Global Biostimulants Market Worth USD 2.91 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: BASF, Biolchim, Isagro – Research and Markets
June 17, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), Application Method (Foliar, Soil, and Seed), Crop Type, & by Region – Global Trends & Forecasts to 2021” report to their offering.
The biostimulants market is projected to grow at a CAGR of 10.4% from 2016 to 2021 and reach a projected value of USD 2.91 billion by 2021. In terms of area of application, the biostimulants market is projected to grow at a CAGR of 11.7% from 2016 to 2021, to reach USD 24.9 million hectares by 2021. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for its efficient stress response mechanism are projected to drive the biostimulants market.
This market has been gaining prominence among broad-acre crops to improve the crop productivity against different stress conditions such as intense heat, drought, salinity, or floods. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for its efficient stress response mechanism are projected to drive the biostimulants market.
Among the key ingredients considered, seaweed extracts and microbial amendments are projected to be the fastest-growing segments.
Companies Mentioned:
- BASF SE
- Biolchim S.p.A.
- Biostadt India Limited
- Isagro S.p.A.
- Italpollina S.p.A.
- Koppert B.V.
- Novozymes A/S
- Platform Specialty Products Corporation
- Sapec Group (Trade Corporation International)
- Valagro S.p.A.
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Biostimulants Market, By Type
8 Biostimulants Market, By Crop Type
9 Biostimulants Market, By Method of Application
10 Biostimulants Market, By Brand
11 Biostimulants Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information visit http://www.researchandmarkets.com/research/jhmxgr/biostimulants.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160617005789/en/
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Sector: Agrochemicals and Fertilizers, Crop Farming