Press Release

Biostimulants Market Emerging Technology, Overview, Growth Opportunities, Share Forecast till 2026

Biostimulants Market

The Global Biostimulants Market is likely to gain impetus from a rise in the demand for high-value crops. According to a report published by Fortune Business Insights, titled, “Biostimulants: Global Market Analysis, Insights and Forecast, 2019-2026,” the global market is projected to reach US$ 5.68 Bn by the end of 2026. It will exhibit a CAGR of 12.4% during the forecast period (2019-2026). The global market was valued at US$ 2.24 Bn in 2018. The report further states that the governments of numerous countries have begun focusing on the usage of natural or biological origin agricultural inputs in crop production for increased yield and better quality. It is one of the major factors that is anticipated to boost the global biostimulants market growth during the forecast period. Moreover, renowned enterprises operating in the global market are focusing on launching technologically advanced and novel products. This is another factor that will increase the sales of biostimulants in the coming years.

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Key Segmentation:

By Type

  • Seaweed Extracts
  • Humic Substances
  • Vitamins & Amino Acids
  • Microbial Amendments

By Application Method

  • Foliar Spray
  • Soil Treatment
  • Seed Treatment

By Formulation

  • Powder/Dry
  • Liquid

By Crop Type

  • Cereals
  • Oilseeds
  • Fruits & vegetables
  • Turf & ornamentals

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Complete Report [email protected] https://www.fortunebusinessinsights.com/industry-reports/biostimulants-market-100414

Biostimulants Market in India Holds Huge Potential

The biostimulants market in India is in the developing stage. Several new concepts have been introduced and people have only begun to explore the untapped potential in recent times. Owing to the high population in India, there is a soaring demand for sustainable agricultural products. Although a small percentage of the population is aware of the advantages of biostimulants, this factor has created growth opportunities for market entrants.

Agriculture plays a massive role in the Indian economy and subsequently, the growing adoption of biostimulants in India will have a positive impact on the global market. In response to the massive potential in India, companies such as Syngenta are adopting attractive business strategies, with an inclination towards introducing low-cost products. The global biostimulants market is likely to grow in the coming years with an impetus from the growth of regional markets of the Asia Pacific and North America.

Futureco Bioscience, Italpollina, and Other Key Market Players Launch Innovative Products to Gain Competitive Edge

Futureco Bioscience, an agrobiotechnology company, involved in the research, development, and worldwide commercialization of products for the protection of crops, based in Spain, announced in that it has launched ‘Radisan’ May 2019. It is a new biostimulant that can be used in the development of roots. It can also improve the structure of a plant and strengthens its general state. Radisan can be applied to a variety of crops during their vegetative growth as it has several benefits.

Italpollina, a provider of biotechnological and certified solutions for modern agriculture, based in Italy, launched Tandem, an innovative biostimulant product in February 2019. It consists of a strain of beneficial microorganism infused with LRPP. The product will aid in promoting the development of roots. Tandem also contains vegetal peptides that improve plant resistance to harsh climatic conditions, namely, excess heat, cold, drought, or even lack of nutrients in the soil.

Fortune Business Insights has profiled some of the prominent companies operating in the global biostimulants market. They are Isagro S.p.A, Acadian Seaplants Ltd., Bayer CropScience, Biostadt India Limited, Lallemand Plant Care, Valagro S.p.A, Koppert Biological Systems, BASF SE, UPL, Biolchim S.p.A, Syngenta AG, Agrinos AS, and other key market players.

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About the author

Rudolph Martinez

Rudolph is leading the agricultural innovations column. He writes about technologies related to agriculture and the advancements. He has been working in our organization for 5 years and is one of the junior employees. He is a total tech savvy person and is always looking for different kind of articles, which will stand out the crowd. His articles are fascinating to read, and it contains many minds engaging facts.

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