Acumen Research and Consulting Biostimulants Market | Page 2
performance, biostimulants are an effective substitute for chemical agroproducts
and replace them at an increasing rate.
Manufacturers of bio-stimulants such as Biostadt India Limited are committed to
providing customized products that are specific to soil and crop type. They also
educate farmers on the benefits and expanded the company’s geographic
presence of these superior agro-products. Key players focus on consolidating
their position in existing market conditions through various expansion
strategies, particularly in emerging economies.
Companies are forward and backward integration to increase their profit
margins and gain greater negotiating power. This will boost competition
throughout the forecast period. The overall competitive scenario is expected to
be largely affected by research and development and by expanding product lines
by 2026.
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Application Insights
The global market for bio-stimulants is split into oils & pulses, cereals & grains,
fruits & vegetables etc. Based on its application from 2019 to 2026, the fruit &
vegetables market segment will be dominant. Biostimulants improve several
parameters of crop quality in application of fruit and vegetable products
including colour, firm sugar content (BRIX) and quality after harvest.
Biostimulants improve uniformity of the fruit size and crop. They stimulate
young fruits cell division. Biostimulants also provide vital nutrients for
processes like photosynthesis in plants. In turn, the marketable return is
increased.
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