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Biostimulants Market Revenue, Business Opportunities and Forecast Worldwide by Key Manufacturers - UPL, Gowan Group, FMC Corporation

02-18-2022 08:07 AM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

The global market for biostimulants is estimated at USD 3.2 billion in 2021; it is projected to grow at a CAGR of 12.1% to reach USD 5.6 billion by 2026. Biostimulants can help in fostering the development and growth of plants in a number of ways throughout the crop lifecycle-from seed germination to plant maturation.

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The report provides a comprehensive analysis of company profiles listed below:
• BASF SE (Germany)
• UPL (India)
• Valagro S.p.A (Italy)
• Gowan Group (US)
• FMC Corporation (US)
• ILSA S.p.A (Italy)
• Rallis India Limited (India)
• Haifa Group (Israel)
• Adama Ltd. (Israel)
• Biovert S.L (Spain)
• Koppert Biological Systems (Netherlands)
• Tradecorp International (Spain)
• AgriTecno (Spain)
• Axeb Biotech SL (Spain)
• MAFA Bioscience, S.A. (Spain)

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Seaweed extracts enhance soil fertility and increase crop productivity under various environmental stress conditions. The application of seaweed extracts improves soil structure and aeration, increases biotic and abiotic stress tolerance, enhances seed germination, and stimulates root growth, flower set, and fruit production. Seaweed extracts are rich in phytohormones and trace elements for plant growth.

Foliar spray application of biostimulants is one of the most widely used methods that help in maximizing productivity of plants. When soil conditions are unfavorable it may be desirable to make foliar applications of the biostimulants. Biostimulants application to the foliage of the plant, smaller quantities of the fertilizer or other agrochemical material are required than when applying to the soil. Thus, they are used in larger quantities.

The usage of biostimulants has evolved immensely from high-value crops such as fruits & vegetables to broad-acre crops such as cereals, pulses, and fiber crops. It has been observed that biostimulants enhance the uptake of nutrients, develop tolerance to abiotic stresses, and increase the vigor and yield of crops such as wheat, rice, and barley. The immense possibility in the application of biostimulants for these broad-acre crops can lead to the significant growth of this market.

Competitive Landscape of Biostimulants Market:
1 Overview
2 Market Share Analysis
3 Key Player Strategies
4 Historical Revenue Analysis Of Key Players
5 Covid-19-Specific Company Response
5.1 Adama Ltd.
5.2 Basf Se
5.3 Upl
5.4 Fmc Corporation
6 Company Evaluation Quadrant (Key Players)
6.1 Stars
6.2 Emerging Leaders
6.3 Pervasive Players
6.4 Participants
7 Product Footprint
8 Start-Up/Sme Evaluation Quadrant (Other Players)
8.1 Progressive Companies
8.2 Starting Blocks
8.3 Responsive Companies
8.4 Dynamic Companies
9 Competitive Scenario
9.1 New Product Launches
9.2 Deals
9.3 Others

Research Coverage:
This report segments the biostimulants market on the basis of active ingredient, mode of application, crop type, form and region. In terms of insights, this research report focuses on various levels of analyses-competitive landscape, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the Biostimulants market, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.

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