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Biostimulants Market Forecast and Trends

The human population is increasing quickly and is anticipated to cross 9 billion by 2050. The current trend of agricultural food production is insufficient to support global food demand. It has been estimated that within the coming next 40 years the agricultural food production must be increased by 60%. These factors are expected drive the biostimulants market to coupled with increase in food production.

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Biostimulants Market Forecast and Trends

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  1. Biostimulants Market, by Active Ingredient, Trend Analysis, Market Share & Forecast, 2021-2027

  2. Industry Trends & Forecast Report 2027 The human population is increasing quickly and is anticipated to cross 9 billion by 2050. The current trend of agricultural food production is insufficient to support global food demand. It has been estimated that within the coming next 40 years the agricultural food production must be increased by 60%. These factors are expected drive the biostimulants market to coupled with increase in food production. The extensive uses of agrochemicals for fulfilling the global food requirement have degraded 25% of the productive agricultural land that results in arid and non-fertile soils. Increasing focus on enhancing productivity, along with rapid soil degradation, is expected to propel the biostimulants market over the forecast period.

  3. Growth drivers Increasing need for sustainable agriculture With rapidly changing climatic scenario, modern agriculture faces several challenges, including drought, soil salinity, depletion of mineral nutrients, temperature stress, and evolutionary pressure of pest and pathogens have affected the global productivity at the economic level. To enhance the agricultural production in a sustainable manner through the use of efficient agroecosystem, biostimulants can play a major role to for increase the productivity as well quality of agriculture products.

  4. Global Biostimulants Market: Active Ingredient Based on Active Ingredient, the global Biostimulants market segmented into Acid Based, Seaweed Extracts, Microbial and Others. Acid-based biostimulants made the largest active ingredient segment in previous years. Products based on humic, fulvic, and amino acids are included in the acid-based segment. Amino acids are among major originators of phytohormones and help in activating the metabolic systems of plants and seed germination. They stimulate fruit setting, pollination, flowering, and fruit development in the plant. Humic substances are naturally occurring end-products emerging from the decomposition of microorganisms such as bacteria, fungi, and chemical degradation of animal and plant residues in soils.

  5. Global Biostimulants Market: Application Based on Application, the global Biostimulants market segmented into Foliar Treatment, Seed Treatment and Soil Treatment. Foliar treatment is expected the dominate the market during the forecast period whereas seed treatment is anticipated to show the highest revenue-based CAGR over the projected period. Seed treatment is among the most cost-effective treatments as compared to conventional spraying techniques. The treatment is highly efficient and does not much labor as compared to other treatments. This helps in reducing overall input costs.

  6. Global Biostimulants Market: Regional Insights Based on region, the global Biostimulants market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Supportive regulations, along with the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic-based active ingredients, were the primary reason for the market growth. Asia-Pacific region is expected to grow at a high CAGR during the forecast period due the agriculture driven economy of India, China and other Asian countries. As China and India have the largest populations in the world, the food supply demand is also large.

  7. Competitive Landscape The major players in the global Biostimulants are BASF SE, Isagro Group, Sapec Group, Biolchim S.P.A, Platform Specialty Products Corporation, Valagro Group, Koppert B.V., Italpollina SAP, Novozymes A/S, and Biostadt India Limited and other prominent players. Sample Copy of the Report : https://www.blueweaveconsulting.com/report/biostimulants-market-bwc20035/report-sample

  8. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  9. Contact Us: +1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662    info(@)blueweaveconsulting.com www.blueweaveconsulting.com

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