Biostimulant Market 2019-2024 Comprehensive Analysis of Leading Key Players with Significant Growth Rate and Gross Margin Forecast to 2024

Biostimulant

Biostimulant Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Biostimulant market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Biostimulant market, reasons of buying this report and complete TOC of report.

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There are 4 key segments covered in this Biostimulant Systems Market report:

  • Competitor segment
  • Product type segment
  • End-use/application segment
  • Geography segment

Market Overview:

  • The global biostimulant market was valued at USD 2.19 billion in 2018 and is expected to register a CAGR of 12.52% during the forecast period (2019-2024). In 2017, Europe was the largest geographical segment of the market studied and accounted for a share of around 40.2% of the market.
  • The organic food industry, which is growing at a healthy rate, is the major driving force behind the growth of the biostimulant industry. Increased awareness among the farmers (especially in Asia-Pacific) about the benefits of biostimulants, is another factor augmenting the growth of the market studied. The market is also growing due to the increased adoption of sustainable farming methods.

    Biostimulant Market by Key Players:

  • Eastman Chemical Company
  • Arysta Lifescience Corporation
  • Isagro SpA
  • Lallemand Plant Care
  • Agrinos AS
  • Atlántica Agricola
  • Biostadt India Ltd
  • Brandt Consolidated Inc.
  • Ilsa SpA
  • Italpollina SpA
  • Koppert BV
  • Micromix Plant Health Ltd
  • Omex Agrifluids Ltd
  • Tradecorp International
  • Valagro SpA
  • Agroenzymas Group

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    Scope of the Report:

  • Biostimulants are chemicals or microorganisms that help enhance the growth of the plant. They do not serve nutrient deficiency. Instead, they increase nutrient availability, water holding capacity, metabolism, and the production of chlorophyll.

    Key Market Trends:

    Expansion of Organic Food Industry driving the Market

    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, helps make the uptake of nutrients more efficient. they increase antioxidant activity in plants and boost internal defenses against environmental stresses and disease pressure. Biostimulants are associated with organic farming and gardening, which are currently witnessing healthy progress in conventional agriculture as well. Biostimulants are increasingly being perceived as a response to consumer demand for softer’ agricultural practices. Organic food and related agriculture currently 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 pesticide or fertilizer, the demand for plant biostimulants is on the rise. Consequently, the increasing popularity of organic farming drives the demand for biostimulants.

    Europe dominates the Global Market

    The European Union’s stringent regulations on environmental safety and support for organic farming have paved the way for a flourishing biostimulant market in European countries, such as Germany, Italy, and France. In addition, inventions in plant biostimulants, targeting specific agronomic needs, are attracting new customers in Europe. Europe is the largest segment of the global biostimulant market and is expected to record a robust growth rate. Owing to the ready availability of raw materials and high effectiveness, humic acid is the largest category of biostimulants consumed and marketed in Europe. Humic acid-based products account for about 20.0% of the European segment of the market studied. Some of the major crops where biostimulants are applied are – citrus, pome fruits, grape, olives, broccoli, cabbage, carrots, cauliflower, cucumber, onion, eggplant, garlic, melons, tomato, squash, watermelon, pepper, tomato, wheat, rice, maize, oil seed, sugar beet, turf, flowers, and ornamentals.

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    Biostimulant Market Covers Following Points in TOC:

    • Chapter 1: Biostimulant Market Definition
    • Chapter 2: Research Methodology of Biostimulant Market
    • Chapter 3: Biostimulant Market Executive Summary
    • Chapter 4: Biostimulant Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Biostimulant Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Biostimulant Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Biostimulant Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Biostimulant Market

    Report PageBiostimulant Market – Growth, Trends, and Forecast (2019 – 2024)

     

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