Micronutrient Fertilizers Market Size, Share & Trends Analysis Report by Product Type, Form, Crop Type, Formulation, Distribution Channel, End-users, and Geography

Micronutrient Fertilizers Market Size, Share & Trends Analysis Report by Product Type (Zinc, Iron, Manganese, Boron, Copper, Molybdenum, Others), Form, Crop Type, Formulation, Distribution Channel, End-users, and Geography (North America, Europe, Asia Pacific, Middle East, Africa, and South America) – Global Industry Data, Trends, and Forecasts, 2026–2035

Micronutrient Fertilizers Market Size, Share, and Growth

The global micronutrient fertilizers market is experiencing robust growth, with its estimated value of USD 6.2 billion in the year 2025 and USD 12.1 billion by the period 2035, registering a CAGR of 6.9%, during the forecast period. The micronutrient fertilizers market is driven by rising soil nutrient depletion, expanding cultivation of high-value and high-yield crops, and growing adoption of precision farming that enables targeted micronutrient application. Increasing focus on improving crop quality, food nutrition, and productivity, along with supportive government initiatives promoting balanced fertilization, further accelerates demand.   

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The global micronutrient fertilizer market growth is driven by an increase in crop production and the depletion of soil micronutrient since the expanded use of macro nutrients in farming has led to depletion of the necessary trace elements required in crop development. For instance, in July 2024, ICL declared an AI-based collaboration with Lavie Bio in the discovery of microbial solutions that, when combined with fertilizers, increase the uptake of zinc and enhance crop resistance to adverse environmental factors. This collaboration boosts efficiency of micronutrients and adoption of stress-tolerant advanced fertilizer technologies.

In addition, the global micronutrient fertilizers market is driven by improvements in the areas of chelation, nano-formulations, and foliar application technologies, which increase the efficiency of nutrient uptake, lowers application rates, and provides the opportunity to directly correct deficiencies. As an example, in June 2024, Coromandel International launched a nano fertilizer manufacturing plant in Kakinada, India, which includes the production of nano DAP and nano urea, which improve the efficiency of nutrient up-take. These new technologies are enhancing the efficiency of fertilizers and greater use of precision micronutrient solutions.

The global micronutrient fertilizers market presents adjacent opportunities in biofertilizers, foliar sprays, seed treatment solutions, soil conditioners, and precision agriculture technologies. These industries supplement micronutrient applications through improvement of soil, nutrition of crops, and specific delivery. The move to these neighboring markets enhances the general growth potential and promotes integrated and sustainable crop nutrition solutions.

Micronutrient Fertilizers Market Dynamics and Trends

Driver: Precision Agriculture and Nutrient Management Optimization          

• The global micronutrient fertilizers market is expanding strongly owing to precision agriculture that allows applying nutrient management site-specifically through soil tests, tissue testing, and yield mapping, instead of a blanket application, and makes the economically viable micronutrient application more possible.

• Major manufacturers are promoting the advancement of digital diagnostics of micronutrients. For instance, in 2025, Haifa Group became the first AI-driven lab in the world to be certified under ISO 17025, which it earned, receiving the certification of its Croptune AI-powered diagnostic lab. The achievement is also a supporting leadership move to be more precise with micronutrient management and adoption of advanced digital fertilizer solutions.
• Additionally, it can be integrated with farm management information systems to give prescriptive nutrient advice that can be based on crop nutrient loss, yield guidelines, and soil test patterns, deciding the optimum timing and rate of application of micronutrients to maximum effectiveness.
• The structural demand of micronutrient fertilizers is being stimulated by the uptake of precision agriculture, awareness of the importance of micronutrients, and the use of decision-support tools, and promoted through the premiumization of agronomic services based on targeted delivery and integrated services.

Restraint: Low Awareness and Knowledge Gaps in Smallholder Agriculture    

• Farmers in economically disadvantaged nations with limited access to extension services, soil testing, and technical know-how often lack understanding about micronutrient shortages, leading to a global demand for micronutrient fertilizers. The lack of symptomatic deficiencies tends to lead to inadequate appreciation of micronutrient deficiency that constrains the demand expansion in major agricultural fields.  

• For instance, in 2024–2025, zinc-deficient soils on the surface, over 39 percent, and boron-deficient soils, more than 32%, were detected in soils in Uttar Pradesh, India, but many of the smallholder farmers were unaware of these latent yield-limiting deficiencies. Lack of awareness on hidden micronutrient deficiencies by farmers limits market adoption and growth potential.
• Moreover, low utilization of micronutrients and complicated formulation decisions create distribution and quality-management issues in areas with poorly-developed agricultural supply chains, which frequently becomes little or poor-quality products to smallholder farmers.
• Thus, micronutrient fertilizer growth is limited by farmer education gaps, supply chain constraints and reliance on macronutrients in areas that have high agricultural area, though low adoption. 

Opportunity: Biofortification and Nutritional Quality Enhancement      

• The global micronutrient fertilizers market has high growth potential due to biofortification policies that will improve nutritional value of crops, especially zinc and iron in staple crops, as a solution to global micronutrient deficiencies. These initiatives combine food production and human health, which are appealing to sources of development and the government, rather than conventional commercial stimuli.  

• For instance, in August 2024, HarvestPlus collaborated with ICRISAT and CGIAR’s Breeding Resources Initiative to enhance zinc and iron analysis through shared XRF and NIRS services, accelerating global biofortified crop development. This partnership enhances the production of bio fortified foods and consequently more demand of specific micronutrient fertilizers.
• Additionally, premium markets are increasingly preferring nutritionally fortified foods like selenium-enriched wheat, high-zinc rice, and vegetables that are fortified with micronutrients, which allow price-based pricing that can support specific uses of micronutrients.
• The biofortification integrates nutrition security with premium positioning and institutional support, which will lead to market expansion and a rapid shift to sustainable micronutrient adoption.

Key Trend: Sustainable and Organic-Compatible Formulations             

• The global micronutrient fertilizers market is advancing towards sustainable, organic-friendly and environmentally friendly formulations due to the migration of the industry to less impactful nutrient control. These inventions help address the increasing regulations on synthetic inputs and generate better-valued and more premium product divisions.

• For instance, in October 2024, BASF announced that it has entered into an agreement with AgroSpheres to jointly develop sustainable and biologically based crop-nutrition technologies, to assist the industry in moving to environmentally friendly micronutrient systems. The partnership expedites the implementation of low-impact biological nutrition and next-generation micronutrient resolutions.
• Furthermore, nano-formulations, controlled-release technologies considerably reduce the required volumes of applications, which enhances environmental efficiency and reduces labor requirements and equipment utilization. These new-fangled delivery systems do not only comply with the sustainability-oriented production paradigm, but also support economic feasibility in high-labor-cost markets.
• The sustainability transition is pushing the definite division between low-end traditional products and high-end, sustainability-oriented ones, and opening the prospects of next-generation formulations generated to bring together functionality and regulatory and sustainability benefits.

Micronutrient-Fertilizers-Market Analysis and Segmental Data

Zinc Dominate Global Micronutrient Fertilizers Market

• The zinc segment dominates the global micronutrient fertilizers market due to the prevalence of soil deficiencies in major cereal areas, its importance in protein production and grain growth, consistently good yield responses, and amenable economics which favors regular use in commercial agriculture. As an example, in February 2025, Fauji Fertilizer Company introduced Sona Urea Zinc Coated which is a urea granule treated with zinc sulfate, containing both nitrogen and zinc in one product, enhanced-efficiency product.

• Moreover, zinc deficiency has evident visual effects that include retarded growth, retarded maturity, and lower seed set that can make farmers promptly notice and act upon this condition, which facilitates market acceptance. This is in contrast to less pronounced micronutrient deficiencies that need complex diagnostic methods.
• Widespread deficiencies, high yield advantages, visible symptoms, and biofortification advantages underpin zinc’s market leadership and make it a key entry point for broader micronutrient adoption.

 Asia Pacific Leads Global Micronutrient Fertilizers Market Demand

• Asia Pacific leads the global micronutrient fertilizers market is supported by intensive agriculture on limited farm lands, high-value horticultural yielding that demands exact management of micronutrients and government policies encouraging balanced fertilization which aims at correcting the old-fashioned soil micronutrient erosion. As an example, in February 2025, Indian government has launched Soil Health Card Scheme. The scheme offers states to give soil health cards informing farmers on the status of nutrients and the amount of recommended fertilizers required to enhance soil fertility.

• Moreover, the region of the Asian Pacific has the largest production of fruits and vegetables, which makes the micronutrient demand high because precise management of nutrients in horticultural crops is an effective method of preserving the yield, quality, and shelf life. Their high-end market position also helps them to adapt full-fledged fertility programs including regular micronutrient applications.
• The region benefits high capacities of micronutrient production in China and India, which favor effective chain supply and prices. The major manufacturers offer extensive portfolios of micronutrients based on local crop and soil needs that enhance the adoption of the product in the regional market.
• Asia Pacific has intensive farming systems, high-quality horticulture, government-supportive programs, robust manufacturing foundation and sizeable workforce in agriculture, making the region the foremost market and chief force behind the worldwide demand of micronutrient fertilizers.         

Micronutrient-Fertilizers-Market Ecosystem

The global micronutrient fertilizers market is moderately consolidated, with high concentration among key players such as Yara International ASA, The Mosaic Company, Coromandel International Limited, Haifa Group, and ICL Fertilizers, who dominate through large portfolio of products, good distribution channels, strong agronomic support services and long-term investments in crop specific nutrient innovation.

For instance, in 2024-2025, Coromandel international enhanced its nano-fertilizer research development by undertaking pilot studies of the nano-micronutrient formulations and strengthening the controlled-release delivery technologies to aid increased nutrient-use efficiency.

The innovation will improve the efficiency of nutrient use and Coromandel International will be in a position to respond to the increasing demand of high-performance micronutrient solutions.

Recent Development and Strategic Overview:

• In February 2025, Haifa Group declared that it had deployed a state-of-the-art Multicote combination facility in Uberlandia, Brazil. This planned growth strengthens the idea of Haifa to deliver innovative, efficient, and sustainable plant nutrition solutions to the Brazilian growers.

• In December 2024, Yara launched an organic and organo-mineral portfolio, called YaraSuna, which consists of six, high-organic-carbon, and micropelletized formulations, that are made to enhance soil biology and provide balanced nutrition.  

Report Scope

Micronutrient-Fertilizers-Market Segmentation and Highlights