India Micronutrient Fertilizer Market Size, Share, Trends and Forecasts 2031

Key Findings

• The India Micronutrient Fertilizer Market is expanding due to rising soil nutrient depletion, increased focus on high-yield farming, and growing awareness of crop nutrition imbalances.
• Demand for micronutrient blends is increasing as farmers adopt balanced fertilization practices to enhance crop productivity.
• Chelated micronutrient formulations are gaining popularity due to improved nutrient absorption and reduced soil binding.
• Precision agriculture and soil testing advancements are driving customized micronutrient application across farms in India.
• Manufacturers are developing slow-release and water-soluble micronutrient solutions to improve nutrient delivery efficiency.
• Increased cultivation of high-value crops is accelerating the need for targeted micronutrient enrichment.
• Government initiatives promoting soil health and sustainable farming practices are strengthening market adoption.
• Partnerships between fertilizer producers and agri-input distributors are improving product accessibility across India.

India Micronutrient Fertilizer Market Size and Forecast

The India Micronutrient Fertilizer Market is projected to grow from USD XX million in 2025 to USD XX million by 2031, at a CAGR of XX%. Rising nutrient deficiencies in agricultural soils and increased awareness about zinc, boron, iron, and manganese deficiencies are driving product demand. High-pressure farming for greater yields is encouraging farmers to adopt micro-balanced nutrient programs. Chelated and liquid micronutrient products are gaining wider acceptance due to their higher uptake efficiency. Expanding horticulture and commercial farming are increasing demand for specialized micronutrient blends. Government-backed soil health initiatives will continue supporting market growth.

Introduction

Micronutrient fertilizers supply essential trace elements required in small quantities for crop growth, including zinc, boron, iron, manganese, copper, molybdenum, and chlorine. In India, intensive cultivation, mono-cropping, and excessive use of NPK fertilizers have increased micronutrient deficiencies in agricultural soils. Demand for tailored micronutrient solutions is rising due to improved access to soil diagnostics and precision farming tools. Chelated micronutrients offer enhanced bioavailability and reduced nutrient loss in alkaline soils. Manufacturers provide products in granular, liquid, and foliar formulations for different crop systems. As agriculture modernizes, micronutrient fertilizers play a key role in improving yield quality and plant resilience.

Future Outlook

By 2031, the India Micronutrient Fertilizer Market will witness greater adoption of customized nutrient blends supported by advanced soil mapping and digital agronomy tools. Chelated micronutrients will gain greater market share as farmers shift toward efficient trace-element delivery systems. Sustainable agriculture movements will promote organic micronutrient sources and eco-friendly formulations. Automated fertigation systems will increase usage of water-soluble micronutrient blends, particularly in horticulture. High-value crops such as fruits, vegetables, and plantation crops will remain major demand contributors. The overall market will benefit from strong government and industry focus on improving soil health and crop productivity.

India Micronutrient Fertilizer Market Trends

• Increasing Preference for Chelated Micronutrients for Higher Bioavailability
  Farmers in India are increasingly opting for chelated micronutrients due to superior nutrient uptake and reduced soil fixation. Chelates help maintain nutrient availability even in alkaline and calcareous soils, improving fertilizer efficiency. Rising adoption of micro-irrigation systems supports the use of liquid chelated formulations. These products enhance yield response in high-value crops and ensure consistent nutrient delivery. Manufacturers are investing in advanced chelation technologies to increase product competitiveness. This trend reflects a shift toward performance-driven nutrient solutions.

• Growth of Precision Farming and Soil Health Diagnostics
  Precision agriculture in India is promoting targeted micronutrient application using soil testing, GPS-based mapping, and digital agronomy tools. Farmers rely on nutrient audits to identify micronutrient deficiencies and adjust fertilizer programs accordingly. This increases demand for specific micronutrient blends tailored to crop and soil needs. Precision tools reduce over-application and minimize micronutrient wastage. Improved advisory services strengthen farmer awareness and adoption. This trend highlights the transition to data-driven nutrient management.

• Rising Adoption of Water-Soluble and Foliar Micronutrient Fertilizers
  Water-soluble micronutrient fertilizers are gaining traction across India due to compatibility with drip and sprinkler irrigation systems. Foliar sprays offer rapid nutrient absorption, especially during critical plant growth stages. These formulations help correct micronutrient deficiencies quickly, improving crop uniformity and quality. Water-soluble products support modern horticulture and protected cultivation systems. Farmers prefer these solutions for their ease of mixing and application flexibility. This trend indicates increasing modernization of nutrient application methods.

Market Growth Drivers

• Increasing Soil Micronutrient Deficiencies Across Farmlands
  Intensive agriculture in India has depleted trace nutrients such as zinc, iron, and boron from soils. Farmers are increasingly aware of the need for balanced nutrient application to maintain soil fertility. Declining micronutrient levels reduce crop yields and impair plant health. Micronutrient fertilizers help restore productivity and improve stress tolerance. Soil testing initiatives reveal growing deficiency hotspots. This driver remains central to micronutrient fertilizer adoption.

• Rising Cultivation of High-Value and Nutrient-Sensitive Crops
  Fruits, vegetables, and plantation crops require consistent trace nutrient support for optimal growth and quality. Expansion of commercial horticulture in India boosts demand for specialized micronutrient blends. Farmers seek improved crop color, size, and disease resistance, all of which depend on balanced micronutrient supply. High-value crops offer better returns, encouraging investment in micro-balanced nutrition programs. Producers rely on advanced formulations to enhance export quality. This growth driver is closely linked to rising crop diversification.

• Supportive Government Policies Promoting Soil Health and Balanced Fertilization
  Soil health missions and balanced fertilization programs in India encourage widespread adoption of micronutrient products. Subsidies and incentive schemes support farmer access to high-quality micronutrient blends. Public extension services educate farmers on the importance of trace elements. Regulatory frameworks ensure product quality and encourage innovation. Government-backed campaigns increase awareness of hidden hunger in soils. This driver aligns policy support with improved agricultural productivity.

Challenges in the Market

• Low Awareness and Misconceptions Among Smallholder Farmers
  Many small farmers in India have limited understanding of micronutrient functions and their impact on crop yield. Misconceptions about cost and effectiveness reduce adoption rates. Lack of technical guidance often leads to improper dosage application. Awareness gaps hinder demand compared to macronutrient fertilizers. Strengthening farmer education programs is essential. This challenge slows market penetration in rural regions.

• Price Sensitivity and Limited Access to Advanced Formulations
  Advanced chelated and water-soluble micronutrients often come at higher costs, making them less affordable for small-scale farmers. Cost-sensitive users may choose low-quality alternatives that deliver inconsistent results. High prices limit usage in low-margin crops. Market growth depends on balancing affordability with innovation. Price sensitivity remains a major constraint in emerging agricultural regions. This challenge affects adoption of premium nutrient solutions.

• Compatibility Issues With Complex Agrochemical Programs
  Micronutrient fertilizers must be compatible with various pesticides, fertilizers, and irrigation systems. Poor compatibility causes precipitation, clogging, or reduced efficacy of mixtures. Farmers require proper guidance on tank-mixing and application timing. Compatibility challenges complicate formulation development for manufacturers. Inefficient combinations reduce nutrient availability and hamper crop outcomes. This challenge underscores the importance of technical support and product testing.

India Micronutrient Fertilizer Market Segmentation

By Nutrient Type

• Zinc

• Boron

• Iron

• Manganese

• Copper

• Molybdenum

By Form

• Chelated

• Non-Chelated

• Liquid Formulations

By Application Method

• Soil Application

• Foliar Application

By Crop Type

• Cereals and Grains

• Fruits and Vegetables

• Oilseeds and Pulses

• Plantation Crops

• Horticultural Crops

Leading Key Players

• Yara

• Haifa Chemicals

• ICL Group

• Mosaic

• Nutrien

• Aries Agro

• Coromandel International

• Nufarm

• Helena Agri

• Valagro

Recent Developments

• Yara expanded its chelated micronutrient fertilizer portfolio in India to support precision farming adoption.

• Haifa Chemicals launched new water-soluble micronutrient blends in India designed for fertigation systems.

• ICL Group introduced biodegradable micronutrient formulations in India for sustainable crop nutrition programs.

• Mosaic partnered with agricultural distributors in India to improve farmer access to balanced micronutrient solutions.

• Valagro developed advanced foliar micronutrient sprays in India to enhance rapid nutrient uptake in high-value crops.

This Market Report Will Answer the Following Questions

1. What is the projected market size and growth rate of the India Micronutrient Fertilizer Market by 2031?

2. Which micronutrients are witnessing the highest demand across different crop types in India?

3. How are precision agriculture, soil testing, and chelated formulations shaping market adoption?

4. What challenges limit micronutrient usage among small and medium farmers?

5. Who are the major players driving innovation in the India Micronutrient Fertilizer Market?