The escalating demand for food grain production and the expanding adoption of organic fertilizers are expected to boost the growth of the UAE Fertilizer Market in the forecast period, 2023-2027. According to TechSci Research report, “UAE Fertilizer Market By Region, Competition Forecast & Opportunities, 2027”, the UAE fertilizer market is expected to witness steady growth in 2023-2027.
The Important Factors in UAE Fertilizer Market
Fertilizer refers to the materials of synthetic or natural origin that are applied to plant tissues or to the soil to supply one or more nutrients to plants that are essential for their growth. It helps in higher crop production and enhances soil nutrient availability. The growing penetration of organic fertilizers has allowed farmers to use fertilizers more safely and efficiently which reduces the risk of exposure to harmful fertilizers. The two most common types of fertilizers available in the market are organic and inorganic variants. Organic fertilizers are manufactured with the help of carbon-based agricultural waste, livestock manure, industrial waste, and municipal sludge, and inorganic variants are manufactured utilizing numerous chemicals and secondary nutrients.
Also, numerous market players are extensively investing in research and development activities to create innovative solutions for crop production without any damage to the crop. Numerous initiatives and subsidies undertaken by government bodies to support fertilizer demand and supply and to ensure the seamless availability of raw materials are aiding society to recover from the chaotic situation. Inflating the use of fertilizers helps in enhancing crop yield. Which is a major factor to propel market growth.
However, a lack of awareness regarding the optimum usage of fertilizers and the growing uncertainties and significant policy focus on the environment may hinder the growth of the UAE fertilizer market for the forecast period.
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Based on origin, the market is segmented into organic, synthetic, and bio-fertilizer. The organic segment holds the largest market share on account of the expanding adoption by farmers to protect crops from weeds and other plants. Herbicides provide high efficiency over manual weeding techniques and are anticipated to propel the growth of the UAE fertilizer market. The launch of several herbicides having various features and the emergence of crops is increasing further stimulating market growth. The elevating area under GM crops in numerous regions escalates the usage of herbicides in crop cultivation which is projected to fuel the UAE fertilizer market.
Based on form, the market is segmented into liquid and solid. The solid segment is expected to grow at a significant rate during the forecast period, 2023-2027. The growing adoption of solid fertilizers in farming practices is due to their several applications in slow-release formulations as they get absorbed slowly by plants. Solid fertilizers are economical and can be easily stored as they do not “settle out” with time or in cold weather.
Based on the mode of application, the market is segmented into chemical and organic. Organic fertilizers are safer to use and are not concentrated as compared to inorganic fertilizers. Organic fertilizers are environmentally and ecologically safe & non-toxic.
Based on crop type, the market is segmented into oilseeds & pulses, grains & cereals, fruits & vegetables, and others. The cereal segment is expected to hold the largest share in the forecast period, 2023-2027. The growing adoption of crop products in the cereal industry and enhancing focus on food security propel market growth. The escalating demand for food on account of the growing population bolsters the market growth in the forecast period.
Leading market players operating in the UAE fertilizer market are:
- Emirates Bio Fertilizers Factory
- MAPCO Fertilizer Industries FZE,
- Abu Dhabi Fertilizer Industries Co. W.L.L
- RNZ International ZE
- Al Yamama Fertilizer Industries LLC (Yamfert)
- Al Naboodah
- Al Yahar Organic Fertilizers Factory
- National Industrial Co. L.L.C
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“The booming agriculture industry and the rising need to find methods to improve soil fertility and crop growth are primarily driving the UAE fertilizers market. In addition to this, the rise in the adoption of organic farming practices to promote sustainable development and to fulfill the demand and supply gap of food products supports the high market demand. The development of advanced farming techniques, along with the introduction of novel technologies, boosts the growth of the market. The use of bio-fertilizers and the increasing trade activities of crops and produce, especially with emerging economies, are expected to augment market growth in the forecast period. Furthermore, the implementation of favorable government policies to accelerate the utilization of nano-fertilizers for the maintenance of flat green grounds and fields is expected to propel the UAE fertilizer market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm”.
“UAE Fertilizer Market By Origin (Organic, Synthetic, Bio-fertilizer), By Form (Solid v/s Liquid), By Mode of Application (Foliar Spraying, Fertigation, Sowing, Broadcasting, Spraying, Drip Method, Others), By Crop Type (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Other), By Source (Domestic v/s Import), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future growth potential of UAE fertilizer market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and assist decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with significant drivers, challenges, and opportunities in the UAE fertilizer market.
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UAE Fertilizer Market 2017-2027: Emerging Opportunities | TechSci Research
The escalating demand for food grain production and the expanding adoption of organic fertilizers are expected to boost the growth of the UAE Fertilizer Market in the forecast period, 2023-2027. According to TechSci Research report, “UAE Fertilizer Market...
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