UAE Agrochemicals Market Size & Outlook, 2023-2030
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UAE agrochemicals market highlights
- The UAE agrochemicals market generated a revenue of USD 761.1 million in 2023 and is expected to reach USD 1,023.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, crop protection chemicals was the largest revenue generating product in 2023.
- Crop Protection Chemicals is the most lucrative product segment registering the fastest growth during the forecast period.
Agrochemicals market data book summary
| Market revenue in 2023 | USD 761.1 million |
| Market revenue in 2030 | USD 1,023.6 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Crop protection chemicals |
| Fastest growing segment | Crop Protection Chemicals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fertilizers, Crop Protection Chemicals, Plant Growth Regulators, Other Products |
| Key market players worldwide | Clariant AG, Basf SE, Huntsman Corp, Bayer AG, Dow Inc, Solvay SA, Nufarm Ltd, Evonik Industries AG, Croda International PLC, Helena Laboratories, Ashland Inc, FMC Corp, ADAMA Agricultural Solutions, Stepan Co |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% of the global agrochemicals market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa agrochemicals market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,757.9 million by 2030.
Crop protection chemicals was the largest segment with a revenue share of 68.97% in 2023. Horizon Databook has segmented the UAE agrochemicals market based on fertilizers, crop protection chemicals, plant growth regulators, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The growing population in the country is increasing the demand for food which in turn expected to enhance the crop cultivation in the country. According to International Monetary Fund (IMF), the population growth rate in the UAE exceeded 3.5% in the recent years. The UAE is one of the prominent markets in the world, it is mostly known for tourism and business hub.
The growing number of expats in the country is increasing the food demand which is expected to enhance the agriculture sector in the country. The country’s majority of the land is covered with dessert and residential and commercial areas.
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Agrochemicals Market Scope
Agrochemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ADAMA Agricultural Solutions | View profile | 1001-5000 | Tel Aviv, Tel Aviv, Israel, Asia | http://www.adama.com/en |
| Stepan Co | View profile | 2453 | 1101 Skokie Boulevard, Suite 500, Northbrook, IL, United States, 60062 | https://www.stepan.com |
| Helena Laboratories | View profile | 501-1000 | Beaumont, Texas, United States, North America | https://www.helena.com/ |
| Nufarm Ltd | View profile | 3059 | 103-105 Pipe Road, Laverton North, Melbourne, VIC, Australia, 3026 | https://www.nufarm.com |
| Croda International PLC | View profile | 5852 | Cowick Hall, Snaith, Goole, East Yorkshire, United Kingdom, DN14 9AA | https://www.croda.com |
| Clariant AG | View profile | 10481 | Rothausstrasse 61, Muttenz, Switzerland, 4132 | http://www.clariant.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| FMC Corp | View profile | 6600 | 2929 Walnut Street, Philadelphia, PA, United States, 19104 | https://www.fmc.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
UAE agrochemicals market size, by product, 2018-2030 (US$M)
UAE Agrochemicals Market Outlook Share, 2023 & 2030 (US$M)
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