According to Fact.MR, Insights of Essential Micronutrients Market is a specialized and in-depth study of the industry with a special focus on the Key Trends of Essential Micronutrients Market is a Service. The report aims to provide an overview with detailed segmentation by type, application, end use and geography. The global is expected to witness high growth during the forecast period.
A survey offers detailed analysis on key growth drivers of Essential Micronutrients Market trends accelerating Essential Micronutrients Market sales globally. The survey also gives detailed analysis on the competitive landscape of Essential Micronutrients Market identifying key players and analyzing the impact of their growth strategies.
Key Highlights
- Sales of Essential Micronutrients Market In 2022
- Competitive Analysis of Essential Micronutrients Market
- Demand Analysis of Essential Micronutrients Market
- Key Trends of Supply Side Analysis of Essential Micronutrients Market
- Outlook of Essential Micronutrients Market
- Insights of Essential Micronutrients Market
- Analysis of Essential Micronutrients Market
- Survey of Essential Micronutrients Market
- Size of Essential Micronutrients Market
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Global Essential Micronutrients Market: Opportunity in Agriculture for Improving Productivity
Arable land depletion has recorded a significant pace on the back of intensive cropping, extensive chemical abuse on soil, robust mining of micronutrient reserves. Micronutrients are witnessing a surge in adoption in agricultural sector, as an effective means to enhance productivity and cater growing food demand. Rapid population growth, particularly in developing nations such as India and China has led the governments in these countries to develop new policies apropos food productivity acceleration.
Opportunities for improving productivity lie in the development and application of fertilizers enriched with lacking micronutrients, which in turn concurrently increases efficiency of fertilizers, thereby stimulating its uptake. This further helps in raising farm income through increased productivity, meanwhile slowing down the unabated current expansion of agriculture into natural ecosystems.
Robust Investments in Micronutrient Plants to Augur Well for the Market Growth
Leading players in the essential micronutrients market are making strategic investments for supporting their customers in food and agriculture sectors, and strengthening their leadership in the market. Such investments also underline their commitment to sustainability, and initiatives toward propelling agricultural yields, particularly in regions having poor soil conditions.
Akzo Nobel, in 2017, announced its plans of investing over 10 Mn in Sweden for expanding capacity of its chelated micronutrients, which seek extensive adoption as essential ingredients in agriculture. This project, located at Kvarntorp, caters to surging demand for micronutrients. The expansion primarily involves capacity addition for the high-performance iron chelates, which considerably helps in enhancing the agricultural productivity.
As insufficient iron intake leads to anemia, increases mortality in women & children, and retards brain development, proper supply of iron through food has become an imperative concern among the healthcare systems. As a response to this concern, researchers from the Laboratory of Biotechnology, ETH Zurich, have developed new type of genetically-modified (GM) rice, which contains multiple micronutrients, banking on the fact that rice is a key staple diet of a large population base globally.
Researchers have made improvements in the “Golden Rice”, a GM rice, which is now being employed in breeding programs across several countries such as Southeast Asian nations. The research results have further demonstrated successful combination of several essential micronutrients, such as beta carotene, zinc, and iron, in single rice plant to provide healthy nutrition.
Multidisciplinary research methodologies have been adopted to create an all-embracive analysis of key market data. Multiple parameters have been employed to generate valuable datapoints on the evolving value chain of essential micronutrients. The report has also revealed the current market standings of these players, revealing accurate information on market positioning and competitor analysis. Inferences from the report are aimed to extend the understanding of essential micronutrients manufacturers towards the future of the market.
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A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Reasons why you should buy this report:
Understand the Current and future of the Essential Micronutrients Market in both Established and emerging markets.
The report assists in relocating the business strategies by accentuate the Essential Micronutrients business priorities.
The report throws light on the segment anticipated to dominate the Essential Micronutrients industry and market.
Forecasts the regions expected to perceive ascension.
The newest developments within the Essential Micronutrients industry and details of the industry leaders alongside their market share and methods.
Saves time on the entry-level research as the report contains significant data concentrating growth, size, key players, and segments of the industry.
Save time carrying out entry-level research by characterizing the growth, size, major players and segments within the Global Market.
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