UAE Pesticide Market to be dominated by Herbicides till 2027
Growing awareness among farmers towards intensive farming
techniques and high food demand is projected to propel the demand for UAE
Pesticide Market in the forecast period, 2023-2027.
According
to TechSci Research report, “UAE Pesticide Market By Region, Competition
Forecast & Opportunities, 2027”,
the UAE pesticide market is expected to witness steady growth in 2023-2027.
Pesticides represent chemicals utilized to control various pests related to
agriculture that can harm crops and livestock and minimize farm productivity.
Agricultural chemicals also referred to as agrochemicals, are chemical agents
such as fungicides, herbicides, and insecticides that helps to control
crop-harming organisms such as fungi, mites, insects, or viruses. Other
agricultural chemicals are agricultural agents such as rodenticides,
nematicides, bactericides, and others to prevent damage to the crop. The
increased demand for wheat, rice, and vegetables, that is the food items
required for daily intake in the UAE region, is expected to accelerate the
demand for crop-based pesticides. Crop protection chemicals offer economical
solutions to farmers to ensure food security and enhanced crop yields. The rise
in the use of pesticides is considered one of the factors contributing to the increased
crop yield and therefore, is expected to witness massive demand over the
forecast period.
However,
the presence of alternate techniques may hinder the growth of the UAE pesticide
market for the forecast period.
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The
UAE pesticide market is segmented into type, form, product type, crop type,
source, regional distribution, and competitive landscape.
Based
on type, the market is segmented into herbicides, insecticides, fungicides, and
others. The herbicide segment holds the largest market share on account of the
increased adoption by farmers to protect crops from weeds and other plants.
Herbicides provide high efficiency over manual weeding techniques. The launch
of novel herbicides, which are highly advanced and effective against negative
influencing factors, is expected to fuel the demand for herbicides. The
elevating area under GM crops in numerous regions escalates the usage of
herbicides in crop cultivation practices which is projected to boost the growth
of the UAE pesticide market.
Based
on crop type, the market is segmented into oilseeds & pulses, grains &
cereals, fruits & vegetables, and others. The grains & cereals are
expected to dominate the market in the forecast period owing to their high
demand among consumers to satisfy their nutritional requirements. Also, grains
and cereals are considered in the staple diet of the consumers, which is one of
the other major reasons for their high demand among the people.
Leading
market players operating in the UAE pesticide market are:
- Emirates Rawabi Est.
- Al Mubarak Agrochemicals
- Anglo Gulf Limited
- National Industrial Co. W.L.L.
- BASF UAE
- AGRI Ventures FZE
- Syngenta UAE
- Sherwood Middle East Pesticide Trading LLC
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“UAE has abundant oil & gas resources and is
majorly dependent on the oil & gas industry for income generation.
According to UAE Vision 2021, the government is trying to create new income
sources to reduce the burden from the oil & gas industry. The agriculture
sector is growing at a rapid pace to meet the food requirements of the growing
population. Also, UAE faces extreme climatic conditions, which can negatively
affect crop production and have limited availability of fertile land. The need
to find novel agriculture techniques and equipment to supplement the crop
production is expected to propel the growth of the UAE pesticide market till
2027” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm”.
“UAE Pesticide Market By
Type (Herbicides, Insecticides, Fungicides, Others), By Form (Liquid v/s Dry),
By Product Type (Chemical v/s Organic), By Crop Type (Oilseeds & Pulses,
Grains & Cereals, Fruits & Vegetables, Others), By Source (Domestic v/s
Import), By Region, Competition Forecast & Opportunities, 2027 has analyzed the future
growth potential of UAE pesticide market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and assist decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with significant drivers, challenges, and
opportunities in UAE pesticide market.
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