DUBLIN, June 17, 2016 /PRNewswire/ —
Research and Markets has announced the addition of the “Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), Application Method (Foliar, Soil, and Seed), Crop Type, & by Region – Global Trends & Forecasts to 2021” report to their offering.
The biostimulants market is forecast to reach a value of USD 2.91 Billion by 2021.
The biostimulant products are gaining popularity for their fastest-growing innovative ingredient segments such as seaweed extracts and microbial amendments, owing to the need for adopting sustainable practices effectively with limited resources (land, water, and nutrients).
In the biostimulants market, row crops are projected to gain strong growth, in terms of value and area, in the next five years with respect to strengthen crop production during adverse stress conditions such as drought and intense heat.
Europe accounted for the largest market share in 2015, whereas the Asia-Pacific region is the fastest-growing market from 2016 to 2021 with respect to biostimulants. Growth in the Asia-Pacific region has been attributed to the strong demand to improve crop productivity of cereals and oilseeds within the concept of good agricultural practices.
Raw materials such as humic substances, organic waste matter, and vermicompost are utilized by farmers from their own farm resources, without complete awareness of their function as sources of biostimulants such as humic acids and fulvic acids. The popularity of biostimulant products depends on the understanding of its constituents and benefits, among the farmers. Companies, being aware of the effectiveness of these specific acids, extract them and provide them as ready-to-use end products to the market, sometimes formulated along with microbials and amino acids. The information gap caused by misplaced marketing about the concept of biostimulants serves as a challenge toward the growth of the biostimulants market.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Biostimulants Market, By Type
8 Biostimulants Market, By Crop Type
9 Biostimulants Market, By Method of Application
10 Biostimulants Market, By Brand
11 Biostimulants Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/h8jv7l/biostimulants
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SOURCE Research and Markets