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(MoneyNewsWire.Net, July 19, 2017 ) Market Data Forecast recently published a report on the “North America Biostimulants” which estimates the market to grow from USD 0.53 billion from 2016 to USD 0.87 billion by 2021 with a high CAGR of 10.45%.
North America Biostimulants Market is an organic substance that significantly impacts plant health. It is applied in small quantities in order to promote plant growth. Microorganisms, enzymes, plant hormones, and trace elements are mixed in precise quantities to make biostimulants. Biostimulants are different from biofertilizer and biopesticides as these products are crop enhancers. They boost the overall plant growth by improving crop yield, quality, and strength.
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The North American biostimulants industry accounts for around quarter of the market. Formation of organization such as the BioStimulant Coalition has propelled the biostimulants market in North America in the past few years. Biostimulants find a range of applications in the agriculture and horticulture sectors, owing to various benefits and advantages.
The driving factors for the growth of this market are expansion of organic food industry, rise in food demand and to increase yield in per sector, raw materials availability, and climate are leading the market growth. An increase in the government support, in the form of subsidies, is one of the major opportunities for further growth of the biostimulants market.
The Biostimulants are segmented based on Active Ingredients, Application, and Crop Type.and are studied for a deep-level understanding of the North America Biostimulants Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
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Segmentation
• By Active Ingredients :
• Fulvic Acid.
• Protein Hydrolysates.
• Seaweed Extracts.
• Amino Acid.
• Humic Acid.
• Others.
• By Application :
• Seed.
• Foliar.
• Soil.
• By Crop Type :
• Fruits & Vegetables.
• Cereals & Oilseeds.
• Turfs & Ornaments.
• Others.
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Geographically, North America market America North America Biostimulants Market is segmented into U.S. and Canada. North America is expected to witness moderate growth on account of increasing preference for bio-based products in the region.
The major companies dominating the Biostimulants market in this region are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.
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Scope of the North America North America Biostimulants Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of product Active Ingredients, Application, and Crop Type along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
Checkout other related studies in the Agrochemicals Segment:
North America Bio fertilizers Market: http://www.marketdataforecast.com/market-reports/north-america-biofertilizers-market-1364/
North America Bio Pesticide Market: http://www.marketdataforecast.com/market-reports/north-america-bio-pesticide-market-489/
North America Plant Growth Regulators Market: http://www.marketdataforecast.com/market-reports/north-america-plant-growth-regulators-market-1328/
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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