Biostimulants Market Analysis: Global Industry Share, Trends, & Forecast

biostimulants market report

CITY, Country, 2018-Jul-21 — /EPR Network/ —According to Goldstein Research, global biostimulants market is expected to reach USD 4.2 billion by 2024, growing at a CAGR of 11.0% over the forecast period 2016-2024. The increasing yield per hectare owing to rising population and continuous growing food demand is the major driving force for the growth of the global biostimulants market. Global biostimulants market segmentation has been carried out on the basis of active ingredients type and crop type. Based on the active ingredient, seaweed and plant extracts have gained significant traction in past few years owing to the ability to improve abiotic & biotic tension tolerance as well enhance the growth of roots and seeds.

Global biostimulants market is dominated by Europe and it is expected to continue its dominance over the forecast period. Europe biostimulants market is growing quickly at an annual growth rate of 10%. More than 3 million hectares of agricultural land is treated with biostimulants in Europe every year. Asia-Pacific biostimulants market valued at USD 0.68 billion in 2016 and is estimated to surpass USD 1.5 billion by 2024.

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Market Segmentation

On the basis of our in-depth analysis, Global Biostimulants Market can be segmented as follows:

By Active Ingredients

• Organic Acids
• Amino Acids
• Seaweed Extracts
• Plant Extracts
• Microbial

By Crop Type

• Row Crops & Cereals
• Fruits & vegetables
• Turf & Ornaments
• Other Crops

By Region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Biostimulants Industry Analysis” contains the detailed overview of the global biostimulants market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by active ingredients type and by crop type.

Further, for the in-depth analysis, Biostimulants Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such asValagroS.p.A, ArystaLifeScience, Agrinos, BASF, Biostadt, Isagro, Italpollina, Tradecorp International, Koppert B.V., etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global biostimulants market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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