Biostimulants market products, Competitive Landscape, Future Trends and Forecast 2027
Various
factors are adding to the global market share. These factors, as per the new
MRFR report, include technological advances by key players, the need for
supporting crop growth owing to abiotic stress resulting from the change in
climatic conditions, and growing demand for high-value crops. Besides, growing
demand for agro-products that are eco-friendly, reduction in the accessibility
of arable land, and rising ecological concerns for surplus use of synthetic
pesticides are also adding market growth.
On
the contrary, lack of awareness and education among farmers regarding the usage
of biostimulants may impede the global Biostimulants market products growth over the forecast period.
Key
Players
Eminent
players profiled in the global Biostimulants market products report include FMC
Corporation (US), Acadian Seaplants Ltd. (India), Koppert Biological Systems
(Netherland), Biolchim SpA (Italy), Italpollina SpA (Italy), Bayer Ag
(Germany), Valagro SpA (Italy), Isagro SpA (Italy), BASF SE (Germany), Agrinos
AS (US), Arysta Lifescience Corporation (India), Eastman Chemical Company (US),
Agriculture Solutions Inc. (Canada), China Daily Co., Ltd. (China), and Koppert
B.V. (Netherland).
Market Segmentation:
The Market Research Future Report provides an
inclusive segmental analysis of the global Biostimulants market products based
on application method, crop type, and ingredients.
Based on active ingredient, the global market is
segmented into amino acids, microbial amendments, seaweed extracts, humic
substances, and others. Of these, the amino acids segment will lead the market
over the forecast period.
Based on crop type, the global market is segmented
into oilseeds and pulses, cereals and grains, fruits and vegetables, and
others. Of these, the cereals and grains segment will dominate the market over
the forecast period.
Based on application, the global market is
segmented into seed treatment, soil treatment, foliar treatment, and others. Of
these, the seed treatment segment will have a major share in the market over
the forecast period.
Access Report @ https://www.marketresearchfuture.com/reports/biostimulants-market-2770
Regional Analysis
Based on region, the global market report covers the
recent trends and growth opportunities across Europe, North America, the Asia
Pacific (APAC), and the Rest of the World (RoW). Of these, North America will
command the largest share in the market over the forecast period. Factors
adding to the global market growth in the region include the need for
increasing crop quality and yield. Besides, burgeoning demand for organic food,
strict regulations for the approval of agrochemicals, led by harmful impacts of
chemical-based agro-products, and the region promoting the use of biostimulants
for balancing the growth of the agricultural sector are also adding market
growth.
The global Biostimulants market products in the APAC
region is predicted to grow at the fastest pace over the forecast period.
Factors adding to the global Biostimulants market products growth in the region
include the adoption of modern agricultural technology like precision farming
and organic-based active ingredients, use of commercial seaweed cultivation
that offers healthy growth opportunities for the biostimulants industry,
increasing use of biostimulants as it helps to enhance crop quality, nutrient
efficiency, tolerance to abiotic stress, and nutrient uptake. India, Japan,
China, and Indonesia are the key contributors in the region for the increasing
adoption of biostimulants.
The global Biostimulants market products in Europe is
predicted to have a healthy growth over the forecast period for the supportive
regulations for increasing organic food production. However, in Western Europe,
the slow growth of the agriculture sector may limit market growth. Besides, the
presence of biofertilizers may also impede market growth by posing a
substitution threat.
The global Biostimulants market products in the RoW
is predicted to have sound growth over the forecast period.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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