Market Size of middle east & africa micronutrient fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 262.99 Million |
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Market Size (2030) | USD 404.11 Million |
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Largest Share by Product | Zinc |
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CAGR (2024 - 2030) | 7.42 % |
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Largest Share by Country | Nigeria |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
MEA Micronutrient Fertilizer Market Analysis
The Middle East & Africa Micronutrient Fertilizer Market size is estimated at USD 262.99 million in 2024, and is expected to reach USD 404.11 million by 2030, growing at a CAGR of 7.42% during the forecast period (2024-2030).
- Largest Segment by Type - Zinc : Many Soils of Middle east and Africa are deficient to Zinc, and its application is proven to increase the crop yields and grain size, making it the most consumed micronutrient
- Fastest growing segment by Type - Iron : The alkaline soils with high pH and degrading health and quality of soils are making them deficient in Iron thus increasing the demand for high-yield crop production.
- Largest Segment by Crop Type - Field Crops : Cultivation of field crops accounts for more than 90% of the total agricultural land in the region and accounts for highest consumption of 87.6% of the micronutrient fertilizes.
- Largest segment by Country - Nigeria : Nigeria has large agricultural area in the region, it acccounts for about 35% of the total crop area in the region and has some of the largest fertilizer production units.
