Global Chelated-Iron Agricultural Micronutrient Market Is Expected to Grow Us$51.4 Mn by 2020 : Pmr

Global Chelated-Iron Agricultural Micronutrient

Market : 2014 - 2020

Persistence Market Research

Global Chelated-Iron Agricultural

Micronutrient Market is Expected to grow

US$51.4 Mn by 2020 - Persistence Market

Research

Persistence Market Research

1

Global Chelated-Iron Agricultural Micronutrient

Market : 2014 - 2020

Persistence Market Research Released New Market Report “Global Chelated-Iron

Agricultural Micronutrient Market is Expected to Grow US$51.4 Mn 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.

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 supplydemand 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.

View Detail Report With TOC: http://www.persistencemarketresearch.com/market-research/chelatediron-agricultural-micronutrient-market.asp

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 forecast to remain the most significant market, with highest absolute $

opportunity.

The global chelated iron...