The rising demand for green fertilizers will be one of the most recent trends that will increase grip in the humic acid market during the upcoming years.
Biostimulants Market report categorizes the global market by Active Ingredient (Humic Substances, Amino Acids, Seaweed Extracts, and Microbial Amendments), Mode of Application (Foliar, Soil Treatment, and Seed Treatment), Form (Liquid and Dry), Crop Type
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%
The market for biostimulants is projected to reach USD 4.9 billion by 2025, at a CAGR of 11.24% during the forecast period.
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 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.
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.
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).
Key players identified in the agricultural biostimulants market include Isagro (Italy), Arysta (Japan), BASF (Germany), Syngenta (Switzerland), FMC Corporation (US), Koppert (Netherlands), BioAg Alliance (US), Valagro (Italy), and Biolchim (Italy)
Due to the implementation of sustainable agriculture, biostimulants have been gaining a preference for their ease of application, target-specificity, and less toxicity to both the environment and human health, thus limiting the use of harmful chemicals.
The European region accounted for the highest adoption of biostimulants in the agricultural industry in 2016, owing to the growing awareness and increasing requirement for important fruit & field crops such as apples, pears, peaches, cotton, and corn.
Due to the implementation of sustainable agriculture, biostimulants have been gaining a preference for their ease of application, target-specificity, and less toxicity to both the environment and human health, thus limiting the use of harmful chemicals.
The global biostimulants market is projected to reach USD 3.29 Billion by 2022, at a CAGR of 10.43% from 2017 to 2022.
The biostimulants market is projected to grow at a CAGR of 10.4% from 2016 to 2021 and reach a projected value of USD 2.91 Billion by 2021.