Global Biostimulants Market to Cross USD 3.04 Bn by 2022, Expects Meticulous Research in Its Cutting-Edge Report Now Available at MarketPublishers.com22 Sep 2017 • by Natalie Aster
LONDON – By 2022, the value of the world’s biostimulants market is anticipated to go beyond USD 3.04 billion, exhibiting growth at a 12.7% CAGR over the next several years. The major market growth driving factors comprise rising need to increase crop quality and yield, enhancing popularity of organic farming, high demand for organic food and also an array of benefits provided by biostimulants in crop production. Furthermore, escalating awareness of environmental safety also gives an impetus to the market growth. Meantime, lack of education and awareness amid farmers, and different challenges faced by novel market entrants and small players are regarded as the major barriers of the global biostimulants market growth.
Today, the biggest share of the global biostimulants market is held by Europe; this is attributed to the enhancing concern regarding harmful effect of chemicals on environment, robust development and innovations in biostimulants field, presence of big number of biostimulants providers and elevating demand for organic food. The highest growth rates during 2017-2022 are expected to be registered in the Asia-Pacific market for biostimulants.
The cutting-edge research publication “Biostimulants Market- Global Opportunity Analysis And Industry Forecasts To 2022” prepared by Meticulous Market Research gives access to trustworthy market data. Besides, this report present profound insights into the current market scenario, covers the historical background, describes the prevailing trends and highlights the key factors having influence on the market development. Moreover, this research study contains updated statistics, examines the market dynamics, discusses the hottest issues, reviews the top players, describes the competitive landscape as well as outlines future growth prospects for the biostimulants market. This report includes a detailed market segmentation analysis, offers a comprehensive overview of the key geographical markets and also provides future forecasts up till 2022.
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