-- Row Crops segment dominated the biostimulants market and accounted for over 40% of the overall demand in 2017. High production of food grains and oilseeds coupled with the benefit of abiotic stress tolerance will drive the product demand in projected timeframe. Rapidly increasing population and declining arable lands have become imperative to maximize agricultural output to cater to the needs of billions. For instance, in August 2018, Valagro launched YieldOn and Opifol row crops biostimulants to increase the quality and productivity of row crops in the Indian market.
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Asia Pacific biostimulants market will grow significantly owing to the high demand for agronomic products and large dependence on the agriculture sector. Key factors such as shifting trends from traditional farming practices towards the use of technology and advanced additives in the agriculture sector are expected to propel the market expansion in the region. Increased importance of agriculture in the economy of countries like India and China along with an increasing emphasis on sustainable farming and enhanced yield will result in an increase in biostimulants consumption in the region.
Acid-based segment dominated the biostimulants market and accounted for over 50% of the overall demand in 2017. Increasing usage of acid-based products to provide adequate nutrition to the agricultural land will promote the requirement of sustainable farming, thereby fueling the product demand. For instance, in February 2018, AminoA Biostimulant launched AminoA GRO and AminoA FLO liquid amino-acid complex products to increase the resistance to stressful conditions for large scale arable farmers.
Organic food industry expansion along with increasing awareness pertaining to enhanced agricultural yield and productivity are driving the biostimulants market size. Upsurge in the usage of the product across the row crops, turf & ornamentals, fruits & vegetables segment coupled with numerous advantages offered is further supporting the business growth. Advantages of increasing the plant tolerance and recovery from abiotic stresses including extreme climatic conditions, droughts, unfavorable salinity, and floods will contribute significantly towards the market expansion till 2024.
Seed treatment segment is expected to register CAGR of over 10% up to 2024. Rising demand for hybrid seed usage in various crop cultivations owing to changing food consumption trends of consumers will foster new opportunities for seed treatment applications. For instance, Syngenta launched a new biological seed treatment brand “EPIVIO” that activates the soil microflora to stimulate seedling development by providing micronutrients and compounds to the plant.
Rapid advancement in agricultural methods including increased plant recovery & tolerance from abiotic stresses will support the business expansion. Innovation in agricultural techniques coupled with the increasing importance of organic farming will escalate product demand. Industry participants are actively capitalizing in R&D to expand the product portfolio, leading to an increase in product adoption rate. The companies are concentrating on strategies such as mergers and acquisition, new product launches, and supply chain agreements to enhance the market share.
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Few key players in the biostimulants industry include Isagro, BASF, Lallemand, Valagro, TIMAC AGRO, SICIT 2000, and Biolchim S.p.A. Acquisitions, mergers, joint ventures, and R&D investments are some strategies for expanding and building the business. For instance, in May 2018, Valagro SpA, an Italian manufacturer of biostimulants announced construction of new production plant in the U.S. in, with an investment of USD 14 million to cater the increasing demand for the product in the U.S.
Table of Contents:
Chapter 1 Methodology & Scope
1.1 Research methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definitions
1.1.5 Assumptions, scope & forecast parameters
1.2 Data sources
1.2.1 Paid Sources
1.2.2 Secondary
1.2.3 Primary
Chapter 2 Executive Summary
2.1 Biostimulants industry 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Active ingredient trends
2.1.3 Application trends
2.1.4 Crop trends
2.1.5 Form trends
2.1.6 Regional trends
Chapter 3 Biostimulants Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Manufacturers
3.3.3 Distributors & dealers
3.3.4 End users
3.3.5 Profit margin trends
3.4 Distribution channel analysis
3.5 Vendor matrix
3.6 Comparative analysis on biostimulants vs stimulants
3.7 Comparison of biostimulants with respect to other bio input (biofertilizer, biopesticides)
3.8 Comparative analysis on biofertilizer vs biopesticides vs biostimulants
3.9 Comparative analysis of biological agent in seed application
3.10 Production Landscape, 2017
Chapter 4 Biostimulants Market, By Active Ingredient
4.1 Global biostimulants market share by active ingredient, 2017 & 2024
4.2 Acid based
4.2.1 Acid based biostimulants market estimates and forecast, 2013 - 2024, (Kilo Tons) (USD Million)
4.2.2 Acid based biostimulants market estimates and forecast, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.3 Extract based
4.3.1 Extract based biostimulants market estimates and forecast, 2013 - 2024, (Kilo Tons) (USD Million)
4.3.2 Extract based biostimulants market estimates and forecast, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.4 Others
4.4.1 Biostimulants market estimates and forecast from other active ingredients, 2013 - 2024, (Kilo Tons) (USD Million)
4.4.2 Biostimulants market estimates and forecast from other active ingredients, by region, 2013 - 2024, (Kilo Tons) (USD Million)
Chapter 5 Biostimulants Market, By Application
5.1 Global biostimulants market share by application, 2017 & 2024
5.2 Foliar treatment
5.2.1 Biostimulants market estimates and forecast from foliar treatment, 2013 - 2024, (Kilo Tons) (USD Million)
5.2.2 Biostimulants market estimates and forecast from foliar treatment, by region, 2013 - 2024, (Kilo Tons) (USD Million)
5.3 Soil treatment
5.3.1 Biostimulants market estimates and forecast from soil treatment, 2013 - 2024, (Kilo Tons) (USD Million)
5.3.2 Biostimulants market estimates and forecast from soil treatment, by region, 2013 - 2024, (Kilo Tons) (USD Million)
5.4 Seed treatment
5.4.1 Biostimulants market estimates and forecast from seed treatment, 2013 - 2024, (Kilo Tons) (USD Million)
5.4.2 Biostimulants market estimates and forecast from seed treatment, by region, 2013 - 2024, (Kilo Tons) (USD Million)
Chapter 6 Biostimulants Market, By Crop
6.1 Global biostimulants market share by crop, 2017 & 2024
6.2 Row crops
6.3 Turf & ornamentals
6.4 Fruits & vegetables
6.5 Others
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Related Report:
Global Biostimulants Market Insights, Forecast to 2025
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. This study categorizes the global Biostimulants breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
https://www.marketstudyreport.com/reports/global-biostimulants-market-insights-forecast-to-2025
Read More: https://www.marketwatch.com/press-release/biomarkers-market-size-to-surge-at-154-cagr-and-hit-35400-million-by-2025-2019-06-26
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