Global Biostimulants Market (2020 to 2028) – Includes BASF, Bayer, Valagro Among Others

Dublin, November 26, 2021– (work wire)–The “Biostimulants Market by Active Ingredient, Application Method and Crop Type – Global Industry Perspective, Comprehensive Analysis and Forecast, 2020-2028” Report added to ResearchAndMarkets.com an offer.

The global biostimulants market size was $2.19 billion in 2020 and is expected to reach $4.88 billion by 2028, at a compound annual growth rate of 10.5% from 2021 to 2028.

mentioned companies

Biostimulants are products that are used to increase plant growth and reduce the need for fertilizers as well. These substances are effective when used in lower concentrations and aid in the vital processes of the plant allowing for greater yields and higher quality products. Moreover, biostimulants also help to enhance feeding efficiency, abiotic stress tolerance and plant quality, regardless of their nutritional contents. The raw materials used in biostimulant formulations consist of humic acids, hormones, algae extracts, and others. The market is primarily driven by the increasing need for sustainable agriculture. Technological developments such as determination of gene expression or changes using molecular microarray analysis to determine the mode of action of the biostimulator is expected to increase the growth of the market in the coming years.

Analysis of the impact of COVID-19

The COVID-19 outbreak has affected almost every industry including the global biostimulant market which has seen a decline in revenue share during the first half of the pandemic due to strict lockdowns and other restrictions imposed by governments in order to contain the spread of the coronavirus. As a result, the supply and demand chain is disrupted which in turn leads to lower demand for market goods. Most of the biostimulant producers were allowed to operate as they were considered essential to the environment. However, global markets are slowly opening up to their full potential and the demand for biostimulants market is expected to increase.

growth factors

The increasing adoption of biostimulants due to the nutritional benefits they provide and their use on crops may support market growth during the forecast period. The growing organic food industry is contributing at an exponential rate to the growth of the biostimulant market. The application of biostimulants has developed greatly including higher yields such as fruits and vegetables to wide acre crops such as cereals, legumes and fiber crops. Biostimulants also enhance nutrient absorption, develop tolerance to abiotic stresses, and increase yields with higher-quality crops. The huge potential of using bio-stimulants for these wide-area crops could lead to significant growth in this market. Moreover, the easier availability of seaweed as raw materials and the strong market demand of high-value crops are expected to drive further market growth in the coming years.

Main topics covered:

Chapter #1: Introduction

Chapter 2: Executive Summary

Chapter 3: Analyzing the Impact of COVID 19

Chapter 4: Biostimulants Market – Active Ingredients Segment Analysis

Chapter 5: Biostimulants Market – Segmental Application Method Analysis

Chapter 6: Biostimulants Market – Crop Type Segment Analysis

Chapter 7: Biostimulants Market – Regional Analysis

Chapter 8: Biostimulants Market – Industry Analysis

8.1 Introduction

8.2 Market Drivers

8.2.1. Driving Factor Analysis 1

8.2.2. Driving Factor Analysis 2

8.3 Market Restrictions

8.3.1. restriction factor analysis

8.4 Market Opportunities

8.4.1. Market Opportunity Analysis

8.5 Porter’s Five Forces Analysis

8.6 Pest Analysis

8.7 Regulatory landscape

8.8 View of the active ingredients

8.9 Regional Market Trends

8.9.1. North Amarica

8.9.2. Europe

8.9.3. Asia Pacific

8.9.4. Latin america

8.9.5. Middle East and Africa

8.10. Pricing Analysis

8.11 Value Chain Analysis

8.12. downstream buyers

8.13. List of distributors / dealers

Chapter 9: The Competitive Scene

9.1 Company Market Share Analysis – 2020

9.1.1. Global Biostimulants Market: Company Market Share, 2020

9.1.2. Global Biostimulants Market, Company Market Revenue, 2017-2020 (Billion USD)

9.1.3. Global Biostimulants Market, Annual Company Growth, 2017-2020 (%)

9.1.4. Global Biostimulants Market: Radar Defined Chart, 2020

9.2. Strategic Developments

9.2.1. Acquisitions and mergers

9.2.2. New product launch

9.2.3. Regional expansion

9.3 Strategic Developments of the Company – Heat Map Analysis

Chapter 10: Company Profiles

Chapter 11: Marketing Strategy Analysis

Chapter Twelve: Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/5q1dp2

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211126005387/ar/

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