The global biostimulants market size is expected to reach USD 6.75 billion by 2028 and register a CAGR of 11.3%, according to the latest report by Reports and Data.
Growing ecological concerns due to the overuse of chemical-based products in agricultural sector has increased the demand for eco-friendly biostimulants and is fueling market revenue growth.
Extensive use of synthetic pesticides, scarcity of arable land, growing demand for high value-added crops, and increasing awareness about environmental impact of chemical products are some significant factors enhancing growth of the biostimulants market.
Request a free sample of this report : https://www.reportsanddata.com/sample-enquiry-form/4102Based On Region (Revenue, USD Billion, 2018 - 2028)North AmericaU.S.CanadaMexicoEuropeGermanyU.K.FranceRussiaItalyRest Of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAESouth AfricaRest of MEAAvail discount on this report : https://www.reportsanddata.com/discount-enquiry-form/4102However, factors, such as lack of awareness and shortage of biostimulants products, along with lack of education about biostimulants are projected to hamper market growth.
Additionally, lack of regulation for product commercialization in emerging economies is likely to restrain growth of the biostimulants market throughout the forecast period.
Key Players Of This Market - BASF (Germany), Isagro (Italy), Valagro (Italy), Bayer (Germany), Italpollina (Italy), Koppert Biological Systems (Netherlands), Acadian Seaplants (Canada), UPL (India), and Biolchim (Italy).Request custom research for this report : https://www.reportsanddata.com/request-customization-form/4102For this study, Reports and Data has segmented the global biostimulants market based on Source, Active Ingredient, Crop Type, Form, Application Method, and Region:Based On Source: (Revenue, USD Billion, 2018 - 2028)NaturalSyntheticBased On Active Ingredient (Revenue, USD Billion, 2018 - 2028)Humic SubstancesHumic AcidFulvic AcidSeaweed ExtractsMicrobial AmendmentsAmino AcidsOthers VitaminsTrace mineralsPolysaccharidesBased On Crop Type (Revenue, USD Billion, 2018 - 2028)Cereals & GrainsFruits & VegetablesTurf & OrnamentalsOilseeds & PulsesOthers ForagePlantation CropsBased On Application Method: (Revenue, USD Billion, 2018 - 2028)Foliar TreatmentSoil TreatmentSeed TreatmentBased On Form: (Revenue, USD Billion, 2018 - 2028)DryLiquidThank you for reading our report.