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Download Free sampleThe global Biostimulants market was valued at 131.47 Million USD in 2021 and will grow with a CAGR of 5.77% from 2021 to 2027.
The prime objective of Biostimulants Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Biostimulants 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).
Agricultural biostimulants include diverse formulations of compounds, substances and other products that are applied to plants or soils to regulate and enhance the crop`s physiological processes, thus making them more efficient. Biostimulants act on plant physiology through different pathways than nutrients to improve crop vigour, yields, quality and post-harvest shelf life/conservation.In APAC market, biostimulants is a fragmented market with numerous players. Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International are leading players in APAC region, with a combined revenue market share around 40% in 2019. Other leading players include IPL Biologicals, Humikey, Kanbiosys, Guangzhou Sgy Agricultural Science and Dhanuka, which are based in China and India. Biostimulants are mainly used in cash crops and fruits, etc. Biostimulants include acid-based biostimulants, plant extract biostimulants and others.
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