Biostimulants market was valued at US$ 3.19 Bn. in 2021 and it is expected to reach US$ 8.20 Bn. by 2029 at CAGR of 12.5% during the forecast period.
Report Scope:
The report provides a comprehensive analysis of the biostimulants market from 2017 to 2029, with 2021 as the base year. It explores market trends, dynamics, and the impact of lockdown on demand and supply. Special attention is given to the year 2020, considering its influence on the market and the subsequent two years. The research methodology is detailed, offering insights into the industry’s past, present, and future.
Research Methodology:
The report utilizes a robust research methodology, incorporating data from 2017 to forecast trends until 2029. It analyzes the impact of lockdown on market dynamics and explores the competitive environment, emphasizing research and development initiatives and product line expansion.
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Dynamics:
Biostimulants, crucial in sustainable agriculture, are gaining prominence due to environmental concerns associated with chemical-based products. The report highlights the industry’s growth drivers, including increased global adoption, technological advancements, and responses to consumer demands for healthier and environmentally friendly agricultural practices.
Regional Insights:
The report provides regional insights, emphasizing the European biostimulants market. It outlines the correlation between biostimulants and increased yields, nutrient use efficiency, and resilience to abiotic stressors. Additionally, it delves into the investment in research and development by biostimulant manufacturers, shedding light on their commitment to innovation and addressing challenges in the industry.
Market Segmentation Analysis:
Active Ingredients: The report segments the market based on active ingredients, with amino acids leading in market share in 2021.
Application: The foliar segment is expected to dominate with an 81% market share by 2029, followed by soil treatment (12%) and seed treatment (8%).
Crop Type: Cereals and grains held the largest market share in 2021, with consistent growth expected.
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What is Biostimulants Market Segmentation?
by Active Ingredients
• Humic substances
• Humic acid
• Fulvic acid
• Seaweed extracts
• Microbial amendments
• Amino acids
• Other active ingredients (include vitamins, trace minerals, and polysaccharides)
by Crop Type
• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
• Turfs & ornamentals
• Others (forage and plantation crops)
Who are Biostimulants Market Key Players?
• BASF SE
• UPL
• Valagro S.p.A
• Gowan Group
• FMC Corporation
• ILSA S.p.A
• Rallis India Limited
• Haifa Group
• Eastman Chemical Company
• OMEX
• LALLEMAND Inc.
• Agrinos
• Brandt Consolidated, Inc
• Biolchim SPA
• Isagro
• Italpollina S.p.A.
• ADAMA Ltd
• KOPPERT BIOLOGICAL SYSTEMS
• Novozymes
• ACADIAN SEAPLANTS LIMITED
• ATLÁNTICA AGRICOLA
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Table of content for the Biostimulants Market includes:
- Global Biostimulants Market : Research Methodology
- Global Biostimulants Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Biostimulants Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Biostimulants Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Biostimulants Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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