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High-Value Crops Accelerate Demand in Americas & Europe Micronutrients Market
The Americas & Europe agricultural micronutrients market is emerging as a critical segment within the broader agricultural inputs space. Micronutrients trace elements such as zinc, iron, manganese, copper, boron, and molybdenum are indispensable for various physiological and biochemical processes in plants. In both the Americas and Europe, growing awareness about soil micronutrient deficiencies, coupled with the push for increased food yields and sustainable farming, are driving adoption of micronutrient-enriched fertilizers and formulations.
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According to DataM Intelligence / press sources, the North America & Europe agricultural micronutrients market was valued at approximately USD 5.80 billion in 2022 and is projected to reach about USD 9.5 billion by 2031, reflecting a compound annual growth rate (CAGR) of around 6.5% during 2024-2031. This strong growth is underpinned by increased investment in precision farming, government programs encouraging nutrient-balanced fertilization, and intensification of specialty crops (fruits, vegetables, high-value grains). Within the region, North America (especially the U.S.) stands out as the leading market due to advanced soil testing, adoption of smart agriculture technologies, and high spending power among large commercial farms.
Key Highlights from the Report
➤ Zinc remains the dominant product segment in the region, owing to common soil zinc deficiency.
➤ Foliar application is a preferred method in high-value crops across Europe and North America.
➤ Europe’s regulatory push for sustainable agriculture is accelerating micronutrient uptake.
➤ Leading players are investing in R&D for chelated and micronutrient blends to improve bioavailability.
Market Segmentation
The market segmentation for agricultural micronutrients in the Americas & Europe is structured along product type, application method, and crop type.
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By product type: Zinc leads the pack, given widespread zinc deficiency in soils and its established benefits in crop enzyme function and stress tolerance. Other notable segments include iron, boron, manganese, copper, and molybdenum. Chelated forms (e.g. EDTA, EDDHA) are growing faster due to better solubility and uptake.
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By application method:
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Foliar application is especially popular in horticultural and specialty crop cultivation because of its fast plant uptake and ability to correct acute deficiencies.
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Soil application remains important for staple crops like cereals, oilseeds, and pulses, especially in large-acre fields.
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Fertigation (through irrigation systems) is gaining traction in regions with controlled irrigation networks (e.g. parts of the U.S. and Spain).
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By crop type:
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Cereals & grains (maize, wheat, barley, etc.) constitute the largest volume demand given their broad acreage.
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Horticulture & specialty crops (fruits, vegetables, high-value cash crops) are a fast-growing segment given farmers’ willingness to invest in yield and quality.
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Oilseeds & pulses also absorb a significant share, especially in regions like Brazil, Argentina, and parts of Europe.
This multi-dimensional segmentation helps stakeholders tailor strategies to target high growth subsegments and application niches in the region.
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Regional Insights
North America
The U.S. and Canada lead the region, with the U.S. being the largest single market. The adoption of precision agriculture tools (soil sensors, drones, variable-rate application) has made micronutrient supplementation more efficient and data-driven. In the U.S., major row crops like corn, soybean, and wheat are becoming more micronutrient-aware, pushing demand for zinc and boron blends.
Europe
European markets (Germany, France, Spain, Italy, the U.K.) are witnessing growth driven by regulatory emphasis on soil health, reduced chemical input usage, and sustainable agriculture grants. Many EU nations require balanced fertilization and promote micronutrient use in public agricultural policies. In southern European countries with intensive horticulture (Spain, Italy), foliar micronutrients are increasingly prevalent.
Latin America / South America (Americas side)
While the U.S. and Canada dominate North America, in Latin America, nations like Brazil, Argentina, and Mexico are rapidly increasing micronutrient adoption. Soil nutrient depletion, especially zinc and boron deficiencies, is widespread in these countries. Large scale cultivation of soybean, sugarcane, maize, and tropical fruits drives demand for micronutrient fertilizers. The cost-sensitivity of farmers in some parts presents a mix of challenges and opportunities.
Market Dynamics
Market Drivers
A key driver is the rising global demand for food linked to population growth, which pushes farmers to intensify productivity per hectare. Soil degradation and micronutrient depletion from repeated macro-nutrient use further compel supplementation. Adoption of precision agriculture, along with government subsidy programs and incentives for sustainable farming, accelerates uptake in both Americas and Europe.
Market Restraints
On the flip side, high formulation costs especially for chelated and specialty micronutrients can deter smaller or resource-constrained farmers. Lack of awareness about micronutrient benefits in certain regions remains a bottleneck. Additionally, volatility of raw material prices and supply chain disruptions can hinder stable growth.
Market Opportunities
Sustainable agriculture and organic farming provide major growth avenues. Chelated, bio-based, and nano-micronutrient technologies are emerging as differentiators. Precision delivery systems and integration with digital agri-platforms (soil sensors, satellite data) can unlock more efficient nutrient management. Also, premium markets in Europe for quality produce create demand for value-added micronutrient formulations.
Reasons to Buy the Report
✔ Understand the current market value and future projections (2022 to 2031) for Americas & Europe.
✔ Deep segmentation by product, application, crop enables strategic targeting.
✔ Region-by-region insights on trends, drivers, and challenges.
✔ Competitive analysis of key players and their strategies in micronutrient fertilizers.
✔ Identification of emerging opportunities (bio-based, chelated, precision delivery).
Frequently Asked Questions (FAQs)
◆ How big is the Americas & Europe agricultural micronutrients market in value terms?
◆ Which regions in America and Europe are driving the most growth?
◆ What is the projected CAGR of the agricultural micronutrients market to 2031?
◆ Which product segment leads the micronutrients market in these regions?
◆ What opportunities exist in sustainable and precision micronutrient solutions?
Company Insights
Some of the leading players operating in the Americas & Europe agricultural micronutrients market include:
• BASF SE
• Nutrien Ag Solutions (Nutrien Ltd.)
• The Mosaic Company
• Yara International ASA
• Valagro S.p.A
• Stoller USA, Inc.
• Nouryon
Recent Developments:
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In August 2025, Mosaic announced a USD 45 million investment to expand micronutrient fertilizer production capacity in Iowa and Florida.
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In July 2025, Corteva launched the “NutriMax” multi-micronutrient blend tailored for corn and soybean growers in the U.S. Midwest.
Conclusion
With a valuation of roughly USD 5.80 billion in 2022 and an expected rise to about USD 9.5 billion by 2031 in the Americas & Europe region, the agricultural micronutrients market presents a compelling growth story. Driven by soil health concerns, precision farming, regulatory support, and the demand for higher yields, micronutrients are fast becoming integral to modern agriculture. Stakeholders focusing on product innovation, digital delivery systems, and regional customization stand to reap significant gains in this expanding market.