Top Companies in Biostimulants Market | Industry Top Key Players Market Insights, Growth Analysis, Strategies | Vantage Market Research
As growers' attention to adding protein-rich regulators in routine agricultural techniques increases due to a rise in nutrition consciousness, the market share of Biostimulants will be directly and positively impacted.
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Market Overview:
The Global Biostimulants Market is valued at USD 3.0 Billion in 2021 and is expected to reach USD 5.8 Billion by 2028 at a CAGR of 11.9% revenue during the forecast period. A Biostimulant is a substance or microorganism that helps to improve plant growth. It does not work for deficiency. Instead, it increases nutrient availability, water retention capacity, metabolism, and chlorophyll production. biostimulants are important for the agricultural industry's future in terms of promoting environmental processes.
Biostimulants can improve the microflora of the soil, which, in turn, helps to make the absorption of nutrients more effective. Some increase the antioxidant activity in plants and strengthen the internal defenses against environmental and disease stress. Meanwhile, biostimulants associated with organic farming and gardening testify to the healthy progress of conventional agriculture.
The need for sustainability is growing as more people become aware of the harmful, long-term impacts of synthetic chemicals used in plant development. The biostimulant market is expected to develop in the coming years as a result of rising consumer awareness of the benefits of organic foods, the implementation of organic standards, and the approval of GLOBALGAP (Global Good Agricultural Practices) rules.
Additionally, increased awareness of the adverse effects of fertilizers being made and growing government programs to develop natural incentives will also create significant growth opportunities. Technological advances in the biostimulant sector have opened up new opportunities for manufacturers to create products in the bio-stimulant and plant growth promotor markets.
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Some of the key players operating in the Biostimulants Market are listed below:
|
Company Name |
Revenue in the USD |
|
$52 Billion |
|
$110 Million |
|
<$5 Million |
|
$135 Million |
|
$444 Million |
|
$1 Billion |
|
$2 Billion |
|
$153 Million |
|
<$5 Million |
BASF SE is a German multinational chemical company and the largest chemical producer in the world. Founded in 1865 and its headquarters is located in Ludwigshafen, Germany. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in the Americas, Europe, Australia, Asia, and Africa. The company has customers in around 190 countries and supplies products to a wide variety of industries.
Biostadt India Limited is a Public incorporated on 28 May 2003. It is classified as a non-govt company and is registered at the Registrar of Companies, Mumbai. Biostadt India Limited company’s authorized share capital is Rs. 40,500,000 and its paid-up capital is Rs. 33,000,000. The company develops and manufactures agricultural chemical products. Biostadt India Limited produces and markets insecticides, herbicides, fungicides, hybrid seeds, and aqua products. Biostadt India serves customers globally.
The company operates today in around more than 80 countries across the globe, with 4 production sites, 3 Research and Development (R&D) Centers, and many commercial offices, The company offers a wide range of biotechnological and certified solutions for modern and sustainable agriculture including natural Biostimulants of vegetal origin, beneficial microbes, and organic fertilizers. Hello Nature was founded in 2012 and is based in Seoul, South Korea.
Founded in 1993 and headquartered in Italy, Isagro is the research, development, production, and distribution of agrochemicals. Isagro operates on a global level, in the market of agro pharmaceutical and Biostimulants – innovative solutions for crop protection and nutrition.
Koppert BV develops and markets crop protection and pollination systems. The Koppert BV company produces biological products for pollination, controlling pests and diseases, plant monitoring, and other accessories. The company also undertakes research and development in the Netherlands. The company was founded on 19 November 1975 and headquartered in Berkel en Rodenrijs, Netherlands.
Lallemand Inc. is a privately-owned company that research, develops, produces, and markets yeasts, bacteria, and other microorganisms. The company is organized into 11 technically driven business units focusing on various applications of yeast and bacteria in baking, human and animal nutrition, fermented beverages, fuel ethanol, and for agricultural and pharmaceutical uses. The company was founded in 1895 and headquartered in Rexdale, Ontario.
Novozymes A/S is a global biotechnology company founded in the year 2000 and headquartered in Bagsværd outside of Copenhagen, Denmark. The Novozymes A/S company's focus is the research, development, and production of industrial enzymes, biopharmaceutical ingredients, and microorganisms. The Novozymes A/S company has operations around the world, including in China, Argentina, India, Brazil, the United Kingdom, the United States, and Canada.
Valagro Biosciences Private Limited is an unlisted private company incorporated on 13 October 2006. It is classified as a private limited company and is located in Rangareddi, Telangana. Its authorized share capital is INR 50.50 cr and the total paid-up capital is INR 28.86 cr. Valagro Biosciences Private Limited has five directors.
BIOVERT SL is located in CORBINS, Spain, and is part of the Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing Industry. The Company was founded in 2006 and is headquartered in Spain.
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