Press release
Biostimulants Market Size, Growth, Opportunities 2024-2032 | Bayer AG (Germany), Syngenta AG (Switzerland), UPL Limited (India)
Biostimulants Market
Biostimulants are substances or microorganisms applied to plants that help enhance nutrition efficiency, crop quality, and abiotic stress tolerance. The rising adoption of organic farming, the shift toward sustainability, and increasing climatic and environmental concerns are boosting the market growth.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/sample/biostimulants-market-100414
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐๐ฌ๐๐ง๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Bayer AG (Germany)
โข Syngenta AG (Switzerland)
โข UPL Limited (India)
โข Gowan Group (U.S.)
โข BASF SE (Germany)
โข Marrone Bio Innovations (U.S.)
โข SEIPASA S.A. (Spain)
โข P.I. Industries (India)
โข Novozymes A/S (Denmark)
โข Koppert Biological Systems (Netherlands)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ข๐ง๐ ๐๐ข๐จ๐๐ก๐๐ฆ๐ข๐๐๐ฅ ๐๐ง๐ ๐๐ก๐ฒ๐ฌ๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ซ๐๐ข๐ญ๐ฌ ๐จ๐ ๐๐ซ๐จ๐ฉ๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐จ๐ง-๐๐ข๐๐ซ๐จ๐๐ข๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By source, the market is classified into microbial and non-microbial. The non-microbial segment leads the market and is expected to grow significantly during the forecast period. The segment's growth is attributed to the improving biochemical and physiological traits of crops.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐๐ฐ๐๐๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ฅ๐จ๐๐๐ฅ๐ฅ๐ฒ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐๐ฐ๐๐๐ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Based on active ingredient, the market is divided into seaweed extracts, humic substances, vitamins & amino acids, microbial amendments, and others. The seaweed extracts segment is dominating the market due owing to the growth in the cultivation of seaweed.
๐๐ข๐ ๐ก ๐๐๐๐๐๐ญ๐ข๐ฏ๐๐ง๐๐ฌ๐ฌ ๐จ๐ ๐ ๐จ๐ฅ๐ข๐๐ซ ๐๐ฉ๐ซ๐๐ฒ ๐ญ๐จ ๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ ๐๐ฅ๐๐ง๐ญ ๐๐๐๐ฅ๐ญ๐ก ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ ๐ ๐จ๐ฅ๐ข๐๐ซ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
By application, the market is classified into foliar application, soil treatment, and seed treatment. The foliar application segment held the largest part in the biostimulants market share due to its high effectiveness of foliar spray in improving plant health.
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ซ๐๐๐ง๐ก๐จ๐ฎ๐ฌ๐ ๐๐๐ ๐๐ญ๐๐๐ฅ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐จ๐ฐ ๐๐ซ๐จ๐ฉ๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Based on crop, the market is categorized into row crops, fruits and vegetables, turf & ornamentals, and others. The row crops segment is projected to dominate the market during the forecast period owing to increasing adoption of greenhouse vegetable production and rising demand for high-value crops.
Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/biostimulants-market-100414
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐๐๐๐ซ๐ฌ:
โข Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โข Comprehensive insights into regional developments.
โข List of major industry players.
โข Key strategies adopted by the market players.
โข The latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ ๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ-๐๐๐ฌ๐๐ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ซ๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The increasing awareness regarding the negative impact of synthetic plant protection products and chemical-based fertilizers boosts the biostimulants market growth. Farmers are increasingly seeking natural and eco-friendly options to produce crops, which is boosting the adoption of biostimulants as they are eco-friendly in nature and more specific to the growth of target crops and plant pests, boosting market growth.
However, the lack of regulations related to the commercialization of biostimulants may hinder the market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐ ๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ง๐ฒ ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe accounted for USD 1.43 billion and held the largest biostimulants market share in 2023. The growth is attributed to the formation of many government organizations, such as ACI's Biostimulants Associations and the European Biostimulants Industry Council which is driving the market expansion in the region.
Asia Pacific is expected to experience significant growth during the forecast period. The growth is attributed to the increasing adoption of quality agriculture products by Asian manufacturers to boost the market growth in the region.
Inquire Before Buying This Report:
https://www.fortunebusinessinsights.com/enquiry/sample/biostimulants-market-100414
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ฐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ ๐ญ๐จ ๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The market is highly competitive based on the presence of key market players. The growing focus of these key players on innovation and new product launches in the market to meet the demand of farmers to raise crop resilience and nutrient use efficiency, further aiding market expansion.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐๐๐๐ฆ๐๐๐ซ ๐๐๐๐ - Rovensa Group, one of the leaders in agricultural inputs, acquired Agro-K, a leading family-owned biostimulus producer in the U.S. The acquisition will strengthen the biostimulant portfolio of Rovensa in the U.S. and offer a high-quality portfolio of complementary solutions.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฐ๐ฌ:
Biofertilizers Market: https://www.fortunebusinessinsights.com/industry-reports/biofertilizers-market-100413
Agricultural Microbials Market: https://www.fortunebusinessinsights.com/industry-reports/agricultural-microbial-market-100412
Biopesticides Market: https://www.fortunebusinessinsights.com/industry-reports/biopesticides-market-100073
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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