The Global Biostimulants Market Report by The Business Research Company covers biostimulants market drivers and restraints, biostimulants market size, major players, and the impact of COVID-19 on the bio stimulants market.
The biostimulants market consists of the sale of biostimulants and related services. Biostimulants are substances or microorganisms which enhance the plant growth when applied in small amounts by increasing the nutrient absorbency rate of the plants without any adverse effect on the plants. It helps the plant to tolerate abiotic stress and also increases crop productivity.
The growth of sustainable agriculture is expected to drive the growth of the biostimulant market. The global biostimulants market is expected grow from $2.36 billion in 2020 to $2.88 billion in 2021 at a compound annual growth rate (CAGR) of 22%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.82 billion in 2025 at a CAGR of 14%.
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Some biostimulants market trends include coming up with innovative products to meet the demand and requirement of the customers and have an edge over the competitors. Mainly, start-ups are entering the market with new products.
Global biostimulants market segments include:
1) By Chemical Origin: Natural, Biosynthetic Biostimulants.
2) By Active Ingredient: Humic Acid, Fulvic Acid, Amino Acids, Protein Hydrolysates, Seaweed Extracts, Others.
3) By Application: Foliar, Soil, Seed, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Biostimulants Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides biostimulants market overviews, analyzes and forecasts market size, share, biostimulants market players, biostimulants market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The biostimulants identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Biostimulants Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: BASF, Bayer CropScience, Novozymes A/S, Koppert Biological Systems, Verdesian Life Sciences, Lallemand Plant Care, Valagro, Syngenta, Novozymes A/S, Valagro SpA, Isagro S.p.A., Agrinos, Biolchim SPA.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Biostimulants Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Biostimulants Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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