Middle East and Africa Biostimulants market,to reach the value of USD 397.96 million by 2030, at a CAGR of 9.9%, By Active Ingredients (Acid Based, Extract Based, Protein Hydrolysates,and Others)

The Middle East and Africa biostimulants market is being driven by the increasing need for sustainable agriculture is an important driver for the Middle East and Africa biostimulants market. Moreover, High agriculture production worldwide is expected to boost the market growth. However, uncertainty in biostimulant regulation worldwide which is expected to pose a challenge to market growth which may restrain the market growth.

Data Bridge Market Research analyses that the Middle East and Africa biostimulants market is expected to reach the value of USD 397.96 million by 2030, at a CAGR of 9.9% during the forecast period.

View Detailed Report: https://www.databridgemarketresearch.com/reports/middle-east-and-africa-biostimulants-market 

Market Definition

Biostimulants are developed to help farmers in order to meet increased agricultural demand on a sustainable basis. Biostimulants boost crop yield and its value, which positively affects farm productivity. Agricultural biostimulant is comprised of multiple amalgamations of chemicals, substances, and micro-organisms that are added to the plants or soils to boost crop vigor, production, sensitivity to abiotic pressure, and quality. Biostimulants support the growth and production of crops throughout the entire crop life cycle, from seed germination to plant maturity, in a variety of demonstrated ways like regulating plant metabolism. Biostimulants are developed for farmers to meet the demand for sustainable agriculture including quality and improved crop yield, and even for the consumers to meet the demand for organic products so as to cope with health and safety standards. Thus, due to this, investors are increasingly interested in the biostimulant category with respect to the significant growth potential.

Key Players Analysis:

Some of the major players operating in the Middle East and Africa biostimulants market are ATLÁNTICA AGRÍCOLA, Bayer AG, Biolchim SPA, Biostadt India Limited, Koppert Biological Systems, Haifa Group, Trade Corporation International, Brandt Consolidated, Inc., Lallemand Inc., ADAMA, Syngenta, Novozymes, FMC Corporation, Valagro S.p.A., OMEX, ASL, Agrinos, and MPH among others.

Opportunities

Rising awareness about biostimulants

Consumer's use of biostimulants has been propelled due to their high demand. This is mainly owing to the growing interest of scientists, private industry, and farmers who are incorporating such nature based products into different environmentally friendly resources which ensure increased plant quality and better yield. The negative impact of excessive usage of chemical fertilizers affects the entire ecosystem which results in leaching, water pollution, loss of microorganisms and environmentally friendly insects, soil acidification or alkalization, and lack of soil fertility. It has been witnessed that consumers prefer organic products which are grown in a more sustainable way, with minimal usage of strong chemical fertilizers. Growers are adapting biostimulants as they wish for greener alternatives to grow their crops. As a result, organizations are conducting conferences with respect to biostimulants which is expected to create opportunities with several benefits in terms of crop growth and productivity.

Middle East and Africa Biostimulants Market Scope

The Middle East and Africa biostimulants market is categorized into seven notable segment, by active ingredients, crop type, application method, form, end user, origin, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Active Ingredients

Acid Based
Extract Based
Protein Hydrolysates
Microbial Amendments
Chitin
Chitosan
B-Vitamins
Others

On the basis of active ingredients, the market is segmented into acid based, extract based, protein hydrolysates, microbial amendments, chitin, chitosan, b-vitamins, and others.

Crop Type

Fruits & Vegetables
Cereals & Grains
Oilseeds & Pulses
Turf & Ornamentals
Other Crops

On the basis of crop type, the market is segmented into fruits & vegetables, cereals & grains, oilseeds & pulses, turf & ornamentals, and other crops.

Application Method

Foliar Treatment
Soil Treatment
Seed Treatment

On the basis of application method, the market is segmented into foliar treatment, soil treatment, and seed treatment.

Form

Liquid
Dry

On the basis of form, the market is segmented into liquid and dry.

End User

Farmers
 Related Industries
Research Institutes

On the basis of end user, the market is segmented into farmers, related industries, and research institutes.

Origin

Natural Biostimulants
Synthetic Biostimulants

On the basis of origin, the market is segmented into natural biostimulants and synthetic biostimulants.

Distribution Channel

Direct
Indirect

On the basis of distribution channel, the market is segmented into direct and indirect.

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