The biofertilizers market in Middle East & Africa is expected to grow from US$ 72.21 million in 2021 to US$ 178.49 million by 2028; it is estimated to grow at a CAGR of 12.2% from 2021 to 2028.
The increase in government initiatives has led to the increased adoption of biofertilizers by the farmers of various countries. Also, there has been an increased need for sustainability in modern agriculture as the sustainable farming methods are the cornerstone of low input agriculture. The sustainable agriculture conserves energy, water, decreases the vulnerability to drought and reduces greenhouse gas emissions. Biofertilizers helps in improving the crop production as well as improves the soil health along with providing various growth-promoting hormones and phytohormones to the plants. Along with this, the biofertilizer does not leave any residual effects as compared to the chemical fertilizers and thus, is an ideal solution to be used for sustainable agriculture. Biofertilizer is also one of the essential components of integrated nutrient management as they are cost-effective and renewable source of plant protein for sustainable agriculture. Thus, increase government initiative along with increased need for sustainability in modern agriculture is increasing the demand for biofertilizers across the region.South Africa has the highest COVID-19 cases in the Middle East & Africa region, followed by Saudi Arabia and the UAE, among others. UAE was the first country in the Middle East & Africa to report a confirmed case of COVID-19. The impact of lockdown in the Middle Eastern and African countries was that various manufacturing companies related to the chemicals and materials industry was closed which led to a negative impact on the production of biofertilizer. As the manufacturing operations are being resumed and restriction are being uplifted, the biofertilizers market is expected to grow. The increase in organic and sustainable farming, along with an increase demand for organic food products during the pandemic will have a positive impact on the biofertilizers market.With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa biofertilizers market. The Middle East & Africa biofertilizers market is expected to grow at a good CAGR during the forecast period.
Middle East & Africa Biofertilizers Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Biofertilizers Market Segmentation
Middle East & Africa Biofertilizers Market – By Product Type
- Nitrogen Fixing
- Phosphorus Solubilizing
- Potassium Mobilizing
- Others
Middle East & Africa Biofertilizers Market – By Microorganism
- Rhizobium
- Azotobacter
- Phosphate Solubilizing Bacteria
- Others
Middle East & Africa Biofertilizers Market – By Crop Type
- Cereals and Grains
- Oil seeds and Pulses
- Fruits and Vegetables
- Others
Middle East & Africa Biofertilizers Market – Application
- Seed Treatment
- Soil Treatment
- Others
Middle East & Africa Biofertilizers Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Middle East & Africa Biofertilizers Market – Companies Mentioned
- Mapleton Agri Biotec Pt. Ltd
- Novozymes
- RIZOBACTER
- Symborg
- T.Stanes and Company Limited
- UPL
- Vegalab SA
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Middle East & Africa Biofertilizers Market, by Product Type
1.2.2 Middle East & Africa Biofertilizers Market, by Microorganism
1.2.3 Middle East & Africa Biofertilizers Market, by Crop Type
1.2.4 Middle East & Africa Biofertilizers Market, by Application
1.2.5 Middle East & Africa Biofertilizers Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 Biofertilizers Market, by Product Type, Microorganism, Crop Type and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Biofertilizers Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material:
4.3.2 Manufacturing/Processing:
4.3.3 End-User
4.4 Expert Opinion
5. Middle East & Africa Biofertilizers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Strengthening Rapid Growth of Organic Farming
5.1.2 Burgeoning Initiatives by Government Agencies and Increase in Awareness Pertaining to the Need For Sustainability in Modern Agriculture
5.2 Market Restraints
5.2.1 Limited Shelf Life of Biofertilizer
5.3 Market Opportunities
5.3.1 Boost in the Production and Yield of Crops
5.4 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Biofertilizers – Market Analysis
6.1 Middle East & Africa Biofertilizers Market Overview
6.2 Middle East & Africa Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Biofertilizers Market Analysis – By Product Type
7.1 Overview
7.2 Middle East & Africa: Biofertilizers Market, by Product Type
7.3 Nitrogen Fixing
7.3.1 Overview
7.3.2 Nitrogen Fixing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Phosphorous Solubilizing
7.4.1 Overview
7.4.2 Phosphorus Solubilizing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Potassium Mobilizing
7.5.1 Overview
7.5.2 Potassium Mobilizing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Biofertilizers Market Analysis – By Microorganism
8.1 Overview
8.2 Middle East & Africa: Biofertilizers Market, by Microorganism
8.3 Rhizobium
8.3.1 Overview
8.3.2 Rhizobium: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Azotobacter
8.4.1 Overview
8.4.2 Azotobacter: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Phosphate Solubilizing Bacteria
8.5.1 Overview
8.5.2 Phosphate Solubilizing Bacteria: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Biofertilizers Market Analysis – By Crop type
9.1 Overview
9.2 Middle East & Africa: Biofertilizers Market, by Crop type
9.3 Cereals and Grains
9.3.1 Overview
9.3.2 Cereals and Grains: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oil seeds and Pulses
9.4.1 Overview
9.4.2 Oil seeds and Pulses: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Fruits and Vegetables
9.5.1 Overview
9.5.2 Fruits and Vegetables: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Biofertilizers Market Analysis – By Application
10.1 Overview
10.2 Middle East & Africa: Biofertilizers Market, by Application
10.3 Seed Treatment
10.3.1 Overview
10.3.2 Seed Treatment: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Soil Treatment
10.4.1 Overview
10.4.2 Soil Treatment: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
11. Middle East & Africa Biofertilizers Market – Country Analysis
11.1 Overview
11.1.1 Middle East & Africa: Biofertilizers Market, by Key Country
11.1.1.1 South Africa: Biofertilizers Market –Analysis and Forecast to 2028 (US$ Million)
11.1.1.1.1 South Africa: Biofertilizers Market, by Product Type
11.1.1.1.2 South Africa: Biofertilizers Market, by Microorganism
11.1.1.1.3 South Africa: Biofertilizers Market, by Crop Type
11.1.1.1.4 South Africa: Biofertilizers Market, by Application
11.1.1.2 Saudi Arabia: Biofertilizers Market –Analysis and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia: Biofertilizers Market, by Product Type
11.1.1.2.2 Saudi Arabia: Biofertilizers Market, by Microorganism
11.1.1.2.3 Saudi Arabia: Biofertilizers Market, by Crop Type
11.1.1.2.4 Saudi Arabia: Biofertilizers Market, by Application
11.1.1.3 UAE: Biofertilizers Market –Analysis and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE: Biofertilizers Market, by Product Type
11.1.1.3.2 UAE: Biofertilizers Market, by Microorganism
11.1.1.3.3 UAE: Biofertilizers Market, by Crop Type
11.1.1.3.4 UAE: Biofertilizers Market, by Application
11.1.1.4 Rest of the Middle East & Africa: Biofertilizers Market –Analysis and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of the Middle East & Africa: Biofertilizers Market, by Product Type
11.1.1.4.2 Rest of the Middle East & Africa: Biofertilizers Market, by Microorganism
11.1.1.4.3 Rest of the Middle East & Africa: Biofertilizers Market, by Crop Type
11.1.1.4.4 Rest of the Middle East & Africa: Biofertilizers Market, by Application
12. Middle East & Africa Biofertilizers Market – Impact of COVID-19
12.1 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
14. Company Profiles
14.1 Mapleton Agri Biotec Pt. Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Novozymes
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 RIZOBACTER
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Symborg
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 T.Stanes and Company Limited
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 UPL
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Vegalab SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Biofertilizers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Biofertilizers Market, by Microorganism– Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Biofertilizers Market, by Crop Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa Biofertilizers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Biofertilizers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Biofertilizers Market, by Microorganism– Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia Biofertilizers Market, by Crop Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia Biofertilizers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Biofertilizers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE Biofertilizers Market, by Microorganism– Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE Biofertilizers Market, by Crop Type– Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE Biofertilizers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of the Middle East & Africa Biofertilizers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of the Middle East & Africa Biofertilizers Market, by Microorganism – Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of the Middle East & Africa Biofertilizers Market, by Crop Type– Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of the Middle East & Africa Biofertilizers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 18. Glossary of Terms, Middle East & Africa biofertilizers Market
LIST OF FIGURES
Figure 1. Middle East & Africa Biofertilizers Market Segmentation
Figure 2. Middle East & Africa Biofertilizers Market Segmentation – By Country
Figure 3. Middle East & Africa biofertilizers Market Overview
Figure 4. Middle East & Africa biofertilizers Market, By Product Type
Figure 5. Middle East & Africa biofertilizers Market, by Country
Figure 6. Middle East & Africa biofertilizers Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 8. Middle East & Africa Biofertilizers Market, Ecosystem
Figure 9. Expert Opinion
Figure 10. Middle East & Africa Biofertilizers Market Impact Analysis of Drivers and Restraints
Figure 11. Middle East & Africa Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Middle East & Africa: Biofertilizers Market Revenue Share, by Product Type (2020 and 2028)
Figure 13. Nitrogen Fixing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Phosphorus Solubilizing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Potassium Mobilizing: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Middle East & Africa: Biofertilizers Market Revenue Share, by Microorganism (2020 and 2028)
Figure 18. Rhizobium: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Azotobacter: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Phosphate Solubilizing Bacteria: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Middle East & Africa: Biofertilizers Market Revenue Share, by Crop Type (2020 and 2028)
Figure 23. Cereals and Grains: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Oil seeds and Pulses: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Fruits and Vegetables: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Middle East & Africa: Biofertilizers Market Revenue Share, by Application (2020 and 2028)
Figure 28. Seed Treatment: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Soil Treatment: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Biofertilizers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Geographic Overview of Middle East & Africa Biofertilizers Market
Figure 32. Middle East & Africa Poultry Feed Market Revenue Share, by Key Country (2020 and 2028)
Figure 33. South Africa: Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Saudi Arabia: Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. UAE: Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of the Middle East & Africa: Biofertilizers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37. Impact of COVID-19 Pandemic on Biofertilizers Market in Middle East & Africa
- Mapleton Agri Biotec Pt. Ltd
- Novozymes
- RIZOBACTER
- Symborg
- T.Stanes and Company Limited
- UPL
- Vegalab SA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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