Market Size of Middle East & Africa Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Biopesticides Market Analysis
The Middle East & Africa Biopesticides Market is projected to grow at a CAGR of 7.0% during the forecast period (2020-2025).
- There is an increase in demand for organically grown food, due to severe adverse health effects caused by the rampant usage of chemical fertilizers in the region. This, in turn, has stimulated farmers in these regions to look for safe farming practices, such as the usage of biologically extracted plant growth promotors, such as biopesticides, which has a minimal effect on the environment.
- The high cost associated with the usage of biopesticides is restraining the market's growth. The lack of infrastructure for commercial mass production of biopesticides in the region is contributing to the high cost for these fertilizers.
- BASF SE, FMC Corporation, Sumitomo Chemical Co. Ltd, and Bayer AG are some of the major players who are operating in this market.
MEA Biopesticides Industry Segmentation
For the purpose of this report, biopesticides have been defined as commercially manufactured products derived from natural materials, such as animals, plants, bacteria, and certain minerals. The market studied includes biopesticides applied by farmers and the large commercial growers in crops and in non-crop agricultural practices.
| Product Type | |
| Bioherbicide | |
| Biofungicide | |
| Bioinsecticide | |
| Other Products |
| Formulation | |
| Liquid | |
| Dry |
| Mode of Application | |
| Soil | |
| Seed | |
| Foliar | |
| Other mode of application |
| Crop Yype | |
| Crop-based | |
| Non-crop based |
| Geography | ||||||||
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Middle East & Africa Biopesticides Market Size Summary
The Middle East & Africa biopesticides market is experiencing significant growth, driven by the increasing demand for organically grown food. This demand is largely due to the adverse health effects associated with the use of chemical fertilizers, prompting farmers to adopt safer farming practices. Biopesticides, which are biologically extracted plant growth promoters, are gaining popularity as they have minimal environmental impact. However, the high cost of biopesticides, attributed to the lack of infrastructure for commercial mass production in the region, poses a challenge to market expansion. Major industry players such as BASF SE, FMC Corporation, Sumitomo Chemical Co. Ltd, and Bayer AG are actively operating in this market, leveraging their extensive distribution networks to maintain a competitive edge.
The shift towards organic farming practices is further supported by the increasing health consciousness among consumers, who are seeking to avoid the adverse effects of chemical substances and genetically modified ingredients. This trend is reflected in the significant increase in organic acreage in the region, highlighting the growing importance of biopesticides. Additionally, the reduction in harvested areas under cereals due to pest infestations has led farmers to increasingly adopt bioinsecticides to mitigate crop damage and prevent yield loss. The market is consolidated, with major players holding a significant share and investing in the development of tailored products to meet regional farmer requirements.
Middle East & Africa Biopesticides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Bioherbicide
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2.1.2 Biofungicide
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2.1.3 Bioinsecticide
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2.1.4 Other Products
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2.2 Formulation
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2.2.1 Liquid
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2.2.2 Dry
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2.3 Mode of Application
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2.3.1 Soil
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2.3.2 Seed
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2.3.3 Foliar
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2.3.4 Other mode of application
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2.4 Crop Yype
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2.4.1 Crop-based
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2.4.2 Non-crop based
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2.5 Geography
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2.5.1 Africa
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2.5.1.1 South Africa
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2.5.1.2 Kenya
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2.5.1.3 Uganda
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2.5.1.4 Tanzania
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2.5.1.5 Nigeria
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2.5.1.6 Rest of Africa
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2.5.2 Middle East
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2.5.2.1 United Arab Emirates
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2.5.2.2 Saudi Arabia
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2.5.2.3 Turkey
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2.5.2.4 Egypt
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2.5.2.5 Rest of Middle East
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Middle East & Africa Biopesticides Market Size FAQs
What is the current Middle East & Africa Biopesticides Market size?
The Middle East & Africa Biopesticides Market is projected to register a CAGR of 7.20% during the forecast period (2024-2029)
Who are the key players in Middle East & Africa Biopesticides Market?
Sumitomo Chemical Co. Ltd, Omnia Holdings Limited, BASF SE and BAYER AG are the major companies operating in the Middle East & Africa Biopesticides Market.
