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Production Of Micronutrients Fertilizer Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities | |
| Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Deficiencies of micronutrients have been increasing in some crops. Some reasons are higher crop yields which increase plant nutrient demands, use of high analyses NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Micronutrient deficiencies have been verified in many soils through increased use of soil testing and plant analyses. Agricultural micronutrients have become a fundamental input in agriculture production and leading the industry to achieve its transformation in line with the changing demand from growers as well as to replenish the increasing demand for food with the increasing population worldwide. The agricultural micronutrients market growth has increased progressively because of increased global micronutrient deficiency in soil and shrinkage in the world’s agricultural land. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under: • Abellon Agrisciences Ltd. • Agro Extracts Ltd. • Champion Agro Ltd. • Good Value Mktg. Co. Ltd. • Jupiter Biotech Ltd. • Jutlibari Tea Co. Ltd. • Krishna Industrial Corpn. Ltd. Market Outlook Global market for micronutrient fertilizers is expected to reach a market value of $6291.3 million by 2022 from an estimated $3922.2 million in 2016 with an annual compound growth rate of 8.2% during 2017-2022. Micronutrient fertilizers are fertilizers that contain various micronutrients at commercially valuable concentration. These fertilizers contain trace elements which are required for holistic growth of plants but are applied in small quantities. 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| Plant capacity: Micronutrient Fertilizer for Fruits : 187,500 Kgs/annum Micronutrient Fertilizer for Vegeta.... | Plant & machinery: 23 Lakhs |
| Working capital: - | T.C.I: Cost of Project 114 Lakhs |
| Return: 26.00% | Break even: 76.00% |
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