Agricultural Chelates Market - By Type (EDTA, DTPA, EDDHA, IDHA), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), By Mode of Application (Foliar Spray, Soil Treatment, Fertigation, Seed Treatment), By End-Use & Forecast, 2024 – 2032

Agricultural Chelates Market - By Type (EDTA, DTPA, EDDHA, IDHA), By Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses), By Mode of Application (Foliar Spray, Soil Treatment, Fertigation, Seed Treatment), By End-Use & Forecast, 2024 – 2032

Agricultural Chelates Market Size

Agricultural chelates market was valued at around USD 930.5 million in 2023 and is anticipated to grow at a CAGR of around 4.7% between 2024 and 2032.

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The growing worldwide population, rising food demands, and awareness of the necessity of crop yield optimization are driving up demand for agricultural chelates. Agricultural chelates, particularly those containing critical micronutrients like zinc, iron, and manganese, have become vital as farmers and agricultural practitioners attempt to improve the efficiency of nutrient uptake by crops. The increasing incidence of nutrient shortages in soils, along with the necessity for ecologically friendly agricultural techniques, drives the need for chelates even higher. Furthermore, as precision farming gets pace, the need for chelates as a precise and focused option for nutrient delivery rises, adding to the overall growth of the agricultural chelates industry.

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Growing environmental concerns are a major impediment to the agricultural chelates business. The use of chelates in agriculture, particularly specific forms such as EDTA, has aroused environmental concerns due to their persistence in soil and ability to leak into water bodies, resulting in environmental damage. Consumers and industry stakeholders are concerned about the long-term impact of chelate usage on soil health and aquatic environments because to increased regulatory scrutiny and increased knowledge. The environmental impact of chelates becomes a key concern as sustainable and eco-friendly farming techniques gain acceptance, impeding the growth of revenue in the agricultural chelates industry.

Agricultural Chelates Market Trends

Increasing emphasis on sustainable farming techniques is driving increased usage in the agricultural chelates industry. Chelating compounds that improve fertilizer efficiency and promote ecologically friendly agricultural practices are in high demand. Bio-based and biodegradable chelates are gaining popularity, reflecting a larger industry move toward environmentally friendly solutions. Furthermore, precision farming and the use of chelates into controlled-release fertilizers are new developments that improve nutrient management and crop yields. Smart formulations and customized chelate treatments tailored to specific soil and crop requirements are becoming more common as digital agriculture gets traction, representing a changing environment in the agricultural chelates industry.

Agricultural Chelates Market Analysis  

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Based on type, the market is segmented as EDTA, DTPA, EDDHA, IDHA, and others. EDTA segment held a majority market value of USD 324.7 million in 2023. The availability of vital micronutrients like iron, zinc, manganese, and copper in a form that crops can readily absorb is greatly aided by EDTA chelates. Thus, total crop output and quality are enhanced. The use of EDTA chelates has become essential in current agricultural techniques, which prioritize enhancing nutritional content and production, particularly when correcting micronutrient deficits in different soil types. Global market for agricultural chelates is driven by demand for agricultural chelates, and EDTA's flexibility in stabilizing and delivering micronutrients to plants highlights this demand. EDTA meets the changing demands of sustainable and efficient crop production.

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Based on crop type, the market is segmented as cereals & grains, fruits & vegetables, oilseeds & pulses, and others. Cereals & grains held a dominant market share of around 45.5% in 2023. Grain and cereal products, including wheat, rice, corn, and barley, are essential to the world's food security. Chelates are essential for treating nutritional deficits in these crops, improving their general health, and guaranteeing maximum yield—especially those that include micronutrients like iron, zinc, and manganese. Since the soil frequently lacks these vital micronutrients, chelate-based fertilizers are being used by farmers more and more to give nutrients in a targeted and effective manner. In addition to increasing crop quality, the application of agricultural chelates in cereals and grains helps meet the world's food need by optimizing yields and ensuring the nutritional content of staple foods."

Based on mode of application, the agricultural chelates market is segmented into foliar spray, soil treatment, fertigation, seed treatment, and others. Soil treatment held a dominant market share of around 40.2% in 2023. The use of chelates has become more common as farmers understand the need of healthy soil for sustainable agriculture. Chelates improve plant development by correcting soil shortages and facilitating the effective release and absorption of vital micronutrients such as iron, zinc, and manganese. The demand for chelates for soil treatment applications has surged as a result of growing awareness of the importance of soil quality and the requirement for greater agricultural output.

Based on end-use, the market is segmented as agriculture, horticulture, floriculture, and others. Agriculture segment held a majority market value of USD 512.8 million in 2023. As the world's population grows, so does the demand for food supply, necessitating improved agricultural methods. Agricultural chelates serve an important role in plant nutrition by increasing nutrient absorption, assuring appropriate development, and reducing nutritional shortages. Demand for increased crop yields, enhanced quality, and nutrient-efficient farming techniques has fuelled the use of agricultural chelates in a variety of crop types.

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North America dominated the majority market share and a revenue of USD 330.3 million in 2023. The region's expanding agricultural industry, as well as an increasing emphasis on crop productivity and quality, are driving strong demand for agricultural chelates in North America. Farmers' growing awareness of the importance of micronutrients in plant nutrition is driving the need for chelates to efficiently address nutritional shortages. The growing preference for high-value crops, along with the necessity for sustainable farming techniques, is driving the development of agricultural chelates in North America.

Agricultural Chelates Market Share

BASF is a major player in the market, with an estimated global market share of more than 20%. The company offers a wide range of chelated micronutrients, including iron, zinc, manganese, and copper, which are used to improve crop yields and quality. BASF has a global network of production facilities, including several plants that produce agricultural chelates.

Syngenta is a major player in the agricultural chelates industry, holding an estimated market share of around 15-20% globally. The company offers a variety of chelated micronutrient products under its EDTA and DTPA brands. Syngenta has production facilities for chelates in several countries around the world, including China, India, Brazil, and the United States.

Agricultural Chelates Market Companies

Major players operating in the agricultural chelates industry include

• BASF SE
• Nufarm Limited
• Syngenta AG
• The Dow Chemical Company
• AkzoNobel N.V.
• Haifa Group
• Aries Agro Limited
• Valagro S.p.A.
• Yara International ASA
• Protex International
• Van Iperen International
• Arysta LifeScience Corporation
• Isagro S.p.A.
• Compo Expert GmbH
• Micromix Plant Health Limited

Agricultural Chelates Industry News

• In 2022, Innospec, a specialist chemical company located in the United States, developed biodegradable chelating agents under the brand name ENVIOMET C. When released into the environment, these agents degrade quickly, reducing the possibility of persistent organic chelate formation with heavy metals such as lead (Pb). As a result, the danger of soil collection and potential subsurface water contamination is reduced.
• In June 2019, BASF SE expanded its chelating agent value chain in Ludwigshafen, Germany, by establishing a production plant, with the goal of increasing its market presence in Europe.

The agricultural chelates market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments

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Market, by Type

• EDTA
• DTPA
• EDDHA
• IDHA
• Others

 Market, by Crop Type

• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Others

Market, by Mode of Application

• Foliar Spray
• Soil Treatment
• Fertigation
• Seed Treatment
• Others

Market, by End-Use

• Agriculture
• Horticulture
• Floriculture
• Others

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Thailand
  • Australia
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• Middle East & Africa
  • UAE
  • South Africa
  • Saudi Arabia