Middle East and Africa Turf and Ornamental Crop Protection Market size was valued at USD 306.1 million in 2021, growing at a high CAGR of 4.4% from 2022 to 2028 to reach USD 413.8 million by 2028. The demand for agrochemicals is increasing due to their potential applications. Rising awareness regarding organic chemicals results in the increasing use of biopesticides as they offer various advantages, such as helping reduce environmental pollution and soil contamination, increasing funding for biopesticides products to support sustainable farming, The region’s dry climate, along with the lack of natural irrigation, has pushed farmers to rely on crop protection chemicals to safeguard crops such as turf and ornamentals. Because the private sector’s investment in synthetic fertilizers has expanded recently, the country’s farmers primarily rely on synthetic insecticides. In 2021, Organic Pesticides will have a market revenue share of 17.8%, and from 2022 to 2028, it is predicted to increase at a CAGR of 4.7%. Biopesticides decompose easily in comparison to chemical pesticides. Bermuda Grass has a market share of 23.2% and is expected to increase at a CAGR of 4.1% in the future years. The synthetic origin segment has a market share of 14.5% and is expected to increase at a CAGR of 4.9% in the coming years. However, due to stringent regulations and environmental concerns regarding pesticides, the process of registering new pesticides in South Africa is lengthy, which causes a gap between the R&D activities, and the implementation, hampers the market in the MEA region.
In June 2018, Bayer AG acquired Monsanto, located in the United States. This acquisition has brought two strong businesses together, such as a biological crop protection portfolio from Bayer and seeds & traits from Monsanto.