Biostimulants Market to reach USD 2 bn by 2024, ADAMA Ltd. and BASF SE emerge as a Key Contributors to Growth| Technavio

LONDON--()--Technavio has been monitoring the biostimulants market and it is poised to grow by $ 2 bn during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • What are the major trends in the market?
    Reduction in arable land is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 12.11% and the incremental growth of the market is anticipated to be $ 2 bn,
  • Who are the top players in the market?
    ADAMA Ltd., BASF SE, Bayer AG, Evonik Industries AG, FMC Corp., ISAGRO Spa, Italpollina Spa, Syngenta Crop Protection AG, UPL Ltd., and VALAGRO Spa, are some of the major market participants.
  • What is the key market driver?
    The demand for organic food is one of the major factors driving the market.
  • How big is the Europe market?
    The Europe region will contribute 27% of the market share.

     

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ADAMA Ltd., BASF SE, Bayer AG, Evonik Industries AG, FMC Corp., ISAGRO Spa, Italpollina Spa, Syngenta Crop Protection AG, UPL Ltd., and VALAGRO Spa are some of the major market participants. The demand for organic food will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Biostimulants Market 2020-2024: Segmentation

Biostimulants Market is segmented as below:

  • Product
    • Acid-based
    • Extract-based
    • Others
  • Type
    • Raw Crops And Cereals
    • Fruits And Vegetables
    • Turfs And Ornaments
    • Others
  • Application
    • Foliar
    • Soil
    • Seed
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

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Biostimulants Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The biostimulants market report covers the following areas:

  • Biostimulants Market Size
  • Biostimulants Market Trends
  • Biostimulants Market Industry Analysis

This study identifies a reduction in arable land as one of the prime reasons driving the biostimulants market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Biostimulants Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist biostimulants market growth during the next five years
  • Estimation of the biostimulants market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the biostimulants market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biostimulants market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Acid-based - Market size and forecast 2019-2024
  • Extract-based - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Foliar - Market size and forecast 2019-2024
  • Soil - Market size and forecast 2019-2024
  • Seed - Market size and forecast 2019-2024
  • Market opportunity by application

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: MARKET SEGMENTATION BY CROP TYPE

  • Market segmentation by crop type
  • Comparison by crop type
  • Row crops and cereals - Market size and forecast 2019-2024
  • Fruits and vegetables - Market size and forecast 2019-2024
  • Turfs and ornaments - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by crop type

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Reduction in arable land
  • Upcoming regulation on biostimulants
  • Global initiatives to improve agricultural output

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ADAMA Ltd.
  • BASF SE
  • Bayer AG
  • Evonik Industries AG
  • FMC Corp.
  • ISAGRO Spa
  • Italpollina Spa
  • Syngenta Crop Protection AG
  • UPL Ltd.
  • VALAGRO Spa

PART 16: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 17: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Biostimulants Market will grow by $ 2 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/