Scope & Size Of The Middle East and Africa Biostimulants Market Scope
The Middle East and Africa Biostimulants Market Growth at a rate of 10.5% in the forecast period 2022 to 2027.
Middle East and Africa Biostimulants Market Size
Biostimulants market is segmented into seven notable segments which are based on active ingredients, crop type, application method, form, origin, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of active ingredients, Middle East & Africa biostimulants market is segmented into acid based, extract based, microbial amendments, protein hydrolysates, B-vitamins, chitin, chitosan and others. Acid based segment is dominating the market as it contains amine group, a carboxylic acid group and a side chain and these are the important molecule providing many functions to the plant as well as increases plant metabolic activity. The important function of the amino acids is to acts as building blocks of protein. Due to its main function activity in the plant it takes high share in biostimulant market. However microbial amendment may grow in this region due to rise in need for other important component such as nitrogen and many others.
- On the basis of crop type, the market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses and other crops. Fruits and vegetables segment is dominating the biostimulants market due to high production of fruits and vegetables globally. Consumers for fruits and vegetables are higher and to fulfil the demand farmers are focused towards producing varied types of fruits and vegetables.
- On the basis of application method, the market is segmented into foliar treatment, soil treatment and seed treatment. Foliar treatment segment is dominating as it is easy to apply on plants and provides high benefits in terms of their growth and productivity.
- On the basis of form, Middle East & Africa biostimulants market is segmented into liquid and dry. Liquid is dominating the market as it is easily absorbed in the soil as well as plant, and provides improvement in the crop to resist abiotic stress hence liquid form of biostimulants are more useful in terms of high crop productivity.
- On the basis of origin, Middle East & Africa biostimulants market is segmented into natural biostimulants and synthetic biostimulants. Natural biostimulants segment is dominating due to its minimal harmful effect on ecosystem as it is made up from natural resources including seaweed and other plant materials; the natural biostimulants maintain the fertility of soil and prevent it from erosion. However, synthetic biostimulant may grow due to its high enhanced components.
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Market Analysis and Insights – Middle East and Africa Biostimulants Market
Middle East & Africa biostimulants market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 10.5% in the forecast period of 2020 to 2027 and expected to reach USD 195.62 million by 2027 from USD 89.13 million in 2019. High demand for organic food products and strategic decisions by organizations are the major factors for the biostimulant market growth.
Biostimulants boost crop yield and its value, which positively affects the farm productivity. Agricultural bio stimulant is comprised of multiple amalgamations of chemicals, substances and micro-organisms that are added to the plants or soils to boost crop vigor, production, sensitivity to abiotic pressure and quality. These products have multiple benefits hence its demand is increasing which ultimately help the market to gain substantial growth.
This biostimulants market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Biostimulants Market Country Level Analysis
Biostimulants market is segmented into seven notable segments which are based on active ingredients, crop type, application method, form, origin, end user and distribution channel.
The countries covered in the biostimulants market report are South Africa, Egypt, Saudi Arabia, Israel, United Arab Emirates and rest of Middle East and Africa.
Middle East & Africa is growing in the market as demand of biostimulants is increasing for high crop productivity in agriculture sector. Biostimulants contains natural plant growth stimulants which are often used in combined form with holistic nutritional supplementation helps in growth of the plant. South Africa is dominating the market as companies are involved in developing and providing biostimulants products as it has high agriculture activity and there is need for sustainable agriculture. Along with this organizations are proving awareness reading the biostimulant. For instance, in November 2017, Fertilizer Association of Southern Africa has conducted biofertilizers workshop in which various professionals participated along with grower in order to understand the stimulant need. This has helped the market to grow in Middle East and Africa region as market potential of biostimulants, biofertilizers and biopesticides were explained including a detailed explanation of the definitions.
Middle East and Africa Biostimulants Market Share Analysis
Biostimulants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, their presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to biostimulants market.
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Key Players Middle East and Africa Biostimulants Market
The major players covered in the report are Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., ADAMA Ltd, KOPPERT BIOLOGICAL SYSTEMS, Haifa Group, Novozymes, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, AGROENZYMAS, MICROMIX, Syngenta, Bayer AG, UPL and others. Biostimulants market share and data is available for country wise in Middle East & Africa and they are South Africa, Egypt, Saudi Arabia, Israel, U.A.E, and Rest of Middle East & Africa separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately
MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
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