Global Biostimulants Market is Expected to Grow at 12.5% CAGR in the Forecast Period of 2020 to 2027

Global Biostimulants Market is forecasted to grow at 12.5% CAGR with factors such as increase in sustainable agriculture around the world stalling the growth of this market.

Biostimulants market has shown an exceptional penetration in regions such as Europe, North America, Asia-Pacific and others. Although the market is growing with a strong CAGR but certain factor like quality issue in manufacturing biostimulants products may impact the market growth. The ingredients used in manufacturing biostimulant products may vary due to certain factors such as temperature, environmental conditions and others. Changes in these factors or parameters impacts the quality of the biostimulant products. So the production of the low quality of products impacts the market growth.

Biostimulants Market Scenario

According to Data Bridge Market Research, in biostimulants market the ADAMA Ltd has the largest market share of approximately 19.00% to 23.00%. In modern agriculture, Adama Ltd is playing lead role by providing biostimulants products in market and helping the agriculture sector to maintain sustainable agriculture. The company operates in different business segment and they are crop protection and intermediates & ingredients. The product for the biostimulants market belongs in crop protection category. The company has increased their revenue from crop protection business segment by 10.98% from 2017, for instance; it has generated USD 3,617 million in 2018. Increased demand for the products in agriculture sector leads to increase in market size of biostimulants market.

Trends Impacting the Market

Biostimulants Market

Now the question is which are other regions ADAMA Ltd, Syngenta and Novozymes are targeting? Data Bridge Market Research has forecasted a large growth in South America for biostimulants market and the market leaders targeting Brazil and Argentina to be their next revenue pockets for 2020.

The biostimulants market is becoming more competitive every year with companies such as ADAMA Ltd, Syngenta and Novozymes are the market leaders for biostimulants. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the biostimulants market.

For more analysis on the biostimulants market request for a briefing with our analysts

New Biostimulants Market Development

  • In April  2019, Italpollina S.p.A launched biostimulants Tandem. This tandem contains beneficial microorganism namely Trichoderma atroviride MUCL45632 specially developed for root development. According to EC REG. N. 834/2007, the tandem is useful for organic farming. With this launch, the company will strengthen its product portfolio in the market.

Scope of the Biostimulants Market

All analysis of the biostimulants market is further analysed based on maximum granularity into further segmentation. On the basis of active ingredients, the market is segmented into acid based, extract based, microbial amendments, protein hydrolysates, B-vitamins, chitin, chitosan and others. On the basis of crop type, the market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses and other crops. On the basis of application method, the market is segmented into foliar treatment, soil treatment and seed treatment. On the basis of form, the market is segmented into liquid and dry. On the basis of origin, the market is segmented into natural biostimulants and biosynthetic biostimulants. On the basis of end user, the market is segmented into farmers, related industries, and research institutes. On the distribution channel, the market is segmented into direct and indirect.

To know more about the study

Key Pointers Covered in the Biostimulants Market Industry Trends and Forecast to 2027

  • Market Size
  • Regulatory Framework and Changes
  • Recent Developments for Market Competitors
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Market Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • Eastman Chemical Company
  • OMEX
  • Agrinos
  • Brandt Consolidated, Inc.
  • FMC Corporation
  • Valagro SpA
  • Biolchim SPA
  • Isagro
  • Italpollina S.p.A.
  • ADAMA Ltd
  • Haifa Group
  • Novozymes
  • Biostadt India Limited
  • Trade Corporation International
  • Syngenta
  • Bayer AG
  • UPL
  • Others

Above are the key players covered in the report to know about more and exhaustive list of biostimulants companies contact us

Research Methodology: Global Biostimulants Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Government Fleets, Personal Consumers, Researchers, Agriculture Specialist.
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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