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(IT-NEWSWIRE.COM, September 10, 2019 ) Market Overview
Global Plant Bio-stimulants market was valued at USD xx million in 2019 and is estimated to reach USD xx million by 2026.
The expected CAGR for the market is xx% during the forecast period (2019-2026).
Whats trending in Plant Bio-Stimulants market?
From germination to maturity, the various benefits that bio stimulants provide are:
Enhanced yield and quality of crop due to an increase in metabolism and its efficiency.
Tolerance to abiotic stresses and the strength to recover from the same.
Note: - Abiotic stresses are the adverse effects of non-living factors on plants or living things in general.
These include drought, salinity, polyurethane foam, synthetic rubber, thermoplastic polyurethane, toxicity, lack of minerals, extreme temperatures, less seed quality, and excessive watering.
Improved nutrient assimilation (absorption of nutrients) and translocation (transfer of nutrients from leaf to different tissues of the plant)
Good visual aspects of the crop, i.e., color and vigor of the fruits, leaves, etc.
More fruit seeding and sugar content thus better produce qualities.
Efficient water use by the plant.
Fostering the development of soil micro-organisms that complement the fertility of the soil.
Expansion of the organic food industry, higher benefits associated with enhanced agricultural yield and productivity are increasing the demand for Plant bio-stimulants.
Comprehensive Insights
They have different operating mechanics from fertilizers regardless of the nutrient content.
While fertilizers protect against pests and diseases, biostimulants only increase the crop and soil qualities.
Hence they have nothing much to do with crop protection other than improving its immunity thus becoming complementary to fertilizers.
Industry Analysis
The significant substitutes for plant bio-stimulants are chemical fertilizers. Stimulants though being effective regarding quality do not give results as quick as chemical fertilizers.
Also, the availability of chemical fertilizers is high and at less cost compared to stimulants.
Increasing need for more food globally is encouraging the usage of chemical fertilizers which gives high yield in a short span of time.
Ease of access to raw materials, moderate initial capital requirements are encouraging companies to enter the bio-stimulant industry.
Expansion of the organic food industry, higher benefits associated with enhanced agricultural yield and productivity are increasing the compound annual growth rate (CAGR) of the production.
This, in turn, is attracting the new companies to enter the industry. Moderate product differentiation will reduce the overall research and development costs involved which will be helpful for the new entrants to the industry.
Market Segmentation
Product Analysis, by type
By Ingredients
By Form
By Substrate
By Crops
Plant Biostimulants-Crops Overview
Trees & Vine Crops
Agricultural Crops
Vegetable & Legume Crops
Other Horticulture Crops
Geographical Analysis
North America
Europe
South America
Asia Pacific
The Middle East and Africa
View full report: https://www.datamintelligence.com/research-report/plant-biostimulants-market
Download free sample: https://www.datamintelligence.com/download-sample/plant-biostimulants-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
Source: EmailWire.com
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