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Humic-based Bi- stimulants Market: Market Segments: By Formulation (Liquid, Water-soluble powders, Water-soluble granules and Other); By Type (Humic acid, Fulvic acid and Potassium humate);
By Application (Foliar treatment, Seed treatment and Soil treatment); and Region - Analysis of Market Size, Share & Trends for 2014 - 2020 and Forecasts t- 2030
Product Overview
Bi- stimulant is a naturally derived additive or microorganism applied t- crops t- enhance nutrition efficiency, abiotic stress tolerance, and crop quality. Bi- stimulants are applied t- plants such as fruits & vegetables, oilseeds & pulses, cereals & grains, and turfs & ornamentals. There are different methods t- apply Bi- stimulants t- the plants, including foliar treatment, soil treatment, and seed treatment. During foliar feeding, Bi- stimulants are used t- parts that are visible above the ground and are considered an essential part of crop production, especially on horticultural crops.
Market Highlights
Humic-based Bi- stimulants Market is expected t- project a notable CAGR of 10.6% in 2030.
Humic-based Bi- stimulants Market t- surpass USD 900 million by 2030 from USD 502 million in terms of value growing at a CAGR of 10.6% throughout the forecast period, i.e., 2020-30. Due t- associated benefits and an increase in the need for sustainable agriculture and reduced exploitation and wastage of traditional synthetic fertilizers, the humic-based Bi- stimulants industry has been gaining momentum.
Humic-based bi- stimulants Market: Segments
Foliar treatment segment t- grow with the highest CAGR during 2020-30
Humic-based Bi- stimulants Market is segmented
By Application as Foliar treatment, Seed treatment and Soil treatment. The foliar application technique segment is estimated t- lead the market with a share of XX.X% in 2019. In the foliar treatment of plants, t- promote easier absorption of nutrients, the chemical is directly applied t- the leaves. Absorption through the epidermis and stomata is carried out.
Humic-based bi- stimulants Market: Market Dynamics
Drivers
Demand for the adoption of sustainable solutions
There is tremendous pressure exerted t- grow crops with high-quality yields in order t- satisfy the growing demand for food. By offering protection against stress and thus promoting the growth of the plant, humic-based Bi- stimulants can resolve this problem sustainably.
Restrain
Lack the authenticity of bi- stimulant products
In different countries, the lack of clarity in patent security laws has contributed t- the proliferation of low-quality goods. The regulatory structure for Bi- stimulants, which was ambiguous among several regulatory bodies worldwide, allowed these duplicate products t- be launched.
Humic-based Bi- stimulants Market: Regions
Humic-based Bi- stimulants Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, APAC and MENA.
Humic-based Bi- stimulants Market in North America led the market with a lion share of XX.X in 2019 and is projected t- maintain its lead over the forecast period. Due t- various technological advances, the agricultural industry in Asia especially in the countries of Southeast Asia, is witnessing an effective transformation. The factors that are projected t- drive the market for humic-based Bi- stimulants in this area are the increase in agricultural practices and the demand for agricultural products that can meet international standards. High-quality Bi- stimulants have been developed and different new bioactive molecules have been patented. Asian countries are turning t- sustainable agriculture, such as China, Japan, and the southeast. The demand for humic-based Bi- stimulants in the area is therefore strong.
Humic-based bi- stimulants Market: Key Players
Koppert B.V. (Netherland)
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
China Daily Co., Ltd. (China)
Agriculture Solutions Inc. (Canada)
Eastman Chemical Company (US)
Arysta Lifescience Corporation (India)
Agrinos AS (US)
BASF SE(Germany)
Isagr- SpA (Italy)
Valagr- SpA (Italy)
Bayer Ag (Germany)
Italpollina SpA (Italy)
Biolchim SpA (Italy)
Koppert Biological Systems (Netherland)
Acadian Seaplants Ltd. (India)
FMC Corporation (US)
Humic-based bi- stimulants Market report als- contains analysis on:
Humic-based bi- stimulants Market Segments:
By formulation:
Liquid
Water-soluble powders
Water-soluble granules
Other
By type:
Humic acid
Fulvic acid
Potassium humate
By Application:
Foliar treatment
Seed treatment
Soil treatment
Humic-based Bi- stimulants Market Dynamics
Humic-based Bi- stimulants Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Humic-based Bi- stimulants Market
Which segment is anticipated t- hold the largest market share?
At what CAGR is the market anticipated t- grow between 2020 and 2030?
Wh- are the key players in the Humic-based Bi- stimulants Market?
What could be the challenging factors in the growth of Humic-based Bi- stimulants Market?
What are the growth drivers for the Humic-based Bi- stimulants Market?