Market Size of north america micronutrient fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 1.40 Billion |
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Market Size (2030) | USD 2.01 Billion |
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Largest Share by Product | Zinc |
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CAGR (2024 - 2030) | 6.21 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Micronutrient Fertilizer Market Analysis
The North America Micronutrient Fertilizer Market size is estimated at USD 1.40 billion in 2024, and is expected to reach USD 2.01 billion by 2030, growing at a CAGR of 6.21% during the forecast period (2024-2030).
- Largest Segment by Type - Zinc : Zn is the most applied micronutrient fertilizer because of increasing Zn deficiencies in soils of major growing regions and application of Zn is proven to give higher yields.
- Fastest growing 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.
- Largest Segment by Crop Type - Field Crops : Field crops dominate the North American fertilizers market due to the large cultivation area in the region. Field crops account for more than 95% of the total crop area.
- Largest segment by Country - United States : The United States accounts for about 69% of the total agricultural crop area in the region. The country is one of the major producers of fertilizers in North America.
