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Global Biostimulants Market Analysis, Application, Share, Ongoing Trends And Forecast 2023-2032: BASF, Bayer CropScience, Novozymes A/S, Koppert Biological Systems, Verdesian Life Sciences
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the biostimulants market report by The Business Research Company, 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 of producing high crop yields to meet the demand. The use of biostimulants helps grow various crops under stress conditions, supporting sustainable agriculture and thereby driving the biostimulant market.
The global biostimulants market size will grow from $2.79 billion in 2022 to $3.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The global biostimulants market size is expected to grow from $4.09 billion in 2027 at a CAGR of 8.0%.
Read More On The Biostimulants Market Report Here:
https://www.thebusinessresearchcompany.com/report/biostimulants-global-market-report
Major competitors in the biostimulants market include BASF, Bayer CropScience, Novozymes A/S, Koppert Biological Systems, Verdesian Life Sciences, Lallemand Plant Care, Valagro.
The biostimulants market is segmented -
• By Chemical Origin: Natural, Biosynthetic Biostimulants
• By Active Ingredient: Humic Acid, Fulvic Acid, Amino Acids, Protein Hydrolysates, Seaweed Extracts, Other Active Ingredients
• By Application: Foliar, Soil, Seed, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the biostimulants market.
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The biostimulants market consists of the sales of plant extract, inorganic compound, chitosan and other biopolymer, and beneficial microbe biostimulants. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Biostimulants Market Include:
1. Executive Summary
2. Biostimulants Market Characteristics
3. Biostimulants Market Trends And Strategies
4. Biostimulants Market - Macro Economic Scenario
5. Biostimulants Market Size And Growth
6. Biostimulants Market Segmentation
…………
27. Biostimulants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biostimulants Market
29. Biostimulants Market Future Outlook and Potential Analysis
30. Appendix
The "Global Biostimulants Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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