Biostimulants Market by Active Ingredient, Crop Type, Application Method & Form - Global Forecast 2025

1. MarketsandMarkets™ Presents Biostimulants Market- Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/biostimulant-market-1081.html

2. The BiostimulantsMarketis estimated to account for USD 2.6 billion in 2019 and is projected to reach USD 4.9 billion by 2025, at a CAGR of 11.24% during the forecast period. The market is primarily driven by the strong market demand for high-value crops across the globe and the increasing need to support crop growth due to abiotic stress, arising from changing climatic conditions. In addition, technological advancements by the key players in most of the regions have led to high demand for biostimulant products. Browse 147 market data Tables and 46 Figures spread through 222 Pages and in-depth TOC on "Biostimulants Market by Active Ingredient (Humic Substances, Amino Acids, Seaweed Extracts, Microbial Amendments), Crop Type (Fruits & Vegetables, Cereals, Turf & Ornamentals), Application Method, Form, and Region – Global Forecast to 2025“ Key Market Players There are many domestic and global players that provide biostimulants for a wide range of crops across the world. Major manufacturers are based in Europe and Asian countries. In multiple regions, due to unclear regulation, an ambiguity exists between biostimulants and biofertilizers. Hence, the scope of this report includes a detailed study of those biostimulant manufacturers, whose portfolios mention the products as biostimulants. Key companies in the biostimulants market are BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), Koppert Biological Systems (Netherlands), Acadian Seaplants (Canada), UPL (India), and Biolchim (Italy). Various strategies such as acquisitions, joint ventures, and new product launches were adopted by the companies to enter the biostimulants market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1081

3. Recent Developments • In February 2019, UPL (India) acquired ArystaLifeScience Corporation (US), a part of Platform Specialty Products Corporation (US). The acquisition helped the company to broaden its footprint in the biologicals market, and broaden its geographical presence. • In August 2018, Valagro (Italy) launched two new products Opifol and YieldOn in the Indian market. YieldOn is one of the biostimulants that cater to the demand of Indian farmers to maximize crop yields. • In May 2017, Valagro (Italy) announced the opening of its new Pirassununga plant, in São Paulo, Brazil. The plant would occupy 30,000 m² of the area and deal with the production of biostimulants and water-soluble fertilizers. The company invested around USD 11 million for the establishment of this plant. • With the introduction of stringent regulations, Europe is estimated to dominate the biostimulants market in 2019. • The biostimulants market in Europe is driven by the adoption of modern agricultural technology such as precision farming, plant biotechnology, and organic-based active ingredients. The increasing awareness of consumers about the benefits of biostimulants is expected to contribute to market growth. Moreover, the European legislation is in the process of recognizing biostimulants as important plant nutrition, and have paved the way toward a regulated environment for these products. Moreover, biostimulant products were initially applied only on high-value crops such as fruits and vegetables in Europe. However, the industrial importance has transformed some broad-acre crops such as corn and wheat into high-value crops, resulting in the increased use of biostimulants for these crops. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1081

4. The seaweeds extracts segment is projected to grow at the highest rate during the forecast period. • Extracts from marine algae, known as seaweed extracts, are marketed to be used in the agriculture industry. Intensive research on biostimulants and plant nutritional products has increased the awareness pertaining to the benefits of seaweed extracts in agriculture. Application of seaweed extracts in agriculture not only reduces the side effects of harmful agrochemicals but also helps in protecting the environment. High marine culture and seaweed production in the Asian countries is projected to drive the seaweed extracts segment in this region, wherein low-value production of seaweed extracts by the Indian and Chinese domestic players can be observed. • The foliar treatment segment is estimated to dominate the biostimulants market in 2019. • Foliar spray application is one of the most widely used methods of using biostimulants, to maximize production efficiency. The direct application on leaves through the foliar application method is considered the most effective way of supplying nutrients to plants, resulting in the rapid absorption and enhancement of micronutrient intake in each part of the shoots and roots. Moreover, the foliar application method is found to be a highly effective way of utilizing biostimulants for fruit & vegetable crops.   • This report includes a study of the development strategies of leading companies. The scope of this report includes a detailed study of biostimulant manufacturers such as BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), and UPL (India). • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1081

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