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Middle East and Africa Biostimulants Market – Industry Trends and Forecast to 2030

  • Agriculture And Animal Feed
  • Upcoming Report
  • Nov 2022
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Agriculture And Animal Feed
  • Upcoming Report
  • Nov 2022
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Middle East and Africa Biostimulants Market, By Origin (Natural and Biosynthetic Biostimulants), Active Ingredients (Acid Based, Extract Based, Protein Hydrolysates, Microbial Amendments, Chitin, Chitosan, B-Vitamins, Others), Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Turf and Ornamentals, Other Crops), Application Method (Foliar Treatment, Soil Treatment, Seed Treatment), Form (Liquid, Dry), End Users (Farmers, Related Industries, Research Institutes), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2030.

Middle East and Africa Biostimulants Market

Middle East and Africa Biostimulants Market Analysis and Size

Biostimulants are microorganisms or mixtures that plants use to lift creation and work on their properties. The mounting demand for the biostimulant owing to increasing awareness regarding harmful and long-term effects of artificial chemicals used for the plant's growth, positively impacting the biostimulants market growth during the forecast period. Therefore, increasing interest for regular and natural things supports business sector development, especially in the Middle East and Africa.

Data Bridge Market Research analyses that the biostimulants market was valued at USD 3.09 billion in 2022 and is expected to reach USD 7.07 billion by 2030, registering a CAGR of 10.90% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Middle East and Africa Biostimulants Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Origin (Natural and Biosynthetic Biostimulants), Active Ingredients (Acid Based, Extract Based, Protein Hydrolysates, Microbial Amendments, Chitin, Chitosan, B-Vitamins, Others), Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Turf and Ornamentals, Other Crops), Application Method (Foliar Treatment, Soil Treatment, Seed Treatment), Form (Liquid, Dry), End Users (Farmers, Related Industries, Research Institutes), Distribution Channel (Direct, Indirect)

Countries Covered

UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Bell Flavors and Fragrances (U.S.), Rutland Biodynamics Ltd. (U.K.), Prakruti Products (India), Ambe Phytoextracts Pvt. Ltd. (India), The Green Labs LLC (U.S.), Berje, Inc. (U.S.), Umalaxmi Organics Pvt. Ltd. (India), DSM (Netherlands) GrainCorp (Australia), Malteurop (France), Rahr Corporation (U.S.), Boortmalt (Belgium), Indesso (Spain), Lipoid Kosmetic AG, (Germany), The Herbarie at Stoney Hill Farm, Inc (U.S.), International Flavors and Fragrances, Inc. (U.S.)

Market Opportunities

  • Government policies and regulation to promote environment-friendly products
  • Growing need for agrochemical for the environment
  • Rising product innovation to change with consumer preferences

Market Definition

Biostimulant refers to a material comprising substances or microorganisms whose function is applied to rhizosphere or plants. Biostimulants stimulate natural processes to increase nutrient uptake, tolerance to abiotic stress, nutrient efficiency, and crop quality, independent of their nutrient content.

Middle East and Africa Biostimulants Market Dynamics

Drivers

  • Advantages of biostimulant

Biostimulants improve crop quality parameters such as firmness, color, sugars (BRIX), and post-harvest quality. They also optimize fruit size and crop uniformity. Biostimulants stimulate cell division in young fruits. Moreover, they increase the post-harvest life of fruits. Biostimulants are utilized as fruit coloring prompters, particularly for oranges, grapes, apples, and cherries.

  • Growth in organic production practices

Biostimulants are important for agricultural sectors future in terms of stimulating organic practices. Biostimulants can increase soil microflora, which helps to make the uptake of nutrients more effective. Biostimulants are associated with gardening and organic farming, which are presently witnessing healthy progress in conventional agriculture as well. These are progressively being observed as a response to the customer demand for ‘softer’ agricultural practices. With the growing need to meet the importance of safe farming practices and food sufficiency, the organic food industry is recording an exponential growth rate which will likely drive the market's growth.

Opportunities

  • Rising demand for agricultural biostimulants

Manufacturers in the biostimulants market have an immediate-term or short-term focus to manage flows and stocks with high flexibility to upsurge flexibility against the challenges of the pandemic. They are highly focusing on important applications such as developing agricultural biostimulants to manufacture cereals & grains, oilseeds & pulses, and fruits & vegetables, among others. Companies are conveying mid-term and long-term business strategies to adapt potential trends in the upcoming future.

Moreover, the benefits of using eco-friendly products, such as low toxicity, increased efficiency and high specificity, have led to enhancing the adoption of biostimulant. As a result of this, there are numerous bio-based biostimulant market which creates opportunities for the growth of biostimulants in the market.

Restraints/ Challenges

  • Issue associated biostimulant market

Quality issues in manufacturing biostimulants may hamper the demand of the biostimulant and obstruct the market's growth. Furthermore, high demand for substitute products such as micronutrients, enzymes, proteins, amino acids and other compounds may challenge the growth of the targeted market during the forecast period.

 This biostimulants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the biostimulants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Covid-19 Impact on Middle East and Africa Biostimulants Market

The outbreak of COVID-19 pandemic has slowed down investments in the agriculture industry globally. The agriculture sector was affected owing to inability to access markets, labor unavailability and lack of biostimulants, among others. Moreover, the pandemic significantly impacted different biostimulant segments causing disruptions in the production processes, timely product deliveries, supply chain and others. In the post-pandemic era, the biostimulants market is anticipated to emerge with new norms, policies and plans.

However, the pandemic might temporarily impact the biostimulants market but is expected to increase biological investment as part of a broader shift to interest in sustainable crop production and food security and ensuring more crop production supply chains. This should, in turn, drive interest in formulations of new product for biostimulants.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In October 2021, UPL Limited collaborated with Chr. Hansan is a global bioscience company. The main aim of this collaboration to develop microbial-based biosolutions such as  biopesticides and biostimulants. ​
  • In October 2020, Isagro SPA acquired Phoenix Del to develop through external lines in the segments of copper-based fungicides and biosolutions. This acquisition is targeted to form advanced products under the biostimulant segment.

Middle East and Africa Biostimulants Market Scope

The biostimulants market is segmented on the basis of origin, active ingredients, crop type, application method, form, end users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Origin

  • Natural
  • Biosynthetic Biostimulants

Active Ingredients

  • Acid Based
  • Extract Based
  • Protein Hydrolysate
  • Microbial Amendments
  • Chitin
  • Chitosan
  • B-Vitamins
  • Others

Crop Type

  • Fruits and Vegetables
  • Cereals and Grains
  • Turf and Ornamentals
  • Oilseeds and Pulses
  • Other Crops

Application Method

  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment

Form

  • Liquid
  • Dry

End users

  • Farmers
  • Related Industries
  • Research Institutes
  • Others

Distribution Channel

  • Direct
  • Indirect

Biostimulants Market Regional Analysis/Insights

The biostimulants market is analyzed and market size insights and trends are provided by country, origin, active ingredients, crop type, application method, form, end users and distribution channel as referenced above.

The countries covered in the biostimulants market report are UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

South Africa is dominating the Middle East and Africa biostimulants market because companies are involved in providing and developing biostimulants products. Along with this, organizations are demonstrating awareness regarding the biostimulant.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.    

Competitive Landscape and Biostimulants Market Share Analysis

The biostimulants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to biostimulants market.

Some of the major players operating in the biostimulants market are:

  • Bell Flavors and Fragrances (U.S.)
  • Rutland Biodynamics Ltd. (U.K.)
  • Prakruti Products (India)
  • Ambe Phytoextracts Pvt. Ltd. (India)
  • The Green Labs LLC (U.S.)
  • Berje, Inc. (U.S.)
  • Umalaxmi Organics Pvt. Ltd. (India)
  • DSM (Netherlands)
  • GrainCorp (Australia)
  • Malteurop (France)
  • Rahr Corporation (U.S.)
  • Boortmalt (Belgium)
  • Indesso (Spain)
  • Lipoid Kosmetic AG, (Germany)
  • The Herbarie at Stoney Hill Farm, Inc .(U.S.)
  • International Flavors and Fragrances, Inc. (U.S.)

 Research Methodology: Middle East and Africa Biostimulants Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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Frequently Asked Questions

The market value for biostimulants market in 2022 is USD 3.09 billion.
The biostimulants market is to grow at a CAGR of 10.90% during the forecast period of 2023 to 2030.
South Africa is dominating the Middle East and Africa biostimulants market because companies are involved in providing and developing biostimulants products. Along with this, organizations are demonstrating awareness regarding the biostimulant.
The countries covered in the biostimulants market report are UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).