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
|
|
|
Segmental Data Insights |
|
|
Demand Trends |
|
|
Competitive Landscape |
|
|
Strategic Development |
|
|
Future Outlook & Opportunities |
|
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.
Amit Noam, CEO of Lavie Bio said, "We are very proud of the collaborations' significant progress, which was achieved by leveraging artificial intelligence to drive rapid advancements in our research, Using ICL's deep agricultural expertise has been essential in focusing Lavie Bio's discovery efforts and has enabled us to advance to field trials in multiple target geographies quickly. Our team did a remarkable job of pushing our discovery process and platform to new heights, continuously improving computational accuracy and reducing both the time and cost to market for our novel products."
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
|
Detail |
|
|
Market Size in 2025 |
USD 6.2 Bn |
|
Market Forecast Value in 2035 |
USD 12.1 Bn |
|
Growth Rate (CAGR) |
6.9% |
|
Forecast Period |
2026 – 2035 |
|
Historical Data Available for |
2021 – 2024 |
|
Market Size Units |
US$ Billion for Value Kilo Tons for Volume |
|
Report Format |
Electronic (PDF) + Excel |
|
North America |
Europe |
Asia Pacific |
Middle East |
Africa |
South America |
|
|
|
|
|
|
|
Companies Covered |
|||||
|
|
|
|
|
|
Micronutrient-Fertilizers-Market Segmentation and Highlights
|
Segment |
Sub-segment |
|
Micronutrient Fertilizers Market, By Product Type |
|
|
Micronutrient Fertilizers Market, By Form |
|
|
Micronutrient Fertilizers Market, By Crop Type |
|
|
Micronutrient Fertilizers Market, By Formulation |
|
|
Micronutrient Fertilizers Market, By Distribution Channel
|
|
|
Micronutrient Fertilizers Market, By End-users
|
|
Frequently Asked Questions
The global micronutrient fertilizers market was valued at USD 6.2 Bn in 2025.
The global micronutrient fertilizers market industry is expected to grow at a CAGR of 6.9% from 2026 to 2035.
Micronutrient fertilizer market demand is driven by rising soil nutrient depletion, expansion of high-yield crops, precision farming adoption, greater focus on crop quality, supportive government programs, and growing need for nutrient-dense food.
In terms of product type, zinc is the segment accounted for the major share in 2025.
Asia Pacific is a more attractive region for vendors.
Key players in the global micronutrient fertilizers market include Agrium Inc., AgroLiquid, Baicor LC, BASF SE, Brandt Consolidated Inc., Compass Minerals International, Coromandel International Limited, Haifa Group, Helena Agri-Enterprises LLC, ICL Fertilizers, Koch Agronomic Services, Micromix Plant Health Ltd., Nufarm Limited, Nutrien Ltd., Sapec Agro SA, Stoller USA Inc., The Mosaic Company, Valagro SpA, Yara International ASA, Zuari Agro Chemicals Ltd., and Other Key Players.
Our research design integrates both demand-side and supply-side analysis through a balanced combination of primary and secondary research methodologies. By utilizing both bottom-up and top-down approaches alongside rigorous data triangulation methods, we deliver robust market intelligence that supports strategic decision-making.
MarketGenics' comprehensive research design framework ensures the delivery of accurate, reliable, and actionable market intelligence. Through the integration of multiple research approaches, rigorous validation processes, and expert analysis, we provide our clients with the insights needed to make informed strategic decisions and capitalize on market opportunities.
MarketGenics leverages a dedicated industry panel of experts and a comprehensive suite of paid databases to effectively collect, consolidate, and analyze market intelligence.
Our approach has consistently proven to be reliable and effective in generating accurate market insights, identifying key industry trends, and uncovering emerging business opportunities.
Through both primary and secondary research, we capture and analyze critical company-level data such as manufacturing footprints, including technical centers, R&D facilities, sales offices, and headquarters.
Our expert panel further enhances our ability to estimate market size for specific brands based on validated field-level intelligence.
Our data mining techniques incorporate both parametric and non-parametric methods, allowing for structured data collection, sorting, processing, and cleaning.
Demand projections are derived from large-scale data sets analyzed through proprietary algorithms, culminating in robust and reliable market sizing.
The bottom-up approach builds market estimates by starting with the smallest addressable market units and systematically aggregating them to create comprehensive market size projections.
This method begins with specific, granular data points and builds upward to create the complete market landscape.
Customer Analysis → Segmental Analysis → Geographical Analysis
The top-down approach starts with the broadest possible market data and systematically narrows it down through a series of filters and assumptions to arrive at specific market segments or opportunities.
This method begins with the big picture and works downward to increasingly specific market slices.
TAM → SAM → SOM
While analysing the market, we extensively study secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial report. Secondary sources that we utilize are not only the public sources, but it is combination of Open Source, Associations, Paid Databases, MG Repository & Knowledgebase and Others.
- Company websites, annual reports, financial reports, broker reports, and investor presentations
- National government documents, statistical databases and reports
- News articles, press releases and web-casts specific to the companies operating in the market, Magazines, reports, and others
- We gather information from commercial data sources for deriving company specific data such as segmental revenue, share for geography, product revenue, and others
- Internal and external proprietary databases (industry-specific), relevant patent, and regulatory databases
- Governing Bodies, Government Organizations
- Relevant Authorities, Country-specific Associations for Industries
We also employ the model mapping approach to estimate the product level market data through the players product portfolio
Primary research/ interviews is vital in analyzing the market. Most of the cases involves paid primary interviews. Primary sources includes primary interviews through e-mail interactions, telephonic interviews, surveys as well as face-to-face interviews with the different stakeholders across the value chain including several industry experts.
| Type of Respondents | Number of Primaries |
|---|---|
| Tier 2/3 Suppliers | ~20 |
| Tier 1 Suppliers | ~25 |
| End-users | ~25 |
| Industry Expert/ Panel/ Consultant | ~30 |
| Total | ~100 |
MG Knowledgebase
• Repository of industry blog, newsletter and case studies
• Online platform covering detailed market reports, and company profiles
- Historical Trends – Past market patterns, cycles, and major events that shaped how markets behave over time. Understanding past trends helps predict future behavior.
- Industry Factors – Specific characteristics of the industry like structure, regulations, and innovation cycles that affect market dynamics.
- Macroeconomic Factors – Economic conditions like GDP growth, inflation, and employment rates that affect how much money people have to spend.
- Demographic Factors – Population characteristics like age, income, and location that determine who can buy your product.
- Technology Factors – How quickly people adopt new technology and how much technology infrastructure exists.
- Regulatory Factors – Government rules, laws, and policies that can help or restrict market growth.
- Competitive Factors – Analyzing competition structure such as degree of competition and bargaining power of buyers and suppliers.
Multiple Regression Analysis
- Identify and quantify factors that drive market changes
- Statistical modeling to establish relationships between market drivers and outcomes
Time Series Analysis – Seasonal Patterns
- Understand regular cyclical patterns in market demand
- Advanced statistical techniques to separate trend, seasonal, and irregular components
Time Series Analysis – Trend Analysis
- Identify underlying market growth patterns and momentum
- Statistical analysis of historical data to project future trends
Expert Opinion – Expert Interviews
- Gather deep industry insights and contextual understanding
- In-depth interviews with key industry stakeholders
Multi-Scenario Development
- Prepare for uncertainty by modeling different possible futures
- Creating optimistic, pessimistic, and most likely scenarios
Time Series Analysis – Moving Averages
- Sophisticated forecasting for complex time series data
- Auto-regressive integrated moving average models with seasonal components
Econometric Models
- Apply economic theory to market forecasting
- Sophisticated economic models that account for market interactions
Expert Opinion – Delphi Method
- Harness collective wisdom of industry experts
- Structured, multi-round expert consultation process
Monte Carlo Simulation
- Quantify uncertainty and probability distributions
- Thousands of simulations with varying input parameters
Our research framework is built upon the fundamental principle of validating market intelligence from both demand and supply perspectives. This dual-sided approach ensures comprehensive market understanding and reduces the risk of single-source bias.
Demand-Side Analysis: We understand end-user/application behavior, preferences, and market needs along with the penetration of the product for specific application.
Supply-Side Analysis: We estimate overall market revenue, analyze the segmental share along with industry capacity, competitive landscape, and market structure.
Data triangulation is a validation technique that uses multiple methods, sources, or perspectives to examine the same research question, thereby increasing the credibility and reliability of research findings. In market research, triangulation serves as a quality assurance mechanism that helps identify and minimize bias, validate assumptions, and ensure accuracy in market estimates.
- Data Source Triangulation – Using multiple data sources to examine the same phenomenon
- Methodological Triangulation – Using multiple research methods to study the same research question
- Investigator Triangulation – Using multiple researchers or analysts to examine the same data
- Theoretical Triangulation – Using multiple theoretical perspectives to interpret the same data
