The Global Micronutrients Market is projected to reach USD 6.94 billion by 2030

According to the report published by Virtue Market Research in  The Micronutrients Market was valued at USD 5 billion in 2025. Over the forecast period of 2026-2030, it is projected to reach USD 6.94 billion, growing at a CAGR of 6.78%.

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The micronutrients market plays a quiet but powerful role in everyday life. Micronutrients are vitamins and minerals that the human body needs in very small amounts, yet they are essential for growth, energy, immunity, and overall health. Over time, changes in food habits, farming practices, and lifestyles have increased the focus on these nutrients. People across the world are becoming more aware that eating enough food is not the same as getting the right nutrition, and this understanding continues to shape the market in lasting ways.

One long-term driver of the micronutrients market is the steady rise in nutritional deficiencies caused by modern diets. Many people now rely on processed foods that fill the stomach but lack key vitamins and minerals like iron, zinc, iodine, and vitamin D. This problem is seen not only in low-income regions but also in cities where fast food and packaged meals are common. Governments, health groups, and food producers are responding by adding micronutrients to staple foods, supplements, and fortified drinks. This long-term push toward better nutrition has kept demand strong and stable. During the COVID-19 period, this driver became even more visible. The pandemic made people think more about immunity and overall health. Sales of vitamin C, vitamin D, and zinc products rose sharply as people looked for ways to protect themselves. At the same time, supply chains were disrupted, and raw material shortages caused delays and price changes. Even with these challenges, the pandemic reinforced the importance of micronutrients, leaving a lasting impact on awareness and consumption patterns

Segmentation Analysis:

By Type: Zinc, Iron, Manganese, Boron, Molybdenum, and Others

In the micronutrients market by type, zinc holds the largest share because it is widely used across many crops and plays a key role in enzyme activity and plant growth. Farmers often notice zinc deficiency quickly, which pushes steady demand year after year. Iron is commonly applied, yet its use is more localized due to soil conditions, making it smaller in comparison. Manganese and boron serve important but more specific functions, often linked to flowering and seed formation, which limit their overall volume. Molybdenum remains niche because crops need it in very tiny amounts. During the forecast period, boron is expected to be the fastest-growing type as fruit and vegetable cultivation expands and quality-focused farming gains attention. Growers are learning that even a slight boron imbalance affects yield shape and shelf life, which raises adoption. This mix of broad-use and precision-use nutrients keeps the type segment diverse and uneven in growth patterns.

By Application Mode: Soil, Foliar, and Fertigation

Based on application mode, soil application is the largest segment in the micronutrients market because it fits easily into traditional farming practices. Many farmers prefer mixing micronutrients directly into the soil since it aligns with base fertilization routines and requires less specialized equipment. Foliar application is used when quick correction is needed, but it depends heavily on weather and timing, which limits large-scale use. Fertigation, though smaller today, is the fastest-growing application mode during the forecast period. This growth is tied to the rise of drip irrigation and controlled farming systems, especially in water-stressed areas. Fertigation allows nutrients to reach plant roots in a more measured way, reducing waste and improving uptake. As precision farming spreads and farmers seek better cost control, fertigation gains attention. Each application mode serves a different farming mindset, shaping how micronutrients are delivered to crops.

By Form: Chelated and Non-chelated

In terms of form, non-chelated micronutrients represent the largest share of the market because they are simpler to produce and more affordable for large farming areas. These forms have been used for decades and are familiar to distributors and farmers alike. However, their performance can drop in certain soil conditions, such as high pH levels, which limit efficiency. Chelated micronutrients, while smaller in current size, are the fastest-growing form during the forecast period. Their ability to remain stable in the soil and deliver nutrients more effectively makes them appealing for high-value crops. Farmers who focus on yield consistency and reduced application rates are increasingly choosing chelated options. The shift toward protected cultivation and commercial horticulture further supports this trend. Cost sensitivity still shapes buying decisions, but performance-driven farming is slowly changing preferences within this segment.

By Crop Type: Pulses & Oilseeds, Cereals, Fruits & Vegetables, and Others

When viewed by crop type, cereals form the largest segment of the micronutrients market due to their vast cultivation area and role as staple foods. Even small improvements in cereal yields can impact food supply, encouraging regular micronutrient use. Pulses and oilseeds follow, supported by protein demand and soil health benefits, though their acreage is smaller. Fruits and vegetables are the fastest-growing crop type during the forecast period. These crops are sensitive to micronutrient balance, and quality traits like color, size, and taste depend heavily on proper nutrition. Farmers growing fruits and vegetables are more willing to invest in targeted micronutrient programs to meet market standards. The “others” category includes plantation and specialty crops, which contribute steadily but remain limited in scale. Crop diversity keeps demand patterns varied across this segment.

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Regional Analysis:

Regionally, the Asia-Pacific is the largest market for micronutrients due to extensive agricultural activity and widespread soil nutrient deficiencies. Large farming populations and growing awareness of balanced fertilization support steady consumption. Europe maintains a consistent demand driven by regulated farming practices and soil testing, but growth remains moderate. North America shows stable usage with a strong focus on efficiency rather than volume expansion. South America is the fastest-growing region during the forecast period as commercial farming expands and export-oriented crops demand better nutrient management. 

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Latest Industry Developments:

• Strategic Market Expansion Through Innovation and Collaboration: The micronutrients market is witnessing a shift toward advanced product innovation as a trend to grow market share and appeal to modern farming needs. Companies are increasingly launching new formulations that enhance nutrient uptake, improve sustainability, and align with precision agriculture methods. Bio-based and controlled-release micronutrient products are becoming more common, offering farmers higher efficiency and lower environmental impact compared to traditional options. 
• Enhanced Distribution and Localization for Wider Reach: A notable trend shaping how companies expand their footprint in the micronutrients market is a stronger focus on distribution network growth and localization. Firms are investing in new blending facilities and expanding production capacity in developing regions to meet rising demand from diverse agricultural landscapes. This also includes tailoring product portfolios to local soil and crop conditions, ensuring relevance and effectiveness for farmers in different geographies. 
• Digital Adoption and Precision Agriculture Integration: The integration of digital agriculture and precision farming tools with micronutrient offerings is emerging as a strategic trend for market share enhancement. Advanced soil testing platforms, mobile apps, and sensor-based nutrient recommendations are increasingly paired with micronutrient products to help farmers make data-driven decisions.