Press release
Biostimulants Market Report, Global Size, Share, Growth and Future Trends 2023-2028
The global biostimulants market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 10.5% during 2023-2028.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/biostimulants-market/requestsample
Biostimulants Market Trends:
The escalating demand for sustainable agriculture, the rise in global food requirements, and the growing awareness of environmental conservation are central factors contributing to the growth of the biostimulants market globally. In conjunction with this agricultural trend, biostimulants are appreciated for their potential to enhance crop yield, improve soil fertility, and reduce dependency on chemical fertilizers, thus significantly shaping market dynamics. Additionally, innovations in biological research, focus on agronomic practices, and the development of customized biostimulant formulations catering to specific crop needs have fostered a versatile and innovative biostimulants landscape, thereby driving market growth.
The increasing collaboration between farmers, agronomists, research institutions, and governmental bodies is expanding the market's reach. Compliance with agricultural regulations, ethical farming standards, and transparent certification processes also guide the market trajectory. Other contributing factors, such as investments in research for developing eco-friendly solutions, the presence of companies specializing in agri-tech solutions, and the integration of biostimulants into comprehensive farming strategies, are further boosting market growth across the agriculture sector, emphasizing the biostimulants market's essential role in modern agronomy, environmental stewardship, and global food security.
Key Market Segmentation:
The report has segmented the global biostimulants market based on product type, crop type, form, origin, distribution channel, application, end user and region.
Breakup by Product Type:
• Acid-Based:
o Humic Acid
o Fulvic Acid
o Amino Acid
• Extract-Based:
o Seaweed Extract
o Other Plant Extracts
• Others:
o Microbial Soil Amendments
o Chitin & Chitosan
o Others
Breakup by Crop Type:
• Cereals and Grains
• Fruits and Vegetables
• Turf and Ornamentals
• Oilseeds and Pulses
• Others
Breakup by Form:
• Dry
• Liquid
Breakup by Origin:
• Natural
• Synthetic
Breakup by Distribution Channel:
• Direct
• Indirect
Breakup by Application:
• Foliar Treatment
• Soil Treatment
• Seed Treatment
Breakup by End-User:
• Farmers
• Research Organizations
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape With Key Players:
The competitive landscape of the biostimulants market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Agrinos AS
• Adama LTD.
• BASF SE
• Bayer
• Biolchim SpA.
• Biostadt India Ltd.
• Isagro
• Italpollina SpA
• Koppert B.V.
• Novozymes
• Syngenta
• Valagro SpA
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1960&flag=C
Biostimulants refer to a range of substances and microorganisms used to enhance plant growth, resilience, and overall crop health. These products are essential in modern agriculture, known for their ability to stimulate nutrient uptake, improve soil health, and support sustainable farming practices. Key features of biostimulants may include their compatibility with various crops, ecological benefits, alignment with organic farming principles, and adaptability to different climatic conditions. The specific nature of biostimulants and their crucial role in agriculture underscore their importance in contemporary farming and the global food supply chain.
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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