Biostimulants Market Expected to Reach $2,524.02 Million by 2019 - New Report by MarketsandMarkets
(PRWEB) January 28, 2015 -- Agricultural biostimulants are natural substances that include diverse formulations of compounds, which are applied to soil and plants to improve and regulate the crop’s physiological processes. Biostimulants stimulate plant growth to improve crop yields, vigor, and quality. The report Biostimulants Market Global Trends & Forecasts to 2019 defines and segments the biostimulants market with analyses and projections of the size of the market.
Browse 85 market data tables and 74 figures spread through 190 pages and in-depth TOC.
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The market is segmented and the value is projected on the basis of regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World. The market for biostimulants has a significant impact on not only human health but also on the environment. Biostimulants are broadly categorized in acid based and extract based, on the basis of active ingredients.
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The biostimulants market consists of four crop types; they are row crops, fruits & vegetables, turf & ornamental crops and other crops. The demand for biostimulants for row crops accounted for the largest share in 2013, at $777.04 million, and it is projected to reach $1604.09 million by 2019. Europe was the largest consumer of row crops in 2013, followed by the Asia-Pacific region.It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, burning issues, and challenges.
This report estimates the size of the global biostimulants market in terms of value and area. The market has been further segmented on the basis of crop types such as row crops, fruits & vegetables, and turf & ornamentals. Drivers, restraints, and challenges of the market are discussed in detail.
Agricultural biostimulants are natural substances that include diverse formulations of compounds, which are applied to soil and plants to improve and regulate the crop’s physiological processes. Biostimulants stimulate plant growth to improve crop yields, vigor, and quality.
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