Biostimulants Market Grow By Leading Industry Players BASF,Isagro,Valagro,Italpollina,Syngenta,Bioag Alliance,FMC Corporation,Adama Agricultural Solutions,Ilsa,Koppert,Arysta Lifescience,Biolchim

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The Biostimulants Market is estimated at US$ 2.00 Billion in 2017, growing at a CAGR of 10.43% from 2017, to reach US$ 3.29 Billion by 2022.This market has been gaining prominence among broad-acre crops to improve the crop productivity against different stress conditions such as intense heat, drought, salinity, or floods. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for their efficient stress response mechanism are projected to drive the biostimulants market.

The Biostimulants Market has been evolving with many manufacturers involved in the research and development of cost-effective, productive processes to reduce the prices of the active ingredient. The popularity of biostimulant products depends on the understanding of its constituents and benefits, among farmers. Owing to the awareness about the effectiveness of these specific acids, companies extract them and provide them as ready-to-use end products in the market, sometimes formulated along with microbials and amino acids.

“Row crops segment dominated the biostimulants market in 2016.”
On the basis of crop type, the row crops segment dominated the biostimulants market in agricultural applications in 2016.The large cultivated areas under row crops such as cotton, corn, rice, and sugarcane in developing regions of Asia Pacific and South America are projected to drive the application of biostimulants in the row crops segment for sustainable agriculture approach.

“Asia Pacificis projected to grow at the highest rate during the forecast period.”
Asia Pacificis projected to be the fastest-growing region in the biostimulants market between 2017 and 2022. The Asia Pacific region has been experiencing significant demand due to the need to undertake efforts to ensure export quality to their North American and European neighbors, which had a sizeable impact on the region’s economy, subsequently driving the growth of the biostimulants market.

Breakdown of the profile of primary participants is as follows:
• By Company Type: Tier I – 20 %, Tier II – 50%, and Tier III – 30%
• By Designation: C level – 28%,D level – 22%, and Others – 50%
• By Region: Europe – 40%, North America – 25%, Asia Pacific – 22%, and South America – 13%

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Top Key Players in the “Biostimulants Market” include are Isagro (Italy), Arysta (Japan), BASF (Germany), Syngenta (Switzerland), Bio AG Alliance (US), FMC Corporation (US), Valagro (Italy), and Biolchim (Italy),Koppert (Netherlands), Biostadt (India), and Italpollina (Italy).

Target Audience for Biostimulants Market: Biostimulant & fertilizer manufacturers,Seaweed harvesters and processors,Crop protection product manufacturers,Humic acids and seaweed traders/distributors/suppliers,Organic certification agencies and biostimulant importers/exporters,Biostimulant manufacturer associations and industry bodies,Raw material suppliers and technology providers to manufacturers,Government and research organizations,Agricultural institutes and universities,Government, legislative, and regulatory bodies.

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