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Seaweed Extracts segment is projected to be the fastest growing segment of Biostimulants Market

 



(MoneyNewsWire.Net, November 15, 2017 ) According to the report Biostimulants Market, published by Market Data Forecast, the Global market is projected to reach USD 3.3 billion by 2022, at a CAGR of 10.8% from 2017 to 2022



Biostimulants market analysis are fertilizer additives which are derived biologically to improve plant growth and productivity. They include microorganisms or biological formulations. They are applied directly to plants or to soil to enhance crop yield, quality and tolerance to abiotic stresses. They also increase water storage efficiency of plants. They are useful to plants throughout their life from seed germination to harvesting.



Get a comprehensive overview of the Biostimulants Market: http://www.marketdataforecast.com/market-reports/global-biostimulants-market-1370/



Biostimulants Market: Drivers & Restraints

Due to the rapid population growth and decreasing agricultural land, the need to increase the crop production has increased. These are the major factors driving the growth of biostimulants market. Increase in the prices of chemical fertilizers and stimulants, growing demand for organic food products, increase in demand for environmental friendly alternatives and efficient use of resources are expected to propel the market growth.

However, lack of proper regulatory guidelines and lack of awareness among farmers in emerging economies are inhibiting the market growth.



Get accurate market forecast and analysis on the Biostimulants Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-biostimulants-market-1370/request-sample



Biostimulants Market: 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



By Geography

• North America

o United States

o Canada

• Europe

o U.K

o Spain

o Germany

o Italy

o France

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Latin America

o Brazil

o Argentina

o Mexico

o Rest of Latin America

• Middle East & Africa

o Middle East

o Africa



From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: http://www.marketdataforecast.com/market-reports/global-biostimulants-market-1370/customize-report



Biostimulants Market: Overview

Based on the active ingredients, fulvic acid holds the largest market share. It is because fulvic acid contains several nutrients which are beneficial for plant health and it is also one of the most chemically active compounds in the soil. Humic acid is also similar to the fulvic acid and also contribute significantly to the biostimulants market. Seaweed extract is expected to be the fastest growing market segment due to the high demand in developed countries in Europe and North America.



Europe leads the biostimulants market due to the availability of innovative products and high research and development investments in this region. Asia Pacific is the fastest growing market due to the growing awareness among farmers and encouragement by several agricultural organuzations toward organic farming.



Biostimulants Market: Key Players

Major players in the Biostimulants market are Biostadt India Limited, BASF SE, Novozymes A/S, Valagro SpA, Isagro SpA, Biolchim SpA, and Koppert B.V.



About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.



For more information, kindly visit, www.marketdataforecast.com



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Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

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