Global Iron Chelates Market Size By Crop Type (Fruits And Vegetables, Cereals And Grains, Oilseeds And Pulses), By Geographic Scope And Forecast

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Iron Chelates Market Size And Forecast

Iron Chelates Market size was valued at USD 102.46 Million in 2024 and is projected to reach USD 201.89 Million by 2031, growing at a CAGR of 9.76% during the forecast period 2024-2031.

Increasing demand for good quality and higher crop yields, and increasing initiatives taken by players operating in the market towards the development of innovative products, will drive market growth. Rising demand for high-yield crops due to rising population and a scarcity of agricultural land is expected to drive iron chelate market growth. The Global Iron Chelates Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Iron Chelates Market Definition

So, iron chelates? Think of them as an iron supplement for your plants, but with a special twist! They've been treated with a "chelator" – a little helper that keeps the iron in a form the plant can actually use. They're specifically made to rescue plants suffering from iron chlorosis, a kind of iron deficiency where they just can't grab iron from the soil. You might also hear it called lime chlorosis or iron chlorosis. If your plant's got it, you'll notice the leaves slowly turning pale and eventually dying off, and the plant’s growth will be stunted. Even worse, you'll see yellow leaves, especially in the areas between the dark green veins, making them look all spidery - that's a big sign of iron deficiency! Basically, the plants and their leaves just don't have that healthy, green vibrancy anymore.

Chelated iron contains ferric chelators, which are small binding molecules that wrap themselves around iron ions to prevent them from settling. This ensures that the iron given to the plants is available for absorption and does not solidify when exposed to high soil pH levels. Moreover, several crops have their own chelation mechanisms, and these crops are far less prone to suffering from iron deficiency. Exudates from the root systems of some plants, such as grassy plants, are released into the soil and contain naturally occurring chelates.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Iron Chelates Market Overview

Okay, so here's the dealeveryone wants better crops, and more of them! That, plus companies really stepping up their game with new and improved products, is going to make the market boom. The need for crops that produce a lot, driven by a growing population and less farmland, is also a big factor. Think about it – FAO estimates say the land we irrigate will jump by 32 million hectares (that's 11%!), and harvested irrigated land is going up by 17% by 2050. The problem? All that growth is happening in countries that are already struggling. This means not enough fertilizer for crops, smaller harvests, and not-so-great food for us. It's a huge issue, especially since there’s less good land to grow food on, and we're being pushed to use soil that's not the best.

In this segment, fertigation (the application of plant nutrients in a liquid solution) is critical. As a result, iron chelated fertilizer promotes micronutrient bioavailability, which contributes to the productivity, nutritional content, and profitability of commercial crop production. If the crop is produced in low-micronutrient stress or soils with a pH of more than 6.5, chelated fertilizers have a larger potential to boost commercial production than normal micronutrients.

Global Iron Chelates Market Segmentation Analysis

The Global Iron Chelates Market is segmented on the basis of Crop Type, and Geography.

Iron Chelates Market, By Crop Type

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

To Get Summarized Market Report By Crop Type-

Based on Crop Type, the market is bifurcated into Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Others. Fruits & Vegetables accounted for the largest market share of 46.92% in 2021, with a market value of USD 135.54 Million and is projected to grow at the highest CAGR of 10.24% during the forecast period. Cereals & Grains was the second-largest market in 2021, valued at USD 87.32 Million in 2021; it is projected to grow at a CAGR of 9.72%.

Iron Chelates Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

To Get Summarized Market Report By Geography- 

On the basis of regional analysis, the Global Iron Chelates Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific accounted for the largest market share of 39.07% in 2021, with a market value of USD 112.85 Million and is projected to grow at the highest CAGR of 10.59% during the forecast period. North America was the second-largest market in 2021, valued at USD 78.15 Million in 2021; it is projected to grow at a CAGR of 9.51%.

Key Players

The “Global Iron Chelates Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF SE, Dow, Valagro, Titan Biotech, Nouryon, Global Crop Improvement Company (Gcic), Adob, Yara, Syngenta, Global Calcium Pvt Ltd, Haifa Negev Technologies Ltd, Agro Egypt International, Compo Expert Gmbh, Trade Corporation International, Sipcam Inagra, and Others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • BASF SE has partnered with LanzaTech for utilizing industrial off-gases for chemical production by transforming the carbon contained in industrial off-gases into valuable chemicals.
  • BASF introduced Neutrol MGDA, a readily biodegradable complexing agent (chelating agent) for personal care applications.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

BASF SE, Dow, Valagro, Titan Biotech, Nouryon, Global Crop Improvement Company (Gcic), Adob, Yara, Syngenta, Global Calcium Pvt Ltd, & Others

SEGMENTS COVERED
  • By Crop Type
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We'll dig into the market using both numbers and real-world factors, breaking it down by segmentation that considers economic stuff and things that aren't just about money. You'll get market value data (in USD Billion!) for every single segment and sub-segment. Plus, we'll point out which region and segment we think is gonna be the fastest-growing and biggest overall. We'll also analyze each region geographically, showing you where the product/service is being used and what's impacting the market there. See how the big players stack up with a competitive landscape view, including their market ranking, new product launches, partnerships, expansions, and acquisitions over the last five years. We'll give you detailed company profiles with overviews, insights, product comparisons, and SWOT analysis for those major market players. Get a feel for the current and future of the industry, considering recent developments, growth opportunities, what's driving things, and the challenges for both new and established regions. We'll even dive deep with Porter's five forces analysis and give you insight through the value chain. You'll get a market dynamics scenario, along with info on the market's growth opportunities in the future. And don't forget6 months of analyst support after you buy!

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.