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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