The Asia-Pacific BioStimulant Market Growth at a rate of 12.1% in the forecast period 2022 to 2029

 

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Market Analysis and Insights - Asia-Pacific BioStimulant Market 

Biostimulants are being developed to assist farmers in meeting increased agricultural demand on a long-term basis. Biostimulants increase crop yield and value, improving farm productivity. Agricultural biostimulants are mixtures of chemicals, substances, and microorganisms applied to plants or soils to increase crop vigour, production, sensitivity to abiotic pressure, and quality.

 

Data Bridge Market Research analyses that the biostimulant market was valued at USD 1556.15 million in 2021 and is expected to reach the value of USD 3880.58 million by 2029, at a CAGR of 12.1% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

 

Market Definition

 

A biostimulant is any substance or microorganism that is applied to plants with the intention of improving nutrition efficiency, abiotic stress tolerance, and/or crop quality traits, regardless of nutrient content. Plant biostimulants, by extension, refer to commercial products containing mixtures of such substances and/or microorganisms.

 

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Asia-Pacific BioStimulant Market Size

 

The biostimulant market is segmented on the basis of active ingredients, crop type, application method, form, origin, end-user and distribution channel.. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 

Recent Development

 

  • UPL Limited will collaborate with Chr. Hansan, a Asia-Pacific bioscience company, to develop microbial-based biosolutions in October 2021. (Including biostimulants and biopesticides). ?

  • Isagro SPA acquired Phoenix Del in October 2020 to expand through external lines in the copper-based fungicides and biosolutions segments. This acquisition aims to develop more products in the biostimulant segment.

  • Tradecorp International launched PhylgreenVR, an exciting first person 360o virtual reality experience in Kenya, in March 2018. The stereoscopic, 360o journey through the entire. The Phylgreen process may entice the nation's farmers, driving sales of the Phylgreen range in the Kenyan market.

 

Asia-Pacific BioStimulant Market Country Level Analysis

 

The biostimulant market is analyzed and market size insights and trends are provided by country, active ingredients, crop type, application method, form, origin, end-user and distribution channel as referenced above.

 

The countries covered in the biostimulant market report are India, China, Australia, Japan, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.

 

Asia-Pacific biostimulant market accounts for a sizable share due to high agricultural activities. Biostimulants are useful compared to biofertilizers and pesticides because they increase productivity in a high ratio while also assisting in maintaining sustainable agriculture. As a result, demand for biostimulants is increasing in Asia. India dominates the biostimulant market due to its high agricultural activity, and biostimulants assist this country in producing high-quality food products. According to the Agricultural & Processed Food Products Export Development Authority, India exported fruits and vegetables worth approximately USD 1,469.33 million from 2018 to 2019. As a result of the increased demand for food worldwide, the biostimulant market is expanding at a rapid pace, with a significant CAGR in the coming years.

 

Asia-Pacific BioStimulant Market Share Analysis

 

The Biostimulant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the biostimulant market.

 

Key Players Asia-Pacific BioStimulant Market

 

Some of the major players operating in the Biostimulant market are:

 

  • BASF SE (Germany)

  • UPL (India)

  • Valagro S.p.A (Italy)

  • Gowan Group (U.S)

  • FMC Corporation (U.S)

  • ILSA S.p.A (Italy)

  • BiolchimS.p.A. (Italy)

  • Biostadt India Limited (India)

  • EBIC (Spain)

  • Hello Nature Inc (U.S)

  • IsagroS.p.A. (Italy)

  • Koppert (Netherlands)

  • Lallemand, Inc. (Canada)

  • Novozymes (Denmark)

  • AGRION (Greece)

  • Micromix (India)

  • FAUST BIO-AGRICULTURAL SERVICES INC (U.S)

  • AgriChem SA (Australia)

 

Asia-Pacific BioStimulant Market Report Answers the Following Questions:

 

  • How much revenue will the Asia-Pacific BioStimulant Market generate by the end of the forecast period?

  • Which market segment is expected to have the maximum market share?

  • What are the influencing factors and their impact on the Asia-Pacific BioStimulant Market ?

  • Which regions are currently contributing the maximum share of the overall Asia-Pacific BioStimulant Market ?

  • What indicators are likely to stimulate the Asia-Pacific BioStimulant Market ?

  • What are the main strategies of the major players in the Asia-Pacific BioStimulant Market to expand their geographic presence?

 

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