Micronutrients Market Will Rise to a Valuation of Us$7.6 Bn by 2020

Transparency Market

Micronutrients Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 – 2020

Published Date

130 Page Report

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Press Release

Global Micronutrients Market to Exhibit 8.2% CAGR 2014-2020 as
Demand for Improving Crop Yields Gains Strength

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Micronutrients Market


A detailed overview of the global micronutrients market has been given in a recent market research report
published by Transparency Market Research. The report states that the demand to improve food production
volumes so as to sustain the exponentially rising global population is a key driving force for the market.
The market is projected to expand at a healthy 8.2% CAGR from 2014 through 2020. If the prediction holds
true, the market will rise to a valuation of US$7.6 bn by 2020, from US$4.4 bn in 2013.The report is titled
“Micronutrients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.”
Micronutrients are essential nutrients required in small proportions for the proper growth of plants. Even
though they are required in much smaller amounts than macronutrients, deficiency of micronutrients can
lead to stunted growth and diseases/conditions such as yellowing leaves, gummosis, and necrosis. As
many of the crucial micronutrients needed for plants are either deficient or are not proportionately spread
in soils around the world, supplements of the necessary micronutrients are commonly added.
For giving the reader a more comprehensive and clear overview of the global micronutrients market, the
market has been examined from the perspective of five criteria: Product type, application, crop type, form
type, and geography.
On the basis of product...