Biostimulants Market Statistical Forecast and Competitive Analysis - 2028
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About Tea Polyphenols Market ❖Biostimulants Market is expected to exceed USD 6.5 billion by 2028. Rising consumer focus on health & nutrition coupled with numerous benefits offered by product such as organic quality, nutrient enrichment, enhanced productivity to the agricultural produce will propel industry growth. ❖According to market analysis, changing climatic conditions, food shortage, and necessity to increase yield per hectare owing to the presence of small arable lands & water scarcity are likely to drive industry growth.
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❖Moreover, supporting regulations regarding limitations on synthetic regulators along with various incidences showing harmful effects of residual accumulation in crops will enhance the product demand. Besides, favorable government schemes and awareness campaigns to promote the growth of the high quality and enhanced productivity will further boost industry size. ❖Protein hydrolysates segment will emerge as a prominent product in global biostimulants market accounting for more than USD 80 million in 2021.
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Market Overview
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Key Players - Biostimulants Market ❖Arysta LifeScience Corporation. ❖Biolchim S.p.A ❖Biovert SL ❖BASF SE ❖Bayer S.p.A. ❖Desarrollo Agrícola y Minero ❖S.A.
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