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Agriculture in MENA - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The agriculture market in the MENA region is projected to record a CAGR of 5.7% during the forecast period 2022-2027. The COVID-19 pandemic led to increased consumption of healthy and nutritional diets that enhanced the consumption of cereals and fruits in the region. However, human movement restrictions due to the COVID-19 pandemic have resulted in farm labor shortages, especially for high-value crops. MENA is an acronym that refers to the countries in the Middle-East and North Africa. The Middle-East and North Africa region comprises 14 low and middle-income countries or territories stretching from Iran to Morocco. The region supports a population of 296 million people, over 120 million of whom live in rural areas. Of these, about 84 million are dependent on agriculture, including fishing and livestock.  Know more:https://bit.ly/3sef5Cc

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Acaricides Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) The acaricides market is estimated to register a CAGR of 5.0% during the forecast period (2022-2027). Post the COVID-19 global health emergency, nationwide shutdowns were imposed across the world, which resulted in supply chain disruptions worldwide. The global shutdowns with an increase in the number of cases, the shortage of labor, and closing down of facilities resulted in low production of agrochemicals, including acaricides.

Thus, the pandemic has indirectly impacted acaricide supplies on a global level. Therefore, the market is expected to observe a moderate impact of COVID-19 in 2021.Over the long term, the growing food demand with expanding population, decreasing arable land, increasing demand for natural products, and increasing demand for sustainable agricultural practices are some of the major drivers for the increasing demand for acaricides. It has been estimated that the yield losses due to attacks by mites could be as high as 13.8% in many crops.

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