Africa's Agrochemical Market Projected to Reach $14.6 Billion by 2030
Africa's agrochemical market is expected to grow from $11.7 billion in 2025 to $14.6 billion by 2030, driven by rising food demand, population growth, and climate pressures. Fertilizers dominate the market, accounting for over 50% of the share, as soils across sub-Saharan Africa require replenishment. Countries like Nigeria and Morocco are leading the market, with Nigeria being the largest due to private sector growth and industrial fertilizer production. Meanwhile, Kenya, Tanzania, and Ghana are developing digital agricultural systems to enhance accessibility, and Egypt and Algeria are testing green ammonia production for sustainable fertilizers.