Market Size of middle east & africa specialty fertilizer Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 4.54 Billion |
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Market Size (2030) | USD 6.63 Billion |
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Largest Share by Speciality Type | Liquid Fertilizer |
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CAGR (2024 - 2030) | 6.51 % |
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Largest Share by Country | South Africa |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
MEA Specialty Fertilizer Market Analysis
The Middle East & Africa Specialty Fertilizer Market size is estimated at USD 4.54 billion in 2024, and is expected to reach USD 6.63 billion by 2030, growing at a CAGR of 6.51% during the forecast period (2024-2030).
- Largest segment by Speciality Type - Liquid Fertilizer : The demand for liquid fertilizer in Middle East and Africa region keeps up, as the soils in the region are dry and liquid fertilizers ensure easy absorbtion by the plants
- Fastest growing by Speciality Type - Water Soluble : The watersoluble fertilizer absorption rate is more than double compared to conventional fertilizers reaching an efficiency of about 80-90% and reducing total fertilizer use.
- Largest Segment by Crop Type - Horticultural Crops : Specialty fertilizers in the region are mostly applied through fertigation in horticultural crops, this is because fertigation reduces cost and fertilizer use by 20-30%.
- Largest segment by Country - South Africa : Though arable land in the South Africa remained unchanged during the study period, nutrient consumption increased by 16.5% for N, 5.9% for P, and 56% for K, which denoted the increased fertilizer consumption in the country.
