Middle East and Africa Soil Fertility Testing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Test Type (Physical, Chemical, and Biological) and Method (Onsite and Offsite/Laboratory)

Offsite/Laboratory is expected to be the fastest growing Segment during the forecast period 2021-2028

According to a new market research study on “Middle East & Africa Soil Fertility Testing Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Test Type and Method,” is expected to reach US$ 671.58 million by 2028 from US$ 552.81 million in 2021. The market is estimated to grow at a CAGR of 2.8% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa soil fertility testing market along with the drivers and restraints pertaining to the market growth. Appearing technologies to improve soil fertility, elevating outbreak of food-borne diseases, and amplifying demand to boost agricultural productivity in developing regions are the major factor driving the growth of the Middle East & Africa soil fertility testing market. However, improper awareness among farmers hinder the growth of Middle East & Africa soil fertility testing market.

Turkey has the highest number of COVID-19 cases in the Middle East & Africa region, followed by South Africa, Saudi Arabia and the UAE, among others. The UAE was the first country in the Middle East & Africa to report a confirmed case of COVID-19. Due to the lockdown in Middle East & African countries, various companies remain closed which led to the reduction in the sale of various products, thereby negatively impacting the market for soil fertility testing in the region.

The Middle East & Africa soil fertility testing market is segmented based on test type, method, and country. Based on test type, the market is segmented into physical, chemical and biological. In 2020, the chemical segment held the largest share in the market and the same segment is expected to be the fastest growing during the forecast period. Based on method the market is segmented into onsite and offsite/laboratory. In 2020, the offsite/laboratory segment held the largest market share and it is also expected to the fastest growing segment over the forecast period. Similarly, based on the country the market is segmented into the South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa. In 2020, the Rest of MEA held the largest share in the market and Saudi Arabia is expected to be the fastest growing country during the forecast period.

SGS SA; Eurofins Scientific; ALS; Agrocares; Crop Nutrition Laboratory Services Ltd.; Activation Laboratories Ltd. are among the leading companies in the Middle East & Africa soil fertility testing market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, AGROLAB GmbH went for expansion of the laboratory area of AGROLAB Agrar und Umwelt GmbH in Kiel, Germany, from 2.500m² to 7.500m². This expansion will be profitable for the company and will help in catering to increasing consumer demand

Reasons to buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa soil fertility testing market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa soil fertility testing market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the soil fertility testing market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution