Bio stimulants are natural substances that are applied to various parts of plants and soil to boost the crop yield and to increase the return on investment. These can stimulate plant growth by altering physiological processes such as improving water holding capacity, increased chlorophyll production. Bio stimulants have a great application in agriculture and horticulture. The increasing demand for both better quality produce and high yield will drive the market of bio stimulants as these are completely organic and environment friendly. The bio stimulants market is estimated to reach $2.78 Billion by 2020 growing at a CAGR of 13.8%. Europe is dominating the global bio stimulants market which also has The European Bio stimulant Industry Council (EBIC) to promote use of bio stimulants to increase the agricultural yield.
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some of the key players in global bio stimulants market are:
- Agrinos Inc.
- Valagro S.p.A
- BASF SE
- Arysta Lifescience Corporation
- Isagro SPA
- Italpollina SPA
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The market for bio stimulants is classified into three categories based on active ingredient, application and type of crop and each of these segments are further broken down into sub-segments to give a comprehensive analysis of global bio stimulants market.
The overall market has also been presented from the perspective of different geographic locations and key economies in this market. Competitors are highlighted and market players are profiled with attributes covering company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the each of the prominent players for 2015 are detailed.
The report also provides a detailed qualitative analysis of the factors responsible for driving and hindering the growth of the bio stimulants market and future opportunities that can propel the market.
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