Press release
Biostimulants Market Growth by Top Companies, Region, Application, Driver, Trends and Forecasts by 2030
The Business Research Company offers “Biostimulants Market Global Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global biostimulants market is expected to decline from $2.56 billion in 2019 to $2.46 billion in 2020 at a compound annual growth rate (CAGR) of -3.74%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $3.45 billion in 2023 at a CAGR of 11.9%.
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The biostimulants market consists of the sale of biostimulants and related services. Biostimulants are substances or microorganisms which enhance the plant growth when applied in small amounts by increasing the nutrient absorbency rate of the plants without any adverse effect on the plants. It helps the plant to tolerate abiotic stress and also increases crop productivity.
The growth of sustainable agriculture is expected to drive the growth of the biostimulant market. There is an increased focus on sustainable agriculture due to deteriorating factors such as soil degradation, water scarcity, climate change, and also the burden to produce high crop yield to meet the demand.
Biostimulants Market Segmentation:
By Chemical Origin :
1.Natural
2.Biosynthetic Biostimulants
By Active Ingredient :
1.Humic Acid
2.Fulvic Acid
3.Amino Acids
4.Protein Hydrolysates
5.Seaweed Extracts
By Application :
1.Foliar
2.Soil
3.Seed
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/biostimulants-market-global-report-2020-30-covid-19-growth-and-change
Few Points From Table Of Content
1. Executive Summary
2. Biostimulants Market Characteristics
3. Biostimulants Market Size And Growth
4. Biostimulants Market Segmentation
5. Biostimulants Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Biostimulants Market
27. Biostimulants Market Trends And Strategies
28. Biostimulants Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Biostimulants Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Biostimulants Market are BASF; Bayer CropScience; Novozymes A/S; Koppert Biological Systems; Verdesian Life Sciences; Lallemand Plant Care; Valagro; Syngenta; Novozymes A/S; Valagro SpA; Isagro S.p.A.; Agrinos; Biolchim SPA; Premier Tech Ltd.; Agriculture Solutions Inc.; West Coast Marine Bio-Processing, Corp.; Italpollina S.p.A; Agricen; UPL; Koppert Biological Systems; Kelp Products International; Haifa Group.
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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