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Biostimulants Market Growth, Top Manufactures, Types & Applications, Industry Analysis & Forecast: USD 2.91 billion by 2021

Wednesday, November 16, 2016 6:03
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Biostimulants Market is anticipated to reach USD 2.91 billion by 2021. For broad acre crops, biostimulants prove to be beneficial since they improve productivity in adverse conditions like high heat, salinity, draught or floods. Raw material for biostimulants are available and row crops like cereals and oilseeds are also making use of such stimulants. Therefore, the biostimulants market growth is majorly driven.

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This report provides thorough information on the following aspects of Biostimulants Market:

Biostimulants market size:

Seaweed extracts and microbial amendments segment market size is expected to grow at the fastest rate. Reasons behind this growth is that seaweed extracts are better at improving structure of soil, aeration in the soil, seed germination and production. They also increase tolerance for biotic and abiotic stress.

Market Drivers of Biostimulants Industry:

  • Need for Sustainable way to improve crop yield and quality
  • Enhancing stress response in crops during harsh conditions
  • Restoring and enriching degraded soils
  • Easier raw material availability and limited investments

Market Restraints of Biostimulants Industry:

  • Lack of awareness among farmers

Market Opportunities in Biostimulants Industry:

  • Strengthen product portfolio for broad-acre crops
  • Demand for cost-effective portfolio in developing countries

Market Challenges in Biostimulants Industry:

  • Unclear legislatory standardization of biostimulants
  • Increasing number of players with similar formulations

Companies profiled in this report are:

  • BASF SE (Germany)
  • Novozymes A/S (Denmark)
  • Isagro SpA (Italy)
  • Platform Specialty Products Company (U.S.)
  • Valagro SpA (Italy)
  • Biolchim SpA (Italy)

On the basis of Region, the Biostimulants Market:

  • North America
  • Europe
  • Asia-Pacific
  • RoW

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Biostimulants market overview:

Factors influencing the market growth are explained in the reports. Biostimulants increase yield as well as quality, which is a major driving factor along with other factors like they require less investments. However, lack of awareness regarding their use may restrain the growth of the market. Developing countries demand for cost effective products that can increase yield. This demand offers promising opportunities for the market.

Biostimulants industry key players:

A detailed analysis of the competition is given in the report. This includes, activities like new product launch, mergers & acquisitions, agreements, etc. Company profiles of major players and study of their product, strategies and development are also given.

All the information in this report was collected through secondary research and verified through interviews with industry experts and decision maker.

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Break-up of primaries, by the following:

  • By Company Type: Tier 1 – 20%, Tier 2 – 50%, and Tier 3 – 30%
  • By Designation: C level – 28%, Director level – 22%, and Others – 50%
  • By Region: Europe: 40%, North America – 25%, APAC – 22%, and Latin America – 13%

About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.


Mr. Ameya Pingaley

Absolute Reports

+1-408 520 9750

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