Metal Chelates Market Size, Share, Opportunities, And Trends By Crop Type (Cereals And Grains, Oil Seeds And Pulses, Fruits And Vegetables, Others), By Product Type (Primary Nutrients, Secondary Nutrients, Micro Nutrients), By Mode Of Application (Fertigation, Foliar, Soil), And By Geography - Forecasts From 2023 To 2028

  • Published : Sep 2023
  • Report Code : KSI061615290
  • Pages : 140

The global metal chelates market is expected to grow at a CAGR of 6.67% during the forecast period.

Metal chelates are described as organic chemical compounds that form covalent and iconic bonds with metal elements. Metal chelates are found naturally such as porphyrins and fulvic acid or can be manufactured in a facility like EDTA and phthalocyanines. Metal chelates are mostly used in agriculture, dye & pigment as well as personal care industries. In agriculture, chelated metals are used to speed up the growth of the crop as well as act as fertilizer. A few examples of popular metal ions that go through the chelation process are copper, iron, manganese, and zinc. The market for metal chelates machines is divided into various segments, including product type, crop type, mode of application, and geographical regions.

Metal chelates have applications in several wide ranges of end-user industries as well as laboratories. Chelated metals are used in the products of several products such as dietary supplements, drugs, food products, cosmetics, and personal care products which is driving the growth of the global market. However, agriculture is one of the significant users of chelated metal products. Metal chelates are added to crops to improve respiration, metabolism, energy transmission, nitrogen fixation, and plant growth. The booming population, rising food insecurity, and growing scarcity of fertile farmland and other resources are driving the demand for nutrient-rich, high-yielding crops. Moreover, metal deficiency in plants due to lack of fertile soil is also growing demand for agricultural metal chelates.

However, the availability of low-cost substitutes, growing demand for organic fertilizer, high price, and lack of knowledge about micronutrient deficiency are likely to obstruct the growth of the global market for metal chelates during the projection period. Continuous product innovation, launches, and progress in agriculture technology are providing new opportunities for key market players.

Growing population, focus on food security, and scarcity of agricultural resources are factors driving the metal chelates market growth

According to the most current UN estimate, there are 8 billion people on the planet right now, and by 2050 that number might increase to 9.7 billion. Global food demand is increasing as a result of this development and rising income in emerging nations, which affect people's diets by making them consume more meat and vegetables leading to an increase in food demand.

It is predicted that food demand will increase by 59 percent to 98 percent by 2050. In response, farmers around the world will have to expand their farming area or increase productivity on already existing land by using irrigation, fertilizers, and micronutrients like chelated metals.

The production of the desired amount of food crops will also become difficult in the future due to a number of other problems, such as urbanization, climate change, lack of fertile farmland, and investment. Studies have shown that agricultural yields will be significantly impacted over the long term by climate change-related water scarcity, rising global temperatures, and extreme weather. Metal chelates are crucial in agriculture to increase crop yield because they provide micronutrients, which are essential for both plants' and animals' metabolic processes in caressing food supply.

Asia Pacific is anticipated to hold a significant share of the global metal chelates market.

Asia Pacific region is anticipated to hold a substantial market share in metal chelates. This region will experience rapid expansion throughout the projection period due to the growing demand for high-quality and better-yielding crops. Metal chelates are in high demand in markets such as India, Japan, and China. This region's market is also expanding because of the high population and rising food demand. According to recent estimates by the United Nations, Asia is home to 418 million people suffering from severe food insecurity. A predicted 375.8 million people in the Asia Pacific region will face hunger in 2020, up almost 54 million from 2019. This estimate comes from UNICEF's most current report on food security. Moreover, the presence of a well-established agriculture industry and increasing investment are also spurring regional demand for metal chelate fertilizers. They are becoming more popular among people in this region as a result of the demand for metal micronutrients to treat plant deficiencies. In addition, the prevalence of key market players such as BASF, Haifa, Dow Chemicals, Valagro, and others also spur the growth of metal chelates in this region.

Market Developments:

  • In February 2023, the flagship brand of the fertilizer manufacturer Aries Agro Ltd., Aries Chelamin, received India's first ISI Mark for chelated zinc from the Bureau of Indian Standards.
  • In September 2022, Nouryon signed a legally binding agreement to buy ADOB Fertilisers, a provider of chelated micronutrients, foliar, and other specialty fertilizers. With the purchase, Nouryon will be able to increase the variety of products it offers to customers in the crop nutrition industry.

Metal Chelates Market Scope:

Report Metric Details
Growth Rate CAGR of 6.67% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Crop Type, Product Type, Mode of Application, and Geography
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered BASF SE, Akzo Nobel N.V, Aries Agro Limited, Deretil Agronutritional, Haifa Chemicals Ltd, Nufarm Limited, Protex International, Syngenta AG, Valagro SPA, Van Iperen International
Customization Scope Free report customization with purchase

Market Segmentation:

  • By Crop Type
    • Cereals and Grains
    • Oil seeds and Pulses
    • Fruits and Vegetables
    • Others
  • By Product Type
    • Primary Nutrients
    • Secondary Nutrients
    • Micro Nutrients
  • By Mode of Application
    • Fertigation
    • Foliar
    • Soil
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

Frequently Asked Questions (FAQs)

The metal chelates market is expected to grow at a CAGR of 6.67% during the forecast period.
Prominent key market players in the metal chelates market include BASF SE, Akzo Nobel N.V, Aries Agro Limited, Deretil Agronutritional, and Haifa Chemicals Ltd, among others.
The metal chelates market has been segmented by crop type, product type, mode of application, and geography.
The growing population, rising food insecurity, and scarcity of agricultural resources will support the global metal chelates market growth.
Asia Pacific is anticipated to hold a significant share of the global metal chelates market.


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Research Process


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. Cereals and Grains

5.3. Oil seeds and Pulses

5.4. Fruits and Vegetables

5.5. Others


6.1. Introduction

6.2. Primary Nutrients

6.3. Secondary Nutrients

6.4. Micro Nutrients


7.1. Introduction

7.2. Fertigation

7.3. Foliar

7.4. Soil


8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others


9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix


10.1. BASF SE

10.2. Akzo Nobel N.V

10.3. Aries Agro Limited

10.4. Deretil Agronutritional

10.5. Haifa Chemicals Ltd

10.6. Nufarm Limited

10.7. Protex International

10.8. Syngenta AG

10.9. Valagro SPA

10.10. Van Iperen International


Akzo Nobel N.V

Aries Agro Limited

Deretil Agronutritional

Haifa Chemicals Ltd

Nufarm Limited

Protex International

Syngenta AG

Valagro SPA

Van Iperen International