Biostimulants Market- Global Opportunity Analysis And Industry Forecasts To 2022

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Biostimulants Market Global Opportunity Analysis
And Industry Forecasts To 2022
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• According to this latest publication from Our
  Research, the Global Biostimulants Market will
  grow at a CAGR of 12.7 from 2017 to 2022 to
  reach USD 3,040.3 million by 2022, driven by the
  growing need to increase crop yield and quality,
  growing organic farming and demand for organic
  food, and wide range of benefits of biostimulants
  in crop production.
• Moreover, growing awareness about environmental
  safety with the use of biostimulants has further
  led the growth of biostimulants market globally.
  However, lack of education and awareness among
  farmers, and various challenges faced by new
  entrants and small players restraints the growth
  of biostimulants market.
• Also, unavailability of standardized regulatory
  framework for biostimulants and scientific
  technical challenges for development of
  biostimulants challenges the growth of this
  market to some extent.

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• The global biostimulants market is mainly
  segmented by active ingredients (acid based,
  extracts based, microbial amendments, trace
  minerals and vitamins, and others) by mode of
  application (foliar spray, soil treatment, and
  seed treatment), by formulation (liquid
  formulation and dry formulation), by crop type
  (row crops, fruits and vegetables, turfs and
  ornamental, and others), and by geography (North
  America, Europe, Asia-Pacific, Latin America, and
  Middle East Africa).
• Europe holds the major share in the global
  biostimulants market, followed by North America,
  and Asia-Pacific region. The large share of this
  region is primarily attributed to the rising
  concern over harmful chemicals on environment,
  increasing demand for organic food, rapid
  development innovation in biostimulants, and
  presence of large number of biostimulants
  providers.

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• However, Asia-Pacific region possesses lucrative
  growth potential for the biostimulants market and
  is expected to witness a fastest growth during
  the forecast period.
• This is mainly attributed to the large area under
  agriculture cultivation, rising need to increase
  the crop yield and quality, increasing demand for
  organic food, and various government initiatives
  to develop and increase application of
  biologicals in the region.
• The leading companies have employed various
  strategies to expand their product offerings,
  global footprint, and augment their market share.
  The key strategies followed by most companies in
  the global biostimulants market were new product
  developments, acquisitions, and expansions.

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• The key players in the global biostimulants
  market are BASF SE, Valagro SpA, Biolchim S.p.A.,
  Marrone Bio Innovation, Monsanto Company (Part of
  Bayer), Trade Corporation International (Part of
  Sapec Group), Plant Health Care PLC, Syngenta
  (Subsidiary of ChemChina), Biostadt India
  Limited, Andermatt Biocontrol AG, BioWorks,
  Inc., Novozymes, Inc., Koppert B.V., Italpollina
  S.p.A., Micromix Plant Health Ltd.,
  ArystaLifeScience Corporation (Subsidiary of
  Platform Specialty Products Corporation), FMC
  Corporation, Bioatlantis Ltd, Omex Agruifluids
  Limited (Subsidiary of Omex Group), Haifa
  Chemicals Ltd., Agrinos AS, Camson Bio
  Technologies Limited, Som Phytopharma India
  Limited, EuroChem Group AG, and SICIT 2000 SpA.

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Full Report
Biostimulants Market Global Opportunity Analysis
And Industry Forecasts To 2022
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