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Download Free sampleThe global Biostimulant market was valued at 128.79 Million USD in 2021 and will grow with a CAGR of 5.7% from 2021 to 2027, based on Research newly published report.
The prime objective of Biostimulant Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Biostimulant Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Biostimulants are biologically produced fertilizers that are used to stimulate plant development and productivity, in addition to the nourishment of agrarian products. A biostimulant boosts plant development and growth throughout the crop life cycle, i.e., from seed germination to plant maturity. These fertilizers further help in facilitating nutrient translocation, assimilation, and use; and enhance soil fertility mainly by stimulating the development of interdependent soil microorganisms.Increase in focus to increase crop productivity and quality drives the surging demand for biostimulant products in the market. Another significant factor influencing the market growth is the introduction of sustainable agriculture to protect the environment from adverse effects, especially in Europe and North America. However low awareness about the advantages of biostimulants in agricultural activities among the farmers impedes the market growth.
By Market Verdors:
BASF SE
Biolchim
Isagro
Koppert
Biostadt India Limited
Italpollina
Novozymes A/S
Platform Specialty Product Corporation
Sapec Group
Valagro
By Types:
Acid-based
Extract-based
By Applications:
Row Crops & Cereals
Fruits & Vegetables
Turf & Ornamentals
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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