Agricultural Chelates Market Overview
Chelates helps in preventing loss of nutrients by leaching. Chelates increase the mobility of nutrients in soil which enhance the uptake of nutrients by plants. Chelates can be natural or synthetic. Chelating agents are chemical compounds which react with metal ions for forming stable water-soluble complex. Chelating agents has ring-like center which helps in forming two bonds with metal ion and allows to be excreted. Chelating agent in fertilizer is micronutrients which are surrounded by large molecule called as chelator or ligand. Ligands are natural or synthetic chrmicals. EDTA (ethylenediaminetetraacetic acid) chelated fertilizer is used in agriculture which helps in increasing amino acid content of leaves which are more effective than ferrous sulphate. Chelate is a chemical compound which is composed of chelating agent & metal ion. Chelating agent is a multidentate ligand. Ethylenediamine is an example of chelating agent. Agricultural chelates helps in profitability of production of crops and growth of crops. EDTA gives an organic coating to the crops by surrounding inorganic nutrients in plants & ensuring safety of natural nutrients. EDTA (ethylenediaminetetraacetic acid), HEDTA (n-hydroxyethylethylenediaminetriacetic acid), chlorophyll, citric acid, rubeanic acid, and malic acid are some examples of chelating agents. Cilantro is best natural chelating agent. Most commonly used chelating agent is calcium disodium ethylenediamine tetraacetic acid (CaNa2EDTA). Herbal ion chelators are natural ion chelators. Ortho-Ortho EDDHA chelate are best for nutrient uptake. Nitrogen are main nutrients which are needed for growth and development of plant. Chelating agents are organic molecules which can trap or encapsulate metal ions like Fe, Ca, Mg, Mn, Zn, eu, and Co. For reducing toxic effects of metals chelating is important. Importance and benefits in crop production has given positive impact on Agricultural Chelates Market.
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Attributes |
Details |
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Agricultural Chelates Market Value (2022) |
US$ 1.81Bn |
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Agricultural Chelates Market Projected Value (2032) |
US$ 4.4Bn |
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Agricultural Chelates Market CAGR (2022 – 2032) |
8.5% |
Agricultural Chelates Market Dynamics
Rise in demand for food products, rising population, & rate of urbanization
Rise in demand for food products, rising population & rate of urbanization is one of the leading factors for Agricultural Chelates Market. Food is the basic requirement which keep us healthy and to survive. Rising population rapidly has given rise in use of food products. Ready to cook and convenient food are high in demand. Increase in population, industrial development, economic development has caused the increase in demand for food. Rise in transport, globalization, population, economic development has given increase in global food consumption. World population has grown exponentially from last 150 years. Population of Europe is growing by 0.1% per year but African population is increasing by 2.51% per year. Urbanization has given rise in disposable income and processed food products. Due to rate of urbanization people living in urban areas are giving preference for ready to cook & ready to eat food. Increase in online delivery of food from hotels, restaurants due to busy lifestyle, fast and convenient food has increased the demand for food products. To fulfill individual needs food production is more important. Rise in population has given rise in demand for food which has led to farmer to grow higher crop production. Agriculture chelates helps in absorbing nutrients required for growth of plants. Agriculture chelates help in increasing productivity and better growth of crops. Change in pattern & volume of food consumption of many people to superior grains, rapidly growing urbanization due to industrialization has given rise in demand for rice, wheat, against millets. Disposable income has allowed individual to purchase food grains in bulk. Countries like India, South Africa and China are most populated countries in the world where demand for food is high and increasing rapidly. According to CBO’s projections, population has increased in 2022 from 335 million to 369 million till 2052. According to data published by United Nations, about 8.5 billion population may reach till 2030 & increase to 9.7 billion till 2050. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in demand for food products, rising population, and population in urban areas boosts the demand for Agricultural Chelates market.
Restrains:
However, side effects like metal leaching and its effects on soil-organisms, EDGA enhanced metal leaching can lead to ground water pollution, which may somewhat retrain the Agricultural Chelates market growth.
Agricultural Chelates Market Segmentation
Agricultural Chelates Market is segmented based on chelate type, micronutrient, application, and region.
Chelate Type Insight
On the basis of Chelate Type Agricultural Chelates Market is segmented into DTPA (diethylenetriamine pentaacetate), EDTA (ethylenediaminetetraacetic acid) and others. EDTA chelate has dominated the target market growth because it is commonly used and enable the higher absorption of micronutrients in plants by offering strong binding ability.
Micronutrient Insights
On the basis of Micronutrient Agricultural Chelates Market is segmented into Manganese, Zinc, and Iron. Iron micronutrient has dominated the target market growth due to its importance in health and growth of the plant. Iron is most commonly used as micronutrient fertilizer which plays important role in metabolic process like energy transfer, DNA synthesis, photosynthesis and respiration.
Application Insights
On the basis of Application Agricultural Chelates Market is segmented into Fertigation, Foliar, Soil and others. Foliar application has dominated the target market growth because foliar application is better than soil application as it is potential to alleviate nutrient deficiency faster than soil application and can be used successfully for micronutrients and macronutrients. Foliar application provides larger benefits for poor root growth and low-mobile elements in dry soils.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Agricultural Chelates Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, increase in population, increase in demand for food has led to farmer to grow higher crop production, rising focus on development of agricultural product, rising demand for chelates, rising use of fertilizers for protection of crops against plant diseases, innovation of technology in soil testing, verification of micronutrient deficiency in soil is anticipated to increase demand for Agricultural Chelates in the region.
Report Scope:
|
Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
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Market Segmentation |
By Chelate Type - DTPA (diethylenetriamine pentaacetate), EDTA (ethylenediaminetetraacetic acid) and others By Micronutrients - Manganese, Zinc, and Iron. By Application - Fertigation, Foliar, Soil and others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Agricultural Chelates Market report based on chelate type, micronutrients, application, and region:
Agricultural Chelates Market, By Chelate Type:
- DTPA (diethylenetriamine pentaacetate)
- EDTA (ethylenediaminetetraacetic acid)
- Others
Agricultural Chelates Market, By Micronutrients:
- Manganese
- Zinc
- Iron
Agricultural Chelates Market, By Application:
- Fertigation
- Foliar
- Soil
- Others
Agricultural Chelates Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Agricultural Chelates Market Key Players
The key players operating the Agricultural Chelates Market includes,
- BASF SE
BASF SE stands for Badische Anilin und Soda Fabrik. BASF is the largest chemical company in Germany. It carry out activities in R&D (Research & Development), for sustainable & new innovations in agricultural sector.
- The Dow Chemical Company
The Dow Chemical Company, is an American multinational chemical corporation which is headquartered in Midland, Michigan, U.S. The Dow Chemical Company, is the manufacturer of agricultural products, chemicals and plastics.
- Haifa Chemicals Ltd.
Haifa Chemicals Ltd., is a supplier of agricultural chemicals. Haifa Chemicals offer plant nutrition solutions for various crops like corn, almonds, cotton, and tomatoes. It also provides fertilizers and serves customers worldwide.
- Nouryon
Nouryon, is the largest supplier of essential chemicals and provide solutions to paper & pulp industry. Nouryon offers wide range of metal alkyls, organic peroxides, chelating agents and other specialty additives.
- Yara International ASA
Yara International is a Norwegian chemical company. Yara International is a producer, distributor, and seller of nitrogen-based mineral fertilizers and industrial products. Yara International offer products like potash based mineral fertilizers, phosphate, specialty mineral fertilizer product and complex mineral fertilizer product.
- Akzo Nobel
Akzo Nobel, is a Dutch multinational company in creating paints & performance coatings for consumers and industries worldwide. Akzo Nobel is headquartered in Amsterdam. Akzo Nobel, has expanded micronutrient capacity in Europe which has been used as an essential ingredients in agricultural market.
- Valagro S.p.A.
Valagro S.p.A., is a leader in production, commercialization of specialty nutrients and biostimulants. Valagro is the manufacturer of iron chelates and other micronutrients which are essential for plant growth. Valagro also offers water soluble nutritional products.
- Deretil Agronutritional
Deretil Agronutritional, is a developer, manufacturer, and seller of plant nutritional and protection products. Deretil Agronutritional is specialized in manufacturing iron chelates and essential agricultural nutrients in international markets all over the world.
- Innospec
Innospec, is a global supplier of specialty chemicals like wetting agents, specialty solvents, emulsifiers and adjuvants in agrochemical market. Innospec provides high performing, non-biodegradable chelating agents for plant nutrition. Innospec also offer chemicals for construction, home care, personal care, oilfield, metal extraction and fuel.
- Nufarm Ltd.
Nufarm Ltd., is an agricultural chemical company. Nufarm is the manufacturer and marketer of seed technologies and crop protection solutions. Nufarm offer products like fungicides, insecticides and herbicides.
Recent Development:
In August, 2022, Innospec has developed ‘ENVIOMET C’ chelating agent which can readily biodegradable and ecofriendly for agricultural applications. Newly developed ‘ENVIOMET C’ is available in powder and liquid form. ENVIOMET C140 – is aqueous solution trisodium salt of EDDS which is in liquid form, free of foreign material, and soluble in all proportions of water. ENVIOMET C265 – is solid free acid form of EDDS available in white crystalline free flowing powder. ‘ENVIOMET C’ has shown lower impact to plants and terrestrial organisms in toxicity, and it has no detrimental toxic effects on microflora as it is ecofriendly. Newly developed ‘ENVIOMET C’ will help in generating high quality fertilizers which can be used in cropping situations like horticulture, arable crops, seed dressing, ornamental gardens, and orchards. ‘ENVIOMET C’ are used in organic farming due to its biodegradability, and thus recommended for organic certified products. ‘ENVIOMET C’ is approved inert ingredient and authorized chelating agent by Commission Regulation.
Agricultural Chelates Market Company Profile
- Innospec*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- The Dow Chemical Company
- Haifa Chemicals Ltd.
- Nouryon
- Yara International
- Akzo Nobel
- Valagro S.p.A.
- Deretil Agronutritional
- Nufarm Ltd.
“*” marked represents similar segmentation in other categories in the respective section
Agricultural Chelates Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Chelate Type
- Market Snippet, By Micronutrients
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Agricultural Chelates Market, By Chelate Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- DTPA (diethylenetriamine pentaacetate)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- EDTA (ethylenediaminetetraacetic acid)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Agricultural Chelates Market, By Micronutrients, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Manganese
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Zinc
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Iron
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Agricultural Chelates Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Fertigation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Foliar
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Soil
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Agricultural Chelates Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Chelate Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Micronutrients, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Chelate Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Micronutrients, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Chelate Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Micronutrients, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
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- Latin America
- Market Size and Forecast (US$ Bn), By Chelate Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Micronutrients, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Chelate Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Micronutrients, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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- GCC
- Israel
- South Africa
- Rest of Middle East
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Haifa Chemicals Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nouryon
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yara International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Akzo Nobel
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Valagro S.p.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Deretil Agronutritional
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Innospec
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nufarm Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Agricultural Chelates Market is segmented into chelate type, micronutrients, application, and region.
Agricultural Chelates Market is driven by factors like rise in demand for food products, rising population and rate of urbanization.
By region, the Agricultural Chelates market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.
The key players operating the Agricultural Chelates Market includes, BASF SE, The Dow Chemical Company, Haifa Chemicals Ltd., Nouryon, Yara International, Akzo Nobel, Valagro S.p.A., Deretil Agronutritional, Innospec, Nufarm Ltd., and others.