Europe Biostimulants Market poised to rake $1,258.4 million by 2022
Europe Biostimulants Market By Active Ingredients (Fulvic Acid, Protein Hydrolysates, Seaweed Extracts, Amino Acid, Humic Acid, And Others)
(EMAILWIRE.COM, February 20, 2018 ) The Europe Biostimulants Market was worth USD 698.3 million in 2016 and estimated to be growing at a CAGR of 10.71%, to reach USD 1,258.4 million by 2022. Biostimulants promote plant development in a number of established ways throughout the crop lifespan, from seed sprouting to crop maturity. They enhance the plants capability to integrate nutrients and properly grow.
Biostimulants improve soil quality and enhance product quality, thereby generating better profits for crop cultivators and providing healthier foods for customers. Healthy soil grasps water more effectively and is more resilient to erosion. Biostimulants also help in tackling some of the most important challenges that world agriculture currently faces.
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The growth of the Europe Biostimulants market is majorly due to factors such as growing awareness among farmers, mounting food demand due to an increasing population, and government subsidies. Biostimulants are gaining increasing importance in the agriculture sector due to their environmental-friendly and organic character. However, factors such as volatile economies and high R&D costs involved in this field are impeding the growth of the market in this region.
The Europe Biostimulants market is segmented based on Active Ingredients, Application, and Crop Type. The market for Biostimulants, on the basis of Active Ingredients, is classified into Fulvic Acid, Protein Hydrolysates, Seaweed Extracts, Amino Acid, Humic Acid, and Others. In this segment, humic acids and fulvic acids lead the market for Biostimulants, accounting for more than 30% of the market. On the basis of Application, the Biostimulants market is segmented into Seed, Foliar, and Soil. The foliar technique of application is the most favoured for biostimulant supply, as it delivers ingredients in a much more direct manner when compared to the others. On the basis of Crop Type, the Biostimulants market is segmented into Fruits & Vegetables, Cereals & Oilseeds, Turfs & Ornaments, and Others. Cereals & Oilseeds lead the market on the basis of Crop Type and this trend is expected to remain the same during the forecast period.
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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe is the largest market for biostimulants, with countries such as Spain, Germany, U.K, and France acting as hotspots for biostimulants. The growth of the market in this region is reinforced by the increasing demand to step up the output of food crops such as oilseeds and sugarcane, which have various applications such as feed, fuel, and other industrial uses. Also, formation of several organizations such as the European Biostimulants Industry Council (EBIC) and the BioStimulant Coalition has further enhanced the global biostimulants market and research in these fields. Formation of the European Biostimulants Industry Council in Europe has considerably impacted the biostimulants market in the region, with key players offering assistances to the councils research ideas.
Important strategies such as product expansions and investments have been implemented by the key players in the biostimulants industry. These companies are improving their capabilities by diversifying their commercial operations across the high-growth markets with efficient distribution systems. The major companies dominating the Biostimulants market in this region are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.
Market Segmentation
1) By Active Ingredients
Fulvic Acid
Protein Hydrolysates
Seaweed Extracts
Amino Acid
Humic Acid
Others
2) By Application
Seed
Foliar
Soil
3) By Crop Type
Fruits & Vegetables
Cereals & Oilseeds
Turfs & Ornaments
Others
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About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Biostimulants improve soil quality and enhance product quality, thereby generating better profits for crop cultivators and providing healthier foods for customers. Healthy soil grasps water more effectively and is more resilient to erosion. Biostimulants also help in tackling some of the most important challenges that world agriculture currently faces.
View Full Report @ http://marketdataforecast.com/market-reports/europe-biostimulants-market-1372/
The growth of the Europe Biostimulants market is majorly due to factors such as growing awareness among farmers, mounting food demand due to an increasing population, and government subsidies. Biostimulants are gaining increasing importance in the agriculture sector due to their environmental-friendly and organic character. However, factors such as volatile economies and high R&D costs involved in this field are impeding the growth of the market in this region.
The Europe Biostimulants market is segmented based on Active Ingredients, Application, and Crop Type. The market for Biostimulants, on the basis of Active Ingredients, is classified into Fulvic Acid, Protein Hydrolysates, Seaweed Extracts, Amino Acid, Humic Acid, and Others. In this segment, humic acids and fulvic acids lead the market for Biostimulants, accounting for more than 30% of the market. On the basis of Application, the Biostimulants market is segmented into Seed, Foliar, and Soil. The foliar technique of application is the most favoured for biostimulant supply, as it delivers ingredients in a much more direct manner when compared to the others. On the basis of Crop Type, the Biostimulants market is segmented into Fruits & Vegetables, Cereals & Oilseeds, Turfs & Ornaments, and Others. Cereals & Oilseeds lead the market on the basis of Crop Type and this trend is expected to remain the same during the forecast period.
Free sample of the report is available @ http://marketdataforecast.com/market-reports/europe-biostimulants-market-1372/request-sample
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe is the largest market for biostimulants, with countries such as Spain, Germany, U.K, and France acting as hotspots for biostimulants. The growth of the market in this region is reinforced by the increasing demand to step up the output of food crops such as oilseeds and sugarcane, which have various applications such as feed, fuel, and other industrial uses. Also, formation of several organizations such as the European Biostimulants Industry Council (EBIC) and the BioStimulant Coalition has further enhanced the global biostimulants market and research in these fields. Formation of the European Biostimulants Industry Council in Europe has considerably impacted the biostimulants market in the region, with key players offering assistances to the councils research ideas.
Important strategies such as product expansions and investments have been implemented by the key players in the biostimulants industry. These companies are improving their capabilities by diversifying their commercial operations across the high-growth markets with efficient distribution systems. The major companies dominating the Biostimulants market in this region are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.
Market Segmentation
1) By Active Ingredients
Fulvic Acid
Protein Hydrolysates
Seaweed Extracts
Amino Acid
Humic Acid
Others
2) By Application
Seed
Foliar
Soil
3) By Crop Type
Fruits & Vegetables
Cereals & Oilseeds
Turfs & Ornaments
Others
Inquire before Buying @ http://marketdataforecast.com/market-reports/europe-biostimulants-market-1372/inquire
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results