Biostimulant Market 2019: Comprehensive Analysis on Business Summary, Product Opportunity and Current Industry Development 2024

(The Express Wire via Comtex)

Biostimulant Market Report studies the global Biostimulant market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Biostimulant Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Biostimulant market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Biostimulant Market

  • Eastman Chemical Company
  • Arysta Lifescience Corporation
  • Isagro SpA
  • Lallemand Plant Care
  • Agrinos AS
  • Atlántica Agricola
  • Biostadt India Ltd
  • Brandt Consolidated Inc.
  • Ilsa SpA
  • Italpollina SpA
  • Koppert BV
  • Micromix Plant Health Ltd
  • Omex Agrifluids Ltd
  • Tradecorp International
  • Valagro SpA
  • Agroenzymas Group

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Market Overview:

  • The global biostimulant market was valued at USD 2.19 billion in 2018 and is expected to register a CAGR of 12.52% during the forecast period (2019-2024). In 2017, Europe was the largest geographical segment of the market studied and accounted for a share of around 40.2% of the market.
  • The organic food industry, which is growing at a healthy rate, is the major driving force behind the growth of the biostimulant industry. Increased awareness among the farmers (especially in Asia-Pacific) about the benefits of biostimulants, is another factor augmenting the growth of the market studied. The market is also growing due to the increased adoption of sustainable farming methods.

Scope of the Report:

  • Biostimulants are chemicals or microorganisms that help enhance the growth of the plant. They do not serve nutrient deficiency. Instead, they increase nutrient availability, water holding capacity, metabolism, and the production of chlorophyll.

Why there is Need of Biostimulant Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Biostimulant market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Biostimulant market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

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Key Market Trends:

Expansion of Organic Food Industry driving the Market

Organic biostimulants are significant for the future of the agricultural industry, in terms of promoting organic practices. Biostimulants can enhance soil microflora, which, in turn, helps make the uptake of nutrients more efficient. they increase antioxidant activity in plants and boost internal defenses against environmental stresses and disease pressure. Biostimulants are associated with organic farming and gardening, which are currently witnessing healthy progress in conventional agriculture as well. Biostimulants are increasingly being perceived as a response to consumer demand for softer' agricultural practices. Organic food and related agriculture currently account for around 5.0-10.0% of the food market, varying from region to region. As organic food products are produced without using any pesticide or fertilizer, the demand for plant biostimulants is on the rise. Consequently, the increasing popularity of organic farming drives the demand for biostimulants.

Europe dominates the Global Market

The European Union's stringent regulations on environmental safety and support for organic farming have paved the way for a flourishing biostimulant market in European countries, such as Germany, Italy, and France. In addition, inventions in plant biostimulants, targeting specific agronomic needs, are attracting new customers in Europe. Europe is the largest segment of the global biostimulant market and is expected to record a robust growth rate. Owing to the ready availability of raw materials and high effectiveness, humic acid is the largest category of biostimulants consumed and marketed in Europe. Humic acid-based products account for about 20.0% of the European segment of the market studied. Some of the major crops where biostimulants are applied are - citrus, pome fruits, grape, olives, broccoli, cabbage, carrots, cauliflower, cucumber, onion, eggplant, garlic, melons, tomato, squash, watermelon, pepper, tomato, wheat, rice, maize, oil seed, sugar beet, turf, flowers, and ornamentals.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Biostimulant market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Biostimulant market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

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Detailed TOC of Biostimulant Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Active Ingredient
5.1.1 Humic Acid
5.1.2 Fulvic Acid
5.1.3 Amino Acids
5.1.4 Protein Hydrolysates
5.1.5 Seaweed Extracts
5.1.6 Other Active Ingredients
5.2 By Origin
5.2.1 Natural Biostimulants
5.2.2 Biosynthetic Biostimulants
5.3 By Application
5.3.1 Foliar
5.3.2 Soil
5.3.3 Seed
5.4 By Crop Type
5.4.1 Cereals
5.4.2 Oilseeds
5.4.3 Fruits and Vegetables
5.4.4 Turf and Ornamental
5.4.5 Other Crop Types
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.1.4 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Spain
5.5.2.5 Italy
5.5.2.6 Russia
5.5.2.7 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 India
5.5.3.4 Australia
5.5.3.5 Rest of Asia-Pacific
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Africa
5.5.5.1 South Africa
5.5.5.2 Rest of Africa

6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Eastman Chemical Company
6.3.2 Arysta Lifescience Corporation
6.3.3 Isagro SpA
6.3.4 Lallemand Plant Care
6.3.5 Agrinos AS
6.3.6 Atlántica Agricola
6.3.7 Biostadt India Ltd
6.3.8 Brandt Consolidated Inc.
6.3.9 Ilsa SpA
6.3.10 Italpollina SpA
6.3.11 Koppert BV
6.3.12 Micromix Plant Health Ltd
6.3.13 Omex Agrifluids Ltd
6.3.14 Tradecorp International
6.3.15 Valagro SpA
6.3.16 Agroenzymas Group

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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