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.
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Asia Pacificis projected to be the fastest-growing region in the biostimulants market between 2017 and 2022. The Asia Pacific region has been experiencing significant demand due to the need to undertake efforts to ensure export quality to their North American and European neighbors, which had a sizeable impact on the region’s economy, subsequently driving the growth of the biostimulants market.
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On the basis of crop type, the row crops segment dominated the biostimulants market in agricultural applications in 2016.The large cultivated areas under row crops such as cotton, corn, rice, and sugarcane in developing regions of Asia Pacific and South America are projected to drive the application of biostimulants in the row crops segment for sustainable agriculture approach.
On the basis of application method, the foliar segment dominated the market in 2016, in terms of value, due to its easy usage, less labor requirement, enhanced productivity, and faster rate of absorption, which are projected to drive the foliar segment in the biostimulants market.
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Target Audience Include Biostimulants Market Report:
- 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
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Top 12 Companies Analyzed for Biostimulants Market are – Isagro (Italy), Arysta (Japan), BASF (Germany), Syngenta (Switzerland), Bio AG Alliance (US), FMC Corporation (US), Valagro (Italy), and Biolchim (Italy),Koppert (Netherlands), Biostadt (India), and Italpollina (Italy).
Fundamental Key Point from Table of Content:
Biostimulants Market, By Active Ingredient
Vitamins & Amino Acids
Biostimulants Market, By Application Method
Biostimulants Market, By Crop Type
Fruits & Vegetables
Turfs & Ornamentals
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Biostimulants Market, By Form
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