Market Research Report
North America Biostimulants Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||837245|
|Published||Content info||66 Pages
Delivery time: 2-3 business days
|North America Biostimulants Market Forecast 2019-2027|
|Published: May 13, 2019||Content info: 66 Pages||
The Global biostimulants market by North America is expected to expand with a CAGR of 12.29% and by revenue and area respectively during the forecast period 2019-2027. The market has been valued at $XX million & XX thousands hectares in the year 2018 and is expected to rise to a revenue of about $XX million and XX thousand hectares by 2027. The United States and Canada are the major countries contributing the most to the North American market for biostimulants.
Biostimulants are employed by the farmers in North America to meet the growing agricultural demand in a sustainable manner, thus positively impacting the overall farm profitability. They are utilized to enhance the uptake and use of other significant inputs, notably fertilizers. The U.S. is the leading manufacturer and consumer of biostimulants in North America. Other countries that possess the high market potential for biostimulants in the region include Canada and Mexico. Growth in the importance of food security, increase in the cost of synthetic pesticides & fungicides and the need for enhanced yield are primary factors that drive the market growth.
OMEX Agrifluids Ltd., Brandt Consolidated Inc., Valagro SpA, Lallemand Plant Care, Atlantica Agricola, Micromix Plant Health Ltd., Agrinos AS, Agroenzymas Group, Koppert B.V., Isagro SpA, Isagro Group, Italpollina SpA, Biostadt India Ltd., Eastman Chemical Company, Arysta LifeScience Corporation (acquired by UPL), and Tradecorp International are the major contending players operating that are profiled in the report.