The ‘Global Biostimulants Market Report,’ published by Reports and Data, offers a panoramic vision of the global Biostimulants market. The report presents accurate details on market size and revenue growth rate over the forecast period. It expounds on the current industry scenario and offers a detailed assessment of the latest and emerging market trends. The report contains key industry statistics presented in a tabular format to give readers an exclusive picture of the global Biostimulants market.
The latest industry analysis report offers in-depth information regarding the key segments and sub-segments of the global Biostimulants industry and emphasizes the current pandemic situation that has significantly disrupted the industry’s growth trend. Key dynamics impacting the market growth include drivers, restraints, opportunities, supply demand ratios, emerging market trends, technological innovations, and value chain analysis. The report further highlights some major challenges, imminent risks and threats, and stringent government policies and regulations that are expected to impede market growth during the forecast period. The report is aimed at enabling readers to gain deep insights into the global Biostimulants market and its core mechanism and capitalize on the favorable market growth prospects. It further offers a concise summary of the Biostimulants market’s intensely competitive landscape and lists down the leading players in the market. This section of the report also highlights the strategic initiatives undertaken by these players for long-term business growth. According to the report, the global Biostimulants market is projected to reach a whopping market size of USD 6.75 billion by 2028 from USD 2.89 in 2020, registering a robust 11.3% CAGR.
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Biostimulants Industry Overview
The global materials chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food beverage industries, buildings construction, automotive, packaging, and manufacturing industries. Other major factors driving the growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.
Biostimulants are additives for crops and plants that enhance their nutritive efficiency, crop quality, and yield. They also increase the stress tolerance of crops to extreme conditions such as floods, drought, or salinity. Extensive use of synthetic pesticides, scarcity of arable land, growing demand for high value-added crops, and increasing awareness about the environmental impact of chemical products are some significant factors enhancing growth of the biostimulants market.
Top Companies Profiled in the Report:
BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), Koppert Biological Systems (Netherlands), Acadian Seaplants (Canada), UPL (India), and Biolchim (Italy).
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Global Biostimulants Market Segmentation: Regional Outlook
- North America
- The U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Peru
- Mexico
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of Asia Pacific
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Middle East Africa
- Saudi Arabia
- South Africa
- U.A.E
- Rest of the Middle East Africa
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Based On Source: (Revenue, USD Billion, 2018 - 2028)
- Natural
- Synthetic
Based On Active Ingredient (Revenue, USD Billion, 2018 - 2028)
- Humic Substances
- Humic Acid
- Fulvic Acid
- Seaweed Extracts
- Microbial Amendments
- Amino Acids
- Others
- Vitamins
- Trace minerals
- Polysaccharides
Based On Crop Type (Revenue, USD Billion, 2018 - 2028)
- Cereals Grains
- Fruits Vegetables
- Turf Ornamentals
- Oilseeds Pulses
- Others
- Forage
- Plantation Crops
Based On Application Method: (Revenue, USD Billion, 2018 - 2028)
- Foliar Treatment
- Soil Treatment
- Seed Treatment
Based On Form: (Revenue, USD Billion, 2018 - 2028)
- Dry
- Liquid
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