According to the research report titled ‘North America Micronutrient Fertilizers Market Size, Share and Industry Analysis Report by Nutrient (Zinc, Manganese, Copper, Iron, Boron), Form (Dry, Liquid) and Mode Of Application (Soil, Foliar, Fertigation), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, North America micronutrient fertilizers market is set to witness noteworthy growth over the forecast period 2021-2027.

As per the report findings, increasing focus towards enhancing productivity in the declining cultivable land, and surging incidence of micronutrient deficiency in soil are likely to act as a major impetus for North America micronutrient fertilizers market growth.

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Despite the positive outlook, adoption of enhanced urea technology and its application in fertilizers, coupled with growing preference for ecofriendly, organic fertilizers are likely to slow down the industry remuneration scope over the upcoming years.

Based on nutrient type classification of North America micronutrient fertilizers market, boron sub-segment is on track to deliver significant growth over the analysis period, triggered by increasing product adoption for boosting plant growth. Boron fertilizers are mainly used for development of crops like peanuts, alfalfa, and soybeans. It is vital for pollination and seed formation, while ensuring balance between starch and sugar.

Considering the application scope, the others sub-segment, which includes starter solutions and aerial applications, is estimated to witness remunerative trends over the forecast period. Starter solutions are majorly used in primarily vegetables and young plants during the transplanting process, while aerial nutrient delivery is done in forest lands and hilly terrains, where ground application of micronutrients is not possible.

Considering the competitive landscape, organizations such as Koch Agronomic Services (KAS) LLC, The Andersons Inc., J.R. Simplot Co., Helena Agri-Enterprises LLC, ChemSol LLC, Nouryon Chemicals Holding B.V., Baicor LLC, Wilbur-Ellis Holdings Inc., AgroLiquid, Haifa Negev Technologies Ltd., FMC Corp., The Mosaic Co., BASF SE, and Yara International ASA are primarily impacting North America micronutrient fertilizers industry dynamics.