The global agricultural micronutrients market size is expected to experience significant growth by reaching USD 6.65 billion by 2028 while exhibiting a CAGR of 7.51% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Agricultural Micronutrients Market, 2021-2028.” The report further mentions that the market stood at USD 3.86 billion in 2020. Decreasing arable land and the growing demand for gardening activities is perceived as a positive growth factor in the market. According to the Our World in Data Organization, half of the global habitable land is adopted for agriculture purposes. On the other hand, as per the European Commission and Joint Research Center, around 970 million tons of soil are lost due to erosion in the European Union every year.

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Agricultural Micronutrients Market Size, Growth & Report [2028]
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Agricultural Micronutrients Market Size, Growth & Report [2028]

The global agricultural micronutrients market is projected to grow from USD 4.00 billion in 2021 to USD 6.65 billion by 2028, exhibiting a CAGR of 7.51%