The global bio stimulant in foliar market comprises of North America 21.8%, Europe 40.8% (major market), Asia-Pacific 19.7% and Latin America 11.9% in the year 2013.
(PRWEB) July 05, 2014
Foliar application is the most used worldwide technology for bio stimulants supply. In the current global scenario, more than 80% of total bio stimulants area is provided by foliar application. Maximum foliar application is found in European nations by area and market revenue as well. Foliar application is a technique of providing essential nutrients directly to plants by spraying it on plant leaves. It improves growth rate and yield of plants after increasing nutrients feeding. In foliar application, nutrients are rapidly absorbed by plants and uniformly distributed to each part of shoot and root. It improves ability of plants in consuming nutrients via leaves and makes application of foliar technique more effective. The revenue generated by bio stimulants in foliar application was $973.6 million in 2012 and is expected to reach $1,858.8 million by 2018.
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Bio Stimulants in Soil Market
Bio stimulants help by providing organic means of nutrients in the soil. These essential nutrients are reloaded into the soil with the help of bio stimulants, which also facilitates the plant to uptake nutrients more efficiently. Bio stimulants help plants to grow in poor soil conditions. Bio stimulants are blended with soil to improve its performance and better health. Sometimes, bio stimulants also act as solutions to pest problems. Mostly, this technology is applied in European areas and followed by North America. The revenue generated by bio stimulants in soil application was $88.2 million in 2012 and is expected to reach $180.4 million by 2018.
Bio Stimulants in Seed Market
Seed application of bio stimulants help to grow uniformly and maintains moisture content. It reduces plant growth time by 60.0% and develops seed yields to 99.0% with better root development. A bio stimulant, when applied to a plant seed, enhances the nutrient use efficiency and increases stress response. However, it is not a very popular technique so far. Seed application is expected to grow at the highest CAGR of 15.2% in 2013-2018. It is the least used technology for the supply of bio stimulants around globe. Europe is the leading the market followed by Latin America and Asia-Pacific.
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