Biostimulants Market - Global Outlook and Forecast 2021-2028
Added: (Sun May 08 2022)
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According to Stratistics MRC, Biostimulants Market Value is expected to reach $8.06 billion by 2028 growing at a CAGR of 14.1% during the forecast period.
Biostimulant is an organic material which, when applied in small amounts, enhances plant growth and development such that the response cannot be attributed to the application of traditional plant nutrients. Biostimulants are a mixture of seaweed extracts, microorganisms, trace elements, enzymes, and plant hormones. They may increase antioxidants, increase water-holding capacity, nutrient availability, enhance metabolism, and increase chlorophyll production of the plants.
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By geography, Asia Pacific is projected to hold the largest market share, due to the agriculture industry in Asia, particularly in the Southeast Asian countries, has witnessed effective transformation due to various technological advancements. The rise in the adoption of quality agriculture products by Asian producers is also expected to contribute to the biostimulants market growth.
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Some of the key players profiled in the Biostimulants Market include Valagro SpA, Syngenta, Novozymes, Koppert B.V., Italpollina SpA, Isagro, Biostadt India Ltd., Biolchim SpA., Bayer, BASF SE, Agrinos AS, and Adama LTD.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2026, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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1) https://www.strategymrc.com/report/aquafeed-market
2) https://www.strategymrc.com/report/commercial-seed-market
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