Increasing Demand for High Yield From Crop Production to Drive the Growth of Metal Chelates Market
The global market for metal chelates was valued at USD 357.0 Million in 2015, and is projected to grow at a CAGR of 8.54% from 2016, to reach USD 619.5 Million by 2022. The metal chelates market has grown exponentially in the last few years. Decrease in soil quality and pH level, increasing demand for high production and growing awareness about the nutrient deficiencies and its impact are the major drivers for the market. On the basis of type, the market for metal chelates is segmented into primary nutrients, secondary nutrients, micronutrients, and other nutrients (amino acid, humic acid & fulvic acid). The micronutrients was the largest segment in 2015, followed by primary nutrients. The micronutrients is also the fastest growing segment during forecast period. Download PDF Brochure The fruits & vegetables, on the basis of crop type, is projected to grow at a significant rate during the forecast period. As fruits and vegetables are the sensitive crops, they can get...