There is a continuous growth in “Biostimulant” Market in last five years and also continue for the forecast year 2023. Biostimulant industry report analyses the outline of the global market with respect to major regions and segmented by types and applications. Biostimulant Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.
Get a Sample Copy Of The Report At – https://www.absolutereports.com/enquiry/request-sample/13100685
The plant biostimulant industry is in its nascent stage, and was valued at USD 1718.4 million in 2016. The global plant biostimulant market is projected to register a CAGR of 13.6% during the forecast period of 2018 – 2023. Europe is the largest segment of the market studied, and accounted for around 42.0% of the market studied.
Growing Organic Food Industry – The Major Driving Force
Organic biostimulants are significant for the future of the agricultural industry, in terms of promoting organic practices. Biostimulants can enhance soil microflora, which in turn, help make the uptake of nutrients more efficient. Others increase antioxidant activity in plants, and boost internal defenses against environmental stresses and disease pressure.
Organic food and related agriculture now account for around 5.0-10.0% of the food market, varying from region to region. As organic food products are produced without using any kind of pesticides or fertilizers, the demand for plant biostimulants is on the rise. Consequently, the increasing popularity of organic farming drives the demand for biostimulants.
Asia-Pacific to Witness the Fastest Growth
Increase in the demand for quality agricultural products, organic produces, and the increasing need for high productivity and yield are expected to increase the consumption of bio-stimulants in Asia-Pacific, especially in China, India, and Japan. The Asia-Pacific plant biostimulant market was valued at USD 356.0 million in 2016 and is expected to witness a CAGR of 15.2% during the forecast period.
China forms the largest market for plant biostimulants in Asia-Pacific, with a market share of 33.0%. The increasing population (particularly the middle-class consumers), growing interest in sustainability, and popularity of organic farming have created an attractive market for plant biostimulants in the country.
Key Developments in the Market
• May 2017: Acadian Plant Health launched biostimulants and Acadian BioSwitch Technology in India
• April 2017: Arysta LifeScience introduced four new biostimulants in Romania
• March 2017: Marrone Bio Innovations launched Haven™ for sun stress reduction in crops
Key Players: ARYSTA LIFESCIENCE CORPORATION, BIOSTADT INDIA LTD., TRADEECORP INTERNATIONALS, TAMINCO
Major Regions: – Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Qatar, Rest of Asia-Pacific, Rest of Europe, Rest of Middle-East & Africa, Rest of North America, Rest of South America, Saudi Arabia, South Africa, South Korea, Spain, UK, US
Inquire Or Share Your Questions If Any Before The Purchasing This Report –https://www.absolutereports.com/enquiry/pre-order-enquiry/13100685
Reasons to Purchase this Report:
- Analysing various perspectives of the Biostimulant market size with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Biostimulant market growth during the forecast period.
- Identify the latest developments, Biostimulant market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Major Points Covered in Table of Content of Biostimulant Market forecast 2023
1. Introduction of Biostimulant Market Report
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Biostimulant Market Trends
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Biostimulant Market Dynamics
6.Global Biostimulant Market, Segmented by Size
7. Global Biostimulant Market, Segmented by Technology Type
Purchase This Report (Price 4250 USD for single user license) – https://www.absolutereports.com/purchase/13100685
8. Global Biostimulant Market, Segmented by Geography
8.1 North America
8.1.1 United States
8.2 South America
8.4.1 United Kingdom
8.5 Africa and Middle East
8.5.2 South Africa
8.5.3 Saudi Arabia
9. Competitive Landscape
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
11. Future Outlook of the Market
And Many More……….
About Absolute Reports:
Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.
Name: Ajay More
Email: [email protected]
Organization: Absolute Reports
Phone: +14242530807/+44203239 8187