Research Reports

MEA Bio-Stimulants Market Witnessing High Demand Due To Shrinking Area for Cultivation: FMI

Published by Uma Rajagopal

Posted on January 12, 2022

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The demand for organic products and methods is rising in the Middle East and Africa (MEA) as countries within the region focus on improving agricultural yield. This is in turn is driving the Middle East and Africa bio-stimulants market, finds Future Market Insights (FMI) in a new study. Customers nowadays are increasingly aware about various negative effects of using chemically synthesized pesticides and fertilizers. This has been resulting in surging sales of organic stimulants.

Get | Download Sample Copy with Graphs & List of Figures:

https://www.futuremarketinsights.com/reports/sample/rep-gb-12798 

Bio-stimulants are produced by combining various elements such as microorganisms, enzymes, seaweed extracts, plant hormones and amino acids and are intended to boost soil fertility and plant growth. They are naturally created hormones used in soil, seeds, vegetables, and fruits, besides other crops to help increase nutrient intake, antioxidant level, water retention, chlorophyll production and metabolism.

Growing concerns regarding the environment also play a key role in the bio-stimulants market growth as these substances are used together with organic manure to increase fertility of the soil and improve plant habitat. They are being increasingly adopted due to their low ecological footprint and non-toxic properties.

Key Takeaways from The Bio-Stimulants Market Report

  • The MEA bio-stimulants market is expected to grow at a CAGR of 7.8% during the period of 2020-2030
  • The market is expected to reach a valuation of US$ 144.6 Mn by the end of the forecast period
  • Due to their efficiency in improving yield of high-value crops and the easy application process, the demand for biostimulants will be considerably high foliar application
  • Growing population along with increasing focus on sustainable farming is expected to increase drive the MEA biostimulants market
  • Humic substances are expected to remain highly sought after active ingredients due to their ability to modify root morphology and plant membrane activities.
  • Favorable government regulations and low labor costs have been creating lucrative prospects for growth in the MEA

“Lack of arable land and surging population will continue fuelling demand for biostimulants in the Middle East and Africa. With governments actively encouraging the adoption of sustainable agricultural practices, the demand for biostimulants will continue rising in MEA,” said a lead analyst at FMI.

For More Information or Query or Customization Before Buying, Visit:

https://www.futuremarketinsights.com/customization-available/rep-gb-12798 

COVID-19 Impact Analysis

The COVID-19 pandemic caused disruptions in several sectors including the bio-stimulants market. Implementation of lockdown in several countries caused a major slowdown in production. The restrictions on transport affected the shipment of raw materials, shutting down production of bio-stimulants.

With increasing awareness regarding health and safety, people are now shifting towards the use of organic products. This has increased demand for ecofriendly and sustainable agricultural products, increasing growth in the bio-stimulants market. The market is expected to bounce back and grow at a steady upward trajectory.

Request a Complete TOC of this Report with figures:

https://www.futuremarketinsights.com/toc/rep-gb-12798 

Who Is Winning?

Manufacturers are focusing on developing bio-stimulants with improved efficiency and safety to increase application in the market. Players are also collaborating with various companies to create better versions of biostimulants. For instance, In March 2020, Syngenta and SICIT Group agreed on a 15 year contract to supply HICURE and ISABION bio-stimulants with the intention to propel the use of sustainable agriculture.

Some of the key players in the bio-stimulants market are Bayer CropScience, Platform Specialty Product Corporation, Biostadt India Limited, Koppert Biological Systems, Sapec Group, Valagro S.p.A., Syngenta AG, Lallemand, Marrone Bio Innovations, AlgaEnergy, Novozymes A/S, BASF SE, Biochimica S.p.A., UPL, Isagro S.p.A. and Italpollina S.p.A.

Explore FMI’s Extensive Coverage on Chemical & Materials Domain

Aluminum Chemicals Market– Aluminum Chemicals Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025

Concrete Admixtures Market– Concrete Admixtures Market: Global Industry Analysis and Opportunity Assessment 2014 – 2020

Asia Pacific Bio Composites Market– Asia Pacific Bio Composites Market: Industry Analysis and Opportunity Assessment 2014 – 2020

 

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com 

For Media Enquiries: press@futuremarketinsights.com 

Website: https://www.futuremarketinsights.com/ 

Report: https://www.futuremarketinsights.com/reports/middle-east-and-africa-bio-stimulants-market 

Press Release: https://www.futuremarketinsights.com/press-release/middle-east-and-africa-bio-stimulants-market 

 

 

The demand for organic products and methods is rising in the Middle East and Africa (MEA) as countries within the region focus on improving agricultural yield. This is in turn is driving the Middle East and Africa bio-stimulants market, finds Future Market Insights (FMI) in a new study. Customers nowadays are increasingly aware about various negative effects of using chemically synthesized pesticides and fertilizers. This has been resulting in surging sales of organic stimulants.

Get | Download Sample Copy with Graphs & List of Figures:

https://www.futuremarketinsights.com/reports/sample/rep-gb-12798 

Bio-stimulants are produced by combining various elements such as microorganisms, enzymes, seaweed extracts, plant hormones and amino acids and are intended to boost soil fertility and plant growth. They are naturally created hormones used in soil, seeds, vegetables, and fruits, besides other crops to help increase nutrient intake, antioxidant level, water retention, chlorophyll production and metabolism.

Growing concerns regarding the environment also play a key role in the bio-stimulants market growth as these substances are used together with organic manure to increase fertility of the soil and improve plant habitat. They are being increasingly adopted due to their low ecological footprint and non-toxic properties.

Key Takeaways from The Bio-Stimulants Market Report

  • The MEA bio-stimulants market is expected to grow at a CAGR of 7.8% during the period of 2020-2030
  • The market is expected to reach a valuation of US$ 144.6 Mn by the end of the forecast period
  • Due to their efficiency in improving yield of high-value crops and the easy application process, the demand for biostimulants will be considerably high foliar application
  • Growing population along with increasing focus on sustainable farming is expected to increase drive the MEA biostimulants market
  • Humic substances are expected to remain highly sought after active ingredients due to their ability to modify root morphology and plant membrane activities.
  • Favorable government regulations and low labor costs have been creating lucrative prospects for growth in the MEA

“Lack of arable land and surging population will continue fuelling demand for biostimulants in the Middle East and Africa. With governments actively encouraging the adoption of sustainable agricultural practices, the demand for biostimulants will continue rising in MEA,” said a lead analyst at FMI.

For More Information or Query or Customization Before Buying, Visit:

https://www.futuremarketinsights.com/customization-available/rep-gb-12798 

COVID-19 Impact Analysis

The COVID-19 pandemic caused disruptions in several sectors including the bio-stimulants market. Implementation of lockdown in several countries caused a major slowdown in production. The restrictions on transport affected the shipment of raw materials, shutting down production of bio-stimulants.

With increasing awareness regarding health and safety, people are now shifting towards the use of organic products. This has increased demand for ecofriendly and sustainable agricultural products, increasing growth in the bio-stimulants market. The market is expected to bounce back and grow at a steady upward trajectory.

Request a Complete TOC of this Report with figures:

https://www.futuremarketinsights.com/toc/rep-gb-12798 

Who Is Winning?

Manufacturers are focusing on developing bio-stimulants with improved efficiency and safety to increase application in the market. Players are also collaborating with various companies to create better versions of biostimulants. For instance, In March 2020, Syngenta and SICIT Group agreed on a 15 year contract to supply HICURE and ISABION bio-stimulants with the intention to propel the use of sustainable agriculture.

Some of the key players in the bio-stimulants market are Bayer CropScience, Platform Specialty Product Corporation, Biostadt India Limited, Koppert Biological Systems, Sapec Group, Valagro S.p.A., Syngenta AG, Lallemand, Marrone Bio Innovations, AlgaEnergy, Novozymes A/S, BASF SE, Biochimica S.p.A., UPL, Isagro S.p.A. and Italpollina S.p.A.

Explore FMI’s Extensive Coverage on Chemical & Materials Domain

Aluminum Chemicals Market– Aluminum Chemicals Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025

Concrete Admixtures Market– Concrete Admixtures Market: Global Industry Analysis and Opportunity Assessment 2014 – 2020

Asia Pacific Bio Composites Market– Asia Pacific Bio Composites Market: Industry Analysis and Opportunity Assessment 2014 – 2020

 

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com 

For Media Enquiries: press@futuremarketinsights.com 

Website: https://www.futuremarketinsights.com/ 

Report: https://www.futuremarketinsights.com/reports/middle-east-and-africa-bio-stimulants-market 

Press Release: https://www.futuremarketinsights.com/press-release/middle-east-and-africa-bio-stimulants-market 

 

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