Middle East and Africa Liquid Fertilizers Market is poised to reach $1.21 billion by 2021 – 138 pages report by Market Data Forecast
Middle East and Africa Liquid Fertilizers Market by Nutrient Type (Potassium, Micronutrients, Phosphate, Nitrogen), by Form, by Mode of Application, by Crop Type, and by Region- Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
(EMAILWIRE.COM, June 21, 2017 ) The 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.
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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.
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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.
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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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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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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Abhishek Shukla
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Market Data Forecast
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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.
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-liquid-fertilizers-market-1361/request-sample
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.
Avail Discount @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-liquid-fertilizers-market-1361/request-discount
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.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/middle-east-and-africa-liquid-fertilizers-market-1361
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).
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results