DUBLIN, December 8, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/3zjzh5/biostimulants) has announced the addition of the "Biostimulants Market by Active Ingredient, by Application Type, by Crop Type & by Region - Global Trends & Forecasts to 2019" report to their offering.
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The biostimulants market is projected to reach $2,524.02 million by 2019, at a CAGR of 12.5%, as studied from 2014.
The market for biostimulants has a significant impact on not only human health, but also on the environment. Biostimulants are broadly categorized in acid-based and extract-based, on the basis of active ingredients. Biostimulants can be applied in a variety of methods in agriculture and horticulture such as by foliar, seed, and soil application. There has been a tremendous increase in the demand for biostimulants for greater yield of crops.
The size of the overall market was derived using forecasting techniques based on active ingredient production, application techniques, and area under application, crop yields, and trade trends in various regions. North America and Europe were two of the largest consumers of biostimulants in 2013. Growth is particularly high in emerging countries such as China, India, and Brazil, because of the rising domestic demand.
The market of biostimulants is estimated to be worth $1,402.15 million in 2014, and is projected to reach $2,524.02 million by 2019, at a CAGR of 12.5%. The biostimulants market is projected to grow steadily due to increasing importance for organic products in the agriculture industry. In 2013, Europe was the largest market; this market is projected to grow to $2,524.02 million by 2019, at a CAGR of 12.5%. as studied from 2014.
The application of biostimulants application is increasing in developing countries. The players in this market have developed a range of innovative products to target specific crop needs. Thus, the biostimulants market is gaining more global presence and acceptance among customers. Key participants in the biostimulants market include Bayer CropScience (Germany), Valagro S.p.A (Italy), Arysta LifeScience Corporation (Japan), Biostadt India Limited (India), and Koppert B.V. (The Netherlands). These players are implementing different strategies to achieve growth and development in the biostimulants market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Biostimulants Market, By Active Ingredient
8 Biostimulants Market, By Application Type
9 Biostimulants Market, By Crop Type
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
- Agrinos AS
- Arysta Lifescience Corporation
- BASF SE
- Biostadt India Limited
- ISAGRO Spa
- Italpollina Spa
- Koppert B.V.
- Novozymes A/S
- Taminco Corp.
- Valagro Spa
For more information visit http://www.researchandmarkets.com/research/3zjzh5/biostimulants
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SOURCE Research and Markets