The global agricultural chelates market reached a value of USD 750.8 million in 2024 and is projected to grow to USD 1,222.6 million by 2033. It is forecasted to expand at a CAGR of 5.57% during the period 2025-2033. Growth is driven by the demand for high-efficiency fertilizers, increasing awareness of sustainable farming practices, and technological advancements. 

Study Assumption Years

• Base Year: 2024

• Historical Year/Period: 2019-2024

• Forecast Year/Period: 2025-2033

Agricultural Chelates Market Key Takeaways

• The global agricultural chelates market size was USD 750.8 Million in 2024.

• The market CAGR is 5.57% for the forecast period 2025-2033.

• The forecast period extends from 2025 to 2033.

• The rising demand for good-quality crops and adoption of modern farming methods propel market growth.

• Technological advancements in chelation chemistry and sustainable agricultural practices are key trends.

• Asia Pacific dominates due to its large agricultural sector, government support, and growing population.

• Challenges include the high cost of chelating agents and limited awareness among farmers.

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Market Growth Factors

The agricultural chelates market is primarily propelled by the increasing demand for high-efficiency fertilizers. These fertilizers improve nutrient availability and absorption, including essential micronutrients such as zinc, manganese, and iron vital to plant growth. Conventional fertilizers often suffer from nutrient loss due to volatilization, fixation, and leaching. Chelates form stable complexes with micronutrients, reducing these losses and ensuring plant availability even in unfavorable soil conditions. This enhanced nutrient use efficiency optimizes crop yield and minimizes environmental impacts.

Rising awareness about precision agriculture further advances market demand. Precision agriculture practices allocate appropriate nutrient amounts at the right time and place, using technologies such as soil sensors, GPS, satellite imagery, and drones to assess soil nutrient status. Chelates complement these technologies through efficient nutrient delivery, ensuring effective plant absorption. The precision agriculture market is valued at USD 8.5 Billion in 2023 and is projected to reach USD 20.2 Billion by 2032, growing at a CAGR of 9.9% during 2024-2032.

Soil degradation and nutrient deficiency remain critical challenges reducing agricultural productivity worldwide. Factors like intensive farming, overgrazing, deforestation, and poor irrigation lead to soil erosion, nutrient depletion, and loss of organic matter, thereby decreasing soil fertility and crop yields. Chelates enhance nutrient availability and soil health by binding vital micronutrients, preventing fixation or pH-related unavailability to plants. According to the FAO, 33% of land is moderately to highly degraded due to issues like salinization, erosion, and chemical pollution, driving rising demand for agricultural chelates.

Market Segmentation

By Type:

• Synthetic: Includes EDTA, EDDHA, DTPA, IDHA, and others. The synthetic segment holds the majority market share due to superior stability, efficacy, and cost-effectiveness. EDTA and DTPA are widely used for forming stable micronutrient complexes ensuring availability in challenging soils. Large-scale production capability supports growing demand.

• Organic: Includes lignosulfonates, aminoacids, heptagluconates, and others.

By Crop Type:

• Grains and Cereals: This segment dominates as grains and cereals like rice, corn, wheat, and barley are staple foods globally, particularly in Asia, which produces over 90% of the world's rice. Chelates address micronutrient deficiencies crucial for optimal growth.

• Pulses and Oilseeds

• Commercial Crops

• Fruits and Vegetables

• Turf and Ornamentals

By Application:

• Soil

• Foliar: Leading segment due to efficient nutrient delivery directly to plant leaves, enabling quick absorption and use, especially useful in nutrient deficiency correction and suboptimal soil conditions.

• Fertigation

• Others

Regional Insights

Asia Pacific leads the agricultural chelates market, driven by rapidly growing agricultural sectors in India, China, and Southeast Asia. The Indian farming market alone reached INR 27,790.9 Billion in 2023 and is forecasted to reach INR 62,176.8 Billion by 2032, at a growth rate of 9.1% during 2024-2032. Factors such as increasing food demand due to population growth, rising awareness of chelates' benefits, and government initiatives promoting sustainable agriculture support this dominance.

Recent Developments & News

• May 2023: The Andersons, Inc.’s Plant Nutrient facility in Sergeant Bluff, Iowa, earned ResponsibleAg certification, the only voluntary comprehensive assessment of agricultural input storage and handling facilities nationally.

• March 2023: Syngenta Crop Protection partnered with Aphea.Bio to introduce a novel biological seed treatment across Europe over five years pending regulatory approval, aiding farmers in adopting sustainable technologies amid evolving agricultural challenges.

• January 2023: Nouryon acquired ADOB to strengthen its product portfolio in agricultural chelates.

Key Players

• Akzo Nobel N.V.

• Aries Agro Ltd

• BASF SE

• Dow Inc.

• Haifa Negev Technologies Ltd.

• Mitsubishi Chemical Corporation

• Nouryon

• Nufarm Limited

• Protex International SA

• The Andersons Inc.

• Valagro (Syngenta AG)

• Van Iperen International B.V.

• Yara International ASA

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