Middle East and Africa Biofertilizers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Nitrogen Fixing, Phosphorus Solubilizing, Potassium Mobilizing, and Others), Microorganism (Rhizobium, Azotobacter, Phosphate Solubilizi

Middle East and Africa Biofertilizers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Nitrogen Fixing, Phosphorus Solubilizing, Potassium Mobilizing, and Others), Microorganism (Rhizobium, Azotobacter, Phosphate Solubilizing Bacteria, and Others), Crop Type (Cereals and Grains, Oil seeds and Pulses, Fruits and Vegetables, and Others), and Application (Seed Treatment, Soil Treatment, and Others)

The biofertilizers market in Middle East & Africa is expected to grow from US$ 72.21 million in 2021 to US$ 178.49 million by 2028; it is estimated to grow at a CAGR of 12.2% from 2021 to 2028. The application of biofertilizers is one of the potential technologies for sustainable farming systems and also caters to the need of efficiently using available nitrogen. The nitrogen fixing phosphate solubilizing bio-fertilizers are being widely used by the famers to produce high-demand crops such as wheat, oilseeds, rice, among others. The biofertilizers containing nitrogen can maintain the optimum level of nitrogen in the soil, which will aid in the proper growth of the crop. Biofertilizers include different plant associated microorganisms which helps in enhancing the plant growth and improves the yield and quality of the produce through supply of adequate nutrients. The different microorganism included in the biofertilizers provide different type of yield increase. For instance, Rhizobium strains provide a yield increase of 10-35%, Azotobacter provides a yield increase of 10-15%, Phosphate Solubilizers provide a yield increase of 5-30%, Azospirillum provides a yield increase of 10-20%, among others. Thus, different microorganism included in biofertilizers helps in increasing the production and yield of crops which is providing various growth opportunities for the biofertilizers market across the region.

South Africa has the highest COVID-19 cases in the Middle East & Africa region, followed by Saudi Arabia and the UAE, among others. UAE was the first country in the Middle East & Africa to report a confirmed case of COVID-19. The impact of lockdown in the Middle Eastern and African countries was that various manufacturing companies related to the chemicals and materials industry was closed which led to a negative impact on the production of biofertilizer. As the manufacturing operations are being resumed and restriction are being uplifted, the biofertilizers market is expected to grow. The increase in organic and sustainable farming, along with an increase demand for organic food products during the pandemic will have a positive impact on the biofertilizers marketa positive impact on the demand of biofertilizers across the region during the COVID pandemic.

The Middle East & Africa biofertilizers market is segmented on the basis of product type, microorganism, crop type, and application. Based on application, the market is segmented into seed treatment, soil treatment, and others. In 2020, seed treatment segment held the largest share in the market. Seed treatment refers to the application of insecticide or fungicide or both to the seeds which will disinfect them from seed-borne or soil-borne pathogenic organisms and storage insects. Seed treatment with biofertilizers includes dipping of the desired seeds in a mixture of phosphorus and nitrogen fertilizers. After dipping the seeds, it is sun-dried and are subsequently sown in the fields. The coating made on the seeds enables quick and healthy growth of the plants and the involvement of biofertilizers during seed treatment is due to the essential nutrients such as sulfur, zinc, nitrogen, and phosphorus, which helps in enhancing the nutritional value of vegetables and fruits as well as cereals and grains. Along with this, the utilization of biofertilizers in seed treatment provides various agronomic benefits and reduces the negative environmental impact.

The Middle East & Africa biofertilizers market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Middle East & Africa biofertilizers market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Middle East & Africa biofertilizers market. Mapleton Agri Biotec Pt Ltd.; Mapleton Agri Biotec Pt Ltd.; Novozymes; RIZOBACTER; Symborg; T.Stanes and Company Limited; UPL; and Vegalab SA are among the leading companies in the market.

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