Press release
Middle East & Africa Biofertilizers Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2026
The Middle East & Africa Biofertilizers Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Middle East & Africa Biofertilizers Market is projected to grow at a CAGR of 6.4% during the forecast period (2020-2025).
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Top Leading Companies of Middle East & Africa Biofertilizers Market are Agrilife, Rizobacter Argentina SA, International panaacea ltd, Microbial Biological Fertilizers International (MBFI), Mapelton Agri Biotec PTY ltd, Symborg and others.
Key Market Trends
Increased Food Demand and Need for Sustainable Agricultural Development
Africa has the highest population with the largest arable land. For instance, the Sub-Sahara Africa region has 13% of the world population and has approximately 20% of global agricultural land. However, the region is facing severe food insecurity which is primarily attributed to inadequate food production. The lack of access to mechanization in farming and limited use of fertilizers due to less farmer buying power is driving the demand for alternative cost-effective fertilizers such as bio-fertilizers in the region. Smallholder farms in sub-Saharan Africa accounts for around 33 million, representing 80% of all farms in the region. Low fertility and inefficient management of soils have been major productivity challenges among African smallholder farmers. This can be somehow mitigated by the usage of inorganic fertilizers but their usage in soil nutrient management is unsustainable, causing soil degradation and environmental pollution. Currently, the increase in demand for sustainable agriculture is driving farmers to adopt a cost-effective integrated nutrient management system. This, in turn, may lead to demand for biofertilizers in the region.
Regional Outlook of Middle East & Africa Biofertilizers Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/10192356988/middle-east-africa-biofertilizers-market-growth-trends-and-forecast-2020-2025?Mode=A1
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Middle East & Africa Biofertilizers Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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