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Agriculture Biostimulant - Global Market Outlook (2019-2027)

Agriculture Biostimulant - Global Market Outlook (2019-2027)

4.8 (51 reviews)
Published: September 2020 ID: SMRC19933
4.8 (51 reviews)
Published: September 2020 ID: SMRC19933

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Agriculture Biostimulant Market is accounted for $3.19 billion in 2019 and is expected to reach $9.22 billion by 2027 growing at a CAGR of 14.2% during the forecast period. Increasing adoption of organic farming, easier availability of seaweeds as raw materials, and the rising awareness towards better plant nutrition are some of the factors propelling the growth of the market. However, commercialization of low-quality biostimulant products is hampering the growth of the market.

Agricultural biostimulants are biologically produced fertilizers that are used in crop production to enhance plant growth, health and productivity. A biostimulant boosts plant development and growth throughout the crop life cycle, i.e., from seed germination to plant maturity.

Based on the type, the acid-based segment is anticipated to hold considerable market share during the forecast period as these biostimulants act on chemical compounds such as calcium, iron, or phosphate, which are present in the soil to separate the cations from anions; thereby, releasing nutrients into the soil. By geography, Europe is expected to grow at a significant market share during the forecast period owing to the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic-based active ingredients.

Some of the key players profiled in the Agriculture Biostimulant Market include Valagro, BASF, Biolchim, Haifa, Isagro, Novozymes, Italpollin, Sapec Group, Koppert, and Platform Specialty Products Corporation.  

Applications Covered:
• Foliar
• Seed
• Soil

Types Covered:
• Extract-based
• Acid-based
• Seaweed Extracts   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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