Middle East and Africa Microbial Inoculation Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026. Inoculants are added to the soil for better growth of the plant and to increase agricultural productivity. They are beneficial for plant nutrition and its growth. It also helps in the aggregation and stabilization of soil.
Drivers and Restraints of Middle East and Africa Microbial Inoculation Market:
The rising demand of organic fertilizers is driving the microbial inoculants market. Organic farming helps improve soil quality and controls diseases and pests which are likely to affect plant growth. The rise in the cost of agrochemicals and its negative effect on crops is further driving the market. However, there is a lack of awareness regarding the benefits of microbial inoculants which is restraining the market growth during the forecast period.
Middle East and Africa Microbial Inoculation Market – By Type:
plant growth-promoting microorganisms
Plant growth-promoting microorganisms are leading the market as they help in enriching the soil and provide immunity to the plant.
Middle East and Africa Microbial Inoculation Market – By Source:
Bacterial inoculants hold the dominant share in the market.
Middle East and Africa Microbial Inoculation Market – By Application:
Middle East and Africa Microbial Inoculation Market – By Crop Type:
Geographical Analysis:
On the basis of geography, the market is analyzed under various regions namely the Middle East and Africa
Key Players:
Some of the key participants in the microbial agricultural inoculants market include BASF S.E., E. I. Dupont De Nemours Company, Bayer Crop Science, Novozymes A/S, Verdesian Life Sciences LLC, Advanced Biological Marketing Inc., Brettyoung, Precison Laboratories LLC, Queensland Agricultural Seeds Pty Limited, Xitebio Technologies Incorporated.
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