Sarasota, FL, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), by Application Method (Foliar, Soil, and Seed), by Crop Type (Row crops, Fruits & vegetables, Turfs & ornamentals, Other crops) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021”. According to the report, global demand for biostimulants market was valued at USD 1.56 billion in 2015, is expected to reach USD 2.81 billion in 2021 and is anticipated to grow at a CAGR of 10.2 % between 2016 and 2021.
Biostimulants can boost product quality. Improved product quality means better profits for crop cultivators and nutritious & healthier foods for consumers. It helps to protect the soil and to enhance its quality. A healthy soil holds water more efficiently and is more resistant to erosion. Biostimulants may help to tackle some of the most important challenges that world agriculture may face in the future.
Browse through 42 Market Tables and 43 Figures spread over 110 Pages and in-depth TOC on “Global Biostimulants Market: By Active Ingredient, Application, Products, Region, Size, Share, Segment, Analysis and Forecast 2015-2021”.
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Europe dominated the global biostimulant market in 2015 in terms of revenue, accounting for more than 34% revenue share. The market in Europe is expected to remain dominant throughout the forecast period. Establishment of the European Biostimulants Industry Council (EBIC) in Europe has extensively impacted the biostimulants market in the region.
Asia-Pacific region is expected to be the fastest-growing region in the biostimulants market. Asia Pacific is one of the largest consumers of the biostimulants. The growth in the region is led by factors such as growing awareness and preference for biostimulants product in major agriculture countries such as India & China. Government awareness program also supports the establishment of biostimulant products for different crop types in the region.
Browse the full "Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), by Application Method (Foliar, Soil, and Seed), by Crop Type (Row crops, Fruits & vegetables, Turfs & Ornamentals, Other Crops) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/biostimulants-market
North America is expected to witness moderate growth on account of increasing preference for bio-based products in the region. Foundation of BioStimulant Coalition association in the region has boosted the biostimulants market in the past few years.
Latin America is expected to be the future market for biostimulants market. This region is expected to present new opportunities for global and regional niche players to enter the markets in these regions. The Middle East and Africa represent a region with a massive prospective for biostimulant market in upcoming years.
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Some of the key manufacturers in the biostimulants market include BASF SE, Bayer AG, Italpollina spa, Valagro, Biovert S.A., Arysta LifeScience Limited, Agrinos, ILSA spa, Biostadt India Limited, and Koppert B.V.
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The report segments the global biostimulants market as:
Global Biostimulants Market: Active Ingredient Segment Analysis
- Humic acids
- Fulvic Acids
- Trace Minerals
- Amino acids
Global Biostimulants Market: Application Method Segment Analysis
Global Biostimulants Market: Crop Type Segment Analysis
- Row crops
- Fruits & vegetables
- Turfs & ornamentals
- Other crops
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Global Biostimulants Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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