硫黄ベースの微量栄養素市場 : 2029年までの世界予測

Sulfur Based Micronutrients Market - Global Forecast to 2029

硫黄ベースの微量栄養素市場 : 用途 (油糧種子と豆類、シリアルと穀物、果物と野菜)、タイプ (硫黄-ベントナイト-亜鉛、硫黄-ベントナイト-モリブデン、硫黄-ベントナイト-マンガン、硫黄-ベントナイト-鉄) - 2029年までの世界予測
Sulfur Based Micronutrients Market by Application (Oilseeds & Pulses, Cereals & Grains, and Fruits & Vegetables), Type (Sulfur-Bentonite-Zinc, Sulfur-Bentonite-Molybdenum, Sulfur-Bentonite-Manganese, Sulfur-Bentonite-Iron) - Global Forecast to 2029
出版年月2024年6月
ページ数205
図表数208
価格タイプシングルユーザライセンス
価格USD 4950
種別英文調査報告書

Report Overview

The global sulfur based micronutrients market is projected to grow from USD 449 million in 2024 to USD 685 million by 2029, at a CAGR of 8.8% during the forecast period.

世界の硫黄ベースの微量栄養素市場は、予測期間中に8.8%のCAGRで、2024年の4億4,900万米ドルから2029年までに6億8,500万米ドルに成長すると予測されています。

Modern agricultural practices leave the soil drained and degraded. Therefore growing emphasis on soil nutrient replenishment and sustainable agricultural practices is one of the key drivers that is boosting the sulfur based micronutrients market.

硫黄ベースの微量栄養素市場 : 2029年までの世界予測

“Sulfur-Bentonite-Molybdenum based micronutrients segment, by type, is estimated to account for the second largest share during the forecast period.”
The sulfur-bentonite-molybdenum based micronutrients segment is projected to secure the second-largest share in the forecast period, primarily fueled by its extensive application in the agricultural industry. This specific fertilizer blend benefits from molybdenum’s function in nitrogen fixation and enzyme activation while guaranteeing plants receive sulfur, which is necessary for metabolic processes. This fertilizer improves nitrogen usage efficiency, supports healthy plant growth, and eventually increases crop yields in a variety of agricultural systems by addressing deficiencies in both molybdenum and sulfur.

硫黄ベースの微量栄養素市場 : 2029年までの世界予測 ecosystem

“Cereals & Grains segment, by application, is estimated to account for the second largest share during the forecast period.”
Sulfur based micronutrients are one of the major kinds of fertilizers being used in the agricultural industry. Sulfur levels in soils are dropping as a result of intensive farming methods and decreased atmospheric deposition, which is driving the increased usage of sulfur-based micronutrients in cereal and grain crops. Elevated sulfur requirements are essential for protein synthesis and optimal production in cereals and grains. Farmers also utilize sulfur-based fertilizers more frequently as a result of their pursuit of improved quality and yields.

“North America region is estimated to account for the second largest share during the forecast period.”
North America is expected to be the second-largest market for sulfur based micronutrients. US and Canada are among the key players in the region, which are driven by sulfur based micronutrients sector. As a major contributor to the sulfur based micronutrients industry, US emerges as a favorable market for various sulfur based micronutrients types, particularly those with different compositions, combinations, and grades. Additionally, the ongoing transition to environment friendly products in the country and around the world is expected to drive the market further, contributing to the overall growth of the North American sulfur based micronutrients market.

Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
• By Designation: C-level– 25%, Director Level– 30%, and Others – 45%
• By Region: North America – 30%, Europe – 20%, Asia Pacific – 35%, South America – 10%, RoW– 5%

硫黄ベースの微量栄養素市場 : 2029年までの世界予測 region
Nutrien Ltd. (Canada), Yara International (Norway), The Mosaic Company (US), ICL (Israel), and K+S Aktiengesellschaft (Germany) are some of the major players operating in the sulfur based micronutrients market. These players have adopted strategies such as acquisitions, expansions, partnerships, and agreements in order to increase their market share business revenue.

Research Coverage:
The report defines, segments, and projects the sulfur based micronutrients market based on sulfur based micronutrients type, application, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, sulfur based micronutrients manufacturers and comprehensively analyses their market shares and core competencies as well as tracks and analyzes competitive developments, such as joint ventures, expansions, acquisitions, and agreements, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the sulfur based micronutrients market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (growing demand for high-quality crops, expansion of agriculture industry, and the rising demand of sulfur in fertilizers), restraints (poor awareness among the developing regions regarding the benefits of micronutrients, and lack of sustainable sourcing of raw materials), opportunities (increasing investment in agriculture, and rising demand for organic products), and challenges (competition from substitutes, and seasonal demand) influencing the growth of the sulfur based micronutrients market.

• Product Development/Innovation: Detailed insights on research & development activities, and upcoming technologies in the sulfur based micronutrients market.

• Market Development: Comprehensive information about lucrative markets – the report analyses the sulfur based micronutrients market across various regions.

• Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the sulfur based micronutrients market.

• Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as Nutrien Ltd. (Canada), Yara International (Norway), The Mosaic Company (US), ICL (Israel), K+S Aktiengesellschaft (Germany), SQM S.A. (Chile), Coromandel International Limited (India), Nufarm (Australia), Aries Agro Limited (India), DFPCL (India), and others in the sulfur based micronutrients market.

Table of Contents

1            INTRODUCTION            27

1.1         STUDY OBJECTIVES      27

1.2         MARKET DEFINITION   27

1.2.1      INCLUSIONS & EXCLUSIONS     27

TABLE 1             SULFUR BASED MICRONUTRIENTS MARKET: INCLUSIONS & EXCLUSIONS    27

1.3         STUDY SCOPE  28

FIGURE 1           SULFUR BASED MICRONUTRIENTS MARKET: MARKET SEGMENTATION           28

1.3.1      REGIONS COVERED      28

1.3.2      YEARS CONSIDERED     29

1.3.3      CURRENCY CONSIDERED          29

1.3.4      UNITS CONSIDERED     29

1.4         RESEARCH LIMITATIONS           29

1.5         STAKEHOLDERS            30

2            RESEARCH METHODOLOGY     31

2.1         RESEARCH DATA           31

FIGURE 2           SULFUR BASED MICRONUTRIENTS MARKET: RESEARCH DESIGN              31

2.1.1      SECONDARY DATA       32

2.1.1.1   Key data from secondary sources     32

2.1.2      PRIMARY DATA 32

2.1.2.1   Key data from primary sources         33

2.1.2.2   Breakdown of interviews with experts            34

2.2         MATRIX CONSIDERED FOR DEMAND-SIDE ESTIMATION            35

FIGURE 3           MAIN MATRIX CONSIDERED FOR CONSTRUCTING AND ASSESSING DEMAND FOR SULFUR BASED MICRONUTRIENTS   35

2.3         MARKET SIZE ESTIMATION       35

2.3.1      BOTTOM-UP APPROACH           36

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       36

2.3.2      TOP-DOWN APPROACH             36

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       36

FIGURE 6           METHODOLOGY FOR SUPPLY-SIDE SIZING OF SULFUR BASED MICRONUTRIENTS MARKET (1/2)          37

FIGURE 7           METHODOLOGY FOR SUPPLY-SIDE SIZING OF SULFUR BASED MICRONUTRIENTS MARKET (2/2)          37

2.3.2.1   Calculations for supply-side analysis 38

2.4         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    38

2.5         DATA TRIANGULATION             39

FIGURE 8           SULFUR BASED MICRONUTRIENTS MARKET: DATA TRIANGULATION          39

2.6         IMPACT OF RECESSION 40

2.6.1      KEY ASSUMPTIONS FOR CALCULATING DEMAND-SIDE MARKET SIZE              40

2.6.2      LIMITATIONS   40

2.6.3      RISK ANALYSIS 41

3            EXECUTIVE SUMMARY 42

TABLE 2             SULFUR BASED MICRONUTRIENTS MARKET SNAPSHOT: 2024 VS. 2029 42

FIGURE 9           SULFUR-BENTONITE TO BE LARGEST SEGMENT DURING FORECAST PERIOD       43

FIGURE 10         FRUITS & VEGETABLES APPLICATION TO LEAD MARKET DURING FORECAST PERIOD     43

FIGURE 11         ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              44

4            PREMIUM INSIGHTS      45

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SULFUR BASED MICRONUTRIENTS MARKET     45

FIGURE 12         HIGH DEMAND FOR SULFUR FOR GROWTH OF CROPS TO DRIVE MARKET BETWEEN 2024 AND 2029           45

4.2         SULFUR BASED MICRONUTRIENTS MARKET, BY REGION           45

FIGURE 13         ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              45

4.3         SULFUR BASED MICRONUTRIENTS MARKET, BY MAJOR COUNTRIES              46

FIGURE 14         MEXICO TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD              46

5            MARKET OVERVIEW     47

5.1         MARKET DYNAMICS     47

FIGURE 15         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SULFUR BASED MICRONUTRIENTS MARKET 47

5.1.1      DRIVERS            47

5.1.1.1   Cultivation of sulfur-demanding crops boosting demand            47

FIGURE 16         OILSEED PRODUCTION, BY REGION     48

5.1.1.2   Rise in investments in agricultural activities in emerging countries          48

5.1.2      RESTRAINTS     49

5.1.2.1   Growing usage of organic fertilizers 49

5.1.2.2   Availability of alternatives for sulfur based micronutrients         49

5.1.3      OPPORTUNITIES           50

5.1.3.1   Rise in crop production along with focus on crop quality            50

5.1.3.2   Increase in sulfur deficiency in soil   51

5.1.4      CHALLENGES   51

5.1.4.1   Fluctuations in prices of sulfur         51

FIGURE 17         SLUMP IN AVERAGE PRICE OF SULFUR 51

5.1.4.2   Lack of awareness among farmers about soil health and benefits of micronutrients              52

6            INDUSTRY TRENDS       53

6.1         INTRODUCTION            53

6.2         SUPPLY CHAIN ANALYSIS          53

FIGURE 18         SUPPLY CHAIN ANALYSIS FOR SULFUR BASED MICRONUTRIENTS MARKET     53

6.3         ECOSYSTEM/MARKET MAP       54

FIGURE 19         ECOSYSTEM/MARKET MAP OF SULFUR BASED MICRONUTRIENTS MARKET     54

TABLE 3             ECOSYSTEM OF SULFUR BASED MICRONUTRIENTS MARKET              55

6.4         PORTER’S FIVE FORCES ANALYSIS         55

FIGURE 20         PORTER’S FIVE FORCES ANALYSIS FOR SULFUR BASED MICRONUTRIENTS MARKET     55

TABLE 4             SULFUR BASED MICRONUTRIENTS MARKET: PORTER’S FIVE FORCES ANALYSIS         56

6.4.1      BARGAINING POWER OF SUPPLIERS     56

6.4.2      BARGAINING POWER OF BUYERS           56

6.4.3      THREAT OF NEW ENTRANTS    56

6.4.4      THREAT OF SUBSTITUTES         57

6.4.5      INTENSITY OF COMPETITIVE RIVALRY 57

6.5         PRICING ANALYSIS        57

6.5.1      AVERAGE SELLING PRICE, BY REGION  58

FIGURE 21         AVERAGE SELLING PRICE OF SULFUR, BY REGION         58

6.5.2      AVERAGE SELLING PRICE OF SULFUR, BY FORM             58

FIGURE 22         AVERAGE SELLING PRICE OF SULFUR, BY FORM             58

6.6         REGULATORY LANDSCAPE       59

6.6.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          59

TABLE 5             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         59

TABLE 6             EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60

TABLE 7             ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         60

6.7         KEY CONFERENCES AND EVENTS, 2024–2025     61

TABLE 8             SULFUR BASED MICRONUTRIENTS MARKET: KEY CONFERENCES AND EVENTS, 2024–2025             61

6.8         KEY STAKEHOLDERS AND BUYING CRITERIA    62

6.8.1      KEY STAKEHOLDERS IN BUYING PROCESS         62

FIGURE 23         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR PRODUCT TYPES           62

TABLE 9             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR PRODUCT TYPES (%)    62

6.8.2      BUYING CRITERIA         63

FIGURE 24         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              63

TABLE 10           KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              63

6.9         PATENT ANALYSIS        64

6.9.1      METHODOLOGY           64

FIGURE 25         LIST OF MAJOR PATENTS FOR SULFUR BASED MICRONUTRIENTS        64

6.9.2      MAJOR PATENTS           65

6.10       TECHNOLOGY ANALYSIS           67

6.10.1    KEY TECHNOLOGIES    67

6.10.1.1 Shell Thiogro Technologies             67

6.10.2    ADJACENT TECHNOLOGIES      67

6.10.2.1 Micronized Sulfur Technology         67

6.11       TRADE DATA    68

6.11.1    IMPORT DATA 68

TABLE 11           IMPORT DATA ON SULFUR        68

6.11.2    EXPORT DATA 68

TABLE 12           EXPORT DATA ON SULFUR        68

6.12       CASE STUDY ANALYSIS 69

6.13       TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       69

7            SULFUR BASED MICRONUTRIENTS MARKET, BY APPLICATION 70

7.1         INTRODUCTION            71

FIGURE 26         FRUITS & VEGETABLES TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD     71

7.2         OILSEEDS & PULSES      71

7.2.1      INCREASING DEMAND FOR SULFUR-DEFICIENT CROPS TO DRIVE MARKET            71

7.3         CEREALS & GRAINS       72

7.3.1      DEMAND FOR HIGH-QUALITY CEREALS AND GRAINS AND RISING POPULATION TO BOOST MARKET        72

7.4         FRUITS & VEGETABLES 72

7.4.1      INCREASING FOCUS ON SUSTAINABLE AGRICULTURE PRACTICES TO PROPEL MARKET          72

7.5         OTHER CROP TYPE APPLICATIONS       72

8            SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE  73

8.1         INTRODUCTION            74

FIGURE 27         SULFUR-BENTONITE TO BE LARGEST SEGMENT DURING FORECAST PERIOD       74

8.2         SULFUR-BENTONITE    74

8.2.1      IMPROVED SOIL STRUCTURE AND MOISTURE RETENTION ENHANCING NUTRIENT UPTAKE BY CROPS TO DRIVE MARKET             74

8.3         SULFUR-BENTONITE-ZINC        75

8.3.1      ROBUST PLANT GROWTH, HIGHER YIELDS, AND IMPROVED CROP QUALITY TO BOOST MARKET  75

8.4         SULFUR-BENTONITE-BORON   75

8.4.1      STEADY NUTRIENT SUPPLY, ENHANCED CROP YIELD, QUALITY, AND DISEASE RESISTANCE TO PROPEL MARKET       75

8.5         SULFUR-BENTONITE-MOLYBDENUM   75

8.5.1      BALANCED AND SUSTAINED NUTRIENT RELEASE ESSENTIAL FOR PLANT GROWTH TO BOOST MARKET  75

8.6         SULFUR-BENTONITE-MANGANESE       75

8.6.1      BALANCED, SLOW-RELEASE NUTRIENT SUPPLY ENHANCING CROP GROWTH, YIELD, AND RESISTANCE TO STRESS TO DRIVE MARKET       75

8.7         SULFUR-BENTONITE-COPPER  76

8.7.1      ENHANCED CROP GROWTH, YIELD, AND DISEASE RESISTANCE TO FUEL MARKET  76

8.8         SULFUR-BENTONITE-IRON       76

8.8.1      STEADY AND BALANCED NUTRIENT RELEASE ENABLING IMPROVED YIELD, CROP GROWTH, AND VITALITY TO DRIVE MARKET       76

9            SULFUR BASED MICRONUTRIENTS MARKET, BY REGION           77

9.1         INTRODUCTION            78

FIGURE 28         ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              78

TABLE 13           SULFUR BASED MICRONUTRIENTS MARKET, BY REGION, 2018–2022 (USD MILLION)     78

TABLE 14           SULFUR BASED MICRONUTRIENTS MARKET, BY REGION, 2023–2029 (USD MILLION)     79

TABLE 15           SULFUR BASED MICRONUTRIENTS MARKET, BY REGION, 2018–2022 (KILOTON)             79

TABLE 16           SULFUR BASED MICRONUTRIENTS MARKET, BY REGION, 2023–2029 (KILOTON)             79

TABLE 17          SULFUR BASED MICRONUTRIENTS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          80

TABLE 18          SULFUR BASED MICRONUTRIENTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)          80

TABLE 19           SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)     80

TABLE 20           SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)     81

9.2         NORTH AMERICA          81

9.2.1      IMPACT OF RECESSION 81

FIGURE 29         NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET SNAPSHOT        82

TABLE 21          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            82

TABLE 22          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)            83

TABLE 23          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (KILOTON)     83

TABLE 24          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)     83

TABLE 25          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)       84

TABLE 26          NORTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)       84

9.2.2      US         84

9.2.2.1   Food security concerns to drive market          84

TABLE 27           US: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          85

TABLE 28           US: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          85

9.2.3      CANADA            85

9.2.3.1   Environmental concerns and sustainable farming practices to drive market              85

TABLE 29           CANADA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             86

TABLE 30           CANADA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             86

9.2.4      MEXICO             86

9.2.4.1   Shift toward high-value crops to drive market 86

TABLE 31           MEXICO: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             87

TABLE 32           MEXICO: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             87

9.3         ASIA PACIFIC    88

9.3.1      IMPACT OF RECESSION 88

FIGURE 30         ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET SNAPSHOT        89

TABLE 33           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    90

TABLE 34           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)    90

TABLE 35           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (KILOTON)           90

TABLE 36           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)           91

TABLE 37           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             91

TABLE 38           ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             91

9.3.2      CHINA  92

9.3.2.1   Infrastructure development and technological advancements to drive market              92

TABLE 39           CHINA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          92

TABLE 40           CHINA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          92

9.3.3      INDIA   93

9.3.3.1   Increasing foodgrain production to drive market          93

TABLE 41           INDIA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          93

TABLE 42           INDIA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          93

9.3.4      AUSTRALIA       94

9.3.4.1   Environmental and nutritional concerns to drive market            94

TABLE 43           AUSTRALIA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             94

TABLE 44           AUSTRALIA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             94

9.3.5      VIETNAM          95

9.3.5.1   High demand for agricultural produce to drive market 95

TABLE 45           VIETNAM: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             95

TABLE 46           VIETNAM: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             95

9.3.6      JAPAN  96

9.3.6.1   Growing emphasis on sustainable farming practices to drive market        96

TABLE 47           JAPAN: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          96

TABLE 48           JAPAN: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          96

9.3.7      REST OF ASIA PACIFIC  97

TABLE 49           REST OF ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)    97

TABLE 50           REST OF ASIA PACIFIC: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)    97

9.4         EUROPE             98

9.4.1      IMPACT OF RECESSION 98

FIGURE 31         EUROPE: SULFUR BASED MICRONUTRIENTS MARKET SNAPSHOT        99

TABLE 51           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)    100

TABLE 52           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)    100

TABLE 53           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (KILOTON)           101

TABLE 54           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)           101

TABLE 55           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             102

TABLE 56           EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             102

9.4.2      GERMANY         102

9.4.2.1   Highly industrialized economy to drive market             102

TABLE 57           GERMANY: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             103

TABLE 58           GERMANY: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             103

9.4.3      FRANCE             103

9.4.3.1   Heightened awareness regarding nutritional value to drive market           103

TABLE 59          FRANCE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          104

TABLE 60          FRANCE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          104

9.4.4      UK         104

9.4.4.1   Increased focus on sustainability and crop quality to support market growth              104

TABLE 61           UK: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          105

TABLE 62           UK: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          105

9.4.5      POLAND            105

9.4.5.1   Strong focus on increasing crop yields to drive market 105

TABLE 63           POLAND: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             106

TABLE 64           POLAND: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             106

9.4.6      SPAIN   106

9.4.6.1   Growing demand for high-yield and quality crops to drive market            106

TABLE 65           SPAIN: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          107

TABLE 66           SPAIN: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          107

9.4.7      ITALY   107

9.4.7.1   Government initiatives for increasing crop productivity to drive market   107

TABLE 67           ITALY: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          108

TABLE 68           ITALY: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          108

9.4.8      REST OF EUROPE           108

TABLE 69          REST OF EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)       109

TABLE 70          REST OF EUROPE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)       109

9.5         SOUTH AMERICA           110

9.5.1      IMPACT OF RECESSION 110

TABLE 71          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            110

TABLE 72          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)            110

TABLE 73          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (KILOTON)     111

TABLE 74          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)     111

TABLE 75          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)       111

TABLE 76          SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)       112

9.5.2      BRAZIL 112

9.5.2.1   Investment in agricultural R&D to drive market           112

TABLE 77           BRAZIL: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)          112

TABLE 78           BRAZIL: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          113

9.5.3      ARGENTINA      113

9.5.3.1   Rising demand for grains to drive market       113

TABLE 79           ARGENTINA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             113

TABLE 80           ARGENTINA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             114

9.5.4      REST OF SOUTH AMERICA         114

TABLE 81           REST OF SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)    114

TABLE 82           REST OF SOUTH AMERICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)    115

9.6         REST OF WORLD (ROW)             115

9.6.1      IMPACT OF RECESSION 115

TABLE 83           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)            115

TABLE 84           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)            116

TABLE 85           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2018–2022 (KILOTON)     116

TABLE 86           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)     116

TABLE 87           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)       117

TABLE 88           REST OF WORLD: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)       117

9.6.2      SOUTH AFRICA 117

9.6.2.1   Shift toward intensive and technologically advanced farming to drive market              117

TABLE 89           SOUTH AFRICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)       118

TABLE 90           SOUTH AFRICA: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)       118

9.6.3      TURKIYE            118

9.6.3.1   Increasing trend toward sustainable and responsible farming practices to drive market   118

TABLE 91           TURKIYE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             119

TABLE 92           TURKIYE: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             119

9.6.4      REST OF ROW   119

TABLE 93           REST OF ROW: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2018–2022 (USD MILLION)             120

TABLE 94           REST OF ROW: SULFUR BASED MICRONUTRIENTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             120

10          COMPETITIVE LANDSCAPE       121

10.1       INTRODUCTION            121

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          121

10.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS              121

10.3       REVENUE ANALYSIS, 2023          124

10.4       TOP 5 PLAYERS’ REVENUE ANALYSIS    125

FIGURE 32         REVENUE ANALYSIS OF KEY COMPANIES, 2019–2023      125

10.5       MARKET SHARE ANALYSIS         125

10.5.1    RANKING OF KEY MARKET PLAYERS, 2023          125

FIGURE 33         RANKING OF TOP FIVE PLAYERS IN SULFUR BASED MICRONUTRIENTS MARKET, 2023          125

10.6       MARKET SHARE OF KEY PLAYERS          126

FIGURE 34         SULFUR BASED MICRONUTRIENTS MARKET SHARE ANALYSIS              126

TABLE 95           DEGREE OF COMPETITION: SULFUR BASED MICRONUTRIENTS MARKET     126

10.7       BRAND/PRODUCT COMPARISON          128

FIGURE 35         BRAND/PRODUCT COMPARISON          128

10.7.1    PRO TETRA       129

10.7.2    NUTRA SPRAY ZINC 50 PLUS      129

10.7.3    MICROESSENTIALS SZ  129

10.7.4    AGROBLEN 8-28-7-3CAO-3MGO-8.5SO3-0.5B       129

10.7.5    EPSOPROFITOP             129

10.8       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   130

10.8.1    STARS  130

10.8.2    EMERGING LEADERS    130

10.8.3    PERVASIVE PLAYERS     130

10.8.4    PARTICIPANTS 130

FIGURE 36         SULFUR BASED MICRONUTRIENTS MARKET: COMPANY EVALUATION MATRIX, KEY PLAYERS    131

10.8.5    COMPANY FOOTPRINT 132

FIGURE 37         COMPANY FOOTPRINT (18 COMPANIES)           132

TABLE 96           REGION: COMPANY FOOTPRINT (18 COMPANIES)         133

TABLE 97           TYPE: COMPANY FOOTPRINT (18 COMPANIES) 134

TABLE 98           APPLICATION: COMPANY FOOTPRINT (18 COMPANIES)              135

10.9       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          136

10.9.1    PROGRESSIVE COMPANIES       136

10.9.2    RESPONSIVE COMPANIES          136

10.9.3    DYNAMIC COMPANIES 136

10.9.4    STARTING BLOCKS       136

FIGURE 38         SULFUR BASED MICRONUTRIENTS MARKET: COMPANY EVALUATION MATRIX FOR STARTUPS/SMES    137

10.9.5    COMPETITIVE BENCHMARKING            138

TABLE 99           SULFUR BASED MICRONUTRIENTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES           138

TABLE 100         SULFUR BASED MICRONUTRIENTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        138

10.10     VALUATION AND FINANCIAL METRICS 139

FIGURE 39         EV/EBITDA       139

FIGURE 40         COMPANY VALUATION 140

FIGURE 41         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF KEY MANUFACTURERS            140

10.11     COMPETITIVE SCENARIO AND TRENDS             141

10.11.1  PRODUCT LAUNCHES  141

TABLE 101         SULFUR BASED MICRONUTRIENTS MARKET: PRODUCT LAUNCHES (JANUARY 2018–MAY 2024)  141

10.11.2  DEALS  141

TABLE 102         SULFUR BASED MICRONUTRIENTS MARKET: DEALS (JANUARY 2018–MAY 2024) 141

11          COMPANY PROFILES    143

11.1       MAJOR PLAYERS            143

(Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats)*

11.1.1    NUTRIEN LTD. 143

TABLE 103         NUTRIEN LTD.: COMPANY OVERVIEW  143

FIGURE 42         NUTRIEN LTD.: COMPANY SNAPSHOT 144

TABLE 104         NUTRIEN LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              145

TABLE 105         NUTRIEN LTD.: DEALS (JANUARY 2018–MAY 2024)          145

TABLE 106         NUTRIEN LTD.: EXPANSIONS (JANUARY 2018–MAY 2024)              146

11.1.2    THE MOSAIC COMPANY             148

TABLE 107         THE MOSAIC COMPANY: COMPANY OVERVIEW             148

FIGURE 43         THE MOSAIC COMPANY: COMPANY SNAPSHOT             149

TABLE 108         THE MOSAIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          149

TABLE 109         THE MOSAIC COMPANY: DEALS (JANUARY 2018–MAY 2024)              150

11.1.3    YARA INTERNATIONAL 151

TABLE 110         YARA INTERNATIONAL: COMPANY OVERVIEW 151

FIGURE 44         YARA INTERNATIONAL: COMPANY SNAPSHOT 152

TABLE 111         YARA INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED          152

TABLE 112         YARA INTERNATIONAL: DEALS (JANUARY 2018–MAY 2024)              155

11.1.4    ICL        157

TABLE 113         ICL: COMPANY OVERVIEW        157

FIGURE 45         ICL: COMPANY SNAPSHOT        158

TABLE 114         ICL: PRODUCTS/SOLUTIONS/SERVICES OFFERED         158

TABLE 115         ICL: DEALS (JANUARY 2018–MAY 2024)  159

TABLE 116         ICL: EXPANSIONS (JANUARY 2018–MAY 2024)     160

11.1.5    K-S AKTIENGESELLSCHAFT       162

TABLE 117         K-S AKTIENGESELLSCHAFT: COMPANY OVERVIEW       162

FIGURE 46         K-S AKTIENGESELLSCHAFT: COMPANY SNAPSHOT       163

TABLE 118         K-S AKTIENGESELLSCHAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED   163

TABLE 119         K-S AKTIENGESELLSCHAFT: DEALS (JANUARY 2018–MAY 2024)              164

TABLE 120         K-S AKTIENGESELLSCHAFT: EXPANSIONS         165

11.1.6    COROMANDEL INTERNATIONAL LIMITED        166

TABLE 121         COROMANDEL INTERNATIONAL LIMITED: COMPANY OVERVIEW        166

FIGURE 47         COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT        166

TABLE 122         COROMANDEL INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   167

11.1.7    NUFARM            168

TABLE 123         NUFARM: COMPANY OVERVIEW            168

FIGURE 48         NUFARM: COMPANY SNAPSHOT            169

TABLE 124         NUFARM: PRODUCTS/SOLUTIONS/SERVICES OFFERED              170

11.1.8    DFPCL 171

TABLE 125         DFPCL: COMPANY OVERVIEW  171

FIGURE 49         DFPCL: COMPANY SNAPSHOT  171

TABLE 126         DFPCL: PRODUCTS/SOLUTIONS/SERVICES OFFERED   172

11.1.9    EUROCHEM GROUP      173

TABLE 127         EUROCHEM GROUP: COMPANY OVERVIEW      173

TABLE 128         EUROCHEM GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          173

11.1.10  SQM S.A.            177

TABLE 129         SQM S.A.: COMPANY OVERVIEW             177

FIGURE 50         SQM S.A.: COMPANY SNAPSHOT            177

TABLE 130         SQM S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178

11.1.11  BALCHEM CORP.           179

TABLE 131         BALCHEM CORP.: COMPANY OVERVIEW            179

FIGURE 51         BALCHEM CORP.: COMPANY SNAPSHOT            180

TABLE 132         BALCHEM CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          180

11.1.12  OMEX   181

TABLE 133         OMEX: COMPANY OVERVIEW   181

TABLE 134         OMEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED    181

11.1.13  SML LIMITED   182

TABLE 135         SML LIMITED: COMPANY OVERVIEW    182

TABLE 136         SML LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED              182

11.1.14  ARIES AGRO LIMITED   183

TABLE 137         ARIES AGRO LIMITED: COMPANY OVERVIEW    183

FIGURE 52         ARIES AGRO LIMITED: COMPANY SNAPSHOT   183

TABLE 138         ARIES AGRO LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED          184

11.1.15  TIGER-SUL PRODUCTS, LLC     186

TABLE 139         TIGER-SUL PRODUCTS, LLC: COMPANY OVERVIEW      186

TABLE 140         TIGER-SUL PRODUCTS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   186

TABLE 141         TIGER-SUL PRODUCTS, LLC: DEALS (JANUARY 2018–MAY 2024)              188

11.1.16  HAIFA GROUP  189

TABLE 142         HAIFA GROUP: COMPANY OVERVIEW   189

TABLE 143         HAIFA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              189

TABLE 144         HAIFA GROUP: DEALS (JANUARY 2018–MAY 2024)           190

11.1.17  KUGLER COMPANY       191

TABLE 145         KUGLER COMPANY: COMPANY OVERVIEW       191

TABLE 146         KUGLER COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          191

11.1.18  NUTRI-TECH SOLUTIONS PTY LTD       193

TABLE 147         NUTRI-TECH SOLUTIONS PTY LTD.: COMPANY OVERVIEW              193

TABLE 148         NUTRI-TECH SOLUTIONS PTY LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED   193

11.2       OTHER KEY PLAYERS    198

11.2.1    AGROLIQUID   198

TABLE 149         AGROLIQUID: COMPANY OVERVIEW    198

TABLE 150         AGROLIQUID: PRODUCT LAUNCHES (JANUARY 2018–MAY 2024)    198

11.2.2    ATP NUTRITION            199

TABLE 151         ATP NUTRITION: COMPANY OVERVIEW             199

11.2.3    KEG RIVER CHEMICAL CORP.    200

TABLE 152         KEG RIVER CHEMICAL CORP.: COMPANY OVERVIEW    200

11.2.4    AGRO-K CORPORATION            201

TABLE 153         AGRO-K CORPORATION: COMPANY OVERVIEW             201

11.2.5    SULVARIS INC.  202

TABLE 154         SULVARIS INC.: COMPANY OVERVIEW  202

*Business Overview, Products/Services/Solutions Offered, Recent Developments, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats might not be captured in case of unlisted companies.

12          ADJACENT AND RELATED MARKETS     203

12.1       INTRODUCTION            203

12.2       LIMITATIONS   203

12.3       SULFUR BASED MICRONUTRIENT INTERCONNECTED MARKETS              203

12.4       AGRICULTURAL MICRONUTRIENTS MARKET   203

12.4.1    MARKET DEFINITION   203

12.4.2    MARKET OVERVIEW     203

12.4.3    AGRICULTURAL MICRONUTRIENTS MARKET, BY FORM             204

TABLE 155         AGRICULTURAL MICRONUTRIENTS MARKET, BY FORM, 2018–2022 (USD MILLION)     204

TABLE 156         AGRICULTURAL MICRONUTRIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)     204

12.4.3.1 Chelated micronutrients    205

12.4.3.2 Non-chelated micronutrients           205

13          APPENDIX         206

13.1       DISCUSSION GUIDE      206

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             208

13.3       CUSTOMIZATION OPTIONS      210

13.4       RELATED REPORTS       210

13.5       AUTHOR DETAILS         211