The Middle-East and African biofertilizers market size is expected to reach USD 0.15 billion in 2024 and reach USD 0.28 billion by 2029, growing at a CAGR of 13.4% from 2024 to 2029.
The market competition is expected to increase due to a surge in product and service extensions. The manufacturers compete in terms of brand, variety, price, and availability. Some of the key barriers to the entrance of new players are the advancements in technology and substantial capital investment.
With the growing adoption of Biofertilizers in soil richness management practices, the market for Biofertilizers is projected to have a positive viewpoint in the coming years. The increasing use of safe and eco-friendly methods for preserving soil nutrition will drive this market’s growth during the forecast period. Lack of awareness among farmers of developing countries is acting as a major restrain for the market.
Seed Treatment and Soil Treatment.
Nitrogen-fixing bio-fertilizer is the leading segment of the market which is fuelled by the increasing acceptance and demand of these fertilizers and is expected to expand enormously.
Africa dominates the Biofertilizers market in this region while Middle-East is expected to witness high growth in the forecast period.
The value chain includes producers in the Biofertilizers market and they are Lallemand Inc., Camson Bio Technologies Limited, Rizobacter Argentina S.A., Novozymes A/S, Camson Bio Technologies Limited and Nutramax Laboratories Inc., Symborg S.L., Mapleton Agri Biotech Private Ltd and AgriLife.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1600
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region