What is Agricultural Biostimulants Market Scope?
Biostimulants are products that reduce the need for fertilizers and increase plant growth, resistance to water, abiotic stress. In small concentrated measures, these are efficient enough to favour plants' vital procedures, promoting growth and a good quality yield. In addition, they add nutrition efficiency to the plant.
The Agricultural Biostimulants market study is being classified by Type (Acid-Based Biostimulants, Extract-Based Biostimulants, Seaweed Extracts and Others), by Application (Soil, Foliar, Seed and Others) and major geographies with country level break-up.
Key players fragment the global market for Biostimulants over the development of advance and effective Biostimulants in order to have higher-yielding crops and positive nutritious effect by small, medium, and big size players having net competition. The emerging players should focus on downsizing the side effects by the extra use of Biostimulants in order to capture the market and deploy more capital towards R&D for the same.
Marrone Bio Innovation (United States), Biolchim SPA (Italy), Valagro (Italy), Biostadt India Limited (India), Andermatt Biocontrol AG (Switzerland), Koppert Biological Systems (Netherlands), BASF SE (Germany), Tradecorp Rovensa (Spain), Italpollina SPA (Italy) and Bayer AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Novozymes (Denmark), Verdesian Life Sciences (United States) and Seipasa (Spain).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Agricultural Biostimulants market by Type, Application and Region.
On the basis of geography, the market of Agricultural Biostimulants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In 2020, Partners group, the global market private investment manager, acquired a major equity stake in Rovesa from Bridgepoint Group, which will escalate their development in the global biological solution industry.
In Nov.2019, Italpollina, a world leader in the production and commercialization of organic fertilizers and natural Biostimulants launched WWW.BIOSTIMULANT.COM for providing the industry with a dedicated website portal. It presents non-commercial information in a user-friendly manner, leading users to access global information, technology, and vision for Biostimulants
Influencing Market Trend
- Rise in Awareness of Nutritional Benefits Associated with Usage of Biostimulants and their application on a broad variety of plants.
Market Drivers
- Growth in Tolerance for Drought, Too Much Water, Cold Weather, and Heat
Opportunities
- Government Support to the Research in Biostimulants in order to innovate the ways to Fuse it with Different Fertilisers or Agents used in Farming
Restraints
- Due to Slow and Unenthusiastic Growth in Agriculture Sector Nowadays is Restraining Use of Biostimulants
Challenges
- Due to Diverse Regulatory Status of Biostimulants, If They Are Registered Under Any Regulative Body or Act
- The complexity of Physiological Effects of Biostimulants
Key Target Audience
Biostimulants Manufacturers, Biostimulants Traders, Biostimulants Suppliers, Government Bodies, Research Institutes and Others
Customization available in this Study:
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