The Global Biostimulant Market by Active Ingredient, Type, Application, Crop Type and Geography - Forecast to 2023 - ResearchAndMarkets.com

DUBLIN--()--The "Biostimulant Market - Segmented by Active Ingredient, Type, Application, Crop Type and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Biostimulant Market was valued at USD 1,940 million in 2017 and is expected to register a CAGR of 12.5% during the forecast period (2018-2023).

In 2017, Europe is the largest segment of the market studied, and accounted for a share of around 42.5% of the market studied. Growth in the consumption of organic food is driving the regional market.

Biostimulants are widely used on cereals, fruits and vegetables. These segments account for around half of the market share. The demand from the North American segment is driving the demand for turf & ornamental biostimulants as well.

Key Highlights

  • The Fastest Market Growing Segment by Active Ingredient - Seaweed Extract
  • Expansion of Organic Food Industry
  • Low Innovation in Product Development

Market Dynamics

Drivers

  • Expansion of the Organic Food Industry
  • Higher Benefits with Enhanced Yield and Productivity
  • Increased Emphasis on Sustainable Farming

Restraints

  • Less Awareness among Farmers in Developing Countries
  • Less Innovation in Product Development and High R&D cost
  • Unclear Legislatory Standardization of Biostimulants

Topics Covered

1. Introduction

2. Research Scope & Methodology

3. Biostimulant Market Overview

4. Biostimulant Market Dynamics

5. Biostimulant Industry Analysis

6. Biostimulant Market Segmentation

7. Biostimulant Market Competitive Landscape

8. Biostimulant Market Company Profiles

9. Biostimulant Market Future of the Market

Companies Profiled

  • Eastman Chemical Company
  • Arysta Lifescience Corporation
  • Isagro SPA
  • Lallemand Plant Care
  • Agrinos AS
  • Atlntica Agricola
  • Biostadt India Ltd.
  • Brandt Consolidated Inc.
  • Ilsa SPA
  • Italpollina SPA
  • Koppert B.V.
  • Micromix Plant Health Ltd.
  • Omex Agrifluids Ltd.
  • Tradecorp International
  • Valagro SPA
  • Agroenzymas Group

For more information about this report visit https://www.researchandmarkets.com/research/78ptf6/the_global?w=4

Contacts

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press@researchandmarkets.com
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Related Topics: Agrochemicals and Fertilizers, Crop Farming

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Agrochemicals and Fertilizers, Crop Farming