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  Demand is expected to increase at a CAGR of 10.8% over the projected period. The market for biostimulants is predicted to be worth US$ 3.4 billion in 2023, and rise to US$ 9.6 billion by 2033. Due to their numerous potential applications and promising futures, biostimulants are employed in horticulture and agriculture. Growing demand for eco-friendly agricultural solutions in developing nations like China and India opens up a new market opportunity for biostimulants producers. Since food security and public health are closely related, all parties participating in the agri-food sector have sought to enhance sustainable food production. The largest phytopharmaceutical companies in Asia Pacific and Europe have intensified their production and research activities for natural products. Lack of restrictions related to the product’s commercialization may impede the market’s development and expansion during the projection period. Growth is constrained by a lack of confide...

Future Market Insights has forecasted the global  bio-stimulants market  to reach a valuation of US$ 6,383.6 Mn in 2029. Owing to its emergence as a sustainable solution that could improve agricultural sustainability and enhance crop yields. The bio-stimulants are anticipated to showcase absolute dollar opportunities in the global market with a current valuation of around US$ 2,773.8 Mn and are anticipated to reach US$ 6,383.6 Mn by 2029. The global business is estimated to witness a considerable CAGR of 11.0% during the period between 2022 and 2029. A half-yearly comparison has been presented by FMI, analyzing its key insights into the growth outlook of the bio-stimulant market. The market is predominately influenced by certain demographic factors, macroeconomic and innovation factors including, population growth, agricultural production outlook, increasing yield and productivity of crops and others. Get a Sample Copy of the Report @  ...

  The   consumption of biostimulants   is rapidly gaining pace across all agrarian countries around the world as a preferred crop growth enhancer that is free from any synthetic ingredients and objectionable side effects. The product has been provided on a high commercial scale by tier-1 global scale market players as well as regional and domestic enterprises. The growth of organic-based farm products has also envisaged the use of biostimulants to a healthy extent. The global biostimulants market was valued at US$ 2.3 Bn in 2019, and is projected to exhibit a CAGR of 11% over the forecast period (2022–2029). Acid-based active ingredients enhance crop efficiency, and are widely available. By 2029, the usage of acid-based active ingredients for crop protection will value over US$ 3 Bn. However, they are likely to lose their grip in market revenue in due course of time. Driven by consistent product innovations, novel categories of active ingredients for microbial growth amen...