Agricoltura
Frost & Sullivan Examines Biostimulants and their Projected Two-fold Growth
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"Dire needs for an efficient fertilizer to increase crop yield and combat abiotic stress among plants are driving farmers of the world to opt for alternatives, increasing the consumption of biostimulants," said , . "Further, consumer demand for is increasing the need for , resulting in products based on seaweed and plant extracts, and combinations of both with or trace minerals, to gain traction."
Frost & Sullivan's recent analysis, , includes a detailed examination of global market trends, including market drivers and restraints, technology trends, revenue and unit shipment forecast, regional trend & regulatory analysis, and competitive analysis. The study covers the geographic markets of North America and Latin America (NA & LATAM), Europe , Asia-Pacific (APAC), and the Middle East and Africa (MEA). By 2025 followed by , respectively. As for the percent of unit shipment, APAC will lead, followed by Europe , NA & LATAM, and the MEA.
"The regulatory landscape for biostimulants across regions is unstructured, and the current scenario remains debatable," noted . "Additionally, transparent approval mechanisms and appropriate product classification will encourage biostimulants manufacturers to come up with innovative products, thereby enabling market growth."
Increasing global population, manufacturers' focus on , consumers' rising preference for organic products, and farmers' demand for
and cost-effective solutions are presenting immense growth opportunities for market participants in the biostimulants space. Opportunities include:
is the latest addition to Frost & Sullivan's research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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Jaylon Brinkley
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