Acumen Research and Consulting Biostimulants Market | Page 3

Growing demand for eco-friendly agro products to boost market growth In recent years it has been a difficult issue for the agriculture sector to sustain the levels of food production to meet the demand of growing global populations, without jeopardizing natural resources. Rapid population growth has given rise to food safety concerns. As a result of population growth, demand for food is rising. The infrastructure for food and edible agricultural products for the storage and distribution of food and grain is still lacking in both underdeveloped and developing countries. In order to meet the growing demand for food there is a need for improved yields of crops grown on existing land. In order to meet this demand, the use of advanced agrochemicals is necessary. Excessive use of traditional agrochemicals can, however, lead to environmental degradation. In the next few years, environmentally friendly crop production will most likely be desirable. The requirements for non-toxic and ecological biostimulants are likely to be greatly promoted in the near future. By increasing nutrient efficiency and water consumption and providing protection against abiotic stress, bio- stimulants stimulate plant growth. The increasing demand for environmentally friendly agricultural products is expected to drive the global market for organic stimulants between 2019 and 2026. Explore Our Market Blog@ https://www.acumenresearchandconsulting.com/blogs Regional Snapshots Europe is the world’s largest income-generating region and its dominance over the forecast period is expected to continue. Biostimulants are expected to increase the application of supporting regulations to increase organic food production. Sluggish growth, however, is anticipated to remain a market restrictive factor in the agricultural sector in West Europe. Furthermore, there will be a substitution risk in the coming years from the presence of biofertilizers. Different agricultural-driven economies like India, China and Australia are expected to be experiencing promising growth over the forecast period. In Asia Would like to place an order or any question, please feel free to contact at [email protected] | [phone]