(
EMAILWIRE.COM, January 12, 2017 ) Biostimulants promote plant development in a number of established ways throughout the crop lifespan, from seed sprouting to crop maturity. They enhance the plant’s 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 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.
The global Biostimulants market is segmented as follows:
1) Based on Active Ingredients:
• Fulvic Acid
• Protein Hydrolysates
• Seaweed Extracts
• Amino Acid
• Humic Acid
• Others
2) Based on Application:
• Seed
• Foliar
• Soil
3)
Based on Crop Type:
• Fruits & Vegetables
• Cereals & Oilseeds
• Turfs & Ornaments
• Others
4) Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
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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 global Biostimulants market are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.
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