Biostimulants Market 2020 Competitive Insights, Trends and Demand Growth to 2027

Qualitative and informative knowledge by adding titled “Biostimulants Market by By Active Ingredients (Acid Based, Extract Based, Protein Hydrolysates, Microbial Amendments, Chitin, Chitosan, B-Vitamins, Others), Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals, Other Crops), Application Method (Foliar Treatment, Soil Treatment, Seed Treatment), Form (Liquid, Dry), End User (Farmers, Related Industries, Research Institutes), Origin (Natural Biostimulants, Synthetic Biostimulants), Distribution Channel (Direct, Indirect) Analysis and Forecast, 2020 – 2027”. Global biostimulants market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the global biostimulants market is expected to reach USD 7,591.23 million by 2027 from USD 2,990.83 million in 2019, at the CAGR of 12.5% in the forecast period of 2020 to 2027. High agricultural production worldwide is a major factor for the market growth.

Few of the leading organizations’ names are listed here- Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation, Valagro SpA, Biolchim SPA, Isagro, Italpollina S.p.A., ADAMA Ltd, 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.

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Succinct Description of the Market:

Biostimulants are the products which can enhance life of plants in terms of the growth and productivity. It has the capability to increase stress tolerance of plant that may be in terms of disease or drought. With the use of biostimulant products, plants capacity to absorb water increases and it leads to better plant growth. The biostimulants products are found to be filling the gap between bio-fertilizers and pesticides as it can help the plant in both activities. Demand for biostimulants has increased in recent years. The organic farming is increasing worldwide due to people lifestyle change and need for high quality food products. Biostimulant products are found to be a better solution in organic agriculture sector. For instance, according to Research Institute of Organic Agriculture FiBL, it has been estimated that 181 countries have adopted organic agriculture worldwide in the year 2017.

Biostimulants Market Country Level Analysis

The countries covered in biostimulant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

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In April 2019, Italpollina Inc. has acquired a Florida based company Horticultural Alliance Inc. which is engaged in providing plant health and maintenance solutions in agriculture market. With this acquisition the company has established its operation sites in the U.S. and enhanced their business in terms of revenue generation also.

In January 2019, ADAMA Ltd. has entered in acquisition with Jiangsu Huifeng Bio Agriculture Co., Ltd under non-binding memorandum of understanding (MOU). This acquisition helped ADAMA Ltd. in enhancing their business in both China as well as worldwide in crop protection field. 

In this study, the years considered to estimate the market size of Biostimulants are as follows:

History Year: 2014-2018

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

Crucial Market Segment details-:

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. Acid based segment is dominating the market as it is main component that provides many functions to the plant as well as increases plant metabolic activity. Due to its main function activity in the plant it takes high share in biostimulant. However microbial amendment may grow in this market due to rise in need for other important component such as nitrogen and many others.

On the basis of crop type, the market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses and other crops. Fruits and vegetables segment is dominating the global biostimulants market due to high production of fruits and vegetables globally. High demand for fruits and vegetables require biostimulant in order to fulfil the increasing demand in market.

On the basis of application method, the market is segmented into foliar treatment, soil treatment and seed treatment. Foliar treatment segment is dominating due to its high benefits in agriculture field hence farmers are more inclined to it which ultimately helping the market to grow.

On the basis of form, the market is segmented into liquid and dry. Liquid segment is dominating the market as it get easily absorbed in the soil to provide a good root system, better stems and foliar development to make the crop more capable to abiotic stress. With such multiple benefits biostimulant in liquid form is in high demand. 

Country Level Analysis, By Active Ingredients

Europe is dominating the global biostimulants market due to its proper definition as well as regulatory framework which makes higher numbers of manufacturers inclining towards its manufacturing. The demands for the biostimulant are higher as it has multiple benefits such as high crop productivity, better soil fertility and many others. To fulfil the increased demand of biostimulant in agriculture sector, manufacturers are taking strategic decisions and launching products in market. For instance, in February 2017, Bioiberica has launched Equilibrium. It is new biostimulant provided by the company in market which is developed specifically for fruit set and the start of fruit ripening. With this launch the company has increased its product portfolio and also the customer base in agriculture field.

Table of Contents

1 Biostimulants Market Overview

2 Manufacturers Profiles

3 Global Biostimulants Market Competitions, by Players

3.1 Global Biostimulants Revenue and Share by Players

3.2 Market Concentration Rate

3.2.1 Top 5 Biostimulants Players Market Share

3.2.2 Top 10 Biostimulants Players Market Share

3.3 Market Competition Trend

4 Global Biostimulants Market Size by Regions

5 North America Biostimulants Revenue by Countries

6 Europe Biostimulants Revenue by Countries

7 Asia-Pacific Biostimulants Revenue by Countries

8 South America Biostimulants Revenue by Countries

9 Middle East and Africa Revenue Biostimulants by Countries

10 Global Biostimulants Market Segment by Type

11 Global Biostimulants Market Segment by Application

12 Global Biostimulants Market Size Forecast (2019-2026)

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Conclusion:  

This Biostimulants research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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