Biostimulants Industry and Biofertilizers Market Rising Demand in Agriculture and Porters Five Force Analysis 2017-2023

Latest niche Market Research Study on "Biostimulants-Global Market Outlook (2017-2023)” and “Biofertilizers-Global Market Outlook (2017-2023)” Published at Orbisresearch.com

Dallas, United States - July 18, 2017 /MarketersMedia/ —

The Global Biostimulants Market is accounted for $1.50 billion in 2016 and expected to grow at a CAGR of 11% to reach $3.79 billion by 2023. The market is expected to grow gradually due to growing importance for organic products in agriculture industry. Rising government funding and increasing concerns regarding sustainable agriculture has broaden the scope for biostimulant manufacturers. On the other hand, huge R&D costs and lack of awareness about biostimulants products are inhibiting the market growth.

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Foliar application segment accounted for the largest market share throughout the forecast period. Acid-based biostimulants segment commanded the largest market share, because raw materials for these biostimulants are obtained easily and highly efficient compared to other ingredients. Based on crop type, Row crops segment dominated the market followed by fruits & vegetables segment. Europe accounted for the largest share of the global market followed by North America. Asia Pacific region is expected to be the fastest growing market due to the strong demand to improve crop productivity of cereals and oilseeds within the agricultural practices.

Some of the key players in Global Biostimulants Market are Agrinos AS, Atlantica Agricola, Biostadt India Ltd, Brandt Consoliated Inc, Ilsa SPA, Isagro S.P.A., Italpollina SPA, Koppert B.V., Laboratoires Goemar S.A.S, Micromix Plant Health Ltd, Omex Agrifluids Ltd, Taminco, Tradeecorp Internationals, Valagro SPA, Arysta Lifescience Corporation and Lallemand Plant Care.

Crop Types Covered: Fruits & Vegetables, Turf & Ornamentals, Row Crops & Cereals, Other Crop ,Types.

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Active Ingredients Covered: Extract-Based,Seaweed Extracts, Other Plant Extracts, Acid-Based,
Amino Acid, Fulvic Acid, Humic Acid, Other Active Ingredients, Chitin & Chitosan, Microbial Soil Amendments, B-Vitamins, Protein Hydrolysates .

Applications Covered: Soil, Seed, Foliar .

Forms Covered: Liquid formulation, Dry formulation .

Brands Covered: Auxym-Italpollina SAP, Ratchet-Novozymes A/S, Maxicrop-Valagro SAP, Pilatus-Arysta Lifescience Corporation, T-Wave-Valagro SAP, Torque-Novozymes .

Regions Covered: North America, US, Canada,Mexico, Europe, Germany, France,Italy,UK ,Spain
Rest of Europe ,Asia Pacific, Japan ,China ,India ,Australia ,New Zealand ,Rest of Asia Pacific
Rest of the World, Middle East, Brazil, Argentina, South Africa, Egypt .

Porters Five Force Analysis
1 Bargaining power of suppliers
2 Bargaining power of buyers
3 Threat of substitutes
4 Threat of new entrants
5 Competitive rivalry

The Global Biofertilizers Market is expected to grow from $1.41 billion in 2016 to reach $3.92 billion by 2023 with a CAGR of 17%. High cost of chemical fertilizers & pesticides, expanding organic food industry, support from government agencies and hazards of chemical fertilizers are some of the factors boosting the market growth. However, the factors like lack of infrastructure and technological & environmental related issues are limiting the market. Increasing demand for biofertilizers will provide a significant growth opportunity for the market in emerging countries such as China, Japan, India, Argentina and Brazil.

On the basis of crop type, cereals & grains segment is expected to acquire largest market share due to growing usage of biofertilizers by the farmers instead of chemical fertilizers in order to grow cereal & grain. North America region is predicted to occupy highest market share owing to imposition of bans on harmful chemicals used as inputs in agriculture.

Some of the key players in Global Biofertilizers Market include Madras Fertilizers Limited, National Fertilizers Limited, Lallemand Inc., Camson Bio Technologies Limited, Rizobacter Argentina S.A., Gujarat State Fertilizers & Chemicals Ltd., Rashtriya Chemicals & Fertilizers Ltd., T.Stanes & Company Limited., Biomax, Growing Power Hairy Hill, Labiofam Grupo Empreserial, Mapleton Agri Biotech Private Ltd, Novozymes A/S, Nutramax Laboratories, Inc. and Symborg S.L.

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Applications Covered: Soil Treatment, Seed Treatment, And Other Applications.

Crop Types Covered: Pulses & Oilseeds, Fruits & Vegetables, Cereals & Grains, Other Crops, Types.

Products Covered: Phosphate-Solubilising, Potash-Mobilizing, Nitrogen-Fixing, Other Products.

Forms Covered: Dispersible Granules, Pellets, Pure & Mixed Liquid Fermentations, and Powders.

Microorganisms Covered: Rhizobium, Cyanobacteria, Azotobacter, Phosphate-Solubilizing, Bacteria, Azospirillium, and Other microorganisms.

Regions Covered: North America, US, Canada, Mexico, Europe, Germany, France, Italy, UK ,Spain ,Rest of Europe ,Asia Pacific, Japan, China, India, Australia, New Zealand ,Rest of Asia Pacific, Rest of the World, Middle East, Brazil, Argentina, South Africa, Egypt .

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

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