Market Research Future (Food and Beverages) Global Biostimulants Market Research Report | Page 4

Global Biostimulants Market Research Report - Forecast to 2023
3 Sample Pages
Biostimulants market by type has been segmented into natural and synthetic, natural biostimulant will dominate the
market as the demand for organic and clean label food product has increased in the recent years.
On the basis of crop type, market is segmented into fruits & vegetables, row crops, turfs & ornaments and others,
row crop will dominate the market and will grow at a CAGR of 10.9%.
On basis of application, market is segmented into seed treatment, foliar treatment, soil treatment.
On basis of active ingredients, market is segmented into acid based, extracts, and others, extract based
biostimulants will be highest growing segment during the forecast period.
On basis of acid based ingredients, market is segmented into humic acid, fulvic acid, amino acid.
On basis of extract based ingredients, market is segmented into microbial, plant, seaweed.
Regional Analysis:
The global biostimulants market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW).
Among these Europe region dominates the market and will grow at a CAGR of 11.22%. Asia-pacific will be the fastest
growing region in the biostimulants market and high growth in emerging economies such as China, India, Japan,
Australia, and the Latin American countries, offers ample opportunities for expansion to major players. The rising
demand for organic and clean label food & beverages in growing economies of Asia-Pacific and Latin America,
especially in China and India will be the crucial factor underlining the market growth.
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