Share on

Middle East And Africa Agrochemicals Market By Type (Fertilizers - Nitrogenous, Phosphate, Potassic Based Fertilizers; Pesticides - Organophosphates, Pyrethroids, Biopesticides; Plant Growth Regulators-Auxins, Cytokinins, Others; Adjuvants-Activator Adjuvants, Utility Adjuvants), By Application (Crop Based-Oil Seeds, Fruits & Vegetables, Grains & Cereals; Non Crop Based-Turf & Ornamental Grass And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 916
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Agrochemicals Market Size, Growth, Trends and Forecast:

Middle East and Africa Agrochemicals Market was worth $18.43 billion in 2021 and estimated to be growing at a CAGR of 2.835%, to reach $21.04 billion by 2026.

The agrochemicals market is deemed to be one of the most essential segments of agro-inputs, owing to the increasing commercial farming of high-value crops to meet the growing diversified food demand. Agrochemicals are therefore seen as those products, which boost the return on investment and also help in meeting farmers as well as customer demands, from the economical and health standpoint with growing per hectare production of quality agricultural crops.

Drivers and Restraints of Middle East and Africa Agrochemicals Market:

The growth of the Middle East and Africa Agrochemicals market is majorly driven by factors such as rising population, a wide range of pest control applications of Agrochemicals, and decreasing arable land. However, safer substitutes such as bio-farming and organic pesticides and volatile nature of economies in this region are the major restraining factors for the market in this region. Furthermore, agrochemicals get amassed on the land surface and may even pollute groundwater.

Middle East and Africa Agrochemicals Market Segmentation:

Middle East and Africa Agrochemicals Market – By Type:

  • Fertilizers

    • Nitrogenous
    • Phosphate
    • Potassic
  • Pesticides
    • organophosphates
    • pyrethroids
    • biopesticides
  • Plant Growth Regulators
    • Auxins
    • and Cytokinins
  • Adjuvants
    • Activator Adjuvants
    • Utility Adjuvants

Nitrogenous fertilizers lead the agrochemicals market on the basis of type. However, the demand for pesticides is increasing at a high rate, given the growing frequency of numerous pests and diseases. Currently, the Pesticides market is being spearheaded by herbicides products, trailed by fungicides and insecticides.

Middle East and Africa Agrochemicals Market – By Application:

  • Crop Based
    • Oilseeds
    • Fruits & Vegetables
    • Grains & Cereals
  • Non-Crop Based
    • Turf & Ornamental Grass
    • others

By application, grains & cereals lead the market for Agrochemicals and this trend is anticipated to remain during the forecast period.

Geographical Analysis:

The market has been geographically segmented into the Middle East and Africa. The Middle East and Africa region is one of the fastest-growing markets for agrochemicals and is projected to grow substantially during the forecast period due to the growing disposable income levels, and rising food security in this region.

Key Players:

The market for agrochemicals is extremely consolidated and streamlined owing to the domination of the market by a handful of companies. Some of the major companies dominating this market are Bayer Crop Science., Dow-DuPont, Syngenta AG, BASF SE, Agrium Inc., Monsanto Company, Israel Chemicals Ltd., Yara International ASA, Mosaic Company and Sociedad Química Y Minera S.A.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample