Egypt Pesticides market is
expected to grow impressively through 2028 due to the increasing
demand for food products. Revenue in the food segment is projected to
reach USD 253.30m in 2023.
Pesticides are chemicals or
biological agents that are used to kill or control pests such as insects, weeds,
rodents, and fungi that can harm crops, animals, and humans. Pesticides are
widely used in agriculture to increase crop yields, protect food and fiber, and
reduce losses caused by pests. However, they also have potential risks to human
health and the environment. Pesticides play an important role in agriculture
by protecting crops from pests, but they also pose risks to human health and
the environment. It is important to use pesticides safely and responsibly and
to explore alternatives to pesticide use, such as integrated pest management
and organic farming, to reduce these risks. Pesticides are regulated by
government agencies, including the Environmental Protection Agency (EPA) in the
United States. These agencies evaluate the risks and benefits of pesticides and
determine which ones are safe for use. In many countries, pesticides are
required to be registered and labeled for use. Labels provide information on
the proper use, handling, and disposal of pesticides.
Egypt pesticides market is a
significant part of the country's agriculture industry. Egypt is one of the
largest producers of agricultural products in Africa, and pesticides are
essential tools for protecting crops and increasing yields. The
growth of the pesticides market in Egypt is driven by several factors,
including the increasing demand for food, the need for higher crop yields, and
the government's support for the agriculture sector. However, the market is
also facing challenges, such as environmental concerns, health risks associated
with pesticide use, and the rising popularity of organic farming. Developing
new, safer, and more effective pesticides can help address some of the
environmental and health concerns associated with pesticide use. Egyptian
government has implemented several policies to support the agriculture sector,
including subsidies for inputs and investments in infrastructure. Egypt
is well-positioned to serve as a hub for the distribution of pesticides to
other African countries.
Egyptian pesticides market is
an important part of the country's agriculture industry, with significant
growth potential. The market is highly competitive, with many local and
international players operating in the market. However, the market is also
facing challenges, such as environmental and health concerns associated with
pesticide use. To capitalize on the growth opportunities in the market, players
must focus on research and development, sustainable agriculture practices, and
expand into other African markets.
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Increasing Demand for
Food Products are Driving Market Growth
With a growing population and
limited arable land, Egypt faces significant challenges in meeting the food
needs of its citizens. Pesticides play a critical role in protecting crops from
pests and diseases, allowing farmers to increase yields and meet the growing
demand for food. In addition to the increasing demand for food, the need for
higher crop yields is another driver of the Egyptian pesticides market.
Pesticides help farmers to control weeds, pests, and diseases, which can
significantly reduce crop yields. By using pesticides, farmers can protect
their crops and maximize yields, improving their economic well-being.
The Egyptian government has
implemented several policies to support the agriculture sector, which is
another driver of the pesticides market. The government provides subsidies for
inputs, such as pesticides and fertilizers, to help farmers manage their costs.
The government has also invested in infrastructure, such as irrigation systems
and storage facilities, to improve the productivity of the agriculture sector.
Technological Advancement
in the Industry is Driving Market Growth
Technological advancements in the
pesticides industry are driving growth in the Egyptian pesticides market. New
products, such as biopesticides, which are derived from natural materials, are
gaining popularity due to their lower environmental impact and perceived health
benefits. In addition, digital technologies, such as precision agriculture and
drones, are improving the efficiency and effectiveness of pesticide
application, reducing waste and increasing yields.
Egypt is well-positioned to serve as a
hub for the distribution of pesticides to other African countries, which is
another driver of growth in the market. As the demand for food and agricultural
inputs increases across the continent, the Egyptian pesticides market can
leverage its existing infrastructure and expertise to expand into other African
markets, increasing its revenue and market share.
There is growing demand for sustainable
agriculture practices, such as integrated pest management (IPM) and organic
farming, which is driving growth in the Egyptian pesticides market. IPM is a
holistic approach to pest management that combines various methods, including
pesticides, to reduce the impact on the environment and human health. Organic
farming, which prohibits the use of synthetic pesticides, is gaining popularity
among consumers who value environmental sustainability and health benefits.
Major Challenges Faced by Pesticides
Market
The regulatory environment in
Egypt can be challenging for pesticide manufacturers and importers. The
Ministry of Agriculture is responsible for regulating the registration and
approval of pesticides, which can be a time-consuming and complicated process.
In addition, the government has imposed restrictions on the use of some pesticides,
which can limit the range of products available to farmers.
Another challenge facing the
Egyptian pesticide market is the limited awareness of the benefits of
pesticides among farmers. Many small-scale farmers are not aware of the importance
of using pesticides to protect their crops from pests and diseases, which can
lead to lower yields and economic losses. The lack of awareness can also lead
to the misuse of pesticides, which can have adverse environmental and health
impacts.
Egypt is heavily dependent on
imports for pesticides, which can be costly and subject to supply chain
disruptions. The high cost of importing pesticides can limit access for
small-scale farmers, who may not be able to afford the products. In addition,
supply chain disruptions, such as those caused by the COVID-19 pandemic, can
lead to shortages and price increases.
There is growing concern
among consumers and regulators about the environmental impact of pesticides.
Pesticides can have adverse effects on soil, water, and wildlife, and their use
can contribute to the development of pesticide-resistant pests. As a result,
there is increasing pressure on the industry to develop and promote sustainable
agriculture practices that reduce the reliance on synthetic pesticides.
Recent Trends and Developments
- In 2020, the
Egyptian government introduced new regulations governing the registration and
approval of pesticides. The regulations aim to streamline the registration
process, reduce the time required for approvals, and improve the quality of
pesticides available in the market. The regulations also place greater emphasis
on sustainable agriculture practices, including the use of biopesticides and
organic farming methods.
- In recent years,
there has been a growing interest in biopesticides in Egypt. Biopesticides are
derived from natural materials and are considered more environment-friendly
than traditional pesticides. The use of biopesticides has been encouraged by
the Egyptian government, which has introduced subsidies for farmers who adopt
sustainable agriculture practices. In addition, several companies have entered
the market offering biopesticides, reflecting growing demand for these
products.
- Several companies
in the Egyptian pesticides market have invested in research and development to
develop new and innovative products. For example, Adama Agricultural Solutions,
a leading player in the market, has invested in a new research and development
facility in Egypt. The facility aims to develop new formulations and active ingredients
for pesticides that are tailored to the needs of Egyptian farmers.
- There has been a
growing awareness among consumers and farmers of the need for sustainable
agriculture practices in Egypt. This has led to an increase in demand for
organic and sustainably produced food products, which has created opportunities
for companies producing biopesticides and other sustainable agriculture inputs.
In addition, the government has introduced subsidies for farmers who adopt sustainable
agriculture practices, further encouraging the adoption of these practices.
Market Segmentation
Egypt Pesticides market has
been segmented based on type, form, product type, crop
type, source and region. Based
on type, the market is further split into herbicides, insecticides, fungicides, and others. Based on form,
the market is bifurcated into dry and liquid. Based on product type, the market
is further bifurcated into chemical and organic. Based on crop type, the market
is segmented into oilseeds & pulses, grains & cereals, fruits &
vegetables, and others. Based on source, the market is further bifurcated into domestic
vs import. Based on region, the market is further divided into Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt.
Market Players
ADAMA
Agricultural Solutions Egypt, El-Nasr
Company for Intermediate Chemicals (NCIC), Agro Trade Egypt, Chemipharm,
Chemtura Egypt , Cleopatra Agrochemicals, Delta Chemicals, Global Chemicals
Industries, Hay El Maadi Chemical Industries (HOMCI), and Master Chemicals are some of the key
players in the Egypt Pesticides market.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated
Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative
Units
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Revenue
in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
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Report
coverage
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Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
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Segments
covered
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Type
Form
Product type
Crop type
Source
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Regional
scope
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Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt
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Key companies
profiled
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ADAMA Agricultural Solutions Egypt, El-Nasr Company for Intermediate Chemicals
(NCIC), Agro Trade Egypt, Chemipharm, Chemtura Egypt , Cleopatra
Agrochemicals, Delta Chemicals, Global Chemicals Industries, Hay El Maadi
Chemical Industries (HOMCI), Master Chemicals
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Customization
scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and
purchase options
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Avail
customized purchase options to meet your exact research needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable version
of the report in PPT/Word format on special request)
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Report Scope:
In this report, Egypt Pesticides market has been segmented
into the following categories, in addition to the industry trends, which have
also been detailed below:
Egypt Pesticides Market, By Type:
- Herbicides
- Insecticides
- Fungicides
- Others
Egypt Pesticides Market, By Form:
Egypt Pesticides Market, By Product Type:
Egypt Pesticides Market, By Crop Type:
- Oilseeds and Pulses
- Grains & Cereals
- Fruits & Vegetables
- Others
Egypt Pesticides Market, By Source:
Egypt Pesticides Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive landscape
Company Profiles: Detailed analysis of the major companies present
in Egypt Pesticides market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company Information
- Detailed analysis
and profiling of additional market players (up to five).
Egypt Pesticides Market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]