The Middle East and African controlled-release fertilizers market size is expected to reach USD 365.82 million in 2024 and USD 480.38 million by 2029, growing at a CAGR of 5.6% from 2024 to 2029.
Controlled-release fertilizers are granulated fertilizers that liberate nutrients slowly into the soil. The gradualness of the release is determined by the lesser solubility of the chemical complexes in the soil moistness. Since fertilizers are soluble in water, the nutrients can scatter rapidly as the fertilizer dissolves. Because controlled-release fertilizers are not water-soluble, their nutrients disperse into the soil more slowly.
Middle-East and African controlled-release fertilizers market is poised to observe substantial growth over the coming years due to growing food demand along with decreasing arable land. High end-use efficacy and lowest wastage are likely to contribute to demand, specifically in this region, over the forecast period. Production difficulties, together with salt gathering, are estimated to impede market growth.
Crop based controlled release fertilizers segment is expected to increase at highest rate due to increase in demand for crops because of increase in population.
Geographically the Middle-East and Africa market is segmented into Middle-East and Africa. Africa dominates the controlled release fertilizers market while Middle-east is expected to grow at a high CAGR in the forecast period.
The market for controlled-release fertilizers is described as strong competition with a large number of big and small players. The Chisso Corporation, Shandong Shikefeng Chemical Industry Co. Ltd., Kingenta Ecological Engineering Group Co. Ltd., Scotts Miracle-Gro Company, Agrium, Yara International, Israel Chemicals Ltd. (Israel), Compo GmbH Co., Sociedad Quimica Y Minera S.A. and Haifa Chemicals Limited are some of the big players in controlled release fertilizer industry.
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