Biostimulants Market 2021 Share, Size Global Manufactures, Consumption, Drivers, Top Leading Countries, Forces Analysis, Revenue, Challenges and Global Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Biostimulants Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Biostimulants Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Biostimulants Market is estimated to reach $3,878 million by 2024; growing at a CAGR of 10.8% from 2016 to 2024. Biostimulants are formulations derived biologically, that are used to apply to plants to improve the physiological processes of crops. These formulations are applied to plants, seeds, soil, or media, so as to enhance the plant’s ability to adapt the nutrients and improve the yield. Use of biostimulants also contributes to the conservation of soil after the cultivation. Moreover, it is being widely used in global agricultural production to overcome the challenge modeled by mounting demand for food, due to continuous growth in world population.

The factors propelling the growth of the global biostimulants market are rising need for sustainable method to enhance crop produce, decreasing agricultural land, growth in organic food industry, and rise in abiotic stress. Though, absence of adequate regulatory framework, and little awareness among farmers would pose challenge for the market growth. Additionally, market expansion, and increasing demand for cost-effective substitutes would create growth opportunities in years to come.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The key segmentations of global biostimulants market includes active ingredients, crop type, application, and geography. Active ingredient type is bifurcated into amino acid, seaweed extracts, humic substance, fulvic, vitamins, and others. Crop type comprises of turf and ornaments, raw crop, fruit and vegetables, and others. Furthermore, application includes soil, foliar, and seed.

Based on geography, biostimulants market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, Germany, France, Italy, Spain, and others. Asia-Pacific is segmented into China, Japan, India, Australia, and others, while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in this market includes Valagro S.p.A., Novozymes A/S, Biolchim SpA, Italpollina SpA, BASF SE, Platform Specialty Products Corporation, Arysta LifeScience Limited, Koppert B.V., ILSA S.p.A, and Bayer AG, among others.

The key takeaways from the report:
The report will provide detailed analysis of Global Biostimulants Market with respect to major segments such as active ingredient, crop type, and application

The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Biostimulants Market has been included in the report

Profile of the key players in the Global Biostimulants Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Biostimulants Market:
Active Ingredients Segments
Amino Acid
Seaweed Extracts
Humic Substance
Fluvic
Vitamins
Other Active Ingredients
Crop Type Segments
Turf and Ornaments
Raw Crop
Fruit and Vegetables
Other Crop Types
Application Segments
Soil
Foliar
Seed
Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Others
Asia-Pacific
China
Japan
India
Australia
Others
RoW
South America
Middle East
Africa

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Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.1 Impact Analysis
3.3.2 Restraints
3.3.2.1 Impact Analysis
3.3.3 Opportunities
Chapter 4 Global Biostimulants Market by Crop Type: Market Size and Forecast, 2015 – 2024

4.1 Overview
4.2 Raw Crop
4.2.1 Current Trend and Analysis
4.2.2 Market Size and Forecast
4.3 Fruit and Vegetables
4.3.1 Current Trend and Analysis
4.3.2 Market Size and Forecast
4.4 Turf and Ornaments
4.4.1 Current Trend and Analysis
4.4.2 Market Size and Forecast
4.5 Other Crop Types
4.5.1 Current Trend and Analysis
4.5.2 Market Size and Forecast

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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