Worldwide Biostimulants Industry to 2026 - Players Include BASF, Bayer and UPI Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Biostimulants Market (2021-2026) by Active Ingredient, Application Method, Crop Type, Form, Geography and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The global biostimulants Market is estimated to be $3 billion in 2021 and is expected to reach $5.1 billion by 2026 growing at a CAGR of 11%.

Bio-stimulants are substances used in agriculture to promote plant growth without the use of any fertilizers. They are available in many formulations of compounds, substances, and micro-organisms to ensure a good crop vigor.

Certain factors like a rise in the demand for sustainable agricultural practices coupled with a strong demand for quality yields has led to a rise in the market for bio-stimulants. On the contrary, factors affecting this growth is the lack of awareness amongst the farmers about the benefits of bio-stimulants.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Biostimulants Market.
• The report includes in-depth qualitative analysis, verifiable data from authentic sources and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains the competitive analysis using Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Market Dynamics

Drivers

• Increase in Need for Sustainable Agriculture
• Limited Entry Barriers Resulted in the Entry of Players of Different Tiers
• Easier Availability of Seaweeds as Raw Materials
• Strong Market Demand from High-Value Crops

Restraints

• Commercialization of Low-Quality Bio-stimulant Products
• Low awareness about the advantages of bio-stimulants
• The derailed supply chain of bio-stimulants due to the global pandemic

Opportunities

• Strengthening Product Portfolio for Broad-Acre Crops
• Rising awareness about the benefits of bio-stimulants
• Technological Advancements for Bio-stimulant Production

Trends

• Products receiving high acceptance from the different stakeholders
• Adoption of bio-based agricultural produce

Companies Mentioned

• BASF
• Valagro
• Bayer
• UPI
• Biolchim
• Isagro
• Italpollina
• Syngenta
• FMC Corporation
• Adama
• Koppert Biological Systems
• Acadian Seaplants Limited
• Biovert-Manvert
• Haifa Group
• SAPEC
• Novozymes A/S
• Platform Specialty Products Corporation
• Biostadt India Limited

For more information about this report visit https://www.researchandmarkets.com/r/341p2p