PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597597
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597597
Middle East and Africa Agrochemicals Market, By Type; By Crop Type; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Middle East and Africa Agrochemicals Market Set to Cross USD 13.3 Billion by 2030
Middle East and Africa Agrochemicals Market is flourishing because of the governments' increasing focus on ensuring food security in meeting the high demand for food products from the rising population.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa Agrochemicals Market size at USD 9.22 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Middle East and Africa Agrochemicals Market size to expand at a CAGR of 5.40% reaching a value of USD 13.32 billion by 2030. Major growth factors for Middle East and Africa Agrochemicals Market include a spurring demand for agricultural products due to population expansion and an increasing emphasis on preserving crop quality and improving crop output. Furthermore, the governments of these nations are implementing a number of initiatives to guarantee food security because of their severe climate and scarcity of arable land, which is expected to propel the Middle East and Africa Agrochemicals Market over the forecast period.
Opportunity - Technological Advancements in Agrochemicals
Significant advancements and innovations in agrochemicals are projected to present lucrative growth opportunities to major players in Middle East and Africa Agrochemicals Market during the period in analysis. Innovations are focused on the development of new formulations and more effective chemicals, such as slow-release fertilizers and bio-based pesticides. These developments help address specific issues with agricultural activities, such as climate change, pest resistance, and environmental sustainability. In addition, rising adoption of precision farming also provides efficient application of agrochemicals through sensors, which results in reduced waste and better environmental impact.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Agrochemicals Market
Intensifying geopolitical tensions could disrupt the growth of Middle East and Africa Agrochemicals Market. Geopolitical conflicts have a detrimental impact on the agricultural output of Middle Eastern and African nations and directly cause supply chain disruptions. Petrochemicals are used to make a wide range of agrochemical products, such as insecticides, herbicides, and fertilizers. However, rising geopolitical tensions in key oil-producing countries, like Iran and Libya, could cause oil prices to fluctuate, which can impact raw material supply and result in a market scarcity of agrochemicals. Moreover, many conflicts, like the one involving the Suez Canal, could interfere with shipping routes, which can impact international trade by delaying the delivery of agrochemicals and fertilizers.
Cereals and Grains Segment to Grow Fastest CAGR
With maize, barley, and wheat being the main agricultural products of North and Sub-Saharan Africa, the cereals and grains category holds the largest market share of Middle East and Africa Agrochemicals Market. In several African nations, such as South Africa, Nigeria, and Kenya, maize is a staple crop. Additionally, wheat and barley are major crops in several Middle Eastern nations, such as Turkey, Iran, and Syria, despite their difficult climate. Consequently, the need for agrochemicals is significant in cereal farming, propelling the market's expansion to ensure high quality agriculture output.
South Africa leads Middle East and Africa Agrochemicals Market
South Africa dominates Middle East and Africa Agrochemicals Market. Large-scale commercial farming, especially commodities like sugarcane, maize, wine grapes, and citrus, is primarily responsible for South Africa's high agrochemical consumption. Numerous agrochemicals, including insecticides and fertilizers, increase agricultural yields and shield crops from pests. Agrochemicals are also widely employed in South Africa's agriculture industry to guarantee that the output meets international quality requirements for export, which drives its market growth.
Competitive Landscape
Major players of Middle East and Africa Agrochemicals Market include BASF, Syngenta, Dow AgroSciences, Adama Agricultural Solutions, UPL Limited, Bayer Crop Science, FMC Corporation, Nufarm Limited, K+S AG, and Solvay.
These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Middle East and Africa Agrochemicals Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Agrochemicals Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Agrochemicals Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Demand for High Crop Productivity
- 3.2.1.2. Favorable Government Policies and Subsidies
- 3.2.2. Restraints
- 3.2.2.1. Negative Impact of Chemicals on Environment
- 3.2.2.2. High Cost of Liquid Agrochemicals
- 3.2.3. Opportunities
- 3.2.3.1. Rising Prevalence of Plant Diseases
- 3.2.3.2. Increasing Demand for Agricultural Produce
- 3.2.4. Challenges
- 3.2.4.1. Rising Cost of Raw Materials
- 3.2.4.2. Shift towards Sustainable Alternatives
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Asia Pacific Metal Agrochemicals Market: Marketing Strategies
5. Middle East and Africa Agrochemicals Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.1.1. Fertilizers
- 5.2.1.1.1. Nitrogenous Fertilizers
- 5.2.1.1.1.1. Urea
- 5.2.1.1.1.2. Ammonium Nitrate
- 5.2.1.1.1.3. Ammonium Sulfate
- 5.2.1.1.1.4. Ammonia
- 5.2.1.1.1.5. Calcium Ammonium Nitrate
- 5.2.1.1.1.6. Other Nitrogenous Fertilizers
- 5.2.1.1.2. Phosphatic Fertilizers
- 5.2.1.1.2.1. Diammonium Phosphate
- 5.2.1.1.2.2. Monoammonium Phosphate
- 5.2.1.1.2.3. Triple Superphosphate
- 5.2.1.1.2.4. Other Phosphatic Fertilizers
- 5.2.1.1.3. Potassic Fertilizers
- 5.2.1.1.3.1. Potassium Chloride
- 5.2.1.1.3.2. Potassium Sulfate
- 5.2.1.1.3.3. Other Potassic Fertilizers
- 5.2.1.2. Pesticides
- 5.2.1.2.1. Insecticides
- 5.2.1.2.2. Herbicides
- 5.2.1.2.3. Fungicides
- 5.2.1.2.4. Nematicides
- 5.2.1.2.5. Other Pesticide Types
- 5.2.1.3. Adjuvants
- 5.2.1.4. Plant Growth Regulators
- 5.2.2. By Crop Type
- 5.2.2.1. Cereals & Grains
- 5.2.2.2. Oilseeds & Pulses
- 5.2.2.3. Fruits & Vegetables
- 5.2.2.4. Others
- 5.2.3. By Country
- 5.2.3.1. Saudi Arabia
- 5.2.3.2. UAE
- 5.2.3.3. Qatar
- 5.2.3.4. Kuwait
- 5.2.3.5. South Africa
- 5.2.3.6. Nigeria
- 5.2.3.7. Egypt
- 5.2.3.8. Algeria
- 5.2.3.9. Israel
- 5.2.3.10. Rest of Middle East and Africa
- 5.2.1. By Type
6. Saudi Arabia Agrochemicals Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Crop Type
7. UAE Agrochemicals Market Overview
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Crop Type
8. Qatar Agrochemicals Market Overview
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Crop Type
9. Kuwait Agrochemicals Market Overview
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Crop Type
10. South Africa Agrochemicals Market Overview
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Crop Type
11. Nigeria Agrochemicals Market Overview
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By Crop Type
12. Egypt Agrochemicals Market Overview
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By Crop Type
13. Algeria Agrochemicals Market Overview
- 13.1. Market Size & Forecast, 2019-2030
- 13.1.1. By Value (USD Billion)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By Crop Type
14. Israel Agrochemicals Market Overview
- 14.1. Market Size & Forecast, 2019-2030
- 14.1.1. By Value (USD Billion)
- 14.2. Market Share & Forecast
- 14.2.1. By Type
- 14.2.2. By Crop Type
15. Rest of APAC Agrochemicals Market Overview
- 15.1. Market Size & Forecast, 2019-2030
- 15.1.1. By Value (USD Billion)
- 15.2. Market Share & Forecast
- 15.2.1. By Type
- 15.2.2. By Crop Type
16. Competitive Landscape
- 16.1. List of Key Players and Their Offerings
- 16.2. Middle East and Africa Agrochemicals Company Market Share Analysis, 2023
- 16.3. Competitive Benchmarking, By Operating Parameters
- 16.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
17. Impact of Escalating Geopolitical Tensions on Middle East and Africa Agrochemicals Market
18. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 18.1. BASF
- 18.2. Syngenta
- 18.3. Dow AgroSciences
- 18.4. Adama Agricultural Solutions
- 18.5. UPL Limited
- 18.6. Bayer Crop Science
- 18.7. FMC Corporation
- 18.8. Nufarm Limited
- 18.9. K+S AG
- 18.10. Solvay
- 18.11. Other Prominent Players
19. Key Strategic Recommendations
20. Research Methodology
- 20.1. Qualitative Research
- 20.1.1. Primary & Secondary Research
- 20.2. Quantitative Research
- 20.3. Market Breakdown & Data Triangulation
- 20.3.1. Secondary Research
- 20.3.2. Primary Research
- 20.4. Breakdown of Primary Research Respondents, By Country
- 20.5. Assumption & Limitation
* Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 Middle East and Africa Agrochemicals Market Segmentation
- Figure 2 Middle East and Africa Agrochemicals Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Middle East and Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 5 Middle East and Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 6 Middle East and Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 7 Middle East and Africa Agrochemicals Market Share, By Country, By Value (USD Billion), 2019-2030
- Figure 8 Saudi Arabia Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 9 Saudi Arabia Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 10 Saudi Arabia Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 11 UAE Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 12 UAE Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 13 UAE Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 14 Qatar Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 15 Qatar Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 16 Qatar Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 17 Kuwait Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 18 Kuwait Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 19 Kuwait Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 20 South Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 21 South Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 22 South Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 23 Nigeria Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 24 Nigeria Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 25 Nigeria Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 26 Egypt Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 27 Egypt Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 28 Egypt Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 29 Algeria Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 30 Algeria Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 31 Algeria Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 32 Israel Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 33 Israel Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 34 Israel Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Figure 35 Rest of Middle East and Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 36 Rest of Middle East and Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Figure 37 Rest of Middle East and Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
List of Tables
- Table 1 Middle East and Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 2 Middle East and Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 3 Middle East and Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 4 Middle East and Africa Agrochemicals Market Share, By Country, By Value (USD Billion), 2019-2030
- Table 5 Saudi Arabia Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 6 Saudi Arabia Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 7 Saudi Arabia Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 8 UAE Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 9 UAE Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 10 UAE Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 11 Qatar Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 12 Qatar Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 13 Qatar Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 14 Kuwait Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 15 Kuwait Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 16 Kuwait Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 17 South Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 18 South Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 19 South Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 20 Nigeria Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 21 Nigeria Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 22 Nigeria Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 23 Egypt Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 24 Egypt Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 25 Egypt Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 26 Algeria Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 27 Algeria Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 28 Algeria Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 29 Israel Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 30 Israel Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 31 Israel Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 32 Rest of Middle East and Africa Agrochemicals Market Size, By Value (USD Billion), 2019-2030
- Table 33 Rest of Middle East and Africa Agrochemicals Market Share, By Type, By Value (USD Billion), 2019-2030
- Table 34 Rest of Middle East and Africa Agrochemicals Market Share, By Crop Type, By Value (USD Billion), 2019-2030
- Table 35 BASF Company Overview
- Table 36 BASF Financial Overview
- Table 37 Syngenta Company Overview
- Table 38 Syngenta Financial Overview
- Table 39 Dow AgroSciences Company Overview
- Table 40 Dow AgroSciences Financial Overview
- Table 41 Adama Agricultural Solutions Company Overview
- Table 42 Adama Agricultural Solutions Financial Overview
- Table 43 UPL Limited Company Overview
- Table 44 UPL Limited Financial Overview
- Table 45 Bayer Crop Science Company Overview
- Table 46 Bayer Crop Science Financial Overview
- Table 47 FMC Corporation Company Overview
- Table 48 FMC Corporation Financial Overview
- Table 49 Nufarm Limited Company Overview
- Table 50 Nufarm Limited Financial Overview
- Table 51 K+S AG Company Overview
- Table 52 K+S AG Financial Overview
- Table 53 Solvay Company Overview
- Table 54 Solvay Financial Overview
