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Biostimulants Market Growth, Top Leading Player with Business Revenues, Manufacturing Status and Demand 2030 | Acadian Seaplants Limited, Biostadt India Limited

12-07-2023 12:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Biostimulants Market

Biostimulants Market

Market Overview:

Biostimulants are products used in agriculture to enhance nutrient absorption, nutrient efficacy, tolerance to abiotic stress, and crop quality. They help increase agricultural yields.

Market Dynamics:

Biostimulants help boost crop immunity, photosynthesis, nutrient uptake, and tolerance to environmental stresses, thereby improving crop quality and yields. Their usage is growing as farmers seek minimally processed, environmentally sustainable solutions to protect and enhance crop production. The global population is rising rapidly and demands more food, driving the need for improved agricultural productivity through products like biostimulants. Further, government support in major agro-economies is promoting the use of biostimulants as they can provide eco-friendly alternatives to fertilizers.

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Major market players included in this report are:

★ Acadian Seaplants Limited
★ Biostadt India Limited
★ Omex Agrifluids Ltd.
★ Italpollina Spa
★ Koppert B.V.
★ Bio Atlantis Ltd.

★ Platform Specialty Products Corporation
★ BASF SE
★ Novozymes A/S
★ Agrinos A/S

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

By Application:
✦ Foliar
✦ Soil
✦ Seed

By Crop Type:
✦ Row Crop
✦ Fruits & Vegetables
✦ Turfs and Ornamentals
✦ Other Crop Types

By Active Ingredient:
✦ Acid-based
✦ Extract Based
✦ Others

Regional Analysis:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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✤ Biostimulants Market Drivers: Increasing Demand for Organic Farming to Improve Soil Health and Crop Yield

With the growing awareness about the ill effects of excessive use of chemicals in agriculture, farmers are moving towards more sustainable and organic practices. Biostimulants help improve soil fertility and structure naturally by stimulating microbial activity. They enhance nutrient uptake, water retention and stress tolerance in plants. This has led to widespread adoption of biostimulants for various high-value crops. Government initiatives in countries like India and Brazil to promote organic and sustainable agriculture will further accelerate demand.

✤ Rising Global Population and Need to Increase Food Production Efficiently

The world population is projected to reach nearly 10 billion by 2050. With reduction in cultivable land, there is an urgent need to boost agricultural productivity on existing farmland. Biostimulants show great potential to significantly improve crop yields with minimal inputs. They are more cost-effective than synthetic fertilizers and reduce the environmental footprint of agriculture. Many countries and farmers are actively exploring biostimulant solutions to fulfill the growing food requirement in a sustainable manner.

✤ Biostimulants Market Restrain: Stringent Regulations for New Product Approvals

Before a new biostimulant product can be commercialized, it needs to go through a rigorous approval process by regulatory agencies in different markets to test its efficacy and safety. This regulatory process is quite lengthy and costly for companies. Any changes to existing formulations also need re-approval. Stringent regulations thus pose as a restraint, slowing the product development and commercialization cycles for biostimulant manufacturers.

✤ Biostimulants Market Opportunity: Development of Precision Farming and Digital Agriculture Technologies

Advancements in precision farming, IoT sensors, drones and other digital agriculture technologies are revolutionizing the way crops are grown. These technologies allow collection of vast amounts of field and crop data. Biostimulant companies see an opportunity to integrate their products with digital platforms. By analyzing soil and plant health parameters, customized biostimulant prescriptions and treatment schedules tailored for different micro-environments within a field can be developed. This precision approach will maximize benefits and resource use efficiency.

✤ Biostimulants Market Trends: Increasing Shift Towards Natural and Organic Ingredients

Consumers today demand more sustainable and environmentally-friendly products. Keeping pace with this trend, biostimulant manufacturers are focusing on developing solutions derived from natural plant and seaweed extracts, growth-promoting microbes, humic substances and animal by-products. Many players are also investing in R&D for novel active ingredients from unique natural sources. The clean label and organic positioning allows biostimulants to charge a premium. This shift towards more natural formulations aligns well with the organic, regenerative and carbon farming models gaining popularity worldwide.

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Key Questions Answered in the Report:

1. What are the growth opportunities for the new entrants in the global Biostimulants industry?
2. Who are the leading players functioning in the global Biostimulants marketplace?
3. What are the key strategies participants are likely to adopt to increase their share in the global Biostimulants industry?
4. What is the competitive situation in the global Biostimulants market?
5. What are the emerging trends that may influence the Biostimulants market growth?
6. Which product type segment will exhibit high CAGR in the future?
7. Which application segment will grab a handsome share in the global Biostimulants industry?
8. Which region is lucrative for the manufacturers?

Some of the Major Points of TOC cover:

Chapter 1: Techniques & Scope

1.1 Definition and forecast parameters
1.2 Methodology and forecast parameters
1.3 Information Sources

Chapter 2: Latest Trends Summary

2.1 Regional trends
2.2 Product trends
2.3 End-use trends
2.4 Business trends

Chapter 3: Biostimulants Industry Insights

3.1 Industry fragmentation
3.2 Industry landscape
3.3 Vendor matrix
3.4 Technological and Innovative Landscape

Chapter 4: Biostimulants Market, By Region

Chapter 5: Company Profiles

5.1 Company Overview
5.2 Financial elements
5.3 Product Landscape
5.4 SWOT Analysis
5.5 Systematic Outlook

Chapter 6: Assumptions and Acronyms

Chapter 7: Research Methodology

Chapter 8: Contact (Continue . . .)

Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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