Biostimulants market in North America was valued at $0.27 billion in 2013, and is expected to grow at a CAGR of 12.4% annually.
(PRWEB) July 14, 2014
The North America Biostimulant Market report defines and segments the biostimulants market in North America with analysis and forecast of revenue. The biostimulants market in North America is estimated to grow from around $273.1 million in 2013 to $490.1 million by 2018, at a CAGR of 12.4% from 2013 to 2018.
Browse through the TOC of the North America Biostimulant Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American well intervention market, and is supported by various tables and figures.
The major crops in North America consist of grains, legumes, fruits, and vegetables. Agriculture in this region has become extensively mechanized. The population of Mexico still follows the traditional agriculture practices. There is a shift towards the organic agriculture practices, which has increased the demand for organic inputs in farms. Increase in the demand for quality agricultural products, organic produce, and need for high productivity and yield, is expected to increase the bio-stimulants consumption in North America, especially in the U.S. and Canada.
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U.S. is the market leader of bio-stimulants in North America with market share of around 78% in 2013. Mexico is expected to grow at the fastestrate at 12.6% during 2013-2018.
This market is segmented and forecasted on the basis of ingredients of biostimulants, such as acids, and extracts, among others. The market is further segmented and forecasted on the basis of major countries, such as the U.S., Mexico, and Canada.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
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