the growth of the copper segment in the region.
Fastest Growing Type
7.77 %
Projected CAGR, Manganese, 2024-2030
Increasing recognition of manganese role in enhancing crop health, leading to a rising demand for micronutrient fertilizers containing manganese across the region.
Largest Segment by Crop Type
79.80 %
value share, Field Crops, 2023
The substantial demand for micronutrients in the field crop segment is driven by the high consumption of micronutrients due to the increasing need to improve crop yield.
Largest segment by Country
14.86 %
value share, France, 2023
Factors such as soil degradation, increased awareness of nutrient deficiency in soils, and the need to improve productivity have led to an increased demand for micronutrients.
Leading Market Player
13.74 %
market share, Yara International ASA, 2022
The leading position of Yara International is attributed to strategic initiatives, including expansion, merger & and acquisition and high market penetration.
Zinc dominates the micronutrient fertilizers market in the region
- In Europe, Russia accounted for the majority of micronutrient fertilizers, holding 24.2% of the value of Europe's micronutrient fertilizer market. Moreover, it is anticipated to register a CAGR of 7.0% between 2023 and 2030.
- By form, the specialty type micronutrient market was the largest in 2022, accounting for 62.6% of the market value, and was majorly applied to field crops at 87.0%. With increased technological and scientific advancements, specialty fertilizer applications are primarily used for field crops. The conventional type fertilizer micronutrient market accounted for 37.3%, and this fertilizer application was majorly applied to field crops at 88.8%.
- By nutrient type, zinc dominated the micronutrient fertilizers market in the region, accounting for 29.2% of the market value in 2022. Zinc is a major component of plant enzyme systems. Zinc aids in the activation of various types of enzymes, boosting carbohydrate metabolism, followed by copper at 26.4%, and molybdenum accounting for 15.7%. Micronutrient fertilizers are mostly applied through foliar application in the region, accounting for 65.0% of the market value in 2022, followed by fertigation at 34.9%.
- Micronutrient deficiency in plants and soil has been steadily increasing and has become a major cause of concern in the European Union. Factors such as depleting soil health, steadily increasing area under high-value crops, the requirement for higher productivity, and improved awareness about advanced fertilizers and their increasing adoption are expected to drive the regional market for micronutrient fertilizers between 2023 and 2030.
Understand The Key Trends Shaping This Market
Download PDF
France is the largest micronutrient fertilizer market in the European region.
- In 2022, France held the top spot in the Europe's micronutrient fertilizer market, commanding a significant 14.1% value share, equivalent to USD 218.4 million. French farmers are increasingly recognizing the significance of micronutrient deficiencies in their soils, leading to a surge in demand for these fertilizers.
- Russia emerged as the leading micronutrient fertilizer market in Europe, capturing a market share of 9.6% and a value of USD 149.3 million in 2022. Among the micronutrients, zinc-based fertilizers dominated the Russian market, comprising 28.2% of the total volume.
- Ukraine accounted for 13.8% of the European micronutrient fertilizer market, valued at USD 214.1 million in 2022. The country consumed 61.2 thousand metric tons of these fertilizers in the same year. Notably, the Ukrainian market has exhibited consistent growth, even amidst the challenges posed by the COVID-19 pandemic.
- Europe's micronutrient fertilizer consumption might face headwinds from heatwaves and an ongoing energy crisis. However, the market is poised for growth, driven by farmers' increasing embrace of advanced technologies and fertilizers, particularly specialty micronutrient variants.
- The European micronutrient fertilizer market is set to be propelled by factors such as deteriorating soil health, expanding cultivation of high-value crops, the pursuit of enhanced productivity, and the growing availability of fertilizers.
Europe Micronutrient Fertilizer Market Trends
The cultivation area of field crops is steadily rising to meet domestic needs and export demand
- Field crops, such as rapeseed, wheat, rye, and triticale, are the main winter crops in Europe, while maize, sunflowers, rice, and soybean are summer crops. Both winter and spring types of barley are widely available. The area harvested under major food crops in Europe has been steadily increasing, primarily due to the growing population and increasing demand for food grains. Field crops accounted for 78.5 thousand ha in 2017, which increased to 108 thousand ha in 2022.
- The European Union harvested 282.7 million tons of common wheat in 2022, the equivalent of 54.0% of all cereal grains harvested. This was 11.0 million tons more than in 2020, an increase of 9.3%. This upturn reflected a rise in the area harvested (up 5.6% to 21.8 million hectares) and improved apparent yields.
- Between 2019 and 2022, there was a notable 34% decline in the harvested area within the region. Despite this overall reduction, the areas dedicated to corn/maize and wheat cultivation experienced increases of 11% and 2%, respectively, while the acreages for other field crops decreased during the same period. It is anticipated that farmers will augment their fertilizer usage during the 2023-2030 period, aiming to enhance yields and mitigate the impact of the overall decrease in harvested areas observed in recent years.
- Therefore, with rising pressure on farmers to improve yield and grain production to meet the growing demand and with the overall field crop cultivation area increasing, the fertilizer market is expected to grow significantly during the 2023-2030.
Understand The Key Trends Shaping This Market
Download PDF
Zinc has become the most used micronutrient fertilizer in the region
- Micronutrient deficiencies in European soils stem from factors such as leaching losses, excessive rainfall, and shallow soil profiles. In 2022, the average application of micronutrients for field crops in Europe stood at 3.85 kg/hectare. In 2022, zinc, copper, iron, manganese, and boron commanded the highest market values, with shares of 38.28%, 25.09%, 13.68%, 11.68%, 4.168%, and 0.021%, respectively. Manganese, with an average application rate of 9.33 kg/ha, led the pack, accounting for 11.68% of the total micronutrient fertilizer consumption in the region. Its scarcity severely hampers the production of key field crops like soy, wheat, sugarcane, and maize.
- Among the crops, wheat, sorghum, soybean, and cotton were the major consumers of micronutrient fertilizers, while corn and rice had a smaller share. In 2022, wheat topped the charts, consuming 11.54 kg/ha of manganese, 5.87 kg/ha of zinc, and 6.60 kg/ha of copper. Zinc emerged as the most widely used micronutrient fertilizer in the region, accounting for 38.28% of the total consumption in 2022, with an average application rate of 5.72 kg/ha. Copper, iron, and boron followed with average application rates of 6.31, 3.70, and 1.50 kg/ha, respectively.
- Micronutrients play a crucial role in providing balanced nutrition to crops, and their deficiency can hinder crop growth. As a result, the market for micronutrient fertilizers in Europe is witnessing growth, significantly fueled by the escalating prevalence of soil micronutrient deficiencies.
Understand The Key Trends Shaping This Market
Download PDF
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Climate change and extreme weather conditions are the major challenges in the expansion of horticulture cultivation
- Russia holds a major irrigation area in Europe, with 21.6% in 2022
- Manganese deficiency is a common problem in sandy soils and organic soils with a pH above 6
Europe Micronutrient Fertilizer Industry Overview
The Europe Micronutrient Fertilizer Market is fragmented, with the top five companies occupying 21.44%. The major players in this market are Grupa Azoty S.A. (Compo Expert), Kingenta Ecological Engineering Group Co., Ltd., Sociedad Quimica y Minera de Chile SA, Trade Corporation International and Yara International ASA (sorted alphabetically).
Europe Micronutrient Fertilizer Market Leaders
Grupa Azoty S.A. (Compo Expert)
Kingenta Ecological Engineering Group Co., Ltd.
Sociedad Quimica y Minera de Chile SA
Trade Corporation International
Yara International ASA
Other important companies include AGLUKON Spezialduenger GmbH & Co., Fertiberia, Haifa Group, Valagro, Verdesian Life Sciences.
*Disclaimer: Major Players sorted in alphabetical order.
Need More Details on Market Players and Competitors?
Download PDF
Europe Micronutrient Fertilizer Market News
- March 2022: The Haifa Group entered a purchase agreement with HORTICOOP BV to acquire Horticoop Andina, the distributor of nutritional products for agriculture. Through this acquisition of the brand, Haifa intends to expand its market presence in the Latin market and strengthen its position as a global superbrand in advanced plant nutrition.
- January 2022: Yara and Lantm盲nnen signed a commercial agreement to bring 鈥済reen鈥� fertilizers to the market. Produced with renewable energy, these green nitrogen fertilizers are vital to decarbonizing the food chain and offering consumers more sustainable food choices.
- February 2021: The Haifa Group has entered into an agreement with AgriIOT and Hiafa to invest USD 2 million in AgriIOT against nearly 30% of the company and global exclusive distribution rights. This agreement will help Haifa to use the AgriIOT technology to identify the deficiencies in the crop in a simple and precise manner for their customers.
Free with this Report
Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.
Europe Micronutrient Fertilizer Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥�
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Acreage Of Major Crop Types
2.1.1. Field Crops
2.1.2. Horticultural Crops
2.2. Average Nutrient Application Rates
2.2.1. Micronutrients
2.2.1.1. Field Crops
2.2.1.2. Horticultural Crops
2.3. Agricultural Land Equipped For Irrigation
2.4. Regulatory Framework
2.5. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Product
3.1.1. Boron
3.1.2. Copper
3.1.3. Iron
3.1.4. Manganese
3.1.5. Molybdenum
3.1.6. Zinc
3.1.7. Others
3.2. Application Mode
3.2.1. Fertigation
3.2.2. Foliar
3.2.3. Soil
3.3. Crop Type
3.3.1. Field Crops
3.3.2. Horticultural Crops
3.3.3. Turf & Ornamental
3.4. Country
3.4.1. France
3.4.2. Germany
3.4.3. Italy
3.4.4. Netherlands
3.4.5. Russia
3.4.6. Spain
3.4.7. Ukraine
3.4.8. United Kingdom
3.4.9. Rest of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. AGLUKON Spezialduenger GmbH & Co.
4.4.2. Fertiberia
4.4.3. Grupa Azoty S.A. (Compo Expert)
4.4.4. Haifa Group
4.4.5. Kingenta Ecological Engineering Group Co., Ltd.
4.4.6. Sociedad Quimica y Minera de Chile SA
4.4.7. Trade Corporation International
4.4.8. Valagro
4.4.9. Verdesian Life Sciences
4.4.10. Yara International ASA
5. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- CULTIVATION OF FIELD CROPS IN HECTARE, EUROPE, 2017 - 2022
- Figure 2:
- CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, EUROPE, 2017 - 2022
- Figure 3:
- CONSUMPTION OF MICRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 4:
- CONSUMPTION OF MICRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, EUROPE, 2022
- Figure 5:
- AGRICULTURAL LAND EQUIPPED FOR IRRIGATION IN HECTARE, EUROPE, 2022
- Figure 6:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 7:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 8:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY PRODUCT IN METRIC TON, EUROPE, 2017 - 2030
- Figure 9:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY PRODUCT IN USD, EUROPE, 2017 - 2030
- Figure 10:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY PRODUCT IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 11:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY PRODUCT IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 12:
- BORON FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 13:
- BORON FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 14:
- BORON FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 15:
- COPPER FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 16:
- COPPER FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 17:
- COPPER FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 18:
- IRON FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 19:
- IRON FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 20:
- IRON FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 21:
- MANGANESE FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 22:
- MANGANESE FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 23:
- MANGANESE FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 24:
- MOLYBDENUM FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 25:
- MOLYBDENUM FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 26:
- MOLYBDENUM FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 27:
- ZINC FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 28:
- ZINC FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 29:
- ZINC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 30:
- OTHERS FERTILIZER CONSUMPTION IN METRIC TON, EUROPE, 2017 - 2030
- Figure 31:
- OTHERS FERTILIZER CONSUMPTION IN USD, EUROPE, 2017 - 2030
- Figure 32:
- OTHERS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 33:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY APPLICATION MODE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 34:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY APPLICATION MODE IN USD, EUROPE, 2017 - 2030
- Figure 35:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY APPLICATION MODE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 36:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY APPLICATION MODE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 37:
- FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 38:
- FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 39:
- FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 40:
- FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 41:
- FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 42:
- FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 43:
- SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, EUROPE, 2017 - 2030
- Figure 44:
- SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, EUROPE, 2017 - 2030
- Figure 45:
- SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, EUROPE, 2023 VS 2030
- Figure 46:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, EUROPE, 2017 - 2030
- Figure 47:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY CROP TYPE IN USD, EUROPE, 2017 - 2030
- Figure 48:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 49:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 50:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, EUROPE, 2017 - 2030
- Figure 51:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, EUROPE, 2017 - 2030
- Figure 52:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 53:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, EUROPE, 2017 - 2030
- Figure 54:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, EUROPE, 2017 - 2030
- Figure 55:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 56:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, EUROPE, 2017 - 2030
- Figure 57:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, EUROPE, 2017 - 2030
- Figure 58:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, EUROPE, 2023 VS 2030
- Figure 59:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY COUNTRY IN METRIC TON, EUROPE, 2017 - 2030
- Figure 60:
- MICRONUTRIENTS FERTILIZER CONSUMPTION BY COUNTRY IN USD, EUROPE, 2017 - 2030
- Figure 61:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 62:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY COUNTRY IN %, EUROPE, 2017 VS 2023 VS 2030
- Figure 63:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, FRANCE, 2017 - 2030
- Figure 64:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, FRANCE, 2017 - 2030
- Figure 65:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, FRANCE, 2023 VS 2030
- Figure 66:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, GERMANY, 2017 - 2030
- Figure 67:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, GERMANY, 2017 - 2030
- Figure 68:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, GERMANY, 2023 VS 2030
- Figure 69:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, ITALY, 2017 - 2030
- Figure 70:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, ITALY, 2017 - 2030
- Figure 71:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, ITALY, 2023 VS 2030
- Figure 72:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, NETHERLANDS, 2017 - 2030
- Figure 73:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, NETHERLANDS, 2017 - 2030
- Figure 74:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, NETHERLANDS, 2023 VS 2030
- Figure 75:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
- Figure 76:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
- Figure 77:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
- Figure 78:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, SPAIN, 2017 - 2030
- Figure 79:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, SPAIN, 2017 - 2030
- Figure 80:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, SPAIN, 2023 VS 2030
- Figure 81:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, UKRAINE, 2017 - 2030
- Figure 82:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, UKRAINE, 2017 - 2030
- Figure 83:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UKRAINE, 2023 VS 2030
- Figure 84:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, UNITED KINGDOM, 2017 - 2030
- Figure 85:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, UNITED KINGDOM, 2017 - 2030
- Figure 86:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, UNITED KINGDOM, 2023 VS 2030
- Figure 87:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, REST OF EUROPE, 2017 - 2030
- Figure 88:
- MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, REST OF EUROPE, 2017 - 2030
- Figure 89:
- MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, REST OF EUROPE, 2023 VS 2030
- Figure 90:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, EUROPE, 2017 - 2030
- Figure 91:
- EUROPE MICRONUTRIENT FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 92:
- MARKET SHARE OF MAJOR PLAYERS IN %, EUROPE, 2022
Europe Micronutrient Fertilizer Industry Segmentation
Boron, Copper, Iron, Manganese, Molybdenum, Zinc, Others are covered as segments by Product. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. France, Germany, Italy, Netherlands, Russia, Spain, Ukraine, United Kingdom are covered as segments by Country.
- In Europe, Russia accounted for the majority of micronutrient fertilizers, holding 24.2% of the value of Europe's micronutrient fertilizer market. Moreover, it is anticipated to register a CAGR of 7.0% between 2023 and 2030.
- By form, the specialty type micronutrient market was the largest in 2022, accounting for 62.6% of the market value, and was majorly applied to field crops at 87.0%. With increased technological and scientific advancements, specialty fertilizer applications are primarily used for field crops. The conventional type fertilizer micronutrient market accounted for 37.3%, and this fertilizer application was majorly applied to field crops at 88.8%.
- By nutrient type, zinc dominated the micronutrient fertilizers market in the region, accounting for 29.2% of the market value in 2022. Zinc is a major component of plant enzyme systems. Zinc aids in the activation of various types of enzymes, boosting carbohydrate metabolism, followed by copper at 26.4%, and molybdenum accounting for 15.7%. Micronutrient fertilizers are mostly applied through foliar application in the region, accounting for 65.0% of the market value in 2022, followed by fertigation at 34.9%.
- Micronutrient deficiency in plants and soil has been steadily increasing and has become a major cause of concern in the European Union. Factors such as depleting soil health, steadily increasing area under high-value crops, the requirement for higher productivity, and improved awareness about advanced fertilizers and their increasing adoption are expected to drive the regional market for micronutrient fertilizers between 2023 and 2030.
| Product | |
| Boron | |
| Copper | |
| Iron | |
| Manganese | |
| Molybdenum | |
| Zinc | |
| Others |
| Application Mode | |
| Fertigation | |
| Foliar | |
| Soil |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
| Country | |
| France | |
| Germany | |
| Italy | |
| Netherlands | |
| Russia | |
| Spain | |
| Ukraine | |
| United Kingdom | |
| Rest of Europe |
Need A Different Region Or Segment?
Customize Now
Market Definition
- MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
- NUTRIENT TYPES COVERED - Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
- AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
- CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
| Keyword | Definition |
|---|---|
| Fertilizer | Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc. |
| Specialty Fertilizer | Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers. |
| Controlled-Release Fertilizers (CRF) | Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle. |
| Slow-Release Fertilizers (SRF) | Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period. |
| Foliar Fertilizers | Consist of both liquid and water soluble fertilizers applied through foliar application. |
| Water-Soluble Fertilizers | Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application. |
| Fertigation | Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc. |
| Anhydrous Ammonia | Used as fertilizer, directly injected into the soil, available in gaseous liquid form. |
| Single Super Phosphate (SSP) | Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%. |
| Triple Super Phosphate (TSP) | Phosphorus fertilizer containing only phosphorus greater than 35%. |
| Enhanced Efficiency Fertilizers | Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers. |
| Conventional Fertilizer | Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc. |
| Chelated Micronutrients | Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc. |
| Liquid Fertilizers | Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation. |
Need More Details on Market Definition?
Ask a Question
Research Methodology
糖心vlog传媒 follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal聽terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
Get More Details On Research Methodology
Download PDF
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
