GCC Biofertilizers Market Outlook

gcc biofertilizers are produced from natural or renewable sources with the goal of enhancing the fertility of soil and consequently boosting crop production. they contain various beneficial microorganisms such as mycorrhizal fungi, beneficial bacteria and other microflora. gcc biofertilizers are gaining wider attention owing to their cost-effectiveness, safer environmental and health effects, accelerated decomposition rate and improved nutrient cycling. increased demand for organic food in the gcc region has been driving the market for biofertilizers. gcc governments are supporting organic farming initiatives that is resulting in larger demand for bio-based products. awareness about the importance of sustainable and organic farming among the population is expected to further stimulate growth of the gcc biofertilizers market. improved product performance enabled by the advances in molecular and genetic technologies has led to an uptake of sustainable production systems. companies are introducing customized and focussed blend of fertilizers for specific crops and for specific soil types. furthermore, technological advancements in the field of biofertilizers have helped to increase their efficiency, thus leading to greater acceptance and demand among farmers in the region. government initiatives aimed at encouraging the use of biofertilizers products is propelling the market growth. for instance, india has imposed a tax on the use of chemical fertilizers to discourage their usage. the uae is also focusing on sustainable agriculture and has launched several initiatives such as the uae bio-fertilizers recycling scheme and the green development program to promote the usage of organic fertilizers. such measures are expected to benefit the growth of the biofertilizers market in the region. major manufactures are now actively investing in r&d to improve the quality and efficiency of their products. companies are also trying to tap potential export opportunities by focusing on countries with stringent environmental regulations. with the continual emergence of new technologies in this sector, the market for gcc biofertilizers is expected to experience a healthy rise over the forecast period (2018 to 2032).