Market Size of middle east & africa specialty fertilizer Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 4.65 Billion |
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Market Size (2030) | USD 6.81 Billion |
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Largest Share by Speciality Type | Liquid Fertilizer |
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CAGR (2024 - 2030) | 6.55 % |
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Largest Share by Country | Nigeria |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Middle East & Africa Specialty Fertilizer Market Analysis
The Middle East & Africa Specialty Fertilizer Market size is estimated at 4.65 billion USD in 2024, and is expected to reach 6.81 billion USD by 2030, growing at a CAGR of 6.55% during the forecast period (2024-2030).
4.65 Billion
Market Size in 2024 (USD)
6.81 Billion
Market Size in 2030 (USD)
8.90 %
CAGR (2017-2023)
6.55 %
CAGR (2024-2030)
Largest segment by Speciality Type
49.59 %
value share, Liquid Fertilizer, 2023
Liquid fertilizers penetrate into soil easily, which helps to absorb nutrients quickly. They can be combined with other Agro chemicals which will reduce the overall cost.
Fastest Growing Speciality Type
7.94 %
Projected CAGR, CRF, 2024-2030
Increasing demand for highly efficient fertilizers to increase crop productivity, the demand for controlled-release fertilizers is expected to grow during the forecast period
Largest Segment by Crop Type
7.47 %
Projected CAGR, Horticultural Crops, 2024-2030
The specialty fertilizer market in the horticultural crops segment is anticipated to increase, as specialty fertilizers are more efficient than conventional fertilizers.
Largest segment by Country
7.30 %
value share, Nigeria, 2023
The Nigerian agricultural sector is facing various challenges including land tenure issues, limited irrigation, and climate change that will drive the specialty fertilizers market.
Leading Market Player
14.16 %
market share, Yara International ASA, 2022
Yara International has became a market leader by offering a wide range of specialty fertilizers including CRF, SRF, foliar, liquid, micronutrients and complex fertilizers
Growing awareness and efficiency in nutrient supply may drive market growth
- The Middle East & Africa's specialty fertilizers market held a 7.6% share of the total market value in 2022, with a projected CAGR of 6.4% during the forecast period. The relatively lower adoption of specialty fertilizers by farmers, coupled with their higher costs compared to conventional options, explains this modest market share.
- In 2022, South Africa, Nigeria, and Turkey emerged as dominant players, capturing 11.4%, 8.3%, and 4.9% of the market, respectively. These countries, with their sizable populations, ample land availability, and government-led fertilizer trials, have become focal points for fertilizer manufacturers. These manufacturers are tailoring specialty products to meet the specific requirements of these markets, fueling further market expansion.
- Liquid fertilizers held a significant share of 48.5% in the Middle East & Africa's specialty fertilizers market in 2022. Growers in this region have recognized the benefits of liquid fertilizers, including their easy soil penetration, fast nutrient absorption by plants, and reduced wastage. These fertilizers can be applied either to the ground or as a foliar spray. This presents a lucrative opportunity for manufacturers eyeing the liquid fertilizers segment over the study period.
- In 2022, water-soluble fertilizers commanded a 47.3% share in the Middle East & Africa's specialty fertilizers market. These fertilizers offer a simplified nutrition management approach as their nutrient levels remain unaffected by leaching.
- A notable uptick in farmers' awareness regarding specialized fertilizers has occurred in recent years. This, coupled with a growing demand for liquid, water-soluble, and controlled-release fertilizers, is expected to be the driving force behind the market's growth.
Growing awareness and efficiency in nutrient supply may drive market growth during the study period
- The Middle East & Africa's specialty fertilizers market held a 7.6% share of the total market value in 2022, with a projected CAGR of 6.4% from 2023 to 2030. Specialty fertilizers face a lower market share, primarily due to limited farmer awareness and their relatively higher cost compared to conventional alternatives.
- In 2022, South Africa, Nigeria, and Turkey emerged as the dominant players in the market, capturing shares of 11.4%, 8.3%, and 4.9%, respectively. These countries, with their sizable populations, ample land availability, and government-backed fertilizer trials, have become prime targets for fertilizer manufacturers. These manufacturers are tailoring their offerings to the specific requirements of these nations, further fueling market growth.
- Liquid fertilizers held the lion's share, accounting for 48.5% of the Middle East & Africa's specialty fertilizers market in 2022. Growers in the region have recognized the advantages of liquid fertilizers, such as better soil penetration, enhanced nutrient absorption, and reduced wastage. These fertilizers can be applied either to the ground or as foliar sprays, presenting a significant growth opportunity for manufacturers in this segment.
- Water-soluble fertilizers, capturing 47.0% of the specialty fertilizers' market value in 2022, offer simplified nutrition management as they are not affected by leaching.
- The market has witnessed a surge in farmer awareness about specialized fertilizers and a rising demand for liquid, water-soluble, and controlled-release fertilizers, setting the stage for robust market growth.
Middle East & Africa Specialty Fertilizer Industry Segmentation
CRF, Liquid Fertilizer, SRF, Water Soluble are covered as segments by Speciality Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type. Nigeria, Saudi Arabia, South Africa, Turkey are covered as segments by Country.
- The Middle East & Africa's specialty fertilizers market held a 7.6% share of the total market value in 2022, with a projected CAGR of 6.4% during the forecast period. The relatively lower adoption of specialty fertilizers by farmers, coupled with their higher costs compared to conventional options, explains this modest market share.
- In 2022, South Africa, Nigeria, and Turkey emerged as dominant players, capturing 11.4%, 8.3%, and 4.9% of the market, respectively. These countries, with their sizable populations, ample land availability, and government-led fertilizer trials, have become focal points for fertilizer manufacturers. These manufacturers are tailoring specialty products to meet the specific requirements of these markets, fueling further market expansion.
- Liquid fertilizers held a significant share of 48.5% in the Middle East & Africa's specialty fertilizers market in 2022. Growers in this region have recognized the benefits of liquid fertilizers, including their easy soil penetration, fast nutrient absorption by plants, and reduced wastage. These fertilizers can be applied either to the ground or as a foliar spray. This presents a lucrative opportunity for manufacturers eyeing the liquid fertilizers segment over the study period.
- In 2022, water-soluble fertilizers commanded a 47.3% share in the Middle East & Africa's specialty fertilizers market. These fertilizers offer a simplified nutrition management approach as their nutrient levels remain unaffected by leaching.
- A notable uptick in farmers' awareness regarding specialized fertilizers has occurred in recent years. This, coupled with a growing demand for liquid, water-soluble, and controlled-release fertilizers, is expected to be the driving force behind the market's growth.
| Speciality Type | |||||
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| Liquid Fertilizer | |||||
| SRF | |||||
| Water Soluble |
| Application Mode | |
| Fertigation | |
| Foliar | |
| Soil |
| Crop Type | |
| Field Crops | |
| Horticultural Crops | |
| Turf & Ornamental |
| Country | |
| Nigeria | |
| Saudi Arabia | |
| South Africa | |
| Turkey | |
| Rest of Middle East & Africa |
Middle East & Africa Specialty Fertilizer Market Size Summary
The Middle East & Africa specialty fertilizer market is experiencing a steady growth trajectory, driven by increasing awareness among farmers and a rising demand for advanced fertilizer solutions. Despite the higher costs and lower adoption rates compared to conventional fertilizers, the market is expanding due to the tailored offerings by manufacturers to meet the specific needs of countries like South Africa, Nigeria, and Turkey. These nations are becoming focal points for fertilizer manufacturers, who are leveraging government-led trials and ample land availability to boost their market presence. The market is characterized by a significant share of liquid and water-soluble fertilizers, which are favored for their efficient nutrient absorption and reduced wastage. This preference presents lucrative opportunities for manufacturers to capitalize on the growing demand for these specialized products.
The region's agricultural landscape, dominated by field crops such as corn, sorghum, and wheat, underscores the importance of specialty fertilizers in enhancing crop yields and ensuring food security. The emphasis on nitrogen, phosphorous, and potassium as primary nutrients reflects the region's focus on self-sufficiency and reducing import reliance. The market is fragmented, with major players like ICL Group Ltd, K+S Aktiengesellschaft, and Yara International ASA actively expanding their operations through strategic acquisitions and partnerships. These developments are aimed at strengthening their foothold in the region and tapping into the burgeoning demand for specialty fertilizers, which are crucial for addressing the challenges posed by land and water scarcity in the Middle East & Africa.
Middle East & Africa Specialty Fertilizer Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Speciality Type
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1.1.1 CRF
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1.1.1.1 Polymer Coated
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1.1.1.2 Polymer-Sulfur Coated
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1.1.1.3 Others
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1.1.2 Liquid Fertilizer
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1.1.3 SRF
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1.1.4 Water Soluble
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1.2 Application Mode
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1.2.1 Fertigation
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1.2.2 Foliar
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1.2.3 Soil
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1.3 Crop Type
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1.3.1 Field Crops
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1.3.2 Horticultural Crops
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1.3.3 Turf & Ornamental
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1.4 Country
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1.4.1 Nigeria
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1.4.2 Saudi Arabia
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1.4.3 South Africa
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1.4.4 Turkey
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1.4.5 Rest of Middle East & Africa
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Middle East & Africa Specialty Fertilizer Market Size FAQs
How big is the Middle East & Africa Specialty Fertilizer Market?
The Middle East & Africa Specialty Fertilizer Market size is expected to reach USD 4.65 billion in 2024 and grow at a CAGR of 6.55% to reach USD 6.81 billion by 2030.
What is the current Middle East & Africa Specialty Fertilizer Market size?
In 2024, the Middle East & Africa Specialty Fertilizer Market size is expected to reach USD 4.65 billion.
