Europe Micronutrient Fertilizer Market Size

Statistics for the 2023 & 2024 Europe Micronutrient Fertilizer market size, created by Mordor Intelligence™ Industry Reports. Europe Micronutrient Fertilizer size report includes a market forecast to 203 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of europe micronutrient fertilizer Industry

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Europe Micronutrient Fertilizer Market
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2016 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.60 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 2.38 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Product Zinc
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.84 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country Russia

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Europe Micronutrient Fertilizer Market Analysis

The Europe Micronutrient Fertilizer Market size is estimated at USD 1.60 billion in 2024, and is expected to reach USD 2.38 billion by 2030, growing at a CAGR of 6.84% during the forecast period (2024-2030).

  • Largest Segment by Type - Zinc : Wide spread of alkaline and calcareous soils in the region and growing staples like maize, wheat in large area demanding the more zinc micronutrient fertilizers.
  • Fastest growing segment by Type - Boron : The more sandy soils with acidic PH in the region are more suceptable to boron deficiency and high concentration of calcareous soils also affects boron availability in soils
  • Largest Segment by Crop Type - Field Crops : The domination of field crops in Europe Fertilizers market is mainly due to its large cultivation area in the region. They account for more than 95% of total crop area.
  • Largest segment by Country - Russia : Need for high productivity on the available land to meet the growing demand for food which is attributed to growing population.It accounts for about 4.46% of Europe crop area.

Europe Micronutrient Fertilizer Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030