Biostimulants Market to reach USD 3528.02 million by 2023

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Biostimulants Market to reach USD 3528.02 million by 2023

Market By Active Ingredients (Fulvic Acid, Protein Hydrolysates, Seaweed Extracts, Amino Acid, Humic Acid, And Others), By Application (Seed, Foliar, Soil), By Crop Type (Fruits & Vegetables, Cereals & Oilseeds, Turfs & Ornaments, And Others)

(EMAILWIRE.COM, July 30, 2018 ) Plant hormones, microorganisms, trace elements, and enzymes are combined in specific amounts to make biostimulants. Hence, biostimulants cannot be characterized as fertilizers that are used to provide nutrients to plants with nutritional deficiencies. They increase nutrient availability, metabolism, and boost the production of chlorophyll and antioxidants.

The Global Biostimulants Market was worth USD 2009.06 million in 2018 and estimated to be growing at a CAGR of 11.92%, to reach USD 3528.02 million by 2023.

Key Points from TOC

Market Segmentation
5.1 By Active Ingredients

5.1.1 Fulvic Acid

5.1.2 Protein Hydrolysates

5.1.3 Seaweed Extracts

5.1.4 Amino Acid

5.1.5 Humic Acid

5.1.6 Others

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5.2 By Application

5.2.1 Seed

5.2.2 Foliar

5.2.3 Soil

5.3 By Crop Type

5.3.1 Fruits & Vegetables

5.3.2 Cereals & Oilseeds

5.3.3 Turfs & Ornaments

5.3.4 Others

Read more Insights at https://www.marketdataforecast.com/market-reports/global-biostimulants-market-1370/

Geographical Analysis
6.1 North America

6.2 Europe

6.3 Asia-Pacific

6.4 Latin America

6.5 Middle East & Africa

The global Biostimulants market Leaders are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.

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