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Biostimulants Market- Global Opportunity Analysis And Industry Forecast (2017-2022)
Global Biostimulants Market, By Crop Type, 2017- 2022
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Moreover, growing awareness about environmental safety with the use of biostimulants has further led the growth of biostimulants market globally. However, lack of education and awareness among farmers, and various challenges faced by new entrants and small players restrains the growth of biostimulants market. Also, unavailability of standardized regulatory framework for biostimulants and scientific & technical challenges for development of biostimulants challenges the growth of this market to some extent.
Geographically, Europe holds the major share in the global biostimulants market, followed by North America and Asia-Pacific region which is primarily attributed to the rising concern over harmful chemicals on environment, increasing demand for organic food, rapid development & innovation in biostimulants, and presence of large number of biostimulants providers. However, Asia-Pacific region possesses lucrative growth potential for the biostimulants market and is expected to witness a fastest growth during the forecast period. This is mainly attributed to its large area under agriculture cultivation, rising need to increase crop yield and quality with the growing population, increasing demand for organic foods, and various government initiatives to develop and increase application of biologicals in the region.
The key players in the global biostimulants market are BASF SE, Valagro SpA, Biolchim S.p.A., Marrone Bio Innovation, Monsanto Company (Part of Bayer), Trade Corporation International (Part of Sapec Group), Plant Health Care PLC, Syngenta (Subsidiary of ChemChina), Biostadt India Limited, Andermatt Biocontrol AG, BioWorks, Inc., Novozymes, Inc., Koppert B.V., Italpollina S.p.A., Micromix Plant Health Ltd., Arysta LifeScience Corporation (Subsidiary of Platform Specialty Products Corporation), FMC Corporation, and Agrinos AS.
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Scope:
Market by Active Ingredients:
Acid Based
Humic Acid
Amino Acid
Fulvic Acid
Extract Based
Seaweed Extract
Other Botanical Extracts
Microbial Amendments
Trace Minerals and Vitamins
Others
Market by Mode of Application
Foliar Spray
Soil Treatment
Seed Treatment
Market by Formulation:
Solid
Liquid
Market by Crop Type:
Row Crops
Fruits and Vegetables
Turfs and Ornamentals
Others.
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About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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AVP- Global Sales and Marketing
Meticulous Research®
Email: viren@meticulousresearch.com
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