24/06/2024
Ekonomi

Middle East Organic Fertilizer Market Share, Growth, Revenue, Emerging Trends, Challenges, Business Opportunities and Forecast Till 2033: SPER Market Research

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Organic fertilizer is made from natural components like as earthworm castings, cow dung, agricultural waste, and animal waste. These materials are beneficial for soil fertility and plant growth because of their high concentrations of organic matter and minerals. One of the main advantages of organic fertilizers is their capacity to improve soil water retention. As such, they improve soil moisture retention and ensure that plants receive water during dry seasons.

According to SPER market research, GCC Organic Fertilizer Market Size- By Product Group, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the GCC Organic Fertilizer Market is predicted to reach USD XX billion by 2033 with a CAGR of 13.78%.

Drivers:

The Gulf Cooperation Council’s (GCC) organic fertilizer market is influenced by several factors that together foster the expansion of the sector. First off, as people become more aware of and concerned about environmental sustainability and food safety, the Gulf Cooperation Council (GCC) countries are witnessing a spike in demand for organic products, particularly fertilizers. Consumers and farmers alike are seeing the long-term benefits of organic fertilizers in supporting biodiversity, healthy soil, and sustainable farming methods. Government initiatives that promote organic farming and reduce reliance on chemical inputs have also contributed to the growth of the sector.

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Challenges:

The GCC organic fertilizer market faces a number of challenges that keep it from growing and becoming extensively utilized. The region’s poor supply of organic materials for fertilizer synthesis is a serious problem because it is difficult to produce compost and organic waste due to the region’s arid climate and limited agricultural resources. This scarcity hinders market competitiveness and scalability, often leading to higher manufacturing costs and limited supplies. Furthermore, the lack of consistent regulations and certifications for organic fertilizers across the GCC countries hinders market harmonization and consumer trust. Regulations that lack coherence have the ability to hinder trade and restrict market expansion.

Impact of COVID-19 on GCC Organic Fertilizer Market

The Gulf Cooperation Council (GCC) region’s organic fertilizer industry has suffered significant losses as a result of the COVID-19 outbreak. The organic fertilizer sector has faced both opportunities and challenges as a result of travel restrictions, unstable economies, and disruptions in global supply networks. Since health and food security are becoming more and more vital, there is a growing need for organic fertilizers and other sustainable agriculture techniques. As more individuals look for things they believe are better for the environment and their health, they are becoming more interested in organic farming practices.

Additionally, Some of the market key players are Abu Dhabi Fertilizer Industries Co. WLL, Al Yahar Organic Fertilizers Factory, Al-Akhawain.

Middle East Organic Fertilizer Market Segmentation:

By Product Group: Based on the Product Group, GCC Organic Fertilizer Market is segmented as; Organic Residues, Bio-Fertilizers.

By Distribution Channel: Based on the Distribution Channel, GCC Organic Fertilizer Market is segmented as; Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crop, Turf and Ornamentals.

By Region: This research also includes data for Saudi Arabia, United Arab Emirates, Qatar, Oman, Bahrain, Rest of GCC.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

MEA Organic Fertilizer Market Future Outlook

Related Reports:     

Philippines Organic Fertilizers Market Size- By Crop Type, By Source, By Form, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

UAE Agrochemical Market Size- By Type, By Crop Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Sara Lopes, Business Consultant – U.S.A.

SPER Market Research

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