Africa Fertilizer Market (2020-2026) | Analysis, Trends, Industry, COVID-19 IMPACT, Outlook, Growth, Size, Revenue, Forecast, Value, Share & Companies

Africa fertilizer market is expected to witness growth over the forecast period. Africa’s agriculture transformation is the key to ensure food security and the end of hunger and malnutrition to the continent and is a key strategic pillar of African Union’s Agenda 2063, the economic growth blueprint for the area. Additionally, the objective of Africa Fertilizer Map 2020 is to increase awareness on the appropriate use of fertilizers and their potential to increase farm productivity and transform agriculture. There are numerous challenges that Africa is going through along with aims it should meet to achieve its full potential growth, including closing a fertilizer consumption gap in different countries; to meet these objectives, Africa requires to follow agronomic recommendations and private and public sectors require to partner to transform the fertilizer value chain. Moreover, the outbreak of COVID-19 pandemic has impacted various industries along with this market due to disruption in production and supply.

According to 6Wresearch, Africa Fertilizer Market size is anticipated to register significant growth during 2020-2026. Oilseed meals have become a primary source of protein for feeds. Numerous oilseed meals are available in the market including canola meal, soybean meal, sunflower meal, rapeseed meal, and peanut meal. Because of availability, soybean meal is the major plant-based protein source used in feed formulations. Under the National Oil Processor Association (NOPA) of the United States, soybean meal is categorized into two different terms based on the inclusion of hulls during crushing. When soybean hulls are not included in the meal, it is called dulled soybean meal; otherwise, it is called non-dulled soybean meal. Pulses use soil bacteria to magnet nitrogen from the air.

Based on types, the fertilizer market is categorized into Straight Fertilizers and Complex Fertilizers. The region continues to offer the greatest growth opportunities to fertilizer consumption but faces challenges such as an uncertain policy environment, limited access to finance and infrastructural constraints that hamper its potential. Opportunities for fertilizer market growth in Africa are expected to be materialized if certain aspects like improved regional trade cooperation, augmented private sector involvement and better infrastructure and transportation arrangements are successfully combined to propel the growth of the fertilizer market in the region. Yara International ASA, Haifa Group, Omnia Holdings Limited and Haifa Group are some of the key players who have their presence in the market.

Africa Fertilizer market report thoroughly covers the market by type, crop type and countries including Algeria, Kenya, Morocco, Tunisia, South Africa, Nigeria and the rest of Africa. Africa Fertilizer Market outlook report provides an unbiased and detailed analysis of the on-going Africa Fertilizer Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa Fertilizer Market is projected to gain momentum in the upcoming six years backed by increased optimistic growth of the agriculture sector. As more than half of the population has been indulged in the agriculture sector which is the main source of income, thereby the growing agricultural activities across the region are estimated to leave a positive impact on the fertilizers market growth. Further, the fruits & vegetable segment is estimated to accumulate humongous revenues owing to the rise in the export practices of fruits like citrus, table grapes and pineapple along with the increased domestic consumption is leading to boost the growth of the Africa fertilizer market in the coming timeframe.

Key Highlights of The Reports

• Africa Fertilizer Market Outlook
• Africa Fertilizer Market Overview
• Africa Fertilizer Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Africa Fertilizer Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Crop Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Regions
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Africa Fertilizer Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kenya Fertilizer Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Nigeria Fertilizer Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Ghana Fertilizer Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Africa Fertilizer Market
• Market Drivers and Restraints
• Africa Fertilizer Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Africa Fertilizer Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Type:
• Complex Fertilizer
• Straight Fertilizer
• By Crop Type:
• Commercial Crops
• Fruits and Vegetables
• Cereals and Grains
• Pulses and Oilseeds
• Others 
• By Regions:
• South Africa
• Kenya
• Nigeria
• Ghana
• Rest of Africa

Frequently Asked Questions About the Market Study (FAQs):