ACCESS Newswire
02 Apr 2020, 20:07 GMT+10
Players in the biostimulants market are investing in research & development activities, and are focusing on the expansion of supply and distribution through all possible trade channels to sustain the positive growth trajectory.
DUBAI, UAE / ACCESSWIRE / April 2, 2020 / The global biostimulants market is set to grow at a stellar CAGR of 11% during the forecast period (2019-2029), witnessing 3X growth in revenues. As projected by a new report of Future Market Insights (FMI), the growth of market is primarily fueled by the growing preference for bio-based ingredients in agrochemicals and crop growth additives, and a measurable rise in agricultural and horticultural production around the globe.
'The prevalence of organic farming is creating demand for raw materials, thereby propelling the biostimulants market. Raw crops account for the majority of consumption of biostimulants,' suggests the report.
For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-354
Biostimulants Market: Key Findings
Biostimulants Market: Key Driving Factors
Biostimulants Market: Key Restraints
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Competition Landscape of Biostimulants Market
Some of the key players in the global Biostimulants landscape that are covered in this study include, but are not limited to, are Valagro SPA, Koppert B.V., Syngenta, BASF SE, UPL Corporation Limited, Novozymes, Isagro SPA, and FMC Corporation, among others. Market players are focusing on research & development activities and expansion of supply and distribution to stand out in the competition.
More About the Report
This Future Market Insights study of 250 pages offers actionable insights on the biostimulants market. The market analysis is based on crop type (row crops, fruits and vegetables, turfs and ornamentals, and other crop types), active ingredient (acid-based, extract-based, and others) and application (soil, foliar, and seeds), across seven major regions.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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Mr. Abhishek Budholiya
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Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Market Report: https://www.futuremarketinsights.com/reports/biostimulants-market
Press Release Source: https://www.futuremarketinsights.com/press-release/biostimulants-market
SOURCE: Future Market Insights
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