Europe Biostimulants Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025

Europe Biostimulants Market was Valued at US$ XX Mn in 2018, Due to Rise in Demand for High Quality Food Products with High Yield and Increasing Awareness Among the Farmers About the Advantages of Biostimulants
Analyst Speak:

“The Europe Biostimulants Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” owing to rise in demand for high quality food products with high yield and increasing awareness among the farmers about the advantages of biostimulants.

The Europe Biostimulants Market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to increasing demand for superior quality, high yield, and productivity and more number of lawns and gardens in the region are major driving factors of manufactured soil market over the forecast period. In addition, rising government support and advancement in agriculture sector along with rising demand for organic farm practices boosts the growth of the market. However, high cost and lack of awareness regarding the products and very low adoption rate hinders the growth of the market.

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Europe biostimulants market segmented on the basis of product type, crop, application, and formulation.

Humic Acid and Fulvic Acid Segment Leads the Biostimulants Market with highest revenue share

Based on product type, Europe biostimulants market segmented into Humic substances (Humic acid and Fulvic acid), microbial amendments, seaweed extracts, vitamins and amino acids, trace minerals, and others. Humic acid and Fulvic acid registered highest revenue share in 2018 and expected to dominate over the forecast period owing to growing demand for the high quality and higher production for the food products and increasing population boosts the growth of the market. In addition, government support for the production of high quality food products and awareness among the farmers regarding the benefits of the biostimulants fuels the growth of the market over the forecast period.
Germany Leads the Europe Biostimulants Market

PBI’s Europe biostimulants market report analyses the market in different countries such as Germany, France, Italy, Spain, Russia, U.K., Poland, and Rest of Europe. According to geographical analysis, Germany holds larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 due to growing awareness among the farmers and rising consumer preference towards organic agro products and increase in research and development and launch of new products enhances the growth of the market over forecast period. France is expected to exhibit highest growth rate over forecast period due to increase in demand for high quality food products and rise in government support and increased focus on research and development.

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Expansion of Companies Presence and Launch of New Products are the key strategies adopted by the market players

Europe biostimulants market further reveals that the key player’s increasingly adopting strategies such as development and launch of new products and focus on expansion of their business by the market players to enhance the market revenue and strengthen their position in the market. For instance, In June 2017, Valagro opened new biostimulants plant in Brazil for the expansion of business in Latin America region.

Key player’s profiles in the report are BASF SE (Germany), FMC Corporation (US), Syngenta AG (Switzerland), Arysta LifeScience Corporation (U.S.), Bayer CropScience AG (Germany), Valagro (Italy), Koppert B.V. (Netherlands), Biovert S.A. (Spain), and Sheriff Amenity (U.K.).

Precision Business Insights (PBI) in its report titled “Europe Biostimulants Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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Detailed Segmentation

By Product Type
o Humic Substances (Fulvic Acid and Humic Acid)
o Microbial Amendments
o Seaweed Extracts
o Vitamins and Amino Acids
o Trace Minerals
o Others
By Crop Type
o Fruits and Vegetables
o Cereals and Row Crops
o Turfs and Ornamentals
By Application
o Foliar Treatment
o Seed Treatment
o Soil Treatment
By Formulation
o Dry Products
o Liquid Products
Country

o Germany
o France
o Italy
o Spain
o Russia
o U.K.
o Poland
o Rest of Europe

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