The Middle East & Africa Biofertilizers Market is projected to grow at a CAGR of 6.4% during the forecast period (2020-2025).
- The favorable government policies supporting the institutionalization of biofertilizers along with stipulated guidelines for its registration and distribution increased food demand for sustainable agriculture is driving the growth of the market. Lack of adoption of biofertilizers due to lack of awareness and dependency on imports of crops is restraining the middle east and Africa biofertilizers market.
- Carrier-based biofertilizers are occupying a major share in 2019 among other technologies. The higher prices of liquid biofertilizers as compared to carrier-based biofertilizers have led to the increased popularity of the latter among the regional farmers. Thus, the latter is driving the market revenue for the biofertilizers market.
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.
Grains and Cereals Holds a Prominent Share
Africa is the origin of major cereal crops that include pearl, sorghum, millet, and rice Another major cereal wheat is widely cultivated in Sudan and Ethiopia. Maize, has overtaken these traditional cereals over the last few years. For instance, “Rhizofos maize” and “Rhizopus Wheat and Barley” products from Rhizobacter Argentina is extensively used for South Africa that increases maize yield by 15.3% and in the greenhouse by 18.4% compared to synthetic fertilizers, thus increasing yield per hectare will boost the biofertilizer market during the forecast period. In Africa, Tanzanian and Kenyan small farmers produce 69% and 63% of the food in the country, respectively. The economic condition of most sub-Saharan Africa countries cannot support the development of commercial agriculture and the use of expensive farm inputs such as inorganic fertilizer which damage the African soil. Therefore low-cost fertilizers such as biofertilizers will drive the market in the African region, as the region comprises small and marginal farmers in large share.
The market studied is highly fragmented with the presence of many domestic and international players in the market. Rizobacter Argentina, Agrilife, International Panacea and Symborg are some of the prominent players who have their presence in this region. These players are coming up with custom-tailored products that cater to the need of farmers in this region.
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1.2 Study Assumptions
1.3 Scope of the Study
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1.4 Blue-green Algae
5.1.5 Phosphate Solubilizing Bacteria
5.1.7 Other Microorganisms
5.2 Technology Type
5.2.1 Carrier-enriched Biofertilizers
5.2.2 Liquid Biofertilizers
5.2.3 Other Technologies
5.3.1 Soil Treatment
5.3.2 Seed Treatment
5.3.3 Other Applications
5.4 Crop type
5.4.1 Grains and Cereals
5.4.2 Pulses and Oilseeds
5.4.3 Commercial Crops
5.4.4 Fruits and Vegetables
5.4.5 Other Crop Types
220.127.116.11 South Africa
18.104.22.168 Rest of Africa
5.5.2 Middle East
22.214.171.124 United Arab Emirates
126.96.36.199 Saudi Arabia
188.8.131.52 Rest of Middle East
6.2 Market Share Analysis
6.3 Company Profiles
6.3.2 Rizobacter Argentina SA
6.3.3 International panaacea ltd
6.3.4 Microbial Biological Fertilizers International (MBFI)
6.3.5 Mapelton Agri Biotec PTY ltd
A selection of companies mentioned in this report includes:
- Rizobacter Argentina SA
- International panaacea ltd
- Microbial Biological Fertilizers International (MBFI)
- Mapelton Agri Biotec PTY ltd