The global chelate fertilizer market is expected to grow at a CAGR of about 6.50% in the forecast period of 2025-2034.
The Asia-Pacific Dominated the Chelate Fertilizer Industry in the Historical Period
The global market for chelate fertilizers was led by the Asia-Pacific region. Within the region, China, India, and Australia are some of the significant countries. Due to the region's rising population, the market in the Asia-Pacific is expected to witness a further growth in the forecast period. China is expected to account for a significant market share in the Asia-Pacific region. During the forecast period, Australia is also expected to witness a healthy growth. Due to rapid population growth and the increasing food demand, farmers have been forced to grow crops with higher yields, thus, increasing the demand for chelates in the region.Chelate Fertilizer: Industry Definition and Segmentations
Chelated micronutrients are fertilizers in which a larger molecule called a ligand or chelator surrounds the micronutrient ion (for example, Fe or iron). Natural or synthetic substances may be used as ligands. A chelated micronutrient is formed when these compounds are mixed with a micronutrient. In certain conditions, chelated micronutrients are shielded from oxidation, precipitation, and immobilisation.The market can be differentiated on the basis of type into:
- EDTA
- EDDHA
- DTPA
- IDHA
- Others
By micronutrient, the market can be classified into:
- Iron
- Zinc
- Manganese
- Copper
- Others
The different applications of chelate fertilizer are as follows:
- Soil
- Foliar
- Fertigation
- Others
The market can be differentiated by crop type into:
- Field Crops
- Horticultural Crops
- Plantation
- Turf and Ornamentals
- Others
Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Increasing Demand for Agro-Products Bolstering the Market Growth
Because of the rise in population and decline in arable land, there has been an increase in demand for agricultural products. Farmers are now experimenting with new inputs to boost crop yields while also improving efficiency to satisfy the demands of an increasing population and the food processing industry. Some of the other factors driving the market growth include an increase in demand for high-value crops and the growing adoption of modern agricultural practices. The growing demand for high-value crops such as gourmet mushrooms, lavender, and garlic is driving the global chelate fertilizer industry.Key Industry Players in the Global Chelate Fertilizer Market
The report gives a detailed analysis of the following key players in the global chelate fertilizer market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Yara International ASA
- Valagro S.p.A.
- Deretil Agronutritional
- Haifa Group
- Van Iperen International
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Chelate Fertilizer Market Analysis
6 North America Chelate Fertilizer Market Analysis
7 Europe Chelate Fertilizer Market Analysis
8 Asia-Pacific Chelate Fertilizer Market Analysis
9 Latin America Chelate Fertilizer Market Analysis
10 Middle East and Africa Chelate Fertilizer Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Chelate Fertilizer market report include:- Yara International ASA
- Valagro S.p.A
- Deretil Agronutritional
- Haifa Group
- Van Iperen International