Lucintel Blog: Lucintel Forecasts Biostimulant Market to Grow at a CAGR of 10% from 2019 to 2024

Friday, September 9, 2022

Lucintel Forecasts Biostimulant Market to Grow at a CAGR of 10% from 2019 to 2024

According to the recent study the Biostimulant Market is projected to grow at a CAGR of 10% from 2019 to 2024. Growth in this market is primarily driven by increasing need for sustainable agriculture approach, bioprotective effects against abiotic stress, improving soil health and restoring degraded soils, and easier raw material availability.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in biostimulant market by active ingredient (humic substances, seaweed extracts, microbial amendments, trace minerals, vitamins & amino acids, and other ingredients & additives), form (dry and liquid), crop type (row crops, fruits & vegetables, turfs & ornamentals, and other crops), application method (foliar treatment, soil treatment, and seed treatment), and region (North America, Europe, Asia Pacific, South America, and RoW).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/biostimulant-market.aspx

“Vitamins & amino acids market is expected to remain the largest segment during the forecast period.”

Based on active ingredient, the biostimulant market is segmented into humic substances, seaweed extracts, microbial amendments, trace minerals, vitamins & amino acids, and other ingredients & additives. Lucintel forecasts that the vitamins & amino acids market is expected to remain the largest segment.

“Europe will dominate the biostimulant market in near future.”

Europe will remain the largest market over the forecast period due to the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic - based active ingredients.

Download Brochure of this report by clicking on https://www.lucintel.com/biostimulant-market.aspx.

Major players of biostimulant market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BASF, Isagro, Valagro, Bayer, Italpollina, Koppert Biological Systems, Acadian Seaplants, UPL, and Biolchim are among the major biostimulant providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/biostimulant-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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