Middle East & Africa Plant Growth Regulators Market Size (2024 - 2029)

Middle East & Africa Plant Growth Regulators Market Size Summary

The Middle East & Africa Plant Growth Regulators (PGRs) market is experiencing significant growth, driven by the increasing demand for fruits and vegetables in regions like Egypt, South Africa, and Turkey. The application of PGRs is becoming more prevalent in fruit crops such as apples, pears, and peaches, particularly in Turkey, while in Africa, they are extensively used for vegetables like potatoes, tomatoes, and onions. South Africa is anticipated to be the fastest-growing market within Africa, fueled by rising fruit consumption, particularly grapes and bananas, and the growing income of farmers. The country's expanding fruit cultivation further supports this growth trend, highlighting the critical role of PGRs in enhancing agricultural productivity.

Agriculture is a vital component of Africa's economic development, yet it remains underperforming relative to its potential. Despite a significant portion of the population relying on agriculture for their livelihoods, its contribution to GDP is relatively low. The region's vast uncultivated arable land and below-average crop yields present opportunities for PGRs to boost agricultural output. PGRs are particularly beneficial for field crops, with South Africa leading in their application for bananas to improve yields and alleviate plant stress. The demand for PGRs is also driven by the need to enhance post-harvest quality and increase productivity in major crops. Key industry players like Nufarm Ltd, Zagro, ADAMA, UPL, and Syngenta are expanding their presence in the region, investing in research and development to make PGR products more accessible and affordable, thereby driving market growth during the forecast period.