Biostimulants Market to grow over $ 2 Billion during 2021-2025 | Technavio

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NEW YORK, July 27, 2021 /PRNewswire/ — Technavio has been monitoring the biostimulants market and it is poised to grow by USD 2.24 billion during 2021-2025, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Biostimulants Market by Product, Application, Crop Type, and Geography - Forecast and Analysis 2021-2025

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With the gradual recovery of markets from the aftermath of the COVID-19 pandemic, the fertilizers & agricultural chemicals industry is likely to witness MIXED impact during the forecast period.

Companies across the globe are focusing on creating a Resilient Business Model in the Face of COVID-19. Vendors are continuing their ongoing operations while building resilient business models as the path to recovery from the pandemic is being carved out.

This post-pandemic business planning research will aid clients to:

  • Addressing Potential Impacts by Facilitating changes in Process Designs
  • Focusing on agile execution of proposed and approved changes.
  • Assessing Impact on Critical IT infrastructure and Software System

Fetch Pandemic-Driven Insights on Biostimulants Market

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

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Global Biofertilizers Market – Global biofertilizers market is segmented by product (nitrogen-fixing biofertilizers, phosphate-solubilizing biofertilizers, and others) and geography (North America, Europe, APAC, South America, and MEA).

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Global Agrochemicals Market – Global agrochemicals market is segmented by product (fertilizers and pesticides) and geography (APAC, North America, Europe, South America, and MEA).

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Top 3 Vendor Analysis of Biostimulants Market 

ADAMA Ltd.

The company offers biostimulants such as Brevis and Optimus/Trimaxx.

BASF SE

The company offers biostimulants, which are used in the agriculture industry to improve the quality of the soil.

Bayer AG

The company offers biostimulants, that are used for stronger crop yields.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get the report snapshot here for a detailed market share analysis of market participants during COVID-19 lockdown:

https://www.technavio.com/report/biostimulants-market-industry-analysis

Biostimulants Market 2021-2025: Segmentation

Biostimulants market is segmented as below:

  • Product
    • Acid-based
    • Extract-based
    • Others
  • Type
    • Row Crops and Cereals
    • Fruits and Vegetables
    • Turfs and Ornaments
    • Others
  • Application
    • Foliar
    • Soil
    • Seed
  • Geography
    • Europe
    • APAC
    • North America
    • South America
    • MEA

The biostimulants market is driven by rising demand for organic food. In addition, rapid industrialization and urbanization is expected to trigger the biostimulants market toward witnessing a CAGR of over 12% during the forecast period.

Download our extensive report to get Exhaustive Insights: https://www.technavio.com/talk-to-us?report=IRTNTR40738

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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Report: www.technavio.com/report/biostimulants-market-industry-analysis

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