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Middle East & Africa Biostimulants Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product (Humic Substance, Amino Acids, Microbial Stimulants, Seaweed Extracts, and Others), Mode of Application (Foliar Spray, Seed Treatment, Soil Application), and Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and vegetables, Turf and Landscape, and Others)
Market Report I 2022-10-14 I 142 Pages I The Insight Partners
The biostimulants market in the Middle East & Africa is expected to grow from US$ 167.54 million in 2022 to US$ 289.99 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2022 to 2028.
Organic fertilizers improve soil quality by providing necessary macro and micronutrients. Bioorganic matter or biostimulants, known as biofertilizers, improve nutrient intake, promote growth, and increase plant tolerance to environmental stresses. Organic fertilizers contain many minerals, animal sources, sewage sludge, and plants. Biostimulants are associated with organic farming, which is currently witnessing healthy progress in conventional agriculture. These are increasingly being observed as a response to the consumer demand for "easy" agricultural practices. In response to the rising need to meet food adequacy and the importance of certain farming practices, the organic food industry is experiencing a double-digit growth rate. The awareness of health-conscious consumers worldwide is opting for organic food to avoid harmful health effects caused by chemical preservatives or naturally altered ingredients of inorganic food. Organic food and related agriculture products recently account for around 5-10% of the food market, changing from region to region. Organic food products are made without pesticides or fertilizers, so the demand for biostimulants is propelling. Subsequently, the increasing popularity of organic farming is expected to drive the demand for biostimulants in the years to come.
With 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 biostimulants market at a substantial CAGR during the forecast period.
Middle East & Africa Biostimulants Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Biostimulants Market Segmentation
The Middle East & Africa biostimulants market is segmented on the basis of product, application, crop type, and country. Based on product, the market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. In 2022, the humic substances segment held a larger market share. On the other hand the same segment is expected to register a higher CAGR during the forecast period. Based on application, the Middle East & Africa biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held the largest market share in 2022 and it is also expected to register the highest CAGR in the market during the forecast period. Based on application, the Middle East & Africa biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others. The cereals and grains segment held the largest market share in 2022 and turf and landscape is expected to register the highest CAGR in the market during the forecast period. Based on country, the Middle East & Africa biostimulants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. In 2022, South Africa held the largest market share. It is also expected to register the highest CAGR during the forecast period.
BASF SE, UPL Ltd, Valagro S.P.A., Gowan Company, FMC Corporation, Haifa Negev Technologies Ltd., ADAMA, and Rallis India Limited are among the leading companies in the Middle East & Africa biostimulants market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Biostimulants Market, by Product
1.3.2 Middle East & Africa Biostimulants Market, by Mode of Application
1.3.3 Middle East & Africa Biostimulants Market, by Crop Type
1.3.4 Middle East & Africa Biostimulants Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
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 Biostimulants 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 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion
5. Middle East & Africa Biostimulants Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Fostering Demand for Organic Food
5.1.2 Elevating Technological Advancements for Biostimulants Production
5.2 Market Restraints
5.2.1 Absence of Legal Compliance in the Biostimulants Industry
5.3 Market Opportunities
5.3.1 Heighten use of biostimulant as an alternative due to the rise in the price of conventional fertilizer
5.4 Future Trends
5.4.1 Rise in Organic Production Practices
5.5 Impact Analysis
6. Middle East & Africa Biostimulants - Market Analysis
6.1 Middle East & Africa Biostimulants Market Overview
6.2 Middle East & Africa Biostimulants Market -Volume and Forecast to 2028 (Tons)
6.3 Middle East & Africa Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Biostimulants Market Analysis - By Product
7.1 Overview
7.2 Middle East & Africa: Biostimulants Market, by Product
7.3 Humic Substances
7.3.1 Overview
7.3.2 Humic Substances: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Humic Substances: Biostimulants Market - Volume and Forecast to 2028 (Tons)
7.4 Amino Acids
7.4.1 Overview
7.4.2 Amino Acids: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3 Amino Acids: Biostimulants Market - Volume and Forecast to 2028 (Tons)
7.5 Microbial Stimulants
7.5.1 Overview
7.5.2 Microbial Stimulants: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
7.5.3 Microbial Stimulants: Biostimulants Market - Volume and Forecast to 2028 (Tons)
7.6 Seaweed Extracts
7.6.1 Overview
7.6.2 Seaweed Extracts: Natural Surfactants Market - Revenue and Forecast to 2028 (US$ Million)
7.6.3 Seaweed Extracts: Natural Surfactants Market - Volume and Forecast to 2028 (Tons)
7.7 Others
7.7.1 Overview
7.7.2 Others: Natural Surfactants Market - Revenue and Forecast to 2028 (US$ Million)
7.7.3 Others: Natural Surfactants Market - Volume and Forecast to 2028 (Tons)
8. Middle East & Africa Biostimulants Market Analysis - Mode of Application
8.1 Overview
8.2 Middle East & Africa: Biostimulants Market, by Mode of Application
8.3 Foliar Spray
8.3.1 Overview
8.3.2 Foliar Spray: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Seed Treatment
8.4.1 Overview
8.4.2 Seed Treatment: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Soil Application
8.5.1 Overview
8.5.2 Soil Application: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Biostimulants Market Analysis - Crop Type
9.1 Overview
9.2 Middle East & Africa: Biostimulants Market, by Crop Type
9.3 Cereals and Grains
9.3.1 Overview
9.3.2 Cereals and Grains: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Oilseeds and Pulses
9.4.1 Overview
9.4.2 Oilseeds and Pulses: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Fruits and Vegetables
9.5.1 Overview
9.5.2 Fruits and Vegetables: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Turf and Landscape
9.6.1 Overview
9.6.2 Turf and Landscape: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Biostimulants Market - Country Analysis
10.1 Overview
10.1.1 Middle East and Africa: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2 Middle East and Africa: Biostimulants Market -Volume and Forecast to 2028 (Tons)
10.1.3 Middle East and Africa: Biostimulants Market, by Product
10.1.4 Middle East and Africa: Biostimulants Market, by Mode of Application
10.1.5 Middle East and Africa: Biostimulants Market, by Crop Type
10.1.6 Middle East and Africa: Biostimulants Market, by Key Country
10.1.6.1 South Africa: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
10.1.6.2 South Africa: Biostimulants Market -Volume and Forecast to 2028 (Tons)
10.1.6.2.1 South Africa: Biostimulants Market, by Product
10.1.6.2.2 South Africa: Biostimulants Market, by Product
10.1.6.2.3 South Africa: Biostimulants Market, by Mode of Application
10.1.6.2.4 South Africa: Biostimulants Market, by Crop Type
10.1.6.3 Saudi Arabia: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
10.1.6.4 Saudi Arabia: Biostimulants Market -Volume and Forecast to 2028 (Tons)
10.1.6.4.1 Saudi Arabia: Biostimulants Market, by Product
10.1.6.4.2 Saudi Arabia: Biostimulants Market, by Product
10.1.6.4.3 Saudi Arabia: Biostimulants Market, by Mode of Application
10.1.6.4.4 Saudi Arabia: Biostimulants Market, by Crop Type
10.1.6.5 UAE: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
10.1.6.6 UAE: Biostimulants Market -Volume and Forecast to 2028 (Tons)
10.1.6.6.1 UAE: Biostimulants Market, by Product
10.1.6.6.2 UAE: Biostimulants Market, by Product
10.1.6.6.3 UAE: Biostimulants Market, by Mode of Application
10.1.6.6.4 UAE: Biostimulants Market, by Crop Type
10.1.6.7 Rest of MEA: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
10.1.6.8 Rest of MEA: Biostimulants Market -Volume and Forecast to 2028 (Tons)
10.1.6.8.1 Rest of MEA: Biostimulants Market, by Product
10.1.6.8.2 Rest of MEA: Biostimulants Market, by Product
10.1.6.8.3 Rest of MEA: Biostimulants Market, by Mode of Application
10.1.6.8.4 Rest of MEA: Biostimulants Market, by Crop Type
11. Industry Landscape
11.1 Product launch
11.2 Expansion
11.3 Partnership
11.4 Company News
12. Company Profiles
12.1 BASF SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 UPL Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Valagro S.P.A.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Gowan Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FMC Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Haifa Negev Technologies Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ADAMA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rallis India Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Biostimulants Market -Volume and Forecast to 2028 (Tons)
Table 2. Middle East & Africa Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Middle East and Africa Biostimulants Market, by Product- Revenue and Forecast to 2028 (US$ Million)
Table 4. Middle East and Africa Biostimulants Market, by Product-Volume and Forecast to 2028 (Tons)
Table 5. Middle East and Africa Biostimulants Market, by Mode of Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Middle East and Africa Biostimulants Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa Biostimulants Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa Biostimulants Market, by Product - Volume and Forecast to 2028 (Tons)
Table 9. South Africa Biostimulants Market, by Mode of Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa Biostimulants Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Saudi Arabia Biostimulants Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 12. Saudi Arabia Biostimulants Market, by Product - Volume and Forecast to 2028 (Tons)
Table 13. Saudi Arabia Biostimulants Market, by Mode of Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. Saudi Arabia Biostimulants Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 15. UAE Biostimulants Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 16. UAE Biostimulants Market, by Product - Volume and Forecast to 2028 (Tons)
Table 17. UAE Biostimulants Market, by Mode of Application - Revenue and Forecast to 2028 (US$ Million)
Table 18. UAE Biostimulants Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of MEA Biostimulants Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of MEA Biostimulants Market, by Product - Volume and Forecast to 2028 (Tons)
Table 21. Rest of MEA Biostimulants Market, by Mode of Application - Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of MEA Biostimulants Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 23. Glossary of Terms, Middle East & Africa Biostimulants Market
LIST OF FIGURES
Figure 1. Middle East & Africa Biostimulants Market Segmentation
Figure 2. Middle East & Africa Biostimulants Market Segmentation - By Country
Figure 3. Middle East & Africa Biostimulants Market Overview
Figure 4. Middle East & Africa Biostimulants Market, By Product
Figure 5. Middle East & Africa Biostimulants Market, by Country
Figure 6. Middle East & Africa Biostimulants Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis of Middle East & Africa Biostimulants Market
Figure 8. Middle East & Africa Biostimulants Market, Ecosystem
Figure 9. Expert Opinion
Figure 10. Middle East & Africa Biostimulants Market Impact Analysis of Drivers and Restraints
Figure 11. Middle East & Africa Biostimulants Market - Volume and Forecast to 2028 (Tons)
Figure 12. Middle East & Africa Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Middle East & Africa: Biostimulants Market Revenue Share, by Product (2021 and 2028)
Figure 14. Humic Substances: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Humic Substances: Biostimulants Market - Volume and Forecast to 2028 (Tons)
Figure 16. Amino Acids: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Amino Acids: Biostimulants Market - Volume and Forecast to 2028 (Tons)
Figure 18. Microbial Stimulants: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Microbial Stimulants: Biostimulants Market - Revenue and Forecast to 2028 (Tons)
Figure 20. Seaweed Extracts: Natural Surfactants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Seaweed Extracts: Natural Surfactants Market - Volume and Forecast to 2028 (Tons)
Figure 22. Others: Natural Surfactants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Natural Surfactants Market - Volume and Forecast to 2028 (Tons)
Figure 24. Middle East & Africa: Biostimulants Market Revenue Share, by Mode of Application (2021 and 2028)
Figure 25. Foliar Spray: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Seed Treatment: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Soil Application: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Middle East & Africa: Biostimulants Market Revenue Share, by Crop Type (2021 and 2028)
Figure 29. Cereals and Grains: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Oilseeds and Pulses: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Fruits and Vegetables: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Turf and Landscape: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Others: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Middle East and Africa: Biostimulants Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Middle East and Africa: Biostimulants Market -Volume and Forecast to 2028 (Tons)
Figure 36. Middle East and Africa: Biostimulants Market Revenue Share, by Product (2021 and 2028)
Figure 37. Middle East and Africa: Biostimulants Market Revenue Share, by Mode of Application (2021 and 2028)
Figure 38. Middle East and Africa: Biostimulants Market Revenue Share, by Crop Type (2021 and 2028)
Figure 39. Middle East and Africa: Biostimulants Market Revenue Share, by Key Country (2021 and 2028)
Figure 40. South Africa: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
Figure 41. South Africa: Biostimulants Market -Volume and Forecast to 2028 (Tons)
Figure 42. Saudi Arabia: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
Figure 43. Saudi Arabia: Biostimulants Market -Volume and Forecast to 2028 (Tons)
Figure 44. UAE: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
Figure 45. UAE: Biostimulants Market -Volume and Forecast to 2028 (Tons)
Figure 46. Rest of MEA: Biostimulants Market -Revenue and Forecast to 2028 (US$ Million)
Figure 47. Rest of MEA: Biostimulants Market -Volume and Forecast to 2028 (Tons)
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