Biostimulants market Report Scope and Research Methodology :
Our report is based on rigorous research methodology, incorporating data from the year 2021 as the baseline. We examine the effects of lockdowns on market demand and supply and conduct a strategic analysis of companies that thrived during this period. Additionally, we provide insights into research and development initiatives and their influence on the competitive landscape through 2025.
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Biostimulants market Dynamics:
Biostimulants, derived from natural sources, play a vital role in enhancing agricultural sustainability. As concerns grow over environmental hazards and soil pollution due to excessive chemical use in agriculture, biostimulants offer an eco-friendly and effective alternative. The market is driven by increased demand for organic food, awareness of organic farming, and government support for biostimulants. However, challenges such as regulatory gaps and limited availability in low- and middle-income countries hinder growth. Despite these challenges, several factors contribute to the market’s expansion:
Biostimulants market Regional Insights:
The European Biostimulants market has seen significant growth, with biostimulants aiding nutrient use efficiency, reducing environmental impacts, and improving crop resilience. Biostimulant manufacturers in Europe allocate 3-10% of their annual turnover to research and development, indicating a high level of innovation in the sector. Collaborations with research agencies worldwide, including Australia, Brazil, Canada, Chile, Ghana, Mexico, New Zealand, Turkey, and the United States, highlight the global reach of European biostimulant companies. For instance, in March 2020, BASF entered into an agreement to streamline its agricultural research with drone-based field studies using the delair.ai cloud platform.
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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)
by Application
• Foliar
• Soil Treatment
• Seed treatment
by Form
• Liquid
• Dry
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
• Biostadt India Limited
• Trade Corporation International
• AGROENZYMAS
• MICROMIX
• Syngenta
• Bayer AG
• Others
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Table of content for the Biostimulants market includes:
Key Offerings:
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