Middle East And Africa Agrochemicals Market
Middle East and Africa Agrochemicals Market, By Type (Fertilizers, Pesticides, Adjuvants, Plant Growth Regulators); By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Egypt, Algeria, Rest of Middle East & Africa), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: November 2024
- Report ID: BWC24865
- Available Format: PDF
- Page: 265
Report Overview
Rising population and a growing demand for agricultural products along with favorable government initiatives to boost agriculture sector are expected to boost the growth of Middle East and Africa Agrochemicals Market during the forecast period between 2024 and 2030.
Middle East and Africa Agrochemicals Market - Industry Trends & Forecast Report, 2030
Middle East and Africa Agrochemicals Market size was estimated to be worth USD 9.22 billion in 2023. During the forecast period between 2024 and 2030, Middle East and Africa Agrochemicals Market size is projected to grow 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 growing demand for agricultural produce because of increasing population and rising focus on boosting crop yield and maintaining quality. In addition, the governments of these countries are taking various measures to ensure food security due to harsh climatic conditions and limited arable land, which is anticipated to drive Middle East and Africa Agrochemicals Market during the forecast period in analysis.
Agrochemicals – Overview
Agrochemicals, also known as agrichemicals, are chemical products used in agriculture to enhance crop productivity and protect plants from pests and diseases. They include pesticides (insecticides, herbicides, fungicides), synthetic fertilizers, and plant growth regulators. These chemicals play a crucial role in modern farming by improving crop yields and ensuring food security. However, their excessive use can lead to environmental contamination and health risks, necessitating careful management and regulation.
Middle East and Africa Agrochemicals Market
Growth Drivers
Increasing Focus towards Food Security
The growing demand for food in the Middle East and Africa is a major driver of the Agrochemicals Market. Growing population across the expanding urban areas and changes in dietary preferences are increasing the need for higher agricultural productivity. These regions are also facing challenges such as arid climates, limited water resources, and soil degradation. Agrochemicals, including fertilizers, pesticides, and herbicides, are critical to improving crop yields and ensuring food security. Farmers are increasingly adopting modern agrochemical solutions to boost production, prevent crop diseases, and enhance resistance to pests.
Challenges
Negative Impact on Environment
The overuse of synthetic fertilizers and pesticides has significant environmental implications, such as soil degradation, water contamination, and adverse health effects. With rising focus towards sustainability and increasing pressure to meet stringent environmental and regulatory standards, the demand and use of agrochemicals may decline in Middle East and African countries. The farmers may shift towards bio-based and organic growth stimulants, such as biopesticides, and adopt sustainable agriculture practices, such as crop rotation, for better crop yield and lower the environmental impact of chemicals. These factors may hinder the growth of Middle East and Africa Agrochemicals Market.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Agrochemicals Market
Intensifying geopolitical tensions among countries and further spreading across the regions present significant challenges for Middle East and Africa Agrochemicals Market. Economic, political, and trade tensions directly lead to supply chain disruption and affect the agricultural productivity of Middle East and African countries. Many agrochemical products, including fertilizers, pesticides, and herbicides, are produced from petrochemicals. However, escalating geopolitical conflicts in major oil-producing nations, such as Libya and Iran, can lead to fluctuations in oil prices, which may affect the availability of raw materials and cause a shortage of agrochemicals in the market. Furthermore, these tensions, such as the Suez Canal conflict also disrupt shipping routes, which may affect cross-border trade, slowing down shipments of fertilizers and other agrochemicals.
Middle East and Africa Agrochemicals Market
Segmental Coverage
Middle East and Africa Agrochemicals Market – By Type
Based on type, Middle East and Africa Agrochemicals Market is segmented into fertilizers, pesticides, adjuvants, and plant growth regulators. The fertilizers segment is further divided into nitrogenous fertilizers, phosphatic fertilizers, and potassic fertilizers. The pesticides segment is also further divided into insecticides, herbicides, fungicides, nematicides, and other pesticide types. The fertilizers segment holds the largest share in Middle East and Africa Agrochemicals Market. Among the fertilizer sub-segments, the nitrogenous fertilizers segment accounts for the highest share as it promotes healthy crop growth through the development of foliage that provides a green color to leaves that helps in photosynthesis.
Middle East and Africa Agrochemicals Market – By Crop Type
Based on crop type, Middle East and Africa Agrochemicals Market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The cereals & grains segment accounts for the highest market share with wheat, barley, and maize being major agricultural products of North and Sub-Saharan Africa. Maize is a staple crop in many African countries, including South Africa, Nigeria, and Kenya. Furthermore, despite having harsh climatic conditions, wheat and barley are also primary crops in many Middle Eastern countries, including Turkey, Iran, and Syria. Therefore, the demand for agrochemicals is prominent in the agriculture of cereals, driving its market growth.
Middle East and Africa Agrochemicals Market – By Country
The in-depth research report on Middle East and Africa Agrochemicals Market covers the region’s major countries including Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Egypt, Algeria, and rest of Middle East & Africa. South Africa dominates Middle East and Africa Agrochemicals Market. The high usage of agrochemicals in South Africa is mainly attributed to large-scale commercial farming, particularly crops like sugarcane, maize, wine grapes, and citrus. Various agrochemicals, such as fertilizers and pesticides, improve crop yields and protect crops from pests. Furthermore, agrochemicals are extensively used in the agriculture sector of South Africa to ensure the produce meets international quality standards for exports.
Competitive Landscape
Middle East and Africa Agrochemicals Market is highly competitive, as a number of companies are competing to gain a significant market share. Key players in the market include BASF, Syngenta, Dow AgroSciences, Adama Agricultural Solutions, UPL Limited, Bayer Crop Science, FMC Corporation, Nufarm Limited, K+S AG, and Solvay. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Egypt, Algeria, Rest of Middle East and Africa |
Product/ Service Segmentation |
Type, Crop Type, Country |
Key Players |
BASF, Syngenta, Dow AgroSciences, Adama Agricultural Solutions, UPL Limited, Bayer Crop Science, FMC Corporation, Nufarm Limited, K+S AG, Solvay |
By Type
-
Fertilizers
-
Nitrogenous Fertilizers
-
Urea
-
Ammonium Nitrate
-
Ammonium Sulfate
-
Ammonia
-
Calcium Ammonium Nitrate
-
Other Nitrogenous Fertilizers
-
Phosphatic Fertilizers
-
Diammonium Phosphate
-
Monoammonium Phosphate
-
Triple Superphosphate
-
Other Phosphatic Fertilizers
-
Potassic Fertilizers
-
Potassium Chloride
-
Potassium Sulfate
-
Other Potassic Fertilizers
-
Pesticides
-
Insecticides
-
Herbicides
-
Fungicides
-
Nematicides
-
Other Pesticide Types
-
Adjuvants
-
Plant Growth Regulators
By Crop Type
-
Cereals & Grains
-
Oilseeds & Pulses
-
Fruits & Vegetables
-
Others
By Country
-
Saudi Arabia
-
UAE
-
Qatar
-
Kuwait
-
South Africa
-
Nigeria
-
Egypt
-
Algeria
-
Rest of Middle East and Africa
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Middle East and Africa Agrochemicals Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Demand for High Crop Productivity
- Favorable Government Policies and Subsidies
- Restraints
- Negative Impact of Chemicals on Environment
- High Cost of Liquid Agrochemicals
- Opportunities
- Rising Prevalence of Plant Diseases
- Increasing Demand for Agricultural Produce
- Challenges
- Rising Cost of Raw Materials
- Shift towards Sustainable Alternatives
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Asia Pacific Metal Agrochemicals Market: Marketing Strategies
- Middle East and Africa Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- Fertilizers
- Nitrogenous Fertilizers
- Urea
- Ammonium Nitrate
- Ammonium Sulfate
- Ammonia
- Calcium Ammonium Nitrate
- Other Nitrogenous Fertilizers
- Phosphatic Fertilizers
- Diammonium Phosphate
- Monoammonium Phosphate
- Triple Superphosphate
- Other Phosphatic Fertilizers
- Potassic Fertilizers
- Potassium Chloride
- Potassium Sulfate
- Other Potassic Fertilizers
- Nitrogenous Fertilizers
- Pesticides
- Insecticides
- Herbicides
- Fungicides
- Nematicides
- Other Pesticide Types
- Adjuvants
- Plant Growth Regulators
- Fertilizers
- By Crop Type
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
- By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- South Africa
- Nigeria
- Egypt
- Algeria
- Israel
- Rest of Middle East and Africa
- By Type
- Market Size & Forecast, 2019–2030
- Saudi Arabia Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- UAE Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Qatar Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Kuwait Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- South Africa Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Nigeria Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Egypt Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Algeria Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Israel Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Rest of APAC Agrochemicals Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Type
- By Crop Type
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Middle East and Africa Agrochemicals Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Middle East and Africa Agrochemicals Market
- Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- BASF
- Syngenta
- Dow AgroSciences
- Adama Agricultural Solutions
- UPL Limited
- Bayer Crop Science
- FMC Corporation
- Nufarm Limited
- K+S AG
- Solvay
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumption & Limitation
- Qualitative Research
* 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
Market Segmentation
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