The Global Biostimulant Market by Active Ingredient, Type, Application, Crop Type and Geography - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 29, 2019--The “Biostimulant Market - Segmented by Active Ingredient, Type, Application, Crop Type and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The Global Biostimulant Market was valued at USD 1,940 million in 2017 and is expected to register a CAGR of 12.5% during the forecast period (2018-2023).
In 2017, Europe is the largest segment of the market studied, and accounted for a share of around 42.5% of the market studied. Growth in the consumption of organic food is driving the regional market.
Biostimulants are widely used on cereals, fruits and vegetables. These segments account for around half of the market share. The demand from the North American segment is driving the demand for turf & ornamental biostimulants as well.
Key HighlightsThe Fastest Market Growing Segment by Active Ingredient - Seaweed Extract Expansion of Organic Food Industry Low Innovation in Product Development
DriversExpansion of the Organic Food Industry Higher Benefits with Enhanced Yield and Productivity Increased Emphasis on Sustainable Farming
RestraintsLess Awareness among Farmers in Developing Countries Less Innovation in Product Development and High R&D cost Unclear Legislatory Standardization of Biostimulants
2. Research Scope & Methodology
3. Biostimulant Market Overview
4. Biostimulant Market Dynamics
5. Biostimulant Industry Analysis
6. Biostimulant Market Segmentation
7. Biostimulant Market Competitive Landscape
8. Biostimulant Market Company Profiles
9. Biostimulant Market Future of the Market
Companies ProfiledEastman Chemical Company Arysta Lifescience Corporation Isagro SPA Lallemand Plant Care Agrinos AS Atlntica Agricola Biostadt India Ltd. Brandt Consolidated Inc. Ilsa SPA Italpollina SPA Koppert B.V. Micromix Plant Health Ltd. Omex Agrifluids Ltd. Tradecorp International Valagro SPA Agroenzymas Group
For more information about this report visit https://www.researchandmarkets.com/research/78ptf6/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005457/en/
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Related Topics:Agrochemicals and Fertilizers,Crop Farming
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/29/2019 06:27 AM/DISC: 01/29/2019 06:27 AM