Tuesday, 02 January 2024 12:17 GMT

Agricultural Grade Zinc Chemicals Market Poised For Significant Growth Amid Rising Demand For High-Yield Crops


(MENAFN- EIN Presswire)

Agricultural Grade Zinc Chemicals Market

USA Agricultural Grade Zinc Chemicals Market

USA agricultural growth is driven by precision farming, sustainability, and rising demand for zinc supplements in animal feed for improved productivity.

NEWARK, DE, UNITED STATES, February 11, 2025 /EINPresswire / -- The global demand for agricultural grade zinc chemicals is set to experience significant growth, surging at a CAGR of 5.4% between 2025 and 2035. This expansion is driven by increasing awareness of zinc's essential role in crop nutrition, improving soil health, and enhancing crop yields. Rising adoption of precision farming and sustainable agricultural practices further fuels market demand, as zinc-based fertilizers help address micronutrient deficiencies in soil.

By 2035, the agricultural grade zinc chemicals market is projected to reach a valuation of USD 1,505.7 million, reflecting strong industry momentum. Zinc is an essential micronutrient that plays a crucial role in plant growth, enzyme activation, and protein synthesis. The rising adoption of precision farming, coupled with an expanding global population, is expected to drive demand for zinc-based fertilizers and chemicals in the coming years.

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Key Factors Influencing Market Growth

1. Increasing Zinc Deficiency in Soils
.Intensive farming practices and excessive use of chemical fertilizers have led to the depletion of essential nutrients in soil, making zinc supplementation a necessity.
.According to FAO estimates, zinc deficiency affects over 50% of agricultural soils worldwide, impacting crop yields and food quality.

2. Growing Demand for High-Yield Crops
.The rising global population has intensified the need for higher crop yields, driving the adoption of zinc-based fertilizers.
.Zinc helps in improving seed germination, root development, and resistance to diseases, contributing to enhanced crop productivity.

3. Government Support and Regulations
.Many governments are encouraging the use of micronutrients through subsidies and awareness campaigns to boost agricultural output.
.Policies aimed at sustainable farming and improved soil management are fostering the growth of the agricultural zinc chemicals market.

4. Advancements in Fertilizer Technology
.Innovations in fertilizer formulations, such as zinc-enriched NPK fertilizers, are gaining traction in the market.
.The development of nano-fertilizers with zinc components is expected to revolutionize the industry by improving nutrient absorption efficiency.

5. Rising Organic and Sustainable Farming Practices
.Organic farmers are increasingly using zinc-based biofertilizers as an alternative to synthetic chemicals.
.Sustainable agricultural practices are pushing demand for eco-friendly and slow-release zinc formulations.

Key Takeaways

.Rising soil zinc deficiency is driving demand for zinc-based fertilizers and supplements.

.Growing food demand is pushing farmers to adopt high-yield, nutrient-rich agricultural practices.

.Government policies and subsidies are supporting the adoption of zinc-based agricultural solutions.

.Technological advancements in fertilizers, such as nano-zinc formulations, are transforming the market.

.Key market players are expanding their presence through innovation, partnerships, and strategic acquisitions.

“The increasing awareness of soil health and the pivotal role of micronutrients like zinc in crop productivity are fueling market growth. The shift towards sustainable and precision farming practices, along with advancements in fertilizer technology, presents significant opportunities for industry players. Companies investing in innovative zinc solutions and expanding their global footprint are likely to gain a competitive edge in the coming years.” Says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

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Competitive Landscape

The Agricultural Grade Zinc Chemicals Market is highly competitive, with several key players focusing on product innovation, partnerships, and geographic expansion. Leading companies are investing in research and development to introduce cost-effective and high-performance zinc-based fertilizers.

Key Players in the Market:

.UPL
.Syngenta Crop Protection AG
.IFFCO
.Yara
.Zochem Inc
.EverZinc
.Rubamin
.Bionova
.Sulphur Mills Limited
.Aries Agro Limited

Strategic Initiatives:

.Companies are expanding their distribution networks in emerging economies to tap into the growing agricultural sector.
.Collaborations between fertilizer manufacturers and agricultural research institutions to develop more efficient zinc formulations.
.Increasing mergers and acquisitions to strengthen market presence and broaden product portfolios.

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Key Segments of Agricultural Grade Zinc Chemicals Industry

By Type:
In terms of type, the industry is divided into Zinc Oxide, Zinc Sulphate, EDTA Chelated Zinc, Sulphur Zinc Bentonite, Zinc Chloride, and Others.

By Application:
In terms of application, the industry is divided into Animal Feed, Chemical Fertilizer, and Other.

By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, Middle East and Africa (MEA), have been covered in the report.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
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Ankush Nikam
Future Market Insights, Inc.
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.