San Francisco, CA -- (SBWIRE) -- 08/16/2019 -- Organic Plant Strengtheners Market: Snapshot
The demand within the global market for organic plant strengtheners has been rising alongside advancements in the field of horticulture. Several commercially-important plants need to be nourished in order to retain their aesthetic value. This factor has played a key role in the growth of the global organic plant strengtheners market. Furthermore, organic farming and horticulture is the new buzz word across the world, and multiple vendors have resorted to it. This factor shall also play a crucial role in the growth of the global market for organic plant strengtheners. Several plants need to be given artificial dosage for strength, and hence, the demand for organic plant strengtheners is on a rise in recent times.
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The market forces of demand and supply operating in the global organic plant strengtheners market have played a key role in market growth. Several marketing theories including porter's five forces hold true for the global organic plant strengtheners market. Moreover, the use of organic plant strengtheners in gardening has also played a key role in market growth. Preserving botanical gardens and research centers is a key responsibility taken by municipal bodies. This factor has also aided the growth of the global organic plant strengtheners market in recent times.
The use of organic plant strengtheners in the agriculture sector has given an impetus to the market in Asia Pacific. The agriculture sector in India is an expansive industry that employs a large population of people. Other key segments pertaining to the global organic plant strengtheners market are North America, Europe, and the Middle East and Africa.
Organic Plant Strengtheners Market: Overview
Manufacturers and horticulture distributors have shown keen interest in the development and marketing of organic plant strengtheners. Organic plant strengtheners are products based on natural materials and substances from natural origin, i.e. from hormones to microbes, from fungal preparations to seaweed, and from fatty acids to algae due to their resilience enhancing capability. The flora and fauna around the world offers a wide range of products to protect crops and build plant strength. Organic plant strengtheners can be used in many ways. Here, plant-based defense protein, generally salicylic acid, a plant extract, are fused with the products to produce organic plant strengtheners. This protein blocks the growth of bacteria, viruses, and fungi, and results in optimum plant growth. Overall, the outlook for the organic plant strengtheners market is expected to be positive.
Organic Plant Strengtheners Market: Dynamics
Organic plant strengtheners help protect plants against bacteria, improve plant growth, fruit and flower production, and improve the germination of seeds. These are expected to drive the global organic plant strengtheners market during the forecast period. Organic plant strengtheners enhance the resistance of plants against non-parasitic impairments and harmful organisms. This factor is expected to drive the global organic plant strengtheners market during the forecast period. Organic plant strengtheners do not possess any side effects on the soil or other plants. Organic plant strengtheners are different from other plant protection products and fertilizers. These factors are expected to drive the global organic plant strengtheners market during the next decade. Unlike other plant protection products, organic plant strengtheners act only on the plant strength, without directly affecting pests and other inhibitors. The expected low-risk profile of most organic plant strengtheners and nature is expected to drive the growth of the global plant strengtheners market during the next decade. Various laws have been made for the use and marketing of organic plant strengtheners.
There is also some confusion regarding the use of organic plant strengtheners. For instance, in Italy, algae extract is considered as a fertilizer, and in Spain, it is used as a plant strengthener. These being used for multiple purposes is expected to drive the growth of the global organic plant strengtheners market over the forecast period. Lack of awareness among the farmers in some countries is expected to hamper the growth of the organic plant strengtheners market during the forecast period. Also, doubts regarding the legal aspects of plant strengtheners in some countries and the high cost of organic plant strengtheners are expected to hamper the growth of the global organic plant strengtheners market during the next decade. Overall, the organic plant strengtheners market is expected to be positive, which is attributed to the growing agricultural activities across the globe.
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Organic Plant Strengtheners Market: Segmentation
Globally, the organic plant strengtheners market has been segmented on the basis of composition, application, and end use industry.
On the basis of composition, the global organic plant strengtheners market has been segmented as:
Salicylic Acid Extract
Algae Extract
Amino Acid Extract
Others
On the basis of application, the global organic plant strengtheners market has been segmented as:
Flowering Plants
Fruits & Berries
Herbs
Vegetables
Others
On the basis of end use, the global organic plant strengtheners market has been segmented as:
Farms
Gardens
Nurseries
On the basis of region, the global organic plant strengtheners market has been segmented as:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Middle East & Africa
Japan
The growth of the organic plant strengtheners market is expected to be high in North America. This is attributed to the availability of large farmlands in the U.S. and Canada. The region is followed by Asia Pacific and Europe. In Asia Pacific, the growing agricultural activity is expected to drive the organic plant strengtheners market during the forecast period. The Latin America and MEA organic plant strengtheners market are also expected to witness average growth in the global organic plant strengtheners market during the forecast period.
Organic Plant Strengtheners Market: Key players
A few of the leading players operating in the global organic plant strengtheners market are:
Biofa AG
Agrochemicals & Biopesticides
Solufeed Ltd.
Protan AG
Anthesis Ltd.
Swiss Biocin Organics BC Corporation
Advanced Nutrients
Biofa AG
BioAtlantis Ltd.
Grupo Herogra