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Showing posts with the label Biostimulants Market

Biostimulants Market Growth, Trends, and Forecast 2023-2030

The global biostimulants market   was valued at   USD 2.6 billion   in   2022   and is expected to grow at a   compound annual growth rate (CAGR) of 7.4%   from   2023 to 2030. This growth can be attributed to the increasing demand for biostimulants across various agricultural applications, including   seed,   soil, and   foliar treatments.   Biostimulants   are organic fertilizers designed to enhance plant growth and development. They are used throughout the plant’s life cycle—from seed germination to maturity—by promoting growth and improving productivity. Additionally, these fertilizers encourage the activity of beneficial soil microbes, which aid in nutrient transfer, assimilation, and usage, thereby improving soil fertility and plant health. As the global agricultural sector increasingly embraces more sustainable and eco-friendly practices, the demand for biostimulants, which are organic and promote healthier plant gr...

Biostimulants Market anticipated to grow at a CAGR of 10.4% from 2022 to 2030

  Biostimulants Industry Overview The global biostimulants market size was valued at USD 2.79 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2030.    This is attributed to increased instances of soil degradation, stringent regulations on the use of chemicals in the agriculture sector, and the need for sustainable & eco-friendly alternatives to boost the growth and productivity in the agriculture sector. Biostimulants can be substances or microorganisms, which are added to the plants to enhance their characteristics and increase the yield. As the population is growing, the demand for the product is also increasing due to the growing awareness about the harmful, long-term effects of artificial chemicals used for plant growth. Thus, the growing demand for organic and natural goods is positively impacting the market growth, especially in APAC.   Gather more insights about the market drivers, restrains and...