Global Chelated-Iron Agricultural Micronutrient Market, 2020

Global Market Study on Chelated-Iron Agricultural Micronutrient Latin America to Witness Highest Growth by 2020

Persistence Market Research

Global Chelated-Iron Agricultural

Micronutrient Market is Expected to be

valued at US$51.4 Mn by 2020 - Persistence

Market Research

Persistence Market Research

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Global Market Study on Chelated-Iron Agricultural Micronutrient Latin America to Witness Highest Growth by 2020

Persistence Market Research Released New Market Report “Global Market Study on

Chelated-Iron Agricultural Micronutrient: Latin America to Witness Highest

Growth by 2020”, the global chelated-iron agricultural micronutrient market is expected to

account for US$36.9 Mn by the end of 2015, and is anticipated to expand at a CAGR of 6.8%

to reach US$51.4 Mn between 2015 end and 2020.

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http://www.persistencemarketresearch.com/market-research/chelated-

iron-agricultural-micronutrient-market.asp

Presently, the chelated iron agricultural micronutrient market is mainly driven by factors

such as poor soil quality, increasing demand for quality food and government support to

farmers in procuring high-grade fertilizers. However, factors such as high product price,

fluctuating economic conditions and supply-demand disruptions are expected to restrain the

growth of the market.

Chelated iron agricultural micronutrient are those elements that are mixed with fertilizers to

increase the minerals supplement in the soil as most soils in various parts of the world are

being rapidly depleted of minerals. Companies are voluntarily fortifying fertilizers with

chelated iron micronutrient to increase the productivity of crops.

By Region, Asia Pacific (APAC) was the largest market for chelated iron micronutrient with

44.8% share of the overall market in 2014, followed by North America with 24.8%. Latin

America is expected to exhibit highest CAGR of 8.9% during the forecast period, followed by

MEA, which is expected to expand at a CAGR of 7.8%. APAC is...