Biostimulants Market by Active Ingredient, Crop Type, Application Method & Form - Global Forecast 2025

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MarketsandMarkets Presents
Biostimulants Market- Global Forecast to 2025
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iostimulant-market-1081.html
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The Biostimulants Market is estimated to account
for USD 2.6 billion in 2019 and is projected to
reach USD 4.9 billion by 2025, at a CAGR of
11.24 during the forecast period. The market is
primarily driven by the strong market demand for
high-value crops across the globe and the
increasing need to support crop growth due to
abiotic stress, arising from changing climatic
conditions. In addition, technological
advancements by the key players in most of the
regions have led to high demand for biostimulant
products. Browse 147 market data Tables and 46
Figures spread through 222 Pages and in-depth TOC
on "Biostimulants Market by Active Ingredient
(Humic Substances, Amino Acids, Seaweed Extracts,
Microbial Amendments), Crop Type (Fruits
Vegetables, Cereals, Turf Ornamentals),
Application Method, Form, and Region Global
Forecast to 2025 Key Market Players There are
many domestic and global players that provide
biostimulants for a wide range of crops across
the world. Major manufacturers are based in
Europe and Asian countries. In multiple regions,
due to unclear regulation, an ambiguity exists
between biostimulants and biofertilizers. Hence,
the scope of this report includes a detailed
study of those biostimulant manufacturers, whose
portfolios mention the products as biostimulants.
Key companies in the biostimulants market are
BASF (Germany), Isagro (Italy), Valagro (Italy),
Bayer (Germany), Italpollina (Italy), Koppert
Biological Systems (Netherlands), Acadian
Seaplants (Canada), UPL (India), and Biolchim
(Italy). Various strategies such as acquisitions,
joint ventures, and new product launches were
adopted by the companies to enter the
biostimulants market.   Download PDF Brochure
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• Recent Developments
• In February 2019, UPL (India) acquired Arysta
  LifeScience Corporation (US), a part of Platform
  Specialty Products Corporation (US). The
  acquisition helped the company to broaden its
  footprint in the biologicals market, and broaden
  its geographical presence.
• In August 2018, Valagro (Italy) launched two new
  products Opifol and YieldOn in the Indian market.
  YieldOn is one of the biostimulants that cater to
  the demand of Indian farmers to maximize crop
  yields.
• In May 2017, Valagro (Italy) announced the
  opening of its new Pirassununga plant, in São
  Paulo, Brazil. The plant would occupy 30,000 m²
  of the area and deal with the production of
  biostimulants and water-soluble fertilizers. The
  company invested around USD 11 million for the
  establishment of this plant.
• With the introduction of stringent regulations,
  Europe is estimated to dominate the biostimulants
  market in 2019.
• The biostimulants market in Europe is driven by
  the adoption of modern agricultural technology
  such as precision farming, plant biotechnology,
  and organic-based active ingredients. The
  increasing awareness of consumers about the
  benefits of biostimulants is expected to
  contribute to market growth. Moreover, the
  European legislation is in the process of
  recognizing biostimulants as important plant
  nutrition, and have paved the way toward a
  regulated environment for these products.
  Moreover, biostimulant products were initially
  applied only on high-value crops such as fruits
  and vegetables in Europe. However, the industrial
  importance has transformed some broad-acre crops
  such as corn and wheat into high-value crops,
  resulting in the increased use of biostimulants
  for these crops.
•  
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The seaweeds extracts segment is projected to
grow at the highest rate during the forecast
period. Extracts from marine algae, known as
seaweed extracts, are marketed to be used in the
agriculture industry. Intensive research on
biostimulants and plant nutritional products has
increased the awareness pertaining to the
benefits of seaweed extracts in agriculture.
Application of seaweed extracts in agriculture
not only reduces the side effects of harmful
agrochemicals but also helps in protecting the
environment. High marine culture and seaweed
production in the Asian countries is projected to
drive the seaweed extracts segment in this
region, wherein low-value production of seaweed
extracts by the Indian and Chinese domestic
players can be observed. The foliar treatment
segment is estimated to dominate the
biostimulants market in 2019. Foliar spray
application is one of the most widely used
methods of using biostimulants, to maximize
production efficiency. The direct application on
leaves through the foliar application method is
considered the most effective way of supplying
nutrients to plants, resulting in the rapid
absorption and enhancement of micronutrient
intake in each part of the shoots and roots.
Moreover, the foliar application method is found
to be a highly effective way of utilizing
biostimulants for fruit vegetable crops.
  This report includes a study of the
development strategies of leading companies. The
scope of this report includes a detailed study of
biostimulant manufacturers such as BASF
(Germany), Isagro (Italy), Valagro (Italy), Bayer
(Germany), Italpollina (Italy), and UPL
(India). Request Sample https//www.marketsandma
rkets.com/requestsampleNew.asp?id1081  
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