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Biostimulants Market Worth Around 3768.7 Million USD by 2024 | Vigorous CAGR 10.7% In Worldwide Market

Press release   •   Apr 12, 2019 07:11 EDT

Global Biostimulants Market is expected to grow significantly, to USD 3,768.7 million in 2024, at a vigorous CAGR of 10.7% from 2018 to 2024.

The key factor driving the growth of the biostimulants markets includes growing initiatives to meet sustainable agricultural goals.

The years used for the assessment are as follows;

Historical year: 2014, 2015, 2016
Base year: 2017
Forecast period: 2018 – 2024

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RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
Interacting with key opinion leaders of the market and developing data points based on interaction with them.
Study of past trends in the market and their year on year Impact on the market size and share.
Analyzing the collected data points.
Bridging the data points to calculate the total biostimulants market and it various segments.
Anticipating potential risks.
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the biostimulants market.
Finalizing the overall size and share for the global biostimulants market.

OBJECTIVES:

To classify the global biostimulants market into segments by active ingredient, crop type, Application, form ,region and analyze their growth prospects individually.
To analyze market trends, opportunities, drivers and restraints associated with the biostimulants market.
Profiling key companies operating in the global biostimulants market.
To study market response with respect to the mergers and acquisitions in the industry.

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MARKET SCOPE

The research scope for global biostimulants market is as follows:

Global Biostimulants Market, By Active ingredient

Humic
Fulvic
Seaweed Extracts
Amino Acid
Vitamin
Trace Minerals
Others

Global Biostimulants Market, By Crop Type

Row Crops
Fruit & Vegetables
Turf & Ornamentals
Others

Global Biostimulants Market, By Application

Foliar
Soil
Seed

Global Biostimulants Market, By Form

Liquid
Dry

Global Biostimulants Market, By Region

North America
Europe
Asia-Pacific (APAC)
Central and South America (CSA)
Middle-East and Africa (MEA)

FREE ANALYSIS

With increasing focus on sustainable agricultural techniques, the use of organic fertilizers or biostimulants that can be applied in agriculture to improve qualitative/quantitative crop yields has encountered increasing interest. Biostimulants are gaining importance also for their possible use in organic and sustainable agriculture, to avoid excessive fertilizer applications. The application on herbaceous crops including vegetable, such as cauliflower, pepper, fennel, fruits and others has shown significant yield growth in an eco-friendly manner. The awareness among consumer for Diet based on greater consumption of fruit and vegetables without the risk of pesticide residues and with increased nutritional value has further increased biostimulants consumption. Moreover the increase in population, there has been a steady increase in the demand for food, which in turn is boosting the demand of biostimulants to increase agricultural yield per hector. Furthermore, biostimulants can be used to reduce the level of abiotic stress in plants, which is another factor fuelling the growth of the biostimulants market.

Currently, due to the non existence of any proper standards for biostimulants, there are only a few handful organizations that are promoting the use of biostimulants and also in the process of framing some regulatory guidelines for the use of such products. Moreover, the lack of awareness regarding the use of biostimulants, along with high cost of research and development (R&D) acts as major restrain in the growth of the biostimulants market.

Table of Contents

Global Biostimulants Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Active Ingredient

1.2.2. Market Breakdown, By Crop Type

1.2.3. Market Breakdown, By Application

1.2.4. Market Breakdown, By Form

1.2.5. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities and Trends

2.2.2.1. High demand and potential opportunities in Asian economies

2.2.2.2. Growing demand for high value crops

2.2.3. Growth Drivers

2.2.3.1. Growing initiatives to meet sustainable agricultural goals

2.2.3.2. Simple business model to adopt

2.2.3.3. Increasing productivity and diverse product portfolio for broad acre crops

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. Unclear legislative framework across many nations

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Biostimulants Market Size and Forecast (2018 – 2024)

4.1. Global Biostimulants Market, By Active ingredient

4.1.1. Humic

4.1.2. Fulvic

4.1.3. Seaweed Extracts

4.1.4. Amino Acid

4.1.5. Vitamin

4.1.6. Trace Minerals

4.1.7. Others

4.2. Global Biostimulants Market, By Crop Type

4.2.1. Row Crops

4.2.2. Fruit & Vegetables

4.2.3. Turf & Ornamentals

4.2.4. Others

4.3. Global Biostimulants Market, By Application

4.3.1. Foliar

4.3.2. Soil

4.3.3. Seed

4.4. Global Biostimulants Market, By Form

4.4.1. Liquid

4.4.2. Dry

4.5. Global Biostimulants Market, By Region

4.5.1. North America

4.5.2. Europe

4.5.3. Asia-Pacific (APAC)

4.5.4. Central and South America (CSA)

4.5.5. Middle-East and Africa (MEA)

CHAPTER 5. Global Biostimulants Market, By Region

5.1. North America Biostimulants Market (USD Million/ Million hectare)

5.1.1. North America Biostimulants Market, By Active Ingredient (USD Million/ Million hectare)

5.1.2. North America Biostimulants Market, By Crop Type (USD Million/ Million hectare)

5.1.3. North America Biostimulants Market, By Application Method (USD Million/ Million hectare)

5.1.4. North America Biostimulants Market, By Form (USD Million/ Million hectare)

5.1.5. North America Biostimulants Market, By Country

5.1.5.1. U.S. Biostimulants Market (USD Million/ Million hectare)

5.1.5.2. Canada Biostimulants Market (USD Million/ Million hectare)

5.1.5.3. Mexico Biostimulants Market (USD Million/ Million hectare)

5.2. Europe Biostimulants Market (USD Million/ Million hectare)

5.2.1. Europe Biostimulants Market, By Active Ingredient (USD Million/ Million hectare)

5.2.2. Europe Biostimulants Market, By Crop Type (USD Million/ Million hectare)

5.2.3. Europe Biostimulants Market, By Application Method (USD Million/ Million hectare)

5.2.4. Europe Biostimulants Market, By Form (USD Million/ Million hectare)

5.2.5. Europe Biostimulants Market, By Country

5.2.5.1. Germany Biostimulants Market (USD Million/ Million hectare)

5.2.5.2. France Biostimulants Market (USD Million/ Million hectare)

5.2.5.3. U.K. Biostimulants Market (USD Million/ Million hectare)

5.2.5.4. Italy Biostimulants Market (USD Million/ Million hectare)

5.2.5.5. Spain Biostimulants Market (USD Million/ Million hectare)

5.2.5.6. Netherland Biostimulants Market (USD Million/ Million hectare)

5.2.5.7. Rest of Europe Biostimulants Market (USD Million/ Million hectare)

5.3. Asia-Pacific Biostimulants Market (USD Million/ Million hectare)

5.3.1. Asia-Pacific Biostimulants Market, By Active Ingredient (USD Million/ Million hectare)

5.3.2. Asia-Pacific Biostimulants Market, By Crop Type (USD Million/ Million hectare)

5.3.3. Asia-Pacific Biostimulants Market, By Application Method (USD Million/ Million hectare)

5.3.4. Asia-Pacific Biostimulants Market, By Form (USD Million/ Million hectare)

5.3.5. Asia-Pacific Biostimulants Market, By Country

5.3.5.1. China Biostimulants Market (USD Million/ Million hectare)

5.3.5.2. Japan Biostimulants Market (USD Million/ Million hectare)

5.3.5.3. India Biostimulants Market (USD Million/ Million hectare)

5.3.5.4. Australia Biostimulants Market (USD Million/ Million hectare)

5.3.5.5. Rest of Asia-Pacific Biostimulants Market (USD Million/ Million hectare)

5.4. CSA Biostimulants Market (USD Million/ Million hectare)

5.4.1. CSA Biostimulants Market, By Active Ingredient (USD Million/ Million hectare)

5.4.2. CSA Biostimulants Market, By Crop Type (USD Million/ Million hectare)

5.4.3. CSA Biostimulants Market, By Application Method (USD Million/ Million hectare)

5.4.4. CSA Biostimulants Market, By Form (USD Million/ Million hectare)

5.4.5. CSA Biostimulants Market, By Country

5.4.5.1. Brazil Biostimulants Market (USD Million/ Million hectare)

5.4.5.2. Argentina Biostimulants Market (USD Million/ Million hectare)

5.4.5.3. Rest of CSA Biostimulants Market (USD Million/ Million hectare)

5.5. MEA Biostimulants Market (USD Million/ Million hectare)

5.5.1. MEA Biostimulants Market, By Active Ingredient (USD Million/ Million hectare)

5.5.2. MEA America Biostimulants Market, By Crop Type (USD Million/ Million hectare)

5.5.3. MEA Biostimulants Market, By Application Method (USD Million/ Million hectare)

5.5.4. MEA Biostimulants Market, By Form (USD Million/ Million hectare)

CHAPTER 6. Key Players and Strategic Developments

6.1. BASF SE

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. Strategic Developments

6.2. DowDuPont Inc.

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. Strategic Developments

6.3. Micromix Plant Health Limited

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. Strategic Developments

6.4. OmexAgrifluids Ltd.

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. Strategic Developments

6.5. Koppert B.V

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. Strategic Developments

6.6. Trade Corporation International

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. Strategic Developments

6.7. IsagroS.p.A.

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. Strategic Developments

6.8. Acadian Seaplants Limited

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. Strategic Developments

6.9. ValagroS.p.A

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10.Platform Specialty Products Corporation

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. Strategic Developments

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