Egypt & Tunisia Biopesticides Market is predicted to experience an exponential growth of USD 113.45 Million by 2024

Jul 25, 2019

Egypt & Tunisia Biopesticides, Biostimulants, and Biofertilizers Market size was valued at USD 66.61 million in 2017 and is expected to witness a growth of more than 5% from 2018 to 2024.

According to the Graphical Research new growth forecast report titled “Egypt & Tunisia Biofertilizers Market Size, By Product (Nitrogen-Fixing, Phosphate-Solubilizing, Potash-Mobilizing), By Application (Seed Treatment, Soil Treatment), By Crop (Cereals & Grains, Pulses & Oil Seeds, Fruits & Vegetables), By Form (Dry, Liquid), Biopesticides Market Size, By Product (Bioherbicide, Bioinsecticides, Biofugicides), By Application (Seed treatment, Foliar Spray, Soil Spray), By Crop (Seed Treatment, Soil Treatment), By Crop (Grain & Oil Seeds, Fruits & Vegetables), By Form (Dry, Liquid), By Source (Microbial, Biochemical), and Biostimulants Market Size, By Active Ingredients (Acid Based, Extract based) By Application (Foliar Treatment, Seed Treatment, Soil Treatment), By Crop (Row Crops, Turf & Ornaments, Fruit & Vegetables), By Form (Dry, Liquid) and Industry Analysis Report, 2018-2024”, estimated to exceed USD 313 million by 2024.

Increasing agricultural development is driving the industry growth in the region. Agriculture sector plays a crucial role in the economic development of Egypt & Tunisia. Employment in the region is largely driven by agriculture-based activities. These key factors have influenced the regional governments to improve the aid provided to the sector, positively influencing the bio inputs market.

The rising demand for organic food products particularly in exports has further encouraged the farmers to utilize bio inputs. Additionally, the salinity problems plaguing the region due to the hot climatic conditions, low precipitation and low-quality water has augmented the use of bio-inputs.

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Nitrogen-fixing biofertilizers accounted for the major share of the market in the region. Cost-effectiveness, easy availability and high nutritional content have encouraged farmers to increase their utilization of the product. Furthermore, biofertilizers that constitute azotobacter, blue-green algae, azospirilium, and rhizobium are exceptional in increasing the fertility of soil or land, which will drive the product demand.

Seed treatment dominates the overall market share for bio inputs in Egypt & Tunisia. Non-toxicity and high crop yield property are key factors bolstering its usage. The application disinfects the seeds from pathogens and improves seed performance. Furthermore, it enhances the nutritional uptake of crops and is highly effective in preventing pest attacks.

Fruits & vegetables held the largest share for biopesticides, biofertilizers and biostimulants usage in Egypt & Tunisia. Bio inputs when used on fruits & vegetables offer several benefits such as early growth, better shelf life, resistance against diseases and early growth. It also improves the quality of the produce by increasing sugar content and enhancing the size & color.

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Dry form dominates the overall market for biofertilizers, biopesticides and biostimulants. Ease in handling, transportation and cost-effectiveness are factors driving the utilization of dry form. They are used in direct applications, such as seed dressing formulations, dust, powder for seed dressing, water dispersible granules, micro granules, and dilution in water.

Prominent manufacturers and suppliers in Egypt & Tunisia Biofertilizers, biopesticides and biostimulants industry include Certis, Chema Industries, Corpfert Group, Cairochem, Valagro, Seipasa, Cizatec and Mahafeed Specialty Fertilizers Pvt. Ltd. Key players in the industry are focusing on collaborations, product expansion, acquisitions and improving their supply chain network to capture the market.

Segments we cover:

Egypt & Tunisia Biofertilizers, Biopesticides and Biostimulants Market By Product

Biofertilizers
Nitrogen-fixing
Phosphate-solubilizing
Potash-Mobilizing
Others

Biopesticides
Bioherbicides
Bioinsecticides
Biofungicides
Others

Biostimulants
Acid based
Extract based
Others

Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1188/egypt-and-tunisia-biopesticides-biostimulants-and-biofertilizers-market

Egypt & Tunisia Biofertilizers, Biopesticides and Biostimulants Market By Application

Biofertilizers
Seed treatment
Soil treatment
Others

Biopesticides
Seed treatment
Foliar spray
Soil spray
Biostimulants
Foliar treatment
Soil treatment
Seed treatment

Egypt & Tunisia Biofertilizers, Biopesticides and Biostimulants Market By Crop

Biofertilizers
Cereals & grains
Pulses & oilseeds
Fruits & vegetables
Others

Biopesticides
Grains & oilseeds
Fruits & vegetables
Others

Biostimulants
Row crops
Fruits & vegetables
Turfs & ornamentals
Others

Egypt & Tunisia Biofertilizers, Biopesticides and Biostimulants Market By Form

Biofertilizers
Dry
Liquid
Biopesticides
Dry
Liquid
Biostimulants
Dry
Liquid

Related Reports;

Greece Biofertilizer, Biopesticide, & Biostimulant Market size was worth more than USD 30 million in 2017 and is expected to witness a growth of more than 9.5% from 2018 to 2024. Read More Here : https://www.marketwatch.com/press-release/greece-biopesticides-market---set-to-explode-in-the-coming-years-2018-2024-2019-07-22

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Source URL: https://marketersmedia.com/egypt-tunisia-biopesticides-market-is-predicted-to-experience-an-exponential-growth-of-usd-11345-million-by-2024/88900916

Source: MarketersMedia

Release ID: 88900916

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