Agriculture & Forestry Industry Market News

Biostimulants market to grow at 10.43% CAGR and projected to reach US$ 3.29 billion by 2022 according to new research report

Agriculture Market Research

The biostimulants market is estimated at USD 2.00 billion in 2017, growing at a CAGR of 10.43% from 2017, to reach USD 3.29 billion by 2022. This market has been gaining prominence among broad-acre crops to improve the crop productivity against different stress conditions such as intense heat, drought, salinity, or floods.

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The biostimulants market has been segmented on the basis of crop type, form, application method, and active ingredient. It has been further segmented on the basis of region into North America, Europe, South America, Asia Pacific, and the Rest of the World (RoW).

Biostimulants market is segmented as follows:

  • Humic substances (humic acid and fulvic acid)
  • Seaweed extracts
  • Microbial amendments
  • Trace minerals
  • Vitamins & amino acids

Biostimulants market is segmented as follows:

  • Foliar treatment
  • Soil treatment
  • Seed treatment

The main objectives of Biostimulants market report are to define, segment, and project the market size of the biostimulants market with respect to the above-mentioned segmentations and provide a detailed study of key factors influencing the growth of the market, along with profiling the key players in the market and their core competencies.

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More Information on Biostimulants Market with Forecast and Company Profiles at .

European region accounted for the highest adoption of biostimulants in the agricultural industry in 2016, owing to the growing awareness and increasing requirement for important fruit & field crops such as apples, pears, peaches, cotton, and corn.

The stakeholders for the report include the following:

  • Biostimulant & fertilizer manufacturers
  • Seaweed harvesters and processors
  • Crop protection product manufacturers
  • Humic acids and seaweed traders/distributors/suppliers
  • Organic certification agencies and biostimulant importers/exporters
  • Biostimulant manufacturer associations and industry bodies
  • Raw material suppliers and technology providers to manufacturers
  • Government and research organizations
  • Agricultural institutes and universities
  • Government, legislative, and regulatory bodies

Key players identified in the agricultural biostimulants market include Isagro (Italy), Arysta (Japan), BASF (Germany), Syngenta (Switzerland), FMC Corporation (US), Koppert (Netherlands), BioAg Alliance (US), Valagro (Italy), and Biolchim (Italy), as these are well-established and financially stable players that have been operating in the industry for several years.

Report at .

Asia Pacific is projected to be the fastest-growing region for the biostimulants market in agricultural applications from 2017 to 2022 as the significant growth of sustainable agriculture practices in the agri sector, in order to meet export quality standards, strengthened the market potential for local biostimulant manufacturers to develop various products based on amino acids, humic acids, and seaweed extracts.

Premium Insights

1 Extensive Opportunities in the Biostimulants Market

2 Biostimulants Market, By Region

3 Europe Biostimulants Market, By Country and By Application Method

4 Biostimulants Market, By Crop Type

5 Biostimulants Market: Key Countries

Biostimulants market has been evolving with many manufacturers involved in the research and development of cost-effective, productive processes to reduce the prices of the active ingredient. The popularity of biostimulant products depends on the understanding of its constituents and benefits, among farmers.

Owing to the awareness about the effectiveness of these specific acids, companies extract them and provide them as ready-to-use end products in the market,

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