Global Biostimulants Market is projected to grow at a significant CAGR from 2017 to 2025
Biostimulants boost nutrient availability, metabolism, water holding capacity of the plants, and enhance the production of chlorophyll and antioxidants. Biostimulants encourage plant growth, thereby improving crop yield and quality. Rising demand for food and need for higher yield per hectare will support the growth of the biostimulants market. Growing consumer preference for organic food and healthier lifestyle options is a contributing factor. Climate is one of the key driving factors for the biostimulants market. Consistent changes in climate owing to global warming has resulted in fluctuation in yields of various food and cash crops. This has led to growing preference for usage of biostimulants by farmers. Easy availability has further augmented the market, since biostimulants are readily accessible to farmers across the world. Farmers also prefer biostimulants as they do not harm the quality of the soil as opposed to the synthetic ones. Based on product, the market is segmented into humic acids, fulvic acids, seaweed, microbials, trace minerals, vitamins and amino acids. Acid based ingredients are relatively more popular due to their easy availability of raw material, and cost effectiveness.
The report is designed to provide a complete view on the global Biostimulants market. The report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for Biostimulants market has been studied considering a short term forecast of the factors/ variables which have an impact on Biostimulants market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & trend analysis for each country and region is also available in the study. The report concludes by providing the competitive landscape of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.
Study Technique: Global Biostimulants Market
The global Biostimulants market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Biostimulants market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing Biostimulants, and customer analytics.
End-User Landscape (Consumer Profile): Biostimulants Market
Companies such as Novozymes A/S, Sapec Group (Trade Corporation International), Biolchim S.P.A, and BASF SE, among others are investing extensively in the manufacturing and sale of Biostimulants, which presents a huge opportunity to Biostimulants suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.
Novozymes A/S, Sapec Group (Trade Corporation International), Biolchim S.P.A, BASF SE, Isagro SAP, and Platform Specialty Products Corporation, among others account for the major share in Biostimulants market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: Koppert B.V., Valagro SAP, Italpollina SAP, and Biostadt India Limited.
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