A recent report by Transparency Market Research states that the global market for micronutrients was valued at USD 4.37 billion last year, and is anticipated to reach 7.59 billion by 2020. This forecast is based on factors around the world such as depleting arable land and a higher demand for quality and uniform yield. This report and the upcoming Farm Chemical Trade (FCI) Summit are pushing micronutrients into the spotlight.
Technology is changing agriculture around the world and those changes can be felt from the large farms to the home gardener. The ability to research healthy soil and plant practices is resulting in ever more cost effective and sustainable ways to grow robust crops. This is especially true when it comes to micronutrients. All living organisms need micronutrients for optimal health and performance, especially plants.
Micronutrients are essential nutrients required by plants in smaller (micro) quantities, whereas macronutrients like nitrogen, phosphorus, calcium, magnesium, sulfur, and potassium are needed in larger (macro) quantities. Sometimes referred to as minor or trace elements, micronutrients include iron, boron, copper, chloride, manganese, zinc, molybdenum, and cobalt. Managing micronutrients can be challenging for growers since routine soil tests do not test for all micronutrient concentrations. Applying organic matter such as composts, grass clippings, or crop residues can help add micronutrients to the soil.
Micronutrients are not less important than macronutrients in crop nutrient management plans because they are needed in smaller quantities. Micronutrients promote better yields, photosynthesis, and greater soil health and thus, should be considered essential for overall crop health:
- Manganese acts as a catalyst in enzymatic processes in plants.
- Boron has an important role in the circulation of sugars.
- Copper promotes photosynthesis in plants.
- Iron contributes to the formation of proteins.
- Zinc acts as an activator and participates in the formation of growth hormones.
- Molybdenum is an essential element in the synthesis of amino acids from the nitrogen absorbed.
FCI Trade Summit speaker Dr. Raymond Hoyum, recently posted an article on Farm Chemical Internationals website that supports what the Transparency Market Research reveals. He sees micronutrients as global business opportunity and points out thatwhether crops are grown under adequate moisture conditions or in low soil moisture environments, attention to micronutrient availability is both a growing concern and a growing marketing opportunity for micronutrient suppliers.
Now more than ever, its important for micronutrient suppliers and everyone in the agricultural field to remember that responsible agriculture is as important as increasing yield.
At Vegalab we create products that are environmentally responsible. Our PRO line of fertilizers and is a powerful and extensive range of macro, secondary, and micronutrients. They provide the essential elements to maintain optimal crop growth. These fertilizers are constructed with organic acids and natural complexing agents that aid in the absorption of nutrients to greatly reduce the amount of chemical runoff and volatile compounds inside the soil. This in turn stimulates necessary crop growth and ensures the safety of important beneficial insects and microorganisms.
As the conversation about micronutrients continues, its critical to keep in mind the industrys responsibility to create sustainable products that will protect the environment. David Selakovic, who manages Vegalabs corporate headquarters in Geneva Switzerland, is committed to the companys vision of a healthy agricultural environment. Read more about it here.