Biostimulants Industry Status and Prospects Professional Market Research Report Publishing Date: 12 April 2022 Download Sample Report Download Sample Report (+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com
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Report Studies The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Agricultural biostimulants include diverse formulations of compounds, substances and other products that are applied to plants or soils to regulate and enhance the crop`s physiological processes, thus making them more efficient. Biostimulants act on plant physiology through different pathways than nutrients to improve crop vigour, yields, quality and post-harvest shelf life/conservation.In APAC market, biostimulants is a fragmented market with numerous players. Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International are leading players in APAC region, with a combined revenue market share around 40% in 2019. Other leading players include IPL Biologicals, Humikey, Kanbiosys, Guangzhou Sgy Agricultural Science and Dhanuka, which are based in China and India. Biostimulants are mainly used in cash crops and fruits, etc.
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Market Value The global Biostimulants market was valued at 131.47 Million USD in 2021 and will grow with a CAGR of 5.77% from 2021 to 2027. Expected to reach $xx million USD by the end of
2021
Forecast year
Base year
CAGR 5.77%(2021 - 2027)
2027
KEY STAKEHOLDERS 1
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Market Players & Competitor Analysis Global and Regional Market Analysis
Market Trends
Opportunities and Drivers
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By Types: • Acid-based Biostimulants • Plant Extract Biostimulants
By Applications: • Fruits & Vegetables • Turf & Ornamentals • Row Crops
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