Middle East & Africa Potassium Soap Insecticides Market Size & Outlook
Middle East & Africa potassium soap insecticides market, 2018-2030 (US$K)
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MEA potassium soap insecticides market highlights
- The MEA potassium soap insecticides market generated a revenue of USD 481.1 thousand in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, horticulture was the largest revenue generating application in 2022.
- Outdoor Gardening is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 481.1 thousand |
| Market revenue in 2030 | USD 882.2 thousand |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Horticulture |
| Fastest growing segment | Outdoor Gardening |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Horticulture, Indoor Gardening, Outdoor Gardening, Field Crops |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global potassium soap insecticides market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,656.8 thousand by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Potassium Soap Insecticides Market Scope
Potassium Soap Insecticides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa potassium soap insecticides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to potassium soap insecticides market will help companies and investors design strategic landscapes.
Horticulture was the largest segment with a revenue share of 79.21% in 2022. Horizon Databook has segmented the Middle East & Africa potassium soap insecticides market based on horticulture, indoor gardening, outdoor gardening, field crops covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a global shift toward more sustainable and eco-friendly agricultural practices. Potassium soap insecticides are considered safer for the environment compared to chemical pesticides.
This trend toward sustainability has driven the adoption of potassium soap insecticides in the region. For instance, the Gulf Cooperation Council (GCC) banned the use of 17 pesticides in the region.
The ban, which came into effect on January 1, 2023, was part of a broader effort by the GCC to protect human health and the environment.
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Target buyers of Middle East & Africa potassium soap insecticides market databook
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Our clientele includes a mix of potassium soap insecticides market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa potassium soap insecticides market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa potassium soap insecticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA potassium soap insecticides market outlook size, by country, 2018-2030 (US$K)
Middle East & Africa Potassium Soap Insecticides Market Outlook Share, 2022 & 2030 (US$K)
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