ADAMA Ltd, Syngenta and Novozymes are dominating the Global Biostimulants Market in 2019

Global Biostimulants Market is expected to grow at a healthy CAGR of 12.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below:

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Biostimulants market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market has prominent growth in upcoming years due to increasing need for sustainable agriculture.

The major players dealing in global biostimulants market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. For instance, In September 2018, LALLEMAND INC. acquired Biomin’s fermentation plant which is located in Piracicaba, Brazil. The company will expand its business in Brazil with this acquisition.

ADAMA Ltd is the dominating player in the biostimulants market and the other players includes Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., KOPPERT BIOLOGICAL SYSTEMS, Haifa Group, Novozymes, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, AGROENZYMAS, MICROMIX, Syngenta, Bayer AG, UPL among others.

ADAMA Ltd

ADAMA Ltd is a public company which is headquartered in Beijing, China which was founded in 1945. The company is involved in manufacturing and distribution of solution for crop protection, novel agricultural technologies and non crop products. The company deals in different business segments which are crop protection and intermediates and ingredients. The market focused business segment for the biostimulant market is crop protection.

• In January 2019, ADAMA Ltd. has entered in a non-binding memorandum of understanding (MOU) with Jiangsu Huifeng Bio Agriculture Co., Ltd. for the enhancement in the agriculture sector. With this acquisition, ADAMA Ltd. has enhanced its business both in China as well as worldwide in crop protection field.

The company has wide global presence across the globe such as Latin America, North America, Europe, Middle East & Africa and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as ADAMA Manufacturing Poland SA (Poland), Adama Brasil (Brazil), Ingenieria Industrial, S.A. De C.V. (Mexico), ADAMA Makhteshim Ltd. (Isreal), Proficol S.A. (Colombia) among others.

Syngenta

Syngenta is a public company which is headquartered in Basel, Switzerland and is involved in developing and manufacturing products for crop protection, quality seeds and for delivering higher yields and agronomic. The company deals in different business segments and they are crop protection and seeds. The product categories of the company include biostimulants, fungicides, insecticides, nematicides, non-selective herbicides, post-harvest treatment, seed care and selective herbicides. The market focused category is biostimulants.

• In July 2017, Syngenta has signed an agreement with Valagro to supply biostimulants for seed treatment. Under this agreement, Syngenta has launched EPIVIO Energy, which is specially designed for sunflower and sunflower crops to reduce abiotic stress and improve crop quality. With the launch of EPIVIO Energy, the company will strengthen its product portfolio which in result will increase its customer base around the world.

The company has wide global presence across the globe such as North America, Europe, Asia-Pacific, Middle East and Africa. The company provides their products through its subsidiaries such as Dreamform Ltd. (Australia), Syngenta Crop Protection, LLC (U.S.), Syngenta Corporation (U.S.), Syngenta Participations AG (Switzerland), Syngenta Bioline Ltd (U.K.) and others.

Novozymes

Novozymes is a public company which is headquartered in Copenhagen, Denmark and was established in 2000. The company provides biotechnological solution for agriculture, food & beverages, energy, chemicals, and also offer products for textile, wastewater treatment, forest, leather among others. The company has many business segments such household care, food & beverages, bioenergy, agriculture & feed, technical & pharma. The market focused business segment is agriculture & feed. The product categories of the company include agriculture, bioenergy, food & beverages, household care. The market focused category is agriculture.

The company has strong presence across the globe such as China, India, Japan, Latin America and North America. The company provides their products through its subsidiaries and they are Natural Industries, Inc. (U.S.), Delta Biotechnology Limited (U.K.), Turfal Industria e Comercio de Produtos Agronomicos e Biologicos LTDA (Brazil), Novozymes Japan Ltd. (Japan), Novozymes Switzerland AG (Switzerland) among others.

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