Growth in research and development activities is expected to drive the UAE Fertilizer Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “UAE Fertilizer Market – By Region, Competition, Forecast and Opportunities, 2018-2028F”, the UAE Fertilizer Market stood at USD374.62 million in 2022 and is anticipated to grow with a CAGR of 4.34% in the forecast period, 2023-2028. The initiatives taken by government based on fertilizer has led to favorable market conditions for the UAE Fertilizer Market. Several factors contribute to the growth of various fertilizer market products. Abu Dhabi’s oil giant ADNOC is taking a significant step towards reducing carbon emissions and embracing clean energy. As part of their efforts, ADNOC plans to install a 10-tonnes-per-day carbon capture unit at a nitrogen fertilizer plant. This innovative initiative, developed by UK-based Carbon Clean, will not only help curb greenhouse gas emissions but also contribute to the UAE’s commitment to sustainability.
In addition to their focus on emissions reduction, the UAE government has launched an inspiring initiative aimed at enhancing food security and reducing agricultural imports. Recognizing the importance of local food production, the government has implemented various measures to support and promote domestic agricultural practices. These efforts include incentivizing the use of fertilizers and other agricultural technologies to enhance productivity and sustainability in the region.
Controlled-release fertilizers have emerged as another significant area of innovation. By utilizing advanced encapsulation technologies, these fertilizers are designed to release nutrients slowly and gradually over an extended period of time. This controlled-release mechanism not only ensures a steady supply of nutrients to plants but also minimizes the risk of over-fertilization and potential environmental damage. This innovative approach to fertilizer application provides sustainable and efficient nutrient management solutions for modern agriculture. The nitrogenous fertilizers market is experiencing unprecedented growth, primarily due to increased research and development (R&D) activities in the field.
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Nitrogen, being a vital nutrient for plant growth, plays a crucial role in enhancing agricultural productivity. Recent advancements in nitrogenous fertilizer production techniques have led to the development of more efficient and environmentally friendly formulations. These technological breakthroughs are contributing to improved agricultural yields, promoting sustainable farming practices, and addressing the growing global demand for food.
The UAE Fertilizer Market is segmented in crop type, mode of application, regional distribution, and company. Based on its crop type, the grains & cereals segment held the largest share in the market. The growing adoption of organic farming practices is another significant factor contributing to the dominance of grains and cereals in the UAE fertilizer market. Organic fertilizers, derived from natural sources such as compost and animal manure, provide a holistic approach to nourishing crops.
By enhancing soil health and fertility, these organic fertilizers promote a balanced ecosystem that supports the growth of grains and cereals. This ultimately leads to improved crop yields, ensuring a sustainable and environmentally friendly approach to agriculture in the UAE. Based on region, Dubai segment is expected to grow during the forecast period.
The rising demand for food grain production in Dubai is another significant factor contributing to its dominance in the UAE fertilizer market. The city’s relentless efforts to achieve food security and reduce dependence on imports have led to a substantial increase in the cultivation of grains and cereals. This surge in agricultural activities necessitates a higher demand for fertilizers to ensure optimal crop growth and yield. By investing in advanced farming techniques, such as precision agriculture and controlled environment agriculture, Dubai is paving the way for sustainable food production and reinforcing its position as a leading player in the regional fertilizer industry.
Major companies operating in UAE Fertilizer Market are:
- MAPCO Fertilizer Industries FZE
- RNZ International FZE
- Al Yamama Fertilizer Industries LLC
- Al Yahar Organic Fertilizers Factory
- National Industrial Co. LLC
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“Growing application of fertilizer in various end user industries are key drivers of the fertilizer market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of fertilizer with every passing year are anticipated to register an impressive growth to UAE Fertilizer Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“UAE Fertilizer Market By Crop Type (Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Others), By Mode of Application (Foliar Spraying, Fertigation, Sowing, Drip Method, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of UAE Fertilizer Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Fertilizer Market.
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