City of Industry, CA -- (SBWire) -- 08/29/2018 --This report studies the global market size of Biostimulant in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Biostimulant in these regions.
This research report categorizes the global Biostimulant market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Biostimulants are biologically produced fertilizers that are used to stimulate plant development and productivity, in addition to the nourishment of agrarian products. A biostimulant boosts plant development and growth throughout the crop life cycle, i.e., from seed germination to plant maturity. These fertilizers further help in facilitating nutrient translocation, assimilation, and use; and enhance soil fertility mainly by stimulating the development of interdependent soil microorganisms.
Increase in focus to increase crop productivity and quality drives the surging demand for biostimulant products in the market. Another significant factor influencing the market growth is the introduction of sustainable agriculture to protect the environment from adverse effects, especially in Europe and North America. However low awareness about the advantages of biostimulants in agricultural activities among the farmers impedes the market growth.
In 2017, the global Biostimulant market size was 1870 million US$ and is forecast to 4740 million US in 2025, growing at a CAGR of 12.4% from 2018. The objectives of this study are to define, segment, and project the size of the Biostimulant market based on company, product type, application and key regions.
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The various contributors involved in the value chain of Biostimulant include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Biostimulant include
BASF SE
Biolchim S.p.A.
Isagro S.p.A.
Koppert B.V.
Biostadt India Limited
Italpollina S.p.A.
Novozymes A/S
Platform Specialty Product Corporation
Sapec Group
Valagro S.p.A.
Market Size Split by Type
Acid-based
Extract-based
Others
Market Size Split by Application
Row Crops & Cereals
Fruits & Vegetables
Turf & Ornamentals
Other Crops
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Biostimulant Market Is Expected to Reach 4740 Million USD by 2025 – QY Research
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.