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Middle East and Africa Liquid Fertilizers Market

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Middle East And Africa Liquid Fertilizers Market By Nutrient Type (Potassium, Micronutrients, Phosphate, Nitrogen), By Form (Organic, Synthetic), By Mode Of Application (Soil, Fertigation, Foliar, And Others)
Middle East and Africa Liquid Fertilizers Market Insights, Opportunity Analysis, Market Shares and
Forecast, 2017 - 2023
Middle East and Africa Liquid Fertilizers Market was worth $1.03 billion in 2016 and estimated to be
growing at a CAGR of 3.16%, to reach $1.21 billion by 2021.The reduction in soil quality has thrusted the
use of liquid fertilizers that assists farmers to boost their crop return by three to four times.
Moreover, there is also an increase in the demand for the proper utilization of fertilizers as the
depletion of soil quality is leading to micronutrient deficit in the crops worldwide. This deficiency of
micronutrients in the soil has driven the practice of employing liquid fertilizers.
The growth of the Middle East and Africa Liquid Fertilizers market is majorly driven by factors such as
rising demand for high efficiency fertilizers, easy accessibility, and implementation of precision farming.
However, factors such as limitations in the supply chain, growing apprehensions over health and
environmental degradation, and the high costs involved in handling and storage are restraining the
growth of the market in this region.
Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-
reports/middle-east-and-africa-liquid-fertilizers-market-1361/
The Middle East and Africa Liquid Fertilizers market is segmented based on Nutrient Type, Form, Mode
of Application, and Crop Type. The market for Liquid Fertilizers, on the basis of Nutrient Type, is
classified into Potassium, Micronutrients, Phosphate, and Nitrogen. The Nitrogen segment is the largest
segment, by Nutrient Type, whereas the micronutrients segment is anticipated to grow at the highest
CAGR during the forecast period. On the basis of Form, the Liquid Fertilizers market is segmented into
Organic and Synthetic. Under this segment, the organic liquid fertilizers are projected to grow at a faster
speed than the synthetic fertilizers. On the basis of Mode of Application, the Liquid Fertilizers market is
segmented into Soil, Fertigation, Foliar, and Others. The foliar application of liquid fertilizers is the most
frequently used technique as it aids in counterbalancing soil conditions and augmenting plant growth.
On the basis of Crop Type, the Liquid Fertilizers market is segmented into Oil seeds, Fruits & Vegetables,
Grains & Cereals, and Others. By Crop type, Grains and cereals lead the market for Liquid Fertilizers,
whereas the fruits & vegetables segment is anticipated to grow at the highest CAGR during the forecast
period.
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east-and-africa-liquid-fertilizers-market-1361/request-sample
The market has been geographically segmented into Middle East and Africa. The fertilizer market in this
region is developed considerably with a number of big companies. Among the leaders of the market are
countries such as South Africa, Saudi Arabia, Israel, United Arab Emirates, Egypt, and Nigeria. Local
companies have implemented several strategies to expand their presence and boost their market
shares.
The market is categorized by the existence of diversified international and national companies, where
the global retailers lead the market and are predicted to grow exponentially by securing regional or local
players. These retailers pose a tough test for the small vendors in terms of price, accessibility, and
variability. The major companies dominating the Liquid Fertilizers market in this region are Haifa
Chemicals Ltd., Kugler Company, Yara International ASA, Israel Chemicals Ltd, Agrium Inc., and Sociedad
Quimica Y Minera SA (SQM).
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The evaluation of the current market for your product or services and the future implications of
the market
Addresses the opportunities by better understanding the market through size estimates and
growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by
splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim
of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive
environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the
industry is analyzed through PESTLE analysis to better understand the aspects of strategic
management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to
their product portfolio, financial performance and the strengths of their business strategic
developments
Comparative study of the firms across the industry measuring their performances based on
market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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Bhargav
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