The agricultural micronutrients market in North America was valued at $XX million in 2018 and is expected to reach $XX million by 2027, growing at a CAGR of 7.34% over the forecast period of 2019-2027.
North America constitutes economic distribution of United States, and Canada. Market demand for crop micronutrients in North America is driven by rising regulatory pressure for improving micronutrient quality of food, growing demand for food fortification programs and rising consumption of iron micronutrients.
The market giants are applying the strategies of mergers and acquisitions to contend in the market. Agriculture is a major industry in the United States, which is a net exporter of food. Hence, the demand for agricultural micronutrients is significantly high from this region.
Haifa Group, DowDuPont, The Mosaic Company, Aries Agro Ltd., Valagro SpA, Coromandel International Ltd., FMC Corporation, Nutrien Ltd., Baicor L.C., Western Nutrients Corporation, Compass Minerals International Inc., Yara International ASA, SAPEC S.A., BASF SE, and AkzoNobel N.V. are few of the popular players in this market.