DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Biostimulants Market - By Product Type, Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares (2016-2022)" report to their offering.
The biostimulants market is estimated to be worth $1.61 billion in 2016, and is predicted to reach $3.22 million by 2020, at a CAGR of 12.23%. The global biostimulants market is segmented into soil, seed and foliar.This segment is expected to dominate the market throughout the forecast period.
The overall market size was derived by forecasting techniques based on active ingredient production, crop yields, application techniques and trade trends in various regions.The two largest consumers of the biostimulants were North America and Europe. Growth rate is particularly high in some emerging countries such as China, Brazil, and India because of the rising domestic demand. The fastest growing market estimated for the forecasted period is APAC. APAC market is growing quickly with increasing awareness among farmers on the ill effects of chemicals
Growth in Europe is attributed to the stringent regulations regarding maximum level of residue and also on the increasing cost of substitutes - chemical fertilizers.
Increasing in yield per hectare and these is continuous rise in food demand globally are factors expected to fuel demand for biostimulants products, which in turn will drive growth of the a market over the forecast period. In return, use of biostimulants can reduce abiotic stress in plants is another factor lead to drive market growth.
- Agrinos A/S
- BASF SE
- BioAtlantis Ltd.
- Biostadt India Limited
- Isagro S.p.A
- Italpollina Spa
- Koppert B.V.
- Micromix Plant Health Limited
- Novozymes A/S
- Omex Agrifluids Ltd.
- Platform Specialty Products Corporation
- The Dow Chemical Company
- Trade Corporation International
Key Topics Covered:
1. Our Research Methodology
2. Market Overview
3. Market Dynamics
4. Global Biostimulants Market Segmentation, Forecasts and Trends - by Revenue
5. By Crop Type
6. By Active Ingredient
7. By Application
8. By Region
9. Company Profiles
10. Industry Structure
For more information about this report visit http://www.researchandmarkets.com/research/tkpr3s/global