Middle East and Africa Bio-Stimulants Market

Middle East and Africa Bio-Stimulants Market Outlook

The FMI anticipates that the Middle East and Africa bio-stimulants market is estimated to capture a valuation of US$ 84.6 million in 2023 and is projected to rise to US$ 179.2 million by 2033. The market is registering a CAGR of 7.8% during the forecast period.

There are several driving factors contributing to the growth of the bio-stimulants market in the Middle East and Africa region, including

• Increasing Demand for Food Crops: The population in the Middle East and Africa is growing significantly, which is increasing the demand for food crops. Bio-stimulants are used to enhance the yield and quality of crops, which is important to meet the growing demand for food.
• Growing Adoption of Sustainable Agriculture Practices: There is growing awareness among farmers in the region about the negative impact of conventional farming practices on the environment and human health. As a result, farmers are adopting sustainable agriculture practices such as organic farming by adopting bio-stimulating technology.
• Need for High Crop Yields: Farmers are constantly seeking ways to increase their crop yields to meet the growing demand for food. Agricultural bio-stimulants have been shown to enhance the growth and productivity of crops, leading to higher yields.
• Favourable Government Policies: Some governments in the Middle East and Africa have implemented policies to promote sustainable agriculture practices and bio-stimulants. For example, the Moroccan government has implemented a national strategy for developing organic agriculture. It has led to an increase in bio-stimulant use in the country.
• Increasing Awareness about the Benefits of Bio-Stimulants: As farmers and consumers become more educated about the benefits of bio-stimulants, the demand for these products is increasing. Bio-stimulant devices help to improve soil health, enhance plant growth, and increase resistance to environmental stress.

Lack of Awareness and Limited Availability May Decline the Market Growth

• Lack of Awareness and Education: Although awareness about bio-stimulated benefits is increasing, many farmers in the region are still unfamiliar with these products and their uses. This lack of education and awareness could limit bio-stimulant adoption in a few areas.
• High Cost of Bio-stimulants: Bio-stimulants are often more expensive than conventional fertilizers and other agricultural inputs. It could limit their adoption, particularly among small-scale farmers who may not have the resources to invest in these products.
• Limited Availability of Bio-Stimulants: In a few areas of the Middle East and Africa, there may be limited availability of bio-stimulants, particularly in remote or rural areas. It could limit the adoption of these products and the market's growth.
• Uncertainty Regarding the Efficacy of Bio-stimulants: There is growing evidence to support the effectiveness of bio-stimulants. A few farmers may hesitate to adopt these products due to uncertainty about their efficacy and the lack of long-term data.
• Regulatory Challenges: Bio-stimulants are often subject to regulatory requirements and the regulatory environment in the Middle East and Africa region. It may be complex and unpredictable, creating market entry and growth barriers.

Middle East and Africa Bio-stimulants Market, 2018 to 2022 Historical Sales, Compared to 2023 to 2033 Future Outlook

According to Future Market Insights, the global Middle East and Africa bio-stimulants market registered a healthy 7.8% CAGR during the forecast period. Historically, the market captured a CAGR of 6.8% between 2018 and 2022.

The market size is driven by factors such as the increasing demand for sustainable agriculture practices and the need for improved crop yields and quality. Additionally, the availability of government subsidies and support for adopting bio-stimulants in agriculture also contributed to the market's growth.

The report also highlighted that the demand for bio-stimulants was particularly high in South Africa, Egypt, and Morocco due to their large agricultural sectors. Furthermore, key players such as Biolchim S.p.A, Isagro S.p.A, and Valagro S.p.A, among others, dominated the market.

Overall, the market witnessed significant growth between 2018 and 2022 and is expected to continue to grow in the coming years. The increasing awareness and adoption of sustainable agriculture practices may advance the market size during the forecast period.

• Short-term (2022 to 2025): Growing population, Rapid urbanization, improving soil health, and better farming are accelerating the demand for bio-stimulants in this time frame. In addition, developed countries, including Egypt, and South Africa, are adopting advanced technologies to drive market size.
• Medium-term (2025 to 2028): Growing technological advancements such as bio-stimulating technology and agricultural biostimulants are advancing the market size. The region's prominently growing organic agriculture industry is driving the market size.
• Long-term (2028 to 2033): Growing research & development activities, present manufacturers, new market entrance, and huge investments drive market growth. Manufacturers are developing bio-stimulant appliances, driving market opportunities.

The Top Categories Driving the Global Market

Acid-based Segment is Highly Preferred in the Global Market

Based on the active ingredient, the acid-based segment dominates the global market by securing a share of 51.1% during the forecast period. The increasing adoption of acid-based improves soil health, enhances plant nutrient uptake, and stimulates plant growth and development.

Humic acids, for example, are organic acids formed during the decomposition of plant and animal matter in the soil. They are known for improving soil structure, increasing water-holding capacity, and enhancing nutrient availability to plants. Fulvic acids, on the other hand, are a type of humic acid that are small and soluble, allowing them to penetrate plant cells and improve nutrient absorption.

Amino acid-based bio-stimulants contain various amino acids, which are the building blocks of proteins. They can stimulate plant growth and development by enhancing the production of enzymes and other proteins needed for plant metabolism. Overall, acid-based bio-stimulants are a popular category widely used in agriculture due to their ability to improve soil health.

Nikhil Kaitwade

Principal Consultant

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The Top Countries Influencing the Global Market

Rising Sustainable Agriculture Practices Drive the Egypt Market Size

Egypt's bio-stimulated market has been growing steadily in recent years. The increasing demand for sustainable agriculture practices, rising awareness about the benefits of bio-stimulants, and government initiatives are fueling the Egypt market. Egypt's market is estimated to capture a share of 13.4% globally by 2033.

According to a report by Future Market Insights, the Egypt market was valued at US$ 48.08 million in 2020. The market's growth is primarily driven by factors such as the need for improved crop yields and the rise in organic farming practices. Moreover, the availability of government subsidies and support for adopting bio-stimulants in agriculture are advancing the Egypt market.

Egypt is particularly high in crops, such as fruits and vegetables, due to their high value in domestic and international markets. Furthermore, the market is dominated by key players such as Isagro S.p.A, Biolchim S.p.A, and Valagro S.p.A, among others.

Increasing Adoption of Bio-Stimulant Appliances Upsurges Türkiye Market

Türkiye has been performing well in the bio-stimulants Market, with a growing demand for sustainable agriculture practices and the adoption of bio-stimulating technology. Türkiye is securing a share of 7.4% in the global market by 2033.

The demand for bio-stimulants in Türkiye is particularly high in crops such as cereals, fruits, and vegetables in the export markets. Furthermore, the report also highlights that the adoption of bio-stimulants in Türkiye is driven by the need for improved soil fertility and sustaining high crop yields.

Türkiye is home to several key players in the bio-stimulants Market, such as Italpollina SpA, Isagro SpA, and Tradecorp International. These contribute to the market's growth through product innovation and expand their market reach.

Growing Bio-stimulant Devices Propel South Africa Market

The use of bio-stimulant devices is an emerging trend in the agricultural industry, and it appears to be driving South Africa's bio-stimulant market growth. Bio-stimulant devices are tools used to enhance plant growth and productivity by applying natural and biologically active substances to plants. These devices are becoming increasingly popular in South Africa due to the country's growing demand for sustainable agriculture and food production.

South Africa is securing a share of 7.2% in the global market during the forecast period. Bio-stimulant devices are gaining traction in South Africa, as they offer several benefits over traditional fertilizers and pesticides. They are made from natural and sustainable materials, making them environmentally friendly and safe for human consumption. They also improve soil fertility, plant growth, and yield, resulting in better crop quality and high farmer profits.

Several companies in South Africa are producing bio-stimulant devices, and the market is expected to grow in the coming years. The South African government is also supporting by promoting sustainable agriculture and investing in research and development in the sector. In conclusion, the growing demand for sustainable agriculture and bio-stimulant devices' benefits drive the growth of the South Africa Market.

Competitive Landscape

The bio-stimulants market is highly competitive, with several players operating in the industry, including large multinational companies, regional players, and start-ups. The competition in the market is driven by factors such as product innovation, distribution networks, pricing strategies, and customer relationships.

Companies operating in the bio-stimulants Market need a strong competitive advantage to succeed. A key factor determining a company's competitive advantage is its ability to innovate and develop new products that offer superior performance. Companies that invest heavily in research and development and have a strong intellectual property portfolio tend to be in the market.

Another important factor determining a company's competitive advantage is its distribution network. Companies with a well-established distribution network, including a strong presence in key markets, tend to have an advantage over their competitors. They can reach customers effectively and efficiently, which allows them to increase sales and gain market share.

Pricing strategies also play a critical role in determining a company's competitive advantage in the bio-stimulants Market. Companies that offer high-quality products at competitive prices tend to gain an advantage over their competitors. They can attract customers looking for value for money, which allows them to increase their customer base and market share.

Recent Developments in the Market are

• In 2021, Valagro launched a new range of biostimulants called "Biorevital," designed to enhance plant growth and productivity.
• In 2021, Isagro announced the launch of its new biostimulant product, "Florabloom," designed to enhance flowering and fruit set in crops.
• In 2020, Italpollina announced the acquisition of the Indian biostimulant company Suboneyo Chemicals Pharmaceuticals to expand its presence in the Indian Market.
• In 2021, Koppert Biological Systems announced the launch of its new bio fungicide product called "Trianum-G," designed to control crops' soil-borne diseases.
• In 2020, Agrinos announced the launch of its new biostimulant product, "BIOADVANCE," designed to improve crop yields and quality.
• In 2020, Fertiplus announced the launch of its new organic fertilizer product, "Organifert," designed to improve soil health and plant growth.
• In 2021, Biofeed announced the launch of its new biostimulant product, "Biomatec," designed to enhance plant growth and productivity.
• In 2020, AlgaEnergy announced a strategic partnership with the Japanese biotech company, Kobashi Industries, to develop and market microalgae-based biostimulants in Japan.
• In 2021, Biocin announced the launch of its new biostimulant product, "Bioverde," designed to improve plant growth and resilience.
• In 2021, Biostadt announced the launch of its new biopesticide product, "Biocin-M," designed to control pests in various crops.

A list of Essential Players in the market are

• Valagro: Valagro is an Italian company that specializes in the production and marketing of bio-stimulants and speciality nutrients for crops. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Bioiberica: Bioiberica is a Spanish company that produces many biostimulants, including amino acids, peptides, and other natural compounds. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Italpollina: Italpollina is an Italian company specializing in producing organic fertilizers and bio-stimulants. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Koppert Biological Systems: Koppert Biological Systems is a Dutch company that produces biological solutions for sustainable agriculture. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Biostadt: Biostadt is an Indian company that produces biostimulants, biopesticides, and other agrochemical products. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Agrinos: Agrinos is a Norwegian company that produces biostimulants and microbial solutions for sustainable agriculture. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Fertiplus: Fertiplus is a Moroccan company that produces organic fertilizers and biostimulants for crops. It has a strong presence in North Africa, with offices and distribution networks in many countries.
• Biofeed: Biofeed is an Israeli company that produces biostimulants and organic fertilizers for sustainable agriculture. It has a strong presence in the Middle East, with offices and distribution networks in many countries.
• AlgaEnergy: AlgaEnergy is a Spanish company specializing in producing microalgae-based biostimulants for agriculture. It has a strong presence in the Middle East and Africa, with offices and distribution networks in many countries.
• Biocin: Biocin is a Turkish company that produces biostimulants and organic fertilizers for crops. It has a strong presence in Türkiye and other parts of the Middle East.

Other Prominent Players in the Market are

• Yara International
• Novozyme A/S
• BioAtlantis Ltd.
• Koppert B.V.
• Syngenta AG
• Seipasa
• Omex Agrifluids Ltd.
• Valagro SpA
• Trade Corporation International-Omnia
• Haifa Group
• Kelp Products International
• Madumbi-Andermatt Group
• Greenlife Crop Protection Africa

Scope of Report

The Middle East and Africa Bio-stimulants Market Market by Category

By Crop Type:

• Row Crops
• Fruits & Vegetables
• Turfs & Ornamentals
• Other Crop Types

By Active Ingredients:

• Acid-based
• Extract-based
• Others

By Application:

• Foliar
• Soil
• Seed

By Region:

• Egypt
• Morocco
• Algeria
• South Africa
• Libya