Arab & Middle East News
(ARABNEWSWIRE.COM, October 12, 2017 ) According to the report “Middle East and Africa Agricultural Biologicals Testing Market by Product Type (Biofertilizers, Bio stimulants, Bio pesticides), Application (Analytical, Regulatory, Field Support), End User (Biological Product Manufacturers, Government Agencies, Other End users), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Middle East and Africa Agricultural Biologicals Testing market is estimated to reach USD 0.11 billion by 2021 from a market value of USD 0.07 billion in 2016 at a CAGR of 9.14 %. The Agricultural Biologicals Testing market is showcasing significant potential over the mentioned forecast period.
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Agricultural biologicals are typically topical or seed treatment products produced using or containing natural materials, which can complement or replace Agricultural chemical products. They shield crops from pest, weeds and sicknesses and keep crops Healthy. Biological Testing means to find efficacy, toxicity, stability and concentrations of natural materials before letting them into the field.
Some of the factors like high production of organic crops, use of stringent regulation policies in agriculture, and increased expenditure on R&D by biological product manufacturers are primarily driving the growth of the market.
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The Middle East & Africa Agricultural Biologicals Testing market is segmented based on product type, application and end user. The market is segmented on the basis of product type under Biofertilizers, Bio stimulants, Bio pesticides. On the basis of application, the market is divided into Analytical, Regulatory and Field Support. Based on end user, market is categorized into Biological Product Manufacturers, Government Agencies and Other End users.
The Biopesticides dominated the market share because of the shift in use towards these products from hazardous agrochemicals. On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa.
The major companies showing interest in the market lately include RJ Hill Laboratories Ltd., Eurofins Scientific SE, SynTech Research, SGS S.A., Biotechnologies BT, Staphyt SA, Anadiag Group, I2L Research, Apal Agricultural Laboratory, Laus GmbH, and Bionema Limited.
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