Source: Irfan Tamboli
The Middle East & Africa Biofertilizers Market report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, contributions from industry experts and participants. industry throughout the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and driving factors along with market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Middle East & Africa Biofertilizers Market is expected to grow at a CAGR of 6.4% during the forecast period (2020-2025).
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The main companies in the biofertilizers market in the Middle East and Africa 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 the need for sustainable agricultural development
Africa has the highest population with the largest arable land. For example, the sub-Saharan Africa region has 13% of the world’s population and has about 20% of the world’s agricultural land. However, the region faces severe food insecurity which is mainly attributed to insufficient food production. The lack of access to mechanization in agriculture and the limited use of fertilizers due to the lower purchasing power of farmers are stimulating demand for profitable alternative fertilizers such as bio-fertilizers in the region. Smallholder farms in sub-Saharan Africa represent around 33 million people, or 80% of all farms in the region. Low fertility and inefficient soil management have been major productivity challenges among African smallholder farmers. This can be somehow mitigated by the use of inorganic fertilizers, but their use in soil nutrient management is not sustainable, causing soil degradation and environmental pollution. Currently, increasing demand for sustainable agriculture is pushing farmers to adopt a cost-effective integrated nutrient management system. This, in turn, can lead to a demand for biofertilizers in the region.
The Middle East & Africa Biofertilizers Market Regional Outlook report includes the following geographies such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What are the market factors that are explained in the report?
Key Strategic Developments: The study also includes key strategic market developments, comprising R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures and regional growth of the main competitors operating in the market globally and regionally. climb.
Analytical Tools: The Middle East & Africa Biofertilizers Market report comprises the accurately researched and assessed data of key industry players and their scope in the market by means of a number of analytical tools. Analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and ROI analysis have been used to analyze the growth of key players operating in the market.
Key Market Features: The report assessed key market features including revenue, price, capacity, capacity utilization rate, crude, production, production rate, consumption, import / export, supply / demand, cost, market share, CAGR and gross margin. Further, the study offers a comprehensive study of key market dynamics and their latest trends, along with relevant market segments and sub-segments.
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